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Argentina may be in deep financial trouble, but its central bank is comfortably back in the black — thanks to a small accounting maneuver.February 18
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The new standard caused lease liabilities for the average company to skyrocket 1,475 percent, from $4.4 million to $68.9 million post transition.February 18
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The American Accounting Association will honor five "thought leaders from a breadth of practice and educational backgrounds" at the organization's annual meeting in Atlanta this August.February 14
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The White House’s latest budget blueprint proposes consolidating the functions and responsibilities of the Public Company Accounting Oversight Board into the Securities and Exchange Commission starting in 2022.February 13
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The International Federation of Accountants has released a set of recommendations for achieving high-quality audits as regulators around the world push for more thorough audits to avoid accounting scandals.February 12
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AI is the talk of the town these days, and its application to the tax and accounting profession means automating tasks that we are accustomed to billing for by the hour or form.February 12
Tax and accounting education leaderIntuit
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The new hedge accounting standard is encouraging more companies to re-evaluate their risk management, according to a new report from Deloitte.February 11
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The Accounting and Review Services Committee has issued a new standard as part of an effort to align its standards with both international standards and generally accepted auditing standards.February 11
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Financial revisions and restatements are indicators of audit quality, but they are far from the only ones.February 11
Executive directorCenter for Audit Quality
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The Massachusetts-based firm will bring accounting and finance services to the office supply company’s small-business customers.February 11
