Wednesday, August 11, 2021

VC-Backed Firm Strengthens Position as Next-Generation Accounting Advisors | State | elpasoinc.com

AUSTIN, Texas, Aug. 11, 2021 /PRNewswire/ -- Benchmark Cloud Accounting (BMCA) has acquired Botkeeper's direct customers which consists of more than 200 businesses across the U.S. in a variety of industries.

The acquisition allows the venture-funded BMCA, founded in spring 2021 and propelled by an initial seed round of $5,100,000 , to accelerate its mission of providing cloud-based accounting and advisory services to entrepreneurial, tech-savvy businesses.

Publisher: El Paso Inc.
Author: Benchmark Cloud Accounting Botkeeper
Twitter: @ElPasoInc
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AICPA guidance addresses SVOG, RRF accounting questions - Journal of Accountancy

Technical Question and Answer (TQA) guidance issued Tuesday by the AICPA addresses how a recipient should account for a Shuttered Venue Operators Grant (SVOG) or a Restaurant Revitalization Fund (RRF) grant issued under COVID-19 relief programs administered by the U.S.

SVOG and RRF grants provide federal funds to entities that were hard-hit by government shutdowns resulting from the coronavirus pandemic. Grant recipients are not required to repay the funding if funds are used for eligible uses by the dates specified by each respective grant program.

Publisher: Journal of Accountancy
Date: 2021-08-10T14:20:00.000-04:00
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Acclaimed accounting expert named interim dean of WVU Tech's College of Business, Humanities and

Scott Fleming has been named WVU Tech's Dean of Business, Humanities and Social Sciences. (WVU Photo)

A well-known leader and widely respected faculty member within the West Virginia University system has been appointed as an interim dean of the WVU Institute of Technology College of Business, Humanities and Social Sciences.

Twitter: @WVU Today
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Sparks made a calculated choice between accounting and Air Force - The Stanly News & Press |

Shortly after graduating from Pfeiffer College in 1968, Col. Tom Sparks (Ret.) began a long and multifaceted career in the U.S. Air Force .

Over a 29-year period of service, he piloted KC-135s , aircraft in which "Young Tiger" crews provided air refueling support for planes entering or leaving areas of combat in the Vietnam War.

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Publisher: The Stanly News & Press
Date: 2021-08-11T12:43:01 00:00
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How Much Carbon Comes From a Liter of Coke? Companies Grapple With Climate Change Math - WSJ

From farm to bottler to supermarket cooler, a liter of Coca-Cola creates 346 grams of carbon dioxide emissions, the company's data show.

That's less than half the tree-to-toilet 771-gram carbon footprint of a mega roll of Charmin Ultra Soft toilet paper, as measured by the Natural Resources Defense Council, an environmental group.

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Publisher: WSJ
Date: 2021-08-10T15:12:00.000Z
Author: Jean Eaglesham and Shane Shifflett
Twitter: @WSJ
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Property Accounting: How To Make The Process Quicker And Easier

In addition to finding tenants, signing a tenancy agreement and carrying out maintenance when necessary, accounting is also a central part of effective property management.

Setting up an accounting system for rental properties will help to ensure all incomings and outgoings are recorded accurately and instantly. It also reduces the risk of human error as many transactions and record keeping tasks can be automated.

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Publisher: Harlem World Magazine
Date: 2021-08-11T15:35:37 00:00
Author: https www facebook com HarlemWorldMagazine
Twitter: @hwmag
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Southern Miss accounting students earn competitive scholarships

HATTIESBURG, Miss. ( WHLT ) – Three University of Southern Mississippi (USM) accounting students are the recipients of competitive scholarships. The recipients include:

"It is a tremendous honor to have our talented and deserving students recognized by both the PCAOB and the AICPA in this way," said Amber Hatten, Professor of Practice and Director of USM's Master of Professional Accountancy (MPA) program.

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Publisher: WJTV
Date: 2021-08-11T15:45:57 00:00
Author: Kaitlin Howell
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Polk State Business grad lands job with Big Four accounting firm | Polk State College

Jake Pullukat recently graduated from Polk State College's Bachelor of Applied Science in Supervision and Management Program which, paired with internship experience and federal COVID-19 relief funds that supported the completion of his degree, positioned him for success in his job with a Big

Publisher: Polk State College
Twitter: @PolkState
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FreshBooks reaches $1B+ valuation with $130.75M for its SMB-focused accounting platform –

FreshBooks , a Toronto-based cloud accounting software company focused on SMBs, announced today it has secured $80.75 million in a Series E round of funding, as well as $50 million in debt financing.

Existing backer Accomplice led the equity financing, which the company described as “an inside round” that propelled FreshBooks to unicorn status with a valuation of "over $1 billion."

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Publisher: TechCrunch
Date: 2021-08-09 22:00:38
Author: Mary Ann Azevedo
Twitter: @techcrunch
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Do We Need a New Approach to Accounting for Business Risk? | eWEEK

A few years ago, before COVID 19 and after the Paradise Fire in Northern California, I traveled to Germany. I was at, of all things, an enterprise architecture event. By happenstance, I sat at a table of executives from Germany's largest public utility companies.

So, with this said, I asked them one more question. How efficient is your Grid? In the US, our grid is around 33% efficient . This means that only 33% of the energy put on the wire actually reaches the customer. Most of the power created is lost!

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Publisher: eWEEK
Date: 2021-08-10T09:00:03 00:00
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