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TIL Deloitte Almost Didn’t Do the Green Dot Because It Was ‘a Bit Silly’

Going Concern

They explain how a rebrand was prompted after Deloitte planned to spin off its consulting business from the main brand in 2002 but got cold feet and by 2003 decided not to split after all. Deloitte announced plans to spin off its consulting work in February 2002 when the corporate accounting scandals fueled calls for change.

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WEX’s Dearborn Says B2B Payments Has Reached Tipping Point

PYMNTS

“I think when the pandemic hit in early March, it really put a gun to the head of many companies by taking what have been Byzantine processes around accounts payable or accounts receivable and moving to much more digital means,” Jay Dearborn , president, corporate payments of WEX Inc. told PYMNTS.

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British SMB FinTech Firm Tide Looks To Grow In India

PYMNTS

Tide provides corporate accounts and adjacent banking offerings. Currently, the firm has a technology hub in Hyderabad and a workforce of nearly 100 individuals in the nation who are mainly software programmers, according to the report. Gurjodhpal Singh will head up the firm’s business in India.

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How CPA Firms Can Compete for Top Talent in the Year Ahead

CPA Practice

This concern is not misplaced: Research for the 2024 Salary Guide From Robert Half found that organizations in both public and corporate accounting are grappling with an accountant shortage. CPA firm leaders outlining staffing plans for the coming year can’t help but worry if they will hit their hiring goals.

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Uber Starts Charging Business Customers

PYMNTS

This will result in corporations paying more for the company’s ride hailing services. According to a report in Fortune , Uber for Business, which went live in 2014, enabled employees to bill rides to their company’s corporate accounts without incurring any additional fees.

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Why 85 Pct Of Companies Want AP Automation

PYMNTS

However, when it comes to corporate accounting departments, automation is still the exception. In manufacturing plants, call centers and many other workplaces, automation is the standard. It is not from lack of interest.

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FAQs Business Owners Need to Know About The 3 Essential Financial Reports

inDinero Accounting

We specialize in accountants who speak business to business owners and CEOs. Sometimes there’s just no avoiding accounting speak. One business area with lots of corporate accounting terms is preparing the three essential (3E) financial reports : the profit & loss statement, the balance sheet, and the cash flow statement.