Tag Archive for: accounting

Updates to the Current Expected Credit Loss Standard

In 2016, the Financial Accounting Standards Board (FASB) issued…

Integra International Elects SST CEO Bill Sims as Chair of the Global Board

As one of the founding members almost 20 years ago, SST Accountants…

What You Need to Know About the IRS’ $80 Billion Spending Plan

The Inflation Reduction Act, which was enacted in August 2022,…

Understanding Unrelated Business Income

The Internal Revenue Code (IRC) Section 501 grants tax-exempt…

Capitalization of Cloud Computing Costs

In recent years, there has been a distinct and significant shift…

Two Common Ways to Handle Employee Travel Expenses

One of the trickiest internal control processes for accounting…

Unemployment Tax Requirements for Texas Businesses

Any employer who is subject to the rules outlined in the Federal…

Establishing a Procedure for Risk Assessment

Formal risk assessment procedures allow your organization to…