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

Going Concern

VCs Target AI Accounting Startups as Companies Look to Control Spending in Uncertain Economy [ Wall Street Journal ] It’s finally happening! KPMG Ranks #6 on Fortune’s 2022 Best Large Workplaces in New York [ Fortune ] How many Omaha Steaks did this person get in exchange for saying this?

Account 52
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Tech Cos Making M&A Deals Amid Pandemic

PYMNTS

“One big difference between now and the last financial crisis is the cash balances of the tech majors are in the hundreds of billions, all effectively onshore, due to the Trump tax changes,” John Gnuse, a tech M&A adviser at Lazard Asset Management, a New York financial advisory firm that engages in investment banking, told FT.