Super Micro fixes its mistakes!

Super Micro Computer, Inc concluded their settlement with the United States Securities and Exchange Commission (SEC), resolving an investigation into the Company’s financial accounting and disclosures for fiscal years 2014-2017. The company has already corrected for...

EY looses a new customer!

The Wirecard fraud has cost EY a new customer! Deutsche Bank’s asset-management division, DWS, that went public in 2018 has decided to no longer use EY as its auditor. The reason being that DWS is concerned about getting involved in the potential lawsuits against the...

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...