Friday, October 23, 2020

Lockstep debuts ‘accounting inbox’ for AR and AP | Accounting Today

Lockstep has debuted its first product, cloud-based software that functions as an inbox for accounts payable and receivable. The product has been in beta test mode since 2019 with 200 business customers, and now upon its release integrates with a reported 40 accounting and enterprise resource planning platforms.

Lockstep has functions to assign work, create workflows, divide up work and track progress, all of which is visible within a shared team workspace. Lockstep also provides profile management for customers and vendors to self-verify their corporate information, contacts and compliance records, with the goal of creating trust between vendor accounting departments.

Publisher: Accounting Today
Date: 2020-10-21T17:19:56.788
Author: https www accountingtoday com author ranica arrowsmith
Twitter: @AccountingToday
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Many things are taking place:

Postponed Import VAT Accounting Rules in the U.K.'s Key Trading Partners
Twitter: @tax
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Molecular Data Inc. Announces Change of Independent Registered Public Accounting Firm Nasdaq:MKD

The reports of E&Y on the Company's consolidated financial statements for the fiscal years ended December 31 between 2016 and 2019 have contained no adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles.

During the Company's fiscal years ended December 31, 2017, 2018 and 2019 and through the subsequent interim period on or prior to October 23, 2020, neither the Company nor anyone on its behalf has consulted with MarcumBP on either (a) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company's financial statements, and neither a written report nor oral advice was provided to the Company

Publisher: GlobeNewswire News Room
Date: 10/23/2020 11:50:00 AM
Author: Molecular Data Inc
Twitter: @globenewswire
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Hearings begin in Samsung vice chairman Jay Y.

The trial of Samsung leader Jay Y. Lee, who is accused of accounting fraud and stock-price manipulating, held its first hearing today at the Seoul Central District Court.

Lee was not present for the hearing. Vietnamese state media reported that he was in Vietnam earlier this week to discuss investments with Prime Minister Nguyen Xuan Phuc.

During the hearing today, Lee's attorney said that the merger and accounting process were part of normal management activities, reported Channel News Asia .

Publisher: TechCrunch
Date: 2020-10-22 02:00:36
Twitter: @techcrunch
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Check out this next:

Accounting Manager, Corporate Accounting | eFinancialCareers
Publisher: eFinancialCareers
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2020's impact on the hiring market for accountants: Will you adapt your business?

As the rollercoaster that is 2020 brings ups, downs and twists that impact people, businesses and nations, hiring in the accounting and finance industry is experiencing its own wild ride. At the beginning of this year, all signs pointed to a tight and challenging labor market for hiring qualified finance and accounting professionals. Fast forward to today, and much has changed about the employment landscape and what candidates are looking for.

Publisher: Accounting Today
Date: 2020-10-22T15:23:35.797
Author: https www accountingtoday com author ted bickford
Twitter: @AccountingToday
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Mazars rebranding highlights global scope | Accounting Today

International tax, audit and advisory firm Mazars has launched a new global brand identity that it expects will reaffirm its commitment to "a fair and prosperous world" — as well as help position it as an alternative to the Big Four for large multinational clients.

"The rebranding has been two years in the making, and it's part of a broader evolution of Mazars globally and here in the U.S.," Victor Wahba, chairman and CEO of the independent member firm of Mazars in the U.S., told Accounting Today . "It's designed to reinforce how we work together as one team and across all 90 of the countries that we operate in."

Publisher: Accounting Today
Date: 2020-10-23T04:27:23.74
Author: https www accountingtoday com author daniel hood
Twitter: @AccountingToday
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Connected Accounting review | TechRadar

You get quite a lot for your money with Connected Accounting, with a package that handles accounting, enterprise planning and a host of other office chores too.

With its emphasis on small to medium-sized businesses, Connected offers a raft of features and functionality while keeping things suitably simple and user-friendly. Alongside accounting services, the package can also be integrated with other features including the ability to process credit cards, run payroll tasks or it can be utilized as part of a larger enterprise accounting package.

Publisher: TechRadar
Date: 2020-10-22T07:56:31 00:00
Author: https www facebook com TechRadar
Twitter: @TechRadar
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