Let’s see what’s in the news today.
Going concerns decrease 31% over 20 years
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Going concern opinions have slowly decreased over the last two decades, with the exception of spikes during the 2008 financial crisis and the years of the COVID-19 pandemic.
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Anders CPAs + Advisors Expands Technology Services
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IPA 100 firm Anders CPAs + Advisors of St. Louis (FY22 net revenue of $69.1 million) has announced the expansion of the firm’s technology services practice, Anders Technology. In response to increased demand for comprehensive technology solutions and co-managed services, Anders Technology has broadened its service offerings to include advanced capabilities in several areas, including: […]
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Biofuel Carbon Accounting Report could signal shift in carbon auditing practices
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A recent International Energy Agency (IEA) report on carbon accounting for sustainable biofuels could herald significant changes in auditing practices for UK accountants. The report, which examines the complexities of measuring greenhouse gas (GHG) emissions in biofuel production, emphasises the need for robust verification processes in carbon intensity calculations. The report highlights that the need […]
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Longtime town accountant retiring in Montague
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MONTAGUE — Carolyn Olsen remembers when Town Hall welcomed its first computers, around the time she began working there as the assistant town accountant.“I first started back in January of 1987 and at that point, everything was manual,” she recalled….
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ESG-Linked Bonds, Loans Eyed for Derivatives Accounting Relief
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Companies that borrow money with interest rates tied to meeting greenhouse gas emissions targets or maintaining a diverse board won’t have to report these transactions using complex derivatives accounting rules under a proposal released Tuesday by US accounting standard-setters.
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