Accounting Today

MARCH 22, 2024

The Financial Accounting Standards Board decided to pursue targeted improvements to its rules for accounting for and disclosing software costs, instead of a single overarching model.

Accounting 259

Accounting Accounting Financial Accounting 259

Accounting Today

DECEMBER 13, 2023

The Financial Accounting Standards Board released its long-awaited accounting standards update to improve the accounting for and disclosure of certain cryptoassets.

Financial Accounting 314

Financial Accounting Accounting Accounting 314

Accounting Today

DECEMBER 28, 2023

The Financial Accounting Standards Board has decided not to add several projects to its technical agenda, including one on commodities, despite requests.

Financial Accounting 288

Financial Accounting Accounting Accounting Financial Reporting 288

Accounting Today

DECEMBER 14, 2023

The Financial Accounting Standards Board issued an accounting standards update Thursday aimed at improving income tax disclosures from companies.

Tax 294

Tax Financial Accounting Accounting Accounting 294

Accounting Today

FEBRUARY 29, 2024

The Financial Accounting Council is reviewing the effectiveness of the Private Company Council, the group that advises the Financial Accounting Standards Board about the perspective of privately held companies.

Financial Accounting 159

Financial Accounting Accounting Accounting 159

Accounting Today

JANUARY 23, 2024

The Financial Accounting Foundation has overhauled the website for the Financial Accounting Standards Board, with new websites in the works for the Governmental Accounting Standards Board and the FAF itself in the weeks ahead.

Financial Accounting 177

Financial Accounting Accounting Accounting 177

Accounting Today

SEPTEMBER 6, 2023

The Financial Accounting Standards Board voted to adopt its eagerly awaited standard for cryptocurrency like Bitcoin held by companies.

Financial Accounting 349

Financial Accounting Accounting Accounting Financial Reporting 349

Accounting Today

AUGUST 30, 2023

The Financial Accounting Standards Board voted to require companies to tell the public more about the taxes they pay, starting as early as 2025.

Tax 344

Tax Financial Accounting Accounting Accounting 344

Accounting Today

OCTOBER 10, 2023

The Financial Accounting Standards Board is incorporating some of the Securities and Exchange Commission's disclosure requirements into its Accounting Standards Codification.

Financial Accounting 293

Financial Accounting Accounting Accounting Financial Reporting 293

Accounting Today

AUGUST 30, 2023

The Financial Accounting Standards Board released another chapter of its conceptual framework related to the recognition and derecognition of an item in financial statements.

Financial Statements 293

Financial Statements Financial Accounting Accounting Accounting 293

Accounting Today

SEPTEMBER 5, 2023

Miguel Gutierrez argues he had nothing to do with the attempt to manipulate the retailer's financial accounts that led to a massive accounting scandal.

Financial Accounting 159

Financial Accounting Accounting Accounting 159

Accounting Today

JULY 26, 2023

Apart from a raid by India's financial crime-fighting agency, the tutoring startup failed to file its financial accounts on time, and U.S. investors accuse it of hiding half a billion dollars.

Financial Reporting 130

Financial Reporting Financial Accounting Accounting Accounting 130

Accounting Today

JULY 28, 2023

The Financial Accounting Foundation is looking for candidates to join the council that advises FASB.

Financial Accounting 130

Financial Accounting Accounting Accounting 130

Accounting Tools

SEPTEMBER 8, 2023

Related Courses Accountants' Guidebook Bookkeeping Guidebook New Controller Guidebook Most accounting tasks can be divided into financial accounting and managerial accounting. There are a number of differences between financial and managerial accounting, which are noted below.

Financial Statements 76

Financial Statements Accounting Accounting Accruals 76

CloudZero

OCTOBER 17, 2023

Capital One offers a variety of financial products, such as credit cards, financial accounts, and auto financing. Now, Capital One might appear as a leading financial institution.

Financial Services 69

Financial Services Financial Accounting Accounting Accounting 69

Sage Intacct

MAY 24, 2022

ASC 606/IFRS 15, Revenue from Contracts with Customers, was the new revenue recognition standard issued by The Financial Accounting Standards Board (FASB). This standard affects all businesses, including public, private, and nonprofit entities, which use contracts with customers to transfer goods or services.

Financial Accounting 115

Financial Accounting Accounting Accounting 115

SMB Accounting and Consulting

MARCH 8, 2023

Some responsibilities of tax accountants include: Preparing federal and state income taxes Calculating and filing property taxes, sales taxes, and licenses Preparing and filing 1099 forms Assisting with tax audits or legal disputes The second type of accounting is financial accounting.

Tax 52

Tax Corporation Tax Accounting Accounting 52

Accounting Tools

SEPTEMBER 10, 2023

Related Courses GAAP Guidebook International Accounting What are FASB Pronouncements? FASB pronouncements are the various issuances of the Financial Accounting Standards Board. The pronouncements are part of the accounting framework known as generally accepted accounting principles.

Financial Accounting 40

Financial Accounting Accounting Accounting 40

Accounting Tools

JUNE 20, 2023

Accountants tend to specialize in one of these fields, which leads to the different career tracks noted below. Financial Accounting Those in the financial accounting field are concerned with the aggregation of financial information into external reports.

Accounting 75

Accounting Accounting Financial Statements Auditing 75

oAppsNet

APRIL 16, 2024

By automating cash management processes, you can save time, reduce errors, and gain better insights into your financial health. Cash app automation allows you to automatically sync your bank accounts, credit cards, and other financial accounts, providing real-time updates on your cash inflows and outflows.

Data Entry 52

Data Entry Budgeting Financial Accounting Financial Records 52

Accounting Tools

OCTOBER 14, 2023

Once a statement of position is issued, the Financial Accounting Standards Board ( FASB ) may incorporate some elements of it in the FASB's formulation of new accounting standards. Related Articles FASB Interpretations FASB Pronouncements Statements of Financial Accounting Concepts Statements of Financial Accounting Standards

Auditing 40

Auditing Financial Accounting Accounting Accounting 40

Accounting Tools

SEPTEMBER 10, 2023

Related Courses GAAP Guidebook International Accounting What is a FASB Interpretation? A FASB Interpretation is an official issuance of the Financial Accounting Standards Board (FASB). An interpretation is considered to be part of generally accepted accounting principles.

Financial Accounting 40

Financial Accounting Accounting Accounting 40

Accounting Tools

MARCH 27, 2023

None of these tools are used by financial accountants, who are more concerned with the production of financial statements. Cost Accounting vs. Financial Accounting Cost accounting is a source of information for the financial statements, especially in regard to the valuation of inventory.

Cost Accounting 75

Cost Accounting Accounting Accounting Financial Statements 75

Accounting Tools

AUGUST 4, 2023

Related Courses Bookkeeping Guidebook CFO Guidebook New Controller Guidebook There are several types of functions fulfilled by the accounting department within a business. These accounting functions are noted below.

Accounting 75

Accounting Accounting Financial Statements Auditing 75

Accounting Tools

JANUARY 11, 2024

Accounting interpretations have been issued by the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB).

Accounting 40

Accounting Accounting Financial Accounting 40

Accounting Tools

DECEMBER 19, 2023

The information in the general ledger is used to derive financial statements , and may also be the source of some information used for internal management reports. Reporting The reporting aspects of accountancy are considerable, and so have been divided into smaller areas of specialization, which are noted below.

General Ledger 75

General Ledger Accounting Accounting Financial Statements 75

Accounting Tools

AUGUST 27, 2023

Related Articles Basic Accounting Concepts Debits and Credits Double Entry Accounting Financial Accounting Basics The Steps in the Accounting Process

Financial Accounting 75

Financial Accounting Accounting Accounting 75

Xero

APRIL 16, 2023

Available in Australia and New Zealand, NetNada automates carbon accounting and reporting tasks, provides accurate measurements of your carbon footprint, and creates detailed sustainability reports with advice on what to do next. Evalue8 Sustainability. CarbonInvoice.

XERO 268

XERO Collections Auditing Invoicing 268

Accounting Tools

APRIL 4, 2023

The other type of accounting is financial accounting , which is concerned with the proper recordation and reporting of accounting transactions to be in compliance with the applicable accounting framework (such as Generally Accepted Accounting Principles or International Financial Reporting Standards ).

Accounting 75

Accounting Accounting Financial Statements Financial Reporting 75

Outsourced Bookeeping

SEPTEMBER 13, 2023

We do not limit our services to accounts payable outsourcing, but also provide accurate accounts receivable management services to all businesses as per their existing financial positions and larger expectations out of business. Reduced Costs: Our outsourced bookkeeping services are 100% cost-effective and reasonable.

Accounts Payable 52

Accounts Payable Accounts Payable Outsourced Bookkeeping Bookkeeping Services 52

Tipalti

APRIL 28, 2023

The accounting equation is the foundation of financial accounting. Learn how to use this formula to balance your books and understand your business's financial health.

Accounting 52

Accounting Accounting Financial Accounting Financial Operations 52

FinOps Foundation

JANUARY 24, 2024

The TAC has now approved a new definition, reflective of that feedback from the community: “FinOps is an operational framework and cultural practice which maximizes the business value of cloud, enables timely data-driven decision making, and creates financial accountability through collaboration between engineering, finance, and business teams.”

FinOps 130

FinOps FinOps Cloud FinOps Computation 130

FinOps Foundation

JANUARY 24, 2024

The TAC has now approved a new definition, reflective of that feedback from the community: “FinOps is an operational framework and cultural practice which maximizes the business value of cloud, enables timely data-driven decision making, and creates financial accountability through collaboration between engineering, finance, and business teams.”

FinOps 130

FinOps FinOps Cloud FinOps Computation 130

Cloud Accounting Podcast

MARCH 6, 2024

Get CPE for listening to podcasts with Earmark: [link] Subscribe to the Earmark Podcast: [link] Get in Touch Thanks for listening and the great reviews! (55:41) Get CPE for listening to podcasts with Earmark: [link] Subscribe to the Earmark Podcast: [link] Get in Touch Thanks for listening and the great reviews!

Tax 65

Tax XERO QuickBooks Small Business Accounting 65

FinOps Foundation

JANUARY 24, 2024

The TAC has now approved a new definition, reflective of that feedback from the community: FinOps is an operational framework and cultural practice which maximizes the business value of cloud, enables timely data-driven decision making, and creates financial accountability through collaboration between engineering, finance, and business teams.

Cloud FinOps 130

Cloud FinOps FinOps FinOps Computation 130

Accounting Tools

SEPTEMBER 7, 2023

It is primarily used in financial accounting , as part of the process of compiling the financial statements. The cost of goods manufactured schedule is used to calculate the cost of all items produced during a reporting period. The total derived from this schedule is then used to calculate the cost of goods sold.

Financial Statements 75

Financial Statements Cost Accounting Auditing Financial Accounting 75

Accounting Tools

FEBRUARY 26, 2024

The general ledger is used as the main source of information by financial accountants when they are investigating accounts. Thus, the general ledger may be several hundred pages long, while the trial balance covers only a few pages.

General Ledger 75

General Ledger Bookkeeping Financial Statements Auditing 75