Where There’s Smoke… By Kristina Drzal Houghton, CPA, MST Kristina Drzal Houghton The production and distribution of cannabis, once known to many only as marijuana, is the newest and most variegated industry in America. Some would even say it is one of the toughest industries in America in which […]
accounting
Asia-Pacific Financial Accounting Software Market to See
Financial Accounting Software Market The latest research documentation titled Asia-Pacific Financial Accounting Software Market is a recently Published on business market insights that covers every aspect of Asia-Pacific Financial Accounting Software 2019 along with in-detailed analysis of growth elements, trends, Forecast, size, Share, demand, and distribution. This report also evaluates […]
Pervasive SPAC Accounting Error Prompts Mass Restatements
An accounting error that came to light in the spring forced hundreds of blank-check companies to flag financial statement mistakes at levels not seen in more than a decade. More than 340 special purpose acquisition companies in the past three months issued corrections, or restatements, of prior financial statements—quadruple the […]
FASAB releases standard for accounting and reporting for federal land
The Federal Accounting Standards Advisory Board released a standard Friday for accounting and financial reporting on government-owned land and delayed the effective date due to the pandemic. Statement of Federal Financial Accounting Standards (SFFAS) 59, “Accounting and Reporting of Government Land,” aims to provide more consistent accounting treatment and reporting […]
KPMG’s global boss wades into dispute with UK accounting regulator
KPMG LLP updates Sign up to myFT Daily Digest to be the first to know about KPMG LLP news. KPMG’s global boss waded into a row with the UK’s Financial Reporting Council over the poor quality of the firm’s banking audits, placing renewed pressure on the accounting firm’s relations with […]
Dr. Peter Knutson: Accounting professor, arts lover and master of the bad pun
Dr. Peter H. Knutson Dr. Peter H. Knutson, retired Associate Professor of Accounting emeritus at the Wharton School of Business, University of Pennsylvania, died at home in Edmonds from complications related to advanced prostate cancer on Saturday August 21, 2021. He was 86 years old. Peter grew up in Beloit, […]