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Your Daily Accounting Briefing – 2024-02-02

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

A refresher on fraud and the responsibility for its detection

Reviewing the accountant’s responsibilities for fraud when
performing an assurance engagement.

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Levi Strauss’ (NYSE:LEVI) Conservative Accounting Might Explain Soft Earnings

The market was pleased with the recent earnings report from Levi Strauss & Co. ( NYSE:LEVI ), despite the profit…

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DataSnipper, startup that uses AI to eliminate some of the ‘dread’ in accounting, is valued at $1 billion in latest funding round

Index Ventures is leading the round into the Dutch company whose software shows how AI is impacting professional services firms.

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What is the Difference Between Bookkeeping and Accounting?

Small businesses need to ask important questions, such as ‘What is the difference between bookkeeping and accounting?’ The bottom line is both are needed to corral financial records and understand

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Higher tax filing costs could take a bite out of your refund

From do-it-yourself tools to hiring an accountant, it’s getting pricier to prepare your returns. A new government program hopes to change that.

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TD SYNNEX’s conservative accounting may explain softer earnings.

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