Accounting and auditing procedures are the steps that accountants and auditors follow when performing their respective tasks. Although accounting is about recording business transactions into ...

Regardless of the size of the business or the industry in which it operates, every organization must maintain office accounting procedures to effectively function. In doing so, the company will ensure ...

The IRS has issued new guidance on automatic accounting method changes. Revenue Procedure 2009-39 provides certain additions, modifications and clarifications to Revenue Procedures 2008-52 and 97-27 ...

The Internal Revenue Service (IRS) recently released two revenue procedures that relate to the implementation of accounting method changes as a result of the revisions to Section 846 of the Internal ...

The Internal Revenue Service has issued newly updated procedures for changing a business’s method of accounting for income tax purposes. Revenue Procedure 2015-13, released Friday, updates and revises ...

The Internal Revenue Service is proposing procedures for how a taxpayer can ask for automatic consent to change an accounting method in preparation for the Financial Accounting Standards Board’s new ...

Taxpayers affected by the tangible property regulations will have more time to file Form 3115, Application for Change in Accounting Method, under Rev. Proc. 2011-14 according to revised procedures ...

This story appears in the March 14 print edition of Transport Topics. Long-awaited nationwide lease accounting standards will require fleets to take a close look at their accounting procedures to ...