Listen to this article Estimated 3 minutes The audio version of this article is generated by text-to-speech, a technology based on artificial intelligence. Days before MPs are set to cast their vote on the Liberal budget, interim Parliamentary Budget Officer (PBO) Jason Jacques is calling the government’s accounting into question, …
Read More »Vancouver’s Bench Accounting to be acquired by California-based HR tech company
A California-based HR tech company says it will acquire a Vancouver-based bookkeeping service that abruptly halted operations last week. Bench Accounting announced its sudden closure on Friday, putting hundreds of staff out of work and forcing clients to seek alternatives just days from the end of the year. Employer.com says in …
Read More »FreshBooks reaches $1B+ valuation with $130.75M for its SMB-focused accounting platform – TechCrunch
FreshBooks, a Toronto-based cloud accounting software company focused on SMBs, announced today it has secured $80.75 million in a Series E round of funding, as well as $50 million in debt financing. Existing backer Accomplice led the equity financing, which the company described as “an inside round” that propelled FreshBooks …
Read More »ICAI issues guidance note on accounting by e-commerce entities
E-commerce entities will now have better guidance on various aspects of revenue and expense recognition for transactions conducted online. The CA Institute has now come up with a ‘guidance note’ on accounting by e-commerce entities, sources said. E-commerce is the activity of electronically buying or selling products or other services …
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