AccountantsWorld Daily News FASB proposes changes to grant and contribution accounting
(Journal of Accountancy) - Accounting guidance for contributions received and made, primarily by not-for-profits, would change under new rules FASB proposed Thursday.
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Tax pros doubt reforms this year
(Accounting Today) - Nearly three-quarters of tax, finance and business professionals are not confident that comprehensive tax reform will be passed in Congress in 2017, according to a recent Deloitte poll, while nearly half are doubtful about tax reformâs prospects.
Donât Take the Bait, Step 5: Prevent Remote Access Takeover Attacks
(IRS) - The Internal Revenue Service, state tax agencies and the tax industry today reminded tax professionals that their entire digital network could be at risk for remote takeover by cybercriminals. Such a takeover could lead to fraudulent tax filings and damage to their clients.
Kansas City wants a higher minimum wage. Missouri is blocking it.
(CNN) - Kansas City voters overwhelmingly approved a $10 minimum wage, but a Missouri state law will keep it from taking hold. The ballot measure would raise the minimum wage from $7.70 to $10 an hour in the city, followed by annual increases up to $15 in 2022.
When Your Big Customer Wants to Pay Late
(CFO) - Itâs the new normal: big companies are paying their bills late, later, and latest. When economic hard times hit in 2007â2008, CFOs and finance departments felt pressure to improve their organizationsâ working capital positions.
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FASB proposes changes to grant and contribution accounting Business News
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