Tuesday, February 2, 2021

U.S. SEC charges former WageWorks executives with accounting violations | Reuters

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Tuesday it had charged a former chief executive and a former chief financial officer of WageWorks Inc with making false and misleading statements and omissions.

Publisher: U.S.
Date: 2021-02-02T21:32:06Z
Author: Reuters Staff
Twitter: @Reuters
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Green accounting starts to add up - CSMonitor.com

When Britain's regulators recently looked at whether the four largest audit firms help companies factor in the risk of climate change on financial outlooks, they found none did so. It was another example of contemporary economic thinking not accounting for nature. Now a report commissioned by the U.K. Treasury hopes to change that approach to business.

The 600-page report, prepared by a team of economists and released Feb. 1, says the worth of nature's goods and services should be prioritized over traditional measures of economic activity such as gross domestic product. Companies and governments should account for the benefits of investing in the preservation of natural assets such as plants, wildlife, air, water, and soil.

Publisher: The Christian Science Monitor
Date: 2021-02-02T14:30-05
Author: The Christian Science Monitor
Twitter: @csmonitor
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Fredonia's accounting program ranked among best in New York State | Fredonia.edu

Best Value Schools has placed Fredonia among the top 5 in its "Best 15 Accounting Schools in New York in 2021" ranking.

Fredonia was awarded 30 points in a formula based on graduation rates and tuition, just behind Stony Brook University (31), Binghamton University (32) and New Paltz (36) – all SUNY schools. Ranked behind Fredonia were four additional SUNY institutions – University at Buffalo, University at Albany, SUNY Polytechnic Institute and Farmingdale State College.

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Cloud Accounting Firm Sales Boom as Poe Group Advisors Unveils Latest Practice Listing | Business

"The accounting industry has transformed more over the past few years than we have seen in our 17 years of business," said Brannon Poe, CPA and founder of Poe Group Advisors. Poe has been facilitating the buying and selling of accounting practices throughout the U.S.

"Our team has had the opportunity to sell quite a few cloud-based firms over the past several years and we've stayed in tune with many trends that have brought about success for these businesses," shared Poe. "One being that cloud firms typically sell for much higher multiples than traditional firms."

Publisher: Valdosta Daily Times
Twitter: @TheVDT
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E78 Partners Acquires Stride Accounting Solutions | Texas | tylerpaper.com

"The demand for complete outsourced solutions continues to accelerate as companies recognize how a robust, scalable, rapidly deployable financial solution can contribute directly to their business transformation and growth," said John Signa , founder and CEO of E78 Partners.

By joining forces, E78 and Stride now offer clients a truly comprehensive finance and accounting solution built around the three main drivers of business success: people, process and technology. In particular, E78 and Stride can now provide clients a dashboard-driven reporting and data platform that delivers consolidated, integrated insights at all levels of resolution, from sophisticated summaries to granular details.

Publisher: TylerPaper.com
Author: E78 Partners
Twitter: @Tylerpaper
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Maryland's Tom Hood joins the Association of International Certified Professional Accountants -

Tom Hood, the longtime CEO of the Maryland Association of CPAs, has joined the leadership team of the Association of International Certified Professional Accountants (the Association). As executive vice president of business growth and engagement, Hood will report to Barry Melancon, CPA, CGMA, the Association's CEO.

Hood has served as CEO of the Maryland Association of CPAs (MACPA) since 1997. Prior to MACPA, Hood, CPA/CITP, CGMA, worked as a chief financial officer. He has been a longtime thought leader and driver of change among state CPA societies.

Publisher: Journal of Accountancy
Date: 2021-02-01T07:45:00.000-05:00
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Accounting profession marks centennial of first Black CPA with new diversity campaign |

On Monday, a number of prominent accounting organizations — including the American Institute of CPAs, the Diverse Organization of Firms Inc., the Illinois CPA Society, the National Association of Black Accountants and the National Society of Black CPAs — announced a national awareness campaign, dubbed the "2021 Black CPA Centennial" campaign, that looks to recognize Black CPAs in the U.S. and continue to make impactful strides across diversity, inclusion and equity across the CPA profession.

Publisher: Accounting Today
Date: 2021-02-01T20:50:53.66
Author: https www accountingtoday com author sean mccabe
Twitter: @AccountingToday
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Boeing says 118 orders for 777X no longer firm under accounting rules | Reuters

(Reuters) - Boeing Co said on Monday that 118 orders for its 777X widebody plane under development are no longer seen as firm under accounting rules that require it to regularly assess their viability, leaving it with 191 solid orders for the model.

Boeing last week announced a $6.5 billion charge on the 777X in part due to weaker-than-expected demand for the model. It also pushed back its entry into service by a year to late 2023 in anticipation of a longer, costlier certification process.

Publisher: U.S.
Date: 2021-02-02T03:14:12Z
Author: Reuters Staff
Twitter: @Reuters
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