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CAS: A Live Reality Show of Your Client’s Business

(Accounting Today) - Telling your clients the story behind the numbers is critical to client accounting services.



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Whistle While You Work? A Cautionary Note and Whistle Blower Tale 
(CPA Journal) - In 2014, Paul Somers was fired from Digital Realty for reporting to senior management that his supervisor eliminated some internal controls, in violation of the Sarbanes-Oxley Act (SOX). Instead of filing a complaint with the SEC within 180 days of the alleged retaliation, Somers waited seven months before suing his employer.

Hot inflation may have become scorching in May and is expected to hit a 28-year high 
(CNBC) - Economists expect core consumer inflation, excluding food and energy, jumped 3.5%, the highest level since 1993.

Meatpacker JBS Says it Paid Equivalent of $11 Million in Ransomware Attack 
(Reuters) - The cyberattack followed one last month on Colonial Pipeline, the largest fuel pipeline in the United States. It disrupted fuel delivery for several days in the U.S. Southeast.

Creditor Compositions — Cheaper Than Bankruptcy 
(CFO) - Compared with an in-court proceeding, a creditor composition agreement is much less costly. Here’s how to execute one successfully.Creditor Compositions — Cheaper Than Bankruptcy Compared with an in-court proceeding, a creditor composition agreement is much less costly.

New Standard Addresses Investments, Specialist Matters 
(JofA) - The AICPA Auditing Standards Board issued a standard Tuesday that provides guidance on the use of specialists and pricing information obtained from external information sources.

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About AccountantsWorld

At AccountantsWorld, we value the crucial role that YOU play in core business services - accounting and payroll - just as much as you do.

That's why, since 2003, we've used the unprecedented power of the cloud to put you back in full control of your accounting and payroll services so you can best serve your clients, while raising your own firm's value and relevance. And we never sell our products or services directly to your clients.

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