Jan 3, 2025 · Dive Brief: T he Securities and Exchange Commission gave the watchdog for the auditors of public companies more leeway in de-registering accounting firms that for two straight years fail to file annual reports and pay annual fees.; The new rule under the Public Company Accounting Oversight Board partly aims at ensuring that non-compliant accounting firms do not market themselves as PCAOB ...

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Nov 21, 2024 · Dive Brief: KPMG said Wednesday that it plans to make a new $100 million investment toward enhancing generative artificial intelligence, data analytics and cybersecurity services that it provides through an existing partnership with Google Cloud.; The expanded alliance, which is expected to drive $1 billion in incremental growth for the Big Four accounting and consulting firm, will include a ...

Oct 1, 2024 · This year, Gartner’s financial conference aims to hone in on topics including AI in finance and finance talent strategy management. Keynote speakers include Admiral William H. McRaven, a retired U.S. Navy admiral, who will discuss life lessons he’s learned during his 37-year military career and futurologist and trend spotter Magnus Lindkvist, who will deliver a keynote on “Transformative ...

Sep 20, 2024 · Dive Brief: A majority (83%) of CEOs surveyed globally predict that companies will shift to require a “full” return of employees to in-office work in the next three years, an increase from 64% the prior year, KPMG said, reporting on the findings of a survey of 1,300 chief executives conducted in July and August.; The report also revealed a generational divide in the executives’ sentiment ...

Oct 9, 2024 · Dive Insight: KPMG’s full-throated support for alternative paths to CPA licensure comes roughly a month after t he American Institute of CPAs shifted to officially move ahead with adding more paths and flexibility to licensure in order to tackle the accounting talent shortage.. The accounting association had previously raised objections to cutting the hourly credit requirement, citing ...

Nov 25, 2024 · Dive Brief: A Macy’s accountant intentionally hid as much as $154 million in expenses from the fourth quarter of 2021 through the fiscal quarter ended Nov. 2, 2024, the company said Monday, flagging the flawed bookkeeping just days before the marquis retailing day known as Black Friday.

Oct 22, 2024 · Dive Insight: The move comes as the AI innovation race among enterprise software providers is heating up. It follows Salesforce’s recent introduction of a suite of autonomous AI agents known as “Agentforce.”. Microsoft’s latest rollout builds on a May announcement in which the company described its vision for independent agents that can “automate and orchestrate complex, long-running ...

Nov 25, 2024 · The news comes as Intuit leans into AI agents to streamline the work of business leaders, CFOs and other executives. In comments Thursday during the company’s earnings call for fiscal Q1 ended Oct. 31, CEO Sasan Goodarzi said the company was aiming for a longer-term payoff on its AI investments, acknowledging that its AI agents could do the work of a CFO, CMO, or a sales officer of a midsize ...

Oct 15, 2024 · Dive Insight: In the wake of the pandemic, many companies ditched their just-in-time approach to supply chains and lean inventory. Back in 2022, nearly half (45%) of CFOs and VPs of finance said they were moving away from efficiency-based supply chains to revenue assurance models with more flexibility and resilience, CFO Dive previously reported. In 2022, CarParts.com David Meniame, who was ...