The issuance of a new standard in October 2014 has resulted in questions to the AICPA Center for Plain English Accounting (CPEA) regarding whether an accountant who performs bookkeeping services for ...

The regulatory environment is pretending to be more and more stringent, bringing issues of compliance to the fore. The Sarbanes-Oxley Act, GAAP (Generally Accepted Accounting Principles), and some ...

Accountants in public practice who prepare financial statements for clients will find significant changes in new standards for accounting and review services that were issued in October. Statement on ...

Financial statements provide managers, shareholders and potential investors with the information they need to determine the financial health of an organization. The preparation of financial statements ...

Business decisions are often driven by data, so the accuracy and reliability of financial statements are paramount. One misstep in financial reporting can have far-reaching consequences, eroding ...

If you operate a small business, creating an accounting worksheet prior to the preparation of financial statements can ensure that all accounts presented in the statements are accurate. A worksheet ...

Financial statements are written records of a business’s financial situation. They include standard reports like the balance sheet, income or profit and loss statements, and cash flow statement. They ...

A meeting of the Employees’ Provident Fund Organization has decided to hire two Chartered Accountant firms for the preparation of Annual Financial Statements of the EPFO, and to facilitate the ...

The acquisition, completed by Michpal Micro Computers, a wholly owned subsidiary of Formula Systems, enables Michpal to expand its operations in the field Financial Accounting, Taxation and Compliance ...

It's officially tax season, and while you technically have until April 15 to file your tax returns, the time is now to hone your strategy. Will you DIY your return or go to a tax professional? Or, ...