Thursday, August 20, 2020

St. Mary’s professorships in Accounting and Law ensure top faculty

With the help of generous donors, St. Mary's University has created two professorships to help recruit and retain highly accomplished faculty in the areas of Accounting and Law, who will help propel students to academic excellence.

The University has named Mark B. Persellin, Ph.D., a faculty member of the Greehey School of Business, to the Ray and Dorothy Berend Endowed Professorship in Accounting. The University has also named Michael S. Ariens, J.D., LL.M., a faculty member of the School of Law, to the Aloysius A. Leopold Professorship of Law.

Publisher: St. Mary's University
Date: 2020-08-19T11:27:00 00:00
Twitter: @StMarysU
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Quite a lot has been going on:

Fiserv & LeaseQuery to Streamline Lease Accounting Processes

Fiserv, Inc. FISV yesterday announced a collaboration with specialized consulting-services and software-provider LeaseQuery.

LeaseQuery's CPA-approved software helps remove lease-accounting errors. The collaboration will provide Fiserv's Prologue Financials accounting-software users access to it.

Users will be in a better position to streamline their financial-accounting processes with the help of Prologue Financials' built-in automation and controls as they now get additional support from LeaseQuery's cloud-based lease-accounting capabilities that include automated lease assets, journal entries and disclosure reports.

Date: A9862C0E6E1BE95BCE0BF3D0298FD58B
Twitter: @YahooFinance
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The key to value pricing: Redefining value for accounting firm clients | Accounting Today

More accounting firms than ever are branching out, expanding beyond traditional tax and compliance services into things like advisory services to meet the expanding expectations of their clients and to position themselves as trusted advisors. Providing more services means clients are getting a better experience.

Recognizing this increased value and client experience, many firms are questioning whether they need to redefine their pricing in conjunction with their expanded service offerings.

Publisher: Accounting Today
Date: 2020-08-20T14:41:38.776
Author: https www accountingtoday com author kevin au
Twitter: @AccountingToday
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West Hartford regional accounting firm blumshapiro expands in merger - Hartford Courant

West Hartford-based regional accounting firm blumshapirois expanding its presence in Massachusetts, merging with a firm that specializes in providing services to early stage and mid-size companies, it was announced Thursday.

The merger with The Brighton Co. of Burlington, Mass., which offers outsourced chief financial officer, controller and accounting services, will push blumshapiro's workforce to more than 500, 282 of those in Connecticut.

Publisher: courant.com
Date: 5BD4D8882CFBE697785FCAC5BBA5F612
Author: Kenneth R Gosselin
Twitter: @hartfordcourant
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This may worth something:

Business Accounting Software Market Analysis Highlights the Impact of COVID-19 (2020-2024) |

Technavio has been monitoring the business accounting software market and it is poised to grow by USD 1.64 billion during 2020-2024, at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200819005456/en/

Date: A9862C0E6E1BE95BCE0BF3D0298FD58B
Twitter: @YahooFinance
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Persefoni launches with $3.5 million and a carbon accounting system for big business –

The two men met at Chesapeake Energy Corp., an Oklahoma City-based energy company focused on oil and gas extraction that ranks as one of the biggest polluters in the world .

Their timing proved to be fortuitous, as Chesapeake Energy was forced to declare bankruptcy less than a year later. But even as Chesapeake was hitting hard times, Offerman and Kawamori were ramping up their work on Persofoni, which was officially incorporated in January.

The company provides businesses with the equivalent of enterprise resource planning software to set up the scope of their carbon reporting based on established guidelines and provide a window into a company’s emissions profile.

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Publisher: TechCrunch
Date: 2020-08-18 16:00:15
Twitter: @techcrunch
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Top Accounting Firm, TMW Financial Solutions with CEO Tranika Warner, Helps Business Owners

NEW YORK, NY / ACCESSWIRE / August 19, 2020 / If you need help with your business and have been wishing to find better ways in handling your revenues, then Tranika Warner and her accounting firm, TMW Financial Solutions, might be the answer to ... Dendy Media

Tranika Warner used to work for Corporate America for 7 years to handle commercial property management before she became the CEO of her own accounting firm naming TMW Financial Solutions. During her time in Corporate America, Warner always finds herself leaning towards her accounting side through the way she helped owners manage their properties and did accounting.

Date: A9862C0E6E1BE95BCE0BF3D0298FD58B
Twitter: @YahooFinance
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The Auditor's Role in Lease Accounting - FEI

A new survey by LeaseQuery found that 44% of accountants said their auditor had no involvement in their lease accounting transition process leading up to the first post-transition audit.

Josh Mortensen: What were the most significant lessons learned by public companies after transitioning to ASC 842 and IFRS 16 that may be helpful to non-public companies?

Many public companies identified that they had a number of embedded operating leases that were previously not recognized. Companies needed to identify and record these lease agreements. Further, companies found the selection of the discount rate was more complex under ASC 842, since the definition has changed and the company can no longer use the Company’s general borrowing rate obtained from the Treasury Department, but instead using a rate specific to borrowing for a similar asset.

Twitter: @FEInews
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