Remove tag reports
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Building a better P2P solution at breakneck speed.

Airbase

Take the pain out of expense management with easier reporting, faster reimbursements, and quick approvals. Our comprehensive expense management module includes: Expense reports. Streamline expense reporting with automated expense report creation powered by OCR and generative AI. Guided Procurement reports.

NetSuite 130
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2024 GAAP Taxonomy Approved By SEC

CPA Practice

The Securities and Exchange Commission has accepted the 2024 GAAP Financial Reporting Taxonomy (GRT) and the 2024 SEC Reporting Taxonomy (SRT), collectively known as the “ GAAP Taxonomy ,” the Financial Accounting Standards Board (FASB) said on March 19. In addition, the FASB finalized the 2024 DQC Rules Taxonomy (DQCRT).

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Putting a Price Tag on Intangible Assets

RogerRossmeisl

Intangible assets — such as patents, copyrights and trademarks — are essential to the operations of many companies, but they’re rarely reported on the balance sheet. And even when they are reported due to an acquisition, book value is often based on historical cost under U.S. Generally Accepted Accounting Principles (GAAP).

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FASB Makes 2024 GAAP and SEC Taxonomies Available

CPA Practice

18 released the following taxonomies for 2024: GAAP Financial Reporting Taxonomy (GRT), SEC Reporting Taxonomy (SRT), and DQC Rules Taxonomy (DQCRT). The Financial Accounting Standards Board (FASB) on Dec. SEC details and guidance are available at the SEC’s Office of Structured Disclosure.

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Here’s How Clients Rank Big 4 Risk Advisory (Or Something, We Aren’t Really Sure)

Going Concern

The stock photo site we use tagged this image under “ranking,” let’s just go with it. All we’re taking from this is that EY and PwC are lagging behind in awareness and KPMG is tied with Deloitte for Competitive Resilience which isn’t defined in the report extract so… KPMG got a badge for it though!

Gaming 92
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Why we can’t keep old reports (and other burning questions)

Xero

The retirement of old reports is now only a little over five months away. We’ve answered some of your most common questions, so you can feel confident about switching to new reports before 31 July 2023. Q: Why are you getting rid of old reports? Our teams have big plans to add even more reports and functionality in the future.

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How a continuous close leads to more accurate forecasting, better time management, and more.

Airbase

And, alarmingly, only 28% say they trust their financial reporting data. A report from the Global Business Travel Association states that almost one in five submitted expense reports contains at least one error. A more traditional close relies heavily on manual work, which is inherently error-prone.