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

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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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Knowledge

Your Daily Accounting Briefing – 2024-06-16

June 16, 2024

Let’s see what’s in the news today. Bank al Etihad joins Partnership for Carbon Accounting Financials An initial step towards measuring the carbon impact

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DraftKings names new chief accounting officer for Nasdaq.

June 16, 2024

DraftKings Appoints Chief Accounting Officer TLDR: DraftKings appoints Erik Bradbury as chief accounting officer effective August 12. CFO Alan Ellingson will no longer serve

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Week’s top remote accountants, ready to assist with your finances.

June 16, 2024

TLDR: Accountingfly offers remote accountants, auditors, and tax professionals for firms and internal teams. The article highlights top remote tax and accounting candidates available

News

Private equity groups ready to acquire 1/3 of US accounting firms.

June 16, 2024

TLDR: Private equity groups are looking to acquire one in three of the top US accounting firms. This trend is being driven by the

News

Stitch Fix CFO Sarah Barkema Sells Majority of Stock Holdings

June 16, 2024

TLDR: Stitch Fix VP & Chief Accounting Officer, Sarah Barkema, sold 68% of her holding at $3.74 per share. This was the biggest sale

News

Bank al Etihad teams up with Partnership for Carbon Accounting Financials

June 16, 2024

TLDR: Bank al Etihad has joined the Partnership for Carbon Accounting Financials (PCAF) to measure and disclose its financed emissions, contributing to mitigating climate

Knowledge

Your Daily Accounting Briefing – 2024-06-15

June 15, 2024

Let’s see what’s in the news today. AccountsIQ takes in $65M to boost its bookkeeping tools with AI The economy remains on shaky ground

News

EY’s Hywel Ball to exit role as managing partner soon.

June 15, 2024

TLDR: Key points: EY boss Hywel Ball is stepping down as managing partner. Successor yet to be announced. Article Summary: EY’s managing partner, Hywel

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Xerocon 2024: Blending tech and tradition in one epic event.

June 15, 2024

Xerocon 2024: Where Technology Meets Tradition TLDR: New technologies are reshaping the accounting industry, leading to a shift towards advisory services and digital transformation.

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