Great Accounting Software? Not so Great Usage?
Is your business underusing its accounting software? Someone might have once told you that human beings use only 10% of our brains. The implication is that we have vast, untapped…
Fair Value and Accounting. Now You Know.
What’s “fair value” in an accounting context? In recent years, the accounting rules for certain balance sheet items have transitioned from historical cost to fair value (FV). Examples of assets…
Complex Accounting Rules During COVID-19
Accounting Rules and How to Report COVID-19-related Debt Restructuring Today, many banks are working with struggling borrowers on loan modifications. As recent guidance from the Financial Accounting Standards Board (FASB)…
New Accounting Alternatives for Not-for-Profits
Nonprofits: New accounting alternatives for reporting goodwill and other intangibles Did you know that the Financial Accounting Standards Board (FASB) recently extended the simplified private-company accounting alternatives to not-for-profit organizations?…
Is your accounting software living up to the hype?
Accounting Software Trouble? Accounting software typically sells itself as much more than simple spreadsheet or ledger. The products tend to pride themselves on being comprehensive accounting information systems. And depending…