Business Accounting

IASB Proposes Corporate Accounting Changes
IASB Proposes Corporate Accounting Changes
December 17, 2019  |  B2B Payments

Corporate accounting standards are headed for more changes after the International Accounting Standards Board (IASB) proposed changes to how businesses report operating profit, the Financial...

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Paper Financial Records Raise Corporate Security Risks, Clutch Warns
Paper Financial Records Raise Corporate Security Risks, Clutch Warns
October 01, 2018  |  B2B Payments

One-quarter of small businesses continue to record financial data on paper instead of keeping digital records, according to a new survey by Clutch, a B2B...

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Number Of Corporate Accounting Errors Unexpectedly Climbs
Number Of Corporate Accounting Errors Unexpectedly Climbs
September 24, 2018  |  B2B Payments

A research firm has discovered that the number of material accounting mistakes made by U.S. public companies has gone up this year. Massachusetts-based Audit Analytics...

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Accountants’ Technology Budgets Running Dry
Accountants’ Technology Budgets Running Dry
August 01, 2018  |  B2B Payments

A new survey from K2E Canada suggests small business accountants understand that technological disruption is a major challenge, yet few are addressing the issue. Reports...

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SEC Questions India’s ICICI Over Accounting Practices
SEC Questions India’s ICICI Over Accounting Practices
July 30, 2018  |  B2B Payments

The U.S. Securities and Exchange Commission (SEC) is reportedly seeking information from India’s ICICI Bank on its accounting and corporate governance practices, reports in Bloomberg...

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Xero Partners With Gusto As Payroll Provider
Xero Partners With Gusto As Payroll Provider
July 23, 2018  |  B2B Payments

Xero has announced that Gusto will be the preferred payroll provider for its small business and accountant customers in the U.S. The partnership will allow...

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Finlyte Wields Oracle Tech For Finance-as-a-Service Tool
Finlyte Wields Oracle Tech For Finance-as-a-Service Tool
July 18, 2018  |  B2B Payments

Finlyte Partners has launched a new central office services platform that will provide Finance-as-a-Service (FaaS), consulting and capital for small to medium-sized businesses (SMBs). In...

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When Artificial Intelligence Meets Human Intelligence In SMB Accounting
When Artificial Intelligence Meets Human Intelligence In SMB Accounting
March 20, 2018  |  B2B Payments

The rise in automated solutions – especially in various finance functions – initially led to concern among financial professionals that their positions might be replaced...

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Senate Report Links Tax Reform To Greater Spend On SMB Accountants
Senate Report Links Tax Reform To Greater Spend On SMB Accountants
March 19, 2018  |  B2B Payments

Tax reform is likely to lead small businesses (SMBs) in the U.S. to pay more for accounting services, according to new analysis from the Senate....

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