One-quarter of small businesses continue to record financial data on paper instead of keeping digital records, according to a new survey by Clutch, a B2B ratings and reviews firm, and the tactic is exposing these companies to security risks. A press release from Clutch on Monday...
A research firm has discovered that the number of material accounting mistakes made by U.S. public companies has gone up this year. Massachusetts-based Audit Analytics looked at disclosures from more than 9,000 U.S.-listed companies since 2005, finding firms that had to reissue their financials due...
A new survey from K2E Canada suggests small business accountants understand that technological disruption is a major challenge, yet few are addressing the issue. Reports in Canadian Accountant on Tuesday (July 31) said that K2E Canada’s report, “Accounting Operations and Technology Survey,” revealed more than...
The U.S. Securities and Exchange Commission (SEC) is reportedly seeking information from India’s ICICI Bank on its accounting and corporate governance practices, reports in Bloomberg Quint said late last week. The publication said the ICICI has American Depository Receipts that are traded in the U.S.,...
