Accounting

Professional-services giants are facing the consequences of aggressive hiring over the past two years, coupled with less attrition than they expected. Professional-services giants are facing the consequences of aggressive hiring over the past two years, coupled with less attrition than they expected. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified.…

An expanded partnership with Microsoft is expected to bring in $12 billion in revenue for KPMG over five years, the Big Four accounting firm said. An expanded partnership with Microsoft is expected to bring in $12 billion in revenue for KPMG over five years, the Big Four accounting firm said. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All…

Advance Auto Parts and others have cited a lack of skilled accounting personnel for material weaknesses in their financial-reporting controls, a key predictor of restatements. Advance Auto Parts and others have cited a lack of skilled accounting personnel for material weaknesses in their financial-reporting controls, a key predictor of restatements. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content,…

Credit: Pixabay/CC0 Public Domain Accounting standards don't properly reflect the difference between losses driven by investments and actual business performance shortfalls, according to new University at Buffalo School of Management research. Forthcoming in the Review of Accounting Studies, the study found that Generally Accepted…

Romain Dillet / TechCrunch: Lyon-based Dougs, an online accounting startup for SMBs that is profitable with ~€15M in ARR, raised €25M in its first VC round since being founded in 2015 — Dougs, a French accounting startup, has been around since 2015. It already generates $16.4 million (€15 million) in annual recurring revenue. Romain Dillet / TechCrunch: Lyon-based Dougs, an online accounting startup for SMBs that is profitable with ~€15M in ARR, raised €25M in its…

Dougs, a French accounting startup, has been around since 2015. It already generates $16.4 million (€15 million) in annual recurring revenue. And it’s a bootstrapped company, meaning that it hasn’t opened its capital and raised any funding from VC firms. But now, the company has decided to raise its first founding round. Dougs raised $27 million (€25 million) from Expedition Growth Capital, a British VC firm that is looking for investment opportunities in bootstrapped companies that have reached a certain level of…

The high-profile payroll survey could be overestimating job growth because of quirks in how the data are calculated. The high-profile payroll survey could be overestimating job growth because of quirks in how the data are calculated. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to…

WASHINGTON —  The Pentagon said Tuesday that it overestimated the value of the weapons it has sent to Ukraine by $6.2 billion over the last two years — about double earlier estimates — resulting in a surplus that will be used for future security packages.Pentagon spokeswoman Sabrina Singh said a detailed review of the accounting error found that the military services used replacement costs rather than the book value of equipment that was pulled from Pentagon stocks and sent to Ukraine. She said final calculations show…

With the advancement of machine learning and SaaS, accountants have access to a range of tools that can streamline and automate finance processes. These tools can:   simplify the accounting process save time reduce errors These grow the impact of AI in accounting. Case in point: PwC declaring its investment of 1 billion dollars in generative ai capabilities.1 But the downside of too many online accounting software applications is not knowing which one to pick. Vic.ai 2 could be an obvious choice because of its benefits…

The 5G subscription in India is estimated to have reached about 10 million by 2022 end, and is seen accounting for about 57 percent of mobile subscriptions in the country by the end of 2028, making it "the fastest growing" 5G region globally, according to Ericsson Mobility Report. With the launch of 5G services in October 2022, the major 5G Indian market is witnessing huge network deployments under its Digital India initiative, it observed.The geopolitical challenges and macroeconomic slowdown in some markets…