Going Concern

MARCH 21, 2023

Was ChatGPT sent to us from the future to rescue the industry from the pipeline crisis by filling open accounting jobs with cyborgs and sentient machines? Accounting is ridiculously rules-based: assets = liabilities plus equities; debits = credits; cash in > cash out, etc. Some of it already has been. ChatGPT is Usain Bolt.

Account 104

Account accountant accounted tax return 104

ThomsonReuters

JUNE 15, 2021

Use of Special purpose acquisition (SPAC) vehicles have spiked over the past year because private equity and venture capital firms have excess cash they need to put to work, accounting practitioners said mid-June. To avoid financial reporting woes, accounting teams said the SPAC-IPO marketplace should be mindful of the following: #1.

Account 64

Account accountant accounted auditor 64

Going Concern

JUNE 10, 2022

According to the SEC’s order, CohnReznick improperly accepted Sequential’s conclusion that its goodwill, an accounting term for the excess amount paid to acquire a company over its book value, was not impaired or reduced in value, in the third quarter of 2017. Because bad auditors are bad. CohnReznick’s $1.9

audit 96

audit auditor financial statements Washington 96

PYMNTS

FEBRUARY 19, 2020

In accounting terms, that means eyeing possible write-downs of assets, and “write-ups” of liabilities. The impact is not confined to China. One standout: Operating leases – tied to the real estate that is owned or is integral to a company’s daily activities – could be written down.

Hospitality 56

Hospitality Real Estate auditor Sports 56