The Governmental Accounting Standards Board added several items to its research agenda, but decided against adding a project on cybersecurity disclosures.
Category: NYT Accounting News
How CFOs can defuse the time bomb of PTO liabilities
The majority of employees don’t use all the paid time off available to them, so many companies are steadily accumulating a huge line item on their balance sheets.
Intuit launches QuickBooks Workforce for HCM, payroll
Intuit has expanded further into payroll, time tracking, benefits, onboarding and other human capital needs through its new solution, QuickBooks Workforce.
Employers added 115K jobs in April, including 1.2K in accounting
The U.S. Bureau of Labor Statistics report surpassed economists’ expectations, as the unemployment rate remained unchanged at 4.3%.
Tech news: Digits announces Schedules for accrual accounting workflows
Plus, Suralink introduces Workpaper Suite Intelligence; Xero announces Xero Coaches; and other news and updates from the accounting tech world.
Tax Fraud Blotter: The Divine Miss W
Financial conquest; getting plastered; Bill of Information; and other highlights of recent tax cases.
SEC, FASB prepare for semi-annual reporting option
Officials discussed the SEC’s proposal for a semi-annual reporting option along with new accounting standards at a Baruch College conference.
4 steps to integrate AI into your operations
To begin your AI journey, here is a four-step plan that firms can use to transition from experimentation to execution, in a safe, practical manner.
NY announces $268B budget deal including second-home tax
Governor Kathy Hochul and state lawmakers settled on a pied-à-terre levy aimed at high earners who don’t call the city home.
KLR adds Restaurant Accounting Solutions
The Top 100 Firm acquired Massachusetts-based Restaurant Accounting Solutions, strengthening its expertise in the restaurant industry.