Detroit — Wayne County will contract with the Rehmann Group, a Troy-based financial services firm, to prepare the county's 2022 budget.
The $350,000, six-month contract was approved unanimously Thursday by the Wayne County Commission, meaning a private firm will oversee the $1.5 billion budget of Michigan's most populous county.
The position of budget director has been vacant since January 2020, when then-director Kevin Haney retired.
While you're here...
Archford Accounting adds McGowan
Archford Accounting has added John McGowan, PhD, CPA, CFE as Director of Tax Strategy to its growing team.
In his role, he will be responsible for managing client relationships, ensuring compliance of tax laws, and tax planning for businesses and individuals. McGowan develops a deep understanding of issues and develops strategic solutions. He utilizes his Certified Fraud Examiner certification to assist clients with internal controls to prevent or identify risks. He also serves as an expert witness on economic damages.
Atos Stock Plummets After U.S. Accounting Errors Disclosed
French solution provider Atos took a big stock hit today after disclosing that auditors discovered accounting errors at two of its U.S. subsidiaries.
Shares of the Bezons, France-based company fell the most in almost 2.5 years, dropping more than 21.6 percent to a low of 52.14 euros on the Paris Euronext Market before closing at 58.26 euros , down 12.4 percent.
The accounting errors were tied to the U.S.-based Atos IT Solutions and Services and Atos IT Outsourcing Services, which represent 11 percent of Atos’ 2020 revenue for the year ended Dec. 31, 2020, and 9 percent of its operating margin.
Uintah County commissioners are looking at removing accounting services from the independently
(Rick Egan | Tribune file photo) This Aug. 6, 2017, file photo shows the Book Cliffs area south of Vernal. The area has been the battleground for environmentalists and pro-development advocates who want to develop tar sands mines in the area. Uintah County commissioners are battling with the elected clerk/auditor over who has control of accounting services in the county budget, largely fueled by oil and gas-related revenues.
What did we miss?
Prosecutors Drop Accounting Fraud Case Against Former Brixmor Executives - WSJ
Federal prosecutors took the unusual step of dismissing criminal charges against former executives of shopping-center owner Brixmor Property Group Inc. , telling a judge they couldn't prove their claims of accounting fraud.
The move ends the case against Michael Carroll and Michael Pappagallo, Brixmor's former chief executive officer and former chief financial officer, respectively. Messrs. Carroll and Pappagallo were indicted in July 2019 on claims they manipulated a key earnings metric, same-property net operating income, in order to meet quarterly targets.
Secoo Selects BDO China as its Independent Registered Public Accounting Firm
BDO China is engaged to audit and report on the consolidated financial statements of the Company as of and for the year ending December 31, 2020.
Secoo Holding Limited does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release and in the attachments is as of the date of this press release, and Secoo Holding Limited undertakes no duty to update such information, except as required under applicable law.
What Are Accounting Liabilities? - business.com
To run a business successfully, you need a clear grasp on your finances. While accounting software or an accountant can do much of the heavy lifting for you, you should still understand the key components of your finances. One of the most important elements to understand is your liabilities. Knowing what you owe and to whom is critical to running a profitable business.
In accounting, liabilities are distinct from assets because, while assets can include money that someone else owes your business (such as accounts receivable), liabilities are anything that you owe to someone else. When you deduct your business's total liabilities from its assets, you're left with the shareholder equity.
Govt defers mandatory use of transparent accounting software use by year | Business Standard News
In a relief to businesses across the spectrum, the government has extended deadline for mandatory adoption of accounting software having audit trail of each and every transaction and having feature to store logs of edits.
The new MCA notification (Rule 3[1] of the Companies [Accounts] Rules, 2014) now reads: the books of account and other relevant books and papers maintained in electronic mode shall remain accessible in India so as to be usable for subsequent reference.
No comments:
Post a Comment