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Reverse Factoring Intensifies The B2B Late Payments Debate

PYMNTS

The Big Four auditing firms — EY, Deloitte, KPMG and PwC — have recently requested that the Financial Accounting Standards Board (FASB) provide clarity in how corporates should classify their reverse factoring or supply chain financing agreements, adding more fuel to a long-standing debate as to whether such trade financing tools are debt.

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The Complete Guide to Nonprofit Accounting Careers

The Charity CFO

Given the increasing use of accounting software to do day-to-day tasks, accountants need to not just be proficient in accounting, they have to be tech savvy. Accountants deserve positions that leverage technology to improve the department and the organization and when they don’t get that, it creates a challenge.