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Day: March 23, 2023

NYT Accounting News

Companies make progress on lease accounting

March 23, 2023
<![CDATA[ Slowly but surely, more private businesses are adopting the new standard as they face demands to put their operating leases on their balance sheets. ]]>
AICPA News

FASB issues proposed changes to cryptoasset accounting, disclosure

March 23, 2023
FASB is seeking comments on a proposed Accounting Standards Update that is intended to improve the accounting for and disclosure of certain cryptoassets.
NYT Accounting News

Accountants encouraged by proposed NFT rules

March 23, 2023
<![CDATA[ The IRS proposed new rules on non-fungible tokens this week, and accounting professionals in the space see the agency starting to get serious about these assets. ]]>
NYT Accounting News

Tax Fraud Blotter: Living the scheme

March 23, 2023
<![CDATA[ Final salute; Patriot game; books by their covers; and other highlights of recent tax cases. ]]>
NYT Accounting News

Why artificial intelligence will improve accounting

March 23, 2023
<![CDATA[ Does AI pose a menacing threat by replacing talented people with opaque processes and questionable reliability? ]]>
NYT Accounting News

IRS investigators uncover billions in COVID tax fraud

March 23, 2023
<![CDATA[ The service’s Criminal Investigation unit investigated 975 tax and money laundering cases related to COVID-19 with fraud totaling $3.2 billion. ]]>
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  • Debra S. Pitschman, CPA
  • Gil Davis, CPA/PFS
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