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India Gives NBFCs Two Years To Adopt New Accounting Standards

PYMNTS

The Securities and Exchange Board of India will reportedly give non-bank financial companies (NBFCs) two years to adopt and implement changes to accounting standards, the Financial Express reported Wednesday (Sept. regulators have given small businesses more time than other firms to adopt the accounting standard changes.

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How to Use ChatGPT to Create Forms and Templates for Accounting Firms

CPA Practice

Internal Audit Checklist: For conducting audits within the firm to ensure compliance with accounting standards and regulations. Financial Statement Template: To prepare standardized financial statements for clients, such as balance sheets, income statements, and cash flow statements.

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Why On-Time and Trustworthy Financials Are Vital to Your Business

GrowthForceBlog

7 min read Unless you are a bookkeeping and accounting professional, you likely didn't go into business with your heart set on financial reporting.

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GAAP: What It Is and Why Your Investors Expect It

inDinero Accounting

The history of GAAP dates back to 1929 when the Committee on Accounting Procedure was founded by the American Institute of Accountants and tasked with developing uniform accounting standards.

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ChatGPT & The Accounting Industry: How Can AI Help Accountants?

Accounting Insight

As someone working in the accounting industry , I know first hand how important it is to keep your finger on the pulse and stay up to date with the latest accounting standards, regulations, and best practices. With the fast-paced nature of the industry and ever-evolving technology, it can be a challenge.

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FinTech Targets The Cash Flow Needs Of CPAs

PYMNTS

Hall added that CPAs and accounting firms are increasingly accepting cards (and the fees they come with) to avoid the collections process and mitigate the risk of delayed or nonpayment. The role of the corporate and small business accountant is changing. Changing CPA Roles.

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Pulling Back The Curtain On Corporate Finance Reports

PYMNTS

Corporate accounting standards are changing, with the Financial Accounting Standards Board adopting new standards in ways companies report on leases, hedging and other financial activity. In the U.K., In the U.S., But researchers warn that corporates continue to find ways to hide the bad news.

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