LOS ANGELES & NEW YORK–(BUSINESS WIRE)–Candle Media (“Candle”), the next-generation media company run by Kevin Mayer and Tom Staggs, has hired veteran media executives Courtney Cappa and Kendall Ostrow as Senior Vice President, Finance & Accounting, and Senior Vice President, Business Development & Community, respectively. Cappa will help drive Candle’s corporate finance efforts,
Financial Institutions—Crossing the Crypto Accounting Chasm
The U.S. Securities and Exchange Commission’s approval of the first U.S. Bitcoin futures exchange-traded fund (ETF) marks a monumental shift in institutional and regulatory attitudes towards crypto.
In just two days, ProShares’ Bitcoin ETF topped $1 billion in assets. Approximately 10% of all Bitcoin ($125 billion) is now held in corporate treasuries, and 52% of
Tactic wants to reinvent accounting software for the web3 age – TechCrunch
Tactic, a startup that helps businesses manage — and simplify — cryptocurrency finances, is emerging from stealth today with $2.6 million in seed funding.
Founders Fund and finance automation startup Ramp co-led the raise for Tactic, an eight-person outfit based in New York City. Elad Gil and Figma co-founder Dylan Field also participated in
Let’s fix America’s accounting problem — starting with Build Back Better
Last month, Sen. Joe ManchinJoe ManchinOn The Money — Dems lay blame for Build Back Better blowup McConnell: Manchin’s opposition to Biden plan ‘great shot in the arm for the country’ Harris says ‘stakes are too high’ for Build Back Better to be about Manchin MORE (D-W.Va.) called for the Build Back Better infrastructure
Aptitude named category leader in Chartis RiskTech Quadrant® for IFRS 17/LDTI Compliance: Accounting Systems, 2022
Apra Sekhon, Chief Innovation Officer, CAA Club Group remarks, ‘IFRS 17 is the most complex standard to hit the industry so it’s great to see our chosen vendor, Aptitude, recognized as a leader in the space. We selected the Aptitude IFRS 17 Solution in 2020 due to the strength of references, the completeness of
Why Accounting, Finance, and Tax Are Now the Language of Industry
Should you have a look at the previous couple of years, you’ll obviously see the speedy fee of trade that companies of all sizes and industries have skilled. From pandemic-driven adjustments to trade to technology-driven shifts in person conduct—companies have needed to adapt again and again.
One of the vital results of all this transformation
New financial accounting hub can manage 40 million events daily
Global software integration company Axway has launched its new service Axway Financial Accounting Hub (AFAH), which can manage 40 million events per day in real-time for a retail customer.
The company says AFAH can also halve the costs and integration time for ERP Finance migration projects.
Axway says as financial departments continue to evolve, businesses
Key Accounting Considerations for Financing Cannabis in the US
Last year, M&A activity within the cannabis sector soared, with over 305 transactions completed by the end of 2021 alone. Since then, the market has seen M&A activity slow, with much of this attributed to the fact that multi-state operators (MSOs) that drove much of the activity last year are no longer in need of
The accounting period for foreign assets
It is mandatory for every individual, who qualifies as “Resident and Ordinarily Resident” of India, to file income-tax return (ITR) if the person has any asset (including financial interest in any entity) located outside India or is a signing authority in any account overseas. This applies to even those who do not have any taxable
Senator pushes Mazars to disclose info about Trump accounting and taxes
Senate Finance Committee Chairman Ron Wyden, D-Oregon, sent a letter Tuesday to former President Trump’s former accounting firm, Mazars USA, asking for more information about its disclaimer that a decade’s worth of financial statements should no longer be considered reliable.
Democrats in Congress have been pushing Trump to disclose his tax returns and more financial
A Nonprofit Guide to Fund Accounting in 2022

Image source: Getty Images
If you’re still unsure what fund accounting is, we’ve provided you with the basics you need for your nonprofit organization.
Fund accounting is an accounting method used to determine accountability rather than the profitability of an organization. Fund accounting helps organizations properly recognize revenue and expenses for each individual program.
What
Crypto Accounting Guidance Delivers Mixed Bag of Hope, Questions
Robinhood Markets Inc. could potentially double its balance sheet when it begins reporting $20 billion of crypto assets held by its platform users on financial statements this summer.
That balance sheet surge for Robinhood and other big crypto players like Coinbase Global Inc. is tied to Securities and Exchange Commission guidance issued in March whichgives