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News
SEC Charges Founder and His Two New Jersey-Based Companies in Alleged $16 Million Ponzi Scheme
3+ day, 20+ hour ago (369+ words) The Securities and Exchange Commission today charged Ernest Ossei Boateng and two New Jersey-based companies....gov websites use HTTPS More in this Section SEC Charges Founder and His Two New Jersey-Based Companies...The Securities and Exchange Commission today charged Ernest…...
Statement on Commencement of Appointment Process for Public Company Accounting Oversight Board Seat
3+ week, 5+ day ago (330+ words) websites use HTTPS More in this Section Statement on Commencement of Appointment Process for Public Company...and Exchange Commission (the “SEC”), I am soliciting candidates to serve as a member of the Public Company...Sarbanes-Oxley Act of 2002 (the “Act”) and…...
Caseware rolls out Excel add-on, client request AI
4+ day, 20+ hour ago (284+ words) Audit and risk solutions platform Caseware announced new upgrades that allow users to bring the company's...The company also unveiled an AI-first evolution of its Client Requests feature....customers points to the same opportunity: extending that same connected intelligence across…...
Will AI replace accounting firms in the small biz market?
2+ week, 6+ day ago (944+ words) Financial reporting is just one of the areas where AI can reduce costs the most, especially for companies...AI can: Finding these issues earlier can reduce audit adjustments and rework.7....Let's imagine a $30 million company with a CFO, a controller…...
A Chinese humanoid startup flips 'distillation' claim on OpenAI as it releases a new robotics model
3+ day, 7+ hour ago (427+ words) OpenAI in Chinese that raises questions about technical and design similarities between the two companies..."People often say major tech companies have intelligence networks monitoring the whole internet, this...Some concepts are existing parts of AI research more broadly, although…...
When a client's mailbox is sending fake invoices, the password reset is only the beginning
6+ day, 20+ hour ago (188+ words) customers, are receiving invoices and payment-change requests from an address inside the client's company...The IRS will be cracking down further on people who fail to file tax returns after earlier efforts didn't...
What offshoring vendors don't want you to know
1+ week, 2+ day ago (266+ words) In earlier columns I've talked about the payoff from offshoring when it's done patiently and correctly...While many companies are insisting employees return to the office, accounting and payment platform Bill...
Tax Fraud Blotter: Keep on truckin"
1+ week, 3+ day ago (1210+ words) check in the amount of $129,710.51 to purchase a new electric utility truck in October 2024 from Company...The check that he provided to Company A to pay for the electric truck was fraudulent and forged; the...account and routing numbers listed…...
U.S. appeals court rules against prediction markets, sets up likely fight at Supreme Court
2+ week, 2+ day ago (354+ words) likely, as the ninth circuit's decision contradicts a ruling from the Third Circuit Court of Appeals in early...Meanwhile, shares of two online sportsbooks, DraftKings and Flutter Entertainment — the parent company...
Last Day ITR Checklist: 8 Things You Must Check Before Submitting Today
2+ week, 4+ hour ago (558+ words) provide important information reported to the income tax department by banks, employers, mutual funds, companies...Do not claim deductions merely because they were claimed in an earlier year....