Friday, August 27, 2021

Accounting platform Synder raises $2M to automate e-commerce bookkeeping – TechCrunch

As Synder 's two co-founders Michael Astreiko and Ilya Kisel wrap up their time at Y Combinator, they also announced their seed round of $2 million from TMT Investments.

Though the round was acquired before going into the accelerator program, the Belarus-based pair wanted to wait to publicly share the milestone. As they focus their sights on their next journey of growth and expansion, the new funding will go toward attracting more clients, visibility and sales.

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Publisher: TechCrunch
Date: 2021-08-27 06:00:43
Author: Christine Hall
Twitter: @techcrunch
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Peloton cuts bike price, discloses accounting problem | Ad Age

Shares in the fitness company fell as much as 15% to $97 in extended trading following the release of its quarterly results and a worse-than-expected outlook for fiscal 2022.

The changes help remove a barrier for consumers, Peloton said, but will take a toll on sales and profit in the coming months. The company warned that its adjusted loss would be $325 million in the current fiscal year, and its sales this quarter will miss Wall Street estimates.

Publisher: Ad Age
Date: 2021-08-26T17:09:03-0400
Author: https www facebook com
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A pivot from accounting to neuroscience | MIT News | Massachusetts Institute of Technology

With a strong network of mentors to inspire and push her, Pujols is now well on her way to becoming a scientist. She has a semester left in her undergraduate degree at Universidad Central de Bayamón in Puerto Rico, where she is pursuing a major in neuroscience and a minor in psychology.

"MSRP-Bio is designed for students like Patricia, who are driven and passionate about science, with limited access to research at their own institution and ready for a challenging and rigorous research experience at MIT that will prepare them for graduate school and open a lot of doors," says

Publisher: MIT News | Massachusetts Institute of Technology
Author: Alison Gold School of Science
Twitter: @mit
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Lawmakers seek accounting of emergency purchasing authority given to Missouri agencies •

Missouri lawmakers pressed for more details Wednesday on the unprecedented decision by state officials to suspend some procurement rules at the beginning of the pandemic to allow agencies to make large purchases without obtaining prior approval.

Rep. Peter Merideth, a St.

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Publisher: Missouri Independent
Date: 2021-08-26T16:34:48 00:00
Author: Lawmakers seek accounting of emergency purchasing authority given to Missouri agencies Missouri Independent
Twitter: @MO_Independent
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UK accounting watchdog plans to bolster audit firm governance | Reuters

A sign for Bank Street and high rise offices are seen in the financial district in Canary Wharf in London, Britain, October 21, 2010. REUTERS/Luke Macgregor

LONDON, Aug 26 (Reuters) - Britain's accounting watchdog plans to strengthen "significantly" its audit firm governance code, it said on Thursday, after a number of issues around audits of UK firms in recent years.

Publisher: Reuters
Date: 2021-08-26T06:34:13Z
Author: Reuters
Twitter: @Reuters
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7 ways accounting firms can staff for busy season | Accounting Today

No matter how ingrained seasonal work has become in the accounting industry, the task of identifying and efficiently staffing capable talent to join your firm and hit the ground running is never easy. Some approaches, however, are more effective than others.

Publisher: Accounting Today
Date: 2021-08-27T14:50:43.357
Author: https www accountingtoday com author tim rowley
Twitter: @AccountingToday
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Student, mom, employee wins national accounting scholarship | University of Hawaiʻi System News

A University of Hawaiʻi at Mānoa Shidler College of Business undergraduate student is the state's lone recipient of a $10,000 national scholarship to benefit outstanding students who are likely to pursue a career as an auditor.

After learning she was awarded the scholarship, Delgado was “very surprised at first but after the shock wore off, was extremely grateful and humbled.” She hopes to use her degree toward a future in non-profit accounting.

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Publisher: University of Hawaiʻi System News
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Governments exploit GAAP fund accounting loopholes | Accounting Today

While not perfect, generally accepted accounting principles are considered the gold standard of accounting rules. Corporations throughout the country use GAAP to prepare their financial statements.

By requiring GAAP budgeting, Illinois and New York City attempted to end budget shenanigans and to restore financial stability. Unfortunately, not everything is so simple when it comes to the government.

Publisher: Accounting Today
Date: 2021-08-27T15:16:18.51
Author: https www accountingtoday com author sheila weinberg
Twitter: @AccountingToday
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