Your business accounting system can do more than just keep track of your money inflows and outflows. It can help increase your profits by eliminating waste and money lost due to missing deadlines.

Forensic accounting has taken an important role in both private and public companies since the birth of the 21st century. The failure of some formerly prominent public companies such as Enron and Tyco ...

The IRS has issued new guidance on automatic accounting method changes. Revenue Procedure 2009-39 provides certain additions, modifications and clarifications to Revenue Procedures 2008-52 and 97-27 ...

The IRS has provided procedures (Rev. Proc. 2018-60) under which a taxpayer may obtain automatic consent to change a method of accounting to comply with Sec. 451(b), as amended by the law known as the ...

The Internal Revenue Service is proposing procedures for how a taxpayer can ask for automatic consent to change an accounting method in preparation for the Financial Accounting Standards Board’s new ...

The American Institute of CPAs has sent a letter to the Internal Revenue Service with three recommendations on the accounting method change procedures for business taxpayers. Processing Content A 2015 ...

In a prior article, I wrote about the appeal of counting the Federal Government as a customer, because of the size of the government’s budget, as well as its creditworthiness. In that article, I ...

Equipment screening reports are available upon request by contacting Property Accounting by email propacct@purdue.edu. Please include details on what you are ordering, how much it cost, and the ...

Upon acceptance of federal agreements the University becomes directly responsible for and accountable for all government property in accordance with the provisions of these agreements. The ...