Priya PatelLet’s see what’s in the news today.
KNAV takes on investment from India
In the latest example of accounting firms taking on outside investments, the internationally focused firm has sold a minority stake to an Indian billionaire.
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BofA appoints Citi’s Okpara as accounting chief
Bank of America has hired Citigroup’s former Chief Accounting Officer Johnbull Okpara to the same role, according to a memo seen by Reuters. Okpara, who resigned from Citi earlier in the month after a stint of nearly 4 years, will replace long-serving accounting chief of Bank of America, Rudolf Bless. Joining in December, Okpara will work with Bless during a transition period into 2025, revealed the memo sent last week by BofA’s Finance Chief, Alastair Borthwick.
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BofA hires Citi’s Chief Accounting Officer Okpara, FT reports
(Reuters) – Bank of America has hired Citigroup’s Chief Accounting Officer Johnbull Okpara to act in the same position, the Financial Times reported on Monday. Okpara resigned from Citi earlier this month. At Bank of America, he will replace Rudolf…
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Tech’s emissions may be way higher than disclosed due to ‘creative accounting’ of carbon
Accounting for the emissions of a global tech empire is not a simple task, and what industry standards we do have for disclosure may allow tech companies
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Zevero secures £5.3 million Seed Investment led by Spiral Capital
Singapore, 17th September, 2024 – Zevero, a global carbon accounting platform is proud to announce its inaugural seed funding round. The investment was led by Spiral Capital, with participation from East Ventures and several angel investors. This first raise marks a milestone of Zevero’s ability to grow global sustainability impact. Having secured significant wins in […]
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