Advertising spends on platforms like Facebook and Google‘s YouTube and other social media platforms for the upcoming Indian Premier League (IPL) will go up by at least 20% this year as the tournament goes digital, advertisers and marketers said. Spends will also go up because IPL coincides with the festive season this year, which anyway […]
Archives for 2020
Internet cos bulk up blue-collar jobs ahead of festival rush
Illustration: Rahul Awasthi Major ecommerce companies and logistics services providers have increased hiring of blue-collar temporary workers by about 50% during the second quarter to gear up for the upcoming festive season, according to estimates by third-party staffing agencies. Even as the ramp-up by the likes of Amazon, Flipkart, BigBasket, Shadowfax and Ecom Express continues, […]
Ecommerce may bag big gains this festive season by logging record sales
Illustration: Rahul Awasthi The online retail industry is expecting strong growth in sales during the upcoming festive season, riding on the back of a surge in first-time shoppers from smaller towns, according to analysts and industry executives who expect the sector to also gain from the pandemic-induced slowdown in offline retail. The season will be […]
Stronger and smarter: Why it’s time to move your business online
The posts in this series have been drawn from Xero’s Stronger and smarter: a small business handbook. Designed to help small businesses determine which steps to take next, this practical guide uncovers the 10 trends shaping the future – so you can come back stronger and smarter than ever. If ever we doubted the power […]
AICPA urges passage of ‘PPP 2’ legislation
The AICPA issued a news release Thursday afternoon renewing the organization’s call for the swift passage of legislation to extend and expand the Paycheck Protection Program (PPP). The PPP funded more than 5.2 million loans for a total of $525 billion but stopped accepting new applications on Aug. 8. The program closed with almost $134 […]
Treasury report on CECL standard is inconclusive
Market conditions during the coronavirus pandemic prevent a definitive assessment of the impact of FASB’s new standard on accounting for credit losses, according to a Treasury report issued this week. According to the congressionally mandated report, drawing conclusions regarding the current expected credit losses (CECL) standard’s impact since its initial implementation in early 2020 is […]
FASB alters not-for-profit accounting rules for gifts-in-kind – Journal of Accountancy
Not-for-profits will be required to provide additional information on the contributions of nonfinancial assets they receive under a new accounting standard issued Thursday by FASB. Also known as gifts-in-kind, contributed nonfinancial assets can include fixed assets such as land, buildings, and equipment; the use of fixed assets or utilities; materials and supplies, such as food, […]
Best Current Account for Startups & Small Business
Current Account for Startup – Startup is a newly created business that is launch to solve customers’ problems. Well, it is difficult to establish and run a startup. Especially, if you are a first time entrepreneur & starting a business for the first time. You have to make many decisions like the selection of products, […]
Former DNI Dan Coats recommends social media execs help oversee election legitimacy
Director of National Intelligence Dan Coats testifies to the Senate Intelligence Committee hearing about “worldwide threats” on Capitol Hill in Washington, January 29, 2019. Joshua Roberts | CNBC Social media executives should play a key role in ensuring the legitimacy of the 2020 election, former Director of National Intelligence Dan Coats suggested in a New York […]
Former DNI Dan Coats recommends social media execs help oversee election legitimacy
Director of National Intelligence Dan Coats testifies to the Senate Intelligence Committee hearing about “worldwide threats” on Capitol Hill in Washington, January 29, 2019. Joshua Roberts | CNBC Social media executives should play a key role in ensuring the legitimacy of the 2020 election, former Director of National Intelligence Dan Coats suggested in a New York […]