The startup just raised a Series B funding round led by Hg — Index Ventures led the previous Series A round . While terms of the deal are undisclosed, a source told me the round is worth approximately $30 million.
In order to improve productivity, Silverfin tries to automate the most time-consuming aspect of accounting — data collection. The company helps you connect with your clients' accounting software directly to import their data, such as Xero, QuickBooks, Sage and SAP.
Many things are taking place:
Ernst & Young sued over Wirecard as accounting woes add up | Accounting Today
Accounting firm Ernst & Young was sued over its work for Wirecard AG, just two days after Wirecard's headquarters were raided as part of a market manipulation probe.
The German lawsuit alleges that EY failed to flag that 1 billion euros ($1.1 billion) in assets were improperly booked on the payment processor's 2018 accounts, Wolfgang Schirp, a lawyer for private investors, said in a statement on Monday.
Opinion: Addressing problematic accounting behind the Fair Share Act | Juneau Empire
Coronavirus affects banks as tough new accounting rule looms
Banks across the nation felt headwinds even before the coronavirus pandemic hit, and a new, more rigorous accounting rule isn't helping.
Banks could face eroding profits on a scale they haven't seen since the Great Recession. For depositors and other bank customers, this is a possible cause for concern – or at least a reason to reevaluate their banking needs.
Banks aren't in trouble. The number of banks on the Federal Deposit Insurance Corp.'s problem list eased to 51 at the end of last year – a 13-year low and representing only about 1% of all companies. No banks failed in 2018, four did so last year, and two have through May. The FDIC doesn't identify the institutions on its problem-bank list.
Many things are taking place:
Art of Accounting: Stanley Goldstein's Top 10 game changers | Accounting Today
3. Working for Seidman and Seidman for five years, acquiring the experience that I would later need when I started my practice.
5. Deciding to hire staff right away. I enjoyed politics and I liked selling. I decided to start by hiring part-time students from Pace College which was right next door to my office. They would work with me for a few hours a day. I was out there having breakfast, lunch, dinner and drinks after work with every person whose hand I could shake. And the first year there was a bonanza of new business.
HHM CPAs Receives 2 Awards From Association For Accounting Marketing - Chattanoogan.com
HHM Certified Public Accountants, a full-service CPA and consulting firm with locations in Chattanooga and Memphis, was awarded two Association for Accounting Marketing's Marketing Achievement Awards. The AAM-MAAs are awarded to accounting firms finding the best, most innovative ways to connect with their clients and prospects, said officials.
* * *
HHM CPAs won in the category of Best Marketing and PR Campaign, Recruiting for their summer leadership program, HHM Experience. The program, launched in 2019, is a two-day leadership program for accounting students interested in a career at a public accounting firm.
Accounting firm adds five shareholders | Nashville Post
Brentwood-based accounting and business consulting firm LBMC announced Monday it has named five shareholders in its tax, audit and advisory, and risk services divisions.
The additions come as the company recently surpassed 700 employees and gives LBMC 63 shareholders, according to a release. The company also operates offices in Chattanooga and Knoxville.
Jennifer Costello, a CPA in the audit and advisory division, oversees assurance engagements and client relationships for family-owned and other closely held entities. Her industry experience includes construction, engineering, manufacturing, distribution, restaurant and retail. Costello (pictured) serves as board treasurer of the Nashville Chapter of the National Association of Women in Construction.
GASB releases guidance on cloud-based IT subscriptions | Accounting Today
Statement No. 96 takes effect for fiscal years starting after June 15, 2022, and all reporting periods after, though GASB is encouraging early application of the standard when possible. To give state and local governments and other constituents more time to deal with the COVID-19 pandemic, the date is one year later than what GASB proposed in its original exposure draft for the standard.
Happening on Twitter
Silverfin wants to modernize accounting software with its cloud service https://t.co/KtCxwb68Hi by @romaindillet TechCrunch (from San Francisco, CA) Mon Jun 08 23:01:25 +0000 2020
No comments:
Post a Comment