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Aussie Auditors’ Role In Reverse Factoring Disclosure Questioned

PYMNTS

Several high-profile corporate collapses and initiatives from corporate accounting standard-setters have raised questions about businesses’ use of supply chain finance and whether the trade finance tool prevents investors and auditors from gaining a transparent view into company finances. Reverse Factoring, Auditing Scrutinized.

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Fund Accounting for Nonprofits & Charities

The Charity CFO

If you’re looking for info on fund accounting in government here is a great resource for you. Both Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) 116/117 require at least a minimum level of fund reporting, so you’ll need it in order to pass an audit.

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Business Leaders Chosen To Scrutinize UK Accounting Watchdog

PYMNTS

M&G chief executive Anne Richards, HM Treasury non-executive director and deputy chair of Kinnevik Amelia Fawcett, and former audit partner at PwC and former chair of the Accounting Standard Board Mary Keegan are all on the panel. lender HBOS and, more recently, the collapse of government construction contractor Carillion.

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How NPOs Can Master Financial Planning

The Finance Weekly

Many of the same financial issues that profit-seeking enterprises face, such as increasing revenue, managing audits, and dealing with compliance, encounter non-profit organizations (NPOs). This could imply more efficient auditing via online financial software that allows for remote audits. Master the basics of accounting.

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The UK’s Damning Carillion Report: The Spark For Change, Or An Unanswered Call?

PYMNTS

Since the collapse of Carillion , once the nation’s second-largest construction company and a massive government supplier, fingers have been pointed in all directions. There is a loss of confidence in audit, and I think that the industry needs to address that urgently,” Haddrill told The Financial Times in March. “In

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Quickbooks Integrations for Better Connectivity and Reporting

The Finance Weekly

All from within Excel, Connect equips users to import live data from all ERP systems, effortlessly construct reports, and access all ERP data from your spreadsheets. With pre-built compliance safeguarding and meeting accounting standards including audit trials and access controls.

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Data Dive: New Things Edition – Wells Fargo, Amazon And Bitcoin

PYMNTS

Amazon said many of the jobs will be in the company’s new fulfillment centers that are currently under construction in Texas, California, Florida, New Jersey and other states around the country. Additionally, bitcoin exchanges in Japan will now be required to conduct employee training programs and submit to annual audits. In the U.S.,