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FASB Looks to Add New Rules on Accounting For Government Grants by Businesses

CPA Practice

accounting rules don’t currently have specific guidance about the recognition, measurement, and presentation of a grant received by a business entity from a government. rules instead of analogizing to IAS 20 or other guidance, thus narrowing the variability in accounting for government grants, the FASB said.

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Is it time to upgrade? Tips for changing accounting systems in 2025

Accounting Seed

What To Look for In Accounting Software To begin preparing to change accounting systems, clearly identify what you need from a new software tool. If youre fed up with its slowness, or how hard it is to create financial statements, ensure you understand how this is addressed in a new system. The post Is it time to upgrade?

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Friday Footnotes: Baker Tilly Did What!?; Internship Ranking Winner Same As Last Year; Pillar II to Be a PITA | 10.25.24

Going Concern

Vault Releases Its 2025 Internship Rankings [ PR Newswire ] Vault, the leader in data-driven employer rankings and reviews, today released its 2025 Internship Rankings, highlighting the top programs in more than 30 categories. 22 that the municipality’s normal firm, Potsdam-based financial firm Pinto Mucenski Hooper VanHouse & Co.,