Financial Reporting July 31, 2025
In Absence of Certainty, CFOs Turn to Technology
Finance leaders can make progress toward maximizing visibility and minimizing spend by quickly adopting emerging technologies, including AI and automation.
Accounting June 4, 2024
GASB Concludes Pension Standards Achieved Objectives
A post-implementation review of GASB 67 and GASB 68 found that the two standards, approved in 2012, met their goals.
Accounting May 30, 2024
Jury Finds Donald Trump Guilty of 34 Felony Charges in Hush Money Business Finance Case
A New York jury has found former President Donald J. Trump guilty of 34 counts of falsifying business expenses. The jurors had deliberated for about 10 hours over two days, after several weeks of trial in the Manhattan court of Judge Juan Merchan.
Financial Reporting May 28, 2024
GASB Issues Guidance to Improve Components of Government Financial Reports
GASB Statement No. 103, Financial Reporting Model Improvements, builds on Statement 34 by providing key targeted improvements to the financial reporting model.
Financial Reporting April 22, 2024
Survey Shows Divide Among Finance Pros When it Comes to the Future of Finance
60% of accounting and finance professionals surveyed say they identify as finance business partners, and 84% of those are extremely optimistic about the future of the profession.
Financial Reporting April 20, 2024
Uncat Launches Uncat Receipts for Expense Management
Clients can submit receipts via web, email, or text message, providing flexibility and convenience.
Accounting April 8, 2024
CPA Societies Concerned by Push to Implement BOI Reporting
The AICPA and state CPA societies are urging FinCEN to suspend all enforcement actions until one year after the conclusion of all court cases related to NSBA v. Yellen.
Financial Reporting March 27, 2024
First Invoice Sent and Received Over the U.S. Digital Business Networks Alliance Open Exchange Network
The transaction was executed from Avalara's E-Invoicing and Live Reporting solution leveraging the DBNAlliance Exchange Framework for message transfer, process descriptions, and document content exchange.
Financial Reporting March 27, 2024
Does Your Firm Have Trust Issues with its Data?
In the realm of financial reporting, data accuracy is crucial to regulatory compliance and complete visibility into business performance.
Financial Reporting March 27, 2024
FloQast Adds Advanced Reconciliation Management Automation Capabilities
Companies can now avoid the month-end rush and achieve greater reconciliation accuracy by minimizing manual matching and data gathering.
Financial Reporting March 25, 2024
2024 GAAP Taxonomy Approved By SEC
The SEC has accepted the taxonomies on GAAP financial reporting and SEC reporting, the FASB said on March 19.
Accounting March 21, 2024
New FASB Standard Clarifies Guidance on Profits Interest Awards
ASU helps companies determine whether these types of awards should be accounted for as share-based payment arrangements.
Accounting March 13, 2024
ADM Seeks to Reassure Investors Amid Accounting Probe
During an earnings call, the company's CEO said the internal problems have not torpedoed the overall financial picture.