Illustration: Rahul Awasthi People find identical twins intriguing. Indian cinema has long capitalised on our innate fascination with twins to offer at least one movie about a “double role” every decade for the past century. In a world dominated by the internet, this trend has transcended the celluloid to go for the cloud. Twinfluencers – […]
Archives for August 2020
World’s largest asset managers oppose Trump plan to block green 401(k)s
The asset management industry is speaking out against a Trump administration plan that would make it more difficult for them to incorporate ESG factors when making investment decisions, a move that could limit green investing in 401(k) plans. Fidelity Investments wrote in an 11-page letter to the U.S. Department of Labor that the proposal’s assumption […]
Latest product news – September 2020
I’d like to thank you—our small business, accountant and bookkeeper community—for the feedback you provide our teams on the Xero features you use every day. Our latest features are a testament to this feedback, and we hope they make things a little easier for you during these difficult times. Don’t forget, registrations for Xero On […]
Art Cashin on the short-term effects of stock splits
The legendary floor trader Art Cashin weighs in on the Tesla and Apple stock splits, which became effective today, in an emailed note. Excerpting a piece of it below… Let’s begin with stock splits. I watched as several self-styled pundits on the financial media were beside themselves trying to explain how stocks were actually gaining […]
IRS temporarily allows e-signatures on some forms
The IRS in an internal memo Friday identified a range of forms for which it will temporarily allow required signatures in electronic or digital form. The forms are fileable only on paper but otherwise require a handwritten signature. Allowing them to be e-signed remotely before being printed out and mailed to the Service will help […]
How official affiliates circumvented Facebook’s political ad policies in 2019 elections and beyond
A Wall Street Journal report on Sunday, quoting sources, revealed how “Facebook declined to act after discovering that the BJP (Bharatiya Janata Party) was circumventing its political ad transparency requirements.” The rules, the report added, “required advertisers to verify identities and disclose them to users.” It also said that in “addition to buying Facebook ads […]
Critical Slack Bug Allows Access to Private Channels, Conversations
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Blockchain not seen transforming accounting processes — yet
One of the common misconceptions about blockchain is that it’s one technology. You may have heard or seen references to companies tracking supplies on the blockchain or smart contracts being executed on the blockchain. Fact is, there are many blockchains. The original blockchain was created to facilitate and record transactions of the digital currency bitcoin. […]
Blockchain not seen transforming accounting processes — yet – Journal of Accountancy
One of the common misconceptions about blockchain is that it’s one technology. You may have heard or seen references to companies tracking supplies on the blockchain or smart contracts being executed on the blockchain. Fact is, there are many blockchains. The original blockchain was created to facilitate and record transactions of the digital currency bitcoin. […]
Congress calls for a ‘thorough enquiry’ into Facebook
Following a new Wall Street Journal (WSJ) report which alleges Ankhi Das, Facebook‘s public policy director for India supported Prime Minister Narendra Modi through internal posts between 2012-14 and disparaged Congress, the latter has called for a ‘thorough enquiry’ on the social media giant. “We are waiting to hear from Mark Zuckerberg on the matter. […]