Going Concern

JUNE 3, 2022

Accountant Finds Out Client Has “Skeletons In The Closet”, Gets The IRS Involved And Makes Him Lose Everything [ Bored Panda ] It was posted on Reddit so obviously it must be true. That is a far broader calculation than the old rules, which were based on losses expected imminently.

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Menzies

JANUARY 7, 2024

Menzies LLP - A leading chartered accountancy firm. This article explores the intricate world of alternative investment funds (AIFs) and collective investment in transferable securities (UCITS).

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Going Concern

JUNE 17, 2022

FASB also rescheduled its upcoming webcast that will provide a semi-annual update on its standard-setting activities pertaining to private companies and nonprofit organizations. ICAN to attract youths to accounting profession [ Punch Ng ] Meanwhile in Nigeria…sound familiar? appeared first on Going Concern.

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Going Concern

NOVEMBER 18, 2022

Bam is a chartered accountant and an outstanding South African. Financial Accounting Foundation issues new strategic plan [ ABA Banking Journal ]. Nelson Mandela Foundation appoints ex-Deloitte Africa boss Bam as new trustee [ IOL ]. He was the CEO of Deloitte Africa from 2012 until early this year.

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Going Concern

MARCH 25, 2022

SEC accepts FASB’s 2022 reporting taxonomies [ CFO Dive ] The Securities and Exchange Commission has accepted updates to the Financial Accounting Standards Board’s GAAP Financial Reporting Taxonomy and SEC Reporting Taxonomy, FASB has announced.

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CPA Practice

JUNE 1, 2023

Justin Chudzik (Pennsylvania), a graduate of the University of Pittsburgh with a Bachelor of Science in Business Administration (majoring in accounting) and a Master of Science in Accounting, is employed with the Financial Accounting Standards Board (FASB) in Norwalk, CT. Michael Paul Donnelly, Jr.

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Menzies

FEBRUARY 13, 2023

Menzies LLP - A leading chartered accountancy firm. This standard come into force for accounting periods commencing on or after 1 January 2018, in conjunction with IFRS 9: Financial Instruments which covers three main topics: classification and measurement of financial instruments, impairment of financial assets and hedge accounting.

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CPA Practice

JUNE 19, 2023

With a global presence and a client base spanning multiple industries, Chatham’s accounting team is widely recognized for its high degree of quality and expertise. In the near decade since Kern joined Chatham, he’s served in several roles and functions in the practice, most recently leading Chatham’s European Hedge Accounting team.

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Going Concern

JANUARY 20, 2023

ESG Companies parachute accountants in to fix flawed ESG data [ Financial Times ] Accountants and auditors are muscling in on the preparation of climate data amid concern that companies are still far from ready for disclosure rules being drawn up by regulators around the world.

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Going Concern

AUGUST 25, 2023

News US Accounting Board Looks Across the Ocean to Fill Hole in Rules [ Bloomberg Tax ] The flood of government aid that helped keep companies afloat during the coronavirus pandemic exposed a hole in US accounting rules: Businesses have no way to record the grants, loans, and tax breaks that bolstered their bottom lines.

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Going Concern

FEBRUARY 2, 2024

The directors of an auto parts business have claimed before the High Court that an accountant has allegedly hired convicted criminal Martin ‘the Viper’ Foley to collect a disputed debt of approximately €19,000 from them.

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