Tax accounting in the United States

Wolters Kluwer 2023 Nine-Month Trading Update

Retrieved on: 
Wednesday, November 1, 2023

Alphen aan den Rijn, November 1, 2023 – Wolters Kluwer, a global leader in professional information, software solutions and services, today releases its scheduled 2023 nine-month trading update.

Key Points: 
  • Alphen aan den Rijn, November 1, 2023 – Wolters Kluwer, a global leader in professional information, software solutions and services, today releases its scheduled 2023 nine-month trading update.
  • Recurring revenues (82% of total revenues) sustained strong momentum, growing 7% organically which was in line with 2022 and in line with the first half of 2023 (9M 2022: 7%; HY 2023: 7%).
  • On August 31, 2023, we cancelled 9.0 million shares that were held in treasury, as approved by shareholders at the AGM in May 2023.
  • In February 2023, we announced a 2023 share buyback program of up to €1 billion.

Wolters Kluwer 2023 Half-Year Report

Retrieved on: 
Wednesday, August 2, 2023

If the current U.S. dollar rate persists, currency will have a slightly negative effect on full-year 2023 results reported in euros.

Key Points: 
  • If the current U.S. dollar rate persists, currency will have a slightly negative effect on full-year 2023 results reported in euros.
  • In 2022, Wolters Kluwer generated over 60% of its revenues and adjusted operating profit in North America.
  • We continue to expect 2023 restructuring costs to be in the range of €10-€15 million (FY 2022: €6 million).
  • We expect the full-year 2023 cash conversion ratio to reduce to approximately 100% (FY 2022: 107%).

Wolters Kluwer appoints Bas Kniphorst as Executive Vice President and Managing Director, Tax & Accounting Europe

Retrieved on: 
Thursday, June 1, 2023

Wolters Kluwer appoints Bas Kniphorst as Executive Vice President and Managing Director, Tax & Accounting Europe

Key Points: 
  • Wolters Kluwer appoints Bas Kniphorst as Executive Vice President and Managing Director, Tax & Accounting Europe
    Alphen aan den Rijn – June 1, 2023 - Wolters Kluwer Tax & Accounting (TAA), a leading global provider of software, integrated workflow solutions, and information for tax, accounting, audit, and compliance professionals, today announced the appointment of Bas Kniphorst as Executive Vice President and Managing Director for TAA Europe, effective June 1.
  • Kniphorst was previously Vice President and Managing Director of Wolters Kluwer Legal & Regulatory (LR), Benelux.
  • Jason Marx , CEO of Wolters Kluwer TAA, commented: “Bas has a deep understanding of the tax and accounting market with a long track record of driving customer-driven innovation, transformation, and growth.
  • “During my time at Wolters Kluwer, I have been fortunate to work across the globe, managing a variety of high performing teams.

Wolters Kluwer First-Quarter 2023 Trading Update

Retrieved on: 
Wednesday, May 3, 2023

Alphen aan den Rijn, May 3, 2023 – Wolters Kluwer, a global leader in professional information, software solutions and services, today releases its first-quarter 2023 trading update.

Key Points: 
  • Alphen aan den Rijn, May 3, 2023 – Wolters Kluwer, a global leader in professional information, software solutions and services, today releases its first-quarter 2023 trading update.
  • Progress on 2023 share buyback: €303 million of intended share buyback of up to €1 billion completed in the year through May 1, 2023.
  • In the first quarter, the average EUR/USD rate was favorable (averaging 1.07 in 1Q 2023 versus 1.12 in 1Q 2022).
  • If approved, the final dividend of €1.18 per share will be paid to shareholders on June 6, 2023 (ADRs: June 13, 2023).

Global Professional Publishing Market Research Report 2022-2026: Focus on Tax, Accounting, and Business; Legal; Scientific and Technical; and Medical Publishing - ResearchAndMarkets.com

Retrieved on: 
Friday, April 21, 2023

The "Global Professional Publishing 2022-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Professional Publishing 2022-2026" report has been added to ResearchAndMarkets.com's offering.
  • This Global Professional Publishing 2022-2026 market research report has found that the total market for this category is valued at $74.7 billion for 2021, which represents a gain of 4.9% over 2020.
  • This industry includes the following four professional publishing segments: Tax, Accounting, and Business; Legal; Scientific and Technical; and Medical Publishing.
  • In addition to analyzing the market size and segments for these key segments, the report provides details on a wide range of other issues, trends, and forces defining and impacting the global professional publishing market.

Wolters Kluwer appoints divisional CEOs, creates fifth division dedicated to Corporate Performance and ESG

Retrieved on: 
Monday, March 6, 2023

Wolters Kluwer appoints divisional CEOs, creates fifth division

Key Points: 
  • Wolters Kluwer appoints divisional CEOs, creates fifth division
    Alphen aan den Rijn — March 6, 2023 —Wolters Kluwer, a leading software solutions and services provider, announced today three divisional CEO appointments that will set the stage for accelerated growth at the company.
  • Karen Abramson , formerly CEO of Tax & Accounting, is now the CEO of the new Corporate Performance & ESG (CP & ESG) division.
  • Steve Meirin k , formerly leading Compliance Solutions, is the new CEO of Wolters Kluwer Financial & Corporate Compliance.
  • The appointments follow Wolters Kluwer’s strategic decision announced in February of this year to create a 5th division, Corporate Performance & ESG (CP & ESG).

Olympic Steel Announces Finance and Accounting Department Promotions

Retrieved on: 
Tuesday, January 10, 2023

“We’re pleased to recognize the continued career growth of both Lisa and Kevin alongside the continued growth of Olympic Steel,” said Richard A. Manson, Chief Financial Officer.

Key Points: 
  • “We’re pleased to recognize the continued career growth of both Lisa and Kevin alongside the continued growth of Olympic Steel,” said Richard A. Manson, Chief Financial Officer.
  • She joined Olympic Steel in 1999 as a Tax Accountant and has since progressed through roles of increasing responsibility within the Finance and Accounting Department, most recently serving as Corporate Controller and Treasurer.
  • Mr. Eldridge joined Olympic Steel in 2011, quickly advancing in roles within the Corporate Accounting Department, including in his most recent position as Corporate Accounting Manager.
  • Mr. Eldridge earned his bachelor’s degree in accounting from Miami University and his master’s degree in accounting from Kent State University.

Wolters Kluwer 2022 Nine-Month Trading Update

Retrieved on: 
Wednesday, November 2, 2022

November 2, 2022 Wolters Kluwer (EURONEXT: WKL), a global leader in professional information, software solutions and services, today releases its scheduled 2022 nine-month trading update.

Key Points: 
  • November 2, 2022 Wolters Kluwer (EURONEXT: WKL), a global leader in professional information, software solutions and services, today releases its scheduled 2022 nine-month trading update.
  • Early in the year, we announced a 2022 share buyback program of 600 million, which was later expanded to 1 billion on August 3, 2022.
  • On August 31, 2022, we cancelled 5.0 million shares that were held in treasury, as approved by shareholders at the AGM in April 2022.
  • As of September 30, 2022, 252.3 million shares were outstanding and 5.2 million shares were held in treasury.

Brightpearl Preps Online Holiday Readiness with 'Peak Season Summit'

Retrieved on: 
Thursday, September 15, 2022

The retail operating specialist today announced that registration is open for the Peak Season Summit, which will be held virtually.

Key Points: 
  • The retail operating specialist today announced that registration is open for the Peak Season Summit, which will be held virtually.
  • Brightpearl researchers extensively polled merchants earlier this year to understand the top concerns that small, mid-market and enterprise merchants have when it comes to peak season trading.
  • Based in Bristol (UK) and Austin, Texas (US), Brightpearl by Sage provides a retail operating system (ROS) for retailers and wholesalers.
  • In 2022, Brightpearl became part of the Sage Group plc, with the combination of Sage Intacct and Brightpearl creating a powerful solution for retailers and wholesalers.

FlexCast takes its throne as Western CPE's new webcast super feature

Retrieved on: 
Wednesday, August 24, 2022

BOZEMAN, Mont., Aug. 23, 2022 /PRNewswire/ -- The time of scheduling headaches and sacrificing more work time is over. Western CPE has launched its new Webcast platform super feature — FlexCast™.

Key Points: 
  • Western CPE has launched its new Webcast platform super feature FlexCast.
  • With the new platform feature, customers can now eliminate the obstacles of rigid Webcast availability dates, fixed start and end times, and strict learning hours.
  • With FlexCast, Webcast courses with two or more credits are now conveniently divided into discrete 50-minute segments with built-in compliance, tracking, and expert moderation elements.
  • "With FlexCast, I think our customers will appreciate and enjoy the untethering from traditional webcast CPE more than anything else.