AccountantsWorld Daily News | 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 â Cheaper Than Bankruptcy (CFO) - Compared with an in-court proceeding, a creditor composition agreement is much less costly. Hereâs how to execute one successfully.Creditor Compositions â 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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| | | Find out how Matt Contardi and his team have more than tripled the number of payrolls they have processed in the last four years. READ HIS CASE STUDY
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