Accounting June 28, 2025
Nominations Open for 2025 Innovation Awards
The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.
June 12, 2018
New Features Added to Integrated Audit Approach
During the AICPA Engage conference, Wolters Kluwer Tax & Accounting announced enhancements to the Integrated Audit Approach, leveraging auditor expertise to drive the overall audit process with enhancements to the client collaboration solutions and ...
June 11, 2018
Smart Spend Analysis is Easy When Finance and IT Work Together
When finance leaders collaborate more closely with IT, businesses can more proficiently identify the right user-friendly tools to save money, create efficiencies and improve overall spend analysis. And with the right solutions at hand, finance and IT ...
June 7, 2018
Adoption of Clawbacks Means Stronger Link Between Firm Performance and CFO Pay
The warning is that CFOs whose pay is substantially geared to firm performance, as it commonly is, will be impelled by the prospect of clawbacks to resist restatements of corporate reports that overstated earnings, a development that would pose a ...
June 7, 2018
Corporate Boards More Likely to Scrutinize Cybersecurity Effectiveness Than Regulators
As pressure to develop more effective corporate cybersecurity programs continues to mount, 62.7 percent of C-suite and other executives in a recent Deloitte poll expect board of director requests for reporting on cybersecurity program effectiveness to ...
June 7, 2018
Closer Collaboration: Smart Spend Analysis is Easy When Finance and IT Work Together
When finance leaders collaborate more closely with IT, businesses can more proficiently identify the right user-friendly tools to save money, create efficiencies and improve overall spend analysis. And with the right solutions at hand, finance and IT ...
June 6, 2018
AICPA Recognizes Top CPA Exam Performers
The American Institute of CPAS (AICPA) has announced the winners of the 2018 Elijah Watt Sells Award. The 2018 award was bestowed upon 58 CPA candidates who have obtained a cumulative average score above 95.50 across all four sections of the CPA ...
June 1, 2018
FEI & Deloitte Report – Blockchain For Financial Leaders: Opportunity vs. Reality
The research also investigates the transformative nature that blockchain may have, particularly with respect to how records are maintained, and assets are transferred between parties. Research participants also foresee expanding analytic capabilities ...
June 1, 2018
AICPA Issues SSARS 24 to Address International Reporting Issues in Compilations and Reviews
Of most significance, SSARS No. 24 will create a new AR-C section 100 in AICPA Professional Standards to provide requirements and guidance for a CPA engaged to perform a compilation or review when:
June 1, 2018
IFRS 17 is Coming: Wolters Kluwer Tax & Accounting Offers Webinars and eBook
On January 1, 2021 - IFRS 17 - one of the biggest changes to insurance accounting in more than 20 years, goes into effect. According to the International Accounting Standards Board, $13 trillion total assets of 450 listed insurers using International ...
May 25, 2018
IAASB Launches Survey to Identify Key Issues
The survey serves as an important tool to help identify key issues for consideration in developing its future strategy in the context of the IAASB’s broad strategic focus and the changing environment, and with the overriding objective of serving the ...
May 24, 2018
Dry-Docking: A Ship-Owner’s Accounting Dilemma
The accounting treatment for the dry-docking process has been debated for a long time may be because of the complications associated with the nature of the process. The debate mainly revolved around whether to capitalize the dry-docking costs or to ...
May 23, 2018
Why Compliance is a CPA’s Competitive Weapon for 2018
As economies, businesses, and people progress through innovation, so must accountants adapt to the evolving role of finance. The days of the one-dimensional CPA number cruncher are long gone. Accountants are increasingly expected to master areas ...