From Paper to the Cloud: The Power of New TechnologyAn old, veteran salesman used to tell me stories about the good ol’ days of enterprise technology sales from back in the late 1970’s. He spoke of the fierce competition that existed between his company and a few others – all of which would one day become...
No Ordinary Tech BuzzwordWhen Big 4 staple Deloitte comes out with a list of the top RegTech companies, it’s a sure sign that this emerging tech sector has arrived. We may be wary of another tech buzzword given how much hype, and at times hyperbole, past buzzwords have received. But how many...
FASB Topic 832 Board Meeting
The Financial Accounting Standards Board (FASB) met on March 14, 2018 for the first time in 20 months to discuss Topic 832: Disclosures by Business Entities about Government Assistance. Given that so much time has passed between now and the last formal meeting and the Board turnover, the Board decided to make this an educational session where no formal decisions would be made.
5 Technology Tips: Preparing for Disclosures on Tax Credits & Incentives under FASB 832
In conjunction with ACT – the Tax Technology Association, we recently hosted a webinar to discuss the new disclosure requirements under FASB Topic 832 and how to prepare from a technology standpoint. While many have forgotten about this ASU (accounting standards update) due to tax reform and other accounting standards affecting tax, it’s set to be finalized by June 30, 2018.
Blockchain and Corporate Taxation: Change is Coming
When it comes to blockchain technology, a majority of people understand it has something to do with Bitcoin (BTC) and that’s about it. While it’s true that the popular cryptocurrency relies on blockchain, BTC represents a relatively insignificant portion of the blockchain market share. The implications of blockchain adaptation are far-reaching, with the potential to not just disrupt, but foundationally change the way most industries operate.