Search Results for: iris
ASC 842: FASB proposes discount rate amendment for nonpublic entities
On June 16, 2021, the Financial Accounting Standards Board (FASB or Board) issued a proposed Accounting Standards Update (ASU) amending Accounting Standards Codification (ASC) 842. The amendment would provide private (nonpublic) organizations, including all not-for-profit entities, with additional guidance and flexibility in how they determine the discount rate.Currently, ASC 842 provides nonpublic lessees with a […]
Choosing Accounting Firm Client Portal Software
The new era of client communication and collaboration is here. Secure web-based information exchange is becoming the norm in the accounting industry.Investigating any technology solution for your business can be overwhelming. How do you know if you are asking the right questions and getting the best solution available?We created this guide to help accountants evaluate […]
Why Accounting and Tax Professionals Use Web Portals
In today’s remote climate, clients expect information to be available when they need it, regardless of where they are and with no regard for your firm’s digital capabilities. To meet those demands and most importantly, to deliver or exchange documents in a secure manner, accountants and tax professionals have caught on to the value of Web […]
Security in a Digital Landscape
At myPay Solutions, security is of the utmost importance. Protecting the sensitive information that we handle is a fundamental part of our everyday business. As the digital environment continues to evolve, we’d like to share some additional steps you can take internally to assist in keeping your information safe. In today’s digital landscape you have likely […]
Securely Sharing Client Documents: Why a Portal is Essential
How does your firm exchange important financial documents with clients? Do clients send earnings statements and tax documents by regular mail, or perhaps as email attachments? In the event of assurance work, how are PBC (prepared by client) supporting documents delivered? Finally, how does your firm exchange documents that require client signature?Tax and financial documents […]
FASB approves discount rate amendment for nonpublic entities
On Wednesday, September 15, 2021, the Financial Accounting Standards Board (FASB or Board) approved an amendment on the proposed Accounting Standards Update, that provides nonpublic organizations with additional flexibility in how they determine the discount rate they use when classifying their leases.The relief granted by the Board is intended to make it easier and more […]
The Benefits of a Four Day Work Week
Across Europe, the four-day work week trend is popular. From the Spanish government encouraging shorter weeks, to large companies across the globe trialling it as a phased return to the office, four-day work weeks are being discussed as a way to improve wellbeing and productivity, along with other benefits.In 1956, Richard Nixon, then Vice President, […]
Doc.It Wins Customer Satisfaction Award from K2 Enterprises
Ancaster, ON – Doc.It® by IRIS, an industry-leading provider of a powerful and scalable full suite of document management, workflow, document storage, and web portal products for accounting firms, has been awarded a K2 Enterprises (K2e) Quality Award.Every year the leadership team at K2e identifies select companies and presents their Quality Awards. Doc.It® is proud to announce […]
Private Firms Struggle to Meet ASC 842 Lease Accounting Standard Deadline
IRIS Innervision pledges to help firms affected meet the new requirements by automating compliance, streamlining processes and ensuring accuracyWith barely two months remaining before the Dec. 15 deadline when ASC 842 comes into force, as many as one-third of private company executives feel unprepared to comply with the lease accounting deadline and most firms (78%) […]
QUADRENT
IRIS INNERVISION ENABLES QUADRENT TO ACCELERATE GROWTH Established in 2002, Quadrent specializes in providing tailored financial services and solutions to Australasia’s large corporate and public sector organizations. Its offering includes lease and rental payment plans; asset management tools; and managed services, alongside solutions for managing and reporting on lease portfolios. Quadrent combines entrepreneurial drive with […]
Shadow Payroll & Expatriation: Here’s What You Need to Know
For companies operating in multiple countries, it’s important to be aware of the HR and payroll implications of expatriation. Sending employees abroad to work, whether it’s temporary or for the foreseeable future, may seem like an obvious solution to a problem.However, employees working abroad can present a whole host of new issues. Read on to […]
The Challenge with Expatriate Compensation – Assessing Your Reward Strategy
For almost every operation, compensation, benefits, and rewards are critical in attracting, retaining, and motivating your talent. When optimized, reward strategies can become effective tools for thoughtful workplace engagement, both immediately and long into the future.As more multinational businesses are investing in new and promising markets beyond their own, the role of an international reward […]
