Thursday, October 6, 2022

Business Unit Costs Highlighted in Segment Accounting Plan

Companies would have to reveal new expense details about their business units under a US accounting rulemaker plan that represents the biggest change to segment reporting in 25 years.

Public companies would have to break down in their financial statement footnotes a slate of new disclosures about the most significant expenses in their operating segments, the Financial Accounting Standards Board said in a proposal released on Thursday.

Twitter: @BLaw
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Technical Accounting Leader Amit Goel Joins CrossCountry Consulting's National Accounting Advisory ...

Goel's extensive technical accounting and transactions experience to help drive growth in the firm's thriving Private Equity practice

With more than 20 years of experience across multiple industries, Goel is a trusted advisor with deep technical accounting expertise. His industry knowledge closely aligns with CrossCountry's ability to assist clients through the most challenging accounting matters.

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Date: 9D28F7743C790DD88F2D9C7375EF7ED5
Author: CrossCountry Consulting
Twitter: @PRNewswire
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PCAOB Fines Four Accounting Firms for Failing to File Form APs - CPA Practice Advisor

Four audit firms settled with and received sanctions from the Public Company Accounting Oversight Board (PCAOB) for failing to file a Form AP, a document adopted by the PCAOB in late 2015 that requires firms to disclose the name of the lead engagement partner on an audit and whether any other ...

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Publisher: CPA Practice Advisor
Date: 2022-10-05T20:30:03 00:00
Author: Jason Bramwell
Twitter: @cpapracadvisor
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This Cloud Accounting Service is the Secret to Entrepreneurial Success - CB
Publisher: Canadian Business – How to Do Business Better
Date: 2022-10-06T13:16:35 00:00
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Accounting Firms Make Appearance in Fortune's 100 Best Workplaces for Women - CPA Practice Advisor

Right on the heels of releasing its Best Workplaces for 2022 list, Fortune magazine, along with the website Great Place to Work, has come out with its ranking of the 100 Best Large Workplaces for Women —and public accounting firms are dotted throughout the list.

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Publisher: CPA Practice Advisor
Date: 2022-10-04T20:28:00 00:00
Author: Jason Bramwell
Twitter: @cpapracadvisor
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Canada's financial and accounting systems fail to recognize the financial value of nature | ...

As Canada prepares to unveil its National Adaptation Strategy at COP27 and to host the COP15 biodiversity conference in Montreal, nature is still assigned a value of zero in our financial and accounting systems.

The services nature provides Canadians are not routinely valued in investment decisions, asset management or financial reporting. As a result, economic decisions continue to lead to the degradation of natural assets, such as rivers, wetlands and forests.

Publisher: Waterloo News
Date: 2022-10-05T17:27:30-04:00
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State Street and FundGuard Announce Strategic Partnership to Deliver Accounting Solutions for ...

"FundGuard has created a leading next generation multi-book accounting engine and we are excited to work with them as a strategic partner within the Alpha platform to better serve our clients," said John Plansky, head of State Street Alpha.

State Street Alpha is the investment industry's first modern cloud-native platform that offers institutional investment and wealth managers integrated functionality to support portfolio management, compliance, trading, accounting, performance measurement, fund administration and custody ...

Date: 2022-10-06
Twitter: @businesswire
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Accounting Board Weighs Expense Breakdown Push From Investors

US accounting rulemakers are looking to force companies to break down broad income statement expense lines so they reveal what goes in those catch-all categories.

It's a key demand from investors, who know things like rising labor costs affect the bottom lines of businesses they analyze, but glean little to nothing from company income statements about how much the expenses change from period to period.

Twitter: @tax
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Accounting Top 100 Social Media Leaderboard - CPA Practice Advisor

Show and tell time! This week we asked our participants to share pictures of the view from their desks, offices, homes, or vacations. The response from this community was amazing!

"👏The #AccountingTop100 Leaderboard is out and you're on it! https://t.co/1wF6RAcAyK "

Well, that's your first mistake: letting me in the top 25. But thanks for the birthday present!

Meanwhile, I look at this all day: https://t.co/es9LkrnG4w pic.twitter.com/4Vt21JxEv2

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Publisher: CPA Practice Advisor
Date: 2022-10-04T15:13:27 00:00
Author: Maureen Salahshoor
Twitter: @cpapracadvisor
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Trance Party Event Tickets

A Concert Like No Other


Hop aboard a shuttle to Kepler-1649c. Be there to welcome new lifeforms into the universe. All passengers must have a verified event ticket. There are 10,000 tickets in circulation so no need to panic. Limited seating available per trip. There will be multiple flights each hour shipping off from the NORAD Space Port in Iceland.

Event tickets are non refundable & non transferable (except on the black market. Call Sal with questions.) An event ticket can be reused for up to 9900 yearly transactions.

No sandals allowed on flight. Adults only. Kittens must show a custodian's ID at the gate. You are not allowed to get married while aboard the shuttle. Please arrive early if you are wearing jeans.

NB: EVENT TICKETS CONTAIN A PRIVATE ANONYMOUS DIGITAL IMPRINT.

Reserve your spot. Click here.




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