Thursday, December 10, 2020

Broadcom Elevates Accounting Chief to CFO - WSJ

Broadcom Inc. elevated its controller and chief accounting officer to the role of finance chief as part of a series of management changes at the semiconductor firm.

The San Jose, Calif.-based company, which manufactures radio-frequency chips and circuits for mobile phones and networking stations, on Thursday named Kirsten Spears as its new chief financial officer, effective immediately. She succeeds Tom Krause, who will take over a new group at Broadcom overseeing its software operations.

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Publisher: WSJ
Date: 2020-12-11T00:19:00.000Z
Author: Mark Maurer
Twitter: @WSJ
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Accounting for sex and gender makes for better science

In Australia's Great Barrier Reef, most sea turtles being born are female because of warming temperatures — a discovery made when researchers analysed male and female populations. Credit: Jonas Gratzer/LightRocket/Getty

The funding is still awaiting sign-off from the European Union's 27 member states. But if all goes to plan, the commission will be the largest funder to require sex and gender analyses — along with analyses of other aspects of inclusion and how they interact, or intersect, also known as intersectionality — in research design. Such analyses could include disaggregating data by sex when examining cells, or considering how a technology might perpetuate gender stereotypes.

Date: 2020-12-09
Twitter: @nature
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Wolters Kluwer leader named by Accounting Today as a top influencer in the accounting profession

Accounting Today recognized Marx for "working closely with [Wolters Kluwer] users in accounting firms to deliver tools that help them do more work both better and more efficiently," and in turn helping firms better navigate the increasingly complex and challenging business landscape and take advantage of new technologies to help grow, manage, and protect their businesses and their clients' businesses.

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Wolters Kluwer Tax & Accounting is part of Wolters Kluwer (WKL), a global leader in professional information, software solutions, and services for the healthcare; tax and accounting; governance, risk and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with advanced technology and services.

Twitter: @Yahoo
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Charlottesville firm listed as a top tax and accounting firm in U.S. -

CHARLOTTESVILLE, Va. (CBS19 NEWS) -- A local company has been named as one of the top tax and accounting firms in America.

Forbes recently published its list of the top 450 such firms in the country for 2021, including nine in Virginia.

In Charlottesville, Hantzmon Wiebel LLP was named on the list. Other Virginia companies that made the list are Brown Edwards in Roanoke, Cherry Bekaert in Richmond, CST Group in Reston, Homes, Lowry, Horn and Johnson in Fairfax, Johnson Lambert in Vienna, PBMares in Newport News, Thompson Greenspan in Fairfax, Wall Einhorn and Chernitzer in Norfolk, and Yount, Hyde and Barbour in Winchester.

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And here's another article:

GE Settles with SEC for $200M Over Misleading Power, Insurance Accounting

General Electric Co. has agreed to pay a $200 million penalty to settle charges for misleading investors over how it was generating earnings in its power and insurance businesses, the U.S. Securities and Exchange Commission said on Wednesday.

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Securities regulators opened a probe into the company’s accounting practices following a 2017 surprise accounting charge of $6.2 billion by the company, which said it would need to set aside $15 billion for long-term care insurance payouts at the time.

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Publisher: Insurance Journal
Date: 2020-12-10T06:00:24 00:00
Twitter: @ijournal
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SEC accounting office acknowledges challenging year for auditors | Article | Compliance Week

Teotia said the key activities overhanging everything the Office of the Chief Accountant (OCA) does include investor protection, seeking engagement with constituents, being candid and transparent, and attaining the highest quality financial reporting.

The OCA works closely with other U.S. regulators, like the Financial Accounting Standards Board and the PCAOB, and international counterparts. Teotia stressed that to properly conduct its domestic activities, the OCA needs a broad view of international activities and different perspectives on accounting and auditing standards. Paul Munter, deputy chief accountant responsible for international activities for the OCA, noted U.S.

Publisher: Compliance Week
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Q&A: FASAB reaches milestone amid pandemic - Journal of Accountancy

Spending for relief efforts related to the coronavirus pandemic appears likely to lead to increased scrutiny of the federal government's finances for years to come.

In this environment, the Federal Accounting Standards Advisory Board (FASAB) passed a milestone in October with its 30th anniversary as the standard setter for federal agency accounting. FASAB is continuing its work to improve the federal reporting model, assist agencies in implementing a new lease accounting standard, and help federal employees get the accounting training they need through virtual means during the pandemic at substantial savings to the government.

Publisher: Journal of Accountancy
Date: 2020-12-10T10:00:00.000-05:00
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Talenom implements its growth strategy by acquiring two accounting firms in Sweden and expands to

Talenom Plc, Stock exchange release, 10 December 2020 at 14:30 EET

Talenom implements its growth strategy by acquiring two accounting firms in Sweden and expands to Växjö

Talenom Plc has agreed to acquire the accounting firms Ekonomianalys KL AB and Persson & Thorin AB in Sweden. With these acquisitions, Talenom further strengthens its position in the Swedish market and expands its operations to a new municipality, Växjö. Talenom estimates that after these acquisitions, its business operations will be on a sufficiently broad footing to enable it to profitably localise and introduce its own software in Sweden.

Publisher: GlobeNewswire News Room
Date: 12/10/2020 12:30:00 PM
Author: Talenom Oyj
Twitter: @globenewswire
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