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
ISCA teams up with PICPA to groom Filipino accountants.
Article Summary TLDR: ISCA signed MOU with PICPA to train chartered accountants in the Philippines. This collaboration aims to strengthen the professional development of
CPACharge Introduces Next Day Payments for FinTech Enthusiasts
TLDR: CPACharge has launched Next Day Payments, a new feature that allows accounting firms to access funds faster. This feature helps address the challenge
Accountants embracing technology for efficiency in their work.
TLDR: Accountants advised to adopt lifelong learning and technology by FCMB Managing Director, Yemisi Edun. Importance of sustainability accounting, ethical practices, and upskilling emphasized
Your Daily Accounting Briefing – 2024-03-05
Let’s see what’s in the news today. Global Server Shipments Expected to Increase by 2.05% in 2024, with AI Servers Accounting For Around 12.1%
Spot and Fix Errors in Financial Reports for Accuracy and Clarity
Identifying And Resolving Material Misstatements In Financial Statements TLDR: A new study looks at how auditors detect, resolve, and deal with material misstatements in
SMEs miss out on £7.5bn in interest from bank accounts
Key Elements of SMEs Losing Out on Interest on Bank Accounts TLDR: SMEs are losing out on over £7.5bn in interest due to big
Boost your accounting firm with essential growth factors.
Growth Factors for Accounting Firms TLDR: Key Points: Randy Crabtree discusses growth factors for accounting firms and the importance of combining ingredients. Service offerings
Heyward Foundation pivots strategy in light of accounting discrepancies.
TLDR: The Heyward Foundation lost its 501(c)(3) status due to accounting errors and missing funds. Erik Bescher, the foundation’s tax preparer, took responsibility for
Global Server Shipments to Rise 2.05% in 2024, AI Servers 12.1%
Global Server Shipments Expected to Increase by 2.05% in 2024 TLDR: Global server shipments are estimated to increase by 2.05% in 2024, with AI