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PricewaterhouseCoopers has teamed up with OneStream Software to make the latter’s corporate performance management software available to the Big Four firm’s clients, while PwC will offer services to OneStream customers. OneStream caters to large enterprises, including Fortune 500 companies, a market also served by PwC. The alliance combines PwC’s skills with OneStream’s OneStream XF SmartCPM […]
Nvoicepay has been building a payment system that can work with accounting and enterprise resource planning technology to automate bill payments. “We’ve had about $28 billion go through our network in terms of payment volume,” said Nvoicepay CEO Karla Friede during a recent visit to Accounting Today’s offices. “We tend to serve larger and larger […]
Patisserie Holdings Plc finance chief Chris Marsh was arrested as U.K. fraud prosecutors opened a probe into an accounting scandal that threatens to shutter the cake baker’s 200-plus stores. Rich Press/Bloomberg The owner of the Patisserie Valerie chain said in a statement Friday that Marsh was arrested overnight and has been released on bail. The […]
Jay Schulman, principal in the Chicago office of RSM US, was named national leader of blockchain and cryptocurrency services. He will lead the firm’s efforts to help clients account for the regulatory, tax and trade, auditability, risk and compliance implications related to global transactions and exchanges. Joe Meyer (pictured) was appointed president at Selden Fox, […]
Photo: AICPA The American Institute of CPAs, New York, announced the winners of the 2018 Effective Learning Strategies Awards, bestowed to college and university educators who develop unique and effective teaching tools for introductory, upper division, and graduate courses. The AICPA announced, as winners of the Bea Sanders/AICPA Teaching Innovation Award: Markus Ahrens (St. Louis […]
I started my career in the auditing division of a Big Four firm. I could tell right away which partners were the rainmakers who brought in all the money. There may have been other partners more technically proficient, but the rainmakers were great at developing relationships with people. They always seemed to know which services […]
EY holds annual ‘Connect Day’ Big Four firm EY held its annual Connect Day last week, with 23,600 staff members helping approximately 650 nonprofit organizations across the U.S., Canada, Israel, and Latin America for its day of service. Since the firm’s first Connect Day in 2010, EY staff have volunteered some 650,000 hours towards nonprofits. […]
Bloomberg PwC has partnered with Cred, a decentralized global lending platform, to create a better marketplace understanding of the cryptocurrency ecosystem. Together with Cred, which gives cryptocurrency-backed loans in non-digital currency, PwC aims to speed up progress towards better crytpocurrency standards that build public confidence and trust in the asset. According to the firm, investors […]
One key current initiative among top accounting firms is to develop a “One Firm” culture, where best practices, client service protocols, management philosophies and more are uniform across the entire firm. This can improve performance, build client engagement and, for the members of the 2018 Best Firms to Work For, significantly boost employee engagement. At […]
The Securities and Exchange Commission suspended three former accountants from BDO USA LLP for improperly backdating the work papers of AmTrust Financial Services, a publicly traded insurance company, during a 2013 audit. The SEC found that BDO fell behind schedule while conducting an audit in 2013 of AmTrust and didn’t complete the necessary audit procedures […]
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