Remove Auditing Remove Corporation Tax Remove Financial Accounting
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Inside GASB's far-reaching agenda

Accounting Today

Some examples include a statement of net position, a note disclosure on significant accounting policies, and management discussion and analysis. GASB has formed a Voluntary Digital Financial Reporting Taxonomy Consultative Group to provide advice from a group of experts. Audit firms tend to want to focus on other sectors."

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Financial vs Tax Accounting

SMB Accounting and Consulting

Tax accounting applies to individuals, businesses, and corporations. Tax accountants must use the Internal Revenue Code (IRC) to provide accurate tax returns. Financial accounting is a branch of accounting that involves a process of recording, summarizing, and reporting transactions from a business.

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