Thursday, September 17, 2020

Accounting firm raising money for nonprofits to mark Virginia CPA Week -

CHARLOTTESVILLE, Va. (CBS19 NEWS) -- A Charlottesville-based accounting and advisory firm is helping two local causes.

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According to a release, the firm is using its social media platform to encourage those who want to recognize the work of CPAs to donate to the Dr. Lorna Breen Heroes’ Fund or the Emergency Food Network.

“Our team members are committed to making a positive difference for our clients and our community, so using this time to highlight a few local nonprofits felt like the best way to celebrate the work our CPAs do,” said Jennifer Lehman, the CEO of Hantzmon Wiebel LLP.

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Quite a lot has been going on:

Accounting and auditing firm PwC appoints new Chicago leader

Auditing and consulting giant PricewaterhouseCoopers has tapped Carina Markel as its new Central Market managing partner and as the leader of its Chicago office, effective today, according to a company statement.

Markel is the first woman and the first person of color to be appointed to lead the region for PwC, and part of her focus in the new role will be pressing ahead with a company diversity and inclusion initiative, she says. She’ll oversee a regional staff of about 6,000, with Chicago as the largest office and employees in Minneapolis, St. Louis and Des Moines.

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Publisher: Crain's Chicago Business
Date: 2020-09-17T06:00:00-0500
Author: Lynne Marek
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Inaugural Bowdon Chair in Accounting Introduced at A-State


(From left) Kelly Damphousse, chancellor; Steven Muzatko, H.B. Foster Bowdon Chair of Accounting; and Dudley Bowdon, CPA, gather in front of the Neil Griffin recognition display.

One of the veterans was F. O'Neil Griffin of the Needham community, a Navy veteran who acquired the educational foundation that eventually took him far in the world of business.  In 2018, Griffin committed a gift of $10 million to Arkansas State University as a way to give back to the institution he largely credited with his success.

Date: 2020-09-16
Author: Arkansas State University
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Banks in accounting, and other tech stories you may have missed | Accounting Today
Publisher: Accounting Today
Date: 2020-09-16T13:03:19.26
Author: https www accountingtoday com author gene marks
Twitter: @AccountingToday
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And here's another article:

Your job is changing — and that's a good thing | Accounting Today

Ten years ago, clients really needed their CPAs to run the numbers, fill in boxes and create financial reports. Not anymore. Now we have computers that can do tax returns faster and more efficiently than humans can. What clients need CPAs for is relevant, personalized advice. Machines can't ask a client how their family is doing or when they want to sell their business or what they'd like to do in retirement (at least for now).

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Look at the Career Opportunities website section of the largest accounting firms in your area. You don't see as many openings for Auditor or Tax Specialist as you used to. Instead you'll see listings for "Salesforce Implementation Specialist" or "Systems Engineer." The top firms you compete with are hiring specialists to help clients with a whole new set of problems.

Publisher: Accounting Today
Date: 2020-09-17T15:03:54.225
Author: https www accountingtoday com author kyle walters
Twitter: @AccountingToday
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U.K. Names Chief for New Accounting Board - WSJ

The U.K. government named a chairman for a new accounting standards board, which is expected to be operational once the country's transition period with the European Union is over.

Pauline Wallace, a former partner at PricewaterhouseCoopers who also served in several regulatory roles, will head the newly created U.K. Accounting Standards Endorsement Board, according to the Department for Business, Energy and Industrial Strategy.

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Publisher: WSJ
Date: 2020-09-14T21:05:00.000Z
Author: Nina Trentmann
Twitter: @WSJ
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U.K. Accounting Watchdog Fines Deloitte, Former Partners Over Autonomy Audits - WSJ

The U.K. accounting watchdog Thursday said it has fined Deloitte £15 million ($19.5 million) and sanctioned two former partners over past audits of British software company Autonomy Corporation PLC.

The Financial Reporting Council said Deloitte and former partners Richard Knights and Nigel Mercer were disciplined after an independent disciplinary tribunal found misconduct in relation to Autonomy audits between January 2009 and June 2011.

Publisher: WSJ
Date: 2020-09-17T14:07:00.000Z
Author: Adria Calatayud
Twitter: @WSJ
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Visual Lease Brings Transparency to Lease Accounting with Newest Product Release | Business Wire

In addition to the new audit trail capabilities, Visual Lease 20.4 features enhancements to the platform's already robust filtering and sorting options within lease accounting reports. Further, those required to comply with IFRS 16 can now input opening accrued rent receivable balances within a new set of lessor operating calculations.

Date: 2020-09-16
Twitter: @businesswire
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