When a business wants to financially thrive and retain or improve its position in the marketplace, its owner or management team develops sound accounting policies and procedures. Even small businesses ...

If you are like most owners of middle market companies, you see your cash flow and you ask yourself how you might lower your income tax bill. And, if you are like most owners of middle market ...

All equipment acquired or controlled by the University will be subject to the General Property Accounting Procedures. In addition to the General Property Accounting Procedures, the Property Accounting ...

While significant accounting processes memos don't have the story line of your favorite novel, they do provide control over your company's financial reporting. Documentation of significant accounting ...

Troubled mortgage financer Fannie Mae has announced that former Credit Suisse First Boston executive Eric Schuppenhauer will join the company as senior vice president of accounting policy. "We ...

Public companies’ required implementation of FASB’s new lease accounting standard in 2019 means that financial statement auditors need to be prepared to make new judgments. Although the private ...

Despite three dividend cuts in recent years, more dividend cuts are inevitable, in my opinion, due to negative operating cash flow and cash Distributable Earnings not covering the dividend. Recent ...

Congress passed programs to provide financial assistance to companies during the COVID-19 pandemic, including the employee retention credit (ERC). The ERC provides eligible employers with credits per ...

The OIG has commissioned independent accounting reports on drug control policy and performance accounting for CBP, ICE and the Coast Guard. Each year, National Drug Control Program agencies are ...

ChatGPT, the artificial intelligence-based tool that has taken the world by storm, shared that a "bug may have caused the unintentional visibility of payment-related information." As a result, the ...

Members of Congress are trying to delete the controversial U.S. Securities and Exchange Commission accounting bulletin that implies restrictions on companies that want to hold their customer's crypto ...

Applying New Jersey law, the United States District Court for the Southern District of Florida has held that an insurer had no duty to defend or indemnify an insured’s subsidiary because the auditing ...