Wednesday, June 9, 2021

Pennylane raises $18.3 million for its accounting service – TechCrunch

French startup Pennylane has raised a new $18.3 million funding round (€15 million). Interestingly, this is Sequoia Capital's first investment in France after they announced ambitious expansion plans in Europe.

If you're not familiar with Pennylane, the startup has been developing an accounting platform that improves accounting for both clients and their accountants. Focused on small and medium companies, the company has already attracted hundreds of clients as it says 1,000 executives are currently using Pennylane.

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Publisher: TechCrunch
Date: 2021-06-09 00:10:57
Author: Romain Dillet
Twitter: @techcrunch
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Job Alert: Openings in accounting, maintenance | KARK

EDUCATION AND EXPERIENCE:   Bachelors degree. At least three years closely related work experience in Financial Aid, Higher Education or Finance related field. At least 12 months of direct supervisory experience.

ABOUT THE COMPANY :   ASU-Beebe is a public two-year college with its main campus located in Beebe, Arkansas on the 67/167 corridor approximately 35 miles north of the state's capitol of Little Rock.

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Publisher: KARK
Date: 2021-06-08T18:00:00 00:00
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Just Five Cops Face Serious Penalties in De Blasio's Promised Accounting of NYPD Protest

Just five NYPD officers are facing potentially significant discipline stemming from misconduct captured on video during last year's racial justice protests — out of 64 cases investigated by the department at Mayor Bill de Blasio's behest.

Investigators from the NYPD's Internal Affairs Bureau substantiated or partially substantiated an additional nine allegations of misconduct — but those findings resulted in relatively minor discipline, ranging from verbal reprimands to the loss of five days vacation, officials said.

Publisher: THE CITY
Date: 2021-06-08T21:58:45-04:00
Author: Yoav Gonen
Twitter: @THECITYNY
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Deadline extended: Accounting Today's 2021 VAR 100 | Accounting Today

The deadline has been extended for submissions to Accounting Today's VAR 100 ranking of the top value-added resellers of accounting and accounting-related software by revenue.

Publisher: Accounting Today
Date: 2021-06-09T15:06:57.323
Author: https www accountingtoday com author ranica arrowsmith
Twitter: @AccountingToday
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SS&C Surpasses 50 Clients on its Digital Accounting, Analytics and Operations Platform,

"SS&C Singularity optimizes our operations for today's complex investment environment," said John Robison , Chief Investment Officer at American Fidelity Assurance Company. "SS&C's modern, flexible technology, coupled with the firm's deep insurance investment accounting, regulatory expertise and servicing across traditional and alternative assets, puts us in a strong position."

"We are pleased with the adoption of Singularity on a SaaS, co-sourced or fully-outsourced basis. The global pandemic and persistent low interest rate environment have highlighted the need for insurance companies to re-align their investment operating models. Equally important is the need for more robust, holistic AI-driven data analytics across the entire investment portfolio," said Bill Stone , Chairman and CEO of SS&C Technologies.

Date: 9D28F7743C790DD88F2D9C7375EF7ED5
Author: SS C
Twitter: @PRNewswire
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State audit finds $34 million in accounting errors at Rowan-Cabarrus Community College -

SALISBURY — A regular state audit of Rowan-Cabarrus Community College’s finances showed millions of dollars in accounting errors and internal control problems.

The audit, published by the state auditor’s office on Monday, covered the 2019-2020 fiscal year and found “significant misstatements” in the college’s financial statements submitted for audit.

The audit says a lack of adequate internal controls resulted in the omission of $14.6 million in capital assets, misclassification of $16.2 million in completed construction as “in progress,” a $2 million understatement of supplies and services expenses that should have been listed in construction in progress and a $1 million overstatement of the college’s balance at the beginning of the current financial period.

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Publisher: Salisbury Post
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SASB and IIRC complete merger to form Value Reporting Foundation | Accounting Today

The Sustainability Accounting Standards Board and the International Integrated Reporting Council finalized their merger Wednesday to form the Value Reporting Foundation and unite their environmental, social and governance reporting frameworks.

They plan to continue to develop tools to help organizations with ESG reporting and bring together staff across four continents. They also intend to work with the International Financial Reporting Standards Foundation as it prepares to launch an International Sustainability Standards Board as part of a technical working group.

Publisher: Accounting Today
Date: 2021-06-09T14:52:22.889
Author: https www accountingtoday com author michael cohn
Twitter: @AccountingToday
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Cloud-Based Accounting Services Provider Complete Controller Adds New Office in San Diego |

SAN DIEGO, June 8, 2021 /PRNewswire/ -- Complete Controller, a leading virtual accounting firm, announces today it has opened a new office in downtown San Diego, Calif., to accelerate its rapid growth and expand its market coverage. The company has chosen to relocate its flagship office located in Costa Mesa, Calif., to San Diego to increase its ability to service current and future markets.

Founded in 2007 with the mission of financial literacy. Complete Controller delivers bookkeeping and records management services to small businesses, trusts, and households nationwide through it's cloud and mobile platforms using a value based pricing model. The company serves as an outsourced CAS department to CPA firms allowing accountants to enjoy SSO access to their clients books and records and the independence they need to perform high revenue services efficiently.

Publisher: KPVI
Author: Complete Controller
Twitter: @kpvi
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