FASB issued a proposal Tuesday that is designed to improve three targeted areas of its lease accounting guidance.
The proposed amendments are designed to represent FASB's commitment to take timely action based on what the board learns during its post-implementation review process of major standards, FASB Chair Richard Jones said in a statement.
"In this case, it would address three areas brought to our attention by public company stakeholders from their experiences applying the leases standard," Jones said.
Not to change the topic here:
In the blogs: Illegal money | Accounting Today
The accounting technology journey: From paper to artificial intelligence | Accounting Today
While the "old way" may seem comfortable, over 50% of Accounts Payables and Finance departments are adapting and evolving with modern technology to digitally transform their data to make more informed and faster decisions. AP departments can yield positive outcomes in many areas toward cost savings, accuracy and productivity with AI technology.
FundCount Wins Best Client Accounting for Third Year in a Row at the WealthBriefing European
BOSTON , Oct. 21, 2020 /PRNewswire/ -- FundCount, LLC, a worldwide provider of accounting and investment analysis software, today announced that it was awarded the title of Best Client Accounting at the 8 th Annual WealthBriefing European Awards.
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According to the independent judging panel, their decision was influenced by FundCount's ability to provide "an integrated wealth management portfolio and partnership accounting system with a real-time general ledger embedded on a single platform." The judges also cited FundCount's Nested Entity Control Center, which facilitates inter-entity reconciliation and investment activity disbursement through different entities, as a contributing factor.
While you're here, how about this:
Accounting Technology Firm Ceterus Releases COVID-19 Dental Financial Impact Study
Charleston, SC, Oct. 21, 2020 (GLOBE NEWSWIRE) -- Accounting technology company Ceterus announces a comprehensive look into the financial implications of COVID-19 on dental practices with the release of their COVID-19 Dental Impact Study . The in-depth report offers a high-level view of financial performance in the dental industry and provides data-backed insights to help dental practices and their CPA firms better plan for the future.
Accounting Seed Releases Downloadable Accounting Basics Board Game | State | heraldmailmedia.com
Founder and CEO, Tony Zorc , explains why the company decided to create The Accounting Game. "Our mission is not only to provide the best accounting solution but also to educate our global community on accounting and finance as it is the foundation of every business. Our initial goal was to help Accounting Seed customers that don't have formal accounting training understand the basic concepts and processes behind their business' accounting, but it has grown to become so much more than that.
Accounting Operations Specialist — Shipwell | Built In Austin
Supply chains are disconnected, fragmented, and in the stone age. We believe the market has it wrong and we believe there is a better way. We can build the de facto platform and market network to connect, automate, and optimize the supply chains of the world. This is a multi trillion dollar opportunity. Today, Shipwell transforms your supply chain by combining digitized freight, real-time tracking, and an integrated partner network in one simple and responsive platform.
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Shipwell is a fast-paced, high-energy start-up that strives to build the future of shipping every day. Diversity of thought and cross-department collaboration is very important to us. We deliver open, honest, careful communication and work as hard as we play. We create & deliver solutions that are revolutionizing the industry, which brings excitement and purpose to our work.
Lockstep Connected Accounting Cloud Emerges From Stealth | State | omakchronicle.com
Lockstep replaces personal inboxes with the first-ever accounting inbox for accounts receivable (AR) and accounts payable (AP). Lockstep makes it easy to assign work, create workflows, divvy up work and track progress, all visible within a shared team workspace.
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