Accounting
Accounting News & Professional Insight
Accounting Today delivers news, rankings, thought leadership, and analysis for accounting professionals so they can navigate change in standards, firm strategy, technology adoption, talent, and the overall business environment.
Accounting professionals are facing rapid transformation, including shifting professional standards, demographic change, technology disruption, practice consolidation, and changing expectations for advisory services. Our coverage surfaces these strategic dynamics and provides insights and analysis for firms, leaders, and the accounting profession.
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The median fraud loss per case in the ACFE study was $104,000, but the average loss per case was $1,457,000, while 20% had losses of more than $1 million.
May 12
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The idea of semi-annual reporting is a guaranteed self-inflicted disaster, like using a knife while gripping the blade instead of the handle, writes Paul Miller.
May 11
University of Colorado and Colorado Springs -
The Governmental Accounting Standards Board added several items to its research agenda, but decided against adding a project on cybersecurity disclosures.
May 8
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The majority of employees don't use all the paid time off available to them, so many companies are steadily accumulating a huge line item on their balance sheets.
May 8
PTO Exchange -
The U.S. Bureau of Labor Statistics report surpassed economists' expectations, as the unemployment rate remained unchanged at 4.3%.
May 8
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Plus, Suralink introduces Workpaper Suite Intelligence; Xero announces Xero Coaches; and other news and updates from the accounting tech world.
May 8
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Officials discussed the SEC's proposal for a semi-annual reporting option along with new accounting standards at a Baruch College conference.
May 7
