As the cannabis industry has begun to mature, there has been a surge in mergers and acquisitions, joint ventures, partnerships and other combinations.
Failure to have the accounting processes and procedures in place necessary to accurately and timely capture all of a company’s operations on a day-to-day basis causes delays in closing deals or, in many cases, precludes deals from happening at all.
Elizabeth Warren's War on Accounting - WSJ
The engine of the corporate tax system is sputtering, and Democrats are trying to fix it with a Band-Aid instead of a wrench. They're proposing a corporate minimum tax, which they call the " Amazon tax," targeting U.S.
The Democrats' proposed 15% levy on the world-wide financial-accounting earnings of large, highly profitable companies may sound familiar. It was originally proposed by Sen. Elizabeth Warren during her bid for president.
The tax impact of the infrastructure act | Accounting Today
The Infrastructure Investment and Jobs Act, signed by the President on Nov. 15, 2021, presents a number of issues for taxpayers to consider.
The act, first passed by the Senate in August, was passed by the House on Nov. 5, 2021 with an estimated cost of $1.2 trillion.
Cryptocurrency reporting is the issue given the most attention, according to Luscombe: "Basically, a cryptocurrency reporting requirement is imposed on brokers.
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The New Lease Accounting Standards Are Here: Is Your Team Ready?
Companies large and small with lease arrangements are preparing to adapt to the new standards for lease accounting compliance.
The new guidelines will bring an estimated $3 trillion in liabilities onto the balance sheet, according to International Accounting Standards Board, with the big shift being the inclusion of right-of-use assets for operating leases in addition to finance leases.
New blueprints for careers in accounting | Accounting Today
With career paths in the profession multiplying and growing more complex, former KPMG office managing partner and author of "Advice for a Successful Career in the Accounting Profession" Jerry Maginnis shares top tips for helping young accountants optimize their careers.
Big Four Accounting Firm Deloitte Forges Partnership With Ava Labs to Leverage Avalanche
On Tuesday, one of the Big Four accounting organizations, Deloitte announced a strategic partnership with Ava Labs, the team behind the blockchain network Avalanche.
During the last few years all four of the Big Four accounting networks, PWC, Ernst & Young (EY), KPMG, and Deloitte have been involved in blockchain consulting, research, and development.
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An analysis by non-partisan experts at the Penn Wharton Budget Model found the $1.75 trillion progressive Build Bac… https://t.co/n4Oo5asT1l RepTenney (from New York-22) Mon Nov 15 15:37:26 +0000 2021
Championship side Derby County have been deducted a further nine points after admitting breaches of English Footbal… https://t.co/oaq3X10xb7 BBCSport (from MediaCityUK, Salford) Tue Nov 16 10:08:33 +0000 2021
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