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AI is going to radically remake accounting. Recently chatted w/ Seema Amble (Partner at A16Z) about this topic. Nearly a year go, she published a market map. Since then she has been - talking to companies about accounting needs - talking to accounting firms about how they are leveraging AI - talking to startups building in the space We cover what she’s learned including: - why accounting is already a profession in crisis - what are the specific “jobs-to-be-done” by AI in accounting - why LLMs not being 100% accurate is for more of accounting than you might think! - what are some of the growth vectors accountants should be exploring -how this changes accounting's business model (the billable hour) & more Great conversation if you want to know how AI is remaking one of the key sectors of finance. And if you want to understand gaps in current landscape that might be opportunities to build a new company.

AI is going to radically remake accounting. Recently chatted w/ Seema Amble (Partner at A16Z) about this topic. Nearly a year go, she published a market map. Since then she has been - talking to companies about accounting needs - talking to accounting firms about how they are leveraging AI - talking to startups building in the space We cover what she’s learned including: - why accounting is already a profession in crisis - what are the specific “jobs-to-be-done” by AI in accounting - why LLMs not being 100% accurate is for more of accounting than you might think! - what are some of the growth vectors accountants should be exploring -how this changes accounting's business model (the billable hour) & more Great conversation if you want to know how AI is remaking one of the key sectors of finance. And if you want to understand gaps in current landscape that might be opportunities to build a new company.

Rex Salisbury

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UNISA and SIU to Formalise Partnership to Strengthen Financial Crime Skills through Master’s degree in Accounting Sciences with a focus on Forensic Auditing. A significant step in strengthening South Africa’s capacity to combat financial crime. Special Investigating Unit (SIU) Unisa LenkaBula

UNISA and SIU to Formalise Partnership to Strengthen Financial Crime Skills through Master’s degree in Accounting Sciences with a focus on Forensic Auditing. A significant step in strengthening South Africa’s capacity to combat financial crime. Special Investigating Unit (SIU) Unisa LenkaBula

Prof. Cam Modisane, Ph.D.

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Hello Kizz Daniel, I would like to express my interest in the Accountant role at #FLYBOYINC. I have a strong professional background in accounting, with experience in financial reporting, compliance, and delivering accurate, value-driven insights. Alongside my finance career, I am also a music artist, with a project titled “ACA Wey Dey Rap” a reflection of my dual identity as a qualified accountant and creative. This unique combination allows me to understand both the financial and artistic sides of the music business, positioning me to contribute beyond traditional accounting functions. Attached is image showing professional qualification as an accountant and creative . I would welcome the opportunity to bring this blend of accounting structure and creativity to your team. Kind regards. Opeyemi aka Urbanaira

Hello Kizz Daniel, I would like to express my interest in the Accountant role at #FLYBOYINC. I have a strong professional background in accounting, with experience in financial reporting, compliance, and delivering accurate, value-driven insights. Alongside my finance career, I am also a music artist, with a project titled “ACA Wey Dey Rap” a reflection of my dual identity as a qualified accountant and creative. This unique combination allows me to understand both the financial and artistic sides of the music business, positioning me to contribute beyond traditional accounting functions. Attached is image showing professional qualification as an accountant and creative . I would welcome the opportunity to bring this blend of accounting structure and creativity to your team. Kind regards. Opeyemi aka Urbanaira

King Urbanaira

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Accounting is running on “Reagan-era software”—but that’s about to change. While CPA numbers are declining, workload complexity and demand are only rising. AI has the opportunity to automate manual tasks, freeing accountants to focus on higher-value work. What’s the outcome? Faster service, lower costs, and a better experience for consumers. Seema Amble and Marc Andrusko break down why this is the perfect “why now” moment for AI in accounting. Link to the full video in thread.

Accounting is running on “Reagan-era software”—but that’s about to change. While CPA numbers are declining, workload complexity and demand are only rising. AI has the opportunity to automate manual tasks, freeing accountants to focus on higher-value work. What’s the outcome? Faster service, lower costs, and a better experience for consumers. Seema Amble and Marc Andrusko break down why this is the perfect “why now” moment for AI in accounting. Link to the full video in thread.

a16z

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Ilhan Omar's "accounting error" inflating her net worth from poverty to $30 million and then making it all disappear overnight shows calculated LIES while she helped steal 9 billion taxpayer dollars in Minnesota Somali fraud. Shouldn't Ilhan Omar now face a full forensic audit?!

Ilhan Omar's "accounting error" inflating her net worth from poverty to $30 million and then making it all disappear overnight shows calculated LIES while she helped steal 9 billion taxpayer dollars in Minnesota Somali fraud. Shouldn't Ilhan Omar now face a full forensic audit?!

Bridgett Fertig

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2/3. On 9/10/2001 the day before 9/11 attack on our Nation, Donald Rumsfeld came out and told us all that the Pentagon was missing $2.3 TRILLION, but he said there would be a full audit to find where all the money went. A reporter on Now Daily said the following: “Accounting offices in the Pentagon were blown up and accounting offices based in New York building in the World Trade Centre were demolished." So Basically, it just happened that The Pentagon accounting department with the records, and responsible for doing that audit was hit by an unidentified flying object the next day. WTC 1, 2 & 7 housed government offices that held those records, so the only backups for that data are gone. And this week Pentagon: $6.2 BILLION in Ukraine aid Missing due to Accounting Error, so Pentagon accounting error provides an extra $6.2 BILLION for Ukraine🤔😂 or is it possible that this Administration got played and the $6.2 BILLION went to Wagner Mercenary Group🤷🏻‍♀️. Just like the $2.3 Trillion that went missing and then 9/11 happened.

2/3. On 9/10/2001 the day before 9/11 attack on our Nation, Donald Rumsfeld came out and told us all that the Pentagon was missing $2.3 TRILLION, but he said there would be a full audit to find where all the money went. A reporter on Now Daily said the following: “Accounting offices in the Pentagon were blown up and accounting offices based in New York building in the World Trade Centre were demolished." So Basically, it just happened that The Pentagon accounting department with the records, and responsible for doing that audit was hit by an unidentified flying object the next day. WTC 1, 2 & 7 housed government offices that held those records, so the only backups for that data are gone. And this week Pentagon: $6.2 BILLION in Ukraine aid Missing due to Accounting Error, so Pentagon accounting error provides an extra $6.2 BILLION for Ukraine🤔😂 or is it possible that this Administration got played and the $6.2 BILLION went to Wagner Mercenary Group🤷🏻‍♀️. Just like the $2.3 Trillion that went missing and then 9/11 happened.

ꪻꫝể ꪻꫝể

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The countdown has begun! The world's accounting and finance leaders are set to converge at #WOFA2026 in Visakhapatnam, India, from 16–18 December 2026. Be part of the conversations shaping the future of the profession. Register now:

The countdown has begun! The world's accounting and finance leaders are set to converge at #WOFA2026 in Visakhapatnam, India, from 16–18 December 2026. Be part of the conversations shaping the future of the profession. Register now:

Institute of Chartered Accountants of India - ICAI

24,084 görüntüleme • 20 gün önce

📣 We're pleased to announce that the 2023 Women in Accounting awards are now open for nominations! Listen to Brooke Kayira explain what makes these awards so special and nominate an inspiring female accountant and bookkeeper in your life. #womeninaccounting

📣 We're pleased to announce that the 2023 Women in Accounting awards are now open for nominations! Listen to Brooke Kayira explain what makes these awards so special and nominate an inspiring female accountant and bookkeeper in your life. #womeninaccounting

Ignition

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We have observed that a portion of the timeline regarding the CBX vs. SM dispute has been misinterpreted, leading to speculation and confusion, particularly concerning the issue of pooled accounting. To clarify, during the emergency press conference held on June 10, CBX’s legal representative did indeed address the matter of accounting records [video attached] The lawyer stated: “Thinking that this would clearly become a legal issue, I requested settlement data from my clients. In particular, Article 14 of the Popular Culture and Arts Industry Development Act mandates that accounting books regarding popular culture planning and compensation must be maintained separately. I even had doubts as to whether SM was conducting proper accounting. While SM claimed they could not disclose the accounting books because information regarding other artists might be mixed in, such records should not have been prepared in a way that mixes information with other artists in the first place.” This statement does not suggest that income from all activities was combined and redistributed among others/group/elsewhere. Rather, it indicates that the accounting records were not properly separated per artist, as required by law. In other words, the issue raised concerns improper organization and lack of separation in bookkeeping, where other artists’ financial data appear to have been maintained within the same records. This creates significant difficulty in clearly identifying individual earnings and verifying whether settlements have been calculated accurately and fairly. Furthermore, this lack of separation was reportedly used as a justification by SM Entertainment to deny access to detailed settlement data, citing the risk of exposing other artists’ information. Given this context, it is important to refrain from making assumptions that extend beyond what was explicitly stated. The concern raised was about transparency, compliance with legal standards, and the ability to verify financial accuracy—shared or redistributed income has not been addressed.

We have observed that a portion of the timeline regarding the CBX vs. SM dispute has been misinterpreted, leading to speculation and confusion, particularly concerning the issue of pooled accounting. To clarify, during the emergency press conference held on June 10, CBX’s legal representative did indeed address the matter of accounting records [video attached] The lawyer stated: “Thinking that this would clearly become a legal issue, I requested settlement data from my clients. In particular, Article 14 of the Popular Culture and Arts Industry Development Act mandates that accounting books regarding popular culture planning and compensation must be maintained separately. I even had doubts as to whether SM was conducting proper accounting. While SM claimed they could not disclose the accounting books because information regarding other artists might be mixed in, such records should not have been prepared in a way that mixes information with other artists in the first place.” This statement does not suggest that income from all activities was combined and redistributed among others/group/elsewhere. Rather, it indicates that the accounting records were not properly separated per artist, as required by law. In other words, the issue raised concerns improper organization and lack of separation in bookkeeping, where other artists’ financial data appear to have been maintained within the same records. This creates significant difficulty in clearly identifying individual earnings and verifying whether settlements have been calculated accurately and fairly. Furthermore, this lack of separation was reportedly used as a justification by SM Entertainment to deny access to detailed settlement data, citing the risk of exposing other artists’ information. Given this context, it is important to refrain from making assumptions that extend beyond what was explicitly stated. The concern raised was about transparency, compliance with legal standards, and the ability to verify financial accuracy—shared or redistributed income has not been addressed.

best of 백현이 ❤️

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NJ Progressives are going to spend $430M "To Lower ⚡ costs" on something they caused $344M 🔽 is already hidden in your electric bills & 6 power plants closed by them since 2017 accounting for over 1/2 our power here They are using YOUR tax 💰 to look like the heroes here

NJ Progressives are going to spend $430M "To Lower ⚡ costs" on something they caused $344M 🔽 is already hidden in your electric bills & 6 power plants closed by them since 2017 accounting for over 1/2 our power here They are using YOUR tax 💰 to look like the heroes here

Wake Up NJ 🇺🇸 New Jersey

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Controllers often turn into great CAOs and CFOs. But what about the Controller to COO pipeline? 🎙️Hear from Brad Silicani, COO of Anrok, on some of the key moments in his accounting career that set him up to be the operations leader he is today. Tune in now:

Controllers often turn into great CAOs and CFOs. But what about the Controller to COO pipeline? 🎙️Hear from Brad Silicani, COO of Anrok, on some of the key moments in his accounting career that set him up to be the operations leader he is today. Tune in now:

Brex

22,210 görüntüleme • 1 yıl önce

US Government quietly passed legislation allowing the Government to legally LIE on financial records “SFFAS 56. The Statement of Federal Financial Accounting Standard 56 allows the US government to LEGALLY MODIFY OR OMIT FINANCIAL RECORDS to protect classified activities. Cook the books.” Again, this is still in effect right now Issued in October 2018 by the Federal Accounting Standards Advisory Board It allows federal agencies to modify or omit certain information in public financial reports if disclosing it could harm national security This includes adjustments to presentations, disclosures and even consolidating and excluding components to protect secrets like covert programs and intelligence spending So this means the federal government and departments like the CIA and Pentagon can outright lie to us about their spending and omit what they’re doing on reports They legalized stealing from us and we aren’t allowed to know about it

US Government quietly passed legislation allowing the Government to legally LIE on financial records “SFFAS 56. The Statement of Federal Financial Accounting Standard 56 allows the US government to LEGALLY MODIFY OR OMIT FINANCIAL RECORDS to protect classified activities. Cook the books.” Again, this is still in effect right now Issued in October 2018 by the Federal Accounting Standards Advisory Board It allows federal agencies to modify or omit certain information in public financial reports if disclosing it could harm national security This includes adjustments to presentations, disclosures and even consolidating and excluding components to protect secrets like covert programs and intelligence spending So this means the federal government and departments like the CIA and Pentagon can outright lie to us about their spending and omit what they’re doing on reports They legalized stealing from us and we aren’t allowed to know about it

Wall Street Apes

65,443 görüntüleme • 25 gün önce

Lantsman - Carney "literally said on Tuesday morning that he would cap government spending. And he said it again today ,at 2%" "And by the afternoon, he drops a bill in the House of Commons to raise spending by 8%." "So how is the Prime Minister going to reconcile what he said versus on Tuesday morning with what he did on Tuesday afternoon?" Carney 'We are swapping out the GAAP, Generally Accepted Accounting Principles, for the jankier CCAAP, Carney Creative Accounting Principles' 'We will be cutting back on the growth in government mendacity to half of what it used to be... starting soon by this list of ministers that I am able to remember' Problem solved!

Lantsman - Carney "literally said on Tuesday morning that he would cap government spending. And he said it again today ,at 2%" "And by the afternoon, he drops a bill in the House of Commons to raise spending by 8%." "So how is the Prime Minister going to reconcile what he said versus on Tuesday morning with what he did on Tuesday afternoon?" Carney 'We are swapping out the GAAP, Generally Accepted Accounting Principles, for the jankier CCAAP, Carney Creative Accounting Principles' 'We will be cutting back on the growth in government mendacity to half of what it used to be... starting soon by this list of ministers that I am able to remember' Problem solved!

cbcwatcher

114,299 görüntüleme • 1 yıl önce

MEDIA BIAS: While the media has fixated on Trump’s Big, Beautiful Budget with their fake news, they have completely covered up the CA BUDGET CRISIS! I joined KUSI to expose how Gavin Newsom’s budget is filled with accounting scams, a massive gas tax hike, billions in handouts to Hollywood political donors and illegal immigrants – all after cutting key services to CA citizens:

MEDIA BIAS: While the media has fixated on Trump’s Big, Beautiful Budget with their fake news, they have completely covered up the CA BUDGET CRISIS! I joined KUSI to expose how Gavin Newsom’s budget is filled with accounting scams, a massive gas tax hike, billions in handouts to Hollywood political donors and illegal immigrants – all after cutting key services to CA citizens:

Carl DeMaio

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RECRUITING AND MARKETING College roster spots are in demand and players need to not only produce but find ways to stand out. Players, parents, and coaches marketing to college teams a necessary (highlight film, networking, etc) The biggest thing you want to avoid is overhyping the player in the marketing. College coaches are going to do their research, watch full games, talk to people and eventually will figure out who you actually are as a player - whether that’s in the recruiting process or when you get to campus. I’ve always been more concerned with the Accounting - can the player actually play, what do they need to work on to produce more for their team now, and also to have a chance at the next level… the accounting always tells the truth, marketing can lie.

RECRUITING AND MARKETING College roster spots are in demand and players need to not only produce but find ways to stand out. Players, parents, and coaches marketing to college teams a necessary (highlight film, networking, etc) The biggest thing you want to avoid is overhyping the player in the marketing. College coaches are going to do their research, watch full games, talk to people and eventually will figure out who you actually are as a player - whether that’s in the recruiting process or when you get to campus. I’ve always been more concerned with the Accounting - can the player actually play, what do they need to work on to produce more for their team now, and also to have a chance at the next level… the accounting always tells the truth, marketing can lie.

Steve Dagostino

12,887 görüntüleme • 6 ay önce

On the Granny Panty Podcast this week! ⭐️ Ever wondered what it's like to go from crunching numbers to irresistible allure? Meet Mia Lee Financial our guest who traded her life in accounting and bankruptcy restructuring for the world of s3x work. Intrigued? Tune in as she shares her thrilling story, breaking stereotypes and redefining career paths with bold audacity on this week's episode! 🎙️ Hosted by Minny Carver 50

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On the Granny Panty Podcast this week! ⭐️ Ever wondered what it's like to go from crunching numbers to irresistible allure? Meet Mia Lee Financial our guest who traded her life in accounting and bankruptcy restructuring for the world of s3x work. Intrigued? Tune in as she shares her thrilling story, breaking stereotypes and redefining career paths with bold audacity on this week's episode! 🎙️ Hosted by Minny Carver 50

TheGrannyPantyPodcast

10,610 görüntüleme • 1 yıl önce

There are two non-negotiables in accounting: the books must be correct, and they must be ready on time. For decades, companies have satisfied those constraints through an extraordinary amount of manual effort. Highly trained professionals code transactions, re-approve familiar expenses, reconcile mismatches after the fact, and compress all of it into the ritual of month-end close. It works. But it is fundamentally retrospective. Today, Ramp is introducing an Accounting Agent designed around a different premise: what if bookkeeping happened as the business operated, rather than after it? The agent captures, codes, reviews, validates, accrues, and reconciles spend continuously. It learns directly from the people who understand the nuances best, the accounting team itself, and applies that context in real time. At Perplexity, where velocity is part of the company’s identity, this has allowed their team to stop choosing between speed and accuracy. The majority of transactions are now coded automatically while remaining audit-ready, enabling close to start on day one instead of day thirty. What’s been most striking is how the system learns the subtle, company-specific logic that historically lived only in human judgment. As Jim Romano, CFO at Stateside Vodka, described it, the agent is already identifying patterns like when spend belongs in samples rather than travel and entertainment — the kinds of decisions that typically require institutional memory. As he put it, the goal is simple: finance teams should focus on exceptions, not the easy stuff. We’re also seeing the second-order effects emerge quickly. Teams report spending dramatically less time reviewing transactions and substantially more time on planning, analysis, and growth. As one CFO told us, “What used to take hours of manual review now happens automatically. I’m spending nearly all of my time thinking about where the business should go, not retracing where it’s already been.” There is a broader shift underway in accounting. The central question is moving from “what parts of close can be automated?” to “should close even be a discrete event at all?” One belief that increasingly guides our work at Ramp is that information latency inside companies is an invisible tax. When financial truth lags behind operational reality, organizations make slower and often worse decisions. As transaction data becomes inherently digital and systems become capable of learning institutional context, continuous close stops being aspirational and starts becoming inevitable. One thing that surprised us while building this: accounting isn’t constrained by a lack of rules — it’s constrained by how many of those rules are unwritten. Much of financial operations lives in patterns that experienced teams simply know. Seeing software begin to absorb and apply that tacit knowledge has been one of the clearest signals that accounting is entering a new phase. Accounting has always been the record for business reality. Our goal is to help it become something closer to real-time truth. Proud of the team, and grateful to the customers building this alongside us.

There are two non-negotiables in accounting: the books must be correct, and they must be ready on time. For decades, companies have satisfied those constraints through an extraordinary amount of manual effort. Highly trained professionals code transactions, re-approve familiar expenses, reconcile mismatches after the fact, and compress all of it into the ritual of month-end close. It works. But it is fundamentally retrospective. Today, Ramp is introducing an Accounting Agent designed around a different premise: what if bookkeeping happened as the business operated, rather than after it? The agent captures, codes, reviews, validates, accrues, and reconciles spend continuously. It learns directly from the people who understand the nuances best, the accounting team itself, and applies that context in real time. At Perplexity, where velocity is part of the company’s identity, this has allowed their team to stop choosing between speed and accuracy. The majority of transactions are now coded automatically while remaining audit-ready, enabling close to start on day one instead of day thirty. What’s been most striking is how the system learns the subtle, company-specific logic that historically lived only in human judgment. As Jim Romano, CFO at Stateside Vodka, described it, the agent is already identifying patterns like when spend belongs in samples rather than travel and entertainment — the kinds of decisions that typically require institutional memory. As he put it, the goal is simple: finance teams should focus on exceptions, not the easy stuff. We’re also seeing the second-order effects emerge quickly. Teams report spending dramatically less time reviewing transactions and substantially more time on planning, analysis, and growth. As one CFO told us, “What used to take hours of manual review now happens automatically. I’m spending nearly all of my time thinking about where the business should go, not retracing where it’s already been.” There is a broader shift underway in accounting. The central question is moving from “what parts of close can be automated?” to “should close even be a discrete event at all?” One belief that increasingly guides our work at Ramp is that information latency inside companies is an invisible tax. When financial truth lags behind operational reality, organizations make slower and often worse decisions. As transaction data becomes inherently digital and systems become capable of learning institutional context, continuous close stops being aspirational and starts becoming inevitable. One thing that surprised us while building this: accounting isn’t constrained by a lack of rules — it’s constrained by how many of those rules are unwritten. Much of financial operations lives in patterns that experienced teams simply know. Seeing software begin to absorb and apply that tacit knowledge has been one of the clearest signals that accounting is entering a new phase. Accounting has always been the record for business reality. Our goal is to help it become something closer to real-time truth. Proud of the team, and grateful to the customers building this alongside us.

Eric Glyman

130,538 görüntüleme • 5 ay önce

No BS Newshour Episode #400 Skanks, Skunks & Scumbags We are now the most listened to hour of news in Michigan. Why? High Impact. All Original. (13:18) What an Ash-Hole- Traci Kornak, the beleaguered and bedraggled former treasurer of the Michigan Democratic Party, keeps digging herself deeper. (20:22) Run for the Border- Issam Bazzi was swept up by ICE last July and deported back to Venezuela. Now DHS sources tell me Bazzi has hit on their radar again. (30:55) Kwame Accounting- Kilpatrick is long gone, but the Detroit Police Department still uses his accounting practices. (0:14) Detroit’s Oldest Family Business is done- Dittrich Furs is closing its door.

No BS Newshour Episode #400 Skanks, Skunks & Scumbags We are now the most listened to hour of news in Michigan. Why? High Impact. All Original. (13:18) What an Ash-Hole- Traci Kornak, the beleaguered and bedraggled former treasurer of the Michigan Democratic Party, keeps digging herself deeper. (20:22) Run for the Border- Issam Bazzi was swept up by ICE last July and deported back to Venezuela. Now DHS sources tell me Bazzi has hit on their radar again. (30:55) Kwame Accounting- Kilpatrick is long gone, but the Detroit Police Department still uses his accounting practices. (0:14) Detroit’s Oldest Family Business is done- Dittrich Furs is closing its door.

Charlie LeDuff

12,846 görüntüleme • 6 ay önce

69 𝕏TRA MINUTES: UKRAINE AID—REAL HELP OR ACCOUNTING ILLUSION? Americans are told Ukraine is bleeding them dry. But according to JP Lindsley | Journalist, reporting from Kharkiv just 30 miles from Russia, the numbers tell a different story—one no one in Washington wants to explain. Allegedly, only a sliver of the so-called “$100B+” in Ukraine aid was ever spent on actual weapons for Ukraine. Most of it? Supposedly, old gear from U.S. warehouses—given a price by the Biden White House itself. And allegedly the biggest chunk—$45B—wasn’t aid at all, but Pentagon stock replenishment. Is Ukraine rebuilding while Washington launders defense spending? Or is this just good accounting disguised as bad headlines? You decide.

69 𝕏TRA MINUTES: UKRAINE AID—REAL HELP OR ACCOUNTING ILLUSION? Americans are told Ukraine is bleeding them dry. But according to JP Lindsley | Journalist, reporting from Kharkiv just 30 miles from Russia, the numbers tell a different story—one no one in Washington wants to explain. Allegedly, only a sliver of the so-called “$100B+” in Ukraine aid was ever spent on actual weapons for Ukraine. Most of it? Supposedly, old gear from U.S. warehouses—given a price by the Biden White House itself. And allegedly the biggest chunk—$45B—wasn’t aid at all, but Pentagon stock replenishment. Is Ukraine rebuilding while Washington launders defense spending? Or is this just good accounting disguised as bad headlines? You decide.

Mario Nawfal

99,395 görüntüleme • 1 yıl önce

#BREAKING: Florida House Speaker Daniel Perez scorches property insurance companies, vows subpoenas and hearings will be underway over "accounting tricks" "The insurance industry came to the legislature and said without sweeping reforms, companies could not compete in Florida. We have since learned of reports, in existence at the time but not disclosed, that may suggest some insurance companies were using accounting tricks to hide substantial profits while telling us they were in a crisis." "I have asked that the Insurance and Banking Subcommittee will conduct hearings... issuing subpoenas, putting witnesses under oath, and hiring outsider experts." "We are the House of Representatives. We are the voice of the people. We must speak for them on the issues that matter. Property insurance matters to the people of Florida."

#BREAKING: Florida House Speaker Daniel Perez scorches property insurance companies, vows subpoenas and hearings will be underway over "accounting tricks" "The insurance industry came to the legislature and said without sweeping reforms, companies could not compete in Florida. We have since learned of reports, in existence at the time but not disclosed, that may suggest some insurance companies were using accounting tricks to hide substantial profits while telling us they were in a crisis." "I have asked that the Insurance and Banking Subcommittee will conduct hearings... issuing subpoenas, putting witnesses under oath, and hiring outsider experts." "We are the House of Representatives. We are the voice of the people. We must speak for them on the issues that matter. Property insurance matters to the people of Florida."

Florida’s Voice

45,066 görüntüleme • 1 yıl önce