Entries by hussain

6 steps to accounting automation success

Compliance has always ranked top of mind for accounting firms and remains a major concern today, but things are changing fast. Just as paper and pencil gave way to desktops and laptops — and now automation and machine learning — the profession stands ready to leap from a compliance emphasis to one of insight and […]

New Accounting Rules Test Companies’ Mettle

Forty-two percent of public companies are either still assessing the impact of the new lease accounting rules or have not even gotten that far. Companies’ level of readiness for complying with the new revenue recognition standard was a popular topic throughout 2017, leading up to the rule’s effective date for public companies. Read More

Corporate Boards More Likely to Scrutinize Cybersecurity Effectiveness Than Regulators

As pressure to develop more effective corporate cybersecurity programs continues to mount, 62.7 percent of C-suite and other executives in a recent Deloitte poll expect board of director requests for reporting on cybersecurity program effectiveness to increase in the next 12 months. A slightly lower 57.3 percent of executives expect increased cybersecurity regulatory scrutiny during […]

Lease Accounting Compliance: 3 Critical Steps to Meet This Year’s Deadline

To effectively navigate the challenges associated with lease accounting compliance and meet the looming deadline, there are three critical steps every public company should take. Time is quickly running out for public companies that have not achieved compliance with the new ASC 842 and IFRS 16 lease accounting guidance. After December 15, 2018, practically all […]