Bitmain IPO: interesting take on Cryptocurrency

Is cryptocurrency an asset for a company that transacts in it? Bitmain Technologies, the world’s largest designer of products used for mining cryptocurrencies, is bringing its IPO to Hong Kong. This has definitely created a lot of buzz in the cryptocurrency filed. It...

Series A funding: Taxfyle

Coral Gables, Florida-based Taxfyle, an on-demand licensed accounting platform, has raised $4.1 million in Series A funding.

Exxon Mobile cleared by SEC

In a letter the Securities and Exchange Commission sent to Exxon, the commission stated that their investigation was concluded and that the commission doesn’t intend to recommend any enforcement actions. The SEC probe into ExxonMobil was whether the company...

International Accounting Day

On November 10,1494, the first book about double entry systems was published by the Italian mathematician, Lua Pacioli, also known as the father of accounting. In his honor the day is celebrated as the International Accountants Day! To all fellow accountants, keep up...

Big 4 collusion conspiracy

Italy’s Antitrust authority fined the big 4 (Ernst & Young, Deloitte, KPMG and PWC) a total of 23 million euros for allegedly conspiring and colluding to divvy up large public consultancy contracts. Looks like the Big 4 need to revise their Ethics...

32nd legal claim against Toshiba

Two more corporate shareholders filed a legal claim against Toshiba, linked to the the 2015 accounting scandal, seeking $5.08 million in compensation for damages. This brings the total damages sought to $1.2 billion!