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Friday Footnotes: Accounting AI Explodes; SOX Compliance Sux; KPMG Gets on a List | 6.17.22

Going Concern

JUNE 17, 2022

World-wide, startups making AI-powered accounting software amassed $233.3 million in funding for all of 2021, according to research provider PitchBook Data Inc. While accounting technology is moving fast, some firms are still moving slow: #TaxTwitter I just got a customer service request from a CPA firm via SNAIL MAIL.

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Account accountant accounted chartered accountant 52
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Friday Footnotes: Fired Accountant Spills the Dirty Laundry; Scandals of Yore; Gen AI For Good | 1.26.24

Going Concern

JANUARY 26, 2024

This comes after KPMG, which was hired by the organization in 2021 to review its compliance with agreements for three federal grants, found that documentation was lacking. Pride “encountered challenges in locating supporting documents for certain expenditures spanning the years 2017 to 2021,” Modeste said in the statement.

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Account accountant accounted audit 117
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