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Your Daily Accounting Briefing – 2024-09-24

1 min read
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Let’s see what’s in the news today.

AR processes are a mess

Many companies grapple with fragmented systems, outdated procedures and a general lack of integration, which together create a chaotic environment for managing receivables.

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Tech news: Trullion offers AI-powered cloud audit suite

Trullion offers AI-powered cloud audit suite; april tax solution now covers all 50 states; Workday announces new initiatives, investments and a wellness solution; and other accounting technology news.

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Investment Firm To Pay $80M For Overvaluing CMOs, Accounting Outfit To Pay $2M For Crypto Audit Scam: Financial Crime Weekly

Macquarie Investment Management Business Trust (MIMBT) will pay $79.8 million for overvaluing CMOs and giving preferential treatment to clients.

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MP Compensation: Structuring ‘Back-End’ Agreements For New 40-Something Leaders

This article originally appeared in the July 2018 edition of INSIDE Public Accounting. To subscribe to INSIDE Public Accounting Monthly click here.  The accounting profession struggles with hiring the right people for the right positions, developing their skills, moving them into partnership and then, possibly, to the top job as MP.   Some common succession challenges: […]

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QOTD: “Now We Don’t Have to Pay People Out When They Leave Which Is Just Good Business”

Supposedly that’s what a partner in NYC told the grunts on a team call “that went terribly.”

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QOTD: Save money by not paying out when they leave.

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