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Your Daily Accounting Briefing – 2024-03-27

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

Monday Morning Accounting News Brief: Consulting Really Sucks Right Now; Inside a PwC Leadership Race

Missing punctuation in a headline got us really excited for the possibility of a line of PwC wine. And some other newsy stuff.

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Optimizing Transparency: The Essentials of Functional Expense Reporting for Nonprofits

For nonprofits, functional expense reporting is more than just numbers on a page; it is a testament to their commitment to their cause and supporters.

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Stambaugh Ness Announces Acquisition of Left Brain Professionals

York, Pa.-based Stambaugh Ness (SN) (FY22 net revenue of $30 million) announces its acquisition of Left Brain Professionals, a prominent accounting and advisory firm catering to government contractors in the architecture and engineering sector (AE), effective April 1. As part of the acquisition, SN is set to launch an outsourced accounting services (OAS) for government […]

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Data Shows Finance and Insurance Sector Has Had 70 Percent Increase in R&D

Companies in the US finance and insurance sector have increased their R&D investment by 70.4% compared to the previous year, according to the latest annual data. The second highest increase of all sectors in the US.

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AI-Powered Accounting Startup FundGuard Locks Up $100M

FundGuard, an AI-powered investment accounting platform for asset managers, raised a $100 million Series C round.

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