Accounting
Illinois CPA Society Announces 2022-2023 Board of Directors
The Illinois CPA Society (ICPAS), one of the largest state CPA societies in the nation, has announced its new board of directors, serving during the April 1, 2022, to March 31, 2023, fiscal year.
FASB Expands Disclosures and Improves Accounting Related to Credit Loss Standard
During the FASB’s PIR of the credit losses standard, including a May 2021 round table, investors and other stakeholders questioned the relevance of the troubled debt restructuring (TDR) designation and the decision usefulness of disclosures about ...
SEC Proposes Rules to Require Disclosures Related to Climate Impact
The required information about climate-related risks also would include disclosure of a registrant’s greenhouse gas emissions, which have become a commonly used metric to assess a registrant’s exposure to such risks.
Clockwork.ai Closes $2M Seed Funding for Financial Planning System
The Clockwork SaaS platform alleviates the pain founding teams experience wrangling the complexity of finances and forecasts while running fast-growing businesses. 89 percent of the more than six million employers in the U.S. have fewer than ...
Report Looks at Goodwill Impairments Throughout the COVID-19 Pandemic
Initial data for 2021 shows a marked improvement in the economic and business outlook. The study’s early goodwill impairment figures indicate the top 10 events for 2021 only reached a combined $5 bn, less than one-tenth of the top 10 amount of ...
The Votes Are In: 2022 Readers’ Choice Awards
Now in their 18th year, the CPA Practice Advisor Readers' Choice Awards give our readers the chance to spotlight the technologies they most respect and trust to provide client services, to manage their firms, and to help their clients run ...
8 Ways Electronic Payments Are a Better Way to Optimize Cash Flow
While maintaining strong relationships with suppliers should always be a priority, it has never been more important, given current supply chain issues. Suppliers rely on fast access to payments to fund the production and distribution of goods that ...
Iowa CPA Society CEO to Retire
Adams is a native of Hartley, Iowa. She graduated from Drake University and earned her CPA certificate in 1981. After starting her career in public accounting, she spent more than 25 years in the