SEC Rescinds Staff Accounting Bulletin 121 (SAB 121) on Crypto Custody Accounting

The SEC issued Staff Accounting Bulletin 122 (SAB 122), rescinding Staff Accounting Bulletin 121 (SAB 121), under which the SEC had recommended that an obligation to safeguard crypto assets held for platform... Read more »
AI In Accounting Raises OT Exemption Questions

AI In Accounting Raises OT Exemption Questions

Bradford Kelley and Peloton Interactive’s Stephen Malone discuss the potential risks of using AI tools for wage and hour calculations under the FLSA. Law360 View (Subscription required.) Source link Read more »
How does leap day impact the economy and your workplace accounting?

How does leap day impact the economy and your workplace accounting?

Although the overall economic impact of having an extra day every four years is relatively small, it can mess things up in surprising ways. Source link Read more »
In A Law Practice Management Deal, MyCase Sells Off Accounting Software Soluno to Actionstep

In A Law Practice Management Deal, MyCase Sells Off Accounting Software Soluno to Actionstep

AffiniPay, the parent company of law practice management company MyCase, has sold off the legal accounting software Soluno to another law practice management company, Actionstep, in what the New Zealand-based Actionstep says... Read more »
In A First For A State Bar, Florida To Provide All Members With Free Trust Accounting Software To Help Ensure Compliance And Protect The Public

In A First For A State Bar, Florida To Provide All Members With Free Trust Accounting Software To Help Ensure Compliance And Protect The Public

In what appears to be a first for a state bar association, The Florida Bar is providing each of its 110,000 members with free access to legal trust accounting software – a... Read more »
LawNext Podcast: The Florida Bar’s Precedent-Setting Decision To Give Every Lawyer Access To Trust Accounting Software

LawNext Podcast: The Florida Bar’s Precedent-Setting Decision To Give Every Lawyer Access To Trust Accounting Software

In a first for a state bar, The Florida Bar is providing its entire membership of more than 111,000 lawyers with access to legal trust accounting software – a move designed to both help lawyers better... Read more »
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