When General Dynamics Mission Systems started implementing FASB’s new leases standard, Adena Lerner was told it would take hours to extract the information from each lease that is needed to comply ...

Cathy Clarke, CPA, worries that companies are underestimating the amount of work required to implement FASB’s new lease accounting standard. As chief assurance officer for CLA, Clarke works ...

Accounting professionals, as the stewards of financial information, have a unique opportunity to take the lead in adopting the new lease guidance and implementing lease accounting software.

Cost accounting in healthcare has never been more important, but is often considered too difficult, expensive or resource intensive for many healthcare organizations. Additionally, other critical ...

Preparing for a conversion of any kind is no small task. But coordinating a conversion that involves transitioning patient accounting systems must include specific fiscal, cultural and operational ...

Accounting is a basic process required to operate any organization. Every debt must be paid in full and on time, and all incoming monies must be noted. Depending upon the size of an organization, ...

Accounting provides a means for recording and conveying economic data for compliance and decision-making purposes according to AccountingVerse. The three components of accounting systems are ...

Enterprise accounting software is designed for large companies and businesses. Here are the top seven enterprise accounting software suites. Oracle NetSuite ERP (NetSuite) is an enterprise solution ...

UHY Advisors, Inc. has acquired Bright Point Consulting, a finance and accounting software implementation firm based in Raleigh, N.C. Bright Point was founded in 2010 and focuses on implementing ...

Small businesses need to select the right accounting software for their situation because it determines their financial accuracy and operational efficiency. The right software choice enables ...