by Accounting Web | Jun 9, 2022 | Articles, Expense Accounting, Income Taxes
Internal Revenue Commissioner Charles Rettig announced on June 9th that there’ll be increases in the agency’s mileage rates for 2022 taxes, a decision that coincided with members of Congress surmounting partisan differences and clamoring for increases. The changes are...
by Accounting Web | May 26, 2022 | Articles, Financial Services, Industry Accounting, Lease Accounting
Summary provided by MaterialAccounting: This article discusses the use of fintech in the accounting industry and the reasons why it should be used. “What comes to mind when you hear the word ‘fintech’?” Michael Ly asked the packed room during his session at...
by Accounting Web | Jan 21, 2022 | Articles, Auditing
Summary provided by MaterialAccounting.com: This article discusses material misstatements auditors need to keep an eye out for. For auditors, material misstatements are the enemy and if they sneak in without detection, we fail. Maybe they enter in by error, other...
by Accounting Web | Dec 22, 2021 | Articles, Lease Accounting
Summary provided by MaterialAccounting.com: This article discusses the reasons a company may need to change their accounting software to a more reliable one. – Time is quickly running out for accountants to troubleshoot software issues or integrate new...
by Accounting Web | Feb 22, 2021 | Articles, ASC 842, Lease Accounting, Trending
Summary provided by MaterialAccounting.com: The article below explains four major lease accounting standard trends in 2021 and the advice accounting professionals need to share with their clients. This article focuses on four key 2021 trends in lease accounting...
