Accounting Peek

Accounting Firm Cuts Flower Bulb Co.’s $2M Tax Bill

Summary: TLDR: The North Carolina Business Court has narrowed a flower bulb retailer’s negligence suit against its former accounting firm for failing to warn about changes in tax law. The court found

September 21, 2024

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Your Daily Accounting Briefing – 2024-09-20

September 20, 2024

Knowledge

Study reveals 80% drop in Real Estate brokerage labor expenses

September 20, 2024

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Specialized accounting software designed for construction industry.

by Adrian Johnson

Intuit unveils new suite for businesses.

by Adrian Johnson

Dark Horse CPAs welcomes Gary Wantulok’s tax and accounting practice.

by Adrian Johnson

Your Daily Accounting Briefing – 2024-09-19

by Priya Patel

Trullion’s Cutting-Edge AI Audit Suite Platform is Now Available!

by Adrian Johnson

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“Revolutionizing group audits with cutting-edge technology for efficiency and accuracy.”

September 19, 2024

Article Summary TLDR: The Future of Group Audits Key Points: Group audits have become complex due to globalized business landscape and regulatory scrutiny. Emerging

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Xero acquires Syft: Enhancing reporting and analytics capabilities.

September 19, 2024

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,

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Zevero lands £5.3 million Seed Investment from Spiral Capital.

September 18, 2024

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

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Tech understates emissions with creative accounting, true environmental impact unclear.

September 18, 2024

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

News

BofA taps Citi’s Chief Accounting Officer Okpara, says FT.

September 18, 2024

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

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Bank of America taps Citi’s Okpara as top accounting executive.

September 18, 2024

Key Elements of Yahoo Privacy Policy TLDR: Yahoo, part of the Yahoo family of brands, uses cookies for various purposes on their websites and

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KNAV secures Indian investment in exciting new business venture.

September 18, 2024

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.

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“GuruFocus: Chief Accounting Officer Gordon Lee’s Insider Sale of DoorDash”

September 17, 2024

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

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Top Medical Accounting Software for 2024

July 10, 2024

TLDR: Key points: Selecting accounting software for a medical practice: HIPAA compliance is crucial. Recommended software includes Striven, Cliniko, Sage Intacct, and NetSuite. Best

Knowledge

Your Daily Accounting Briefing – 2024-07-09

July 9, 2024

Let’s see what’s in the news today. Private Equity and the Ethics of a Profession The recent multibillion-dollar investment by private equity in a

News

Tory donor’s Lycamobile sees boss resignations over accounting issues.

July 9, 2024

Article Summary TLDR: Key Points: The chief executive and head of finance at Lycamobile have resigned amid accounting problems The company is facing a

News

MBE CPAs expands to second Arizona location through merger.

July 9, 2024

In a recent study published in the Journal of Neuroscience, researchers have discovered a link between chronic stress and memory loss in individuals. The

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Ask how to elevate your career and make a difference.

July 9, 2024

TLDR: Barry Melancon, the longtime president and CEO of the AICPA, will be retiring after 30 years. The accounting profession needs to focus on

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Young accountants find support through Practice Profile’s mentorship program.

July 9, 2024

TLDR: Key Points: The Huselton, Morgan and Maultsby firm has a Student Leadership Program that helps young accountants make informed decisions about whether to

News

Ethical questions in private equity: a professional’s moral compass!

July 9, 2024

TLDR: Private equity firms investing in CPA firms raises ethical concerns about the profession’s historic obligation to serve the public interest. Questions arise about

Knowledge

Your Daily Accounting Briefing – 2024-07-08

July 8, 2024

Let’s see what’s in the news today. State to hire accounting firm to solve $1.8B budget mystery The state of South Carolina is one

News

Waterstone Mortgage appoints Jim Harper as VP of Accounting & Finance

July 8, 2024

TLDR: Jim Harper has joined Waterstone Mortgage as vice president, accounting and finance. Harper brings over 25 years of experience in the financial services

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