Going Concern

NOVEMBER 24, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default.

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CPA Practice

NOVEMBER 24, 2023

By Emma Epperly, The Spokesman-Review, Spokane, Wash. (TNS) A 26-year-old woman pleaded guilty in federal court Tuesday to stealing more than $715,000 from Spokane Dermatology Clinic, where she was an accountant. Carol Casilla faces up to 20 years in prison for the one count of wire fraud. Casilla worked at the medical practice from 2020 to 2023. During that time, she fraudulently issued company checks to herself and a company she set up for that purpose.

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Randal DeHart

NOVEMBER 24, 2023

I was taking a moment to reflect on the challenges for the Pilgrims coming to America. They decided to make the journey with no guarantee of success. To build homes, plant crops, and take care of animals. Then, later, everyone chose to move West by wagon train, horse, or on foot. I am grateful for them! I think about my Grandparents and my Great Grandparents.

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Accounting Today

NOVEMBER 24, 2023

How finance and accounting teams start 2024 will set the stage for defining the rest of the year and positioning for sustained success.

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Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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Menzies

NOVEMBER 24, 2023

Menzies LLP - A leading chartered accountancy firm. The Chancellor, Jeremy Hunt, has delivered his Autumn Statement to Parliament earlier, which includes 110 measures for growth across the board. Menzies’ accountancy and strategic advisory experts shares a summary of the main points relating to the manufacturing sector: Specific investment towards the manufacturing sectors: £4.5bn support over the next five years: The Chancellor announced a further £4.5bn funding for strategic manufacturing sec

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Accounting Today

NOVEMBER 24, 2023

The service is conducting a random survey of practitioners Nov. 27-Jan. 19.

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Accounting Today

NOVEMBER 24, 2023

Financial restatements, which have generally been on a downward trend since 2003, spiked in 2021.

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FraudFiles

NOVEMBER 24, 2023

The unthinkable has happened. We have good employees. Our people are honest. They don’t steal from us. They’re like family. We trust them. So it goes when a company discovers a fraud from within. Then what happens? After the initial shock wears off, it’s time to start investigating the situation.

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Menzies

NOVEMBER 24, 2023

Menzies LLP - A leading chartered accountancy firm. Overview Business Rates multipliers for small business will be frozen for another year, helping to support the hospitality and high street Increased national minimum wage impact on the cost of products and passing this on to end consumer. Reduced national insurance contributions and boosts to income of individuals can have a positive impact on the disposal household income to boost consumer spending.

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Accounting Today

NOVEMBER 24, 2023

If you want to grow your practice, you have to be willing to make the sometimes-wrenching adjustments that growing requires.

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Acterys

NOVEMBER 24, 2023

HubSpot is an all-in-one marketing technology solution that provides software, tools and other resources to support vital business functions, including sales, marketing and customer service. As businesses using HubSpot scale up and add technology, they find themselves needing to consolidate data sources and extract more value from existing systems. One way to do this is by using Power BI with a HubSpot data warehouse.

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Menzies

NOVEMBER 24, 2023

Menzies LLP - A leading chartered accountancy firm. The autumn statement has been a mixed bag for the property and construction sector. Whilst it provides good news for larger scale infrastructure projects it fails to address some of the sector’s key concerns. Here’s our summary of the main points: What does this mean for the Construction sector ? Fears were raised earlier this year that the construction sector is heading for recession which is largely blamed on a drop in demand for new homes an

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Acterys

NOVEMBER 24, 2023

HubSpot is an all-in-one marketing technology solution that provides software, tools and other resources to support vital business functions, including sales, marketing and customer service. As businesses using HubSpot scale up and add technology, they find themselves needing to consolidate data sources and extract more value from existing systems. One way to do this is by using Power BI with a HubSpot data warehouse.

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Technology Sales accounting and finance quickbooks 130

CPA Practice

NOVEMBER 24, 2023

The Indiana CPA Society has announced the winners and finalists for the 2023 INCPAS Awards honoring outstanding CPAs and related professionals in Indiana. All category award finalists and honorees were chosen by the INCPAS Awards Committee comprised of members of the board of directors. This year’s winners were announced at the annual INCPAS CPA Celebration on November 17 at the Crane Bay Event Center.

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Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

CPA Practice

NOVEMBER 24, 2023

By Chris Strohm, Matt Day, Allyson Versprille, and Ava Benny-Morrison, Bloomberg News (TNS) Binance Holdings Ltd. and its CEO Changpeng Zhao pleaded guilty to anti-money laundering and U.S. sanctions violations under a sweeping settlement with the U.S. that allows the cryptocurrency exchange to continue operating. Binance will pay $4.3 billion in one of the largest corporate agreements in U.S. history.

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CPA Practice

NOVEMBER 24, 2023

By Molly Crane-Newman, New York Daily News (TNS) Tears were shed at the Trump Organization’s fraud trial Tuesday when longtime company controller Jeffrey McConney fell to pieces on the witness stand testifying about the dramatic conclusion to his storied career working for Donald Trump. McConney, who for decades worked in the accounting department at the Trump Organization under convicted ex-finance chief Allen Weisselberg, wept in response to a question posed by Trump lawyer Jesus Suarez rega

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