Wolters Kluwer Tax & Accounting Experts Help 2019 AICPA Engage Conference Participants Prepare Their Firms for Imminent Change Speakers to address the impact of exponential technology change on the accounting profession (NEW YORK, NY, June 11, 2019) — Jim McGinnis, Executive Vice President and General Manager of Medium and Large Firm Segment at Wolters Kluwer […]

The SEC issued a Concept Release in December 2018 focused on interim reporting by US companies (the “Concept Release”.) Concept releases are issued to obtain input regarding the need for future rulemaking. Some concept releases lead to new or amended rules. Others do not. The SEC has raised questions about interim reporting at least twice in […]

Nummuspay creates a seamless checkout and payment system for customers. April 30, 2019 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. There’s a […]

The FASB is making a number of targeted changes to its new standard related to accounting for credit losses on financial instruments known as the Current Expected Credit Loss (CECL) model. CCH Accounting Research Manager has  published a new edition of A Closer Look that discusses the recently issued changes, two exposure drafts proposing additional […]

Entrepreneur and business school professor Chris Haroun will teach you everything from basic business accounting to complex financial modeling. March 24, 2019 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue […]

Private companies can ease the pain of implementing the new lease accounting standards by leveraging the lessons learned by public entities as they implemented the changes. The new FASB lease accounting standards are effective for private companies, including not-for-profit entities, for fiscal years beginning after December 15, 2019 (i.e., January 1, 2020, for a calendar year […]

The accounting software is an essential tool for small businesses everywhere. February 8, 2019 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. Boasting […]

If you hire a non-U.S. citizen who performs any work inside the United States, you’ll need to file a 1099. It is your responsibility to verify that the worker is indeed a non-U.S. citizen and performed all work outside the United States. For that purpose, in the future you might want to have that foreign worker […]

Here are the key reports to know about, including profit and loss statements, revenue by customer and more. December 28, 2018 5 min read This story originally appeared on Due When it comes to small business accounting, most people know that it is important to keep your records updated for taxes. However, there are many […]

Three experts share tips for getting the most out of your CPA. December 13, 2018 4 min read This story appears in the December 2018 issue of Entrepreneur. Subscribe » 1: Hire a Bookkeeper, Avoid a Disaster! From Barry Knepper, founder, The Franchise CPA Don’t try to manage your books yourself, sitting at home at 11 […]