Remove 3 accounting-and-audit
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UK to pay at least £370M to Rwanda under migration partnership

JURIST

The National Audit Office (NAO), in a report published Friday, revealed the UK government will pay at least £370 million to Rwanda under their obligations in the Migration and Economic Development Partnership (MEDP). In signing the MEDP, “the UK government agreed to make fixed payments” into this fund—totaling £370 million.

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Auditors Swept Up in SPAC Regulation

Intelligize Blog

In another sign that the SPAC honeymoon may in fact be over, the Securities and Exchange Commission and Public Company Accounting Oversight Board (PCAOB) both fined audit firm Marcum LLP in late June for significant quality control violations related to SPAC audits. Inspectors found high rates of what the agency calls “Part I.A

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How to Implement a Thorough Data Retention Policy

LawTechnologyToday

Conduct a data audit. Ensure employees are held accountable for the data they produce and its proper storage. Ensure employees are held accountable for the data they produce and its proper storage. Audit the processes. Following the implementation of a data retention policy, conduct an annual audit.

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How to Conduct a Safety Inspection (With Over 40 Free Checklists)

The Process Street

Map that back to 1974 and account for a fairly consistent downward trend and we can determine that about 13,500 people didn’t die thanks to improved workplace safety. All businesses need a safety inspection. And the humble safety inspector is one of the forgotten heroes of our modern age. I know, I know, you get it all the time.

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Planning Your Contract Management System

Paralegal Bootcamp

Introduction and Concept. According to a reference quoted by Wikipedia: “Contract management or contract administration is the management of contracts made with [other entities] customers, vendors, partners or employees. Wikipedia took this reference from “Best Practices in Contract Management: Strategies for Optimizing Business Relationships.”

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Five Reasons Attorneys Should Ditch Spreadsheets

MyCase

Even if we spoke about lawyers just starting their practice, a spreadsheet is not a good idea — neither for case management nor accounting. Using a spreadsheet to track the accounting is not popular, but I have seen attorneys attempt this. In my accounting practice, I have seen some strange bank feed transactions.

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Six Trust Accounting Challenges Faced by Solo and Small Firms

Rocket Matter

Imagine handling dozens of bank accounts that you move money in and out of on a daily basis while tracking every transaction down to the penny. The solution Automating aspects of your trust accounting can help your firm limit the likelihood of manual error.