Accounting principles are guidelines companies must follow when recording and reporting accounting transactions. GAAP and IFRS are the two major standards used worldwide. Accounting principles are ...

Artificial intelligence is a new trend in the globalization of finance, and ChatGPT is at the front line of serving the finance world. Given its capabilities, ChatGPT has the potential to ...

This eight-step repeatable guide is a basic checklist of what to do during each accounting period. All phases are covered, from identifying and recording transactions to checking for discrepancies ...

Digital accounting services have become a need, not a luxury. Digital transformation of accounting and reduction technologies ...

New Delhi: The audit regulator has proposed changes to accounting norms to ensure financial statements of businesses are more transparent and accurate about investments and transactions in foreign ...

The American Institute of CPAs is urging the Treasury Department and the Internal Revenue Service to suspend and remove their recently issued final regulations labeling some partnership related-party ...