Lockstep, the world’s first connected accounting cloud, announced the close of a $10 million Series A funding round led by Point72 Ventures with participation from Clocktower Ventures and Revel Partners.
Founded in 2019, Lockstep helps more than 180 customers process over 800 thousand invoices per month with almost 4 million entities. Lockstep integrates over 40 ERP and accounting solutions into its connected accounting cloud. Lockstep was recently named a Major Player in the IDC MarketScape : Worldwide SaaS and Cloud-Enabled Accounts Receivable Automation Applications for Midmarket 2020-2021 Vendor Assessment (doc # US47032320, December 2020 ).
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Berdon LLP Wins ClearlyRated's 2021 Best Of Accounting Award For Service Excellence
"We are thrilled that our clients' feedback resulted in Berdon winning ClearlyRated's Best of Accounting® Award," said Mark Bosswick , CPA, J.D., LL.M., Managing Partner. "This accolade emphasizes our role as a trusted service provider and confirms that our clients recognize the value in our services. The information collected will help us continue to improve how we help protect our clients, their families, and their businesses."
NWC noted for quality accounting program | News | nwestiowa.com
ORANGE CITY—Sioux County Youth Fair Board president Craig De Haan presented to the Sioux County Board of Supervisors during its Jan. 12 meetin…
Accounting software startup Lockstep raises $10M to help businesses better manage cash flow
Lockstep , a Seattle startup using software and the cloud to improve accounting practices, has raised $10 million in a Series A funding round, the company announced Wednesday.
"We founded Lockstep on the belief that accounting deserves better tools to keep their books in sync with customers and vendors for reliable and predictable cash flow," Lockstep co-founder and CEO Peter Horadan said in a news release.
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2021 CPA Success Index: Expanded rankings of the nation's 521 largest collegiate accounting
The National Association of State Boards of Accountancy publishes CPA pass rates for varied sizes of schools. NASBA's data is useful, but it only measures single-section pass rates.
In 2020, we examined most recent available data (2018) for the 248 collegiate accounting programs with greater than 60 candidates that NASBA defines as "large." We found that candidates in that group passed an average of 1.16 sections per year on the first attempt.
The technology behind a CAS practice | Accounting Today
An online accounting program is the core of a modern Client Accounting Services practice — but it's not the only tool accountants are bringing to bear, and this report will dive into the broad ecosystem of applications they can leverage, and how to make them all work together.
Blog: SEC enforces a clawback for accounting violations | Cooley LLP - JDSupra
Remember the clawback provision of SOX 304? That provision provides a reimbursement remedy against CEOs and CFOs when the issuer has restated its financial statements as a result of misconduct. Although the provision was enacted in 2002, it wasn’t until 2007 that an executive was successfully hit with a clawback claim (and a big one it was—the executive returned approximately $600 million in cash and options).
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“an issuer is required to prepare an accounting restatement due to the material noncompliance of the issuer, as a result of misconduct, with any financial reporting requirement under the securities laws, the chief executive officer and chief financial officer of the issuer shall reimburse the issuer for—
Evanich Accounting purchases Hoopes firm in Alliance
Evanich Accounting & Tax LLC has purchased K.W. Hoopes & Associates and will retain the locations and staff members of both firms.
Kenny Hoopes, CPA, CFA, founded K.W. Hoopes & Associates in 1985, and he is beginning the transition to retirement.
"My staff and I look forward to joining the Evanich team. We have already begun working with Rudy and his staff to integrate our systems," Hoopes said.
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