In manufacturing companies, labor and materials costs are broken into direct and indirect components. Direct costs are those that can be traced directly to the products that are being produced, while ...

Big Four firm Deloitte has created a new product, CognitiveTax Insight, or "CogTax,” to analyze indirect tax data sets using artificial intelligence. Processing Content The product uses AI to assess ...

A company reports revenues and expenses on its income statement. Since most companies use accrual accounting, the income statement reveals little about cash flowing into and out of the business. To ...

In a prior article, I wrote about the appeal of counting the Federal Government as a customer, because of the size of the government’s budget, as well as its creditworthiness. In that article, I ...

NEW YORK--(BUSINESS WIRE)--Wolters Kluwer Tax and Accounting today announced that it has successfully undergone a Service Organization Control (SOC) 1 examination of its Indirect Tax Content Services ...