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Inside GASB's far-reaching agenda

Accounting Today

In late 2023, GASB issued Statement 102 , "Certain Risk Disclosures," requiring state and local governments to provide financial statement users with information about specific risks when circumstances make a government vulnerable to a heightened possibility of loss or harm. That is effective for 2025 financial statements."

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The state of the 'Big Beautiful Bill' and more

Accounting Today

As youve probably heard, theres a lot going on on the tax front in Washington, D.C., Its got a host of tax provisions and some other provisions that could affect their profession in it as well. But were just going to really talk about the tax provisions right now that affect that. All rights reserved. as we record this.

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Online Accountants Forums: The 14 Best

Future Firm

Accounting forums are digital communities usually populated by firm owners, CPAs, tax specialists, and other financial experts. All kinds of accounting topics, from taxes to software recommendations and business strategies can be discussed. This forum has been around since 2008 and still has decent web traffic.

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Tax Day is July 15. Still

Cloud Accounting Podcast

I've got follow up on Wirecard, the Ernst & Young audit that apparently did not detect $2 billion in money that was missing. David Leary: [00:04:18] I've got some Wirecard, as well. Blake Oliver: [00:04:19] IRS news, appropriate for Tax Day coming up. Let's talk about Tax Day. 2 Was Key to the Firm’s Rapid Rise. . -

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Will $2T Stimulus Pay for Accountants’ Self Hair Cuts

Cloud Accounting Podcast

Under 30-minute set-up template - you've got a three-way financial statement forecast for the next 12 months. The last time the IRS sent stimulus checks, in 2008 and 2009, it took more than two months to get the money in the mail. I guess it's through payroll tax credits. Mnuchin is saying three weeks.

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Why ScaleFactor Failed, According to Employees (It Wasn't COVID-19)

Cloud Accounting Podcast

The White House is still proposing this ridiculous plan that apparently nobody cares about other than them, which is the payroll tax cut. David Leary: [00:10:10] I think I saw an article here on PYMNTS.com that the GOP and the White House have agreed on a plan now. So, the White House is kinda. People are getting tired of it.

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What Intuit, Xero, and Sage Earnings Say about Cloud Accounting

Cloud Accounting Podcast

Paycheck Protection Program, CARES Act, unemployment insurance, furloughs, layoffs, cash flow, CDC guidance, employee safety, paid leave, tax credits - tracking all of the constantly changing COVID-19-related information for your clients is getting overwhelming. They just wait longer and longer and longer in the tax season.

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