Accounting

COSO has provided thought leadership and guidance for organizations in areas of internal control, enterprise risk management, fraud deterrence, and governance.

In the past year, operators report needing to find new suppliers, removing items from their menus, adjusting portion sizes or substituting lower cost items all in response to elevated food prices.

The Census Bureau said overall retail sales in January were down 0.8% from December but up 0.6% year over year. That compared with increases of 0.4% month over month and 5.3% year over year in December.

FinQuery’s unified platform for contract and spend intelligence enables companies to manage, account, optimize, budget and forecast these major areas of spend.

Despite the AICPA’s extensive efforts, in coordination with many other stakeholders, to inform small businesses of their new obligations concerning BOI reporting, many remain broadly unaware of their reporting requirement.

The IRS listed several red flags of a questionable employee retention credit claim to help businesses resolve incorrect submissions.

The Xero Global Partner status recognizes global agreements with large accounting firms, networks or associations and supports deeper utilization of Xero globally.

My co-presenter for The Accounting Technology Lab, Brian Tankersley, and I noted a variety of AI concepts at each event. While AI integration and models are immature, the few benefits being delivered are real. Continue to look for new product features that include AI technology in 2024, but buyers should continue to be cautious.