PCAOB sets new plans to boost standards compliance.
PCAOB resets agendas as standards fall into place TLDR The PCAOB updated its standard-setting, research, and rulemaking agendas to reflect recent progress. Recent updates
Royal Financial streamlines taxes with expert accounting, planning, and filing.
Royal Financial Simplifies Taxes for Clients TLDR: Royal Financial offers comprehensive accounting, tax planning, filing, and more to simplify taxes for clients. They provide
Central banks driving 23% of gold demand, led by EM.
TLDR: Central banks account for 23% of global gold demand, with emerging markets leading the way. Gold prices have increased by 14% year-to-date, reaching
Top 6 Airbnb Accounting tools for 2024.
TLDR: QuickBooks Online, Xero, Wave Accounting, AppFolio, Zoho Books, and Instabooks are the top Airbnb accounting software in 2024. Each software has different features
China drops new rules for data security in accounting firms.
TLDR: China’s Ministry of Finance and the Cyberspace Administration of China release interim measures for data security management by accounting firms effective from October
Exciting Tech News: Patriot Software’s New 1099 Portal Launches
“`html Tech News Summary TLDR: Patriot Software launches 1099 portal for contractors Expensify announces Expensify Travel Key points: Patriot Software has launched a 1099
Boost tax pro fees with generative AI technology innovation.
Generative AI and Tax Professionals TLDR: 40% of tax professionals believe generative AI will allow them to charge higher rates for clients Survey shows
Enhanced IFRS Accounting Standard boosts financial performance analysis.
New IFRS Accounting Standard to aid analysis | ICAEW TLDR: – New IFRS standard, IFRS 18, to aid financial analysis – Introduces new subtotals
“Small biz? Pick how you do accounting.”
TLDR: Small business taxpayers can benefit from choosing more favorable accounting methods to lower tax burdens, simplify filing processes, and gain better financial insight.
House gives nod to erase SEC crypto rule.
House approves repeal of SEC crypto custody rule on procedural grounds TLDR: The House passed a resolution to repeal a SEC rule requiring custodians