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Your Daily Accounting Briefing – 2024-09-04

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Let’s see what’s in the news today.

Morgan Davies succeeds Kevin Johns as Prime Accountants MD

West Midlands accountancy practice Prime Accountants Group has announced Morgan Davies as its new managing director.

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Escone Solutions collaborates with cloud accounting software firm

Aberdeen-based business applications support firm Escone Solutions has joined forces with award-winning accounting software provider iplicit, as it continues to grow its portfolio of services. iplicit’s cloud-based accounting software is tailored for organisations that have outgrown entry-leve

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The risk of global water scarcity is greater when accounting for the origin of rain, study shows

Securing the world’s water supply is one of the greatest challenges of our time. Research at Stockholm University is now presenting an alternative method for quantifying the global risk of water scarcity. …

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Super Micro: Rebound Potential After Hindenburg’s Report (NASDAQ:SMCI)

Super Micro’s rapid revenue growth, driven by AI infrastructure demand, signals strong future potential despite governance concerns. Read more about SMCI stock here.

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Research shows accountants are at odds with AI

New data from cloud accounting software FreeAgent shows accountants are at odds with AI despite three-quarters (76%) of accountants and bookkeepers agreeing that some accountancy and bookkeeping work will be automated in the next five years. The results show contention over how AI will impact accountants’ and bookkeepers’ roles in the immediate future with just under half…

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