Fund-based accounting, or fund accounting, is a system used by nonprofit organizations and government agencies to manage their money. Fund accounting differs in purpose from the system used in regular ...

While not perfect, generally accepted accounting principles are considered the gold standard of accounting rules. Corporations throughout the country use GAAP to prepare their financial statements.

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Thomson Reuters PORTIA has been transformed to include robust fund ...

Nonprofit accounting software can help you track expenses, file tax forms and organize donations. We review the best accounting tools for nonprofits, from Aplos to QuickBooks. As a member of a ...

The Federal Accounting Standards Board develops the generally accepted accounting principles, or GAAP, which are accepted and used universally by certified public accountants. Businesses use the GAAP ...

The best accounting software for charities and non-profit or not-for-profit organisations (referred to in this article as non-profits) should include all the core accounting features and functionality ...

Maybern cofounders Ashwin Raghu and Ross Mechanic started the company in 2021 to automate the highly complex accounting calculations that plague investment firms. “It doesn't matter if you manage $50 ...

Thomson Reuters announced plans to invest millions in tax and accounting solutions through its newly-launched $150 million venture fund. Continuing to operate under the name Thomson Reuters Ventures, ...

The US Securities and Exchange Commission is making it easier for everyday investors to access semiliquid funds like interval or tender offer funds that invest in private equity or other private funds ...

The Office of Personnel Management has kicked off the procurement to modernize its financial management and benefits systems, looking to industry for information on existing commercial solutions it ...

Investors are doing well for themselves when it comes to fees. Over the last 20 years, the average fee paid by fund investors has more than halved—from 0.87% in 2004 to 0.36% in 2023. Because fees ...

MILWAUKEE--(BUSINESS WIRE)--UMB Fund Services, Inc. (UMBFS), a subsidiary of UMB Financial Corporation (NASDAQ: UMBF), announced today its service expansion for StepStone Group Private Wealth LLC, ...