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

Going Concern

Omoniyi Osunsanya, has said the district will attract youths in secondary schools, tertiary institutions, and graduates to the accounting profession. “We 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.

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Anti-money laundering and accounting: 2024 predictions

Accounting Insight

Regulatory consolidation There are currently 22 supervisory bodies that oversee the accountancy and legal sectors and are responsible for ensuring anti-money laundering (AML) compliance. But now the government is proposing “a significant consolidation of supervision into a single public body or a handful of professional bodies.”

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Suppliers’ Late Payments Woes Expand Across Borders

PYMNTS

too, continues its own late payments fight, with the Association of Accounting Technicians recently describing the government’s own efforts to combat late payments in the construction sector as “insufficient.” Closes In On Construction.

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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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Online Accountants Forums: The 14 Best

Ryan Lazanis

There’s a bunch of users sharing their pet peeves, CPA exam tips, investment strategies, and even complaints about certain jobs or the government. Regardless of that aspect, I think there’s a lot of value in joining Reddit Accounting.