Portland-based accounting firm BerryDunn on Wednesday announced that Sarah L. Belliveau will succeed John Chandler as CEO and managing principal.
She is due to take the reins starting on July 1, becoming the first woman and fourth person overall to lead the firm, a spokesperson told Mainebiz.
Belliveau, who currently leads BerryDunn's not-for-profit practice, was selected after a rigorous internal process by an 11-member internal selection committee and an outside consultant that began in July 2020.
Customers Bank Announces Promotions and New Hire in Accounting Department | Business | The Daily
Customers Bank, the super-community bank subsidiary of Customers Bancorp (NYSE: CUBI) with $18.8 billion of assets at March 31, 2021, this week announced the promotion of Jessie John Velasquez to Executive Vice President, Chief Accounting Officer; the hiring of Lisa L. Schmoke as Senior Vice President, Corporate Controller; and the promotion of ThanhNga (Julia) Hoang to Vice President, SEC Reporting Manager.
"These are three extraordinary professionals who bring real depth and experience to the complexity of our financial, accounting, and reporting work," said Chief Financial Officer Carla Leibold. "We are excited to have them as part of our accounting department leadership team."
Our view: Problems with state accounting, again | Editorials | eastoregonian.com
The Oregon Secretary of State's Office audits tell us what we know but need to be reminded about: State government makes mistakes with money.
Every year there's a roundup of these mistakes. And it's clear it's necessary. For the fiscal year 2020, state auditors found $6.4 billion in accounting errors. That's right, $6.4 billion.
Those were unintentional mistakes. It's not like somebody was trying to abscond with $6.4 billion. They were mistakes. Basically, numbers were put in the wrong column and later caught thanks to state audits. It does make you wonder what wasn't caught.
Tax Accounting Services Market to reach USD 5.58 billion by 2025 | SpendEdge | National |
NEW YORK, June 16, 2021 /PRNewswire/ -- SpendEdge has been monitoring the Tax Accounting Services Market and it is poised to grow by USD 5.58 billion during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
SpendEdge suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. SpendEdge's in-depth research has direct and indirect COVID-19 impacted market research reports.
Accounting Automation Solutions By BlackLine Complement New Rise With SAP® Offering
BlackLine offers cloud-based solutions for SAP® software that enable fast time-to-value for businesses moving to SAP S/4HANA® Cloud
BlackLine helps businesses streamline the financial close and other critical accounting processes by providing automated balance-sheet substantiation and intercompany governance functionality within a controlled, end-to-end solution.
"SAP offers solution extensions from BlackLine that complement RISE with SAP and help bring added value to customers," said Martin Naraschewski, senior vice president, global head of line of business finance for SAP. "We look forward to our continued partnership with BlackLine to help enable customers on their journey towards digital transformation."
Crypto Accounting Is Changing – How Proof Of Reserves Could Improve Crypto Reporting
How can crypto custodians, crypto trading exchanges, and (ultimately) crypto banking institutions prove to external parties that reserves are indeed what they say they are? This is a pivotal question that continues to come to the surface, with a potential solution recently put forward; Proof of Reserves (PoR).
Clearly the cryptoasset space has developed far beyond the concepts outlined in the bitcoin blockchain whitepaper, and as the ecosystem continues to grow the need for auditability is also increasing. This might strike some as a bit of a paradox, especially since the idea of blockchain is that it creates an immutable and transparent ledger; this is absolutely true.
CoinGeek Zurich: How accounting evolves from single-entry to triple-entry accounting - CoinGeek
Triple-entry accounting is in a position to significantly increase efficiency across accounting and auditing; and on the first day of the CoinGeek Zurich conference, CoinGeek's Chief Bitcoin Historian Kurt Wuckert Jr. moderated a panel with three triple-entry accounting experts—financial cryptographer Ian Grigg; Torje Sunde, CTO of triple entry accounting solution provider Abendum; and Juan Ignacio Ibañez, the Centre Administrator at UCL’s Centre for Blockchain Technologies.
Technology can improve ESG reporting | Accounting Today
Companies can streamline their environmental, social, and governance reporting using technology, according to a recent report.
Littan compared it to Extensible Business Reporting Language, or XBRL, which the Securities and Exchange Commission now mandates for financial filings from public companies and other types of issuers. XBRL uses a common data-tagging format to make it easier for investors and analysts to compare different companies and industries. It's also part of the U.S.
FASB proposes discount rate guidance for nonpublic lessees | Accounting Today
The Financial Accounting Standards Board released a proposed accounting standards update Wednesday with the goal of improving the discount rate guidance for lessees that are not public businesses, such as private companies, not-for-profits and employee benefit plans.
However, some private companies have told FASB they're reluctant to use the risk-free rate election for all their leases. They pointed out that in the current economic environment, a risk-free rate (such as a U.S. Treasury rate) is low compared with their expected average incremental borrowing rates, and that using the risk-free rate election could increase an entity's lease liabilities and right-of-use assets.
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