Accounting
FASB OKs two standards and delays insurance standard amid coronavirus
The meeting was the last in chairman Russell Golden’s term. Original Article Posted at : https://www.accountingtoday.com/news/fasb-oks-two-new-standards-and-delays-insurance-standard-due-to-coronavirus
Read MoreSports Betting Will Not Solve State Budget Crises
The coronavirus pandemic has left states and localities in dire straits financially and lawmakers are getting creative in their pursuit of new revenue sources. Sports betting is one such source. However, it is very unlikely that revenue from sports betting will have any meaningful impact on budget shortfalls. States legalizing sports betting in the hopes…
Read MoreBuilding opportunities for a more diverse accounting profession
If you are looking to make an impact, here are some ways to help others live better financial lives and organizations retain and promote people of color. Original Article Posted at : https://www.accountingtoday.com/opinion/building-opportunities-for-a-more-diverse-accounting-profession
Read MoreBanks take hard line against accountants seeking fees for PPP referrals
Accountants, as well as lawyers and consultants, who helped small businesses apply for emergency relief funds through the Paycheck Protection Program want to be compensated. Are they entitled to be? Original Article Posted at : https://www.americanbanker.com/news/banks-take-hard-line-against-accountants-seeking-fees-for-ppp-referrals
Read MoreWhat’s next? Financing alternatives to PPP
As applications for the second wave of PPP loans move into the final phase, many businesses will be asking: What do I do next if I don’t secure this loan? Original Article Posted at : https://www.accountingtoday.com/opinion/whats-next-financing-alternatives-for-ppp-loans
Read MoreProphix’s CPM software now integrates with Sage Construction and Real Estate
The software partnership aims to give contractors, developers and property managers visibility and control of their project financials to better manage resources, reduce margin fade and more accurately forecast cost and cash flows. Original Article Posted at : https://www.accountingtoday.com/news/prophixs-cpm-software-now-integrates-with-sage-construction-and-real-estate
Read MoreIf Trump Curbs New COVID-19 Aid To State and Local Governments, He Will Help Defund The Police
President Trump has taken a strong position against calls by some on the political left to “defund” police departments. At the same time, he continues…
Read MoreHow High Are Taxes on Recreational Marijuana in Your State?
As the public grows more supportive of recreational marijuana, states deciding to legalize it must figure out their approach toward taxing cannabis sales. Eleven states (Alaska, California, Colorado, Illinois, Maine, Michigan, Massachusetts, Nevada, Oregon, Vermont, and Washington) and the District of Columbia have legalized the use and possession of recreational marijuana, but only nine of these jurisdictions…
Read MoreSteinhoff pays for PwC to help South African police graft probe
Steinhoff International Holdings NV is paying for forensic auditors at PwC to help South African anti-corruption police investigate alleged financial wrongdoing that brought the retailer to the brink of collapse. Original Article Posted at : https://www.accountingtoday.com/articles/steinhoff-pays-for-pwc-to-help-south-african-police-graft-probe
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