Public finance

Recent data says that companies spent significantly more on software over the past year, with finance departments' spending in particular seeing major spikes.

Shrinking revenues make it harder for the Treasury to stay within the federal debt limit, which the department hit in January.

Plus Quadient launches AI-based cash application module; Metapraxis launches budgeting platform; and other accounting tech news.

The Treasury Secretary defended the extra investment in the IRS, arguing it is already paying off and that taxpayers are getting "drastically improved customer service this year."

An important factor in building and maintaining a profitable business is using an accurate budget.

Financial forecasting plays a pivotal role in the success of a business. That's why it's important to avoid missteps in creating this vital report.

While there are pension accounting standards, they allow plans to make more aggressive assumptions about how well they're funded than in the private sector.

A new report lays out how finance professionals can implement green budgeting for a more sustainable future in the public sector.

A recent study has found that, in terms of return on investment on technology, most say there's room for improvement.

Technology adoption decisions almost automatically create a Catch-22 situation, as both maintaining and breaking the status quo carry costs by aggrieved parties.

Nonprofit organizations are dealing with shortages in both their funds and staffing levels as the impact of the lingering pandemic and surging inflation continues to weigh on donors.

With inflation reaching a 40-year high, consumers are feeling its cascading effects, and internal auditors should probably start keeping tabs on inflation risks as well.

These are critical tools for the accounting firms of the future, and the services they want to bring to clients.

Accounting gimmicks may be needed to keep the federal government from defaulting.

The administration is looking for big money from a higher corporate tax rate and better IRS enforcement.

There's a lot more to think about than just organizing their financial reports and getting their bills paid.

Given the turbulence of the past year, agility should be at the forefront of our minds when building a budget and strategy for 2021.

The better planned the job is, the better organized it is and the better it gets done.

The proposal involves how to define the criteria for the component units in pension plans and deferred compensation plans for state and local government employees.

The number of countries reporting their financial positions on an accrual basis is expected to increase from 37 to 98 by 2023, according to a new report.