Accounting
Latest News
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
IRS Draft Form 7217 Ready For Public Comment
Special Report Provides Guidance on the New Accounting Model for Leases
Thomson Reuters has released a special report addressing the FASB’s new guidance on leases. The report, An Overview of the New Accounting Model for Leases, provides insights on the complexities related to this topic to make analyzing and planning for ...
Four CPAs honored as Maryland’s ‘Women to Watch’ for 2018
Launched in 2014 by the American Institute of CPAs, the awards highlight the accomplishments and contributions of women in the CPA profession and demonstrate to emerging female leaders that success is not out of reach.
Public Company Auditors Earn Solid Confidence Ratings from U.S. Investors
Eighty-one percent of American investors say they have confidence that public company auditors are effective in their investor protection roles, according to the Center for Audit Quality’s 2018 Main Street Investor Survey. The annual survey polls ...
Fattmerchant Releases Bi-Directional QuickBooks Online Integration
This new feature allows Fattmerchant’s platform to streamline the payments and accounting processes for merchants for the most seamless user experience on the market. The bi-directional syncing component allows for both apps to be updated as soon as a ...
National Assn of Black Accountants Responds to Killing of Botham Jean
Our justice system is one of the best in the world when it works well, but it has struggled to value and protect the lives of all citizens with the same measure and consideration. Recently, Jean, a former Risk Assurance Experienced Associate at PwC, ...
New Cloud Trial Balance Integrates with CCH Axcess
Once users upload client trial balance data into CCH Axcess Financial Prep, the accounts are intelligently grouped, and the solution assigns the tax codes respectively. As a result, users can more quickly make adjustments based on their professional ...
Fishbowl Adds Business Intelligence
The new reporting features are native within Fishbowl, and allow users to create customized forms, labels or data reports, and offer more flexibility and intelligence than ever before. Fishbowl users can develop dozens of different business ...
Cannabis Accounting: What is Cost of Goods Sold?
Since there is very little guidance by the IRS on what is COGS for cannabis, it has left it open for interpretation. For cultivators, COGS is pretty straight forward. It would include the cost of the seed, the labor to cultivate (including the owner’s ...