Your Daily Accounting Briefing – 2024-09-20
Let’s see what’s in the news today. Dark Horse CPAs Onboards the Tax & Accounting Practice of Gary Wantulok /PRNewswire-PRWeb/ — Dark Horse CPAs, a top accounting and tax firm serving small
News
Xero acquires Syft: Enhancing reporting and analytics capabilities.
Xero to buy reporting and analytics platform Syft TLDR: Business solutions platform Xero announced the acquisition of cloud-based reporting and insights analytics platform Syft,
Zevero lands £5.3 million Seed Investment from Spiral Capital.
TLDR: Zevero secures a £5.3 million seed investment led by Spiral Capital. The investment will accelerate Zevero’s scaling efforts globally. Zevero, a global carbon
Tech understates emissions with creative accounting, true environmental impact unclear.
Article Summary TLDR: Global tech companies may be underreporting their carbon emissions through creative accounting. Location-based emissions show a much higher carbon footprint compared
BofA taps Citi’s Chief Accounting Officer Okpara, says FT.
TLDR: Bank of America has hired Citigroup’s Chief Accounting Officer Johnbull Okpara to replace Rudolf Bless in the same position. The reason for Bless
Bank of America taps Citi’s Okpara as top accounting executive.
Key Elements of Yahoo Privacy Policy TLDR: Yahoo, part of the Yahoo family of brands, uses cookies for various purposes on their websites and
KNAV secures Indian investment in exciting new business venture.
Summary of KNAV Takes on Investment from India TLDR: Key points: KNAV Advisory Inc. has taken on a minority investment from NKSquared, the U.S.
“GuruFocus: Chief Accounting Officer Gordon Lee’s Insider Sale of DoorDash”
TLDR: Chief Accounting Officer Gordon Lee sold shares of DoorDash Inc (DASH). Recent SEC filing shows 2,071 shares sold with insider now owning 97,062
AICPA, NASBA suggest new route for 150-hour requirement
Summary of AICPA, NASBA Competency-Based Path to CPA Licensure TLDR: AICPA and NASBA propose alternative to 150 credit hours for CPA licensure Candidates with
Latest
NY Top Court reacts mildly to Disney, IBM tax position.
Disney, IBM Tax Position Gets Tepid Reaction From NY Top Court TLDR: New York’s highest court seemed unimpressed with Disney and IBM’s positions in
SITE Centers introduces new SVP and Chief Accounting Officer to team
TLDR: SITE Centers has announced the appointment of Christina M. Yarian as their new Senior Vice President and Chief Accounting Officer. Yarian, who previously
Prioritizing prevention and compliance at Wage and Hour Division.
TLDR: Prevention, compliance, and enforcement are the key strategies of the Wage and Hour Division. Employers can confidentially contact the division for guidance on
Tax pros, ensure accuracy of information given to clients on BOI.
Key Elements of Tax Pros Article TLDR: Small companies have a limited time to report beneficial owners under the Corporate Transparency Act. Accounting firms
Praxity’s global revenue hits $9.7B.
Praxity Alliance Global Revenue Growth TLDR: Praxity Alliance reported revenue of $9.7 billion in 2023, an 11% increase from the previous year. Revenue growth
Your Daily Accounting Briefing – 2024-03-14
Let’s see what’s in the news today. House Committee Advances Bill to Repeal SEC Crypto Accounting Guidance On Thursday, February 29, 2024, the House
Execs & employees, customers: widening trust gap in businesses today.
Article Summary TLDR: Key Points: Business executives are out of touch with their employees and consumers when it comes to trust. PwC’s 2024 Trust
IRS launches Direct File – free tax filing made easy!
TLDR: The IRS and the Treasury Department officially launched the Direct File pilot program for free tax filing in 12 states. Over 20,000 people
VP Chad Winters sells West Pharmaceutical shares. Insider deal alert.
Summary of Insider Sell: VP, Chief Accounting Officer Chad Winters Sells Shares of West Pharmaceutical Services Inc TLDR: Vice President and Chief Accounting Officer