#accounting

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#corporate-governance

Macy's lost track of $154m in expenses because of poor metrics

Macy's revealed an internal investigation into a multimillion-dollar scheme manipulating delivery costs, impacting investor trust.

SMCI stock price surges 34%: 'No evidence of misconduct' but Super Micro Computer isn't out of the woods yet

Super Micro's stock rallied 34% after a special committee found no evidence of misconduct amid recent financial scrutiny.

Macy's lost track of $154m in expenses because of poor metrics

Macy's revealed an internal investigation into a multimillion-dollar scheme manipulating delivery costs, impacting investor trust.

SMCI stock price surges 34%: 'No evidence of misconduct' but Super Micro Computer isn't out of the woods yet

Super Micro's stock rallied 34% after a special committee found no evidence of misconduct amid recent financial scrutiny.
morecorporate-governance

Andre Shammas: Navigating Life, Business, and Budgets - A Story of Resilience and Passion

The immigrant experience taught Andre Shammas the importance of adaptability, which he applies in personalized budgeting and tax solutions for diverse clients.

Connor Turland - Pioneering the Future of Bookkeeping with Ceedar.ai

Ceedar aims to disrupt the slow-moving accounting industry by replacing traditional bookkeeping software.
The conversation emphasizes that accounting can be enjoyable and beneficial for businesses.
Conor acknowledges the challenges of competing against established players like QuickBooks.
#tryton

Tryton Release 7.2

Tryton 7.2 release includes bug fixes, performance improvements, 5 new modules. Upgrading from 7.0 to 7.2 requires manual steps.

Newsletter December 2024

Bug fixes and performance improvements were prioritized alongside new feature introductions in the latest Tryton release.

Tryton Release 7.4

Tryton 7.4 release enhances usability and performance with new features, refined UI elements, and improved accounting functions.

Tryton Release 7.2

Tryton 7.2 release includes bug fixes, performance improvements, 5 new modules. Upgrading from 7.0 to 7.2 requires manual steps.

Newsletter December 2024

Bug fixes and performance improvements were prioritized alongside new feature introductions in the latest Tryton release.

Tryton Release 7.4

Tryton 7.4 release enhances usability and performance with new features, refined UI elements, and improved accounting functions.
moretryton
#finance

How Is AI Used in Accounting and Finance?

AI is revolutionizing accounting and finance by automating tasks, enhancing data analysis, detecting fraud, and improving efficiency and accuracy.

AI in finance is like 'moving from typewriters to word processors'

Generative AI in finance offers productivity gains for high-value roles, while challenging students and graduates to adapt to changing demands.

Job Vacancy: Finance Associate // Evmos | Finance Jobs | Berlin Startup Jobs

Flexibility and trust are essential for thriving in financial operations roles.

Finally, now with $10M, adds AI for better insight into small business accounting | TechCrunch

Finally, a fintech startup focused on automating accounting and finance functions, has raised an additional $10 million in venture capital.
The company has expanded its offerings to include bookkeeping, expense management, bill payment, payroll, and a corporate card, all integrated into one automated solution for small businesses.
The new funding will be used to hire more talent, expand the company's tech stack, and develop mobile versions of its apps.

Job Vacancy: Finance Working Student // GRID eSports GmbH | Internships Jobs | Berlin Startup Jobs

Opportunity for a finance working student to gain experience in accounting processes in the esports field
Requirements include knowledge of finance and accounting, proficiency in MS Office, and fluency in English

Job Vacancy: Junior Accountant - Fixed Term (all genders) // Doodle | Finance Jobs | Berlin Startup Jobs

Doodle simplifies scheduling for millions, enhancing productivity for professionals globally.
The Junior Accountant role provides a gateway for aspiring finance professionals to gain essential experience.

How Is AI Used in Accounting and Finance?

AI is revolutionizing accounting and finance by automating tasks, enhancing data analysis, detecting fraud, and improving efficiency and accuracy.

AI in finance is like 'moving from typewriters to word processors'

Generative AI in finance offers productivity gains for high-value roles, while challenging students and graduates to adapt to changing demands.

Job Vacancy: Finance Associate // Evmos | Finance Jobs | Berlin Startup Jobs

Flexibility and trust are essential for thriving in financial operations roles.

Finally, now with $10M, adds AI for better insight into small business accounting | TechCrunch

Finally, a fintech startup focused on automating accounting and finance functions, has raised an additional $10 million in venture capital.
The company has expanded its offerings to include bookkeeping, expense management, bill payment, payroll, and a corporate card, all integrated into one automated solution for small businesses.
The new funding will be used to hire more talent, expand the company's tech stack, and develop mobile versions of its apps.

Job Vacancy: Finance Working Student // GRID eSports GmbH | Internships Jobs | Berlin Startup Jobs

Opportunity for a finance working student to gain experience in accounting processes in the esports field
Requirements include knowledge of finance and accounting, proficiency in MS Office, and fluency in English

Job Vacancy: Junior Accountant - Fixed Term (all genders) // Doodle | Finance Jobs | Berlin Startup Jobs

Doodle simplifies scheduling for millions, enhancing productivity for professionals globally.
The Junior Accountant role provides a gateway for aspiring finance professionals to gain essential experience.
morefinance

Key accounting tips for success in real estate - London Business News

Effective accounting practices are crucial for the success of real estate businesses, aiding in financial stability and decision-making.

How Did One Macy's Employee Hide $154 Million?

Macy's faces severe financial challenges, including store closures and a major fraud incident involving $154 million in concealed expenses.
#startups

Fintech Fragment eases bank account reconciliation, nabs $9M from Stripe, Jack Altmam, others | TechCrunch

Fragment offers a digital ledger API for real-time accounting to simplify reconciliation for businesses with high transaction volumes.

A startup from ex-Revolut employees uses AI to automate accounts - but hopes to keep accountants in jobs | TechCrunch

LiveFlow raised $13.5 million to automate data syncing for accounting, founded by former Revolut employees.

Fondo wants to mitigate the US' accountant shortage with its AI bookkeeping service | TechCrunch

Entrepreneurship is on the rise in the U.S., growing 50% in new business applications since 2019, despite a looming accountant shortage.

10 Ways to Manage Finances for Startups | TechRepublic

Effective financial management is crucial for the success of startups.

Fintech Fragment eases bank account reconciliation, nabs $9M from Stripe, Jack Altmam, others | TechCrunch

Fragment offers a digital ledger API for real-time accounting to simplify reconciliation for businesses with high transaction volumes.

A startup from ex-Revolut employees uses AI to automate accounts - but hopes to keep accountants in jobs | TechCrunch

LiveFlow raised $13.5 million to automate data syncing for accounting, founded by former Revolut employees.

Fondo wants to mitigate the US' accountant shortage with its AI bookkeeping service | TechCrunch

Entrepreneurship is on the rise in the U.S., growing 50% in new business applications since 2019, despite a looming accountant shortage.

10 Ways to Manage Finances for Startups | TechRepublic

Effective financial management is crucial for the success of startups.
morestartups
from Business Insider
1 month ago

Deloitte, EY, KPMG, and PwC make up the Big 4 - here's how they compare

The Big Four are adapting to a post-pandemic slowdown in demand and restructuring their operations.

Council Post: 4 Managerial Accounting Tips For Marketing Agency Owners

Setting up a bookkeeping system is crucial for marketing agency owners to understand their financial health.
Identifying key performance indicators helps marketing agency owners in strategic decision-making.

KPMG says the CPA qualification's '150-hour rule' needs to go

The 150-hour requirement for CPA certification may deter potential accounting students, impacting diversity and talent in the profession.

William Beaver

William Beaver was a pioneering professor whose work in accounting influenced both academia and the field of finance.
His legacy includes inspiring countless students and significant contributions to accounting literature.
#career-development

Could AI take the grind out of accountancy?

Accountants being the first generation to use AI from the start of their career.
AI streamlining tedious tasks to allow accountants to focus on more strategic decisions.

Becoming an accountant: 5 steps to start your career

Becoming a CPA offers significant career advantages but requires a commitment to education and licensing.

I was fired from Deloitte after 18 months. Here are the mistakes I made as a new grad.

Eddy Gramajo overcame a challenging upbringing to establish a successful career in accounting, despite initial struggles in corporate culture and being fired from Deloitte.

Becoming an accountant: 5 steps to start your career

The accounting profession is experiencing a decline in degree seekers, implying less competition and growth opportunities for driven candidates.

Could AI take the grind out of accountancy?

Accountants being the first generation to use AI from the start of their career.
AI streamlining tedious tasks to allow accountants to focus on more strategic decisions.

Becoming an accountant: 5 steps to start your career

Becoming a CPA offers significant career advantages but requires a commitment to education and licensing.

I was fired from Deloitte after 18 months. Here are the mistakes I made as a new grad.

Eddy Gramajo overcame a challenging upbringing to establish a successful career in accounting, despite initial struggles in corporate culture and being fired from Deloitte.

Becoming an accountant: 5 steps to start your career

The accounting profession is experiencing a decline in degree seekers, implying less competition and growth opportunities for driven candidates.
morecareer-development

8 ways AI can make accountants' jobs easier

AI simplifies accounting tasks, enhancing efficiency and effectiveness for accountants and their clients.

Why all B2B Businesses should embrace digital payments

B2B customers demand digital payment flexibility similar to B2C but the sector is slow in adapting.

America's most boring job is on the brink of extinction

Accountancy is facing a significant shortage due to declining student interest and aging professionals, jeopardizing financial reporting integrity.

Trump May Owe $100 Million From Double-Dip Tax Breaks, Audit Shows

Former President Trump may face a tax bill of over $100 million due to dubious accounting at his Chicago tower.

What Is A Business Transaction? Definition and Examples (2024) - Shopify

Understanding business transactions is crucial for managing cash flow and making accurate decisions.

20 Valuable Small-Business Tax Deductions | Bankrate

Small business tax deductions help lower taxable income.
Consult a professional to ensure proper tax filing.

Profit Powerhouse: Elevating Law Firm Financial Performance

Avoid common accounting pitfalls in small law firms
Get actionable tips to boost your law firm's bottom line

Job Vacancy: Senior Accountant - Remote // GoHiring | Finance Jobs | Berlin Startup Jobs

GOhiring is a leading software solution for automated job posting and recruiting analytics.
The role requires expertise in accounting, process optimization, and team collaboration.

Council Post: Thought 2023 Had A Lot Of Changes To The Workforce? Wait For 2024

Accountants and finance professionals are ready for change and many are leaving their jobs.
Accountants are pushing for financial transformation and want to take on more strategic roles.

Stock market and business definitions (cheat sheet)

The accounting equation is Assets = Liabilities + OwnersEquity
Alpha is a measure of an investment's performance compared to a benchmark
Assets can be tangible or intangible

Premier League set to scrutinise unofficial deadline day' transfers

Accountants at Premier League clubs faced a rush to balance books due to extensive player transfers in June, primarily to comply with profitability and sustainability rules.

'Forget national service' focus on financial literacy - London Business News | Londonlovesbusiness.com

Accountant Grace Hardy advocates for better financial education in schools to empower young people.
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