04/25/2024
China beefing up statistics, accounting laws to stamp out ‘rampant’ fraud
China is reviewing amendments to laws governing statistics and accounting, with Beijing eager to clamp down on inflated or manipulated economic statistics and uphold rules in the world’s second-largest financial market.
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04/25/2024
Senators introduce bill to simplify IRS notices
Sen. Bill Cassidy, R-Louisiana, and Elizabeth Warren, D-Massachusetts, teamed up to introduce legislation aimed at making math error notices from the Internal Revenue Service easier to understand.
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04/25/2024
PIPCA Survey Sheds Light on What Existing CPAs Want and Why Some are Leaving
Accounting firm business models need to change to retain and attract CPAs amid the worst talent shortage in recent history, the Pennsylvania Institute of Certified Public Accountants (PICPA) asserts in a new survey. The report, “CPA Talent Retention 2024: Keeping Your Best Performers,” delves into why entry- and mid-level CPAs are exiting the profession and […]
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04/25/2024
Accounting Standard-Setters Name Two New Investor Panel Members
US accounting standard-setters on Thursday announced two new members of their investor advisory committee.
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04/25/2024
Accounting MOVE Project Mini Summit Promises Compelling Speakers and Timely Topics
This event is ideal for partners, firm administrators, HR professionals, and virtually anyone who works for an accounting firm and is interested in enhancing gender diversity and promoting equal opportunities and inclusive cultures.
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04/25/2024
Defense POW/MIA Accounting Agency director speaks at AFCLC seminar
Air University in Montgomery welcomed a very special guest to speak at the AFCLC seminar
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04/25/2024
MicroStrategy's Accounting Problem For Bitcoin Poses Profit Conundrum - Analyst Lays Out Answers
Benchmark analyst Mark Palmer reiterated MicroStrategy Inc NASDAQ:MSTR with a Buy and a $1875 price target.Since adopting its bitcoin acquisition strategy in August 2020, MicroStrategy has seen its share price increase by more than 10x, a performance that during that span significantly outpaced the…
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04/25/2024
MicroStrategy's Accounting Problem For Bitcoin Poses Profit Conundrum - Analyst Lays Out Answers
Analyst reaffirms Buy for MSTR with $1875 target. Company's bitcoin strategy led to 10x stock increase, but ASC 350 caused impairment losses.
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04/25/2024
Top 7 Reasons Why People Are Leaving Accounting Firms, According to PICPA
The Pennsylvania Institute of CPAs shares fresh data and insights on how accounting firms can better retain top talent.
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04/25/2024
This Week in B2B: Enterprise Metaverses, AI Accountants, Virtual Cards
B2B innovation continues to grow, including the advent of the artificial intelligence accountant and the increasing use of virtual cards.
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04/25/2024
Which generative AI model did best on the CPA Exam?
A recent experiment tested different generative AI models against each other on the CPA Exam and found they each have their own strengths and weaknesses.
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04/25/2024
The accountant’s guide to state taxes on retirement income
Explore state-specific retirement taxes, including 401(k) withdrawals, states that don't tax retirement income, and tax-friendly states for retirees.
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04/25/2024
Tax reporting transparency reaches a tipping point
Regulators, investors and the public are demanding ever greater tax transparency, and companies must navigate evolving, complex reporting requirements around the globe.
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04/25/2024
Backpack Battles hits 640k copies sold in first month, with China accounting for nearly half of total
Backpack Battles has become one of the surprise indie hits of 2024. In its first month, the inventory management auto battler reached an impressive milestone of 640k units sold on Steam.
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04/25/2024
FreshBooks to Add Latest Stripe Connect Features to Accounting Software
FreshBooks will add a payment solution with the latest Stripe Connect features to its accounting software for SMBs and accountants.
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04/25/2024
Global Rulemaker to Let Companies Determine Net Zero Disclosures
A global standard-setter decided Thursday to let companies decide on their own when they should report the cost of their commitments to achieve net zero carbon emissions, rather than introducing specific requirements.
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04/25/2024
What disclosures do the Fortune 500 put in their annual reports?
Companies are increasingly prioritizing cybersecurity, executive compensation clawbacks and more.
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04/25/2024
MicroStrategy could see $3 billion earnings boost if it adopts new accounting rules: Benchmark
MicroStrategy could boost its earnings by over $3 billion if it chooses to adopt new accounting rules, according to Benchmark.
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04/25/2024
Accounting Firm Renews Lease at Causeway Plaza
NEW ORLEANS — The Feil Organization, a national real estate investment firm, has announced that Kushner LaGraize has renewed its 17,000-square-foot space at
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04/25/2024
A holistic solution to accounting's retention problem
Firms must transform their business models to afford the cost of multilayered retention strategies, a new report by the Pennsylvania Institute of CPAs says.
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04/25/2024
Northern Trust Upgrades Cloud-Based Insurance Accounting and Analytics Application
CHICAGO, April 25, 2024--Northern Trust is enhancing investment accounting and regulatory reporting needs for U.S. insurance companies and corporate and endowment plans.
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04/25/2024
Bring in more CAS clients with SEO
Optimizing your presence online can maximize the reach of your client advisory services practice — and all your other practices, as well.
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04/25/2024
SAH announces Maira Mota as the agency’s new accounting technician
Mota, Maira
SubmittedOriginally from Texas and living in Salina for ov
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04/25/2024
MicroStrategy Could Merit S&P 500 Inclusion If It Adopts New Accounting Rules: Benchmark
MicroStrategy could boost earnings by over $3 billion if it chooses to adopt new standards, the report said. Benchmark said if the company reports positive earnings it meets the final condition for S&P 500 inclusion. This would boost MicroStrategy’s valuation as index funds would be forced to buy the stock, the broker said.
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04/25/2024
MicroStrategy Could Merit S&P 500 Inclusion If It Adopts New Accounting Rules: Benchmark
Early adoption of new accounting standards means the company could report a gain of more than $300 per share for the first quarter and meet the remaining requirement for index inclusion, the report said.
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