Your Daily Accounting Briefing – 2024-04-05

1 min read

Let’s see what’s in the news today.

How the Big Four Accounting Firms Ranked in the 1Q24 IPO Market

The IPO market’s green shoots grew further in the first quarter of 2024, with 30 IPOs raising a combined $7.8 billion, Renaissance Capital reports. While deal count was in line with 1Q23, proceeds more than tripled, thanks to the continued return of larger offerings. A rally in returns in March brought the beginnings of a 2024

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Only half trust AI to help with taxes

Companies using AI have a long way to go before people will fully trust them to help with their taxes, according to a recent poll.

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Number of Accounting-Related Securities Class Action Filings Rose in 2023 Despite Increase in Filing Lag to 10-Year High

/PRNewswire-PRWeb/ — A new report released today by Cornerstone Research shows an increase of nearly 10% in the number of securities class action filings…

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Audit Problems ‘Unacceptably High,’ Canadian Watchdog Says (1)

Flaws in audit quality at Canadian firms remain “unacceptably high,” the country’s accounting watchdog said in its annual report published Tuesday.

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Botkeeper Rolls Out Its New Infinite Platform to Firms

Botkeeper Infinite helps to streamline automated bookkeeping and back-office accounting for firms without the need for outsourcing.

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