Latest news with #ASC
Business Wire
10 hours ago
- Business
- Business Wire
RightRev Partners with Sage and Launches Sage Intacct Integration, Providing Advanced Revenue Recognition for Finance Teams
ROSEVILLE, Calif.--(BUSINESS WIRE)--RightRev, a leader in automated revenue management, today announced a strategic partnership with Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses. As part of the collaboration, RightRev's revenue automation platform now integrates with Sage Intacct, providing a seamless flow of revenue data into Sage Intacct's General Ledger to improve accuracy and efficiency. 'With this integration, finance teams can streamline revenue recognition workflows and gain real-time visibility into financial performance—without manual data transfers or reconciliation headaches,' said Jagan Reddy, CEO and founder of RightRev. Share RightRev's solution automates performance obligation tracking, contract modifications, standalone selling price application and allocation, and revenue recognition, while Sage Intacct provides a powerful and flexible general ledger designed for modern finance operations. Together, the integrated solution enhances financial accuracy, audit readiness and operational efficiency. Key benefits for joint RightRev and Sage Intacct customers include: Seamless Data Flow: Revenue journal entries flow automatically from RightRev to Sage Intacct's General Ledger—no manual exports or reconciliations required. Enhanced Accuracy and Compliance: Automation reduces the risk of human error and supports full compliance with ASC 606 and IFRS 15. Faster Time-to-Value: The pre-built integration accelerates deployment and shortens implementation timelines. Shortened Accounting Close Cycles: Automating revenue data eliminates bottlenecks, giving finance teams more time for review, analysis and strategic insight. Audit-Ready Transparency: Journal entries are fully traceable, reinforcing internal controls and simplifying audits. The integration is now available on the Sage Intacct Marketplace for all U.S. Sage Intacct users, making it easy to connect RightRev's robust revenue automation engine with their existing Sage Intacct environment. 'We're excited to welcome RightRev to the Sage Intacct ecosystem,' said Brittany Farquar, Director Corporate Affairs at Sage. 'This integration adds powerful revenue recognition capabilities that help our joint customers automate complex accounting processes, reduce risk, and accelerate financial close. Together, we're delivering a more seamless and scalable experience for finance teams managing compliance and growth.' 'With this integration, finance teams can streamline revenue recognition workflows and gain real-time visibility into financial performance—without manual data transfers or reconciliation headaches,' said Jagan Reddy, CEO and founder of RightRev. 'We're excited to deepen our relationship with Sage and deliver joint value to high-growth organizations navigating complex compliance requirements.' Customers can learn more on the Sage Intacct Marketplace and see the integration in action at Sage Future, where RightRev, a Gold Sponsor, will be providing live solution demos at booth 63, June 3–5 in Atlanta. About RightRev RightRev is a comprehensive platform to automate revenue management. The solution helps businesses streamline, recognize, report, analyze and comply with revenue standards. With a focus on speed, accuracy, and efficiency, the company continues to enhance its platform with artificial intelligence (AI) and new capabilities that simplify data migration, implementation and third-party integrations. Trusted by large enterprises and growth-stage companies across many industries, RightRev empowers finance teams to manage complex revenue scenarios and drive strategic growth. Founded in 2020, RightRev has raised more than $31 million from investors that include Norwest Venture Partners, Salesforce Ventures, Snowflake Ventures, Innovius Capital and Cheyenne Ventures. For more information, visit .
Cision Canada
14 hours ago
- Business
- Cision Canada
Michael Baron settles with the ASC for market manipulation
CALGARY, AB, June 2, 2025 /CNW/ - The Alberta Securities Commission (ASC) has concluded a Settlement Agreement and Undertaking (Settlement Agreement) with Michael Baron (Baron) for breaching Alberta securities laws relating to his role in a market manipulation involving the shares of Softlab9 Software Solutions Inc. (Softlab). In the Settlement Agreement, Baron admitted he engaged in a course of conduct he reasonably ought to have known may contribute to a false or misleading appearance of trading activity in, and an artificial price for, the shares of Softlab. Specifically, Baron admitted he, in coordination with others, engaged in uptick trading and bid support of Softlab shares in 2020. Uptick trading and bid support are trading strategies used in market manipulations to show false momentum or interest in the trading of a stock and to create an artificial price for the stock, not reflective of genuine supply and demand. Manipulative trading is a form of fraud, and is fundamentally incompatible with investor protection, market fairness and public trust in capital markets. As part of the Settlement Agreement, Baron paid the ASC $50,000 and agreed to resign all positions he may have as a director or officer, or both, of any reporting issuer. Baron also agreed to be prohibited, for a period of four years, from: acting as a director or officer, or both, of any reporting issuer; engaging in investor relations activities in respect of any reporting issuer; and trading in or purchasing securities or derivatives, with limited exceptions. Baron was a respondent in a Notice of Hearing issued by the ASC on April 2, 2024. According to the Settlement Agreement, Baron had a less-significant role in the admitted conduct than other respondents, and no role in the other allegations described in the Notice of Hearing. A copy of the Settlement Agreement is available online. The hearing into the allegations against the remaining Respondents was scheduled to commence on May 26, 2025, but has been adjourned. For more information on the hearing, visit the Status of Current Proceedings page at The ASC gratefully acknowledges the assistance of the BC Securities Commission (BCSC), Autorité des marchés financiers (AMF), Canadian Investment Regulatory Organization (CIRO), Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and Financial Industry Regulatory Authority (FINRA) in this matter. The ASC is the regulatory agency responsible for administering the province's securities laws. It is entrusted with fostering a fair and efficient capital market in Alberta and with protecting investors. As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.
Yahoo
14 hours ago
- Business
- Yahoo
Michael Baron settles with the ASC for market manipulation
CALGARY, AB, June 2, 2025 /CNW/ - The Alberta Securities Commission (ASC) has concluded a Settlement Agreement and Undertaking (Settlement Agreement) with Michael Baron (Baron) for breaching Alberta securities laws relating to his role in a market manipulation involving the shares of Softlab9 Software Solutions Inc. (Softlab). In the Settlement Agreement, Baron admitted he engaged in a course of conduct he reasonably ought to have known may contribute to a false or misleading appearance of trading activity in, and an artificial price for, the shares of Softlab. Specifically, Baron admitted he, in coordination with others, engaged in uptick trading and bid support of Softlab shares in 2020. Uptick trading and bid support are trading strategies used in market manipulations to show false momentum or interest in the trading of a stock and to create an artificial price for the stock, not reflective of genuine supply and demand. Manipulative trading is a form of fraud, and is fundamentally incompatible with investor protection, market fairness and public trust in capital markets. As part of the Settlement Agreement, Baron paid the ASC $50,000 and agreed to resign all positions he may have as a director or officer, or both, of any reporting issuer. Baron also agreed to be prohibited, for a period of four years, from: acting as a director or officer, or both, of any reporting issuer; engaging in investor relations activities in respect of any reporting issuer; and trading in or purchasing securities or derivatives, with limited exceptions. Baron was a respondent in a Notice of Hearing issued by the ASC on April 2, 2024. According to the Settlement Agreement, Baron had a less-significant role in the admitted conduct than other respondents, and no role in the other allegations described in the Notice of Hearing. A copy of the Settlement Agreement is available online. The hearing into the allegations against the remaining Respondents was scheduled to commence on May 26, 2025, but has been adjourned. For more information on the hearing, visit the Status of Current Proceedings page at The ASC gratefully acknowledges the assistance of the BC Securities Commission (BCSC), Autorité des marchés financiers (AMF), Canadian Investment Regulatory Organization (CIRO), Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and Financial Industry Regulatory Authority (FINRA) in this matter. The ASC is the regulatory agency responsible for administering the province's securities laws. It is entrusted with fostering a fair and efficient capital market in Alberta and with protecting investors. As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets. SOURCE Alberta Securities Commission View original content: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Sydney Morning Herald
a day ago
- Entertainment
- Sydney Morning Herald
Shining light: The Aussie woman heading up Hollywood's oldest guild
Mandy Walker was 15 when she realised what she wanted to do with her life. Her mother had taken her to see an obscure Spanish movie, The Spirit of the Beehive, and Mandy was mesmerised. 'I remember thinking, 'Why is this so different from an Australian film? Why do I feel like this place and this story is in a different country? How did they make me understand this sense of place?' And then I started looking into it, what a cinematographer does.' For more than 30 years, Walker has been doing what a cinematographer does, picking up a raft of peer-voted awards, and BAFTA and Oscar nominations and an AACTA Award win (all for Elvis) along the way. And last weekend, she collected perhaps the greatest honour of her career to date – being elected president of the prestigious American Society of Cinematographers. Loading She is the first Australian and the first woman to hold the position and she is, she admits, immensely proud on both counts. But it's on the gender front that she most wants to make her mark. 'I've been part of a minority as a woman cinematographer,' says Melbourne-born Walker. 'I think it's still less than 10 per cent are women, so I feel like I'm a good person to champion that cause.' Founded in 1919, the ASC is one of the oldest professional bodies in Hollywood. It is 'neither a labour union nor a guild', but rather something like an exclusive club. 'Membership is by invitation only,' its website proclaims, 'extended to directors of photography who have demonstrated outstanding ability with distinguished credits in the industry and good personal character.' Despite the American bit, its 471 members come from around the world, though Walker identifies diversity as another area she wants to improve. 'It's still, like, 80 per cent white men who do my job,' she says.
The Age
a day ago
- Entertainment
- The Age
Shining light: The Aussie woman heading up Hollywood's oldest guild
Mandy Walker was 15 when she realised what she wanted to do with her life. Her mother had taken her to see an obscure Spanish movie, The Spirit of the Beehive, and Mandy was mesmerised. 'I remember thinking, 'Why is this so different from an Australian film? Why do I feel like this place and this story is in a different country? How did they make me understand this sense of place?' And then I started looking into it, what a cinematographer does.' For more than 30 years, Walker has been doing what a cinematographer does, picking up a raft of peer-voted awards, and BAFTA and Oscar nominations and an AACTA Award win (all for Elvis) along the way. And last weekend, she collected perhaps the greatest honour of her career to date – being elected president of the prestigious American Society of Cinematographers. Loading She is the first Australian and the first woman to hold the position and she is, she admits, immensely proud on both counts. But it's on the gender front that she most wants to make her mark. 'I've been part of a minority as a woman cinematographer,' says Melbourne-born Walker. 'I think it's still less than 10 per cent are women, so I feel like I'm a good person to champion that cause.' Founded in 1919, the ASC is one of the oldest professional bodies in Hollywood. It is 'neither a labour union nor a guild', but rather something like an exclusive club. 'Membership is by invitation only,' its website proclaims, 'extended to directors of photography who have demonstrated outstanding ability with distinguished credits in the industry and good personal character.' Despite the American bit, its 471 members come from around the world, though Walker identifies diversity as another area she wants to improve. 'It's still, like, 80 per cent white men who do my job,' she says.
