Your Daily Accounting Briefing – 2024-04-07

1 min read

Let’s see what’s in the news today.

Autodesk Investigates Its Accounting Practices, Delays Annual Report

The construction software giant disclosed April 1 that it is conducting an internal investigation into its own accounting practices and filed for an extension to submit its 2023 annual report with the U.S. Securities and Exchange commission.

Read the original article here

PwC Hit With $2.75 Million Fine By PCAOB For Running Afoul of Independence Rules

Order also requires a review of PwC’s independence-related quality-control policies and procedures, and extra training.

Read the original article here

Accounting-Related Class Actions Up Nearly 10% in 2023

Accounting-related securities class-action filings rose 9.8% from 51 in 2022 to 56 in 2023, Cornerstone Research said.

Read the original article here

Toyota reports record sales for Q1 2024, with 36.4% accounting for EVs

Toyota sold 36.4% electrified cars in March 2024 and 206,850 in Q1, with notable gains in RAV4, bZ4X, and Lexus models.

Read the original article here

Netgain: Accounting Software Solutions Company Closes $35 Million

Netgain, a leading software provider for finance and accounting teams, announced a $35 million minority investment led by Summit Partners. The funding round will drive product development and team expansion while supporting Netgain’s commitment to helping accountants free up time by automating routine tasks.

Read the original article here

Previous Story

Netgain secures $35 million in funding for accounting software solutions.

Next Story

Woodland Hills students explore accounting profession with Steelers partnership.

Latest from Knowledge