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Germany’s blame game over Wirecard AG’s collapse is focusing on the question of why authorities failed to take a harder look at the payments company before it became the country’s biggest accounting scandal in living memory. Lawmakers will question a top adviser to Chancellor Angela Merkel on Monday in Berlin before grilling financial industry watchdogs […]
Smart Eye Technology has released a security app for advanced, multilevel biometric security for any device. The app is available on both the Apple App Store and Google Play. When a user views a document on their phone in the Smart Eye app and someone comes into view of the screen, a warning sign pops […]
There are no undergraduate and very few graduate courses on advising clients that want to sell their business or who want to buy a business. When I started my career, there were no CPE courses either. I am trying to remember how I learned about mergers and acquisitions, and it seems that it was by […]
The surge in remote work has quickly created demand for a new set of skills for accountants. Not only are accountants racing against an anonymous clock to be future-ready, but there’s also a push to check the box on communication agility. As accountants are thrust into the virtual spotlight due to the “new normal” fostered […]
We are now in August 2020, and for calendar year-end organizations, two fiscal quarters have been completed under remote working conditions due to COVID-19. What we thought was a temporary pivot is now undoubtedly the reality for the remainder of 2020. Finance and accounting teams, among other departments, have had to innovate and adapt quickly […]
Mowery Schoenfeld is merging in Xamin, a provider of managed IT services, and Westberg Eischens has acquired Robert F. Danielowski’s accounting firm.
Intuit’s revenue for fiscal year 2020 is up 13 percent year over year, which maintains the rate of growth from the previous year. The company brought in $7.7 billion, up from $6.8 billion in FY 2019, the growth mainly fueled by TurboTax Online and TurboTax products. This year, the IRS extended the tax deadline from […]
Financial professionals, including accountants and company controllers, have needed to burnish their technology skills during the novel coronavirus pandemic as they work remotely with their colleagues and clients. A new report from the Institute of Management Accountants and Deloitte’s Center for Controllership is based on a survey of nearly 800 finance and accounting professionals conducted […]
The Internal Revenue Service said companies will be responsible for collecting and paying back any deferred payroll taxes under a directive by President Donald Trump aimed at helping workers while the administration and Democrats are stalemated on a stimulus deal. The agency issued guidance Friday that implements Trump’s order to delay the due date for […]
Credit Suisse Group AG is dealing with the fallout of a fraud at its international wealth management business, two years after it was criticized by a regulator in a similar case that rattled the bank and raised questions about controls. The Swiss lender dismissed a Zurich-based banker who forged documentation on an over-the-counter contract for […]
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