Sunday, July 11, 2021

Accounting Practice Management Software Market Witnesses Significant Growth Between 2021 and 2026

The Business Intelligence Report for the Accounting Practice Management Software Market accumulates vast amounts of data on all aspects of adjusting the industry outlook over the 20XX-20XX analysis period.

The study also focuses on the company’s key challenges and provides insights into lucrative outlooks that will help the industry advance in uncharted territory. We will also better recognize the growth patterns of this industry, taking into account the impact of the COVID-19 pandemic.

Publisher: Illinois News Today
Date: 2021-07-11T15:07:49 00:00
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Coming soon: Accounting Standard for share-based payments for certain corporates - The Hindu

Will Mansukh Mandaviya's control over the health and chemicals and fertilizers ministries spell synergy or a ...

What do indices other than the Nifty and Sensex say about market direction? We take stock of the key levels to ...

Publisher: @businessline
Date: 2021-07-11T19:22:51 05:30
Author: KR Srivats
Twitter: @businessline
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IRS offers guidance on troubled pension plans | Accounting Today

The Internal Revenue Service posted new rules Friday for multiemployer qualified retirement plans that have run into funding problems and need extra financial help from the Pension Benefit Guaranty Corporation.

The notice offers guidance for multiemployer plans, and addresses three major areas pertaining to the reinstatement of previously suspended pension benefits, along with make-up payments, as a condition that eligible multiemployer plans must meet if they receive special financial assistance.

Publisher: Accounting Today
Date: 2021-07-09T19:35:16.992
Author: https www accountingtoday com author michael cohn
Twitter: @AccountingToday
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'PAC Chairman's allegations of accounting lapses not factual' - The Hindu

Officials of the Finance Department have negated the observations of Public Accounts Committee (PAC) Chairman and TDLP leader Payyavula Keshav on accounting lapses.

"The adjustments made among the PD accounts, rectification of the accounting unit of expenditure within the same Head of Account, reprocessing of failed payments, and adjustment of TDS recovered from the regular bills to the GSTIN were some of the other reasons," he said.

Publisher: The Hindu
Date: 2021-07-10T00:37:15 05:30
Author: Staff Reporter
Twitter: @The_Hindu
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ABA Urges Expansion, Simplification on FASB Hedge Accounting Proposal | ABA Banking Journal

The association also recommended that FASB eliminate the proposed "follow the asset approach" when hedged portfolio layers are "breached," leaving certain derivative instruments with no assets to hedge.

Publisher: ABA Banking Journal
Date: 2021-07-07T21:56:00 00:00
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KPMG expands ESG services | Accounting Today

KPMG has been increasing its efforts to provide environmental, social and governance services to clients through a new initiative called KPMG Impact.

The team will help clients improve their ESG performance while also carrying out KPMG's own ESG commitments. Last year, KPMG U.S.

Publisher: Accounting Today
Date: 2021-07-07T20:45:10.339
Author: https www accountingtoday com author michael cohn
Twitter: @AccountingToday
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Ally, Capital One Among Banks Backing New Hedge Accounting Plan

Banks including Ally Financial Inc., Capital One Financial Corp., and Wells Fargo & Co. support a U.S. accounting rulemaker proposal to help more financial institutions use specialized accounting to reduce swings in their earnings.

Twitter: @BLaw
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Newly merged Value Reporting Foundation moves forward on standards | Accounting Today

The Value Reporting Foundation, formed by last month's merger of the Sustainability Accounting Standards Board with the International Integrated Reporting Council, is advancing development of environmental, social and governance standards as financial regulators press for improved ESG reporting.

Publisher: Accounting Today
Date: 2021-07-08T21:45:11.956
Author: https www accountingtoday com author michael cohn
Twitter: @AccountingToday
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