BobWScott

BobWScott

AVIDXCHANGE FIXING INTERNAL CONTROLS

 Payments software vendor AvidXchange is beefing up its accounting resources to develop more effective controls and procedures for financial reporting. In its Form 10-Q for the first quarter ended March 31, the company said its executives conclude more work was needed, but also concluded the report conformed to U.S. GAAP.

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RANDOM THOUGHTS: BEZOS & MUSK

We just purchased an electric car.  But I think the builders got carried away with some of the technology.

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2021 COSTS DENT B'BAUD’S FIRST QUARTER

 Costs pushed into 2022 from last year contributed to a drop in non-GAAP earnings for Blackbaud.  The nonprofit software vendor has reported a GAAP loss of $10.4 million for the first quarter ended March 31, compared to $164,000 in earnings for last year’s corresponding period.

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