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Your Daily Accounting Briefing – 2024-06-29

1 min read
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Let’s see what’s in the news today.

Airwallex and QuickBooks to Improve Multicurrency Reporting

Payments platform Airwallex integrated with financial software provider QuickBooks to speed up the reconciliation process.

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98% of accountants have used AI, mostly for data entry and processing

Pretty much every accountant has used AI in some form or another, with the most common use case being data entry and processing, according to a poll from Intuit QuickBooks.

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FASB proposes simplified guidance on software costs

The FASB voted to propose a new ASU that would, among other things, remove the distinction between linear and nonlinear development methods.

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Airwallex Joins Forces with QuickBooks to Streamline Business Accounting

Airwallex, a global payments and financial platform, has integrated QuickBooks Online to enable its customers to import their transaction data into QuickBooks.

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Accounting for Sustainability

Can accountants and auditors become agents for real social change and make businesses more sustainable?

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