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Sorry, Private Equity, RSM Doesn’t Want Your Money

Going Concern

FT published an interview today with Brian Becker , RSM US CEO and managing partner since 2022, in which he states RSM will not be jumping on the private equity train that some firms have embraced this decade. It made us into a national firm, which was great. Who says the old partnership model is dead? ” See?

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Generative AI: considerations for small businesses

Xero

Soon-Ee kicked off by asking us to think about what these technologies mean and their limits. When using generative AI in business, we should have a sense of how confident we need to be in its outputs. At this point, Maribel pointed out that generative AI proposes answers without allowing us to interrogate the underlying data.

Legal 85
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Robinhood: Stocks Had To Be Shut Down Over High Deposit Requirements

PYMNTS

Last week, as Reddit users bought shares of GameStop and other “meme stocks” en masse, Robinhood said in the post that the amount required by clearinghouses to cover the settlement period “rose tremendously.”. the post stated. “To

Retail 91
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The Audit Profession’s Inability to Retain Talent Poses a Serious Threat to Audit Quality

Going Concern

Wh en the moderator shared my observation with the audience , she conveniently omitted my view that audit firm mismanagement of human capital was the problem. It follows that these concepts should also be applied to the largest audit firms that audit the lion’s share of the US market capitalization. Denial of reality?

audit 122
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Today In How We Eat: Starbucks Sweetens Loyalty And Meal Kit Subscriptions Soar

PYMNTS

Consumers who are staying at home during the pandemic, cooking for themselves are looking to make their lives a bit easier are turning to meal kits en masse. US Retail Sales Rose 0.6 Companies are seeing new enrollments ramp up and existing customers upgrade their plans to order larger meals and with more frequency.

Sales 56
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Now the Profession Is Losing Experienced Accountants Too

Going Concern

Up until now, most accountant shortage discussion has been focused on students choosing other fields, CPA exam numbers lower than they’ve been in almost two decades , and boomers retiring from accounting en masse. We observed it in 2008 and the tough years that followed.

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Telenav Partners With Amazon For Alexa-Powered Navigation

PYMNTS

Drivers can use voice commands to interact with the map, add a stop en route, request points of interest and more. Expanding our work with Alexa’s voice-based services to work offline allows us to provide consumers with technology-aided benefits at all times.