Accounting Today

Accountants shouldn't drown in employee purchase reconciliations

Among the challenges accountants face is accounting for purchases employees make to get their work done. While the expense report process attempts to address this, it often falls short in providing ...
Accounting Today

FASB updates accounting for purchased loans as it faces funding threat

The Financial Accounting Standards Board released an accounting standards update Wednesday aimed at improving the accounting for purchased loans as it confronts a potential threat to its funding from ...
Investopedia

Purchase Acquisition Accounting: Definition and How It Works

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Asset Servicing Times

The path to accounting as a real-time data source

The Investment Book of Record (IBOR) is an essential tool for asset managers, and should ideally provide multi-asset class, multi-jurisdiction, and multi-investment product views of cash, security ...