Accounting

360Quadrants Releases Quadrant of Best Accounting Software Vendors

Thursday, July 2, 2020 - 5:00pm

CHICAGO, July 2, 2020 /PRNewswire/ -- Accounting Software is used by accounting professionals to manage day-to-day accounts and perform other accounting operations.

Key Points: 
  • CHICAGO, July 2, 2020 /PRNewswire/ -- Accounting Software is used by accounting professionals to manage day-to-day accounts and perform other accounting operations.
  • 360Quadrants, the most granular comparison platform, has released a quadrant on Best Accounting Software to help businesses make quicker and more informed decisions.
  • Quadrants will be updated every three months based on market and regional analyses and developments in Accounting Software.
  • 360Quadrants also lists the 20 best companies in the accounting software space.

360Quadrants Releases Quadrant of Best Accounting Software Vendors

Thursday, July 2, 2020 - 5:00pm

CHICAGO, July 2, 2020 /PRNewswire/ -- Accounting Software is used by accounting professionals to manage day-to-day accounts and perform other accounting operations.

Key Points: 
  • CHICAGO, July 2, 2020 /PRNewswire/ -- Accounting Software is used by accounting professionals to manage day-to-day accounts and perform other accounting operations.
  • 360Quadrants, the most granular comparison platform, has released a quadrant on Best Accounting Software to help businesses make quicker and more informed decisions.
  • Quadrants will be updated every three months based on market and regional analyses and developments in Accounting Software.
  • 360Quadrants also lists the 20 best companies in the accounting software space.

Angel Oak Capital Advisors Brings Third Securitization of 2020 to Market

Thursday, July 2, 2020 - 3:59pm

Angel Oak Capital Advisors, LLC (Angel Oak), has completed AOMT 2020-3, a $530 million securitization composed primarily of nonqualified mortgage (non-QM) loans originated by its affiliate mortgage lenders Angel Oak Mortgage Solutions, LLC , and Angel Oak Home Loans, LLC .

Key Points: 
  • Angel Oak Capital Advisors, LLC (Angel Oak), has completed AOMT 2020-3, a $530 million securitization composed primarily of nonqualified mortgage (non-QM) loans originated by its affiliate mortgage lenders Angel Oak Mortgage Solutions, LLC , and Angel Oak Home Loans, LLC .
  • AOMT 2020-3, Angel Oaks third securitization this year, consists of 1,356 loans, 87.8% of which were originated by Angel Oak affiliates.
  • About Angel Oak Capital Advisors, LLC
    Angel Oak Capital Advisors is an investment management firm focused on providing compelling fixed-income investment solutions for its clients.
  • Backed by a value-driven approach, Angel Oak Capital Advisors seeks to deliver attractive risk-adjusted returns through a combination of stable current income and price appreciation.

Andersen Global Expands in the Caribbean

Thursday, July 2, 2020 - 2:30pm

Collaborating with Andersen Global enhances our ability to deliver seamless coverage globally and provide a more comprehensive range of services.

Key Points: 
  • Collaborating with Andersen Global enhances our ability to deliver seamless coverage globally and provide a more comprehensive range of services.
  • Gaby has built one of the strongest practices in the region and will provide broad and synergistic regional coverage as we expand our presence in the Caribbean, said Andersen Global Chairman and Andersen CEO Mark Vorsatz.
  • Andersen Global is an international association of legally separate, independent member firms comprised of tax and legal professionals around the world.
  • Established in 2013 by U.S. member firm Andersen Tax LLC, Andersen Global now has more than 5,000 professionals worldwide and a presence in over 177 locations through its member firms and collaborating firms.

Kathleen Weslock Joins Avalara as Chief Human Resources Officer

Thursday, July 2, 2020 - 11:30am

Avalara, Inc. (NYSE: AVLR), a leading provider of cloud-based tax compliance automation for businesses of all sizes, today announced the appointment of human resources veteran Kathleen Weslock as its new chief human resources officer.

Key Points: 
  • Avalara, Inc. (NYSE: AVLR), a leading provider of cloud-based tax compliance automation for businesses of all sizes, today announced the appointment of human resources veteran Kathleen Weslock as its new chief human resources officer.
  • Weslock brings more than two decades of experience leading global human resources to Avalara.
  • Weslock comes to Avalara from Livent, a start-up lithium technology company, where she served as the chief human resources officer.
  • Her track record of leading robust human resources strategy and creating inclusive workplace culture makes her an ideal addition to Avalara.

UK DB Pension Schemes Lose up to £250m a Year Due to Use of Less Tax-efficient Funds, Research by AMX and Northern Trust Reveals

Thursday, July 2, 2020 - 9:14am

The study shows that a total of 56bn was invested in less tax-efficient funds by UK pension schemes in 2019.

Key Points: 
  • The study shows that a total of 56bn was invested in less tax-efficient funds by UK pension schemes in 2019.
  • This is an important time when DB pension schemes should be looking to take advantage of every revenue stream available to them.
  • Over the next 10 years, UK DB pension schemes could add nearly 2.5bn in assets by adopting tax efficient fund structures for their pooled fund equity investments.
  • Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S.

Sidley Announces Leadership Changes, Promotions in Munich and London

Wednesday, July 1, 2020 - 7:52pm

Sidley Austin LLP is pleased to announce a series of leadership changes and promotions in its London and Munich offices, effective immediately.

Key Points: 
  • Sidley Austin LLP is pleased to announce a series of leadership changes and promotions in its London and Munich offices, effective immediately.
  • Roderic Pagel has been appointed managing partner of the firms Munich office and Volker Kullmann has joined Sidleys Executive Committee.
  • I am proud and honored to have the opportunity to serve Sidley in a leadership capacity on the Executive Committee, said Mr. Kullmann.
  • Sidley and Sidley Austin refer to Sidley Austin LLP and affiliated partnerships as explained at www.sidley.com/disclaimer .

Windes Announces New Partners

Wednesday, July 1, 2020 - 7:15pm

Windes , a leading California accounting and advisory firm, today announced the appointments of Lisa Carrick and Samantha Graboff as partners in its Audit & Assurance Services department.

Key Points: 
  • Windes , a leading California accounting and advisory firm, today announced the appointments of Lisa Carrick and Samantha Graboff as partners in its Audit & Assurance Services department.
  • Carrick joined Windes in 2004 after earning her degree at California Polytechnic State University, San Luis Obispo.
  • She joined the Windes audit department in 2017 and services a wide range of industries, including manufacturing and distribution, real estate, and professional service firms.
  • Windes is a leading audit, tax, and advisory firm for growth-oriented small and mid-sized privately held companies, nonprofit organizations, and high-net-worth individuals.

LeaseCrunch launches free lease accounting calculator as COVID-19 makes lease revisions more complicated

Wednesday, July 1, 2020 - 3:00pm

MILWAUKEE, Wis., July 1, 2020 /PRNewswire-PRWeb/ -- LeaseCrunch, the only lease accounting software made by former CPA firm auditors for CPA firm auditors, today announced the launch of their free lease accounting calculator, which quickly shows cost savings between lease software and spreadsheets.

Key Points: 
  • MILWAUKEE, Wis., July 1, 2020 /PRNewswire-PRWeb/ -- LeaseCrunch, the only lease accounting software made by former CPA firm auditors for CPA firm auditors, today announced the launch of their free lease accounting calculator, which quickly shows cost savings between lease software and spreadsheets.
  • So we developed the LeaseCrunch calculator which shows how much time can be saved by switching form spreadsheets to lease accounting software.
  • The LeaseCrunch calculator covers costs related to:
    Generating monthly journal entries -- Generating a monthly journal entry to import into your accounting system, properly including all existing, new, and revised leases.
  • For more information on the LeaseCrunch calculator, go to: https://www.leasecrunch.com/the-time-saving-calculator
    Named by Accounting Today as one of the top new products of 2019, LeaseCrunch provides cloud-based lease accounting software for CPA firms, designed to help organizations implement the new lease accounting standards, ASC 842 and IFRS 16.

Luckin Announces the Substantial Completion of the Internal Investigation

Wednesday, July 1, 2020 - 1:58pm

In the course of the Internal Investigation, the Special Committee and its advisors reviewed over 550,000 documents collected from over 60 custodians, interviewed over 60 witnesses, and performed extensive forensic accounting and data analytics testing.

Key Points: 
  • In the course of the Internal Investigation, the Special Committee and its advisors reviewed over 550,000 documents collected from over 60 custodians, interviewed over 60 witnesses, and performed extensive forensic accounting and data analytics testing.
  • The Special Committee based its recommendations regarding Mr. Charles Zhengyao Lu on documentary and other evidence identified in the Internal Investigation and its assessment of Mr. Charles Zhengyao Lus degree of cooperation in the Internal Investigation.
  • The Company is chartering an internal audit function to test and evaluate its control functions.The Company will also strengthen ongoing compliance training to its employees.
  • Luckin Coffee Inc.(OTC: LKNCY) has pioneered a technology-driven retail network to provide coffee and other products of high quality, high affordability, and high convenience to customers.