Thursday, April 14, 2022

Options for private companies tackling lease accounting in sprint to compliance | Accounting Today

Many companies would rather just forget the past couple of years – the list of challenges they've faced is long and the long-term impact of the pandemic may never be clear.

Actively looking to leverage lessons learned from U.S public company implementations, private companies are not only learning key lessons but are now leading the charge in developing lease accounting efficiencies through optimization. The report indicates that 75% of U.S.

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Publisher: Accounting Today
Date: 2022-04-14T14:49:37.699
Author: https www accountingtoday com author michael keeler
Twitter: @AccountingToday
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Bloomberg - Are you a robot?
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Greenlane Strengthens Leadership Diversity and Industry Expertise with New Chief Accounting ...

BOCA RATON, FL / ACCESSWIRE / April 13, 2022 / Greenlane Holdings, Inc.

Mr. Dahya is a seasoned accounting professional with a superior track record for delivering results. He previously served as the Senior Vice President of Accounting at MedMen Enterprises Inc.

Publisher: New Cannabis Ventures
Date: 2022-04-13T12:56:42 00:00
Twitter: @invest420
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Accounting-related class actions plunge | CFO Dive

The analysis doesn't look into what's causing the drop but one underlying factor could be fewer public company financial reporting restatements, which tend to be a lawsuit trigger.

Cases involving financial restatements dropped 55%, the lowest in a decade and more than 70% lower than over the past eight years.

Publisher: CFO Dive
Date: 2022-04-13
Author: Robert Freedman
Twitter: @CFODive
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Auditchain Expands Footprint in $600 Billion Global Accounting, Financial Reporting and Audit ...

ZUG, Switzerland , April 14, 2022 /PRNewswire/ -- Auditchain Labs AG , the developer of the world's first decentralized accounting, financial reporting, audit, and analysis protocol for assurance and disclosure, announced today that it has acquired Areport, a platform for creating ...

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Date: 9D28F7743C790DD88F2D9C7375EF7ED5
Author: Auditchain AG
Twitter: @PRNewswire
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Accounting can shape future economies, society: ACCA report | Accounting Today

Accounting has a large role to play in shaping the future of business and society at large, according to a new report from the Association of Chartered Certified Accountants.

"In these difficult times, this report looks ahead and considers the priorities facing the accountancy profession in helping create a better tomorrow," said Helen Brand, ACCA's chief executive, in a statement.

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Publisher: Accounting Today
Date: 2022-04-12T15:58:49.355
Author: https www accountingtoday com author sean mccabe
Twitter: @AccountingToday
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We Need Better Carbon Accounting. Here’s How to Get There.

The current Greenhouse Gas Protocol has a major loophole when it comes to how companies measure the carbon impact of their suppliers.

Any effective system of greenhouse gas (GHG) accounting needs to measure each company’s supply-chain carbon impacts accurately, providing visibility and incentives for it to make more climate-friendly product-specification and purchasing decisions.

Publisher: Harvard Business Review
Date: 2022-04-12T12:15:05Z
Twitter: @harvardbiz
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SPAC Warrant Accounting Woes Won't Get Rulemaker Fix

The notoriously complex accounting rules that tripped up hundreds of SPACs in 2021 won't get simplified anytime soon, U.S. accounting standard-setters said Wednesday.

The Financial Accounting Standards Board voted 5-2 to drop from its agenda a project to clean up more guidance governing how to distinguish liabilities from equity, including some of the issues that led special purpose acquisition company warrants to run afoul of U.S. accounting rules .

Twitter: @tax
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