Your Daily Accounting Briefing – 2024-03-15

1 min read

Let’s see what’s in the news today.

Praxity grows global revenue to $9.7B

The Praxity Alliance of independent accounting firms reported revenue of $9.7 billion in 2023, an 11% increase over 2022 at constant exchange rates.

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Tax pros: Be careful what you tell clients about BOI

Affected businesses may turn to their accountants for help, but are firms the best source to help clients report beneficial ownership information to the feds?

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Prevention, Compliance Are Priorities for Wage and Hour Division

Prevention, compliance, and enforcement are the three strategies the Department of Labor’s Wage and Hour Division use to administer federal wage-hour laws, the division’s administrator said March 11.

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SITE Centers Announces New SVP and Chief Accounting Officer

SITE Centers (SITC) has shared an announcement. SITE Centers Corp. has appointed Christina M. Yarian as their new Senior Vice President and Chief Accounting Officer…

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Disney, IBM Tax Position Gets Tepid Reaction From NY Top Court

New York’s highest court seemed unimpressed with positions taken by Walt Disney Co. and International Business Machines Corp. in consolidated cases over a tax deduction at oral arguments Wednesday.

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Canada aligns ESG reporting with global standards for sustainability reporting.

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