PYMNTS

SEPTEMBER 24, 2018

“Errors can be anything from a misapplication of accounting principles to an error in inputs in accounting software or an error in [Microsoft] Excel schedules,” said Michael Burke, partner at accounting firm UHY LLP, according to The Wall Street Journal. However, not all restatements are caused by innocent errors.

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PYMNTS

DECEMBER 17, 2018

In addition, most of the 460 accounting professionals surveyed noted that they no longer use handwritten paper checks to pay bills, with both handwritten and computer-printed checks now topping the list of payment rails that accountants said they are using less frequently this year compared to last.

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PYMNTS

AUGUST 27, 2019

The Certified Personal Accountant (CPA) today now has a plethora of FinTech solutions they can use to manage their clients’ money, with the number of digital tools — including cloud accounting portals, cash flow forecasting solutions and intelligent technologies like artificial intelligence (AI) — continuing to rise.

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cpas CPA Technology accounting standards 60

PYMNTS

NOVEMBER 5, 2018

s Financial Reporting Council is reportedly stepping down from the position amid continued scrutiny that the FRC lacks effectiveness to prevent corporate accounting scandals and industry failures. s auditing market as some policymakers have called on the government to break up the nation’s Big Four accounting firms.

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PYMNTS

MAY 21, 2018

M&G chief executive Anne Richards, HM Treasury non-executive director and deputy chair of Kinnevik Amelia Fawcett, and former audit partner at PwC and former chair of the Accounting Standard Board Mary Keegan are all on the panel. We have no faith in this whitewash.”.

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PYMNTS

MARCH 16, 2018

Further, industry trends have led the traditional accountant model to become “obsolete,” reports said, meaning accountants have to embrace the more strategic role of advisor. “By However, in order for accountants to remain relevant in an intensely competitive market, a new paradigm and mindset is needed.”.

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PYMNTS

FEBRUARY 24, 2017

Australia-based corporate accounting firm MYOB reached a deal to acquire corporate payments company Paycorp, reports said Thursday (Feb. MYOB will buy up the company for just over $37 million, the firms revealed, and the merger is expected to be completed by April 1 of this year.

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