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MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Bramasol

This new post provides a deeper look at how the leasing of medical equipment along with other bundled services or products presents particular challenges for meshing contracts and lessor accounting with DSE management and revenue recognition. According to Allied Market Research, "The global medical equipment rental market was valued at $56.0

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Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals. They’re not very good at mathematics or dealing with numbers in general.

Finance 95
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California CPAs Call For Crypto Accounting Clarity

PYMNTS

Certified Professional Accountants (CPAs) in California are calling on an industry watchdog to clarify standards for cryptocurrency accounting, with expectations that corporations will increase their use of cryptocurrencies moving forward. GAAP,” the letter stated.

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Nonprofit Accounting Services: The Right Solution

The Charity CFO

What should you look for when evaluating nonprofit accounting services? Yes, they might have a board member or volunteer who takes care of the finances, but they often lack specific expertise in nonprofit accounting. Benefits of Nonprofit Accounting Services. Nonprofit organizations exist to further a mission or goal.

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TEST Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals. They’re not very good at mathematics or dealing with numbers in general.

Finance 52
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What is Net Book Value?

The Finance Weekly

This accounting principle offers an insightful perspective into a business's worth , underlining the importance of financial reporting in today's market dynamics. The concept of NBV stands out as a fundamental metric for both accountants and business professionals. What Is Net Book Value?

GAAP 52
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How the New Revenue Recognition Rules Could Impact Budgeting and Planning

Planful

To date, most of the focus has been on the transactional accounting impact of the new guidelines. However, the revenue recognition guidance offered under US GAAP vs. IFRS has differed and was in need of improvement. As a result, different industries use different accounting for economically similar transactions.