Financial Planning

While much of our focus is on accounting technology specifically, the profession can be affected by technology from anywhere, and likely will in the future.

The movement to convert documents to machine-readable data that computer applications like spreadsheets can use is not new.

The Association of International Certified Professional Accountants rolled out an environmental, social and governance training program for accountants.

Corporate emissions reduction reporting is full of inconsistencies, and the lack of comparability of target disclosures continues to create challenges.

The Carbon Disclosure Project plans to incorporate the International Sustainability Standards Board's upcoming climate-related disclosure standards in its platform.

The goal is to sniff out "dishonest climate accounting and other actions designed to circumvent the need for deep decarbonization."

Taking the prize in annual installments over 29 years, rather than all upfront, dramatically increases the windfall. Lottery victors with seven-figure winnings can also reduce their tax bill.

As the United Nations convenes its COP27 climate change conference in Egypt, accountants are preparing for the advent of international sustainability standards.

With strong revenues and plenty of work to do, firms are putting off critical changes, says consultant Allan Koltin.

For some borrowers, the impact of the White House's student-debt forgiveness program may be influenced by the interpretation and implementation of tax law.