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Your Daily Accounting Briefing – 2024-03-20

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

Accounting giant Deloitte launches biggest reorganisation in a decade to cut costs ‘

LONDON/NEW YORK: Deloitte has launched the biggest overhaul of its global operations in a decade as the Big Four firm seeks to cut costs and reduce the organisation’s complexity in the face of…

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Berry’s (NASDAQ:BRY) Conservative Accounting Might Explain Soft Earnings

The market was pleased with the recent earnings report from Berry Corporation ( NASDAQ:BRY ), despite the profit…

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“Clerical payroll error” costs 49ers a 2025 fifth-round pick, reduced 2024 fourth-round pick

League finds “no ill intent,” but still imposes draft-pick punishment on 49ers.

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Sonder shares plummet after massive financial misstatement

Sonder’s financials since 2022 “should no longer be relied upon,” the company said.

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Niners to forfeit 2025 fifth-round pick as result of administrative payroll accounting errors

A league review has the San Francisco 49ers having administrative payroll accounting errors at the close of the 2022 league year and ensuing action by the NFL will effect the club’s next two drafts as a result, NFL Network Insider Tom Pelissero reported.

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