Sunday, September 26, 2021

Bulk of S&P 500 embraces sustainable accounting standard, foundation says | Reuters

A trader works on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., September 24, 2021. REUTERS/Andrew Kelly

Sept 24 (Reuters) - More than half of companies in the S&P 500 now use a common standard from the Value Reporting Foundation to report on topics like carbon emissions and energy management, indicating executives are paying more attention to an area likely to face new regulations soon, a

Publisher: Reuters
Date: 2021-09-24T21:07:11Z
Author: Ross Kerber
Twitter: @Reuters
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WPP fined $19 million by SEC over accounting and bribery claims | Advertising | Campaign Asia

The holding company was fined for failing to ensure foreign subsidiaries, including operations in India and China, met internal accounting controls.

WPP was fined $19 million by the Securities and Exchange Commission (SEC) for violating the anti-bribery, books and records, and internal accounting controls provisions of the Foreign Corrupt Practices Act (FCPA), the government body said on Friday.

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Publisher: Campaign Asia
Date: 2021-09-26T07:33:00 00:00
Author: https www campaignasia com author alison weissbrot 1140741
Twitter: @CampaignAsia
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Buenos Aires Times | Argentina revives Kirchner accounting moves to ease cash crunch

Argentina is resurrecting a page out of former president Cristina Fernández de Kirchner's playbook by raising money for fiscal expenses through complex accounting manoeuvres and by selling bonds to the Central Bank that sceptics say are unlikely to ever be repaid.

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Publisher: Buenos Aires Times
Date: 2021-09-23T16:26:53-03:00
Author: slug argentina revives kirchner accounting moves to ease cash crunch section sitios batimes nota author James Grainger date September 23 2021 16 26 53 0300 id 731552
Twitter: @theBAtimes
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Is it too hard to become a CPA? Practitioners speak out | Accounting Today

In our September issue, we asked if it was too hard to become a CPA, and a large number of readers replied, often at great length and with plenty of passion.

It should probably come as no surprise that they were widely divided, with some contending that the monetary cost of extra schooling and the cost in time and effort of passing a very difficult exam are driving people away from the CPA profession, and others warning that any measures would dilute

Publisher: Accounting Today
Date: 2021-09-22T20:00:00
Author: https www accountingtoday com author daniel hood
Twitter: @AccountingToday
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Investors, in the Dark on Crypto, Join Push for Accounting Rules

It isn't just companies and accountants frustrated about the lack of rules on how to account for investments in cryptocurrency.

Investors and analysts are in the dark about the value of the Bitcoin, Ethereum, and other digital currencies companies hold, and even whether they hold them at all. That may change.

Twitter: @tax
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The Peabody Companies Hires Robert Fine as Director of Accounting - Boston Real Estate Times

BRAINTREE, MA–The Peabody Companies announce that Robert Fine has joined the firm as director of accounting.

In this role, he has the direct overall responsibility for both the financial and reporting obligations of each of the firm's portfolio operations.

Publisher: Boston Real Estate Times
Date: 2021-09-24T20:30:49 00:00
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Accountants face challenges with ESG reporting | Accounting Today

Financial professionals are confronting some big obstacles when it comes to environmental, social and governance reporting, according to a new survey, including competing and sometimes conflicting disclosure frameworks, reporting methodologies and stakeholder demands.

The finance team's involvement in ESG reporting is still in its early stages, but 53% of the FEI members surveyed said they participate in broad "reporting oversight" of ESG.

Publisher: Accounting Today
Date: 2021-09-24T20:20:37.372
Author: https www accountingtoday com author michael cohn
Twitter: @AccountingToday
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COVID outbreaks plague LAPD and fire agencies, data show - Los Angeles Times

Los Angeles County health officials have identified hundreds of coronavirus outbreaks at police and fire agencies since the start of the pandemic, according to data obtained by The Times through a public records request.

The outbreaks, accounting for more than 2,500 coronavirus cases, have occurred in public safety agencies large and small across the county.

Publisher: Los Angeles Times
Date: 2021-09-26T12:00:48.183
Author: https www latimes com people kevin rector
Twitter: @latimes
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From dancer to tax accountant, a career evolves | Accounting Today

Tifphani White-King, head of the U.S. tax practice at Mazars USA, has charted an unusual career path, starting with aspirations of dancing, then studying the law and taxes, and becoming one of the first Black female tax partners at a major accounting firm.

Publisher: Accounting Today
Date: 2021-09-24T19:36:41.978
Author: https www accountingtoday com author michael cohn
Twitter: @AccountingToday
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Accounting Rulemakers Join SEC in Seeking ESG Advice

As the Securities and Exchange Commission weighs new rules for companies to reveal climate risks, U.S. accounting rulemakers are exploring if they need to take action, too.

The Financial Accounting Standards Board in a wide-ranging request for public input on its long-term agenda asks what, if any, updates it should make to accounting standards so companies can convey environmental issues in their financial statements.

Twitter: @tax
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