Business Frame Weekly - FASB Seeks Input on Conceptual Framework / SEC Unveils 5-Year Strategic Plan / Alation Connected Sheets Launches

Business Frame Weekly - FASB Seeks Input on Conceptual Framework / SEC Unveils 5-Year Strategic Plan / Alation Connected Sheets Launches

The Financial Accounting Standards Board (FASB) is currently seeking comments from stakeholders on the proposed new chapter of its Conceptual Framework related to the recognition/derecognition of an item in financial statements. Comments are due by Feb 21, 2023.

5 days ago
Business Frame Weekly - U.S. Inflation Cooling / Accounting & Finance Apprenticeship Program Launches / Financial Benefits of Offering a 401(k)

Business Frame Weekly - U.S. Inflation Cooling / Accounting & Finance Apprenticeship Program Launches / Financial Benefits of Offering a 401(k)

U.S. inflation cooled down in October by more than forecast. According to a Labor Department report, the consumer price index was up 7.7% year-over-year, and core prices advanced 6.3%, pulling back from a 40-year high.

19 days ago
Business Frame Weekly - Intuit Expects Above-Guidance Fiscal Year 2023 / Supreme Court May Challenge SEC, FTC / IRS Tax Gap to Increase

Business Frame Weekly - Intuit Expects Above-Guidance Fiscal Year 2023 / Supreme Court May Challenge SEC, FTC / IRS Tax Gap to Increase

Global financial tech platform Intuit Inc., which consists of TurboTax, Credit Karma, QuickBooks, and Mailchimp, expects to report results for the first quarter fiscal 2023 above guidance ahead of its Nov 29 earnings announcement.

25 days ago