Xero to buy Planday
The cloud accounting software maker is acquiring a provider of workday management and employee-scheduling software, for up to $219.7 million.
GASB to fix gov't reporting for compensated absences
The Governmental Accounting Standards Board is looking for feedback on a proposal to improve the guidance on compensated absences for state and local government employees, along with disclosure requirements.
Goodwill impairment looks to have spiked in 2020
Goodwill impairments recorded by public companies declined in 2019, but the COVID-19 pandemic appears to have caused it to spike in 2020, based on early reports.
Private sector added 117K jobs in February
Employment in the private sector grew by 117,000 jobs last month, according to ADP, despite cuts at big companies, manufacturers and builders, as the economy continued its slow recovery.
Finance and accounting fall short on diversity
The corporate finance and accounting area underperforms compared to other job functions when it comes to diversity, equity and inclusion.
CMAs experienced fewer salary cuts during pandemic
Certified management accountants weren’t as hurt salary-wise by the economic downturn caused by the COVID-19 pandemic as non-CMAs, according to a new survey.
BDO buys digital marketing firm
The Top 10 Firm is bolstering its tech services by acquiring DemandGen International Inc., a digital marketing strategy and technology services agency.
IRS offers guidance on employee retention credit and PPP eligibility
The Internal Revenue Service released guidance Monday for employers claiming the employee retention credit for 2020 and how it relates to eligibility for the Paycheck Protection Program.
IRS offers guidance on employee retention credit and PPP eligibility
SASB moves forward on standard-setter consolidation
The board is finalizing a merger with the International Integrated Reporting Council, while watching efforts to establish a standard-setter overseen by the IFRS Foundation.
IRS faces delays, risks for tax season amid pandemic
The Internal Revenue Service needs to take action to avoid processing delays this filing season due to the COVID-19 pandemic, according to a new government report.