ThomsonReuters

DECEMBER 11, 2023

Accounting for tax equity investments Implementing ASU 2023-02 Accounting professionals with equity investor clients who are involved with projects to receive income tax credits and other income tax benefits need to have a clear understanding of the proportional amortization method (PAM), especially in light of recent changes.

income tax 52

income tax accounting standards Non-Profits accounting and finance 52

ThomsonReuters

JANUARY 18, 2024

As outlined by Garcia , for CPAs in financial accounting, some of the top responsibilities to clients include: Providing timely and trusted answers Staying on top of emerging regulatory activities Helping clients implement and consistently apply high-quality accounting standards Partnering when clients need help navigating certain situations.

accountant 59

accountant accounted Account tax preparation 59

ThomsonReuters

DECEMBER 19, 2023

Let’s take a deeper look at the ESG reporting and compliance services accountants can offer to their clients: Assist clients in the compilation and verification of ESG data for reporting purposes. Identify ESG-related tax incentives. Assess tax implications of ESG investments.

Tax 52

Tax accountant accounted Account 52

ThomsonReuters

OCTOBER 5, 2023

Amortization is usually conducted on a straight-line basis over a 10-year period, as directed by the accounting standards. For instance, businesses must check for goodwill impairment , which can be triggered by both internal and external factors.

accountant 52

accountant accounted Account Expense Amortization 52

DMCL

APRIL 11, 2022

The budget proposes elimination of some impacts of the new IFRS 17, a new international accounting standard applicable to insurance contracts that would allow insurance companies to defer recognition of income under both generally accepted accounting principles and for tax purposes.

Non-Profits 52

Non-Profits Real Estate Tax Construction 52

Going Concern

DECEMBER 2, 2022

Choi Jin Hyuk has reportedly been offered the role of a senior manager at the firm who has been working as an accountant for 12 years. FASB takes step toward clarifying lease accounting [ CFO Dive ].

public accounting 98

public accounting audit accountant accounted 98

Going Concern

FEBRUARY 2, 2024

A part-time employee at Salling Madeley, PLLC, a full-service accounting firm serving clients throughout the Austin area, received a reminder to renew her password. In the middle of a busy tax season, it would only take a few seconds—and just one click. The email looked legitimate and hit all the right notes. So, she clicked.

audit 122

audit Tax Texas Massachusetts 122