Your business accounting system can do more than just keep track of your money inflows and outflows. It can help increase your profits by eliminating waste and money lost due to missing deadlines.
Forensic accounting has taken an important role in both private and public companies since the birth of the 21st century. The failure of some formerly prominent public companies such as Enron and Tyco ...
The IRS has issued new guidance on automatic accounting method changes. Revenue Procedure 2009-39 provides certain additions, modifications and clarifications to Revenue Procedures 2008-52 and 97-27 ...
“There are a variety of use cases for AI in accounting,” Joynt said. “According to Deloitte’s Finance Trends 2026 report, 63% ...
The American Institute of CPAs has recommended to the IRS that taxpayers making an accounting method change for mischaracterized research and experimental expenditures under Code Section 174 should ...
The IRS has provided procedures (Rev. Proc. 2018-60) under which a taxpayer may obtain automatic consent to change a method of accounting to comply with Sec. 451(b), as amended by the law known as the ...
The American Institute of CPAs has sent a letter to the Internal Revenue Service with three recommendations on the accounting method change procedures for business taxpayers. Processing Content A 2015 ...
In a prior article, I wrote about the appeal of counting the Federal Government as a customer, because of the size of the government’s budget, as well as its creditworthiness. In that article, I ...
February 24, 2005 TORONTO, Ontario - In late February, Alarmforce Industries announced it restated its financial statements for the first three quarters of the year that ended Oct. 31, 2004, and the ...
The town of Wallkill's accounting department needs to formalize its policies and procedures and do a better job separating job duties to reduce financial risks. Those are just a few of the findings of ...
Upon acceptance of federal agreements the University becomes directly responsible for and accountable for all government property in accordance with the provisions of these agreements. The ...