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Friday Footnotes: Fired Accountant Spills the Dirty Laundry; Scandals of Yore; Gen AI For Good | 1.26.24

Going Concern

News Pride Toronto repaying over $505K after federal grant controversy [ CBC ] Pride Toronto is repaying just over $505,000 in grant funding after an accounting firm found the organization could not prove that it completed several projects despite receiving $1.85 million from the federal government.

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Where SMEs Stand At 2016’s Midpoint

PYMNTS

SMEs worry about unpaid invoices , a figure released by small business accounting firm Xero last week suggests. 19% of SMEs turn to Google for accounting advice , the Association of Accounting Technicians (AAT) found. 52% of U.K. days every month chasing down late payments.