The Financial Accounting Standards Board posted a proposed accounting standards update Wednesday containing a set of targeted improvements to the FASB Accounting Standards Codification. Processing Content The proposed ASU is part of FASB’s continuing technical agenda project to make incremental improvements to U.S. GAAP by updating the Codification across a
Employees are working more hours per week at small businesses but are only seeing modest pay gains, according to a new report. Processing Content The Paychex Small Business Employment Watch, released Tuesday, indicated that weekly hours worked growth, at 0.07%, at employers with fewer than 50 employees, remained positive for the
The Financial Accounting Standards Board issued a proposed accounting standards update Tuesday aimed at clarifying how the current definition of cash equivalents applies to certain digital assets, such as stablecoins, and to increase transparency about the significant components of cash equivalents. Processing Content During an agenda consultation project last year
Kerper Bowron LLC, an actuarial, accounting, and insurance consulting firm based in Birmingham, Alabama, and Irish Trinity LLC have filed U.S. and international patent applications for what they call Kerper-Bowron Method — a way to forecast and account for liabilities for service contracts and manufacturer warranties. Processing Content Partners John
Choosing a college major was once largely guided by such metrics as personal interest, strong skill sets, family work history and scores on career aptitude tests. But for Gen Z, the advent of transformative new technologies — most prominently AI — is now often at the top of that list
The Mediterranean archipelago is a hot destination for U.S. companies seeking to shield profits from income taxes.
Sales are continuing to improve at small businesses, but cash flow remains under pressure, according to a new report. Processing Content Xero’s U.S. Small Business Insights report found that businesses are getting paid more reliably, but not more quickly. Although late payments improved during the June quarter, the small business
The Treasury Department’s Financial Crimes Enforcement Network issued an alert Friday about fraud schemes targeting student aid programs administered by the federal government, urging financial institutions to be on the lookout and report any suspicious activity. Processing Content FinCEN noted that some fraud rings use stolen and fraudulent identities, along
2026 has been one of the most challenging years yet for CFOs and their teams. From stubborn inflation risks and ongoing market unpredictability to supply chain disruptions, organizations are desperate to find ways to maximize every dollar as budgets constrict. In response, CFOs across the business spectrum are expected to
The International Sustainability Standards Board intends to issue an exposure draft of its nature-related disclosure proposals in October, to be used in conjunction with its existing standards for climate and environmental disclosures. Processing Content ISSB vice chair Sue Lloyd announced the plans Monday during an International Financial Reporting Standards Foundation