Public Company Accounting Oversight Board

Chilco River Holdings to Commence Audits to Become Fully-SEC Reporting

Retrieved on: 
Thursday, November 3, 2022
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CHATSWORTH, Calif., Nov. 3, 2022 /PRNewswire/ -- Chilco River Holdings, Inc. ("Chilco River") (OTC: CRVH), a multifaceted consumer packaged goods ("CPG") company, announced today it is pursuing immediate steps to become an SEC fully reporting company.

Key Points: 
  • CHATSWORTH, Calif., Nov. 3, 2022 /PRNewswire/ -- Chilco River Holdings, Inc. ("Chilco River") (OTC: CRVH), a multifaceted consumer packaged goods ("CPG") company, announced today it is pursuing immediate steps to become an SEC fully reporting company.
  • Chilco River has retained the services of Gries & Associates LLC to conduct an audit of the past 2 years of its financial statements.
  • Will Lovett, Chief Executive Officer of Chilco River Holdings stated, "One of our top priorities to execute upon is to become fully SEC reporting.We look forward to working with Gries & Associates LLC which will begin immediately."
  • Chilco River Holdings, Inc. is a multifaceted consumer packaged goods ("CPG") company focused on developing, manufacturing, and distributing premium, high-growth products.Chilco plans to launch a variety of its own brands and through mergers & acquisitions.

Territorial Bancorp Inc. Declares Dividend

Retrieved on: 
Thursday, October 27, 2022
Treasury, Company, Â, Security (finance), Public Company Accounting Oversight Board, U.S. Securities and Exchange Commission, NASDAQ, Board of directors, Forward-looking statement, Growth, Goal, Unitary state, Financial Accounting Standards Board, Finance, Environment, Income, Board, Terrorism, Pandemic, GLOBE, COVID-19, Federal Reserve Board of Governors, Government, Clifton Bancorp, Inc., Office of the Supervising Architect for the U.S. Treasury, Holding company, Bank, Audit, Design, Risk management

HONOLULU, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the Company), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that its Board of Directors approved a quarterly cash dividend of $0.23 per share.

Key Points: 
  • HONOLULU, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the Company), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that its Board of Directors approved a quarterly cash dividend of $0.23 per share.
  • The dividend is expected to be paid on November 23, 2022 to stockholders of record as of November 10, 2022.
  • Rising interest rates have increased interest expense but our strong capital and asset quality will allow us to continue to serve our community well.
  • Because of these and a wide variety of other uncertainties, our actual future results may be materially different from the results indicated by these forward-looking statements.

Victory Square Technologies Announces Change Of Auditor

Retrieved on: 
Tuesday, October 25, 2022
News, Canadian Securities Exchange, MNP, OTCQX, Insurance, Time, Growth, VST, Victory Square, Organization, Education, Change, ESG, Public Company Accounting Oversight Board, Square, Victory, Mental health, Notice, Company, Acquisition, Science and technology in Asia, AI, Victory Square, Vancouver, Health, Board, CSE, Chartered Professional Accountant, First Nations, Letter, OTC, Skin, MNP LLP, GLOBE, Board of directors, Next, LLP, Solution, Risk, Engineering, SEDAR, Audit, Renewable energy

The board of directors of the Company appointed the Successor Auditor as the new auditor until the next Annual General Meeting of the Company.

Key Points: 
  • The board of directors of the Company appointed the Successor Auditor as the new auditor until the next Annual General Meeting of the Company.
  • The Notice, together with the letters from the Former Auditor and the Successor Auditor and the cover letter are available on www.sedar.com .
  • For further information about the Company, please contact:
    Media Relations Contact Peter Smyrniotis, Director
    ABOUT VICTORY SQUARE TECHNOLOGIES INC.
  • Victory Square (VST) builds, acquires and invests in promising startups, then provides the senior leadership and resources needed for fast-track growth.

Bookkeep Advances Mission to Eliminate Manual Data Entry in the Accounting Industry with a $6.6 Million Investment Led by Fin Capital

Retrieved on: 
Thursday, October 20, 2022
Pressure, API, CFO, Cannabis, Sale, NetSuite, Growth, Bookkeeping, POS, Completeness, PayPal, Stripe, Workload, CSV, Technology, Shopkeeper, Automation, NEW, Public Company Accounting Oversight Board, Industry, Xero, Seed, Small business, Uber Eats, Process-data diagram, Face, QuickBooks, CPA, CPAS, PDF, Commerce, Positive economics, Paradox, Online shopping, Sales, Management, Microsoft Excel, Squarespace, Sage, Shopify

NEW YORK, Oct. 20, 2022 /PRNewswire-PRWeb/ -- Bookkeep, the smarter accounting automation platform, announced a $6.6 million seed+ round of funding led by Fin Capital, with participation from existing investors TTV Capital, Argonautic Ventures, Lerer Hippeau, Haymaker Ventures, and others. This round brings Bookkeep's total funding to $10 million, following a $3.3 million seed round in 2021 led by Lerer Hippeau.

Key Points: 
  • This round brings Bookkeep's total funding to $10 million, following a $3.3 million seed round in 2021 led by Lerer Hippeau.
  • Bookkeep is the preferred accounting automation platform for more than 850 small and mid-market brands totaling billions in annualized revenue.
  • Its technology enables professional accountants and bookkeepers to generate accrual-based sales accounting entries and reconcile payment deposits automatically.
  • "This additional capital underscores the difficult problems that still need to be solved in the underserved accounting industry.

FEI's 2022 Corporate Financial Reporting Insights (CFRI) Conference to Focus on How Corporations Adapt Business Models to Align with Societal Priorities

Retrieved on: 
Wednesday, October 12, 2022
Linda, Diamond, U.S. Securities and Exchange Commission, Sheraton New York Times Square Hotel, Financial Accounting Standards Board, Deloitte, SEC, Financial Executives International, Visual literacy, Conference, PCAOB, ESG, Organization, CAE, Johnson & Johnson, Research, Twitter, Publication, Corporation, Division, FASB, KPMG, Technical, Knowledge, Chemical and Biological Arms Control Institute, Public Company Accounting Oversight Board, Industry, CPE, Board, Corporate Finance Institute, CEO, U.S. SEC, Association, Defence Planning Committee, PricewaterhouseCoopers, Moody, Planning committee, Environment, Nike, FEI, Moody's Investors Service, Kroll, CAO, Disclosure, Chapter, Policy, Audit, Management, Accounting, EY, Nielsen, Workiva

MORRISTOWN, N.J., Oct. 12, 2022 /PRNewswire-PRWeb/ -- Financial Executives International (FEI), the association of choice for finance leaders, announced today that it will hold its annual Corporate Financial Reporting Insights (CFRI) Conference on November 7 and 8. The hybrid event will be hosted in person at the Sheraton New York Times Square, and available virtually. This year's theme—Leading Beyond the Numbers—aims to aid financial professionals in gaining the knowledge necessary to help their organizations reframe their societal roles. Attendees can earn up to 18 CPE credits and are encouraged to join the conversation on Twitter by using #FEIcfri2022. Visit here to register.

Key Points: 
  • This year's themeLeading Beyond the Numbersaims to aid financial professionals in gaining the knowledge necessary to help their organizations reframe their societal roles.
  • Attendees can earn up to 18 CPE credits and are encouraged to join the conversation on Twitter by using #FEIcfri2022.
  • This year's agenda is designed to help financial leaders learn from each other how best to support these new objectives."
  • Financial Executives International (FEI) is the leading association and advocate for the views of corporate financial management.

New Oriental Provides Update on Status under Holding Foreign Companies Accountable Act

Retrieved on: 
Monday, October 10, 2022
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BEIJING, Oct. 10, 2022 /PRNewswire/ --New Oriental Education & Technology Group Inc. ("New Oriental" or the "Company") (NYSE: EDU and SEHK: 9901), a provider of private educational services in China, today updates its status under the Holding Foreign Companies Accountable Act (the "HFCAA").

Key Points: 
  • BEIJING, Oct. 10, 2022 /PRNewswire/ --New Oriental Education & Technology Group Inc. ("New Oriental" or the "Company") (NYSE: EDU and SEHK: 9901), a provider of private educational services in China, today updates its status under the Holding Foreign Companies Accountable Act (the "HFCAA").
  • This is the first time that the Company was named so after the SEC started to make such identification pursuant to the HFCAA and its implementation rules issued thereunder.
  • The Company will continue to comply with applicable laws and regulations in both China and the United States.
  • New Oriental is a provider of private educational services in China offering a wide range of educational programs, services and products to a varied student population throughout China.

SEC Charges Audit Firm RSM and Three Senior-Level Employees with Failure to Properly Conduct Client Audits

Retrieved on: 
Friday, September 30, 2022
Revolution, RSM, Division, Condon, Review, Kirn, LLP, U.S. Securities and Exchange Commission, Manchester–Boston Regional Airport, RSM US, Fraud, Public Company Accounting Oversight Board, Security (finance), SEC, Mission statement, Accounting, Audit

The SEC also charged RSM partners Steven Kirn and Richard Condon and senior audit manager Michael Piqueira for their roles in the improper audits.

Key Points: 
  • The SEC also charged RSM partners Steven Kirn and Richard Condon and senior audit manager Michael Piqueira for their roles in the improper audits.
  • The SECs order against the three employees finds that Kirn, RSMs lead partner on its Revolution audits, and Piqueira, the senior manager on those audits, failed to adequately plan, supervise, and execute the audits.
  • "RSM failed to do this at all levels, from the engagement team up through the firms national office.
  • The SECs case is being handled by Peter Moores, Ryan Murphy, Trevor Donelan, Marc Jones, and Michele T. Perillo of the Boston Regional Office.

Deloitte's Chinese Affiliate to Pay $20 Million Penalty for Asking Audit Clients to Conduct Their Own Audit Work

Retrieved on: 
Thursday, September 29, 2022
Health, Public Company Accounting Oversight Board, Deloitte, Quality control, Review, Enforcement, Program, U.S. Securities and Exchange Commission, Censure, Documentation, Holding, Associate, Security (finance), SEC, PCAOB, Disclosure, Mission statement, Accounting, Audit

Deloitte-China agreed to settle the charges by paying a $20 million penalty and agreeing to extensive remedial measures.

Key Points: 
  • Deloitte-China agreed to settle the charges by paying a $20 million penalty and agreeing to extensive remedial measures.
  • Its a privilege for issuers to access our markets the largest, deepest, most liquid markets in the world.
  • The order finds that the misconduct involved both junior and senior audit team members and reflected a lack of audit supervision by audit partners.
  • The order also requires Deloitte-China to require additional training over three years for all of its audit professionals who serve U.S. public company audit clients.

Johnson Global Accountancy and Grant Thornton to provide accounting firms with cloud-based technology for ISQM1 compliance

Retrieved on: 
Monday, September 26, 2022
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Johnson Global Accountancy has entered an agreement with Grant Thornton LLP to be a reseller of Grant Thorntons qm.x application.

Key Points: 
  • Johnson Global Accountancy has entered an agreement with Grant Thornton LLP to be a reseller of Grant Thorntons qm.x application.
  • As a result, firms can enjoy a marriage of consulting know-how from Johnson Global Accountancy and technology from Grant Thornton.
  • For Johnson Global Accountancy, qm.x represents a significant addition to its suite of quality management services for accounting firms worldwide.
  • Grant Thornton LLP (Grant Thornton) is one of Americas largest audit, tax and advisory firms and the U.S. member firm of the Grant Thornton International Ltd global network.

Biju Samuel Joins Frazier & Deeter as Chief Information Officer

Retrieved on: 
Friday, September 23, 2022
Convergent Technologies Operating System, FD, Culture, Public Company Accounting Oversight Board, Canadian Public Accountability Board, Efficiency, Fortune, American Institute, Best, Senior, Woman, Fortune Global 500, American Institute of Certified Public Accountants, CEO, National, Technology, Solution, Certified Public Accountant, Management, Leadership

ATLANTA, Sept. 23, 2022 /PRNewswire-PRWeb/ -- Frazier & Deeter, one of the nation's Top 50 accounting and advisory firms, announced today that Biju Samuel joined the firm as Chief Information Officer.

Key Points: 
  • ATLANTA, Sept. 23, 2022 /PRNewswire-PRWeb/ -- Frazier & Deeter, one of the nation's Top 50 accounting and advisory firms, announced today that Biju Samuel joined the firm as Chief Information Officer.
  • Biju brings over 20 years of technology operations leadership and organization development experience to the firm.
  • "I'm excited to serve as Frazier & Deeter's Chief Information Officer and join this great organization that focuses on building strong, long-term relationships with its people, clients and community," said Biju.
  • Frazier & Deeter is an award-winning Top 50 accounting & advisory firm that offers a full scope of tax, audit, internal controls advisory and business transformation services.