ITS Logistics announces promotion of Jamie Lawson to CFO

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ITS Logistics announces promotion of Jamie Lawson to CFO

“Jamie has been instrumental over the past 4 years helping build and develop a first-class accounting department,” says Dan Allen, former CFO and company co-founder. “Under her leadership, we have seen the development of great talent, improved service to our internal and external customers, and
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US Oil Boom Tempts Saudis to Consider American Crude Sale

The Suezmax tanker AST Sunshine, provisionally sought to transport crude from the U.S. to Asia, failed to be finalized for the journey, according to shipping data compiled by Bloomberg. The vessel was meant to transport 130,000 metric tons of crude loading in late February from the U.S. Gulf Coast,
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Ledgerium: Accounting on the Blockchain

Blockchain technology has already become known for its “immutable ledger” capabilities. It is also poised to re-invent traditional accounting. According to Deloitte , blockchain technology will upend entire industries. This starts with the financial industry, but it won't be the last. The reason? Accounting
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Less than a quarter of auditors alert regulator to accounting concerns, review finds

Under the new rules, if an auditor has concerns about a charity's accounts, such as doubts about whether it can remain solvent, and issues a modified audit opinion report, or has concerns that conflicts of interest have not been properly managed or declared, this must be reported to the commission.
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CPAJ News Briefs

At its February 14 meeting, FASB backed away from issuing a limited, technical correction for its August 2017 amendments to hedge accounting. Instead, the board wants its staff to study how the word “prepayable” is used in the hedge standard's guidance for the shortcut method of hedge accounting
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