FASB issued an Accounting Standards Update (ASU) that clarifies the application of the board’s new lease accounting standard to land...

The involving of AI among accounting and audit professionals is pushing accountants and auditors toward succeed or vice versa. Let’s...

Following PwC’s findings that risk of ATO's systems failure still looms large, The Institute of Public Accountants’ chief executive is...

The accounting professions will be in a dominant position with financial planning rather than financial planners. Why accountants favour...

Palm shed nearly 20 percent of its value in 2017, and was last up 0.9 percent at 2,609 ringgit on 5 January 2018. Malaysia will suspend...

The IRS acknowledged that there have been a number of changes for tax professionals and each of them is supposed to enhance the...

On Wednesday, FASB held a meeting in which it discussed the accounting implications of the new standard and committed to issuing staff...

New accounting standards, key audit matters, cyber security are some of the focus for audit committees in 2018. Find out more at:...

"Kevin San & Associates director Kevin San says partnering with bookkeeping firms was an opportunity that paid off for his firm in 2017"...

The history of accountancy have influence the duties of accountants nowadays. What are the fundamental changes that experienced on the...

Artifical Intelligence is reliable or not for accounting future? To know the news click the link below: http://www.ibtimes.co.uk/cfos-are...

We supposed to collect all the relevant papers to submit the income-tax saving proofs. Hence, what was the significant components of tax...

"Differences in the way audit firms assess materiality can lead not only to widely divergent thresholds being set but ultimately to...

Fraud hurts you and your organisation. Uphold your integrity in your accounting practice ! Click on the link below:...

" On December 7th Mario Draghi, president of the European Central Bank and head of the committee that approves global bank-capital...

“The accounting profession will change beyond recognition over the next 10 years". What's contributed to these changes and how do the...

"Independent and true and fair view" SEC had charged the auditing firm Anton & Chia with fraud. How the company reacts to this...

A series of inadequate financial accounting paradigm that has mesmerized many minds failed to perceive the myriad shortcomings in GAAP...

IFRS always upgrade their standard to make it standardize globally. Is it compatible in all aspect? Click the link to explore the issue:...

Accounting knowledge is endless. Identity Theft Tax Refund Fraud Information Sharing and Analysis Center (ISAC) New things that...