Accountant

PIATT COMPANIES WELCOMES TWO NEW EXECUTIVES TO LEADERSHIP TEAM

Retrieved on: 
Wednesday, September 27, 2023

PITTSBURGH, Sept. 27, 2023 /PRNewswire/ -- Piatt Companies has announced it has added two new executives to its leadership team. The family-owned company is welcoming Art Borowski as Chief Financial Officer and Richard K. Miller as Executive Vice President of Investments. 

Key Points: 
  • Announcing Art Borowski as new CFO and Richard K. Miller as the Executive Vice President of Investments
    PITTSBURGH, Sept. 27, 2023 /PRNewswire/ -- Piatt Companies has announced it has added two new executives to its leadership team.
  • "This marks a new chapter for the growth of our company and our culture," said Piatt Companies CEO Lucas Piatt.
  • Art Borowski comes to Piatt Companies with over 30 years of experience managing large-scale real estate and hotel portfolios in leadership, finance, development, operations and accounting.
  • "I look forward to bringing my experience in hospitality and real estate to continue to inspire and collaborate with Lucas and Marcus Piatt and the great team at Piatt Companies."

Providing Clarity Regarding the Recent IRS ERC Processing Changes

Retrieved on: 
Tuesday, September 26, 2023

The IRS stated they are not processing NEW claims right now, but what does that really mean?

Key Points: 
  • The IRS stated they are not processing NEW claims right now, but what does that really mean?
  • Per a recent conversation with an IRS Agent at the Small Business Expo , business owners should absolutely still submit their claims, but they better not be fake.
  • What if I have an ERC application that is still processing with the IRS?
  • If you received the funds through erroneous claims, you could be audited and contacted to settle this matter with the IRS.

Avalara Shares New Integrations and APIs in Advance of Avalara NEXT, Its Annual Virtual Conference for Developers

Retrieved on: 
Monday, September 18, 2023

To register for Avalara NEXT, visit: https://avlr.co/NEXT23

Key Points: 
  • To register for Avalara NEXT, visit: https://avlr.co/NEXT23
    Avalara continues to expand opportunities for its partner community including offering more flexibility and control to developers.
  • With new and future APIs for compliance, software developers can more quickly and easily build complete Avalara compliance workflows into a variety of business applications.
  • Avalara will demonstrate how easy it is for developers interested in building e-invoicing into their workflows with the Avalara ELR API on day one of Avalara NEXT.
  • "Avalara is committed to making it fast and easy for developers to build integrations, experiences, and new applications on our compliance platform," said Danny Fields, EVP and CTO at Avalara.

Nearly 75% of small businesses concerned AI development and adoption is outpacing regulation

Retrieved on: 
Wednesday, August 23, 2023

DENVER, Aug. 23, 2023 /PRNewswire-PRWeb/ -- A survey from Xero, the global small business platform, has revealed that 73% of U.S. small business owners are concerned AI development and adoption is outpacing regulation, as generative AI tools permeate various industries and the workforce.

Key Points: 
  • Xero's Future Focus AI survey interviewed over 3,000 small business owners globally, including 500 small business owners from the United States on their perceptions of, thoughts on and planned actions for AI.
  • When exploring the benefits that AI can bring, small businesses are also paying attention to the risks.
  • For example, nearly half (49%) of small businesses said they trust AI with identifiable customer information, while 41% trust AI with their sensitive commercial information.
  • However, a quarter of small businesses say they are not sure what impact AI will have on their business.

Inflation's Impact on Real Wages is Leading Concern for Finance Professionals in the Americas, According to ACCA Talent Report

Retrieved on: 
Tuesday, August 22, 2023

NEW YORK, Aug. 22, 2023 /PRNewswire/ -- A new report released today by ACCA (the Association of Chartered Certified Accountants)  explores key talent issues in the workplace among finance professionals across the Americas (including North America, Central and South America, and the Caribbean). Concerns over inflation and preference for remote work emerged as top issues in the research—informed by a global survey and local roundtables—and the report found that high levels of mobility may drive a possible talent crunch in the sector.

Key Points: 
  • The survey identified the impact of inflation on employees' real wages as the leading work-related concern for the future—both globally and across the Americas.
  • The impact of inflation also consistently ranks as the leading concern across all generations by both men and women, and as the leading concern across many sectors.
  • "We have been hearing from employers their concerns about talent retention in the face of growing wage pressures," said Jillian Couse, head of ACCA North America.
  • "Employers must continue to find ways to attract and retain talent in order to service the growing demands of the profession."

Aquis Stock Exchange: Application for Admission Announcement

Retrieved on: 
Tuesday, August 22, 2023

The current directors will remain on the Board following the listing on Aquis Stock Exchange.

Key Points: 
  • The current directors will remain on the Board following the listing on Aquis Stock Exchange.
  • He is currently a non-executive Director of Conroy Gold and Natural Resources plc and Karelian Diamond Resources plc.
  • Brendan is Chair of the Audit Committee and is a member of the Remuneration Committee and Technical and ESG Committee.
  • On admission to AQSE, Ormonde would be akin to an enterprise company with two investments already completed and sufficient working capital.

Drake Software Awarded High Ratings in 2023 Journal of Accountancy and NATP Tax Software Surveys

Retrieved on: 
Friday, August 18, 2023

FRANKLIN, N.C., Aug. 18, 2023 /PRNewswire/ -- In newly released surveys by the Journal of Accountancy (JOA) and National Association of Tax Professionals (NATP), users gave Drake Software high scores across multiple categories and ranked Drake among the best tax software options.

Key Points: 
  • FRANKLIN, N.C., Aug. 18, 2023 /PRNewswire/ -- In newly released surveys by the Journal of Accountancy (JOA) and National Association of Tax Professionals (NATP), users gave Drake Software high scores across multiple categories and ranked Drake among the best tax software options.
  • Drake ranked particularly well in Updates/Installation, Compatibility/Reliability, and Most Recommended to a New Practice – areas of great importance to tax professionals.
  • Drake receives high ratings in industry surveys including Compatibility/Reliability, Most Recommended to a New Practice
    Often, consumers value user ratings as the most important factor when selecting a new product.
  • The JOA survey revealed that an overwhelming 95.7% of Drake responders would recommend Drake Tax to a new practice.

Sweet Leaf Madison Capital Named ‘Top Lender’ in Cannabis Industry Finance Awards

Retrieved on: 
Wednesday, August 9, 2023

DENVER, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Sweet Leaf Madison Capital (“SLMC” or “Sweet Leaf Madison”), a nationwide provider of customized debt solutions for the middle-market cannabis industry, was recently named “Top Lender” in the 2023 Green Market Report Cannabis Financial Awards , which recognize exceptional achievements and contributions to the cannabis industry.

Key Points: 
  • DENVER, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Sweet Leaf Madison Capital (“SLMC” or “Sweet Leaf Madison”), a nationwide provider of customized debt solutions for the middle-market cannabis industry, was recently named “Top Lender” in the 2023 Green Market Report Cannabis Financial Awards , which recognize exceptional achievements and contributions to the cannabis industry.
  • The awards honor individuals and companies who play critical roles in navigating the complicated financial world of the cannabis industry.
  • “It is indeed an honor for Sweet Leaf Madison Capital to be recognized in this way, particularly when we know it comes from our peers in the industry,” said Andrew Kaye, Chief Commercial Officer of SLMC.
  • Rather than investing in one business or one market, Sweet Leaf Madison spreads its asset-based debt financing across a wide range of cannabis businesses in all medical and adult-use states.

Economic Confidence Among Finance Professionals Continues Rising in North America Despite Stalling Globally in Q2

Retrieved on: 
Tuesday, August 1, 2023

Sentiment at the global level remains around its long-term average, as do the key indices--new orders, Capital expenditure and employment--while those key indices rose in the North American market. In contrast, confidence fell sharply in Asia Pacific and export-sensitive Western Europe.

Key Points: 
  • Finance professionals' economic confidence continued rising in North America through Q2 despite stalling globally.
  • Published quarterly, GECS is the largest regular economic survey of accountants carried out globally.
  • The report explores how ongoing aggressive interest rate hikes by central banks, and China's weaker than expected economic recovery, have likely weighed on confidence.
  • Indices measuring global problems accessing finance and securing prompt payment both deteriorated in Q2, although neither looks particularly worrying yet by historical standards.

Corporate Finance & Accounting Talent Research Study: Report Identifies Talent Challenges and Trends

Retrieved on: 
Thursday, July 27, 2023

CHICAGO, July 27, 2023 /PRNewswire-PRWeb/ -- The results of a national study of corporate finance & accounting talent or human resources is now available in a published report by the Controllers Council. The research identifies hiring plans, transitions to Onsite vs. Remote work environments, outsourcing usage, compensation and benefits trends, and more.

Key Points: 
  • The results of a national study of corporate finance & accounting talent or human resources is now available in a published report by the Controllers Council.
  • CHICAGO, July 27, 2023 /PRNewswire-PRWeb/ -- The results of a national study of corporate finance & accounting talent or human resources is now available in a published report by the Controllers Council.
  • "The Corporate Finance and Accounting Talent study uncovered new insights into many aspects of effectively managing people during extremely challenging environments", states Neil Brown, Controllers Council Executive Director.
  • To view or download the Corporate Accounting & Finance Talent Study Report, link to: https://controllerscouncil.org/research-studies/corporate-finance-accoun...
    To view the webcast video archive, Corporate Accounting & Finance Talent Study Results Preview – Webcast Panel, link to: https://controllerscouncil.org/events/corporate-accounting-finance-talen...