Financial Reporting

 IASB Issues Interim Standard on Rate-Regulated Activities

January 30, 2014 

IASB Issues Interim Standard on Rate-Regulated Activities

The International Accounting Standards Board (IASB) today issued an interim Standard, IFRS 14 Regulatory Deferral Accounts. The aim of this interim Standard is to enhance the comparability of financial reporting by entities that are engaged in rate-regulated activities.

 The New Controller Checklist

January 27, 2014 

The New Controller Checklist

Anyone who has been hired into the controller position for the first time may feel overwhelmed, since the job description involves an enormous range of responsibilities.

Bethany O'Hoyt

 Deadline for Forms W-2 and 1099 is on Friday, Jan. 31

January 27, 2014 

Deadline for Forms W-2 and 1099 is on Friday, Jan. 31

Those who paid regular employees or used a contractor for more than $600 in work have until Jan. 31, 2014, to provide the appropriate wage and income reporting form – a W-2 or 1099-MISC – to all recipients. For those who procrastinate, sorting through the various IRS reporting requirements at the last minute can make…

 New Print Edition of FASB Accounting Standards Codification Available

January 21, 2014 

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.

 New App Helps Small Businesses with Analytics

December 30, 2013 

New App Helps Small Businesses with Analytics

Manage Dragonfly Small Business has today released an application for use on Apple iOS 7 mobile devices called Small Business Analytics. The mobile app gives small business managers the ability to quickly examine a handful of key expenses and to consider choices that could lead to improved profitability.Your Small Business Expenses