Your Daily Accounting Briefing – 2024-01-18
Let’s see what’s in the news today. How to manage remote 1040 client collaboration Digitization has no doubt made accountants’ jobs easier. But does
Collaboration: The Key to Thriving in Global Tax Changes
TLDR: – Multinational enterprises must begin calculating, reporting, and paying the 15% global minimum tax under the new Pillar Two system. – Collaboration between
Accelya’s Cargo Revenue Accounting chosen by Air France-KLM!
TLDR: Air France-KLM has partnered with software provider Accelya to implement its Cargo Revenue Accounting (CRA) solution, which will optimize the airline’s cargo billing,
Audit in the digital realm: AI’s risk-assessing masterstroke.
TLDR: Auditing in the digital age has become increasingly important as cybersecurity risks continue to grow. Artificial intelligence (AI) has emerged as a key
US Considers Impact of Global Tax Rules on ‘Disregarded’ Firm Payments
TLDR: – The US Internal Revenue Service (IRS) is considering how new guidance for implementing a 15% global minimum tax will affect payments between
Mastering remote collaboration for 1040 clients: Here’s how!
TLDR: Remote 1040 client collaboration offers flexibility, efficiency, and increased client satisfaction. Mobile apps can meet client expectations by providing an all-in-one platform for
Your Daily Accounting Briefing – 2024-01-17
Let’s see what’s in the news today. Banks to switch to inflation accounting from 2025 Türkiye’s banks and other financial institutions will start applying
Micro Connect introduces new accounting rules inspired by GAAP.
TLDR: – Micro Connect has announced the MCEX Market Accepted Protocol (MAP), which provides accounting rules for the Micro Connect Macao Financial Assets Exchange.
Marcum LLP Goes Big: Acquires Federman, Lally & Remis LLC
TLDR: – Connecticut-based accounting firm Federman, Lally & Remis (FLR) has been acquired by Marcum LLP, a national accounting and advisory firm. – The
ACCA endorses FRC’s push for stronger auditor requirements.
TLDR: The Association of Chartered Certified Accountants (ACCA) supports proposals put forth by the Financial Reporting Council (FRC) to strengthen auditor requirements. The proposed