Accounting
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Zone & Co Launches ZoneBilling AI Assistant
IRS Extends Tax Deadlines Until May For Helene Victims
Avantax Acquires SEP Financial Services
Sovos Launches Indirect Tax Suite for SAP, Enhances Clean Core Readiness
IFRS Foundation Updates the IFRS Taxonomy Preparer’s Guide
The IFRS Foundation has published an updated guide to using the IFRS Taxonomy, to help companies with the electronic tagging of their financial statements. The IFRS Taxonomy facilitates the creation and use of IFRS financial statements in an electronic format by defining specific codes, or elements, that companies can use to tag information. Such tagged […]
GASB Issues Proposed Implementation Guide on Fiduciary Activities
The Governmental Accounting Standards Board (GASB) has issued a proposed Implementation Guide that contains questions and answers about the GASB’s new standards on accounting and financial reporting for fiduciary activities.
FASB Issues Staff Q&A Document on Estimating Credit Loss Reserves
The credit losses standard issued in 2016 requires organizations to measure all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts with ...
Grant Thornton Sees Record Revenues of $5.45 Billion
Particularly strong growth from tax (14.8%) and advisory (10.4%) service lines across the network.
Grant Thornton Launches LeaseCom Analytics
To help public and private companies adjust to FASB’s new lease accounting standard, Grant Thornton LLP has introduced a web-based application called LeaseCom Analytics (LCA). LCA combines advanced analytics and machine learning to automate the ...
Government Shutdown Affected Contractors Relying on SBA Programs
Among the numerous federal departments and agencies that have been affected by the shutdown, the Small Business Administration has been closed since December 22. This has strong negative effects for companies using its 7A Guaranteed Lending Program ...
AICPA Awards 20 Scholarships to Freshmen Accounting Students
To be eligible for the award, students must have completed AICPA’s Accounting Program for Building the Profession: Advanced High School Accounting course (APBP). The course is part of an AICPA program that trains high school educators to teach ...
Blockchain-as-a-Service: TaxToken Streamlines Tax Filing for Crypto Investors
TaxToken, a blockchain-as-a-service (BaaS) company that helps taxpayers streamline their personal cryptocurrency accounting, has announced its official company launch. TaxToken combines blockchain and artificial intelligence to automate much of the ...