The International Accounting Standards Board is looking into the standards for consolidated financial statements, or group accounting.
The IASB, like the Financial Accounting Standards Board in the U.S., carries out post-implementation reviews of existing standards to see how companies have adjusted to them and how well they have worked over time. In the U.S., FASB's new chairman, Richard Jones, is placing greater emphasis on the PIR process after FASB recently inherited the job of doing such reviews from its parent organization, the Financial Accounting Foundation, which had been conducting them in the past.
This may worth something:
WSCC updates accounting program | News, Sports, Jobs - Marietta Times
Photo provided Associate Professor of Accounting Christina Gater with student Johnathon Carpenter.
The newly redesigned Accounting Technology program at Washington State Community College is adding up to increased access for adult learners and working students.
When accounting associate professor Christina Gater began working for the college in 2019, she repeatedly saw students who, due to work and family obligations, couldn’t finish their degree, and many others who had the desire, but simply could not commit to the pursuit of a degree.
GE Settles SEC Accounting/Disclosure Issues, Paying $200 Million - Lexology
Cases tied to issuer accounting questions and disclosures have long been a staple of the Commission’s Enforcement Division. In recent years the agency has launched a number of initiatives focused on these issues. While some cases were generated, eventually the efforts seemed to fade.
There are some recent suggestions that the Division may be about to regenerate earlier trends in the area with a data driven approach. For example, as the fourth quarter of the last government fiscal year ended the Division filed several accounting cases in the blitz of actions initiated before year end. Last week a settled action centered on false statements by an issuer built on a failure to disclose certain accounting data shared with potential lenders but not the public.
VirTra Appoints Marsha J. Foxx as Interim Vice President Chief Accounting Officer Nasdaq:VTSI
TEMPE, Ariz., Dec. 11, 2020 (GLOBE NEWSWIRE) -- VirTra, Inc. (NASDAQ: VTSI) , a global provider of training simulators for the law enforcement, military, educational, and commercial markets, has appointed Marsha J. Foxx as Interim Vice President Chief Accounting Officer to replace outgoing Chief Financial Officer Judy Henry, who, as previously announced in November 2020, will be retiring this month.
Foxx brings to VirTra over 20 years of experience in financial operations, business transformation strategies, and all phases of the accounting processes and controls. Throughout her career, she has held numerous leadership positions in a variety of industries including technology and healthcare.
Quite a lot has been going on:
Importance of an accounting course to college students | Branded Voices | Advertise
Accounting is a great course to study in college since you will develop critical skills and knowledge applicable in numerous business industries. The advantage is that, as long as there are businesses globally, an accountant will be the vital figure. Such skills are the best when you need to jump-start your career. An accountant's work is to assess and make financial records to help know about business performance.
Before you decide on this course as a career, you need to know of its benefits, below are the reasons to choose this career:
Anduin Talks ML In Accounting AR Tech | PYMNTS.com
In the accounting profession, manually having to determine the fiscal value of services provided, and creating physical documents to bill clients, is a significant use of valuable time that could otherwise be spent on driving revenue for the firm.
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Today, many accountants continue to rely on outdated processes to create lackluster invoices for their customers. As Morrell explained, this process is a huge time-suck for accountants that should be focusing on value-added tasks. Plus, he noted, the manual nature of generating invoices means bills are often sent weeks or even months to a customer after services are actually delivered, causing payment delays.
Countries accounting for 70% of global economy declare commitment to zero emissions goal -
LONDON, December 13. /TASS/. The countries that account for 70% of the global economy remain committed to zero carbon emission goals, according to a final statement of the Climate Ambition Summit 2020, held in a virtual format on Saturday.
"Today’s Summit showed beyond doubt that climate action and ambition are on the rise.
On the fifth anniversary of the Paris Climate Agreement, Finland, Austria and Sweden declared they were ready to achieve the zero carbon emission goal by 2030, 2040 and 2045, respectively.
Sequential Brands Accused of Accounting Fraud - CFO
Brand management company Sequential Brands has been charged with ignoring "clear evidence" of goodwill impairment to create a false impression of financial health while its stock price was falling.
The U.S. Securities and Exchange Commission said Sequential began improperly accounting for goodwill in the fourth quarter of 2016, turning a net loss into a profit, after conducting internal fair value calculations that showed it would fail the first step of its disclosed two-step impairment test.
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