Going Concern

AUGUST 5, 2022

Meet the accountants who may become the new power brokers of taxes. [ Meet the accountants who may become the new power brokers of taxes. [ needs full access to Chinese company audit papers to resolve accounting dispute -watchdog [ Reuters ] The U.S. New York Times ] Charles P. and Baidu Inc.,

Account

CPA Practice

JULY 8, 2024

Ryan Durbin (Texas), a graduate of The University of Texas at Austin with a Bachelor of Business Administration in accounting and a Master in Professional Accounting, is employed with KPMG in Dallas, TX.

cpas

Going Concern

JUNE 14, 2023

State societies regularly send members into high schools in their communities to preach the good word of accounting and various programs are popping up across the country to expose young people of diverse backgrounds to accounting (going to resist the urge to make a flasher-who-can’t-be-within-500-ft-of-a-school joke here).

Start-ups

Going Concern

JANUARY 2, 2023

While the PCAOB has been on a mission to scare the pants off of auditors everywhere in the past year with record fines and scary speeches, the Financial Accounting Standards Board took a much more chill approach to 2022. 8—Conceptual Framework for Financial Reporting—Chapter 2: The Reporting Entity. So stay tuned for that.

accounting standards

Going Concern

APRIL 21, 2023

Outlier.org, Urban Assembly, and New York City Public Schools Launch Program to Bring Financial Accounting to High School Students [ PR Newswire ] The incomparable Kelly Richmond Pope of DePaul University is the course’s lead lecturer. And that’s not even the juiciest part of the story.

Account

Going Concern

MARCH 8, 2024

District Court for the Southern District of New York said. The accounting firm’s former executive director has already served her eight month prison sentence and supervised release term. banks and had long audited Long Island-based New York Community. KPMG has built up a large business auditing U.S.

audit

CPA Practice

JUNE 11, 2024

Sarah Falkin , Florida, KPMG in New York. Jack Krause , Georgia, Financial Accounting Standards Board in Norwalk, CT. Bryant Lin , New York, in PwC in New York City. Nechama Nakdimen (Maiman) , New York, SmallBiz Outsource LLC in Inwood. Reece Diloreto , Florida, EY in Tampa.

South Dakota

Going Concern

MARCH 22, 2024

Day Named Technical Director of the Financial Accounting Standards Board [ FASB ] The Financial Accounting Standards Board (FASB) on March 20 announced the appointment of Jackson M. Mr. Day will begin his new duties at the FASB this July. Movers and Shakers Jackson M. Louis, Missouri.

Minnesota

PYMNTS

DECEMBER 10, 2020

This indicates that having the option of such a familiar channel still holds some sway over consumer loyalty, even during an age when they expect instant, digital access to their financial accounts. This is why New York-based Northern Credit Union is in the process of creating an advanced ATM at its Sackets Harbor location.

Start-ups

Going Concern

MARCH 24, 2023

Stanton was licensed as a certified public accountant in New York in 1988 and had previously run his own firm. Accounting Board Seeks Crypto Standards Requiring Firms to Report Price Shifts [ CoinDesk ] U.S.

auditor

MyIRSRelief

MAY 15, 2024

Resolution through an Enrolled Agent: EAs can ensure that nonprofits comply with international tax obligations, including the reporting of overseas financial accounts and activities. Inadequate reporting of foreign grants and activities, which could be scrutinized under IRC Sections 4945 and 6033. and foreign tax laws.

Tax

PYMNTS

APRIL 4, 2019

After hitting a peak a little north of $12 trillion in 2008, household debt began contracting in 2008 and kept falling through 2012, according to the Federal Reserve Board ’s Financial Accounts of the United States. The trigger, of course, was the Great Recession and consumers and banks pulling the credit levers back and hard.

New York

PYMNTS

MARCH 18, 2020

The fast-growing New York-based QSR recently adopted procure-to-pay software that integrates purchasing and AP for greater transparency into its procurement operations. Quick-service restaurant (QSR) chain Shake Shack is also embracing automated solutions. Sage Intacct Takes AP Automation To The Cloud.

accounts payable

PYMNTS

SEPTEMBER 19, 2016

The probe into Exxon ’s accounting practices may be facing an uphill battle. 19) that New York Attorney General Eric Schneiderman may have some difficulty in building a case against Exxon for allegedly not taking writedowns during the oil price slump. accounting rules. Reuters reported on Monday (Sept.

Account

CPA Practice

MARCH 21, 2024

The Financial Accounting Standards Board (FASB) on March 20 appointed a longtime veteran of Big Four firm EY to the role of director of technical activities. Jackson Day, who is currently a partner in professional practice at EY, will begin his new role at the FASB this July. chief accountant.

Kansas

Going Concern

MARCH 4, 2022

in Tax Season ‘Chaos’ [ New York Times ] At the Internal Revenue Service’s sprawling Kansas City, Mo., SEC Chief Accountant Lauds FASB for Engaging Investors, Stakeholders on Potential New Standards [ JD Supra ] Paul Munter, acting chief accountant for the SEC’s Office of the Chief Accountant, on Feb.

audit

PYMNTS

AUGUST 10, 2016

He encouraged customers to monitor their banking accounts and other financial accounts. John Huff, director of the Missouri Department of Insurance, said in a statement in the report that information on 411,786 members of Blue Cross Blue Shield of Kansas City was potentially taken.

West Virginia

Going Concern

MAY 12, 2023

He will be starting as an investment-banking analyst for the technology, media and communications team in New York City at Lincoln International this summer. Shawver will serve as the new chair of the Financial Accounting Standards Board panel devoted to private company accounting concerns, FASB’s parent organization announced Friday.

CPA

Going Concern

OCTOBER 1, 2022

KPMG was fined £14m in May for the wrongdoing of its former staff in the case after a tribunal found that its accountants conspired to mislead a 2017 inspection team looking into audit work it conducted for the troubled engineering company, which collapsed in 2018. Firm Watch. 5), which merged with Friedman in September.

Non-Profits

CPA Practice

JANUARY 11, 2023

As chief accountant, Munter will continue to lead the Office of the Chief Accountant and serve as the principal advisor to the SEC on accounting and auditing matters. in accounting from the University of Colorado and received his bachelor of science and master of science degrees in accounting from Fresno State University.

Colorado

PYMNTS

DECEMBER 4, 2017

The New York State Department of Financial Services told The Journal that it is working with the company to “investigate and address issues related to cybersecurity vulnerabilities.”. PayPal paid around $238 million to acquire TIO in July, with the goal of reaching more consumers who don’t have traditional financial accounts.

New York

PYMNTS

MARCH 1, 2016

The specific case that became particularly relevant this week was a request from the federal government to have Apple provide data from an iPhone that was connected to a New York drug case. Apple got the support it needed from a federal magistrate judge Monday (Feb. But that’s not what the government thinks.

New York

Going Concern

JUNE 30, 2023

This is “translating into a lack of clarity in what gets reported, which then gives investors concerns, which (in turn) puts more pressure” on CFOs and the leadership team, said Myles Corson, global strategy and markets leader, financial accounting advisory services for EY.

audit

CPA Practice

MARCH 13, 2024

Set up Swiss accounts with Brazilian cousin: Feds Rotta, who formerly lived on Fisher Island, made his money as president of a New York City company that imported Seiko watches through the “gray market” and sold them at a discount in the United States. government if he fails to appear for trial.

Tax

Going Concern

SEPTEMBER 1, 2023

Audit Battle lines drawn over auditors’ role in combating fraud [ AccountancyAge “Patisserie Valerie pushed the issue of auditor responsibility [for fraud detection] to the fore after so many accounting scandals. 1, overseeing more than 235 employees based there, the New York-based professional services firm announced Wednesday.

Account

PYMNTS

JULY 17, 2017

Of the three types of fraud hurting merchants in the eCommerce world today — stolen financials, account takeover and friendly fraud — any of these can be made to look like legitimate transactions from legitimate customers. The same happens with high-end apparel in New York.

Delaware

Going Concern

JUNE 17, 2022

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? KPMG has gone above and beyond my expectations of a Big 4 accounting firm because of their attention they give their employees.

Account

inDinero Tax Tips

APRIL 11, 2023

To compete for business tax income with New Jersey and New York, Delaware made incorporating within its borders easier for absentee (aka out-of-state) companies and incentivized these companies to do so. Quick Note: This article is provided for informational purposes only, and is not legal, financial, accounting, or tax advice.

Delaware

inDinero Tax Tips

APRIL 20, 2021

To compete for business tax income with New Jersey and New York, Delaware made incorporating within its borders easier for absentee (aka out-of-state) companies and incentivized absentee companies to do so. We can help set up an accounting system and prepare your taxes for any state where you do business. and 11:59 p.m.

Delaware

CPA Practice

MAY 24, 2024

And then starting about 2015, or 16, I did some work with Jaeger CPA review, including going to the the CPA exam provider meeting in New York, at AICPA. So the other area where we saw significant variation between models was audit and financial accounting, and reporting.

CPA

Cherry Bekaert

NOVEMBER 28, 2023

FinCEN renewed the GTOs that cover certain counties within the following major U.S. The FBARs for calendar year 2022 otherwise would be due on or before October 16, 2023. FinCEN is offering this expanded relief to any individuals or businesses that have been provided tax relief pursuant to the IRS announcement on October 13, 2023.

Real Estate

Anders CPA

DECEMBER 11, 2023

Guillermo (00:02:54) – So I went into work in the corporate world and my background is in construction and in engineering, and I spent a few years working as a regular accountant and in financial accounting. And so, I shifted maybe about 4 or 5 years into my career into more of a corporate finance role.

South Dakota

Going Concern

MAY 19, 2023

Mergers & Acquisitions Another Chicago accounting firm merges in private equity-related deal [ Crain’s Chicago Business ] Private equity-backed consolidation of the accounting industry is making further inroads in Chicago.

auditor

Going Concern

AUGUST 25, 2023

The London-based International Accounting Standards Board issued rules specific to government assistance accounting decades ago. Perhaps US businesses should just follow those well-known rules, the Financial Accounting Standards Board has suggested. As it turns out, it’s not as simple as copying and pasting.

tax preparation

Going Concern

JULY 1, 2022

Marking a Half-Century of Capital Markets Integrity [ Barron’s ] Former chair of the Financial Industry Regulatory Authority and trustee and chair of the Financial Accounting Foundation John J. GAAP, or generally accepted accounting principles. Brennan writes: The bedrock of that reporting regime is U.S.

Tax

Going Concern

JANUARY 13, 2023

Trump’s Company Gets Maximum Punishment for Evading Taxes [ New York Times ]. Munter will continue to lead the Office of the Chief Accountant (OCA) and serve as the principal advisor to the Commission on accounting and auditing matters. Former President Donald J.

audit

Going Concern

APRIL 5, 2024

Finance ] Aitzarelys Negrón, certified public accountant (CPA) and founder of Strategies and T.E.A., said, “I had been working at a [major] accounting firm since 2015 before being laid off in the fall of 2020.

auditor