Hedge documentation is important in both financial reporting and income taxation.For financial accounting purposes, on the date of the hedge, an entity must identify the hedged item, the instrument ...

Here’s how to know whether accounting or taxation is the right next step for your career. When you’re ready to advance your career in accounting or taxation, there are different options for continuing ...

Experts warn startups that weak accounting and tax planning can hurt growth. CPAs say understanding cash flow, entity choice and new tax rules is essential.

Experts say startups that neglect accounting risk cash flow issues, tax pitfalls and missed deductions. CPAs outline key ...

Since the world of accounting first started taking shape, a lot has changed. But one thing remains constant: the accounting landscape is always evolving. With 2025 just around the corner, CPAs and ...

Taxation accounting encompasses the principles and practices governing the recognition, measurement, reporting and reconciliation of tax liabilities and assets across both corporate and public sectors ...

Tax and accounting firms are being pushed to produce more work with fewer people, while relying on tools built for a different era. Traditional workflow systems route tasks but still leave staff doing ...

Glass Jacobson will add tax and accounting specialties to the national RIA, which has been steadily expanding its expertise ...

The IRS issued proposed regulations (REG-132766-18) on July 30 related to simplified tax accounting rules for small businesses and updating various tax accounting regulations to adopt the simplified ...

Prepare for a career that extends far beyond traditional accounting. The flexible 10-course Master’s in Accounting program at Leeds—with four specialized electives of your choosing—offers an ...

Accounting for initial franchise fees is a pivotal area in franchise accounting as it directly impacts the franchisor’s earnings and cash flows. The initial franchise fee is a major component of a ...