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

News

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.

News

“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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Save 15% on 2024 Sage 50 Premium Accounting 3-User!

July 7, 2024

TLDR: Sage 50 Premium Accounting 2024 U.S. 3-User 1-Year Subscription is now 15% off on Amazon The software offers comprehensive financial management tools, job

Knowledge

Your Daily Accounting Briefing – 2024-07-06

July 6, 2024

Let’s see what’s in the news today. BDO Pares Back Clients, Reforms Audit Practice to Boost Quality BDO USA P.C. has launched a multiyear

News

Crypto update: peek into 2024.

July 6, 2024

TLDR: 2024 has been a dramatic year for cryptoassets, with regulatory approval of spot Bitcoin ETFs, bull run in crypto, and increasing mainstream adoption.

News

Janet Truncale is set to leave her mark at EY.

July 6, 2024

TLDR: Janet Truncale, the new global CEO of EY, faces the challenge of rebuilding after the failure of the “Project Everest” plan. She aims

News

“Drew Block shares baseball, accounting, and favorite teachers at school.”

July 6, 2024

TLDR: Drew Block will not be managing the Rochester Royals this year but will still be playing. He is a Chief Financial Officer and

News

HLB Mann Judd and Pitcher Partners boosting partner numbers.

July 6, 2024

TLDR: HLB Mann Judd and Pitcher Partners have each appointed six new partners across their advisory, audit, tax, and finance practices on the east

News

BDO aims to enhance audit quality by reducing client workload.

July 6, 2024

Key Elements of BDO Audit Practice Reform TLDR: Key Points: BDO USA P.C. is reforming its audit practice to boost quality and address deficiencies

Knowledge

Your Daily Accounting Briefing – 2024-07-05

July 5, 2024

Let’s see what’s in the news today. Patriot Software Offers 6 Months of Free Accounting & Payroll Software in July Deal Patriot Software is

News

Coming soon: New accounting standards for banking and insurance sectors!

July 5, 2024

Accounting Standards for Banking and Insurance Sectors TLDR: Manoj Govil, the MCA secretary, announced that the Centre is working on developing accounting standards for

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