04/29/2024
Accounting graduate passes commando training
PETALING JAYA: Chan Ming Youn, 25, made history as the sole Chinese in his batch to successfully complete and pass the rigorous 12-week commando train...
more info
|
04/29/2024
How AI is transforming accounting
A recent survey from EY found that 90% of respondents already use at least some AI in their work, and other recent developments around the technology.
more info
|
04/29/2024
Court rejects request for accounting from attorney
A circuit court did not abuse its discretion when it dismissed a petition filed by the niece of a deceased woman who sought an accounting from the attorney who represented her aunt, the Court of Appeals of Virginia held.
more info
|
04/29/2024
AICPA white paper examines the future of accounting
A new white paper on redefining finance for a sustainable world was released last week by the Association of International Certified Professional Accountants (AICPA) and the Chartered Institute of Management Accountants (CIMA). © Shutterstock The white paper elaborates on the changes going on in accounting and finance, as the industry is moving away from traditional […]
more info
|
04/29/2024
Foxconn Adjusts Investment Plans and Updates Accounting Policy
Hon Hai Precision Industry Co., Ltd. (HNHPF) has released an update. Hon Hai Precision Industry Co., Ltd.’s subsidiary, Foxconn Industrial Internet Co., Ltd., has a...
more info
|
04/29/2024
IRS has new guidance for retirement accounts and farmers
Only 40% of farmers invest in qualified retirement accounts — or in other words, not farmland. But the IRS has a rule change that may make retirement accounts more favorable for farmers.
more info
|
04/29/2024
King Roso Gifts Baba Talisha 10 Lions on TikTok After Accounting for Brian Chira's Funeral Funds
Baba Talisha is over KSh 400,000 richer after he was gifted 10 lions on TikTok by King Roso. Baba T had gone live to account for the money used on Chira's funeral.
more info
|
04/28/2024
Sunday News Roundup 24.04.28: More capital gains, more audit powers, and more Canadian accounting news
Our weekly Canadian accounting news roundup includes more reporting on Liberal changes to capital gains, Canada Revenue Agency audit powers, and much more.
more info
|
04/28/2024
UB 'accountants' bring $307,000 back into the local community
BUFFALO — During the 2024 tax season, 97 IRS-certified accounting students from the University at Buffalo School of Management brought nearly $307,000 back into the Buffalo community through the Volunteer
more info
|
04/28/2024
UB 'accountants' bring $307,000 back into the local community
BUFFALO — During the 2024 tax season, 97 IRS-certified accounting students from the University at Buffalo School of Management brought nearly $307,000 back into the Buffalo community through the Volunteer
more info
|
04/28/2024
Cost accounting for tracing and measuring climate cost
Prof D Mukherjee Despite global concerns about global warming, research on efficient processes for identifying and measuring carbon management costs is lacking. This is crucial for strategic issues such as objectives, marketing, product development, pricing, international business, promotion, supply chain management, finance, and risk. An integrative approach to measuring carbon costs is essential for an organization’s strategy focus. Rising greenhouse gas concentrations are causing rapid global climate warming, necessitating precautionary measures. Governments, businesses, and consumers are affected, requiring incorporation of […]
more info
|
04/28/2024
MicroStrategy stands to flourish if it implements new accounting rules, analyst says
Adopting new accounting standards could be a game changer for MicroStrategy (NASDAQ:MSTR), the largest corporate holder of bitcoin (BTC-USD), Benchmark said in a recent note to clients. Such a move could significantly boost the software company’s earnings, giving it a shot at joining the S&P 500. Since the Michael Saylor-founded company started hol...
more info
|
04/28/2024
MicroStrategy stands to flourish if it implements new accounting rules, analyst says
MicroStrategy could see a significant boost in earnings and potential inclusion in the S&P 500 by adopting new accounting standards for its bitcoin...
more info
|
04/28/2024
Accounting watchdog quizzes Big Four on AI exam cheating
The Big Four auditors have been asked to explain what measures they are taking to prevent professionals from using ChatGPT and other AI tools to cheat on exams.
more info
|
04/28/2024
Accounting watchdog quizzes Big Four on AI exam cheating
The Big Four auditors have been asked to explain what measures they are taking to prevent professionals from using ChatGPT and other AI tools to cheat on exams. The Financial Reporting Council (FRC) has quizzed Britain’s biggest auditing firms and professional accountancy bodies amid fears that rule-breakers could use AI to cheat the system. The UK...
more info
|
04/28/2024
Accounting watchdog quizzes Big Four on AI exam cheating
Auditors asked to explain what measures they are taking to combat rule-breaking
more info
|
04/28/2024
"Doing more with less": NetSuite founder on AI — and why it might actually go a long way to helping boost traditional industries such as accounting
AI will let us do more with less, but how will that actually work?
more info
|
04/28/2024
Indian MNCs have to start accounting for global minimum tax liabilities
Indian multinational enterprises will have to start reviewing and accounting for any additional tax liability as per the global tax reform signed off by over 130 countries, including India.
more info
|
04/28/2024
Indian MNCs have to start accounting for global minimum tax liabilities
Indian multinational enterprises will have to start reviewing and accounting for any additional tax liability as per the global tax reform signed by over 130 countries including India.
more info
|
04/27/2024
NASBA chooses next president and CEO
Daniel Dustin, the current vice president of state board relations, will succeed Ken Bishop on Aug. 1.
more info
|
04/27/2024
Big improvement seen in senior center accounting
An accountant says Berrien County’s seven senior centers have made great strides in improving their accounting practices in the past nine years. CPA Linda Elie reported to the Berrien County Board of Commissioners Thursday she’s been working
more info
|
04/26/2024
Apple ID Accounts Logging Out Users and Requiring Password Reset
There are widespread reports of Apple users being locked out of their Apple ID overnight for no apparent reason, requiring a password reset before...
more info
|
04/26/2024
For financial reporting and accounting, is using generative AI worth the risk?
As organizations delve into this transformative technology, it’s important to consider all potential impacts and ensure that it’s used responsibly and effectively.
more info
|
04/26/2024
Bojangles sues its largest franchise group, accounting firm over use of proprietary information
The chicken chain claims its proprietary and confidential information has been wrongfully shared by its largest franchisee organization and an accounting firm.
more info
|
04/26/2024
FASB Private Company Council Meeting Recap
The Private Company Council (PCC) met on Thursday, April 18, 2024. This is a summary of topics discussed by PCC and FASB members at the meeting.
more info
|