Accounting
Experts Warn of Scam Emails About Data Breach at Target
In the aftermath of the data breach that potentially exposed the credit and debit card information for 80 million shoppers, Target sent out an official email stating that the company would offer one free year of credit monitoring through Experian.
Regulators Increasing Scrutiny of Conduct Risk, But Most Companies Unprepared
A new survey shows that even though regulators are increasingly looking at conduct risk by companies, there is still great disparity in how firms are defining conduct risk and similarly how regulators are referring to the concept.
Tips for Tackling Small Business Finances in 2014
Online accounting software maker Xero has released a new collection of critical tips and advice from accountants that is designed to help small businesses improve operations in 2014.
FASB Issues New Accounting Guidelines for Goodwill and Interest Rate Swaps
The Financial Accounting Standards Board (FASB) today issued two updates to U.S. generally accepted accounting principles (GAAP) that provide alternatives for private companies on the subsequent accounting for goodwill and for interest rate swaps—specifically a simplified hedge accounting approach for certain types of swaps.
New Print Edition of FASB Accounting Standards Codification Available
The Financial Accounting Foundation (FAF) today released an updated print edition of the Financial Accounting Standards Board’s FASB Accounting Standards Codification, the single, authoritative source of U.S. Generally Accepted Accounting Principles (U.S. GAAP) for public and private companies and not-for-profit organizations.
Amazon to Start Collecting Sales Tax in N.C.
Amazon.com will begin collecting sales tax in North Carolina beginning Feb. 1, a company official confirmed Monday.
Michael Hsu, CPA, Explains Virtual CFO Services
W. Michael Hsu of DeepSky talks about the old way entrepreneurs typically dealt with the issue of building an accounting department and then offers the new (and better) way of choosing to outsource it in Part 2 - Entrepreneur & (the Outsourced) Accounting Department
CPA Exam Scholarship Program Accepting Applications
The second annual Newton D. Becker Scholarship Program is now accepting applications. The scholarship benefits college students who are pursuing the Certified Public Accountant (CPA) credential, and will award more than $200,000 in financial assistance including 20 full CPA Exam Review scholarships (all four parts of the exam), each valued at $3,360, and additional scholarships valued at $1,680.