KPMG research has found gen AI has a 3-17% EBITDA impact, but this is no reason to replace human accountants.
Day: November 25, 2024
IRS plans National Tax Security Awareness Week
The Internal Revenue Service and its partners in the public and private sectors are planning to highlight the importance of cybersecurity next week.
IRS extends R&D tax credit transition period
The Internal Revenue Service is extending the transition period for revising claims for the research and development tax credit through Jan. 10, 2026.
GASB proposes standard on subsequent events
The Governmental Accounting Standards Board issued an exposure draft on how to account for transactions that occur after the date of the financial statements.
FASB reviews impact of revenue recognition standard
The Financial Accounting Standards Board released a post-implementation review of its rev rec standard a decade after its implementation.
GASB issues two exposure drafts for comment
The Governmental Accounting Standards Board aims to bring clarity to the financial reporting of subsequent events and to a variety of topics in its implementation guide.
Managing change: 3 strategies to avoid a tech transformation tailspin
With about two in three transformations failing, a leader navigating three transformations at one time explains how she plans to avoid becoming a statistic.
Answering common questions about HSAs and Medicare enrollment
Clients often get confused about how enrollment in Medicare affects their eligibility to contribute to a health savings account and what to do if they erroneously made HSA contributions after their eligibility ceased.