Tuesday, July 26, 2022

Make greenhouse-gas accounting reliable — build interoperable systems

In March, the United Nations took its first meaningful step to hold investors, businesses, cities and regions accountable for reducing greenhouse-gas emissions, when UN secretary-general António Guterres asked an expert panel to develop standards for 'net-zero' pledges by these groups.

Nations, companies and scientists each use different, disjointed methods to tally greenhouse-gas emissions. These numbers cannot easily be compared or combined. The existing patchwork of greenhouse-gas inventories is woefully inadequate.

Date: 2022-07-26
Author: citation_journal_title Earth Syst Sci Data citation_author P Friedlingstein citation_volume 14 citation_publication_date 2022 citation_pages 1917 2005 citation_doi 10 5194 essd 14 1917 2022 citation_id CR1
Twitter: @nature
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ExpensiCon to Bring Accounting and FinTech Thought Leaders To Italy in 2023 - CPA Practice Advisor

Expensify , Inc., a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, has announced the return of ExpensiCon on May 18-22, 2023, in Puglia, Italy.

The event will include a mix of keynotes, roundtable discussions, fireside chats, 1-on-1 networking opportunities and strategy sessions, and VIP events.

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Publisher: CPA Practice Advisor
Date: 2022-07-25T17:15:00 00:00
Author: isaacobannon
Twitter: @cpapracadvisor
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Companies unsure of leasing costs and accounting transition | Accounting Today

Even though leases typically comprise a major piece of a business' budget, most companies don't know how much their leases cost and many are unsure about how to account for them under the new rules.

Executives are also worried about making errors, with 99% of the senior finance and accounting professionals surveyed at private companies acknowledging fears about potentially misreporting company lease information.

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Publisher: Accounting Today
Date: 2022-07-25T18:06:00.401
Author: https www accountingtoday com author michael cohn
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SEC.gov | Comment on the Financial Accounting Foundation Draft Strategic Plan

      Thank you for the opportunity to comment on the Strategic Plan Draft for Public Comment ("Draft Plan") of the Financial Accounting Foundation ("FAF").  We share the FAF's commitment to independent, objective standard-setting for financial accounting and reporting.

Date: 2022-07-22T21:07:45
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MyCase Continues To Simplify Law Firm Accounting, Right Where You Manage Your Practice - Above the ...

Billing, timekeeping, and, really, all things accounting have long been low on the list of tasks attorneys want to deal with.

MyCase , an industry leader in practice management, has been constantly revolutionizing law firm accounting and simplifying the accounting tasks that law firms need to perform in order to run a successful business.

Publisher: Above the Law
Date: 2022-07-25T16:12:56 00:00
Author: Brittany Cianflone
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Two SEC Commissioners Frown on Accounting Rules for ESG Issues

Introducing sustainability standard-setting to the job list of organizations that set US accounting rules risks degrading the groups' independence and effectiveness, two of the five SEC commissioners warned in an unusual letter issued Monday.

Twitter: @BLaw
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Accounting Rules Make the Outcome of Tesla's Bitcoin Sale Unclear

That's right, we're talking about U.S. accounting rules this week. And right on cue, Tesla announced last Wednesday that it sold 75% of its bitcoin in the second quarter. So let's dive in.

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Date: 2022-07-24T14:50:00.365Z
Author: George Kaloudis
Twitter: @coindesk
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The path to modern accounting – and why it matters now | Accountancy Today

As the world enters a period of heightened economic uncertainty, rising inflation and vulnerability to market swings means many businesses are now re-evaluating their strategies and looking for ways to optimise their operations internally.

Ideally, before deciding on any business strategy, a company would have access to up to the minute financial data that can help to inform its next move. Agile businesses that can be proactive and/or react immediately tend to do better than those that are delayed in their decision making.

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Publisher: Accountancy Today
Date: 2022-07-26T15:34:50
Author: Heather Sandlin
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