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Monday Morning Accounting News Brief: EY Embarrasses Itself (Again); Archaic IRS Tech; Partners Battle It Out | 2.27.23

Going Concern

“IRS tech is so ‘archaic’ the agency struggles to find people to work it” from The Washington Post : The Internal Revenue Service, which funds nearly everything the federal government does, uses information technology that is creaking with old age. Yet that is what the IRS deals with every day.”

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Friday Footnotes: Remembering Legend Sid Kess; Andersen’s Doing Great; Poland Banned Deloitte From Auditing? | 9.22.23

Going Concern

People Ken Miller set to retire after more than three decades of service [ Virginia Tech ] After more than 35 years of dedicated service to Virginia Tech, Ken Miller has announced his retirement. Miller was appointed vice president for finance in April 2020 and also serves as the university treasurer.

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Common Challenges: Brewery Research and Development Tax Credit

Withum

The Brewery R&D (Research and Development) Tax Credit is a government incentive program designed to encourage innovation and technological advancements in the brewing industry. Technology solutions, such as sales tax automation software, can help breweries manage their tax compliance and navigate economic nexus challenges.

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Professionals on the Move: Feb. 2024

CPA Practice

Schell is well-versed in generally accepted accounting practices (GAAP) and generally accepted auditing standards (GAAS), advising C-suite and governing boards, along with other business stakeholders, on a range of compliance risks, accounting pronouncements, audit observations, and technology and process automation.

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Professionals on the Move: Feb. 2024

CPA Practice

Schell is well-versed in generally accepted accounting practices (GAAP) and generally accepted auditing standards (GAAS), advising C-suite and governing boards, along with other business stakeholders, on a range of compliance risks, accounting pronouncements, audit observations, and technology and process automation.

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Investing In The Startups That Invest In Innovation

PYMNTS

The startups and small businesses that innovate aren’t just coming up with new technologies — they’re creating entirely new business models that, while progressive, can place increasing pressure on cash flow management for the enterprise. This is the type of market Venbridge has in mind.