Your Daily Accounting Briefing - 2024-01-10

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Accounting Peek

January 10, 2024

Adrian Johnson

Let’s see what’s in the news today.

Fisker Revamps Financial Leadership with New Chief Accounting Officer Amidst Stock Struggles

Former PwC Assurance Partner takes the helm to navigate Fisker’s financial challenges and drive growth in 2024 as Fisker stock price continues to drop.

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FSR Stock Drops 10% as Fisker Appoints Yet Another Chief Accounting Officer

FSR stock is dropping lower after the company announced that it had appointed Angel Salinas as its CAO, effective immediately.

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BDO Maxes Out at $14 Billion in Global Revenue in 2023

Revenue for the year ending Sept. 30 was up 10.2% from $12.8 billion in 2022, with tax having a 10% increase over the previous year.

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States, Cities to Reveal More Risk Details Under Accounting Rule

State and local governments will have to reveal more details in their financial statements about the risks of concentrating revenue in too few sources or limits on their abilities to control spending, under a government accounting standard published Monday.

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