Saturday, December 26, 2020

Coolest Cooler, in final accounting, cost its Kickstarter backers more than $4 million -

Coolest Cooler was an online sensation in 2014 and became one of the biggest projects in crowdfunding history. It also turned into Kickstarter's biggest fiasco. Beth Nakamura/The Oregonian

Coolest Cooler was fast becoming a national sensation in 2014 when Susan Grossman first saw it on Good Morning America.

The novelty ice chest came with a built-in bottle opener, USB charger, LED lights, a wireless speaker and a blender for mixing drinks on the beach. It sounded like a delight and, at $200 apiece, Grossman decided she would buy one for herself.

Publisher: oregonlive
Date: 2020-12-26T16:06:42.330Z
Author: MikeRogoway
Twitter: @oregonlive
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Were you following this:

Two receive inaugural Kenneth Chung Memorial Accounting scholarships | News | Jamaica Gleaner

Francis was one of two recipients of the inaugural Kenneth Chung Memorial Accounting scholarship last Friday. His son, Dennis Chung, said the scholarship is one of the ways the family of the late accountant hopes to honour his legacy.

"He was someone who was very serious about education and he was actually the one who funded the education for most of his siblings," said Chung, a chartered accountant.

Date: 2020-12-26T00:06:41-05:00
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Virtual Revenue Recognition Accounting Update (ASC 606) Conference 2021

Get your annual revenue recognition update here! The new Revenue Recognition Standard made a significant impact on the way most companies recognize revenues. Best practices continue to evolve and there are a number of areas where companies are still searching for answers.

This conference assumes you are already familiar with the five-step model. It will address the latest developments in key areas, significant changes, scope, disclosure, and impacts.

* * *

The format of this session will be interactive and led by a moderator. Three industry panelists will briefly introduce their companies and discuss their revenue recognition hot topics. Questions will follow from the moderator and attendees.

Twitter: @Yahoo
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Forensic Accounting Market Size 2020: Global Sales Revenue, Emerging Technologies, Major Players,

Global “ Forensic Accounting Market – Strategic recommendations, Trends, Segmentation, Use case Analysis, Competitive Intelligence, Global and Regional Forecast to 2026” report provides qualitative and quantitative information covering market size breakdown, revenue, and growth rate by important segments. The Forensic Accounting market report provides a competitive landscape of major players with the current industry scenario, market concentration status.

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Other things to check out:

RPM, Chief Compliance Officer Settle SEC Claims of Accounting, Disclosure Violations - WSJ

RPM International Inc. and its general counsel and chief compliance officer, Edward Moore, have agreed to pay more than $2 million to settle the U.S. Securities and Exchange Commission's claims they violated accounting and disclosure rules.

RPM, a specialty coatings, sealants and building materials manufacturer, was under a Justice Department investigation from 2011 to 2013 that looked into whether the company had overcharged the government on some of its contracts, according to the SEC.

Publisher: WSJ
Date: 2020-12-23T22:52:00.000Z
Author: Kimberly Chin
Twitter: @WSJ
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Antares Group Inc. joins accounting association CPAmerica | News | news-daily.com

Now, more than ever, the world needs trustworthy reporting—but good journalism isn't free. Please support us by subscribing or making a contribution today.

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Publisher: Clayton News
Author: From Staff Reports
Twitter: @theclaytonnews
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The Top 100 People: Preparing for an uncertain future | Accounting Today

As part of this year's survey, Accounting Today asked, "What one thing would you recommend accountants do to prepare for the future?"

The T100 identified many areas in need of transformation, while acknowledging that the coronavirus pandemic has only heightened this urgency. Learning new skills, rethinking old business models, and adopting a greater awareness of all the ways the profession and the world at large is evolving were common themes.

Publisher: Accounting Today
Date: 2020-12-23T14:01:38.407
Twitter: @AccountingToday
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It's time for nonprofits to focus on their finances | Accounting Today

I've seen outreach to my accounting and financial firm, which specializes in small to midsized nonprofits, skyrocket in recent months. There seems to be a renewed awareness of how important clean financial books are for a nonprofit's overall viability. The folks who run nonprofits are experts in their missions, but don't always have the business experience to guide their teams to a clean bill of financial health. That's why their fiscal challenges often stem from their bookkeeping.

Publisher: Accounting Today
Date: 2020-12-23T14:00:57.652
Author: https www accountingtoday com author amy karson
Twitter: @AccountingToday
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The Relevance Of The Natural Sciences Methods In Economics

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