COLUMBIA, Md. , May 18, 2021 /PRNewswire/ -- Native Salesforce Partner, Accounting Seed, brings its 15,000 users a revitalized bank reconciliation module with a redesigned user interface (UI) that is more effective and efficient, working in tandem with their latest Bank Direct Connect redesign.
"We have the customer's needs at the forefront of each release," said Accounting Seed Chief Operations Officer, Caroline Beatson . "The Koali Release brings more automation, an enhanced UI, and real-time calculations that puts more power in the user's hands to manage their bank reconciliation with ease."
Balance Sheet Liabilities Continue to Climb for Private Companies Amid Lease Accounting
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210518005278/en/
In an expanded analysis of balance sheets from more than 950 companies pre- and post-transition to ASC 842, the report cautions private companies—many of whom are behind schedule in their transition to the new standard, despite warnings from public companies and other early adopters—that they may be surprised by how much they'll have to overhaul their financial snapshot.
Expert Doubts Jan. 6 Commission Will Produce A Fair Accounting : NPR
NPR's Steven Inskeep talks to ex-CIA officer John Sipher about his skepticism that a bipartisan commission put together by lawmakers will produce a full accounting of the Jan. 6 attack on the Capitol.
Key lawmakers in Congress have agreed to create a bipartisan independent commission to investigate the January 6 attack on the Capitol. It's billed as a 9/11-style commission. After that attack in 2001, widely respected officials from both parties led a review of what went wrong and what needed to change, and their report even became a best selling book. Now, we're told, 10 commissioners - five Democrats, five Republicans - would use subpoena power to try to replicate that.
Cryptocurrency? Digital Asset? What's the Accounting? - FEI
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As digital assets continue to make the headlines and push into the mainstream of finance, more questions are popping up on the accounting implications. In this episode , our PwC accounting podcast series host, Heather Horn, and guests discuss the emerging asset class of cryptocurrencies and what it means for your financial statements.
Listen to our episode Cryptocurrency? Digital asset? What’s the accounting? and follow PwC's accounting podcast series to hear PwC specialists discussing today's most compelling accounting and financial reporting issues.
Accounting firm registrations declining at PCAOB | Accounting Today
The report also covered the board's ongoing execution of the five-year strategic plan in launched in 2018; part of the plan includes being ready to respond to a changing environment, including emerging technologies – which came in handy when the board found itself facing the beginning of the COVID-19 pandemic.
"When the pandemic hit, we were prepared not only to transition our entire workforce to a remote environment, but also to adapt our oversight activities to address the financial reporting and auditing risks that arose out of the pandemic," Chairman William Duhnke wrote in his introductory letter.
KPMG In Canada Debuts SMB Cloud Accounting | PYMNTS.com
KPMG in Canada is rolling out a new cloud accounting offering called Finance Plus, which is meant for those who own small to medium-sized businesses (SMBs) who don't have the time or in-house expertise to handle their bookkeeping and financial reporting, according to a Monday (May 17) announcement .
"Each Finance Plus customer is assigned a highly trained and experienced KPMG virtual accountant, backed by KPMG's professional network of trusted business advisors," Fedy said in the announcement.
What does an accounting firm do? | Dailybio News
Accounting firms are an integral partner to business owners due to their wide range of services that they provide. They help business and companies to be tax compliant, stay financially organized which result in business growth. However, accounting firms vary and not all of them provide the same services.
It is a legal requirement for all companies to conduct annual audits. An audit can be defined as an investigation into a business or company ensuring that the accounts give an accurate reflection of the status of the business. Such heavy lifting can only be done by chartered accountants so that any misconduct does not reflect the status of your business. Audit work varies from financial, safety provisions, environmental impact, IT security and a company's health.
How Abendum's triple entry accounting is disrupting the auditing industry - CoinGeek
Blockchain-based solutions are the perfect fit for the accounting industry; that is one reason why Bitcoin -based triple entry accounting firm Abendum was selected by the Financial Supervisory Authority of Norway as a participant in its regulatory sandbox.
The startup Abendum has barely existed a year and will be ready with an MVP in April. That was enough for The Financial Supervisory Authority of Norway to choose them as the only participant in pool #2 of its regulatory sandbox. Article in Norwegian. https://t.co/FbLdKNoZzD
Restatements Surge as SPACs Stumble Over Same Accounting Error
When a company admits it made a big accounting error and has to redo past financial statements to fix it, unflattering headlines and stock price slips often follow.
More than 170 of the 200-plus companies that have announced they have to restate past financial statements so far this year are special purpose acquisition companies or companies that went public via a SPAC merger, according to Audit Analytics. The number of accounting mistake admissions in the past month alone is almost double all of 2020's restatements combined—and more are on the way.
Happening on Twitter
Soorarai Pottru: Suriya starrer enters IMDb's top rated films list; becomes the third highest rated movie… https://t.co/b40NvduLMF bollybubble (from Mumbai, Maharashtra) Mon May 17 13:28:08 +0000 2021
Suriya's Soorarai Pottru grabs one of the top-most spots on IMDB's highest-rated movie list; here's where it ranks… https://t.co/KUQLi536cQ bollywood_life (from Mumbai) Tue May 18 07:21:02 +0000 2021
#SooraraiPottru: #Suriya's Film is 'Third-Highest' on #IMDb But Doesn't Feature on Site's Top-Rated 250 Movies - He… https://t.co/1dxPmwrFi3 latestly (from Mumbai, India) Mon May 17 13:53:15 +0000 2021
GREAT NEWS! 👏👏👏 . @Suriya_offl #sooraraipotru https://t.co/VXwQvBhU4V indiatimes Mon May 17 08:37:22 +0000 2021
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