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Archives for 2020
TQAs address lease accounting for retirement communities – Journal of Accountancy
Background and nonauthoritative guidance on lease accounting for continuing care retirement community Type A life care contracts is provided in Technical Questions and Answers (TQAs) published Monday by the AICPA. Developed by the AICPA Health Care Expert Panel, TQAs 6400.55–.62 discuss how to: Determine whether an embedded lease exists under FASB ASC Topic 842, Leases; […]
TQAs address lease accounting for retirement communities
Background and nonauthoritative guidance on lease accounting for continuing care retirement community Type A life care contracts is provided in Technical Questions and Answers (TQAs) published Monday by the AICPA. Developed by the AICPA Health Care Expert Panel, TQAs 6400.55–.62 discuss how to: Determine whether an embedded lease exists under FASB ASC Topic 842, Leases; […]
U.S. Voter Databases Offered for Free on Dark Web, Report
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LEBC chief exec stands down due to illness
LEBC chief executive Jack McVitie has stood down temporarily due to illness and is currently undergoing medical treatment. Mr McVitie, a Chartered Financial Planner, will be taking time off from the retirement adviser to aid his recovery with senior colleagues sharing his duties until he returns. The FCA has been informed and the company has requested […]
Ravi Shankar Prasad writes to Zuckerberg; condemns internal ideology war at Facebook
Union IT minister Ravi Shankar Prasad has shot off a terse letter to Facebook founder and chief Executive Mark Zuckerberg calling for “country specific Community Guidelines” which will “respect the social, religions, cultural and linguistic diversity of India.” Currently, Facebook employs their own Community Standard guidelines to moderate content in India, including hate speech and […]
ByteDance reconsidering sale options after China’s new tech export rules: Report
Illustration: Rahul Awasthi ByteDance founder Zhang Yiming is reconsidering his options and weighing the implications of Beijing’s involvement in TikTok sale, Bloomberg reported. The sale negotiations of the ByteDance-owned short-video app got another twist as China updated its more-than-a-decade-old export rules to include various technologies, including one “that sounded much like TikTok’s personalized recommendation engine”. […]
Adding Business Value That Is Actually, Well, Valuable
Want to increase your business’s prices? Add business value. Are you looking to stand out from competitors? Again, value is the answer. Whatever your objective, adding business value can help you get there. But, adding value to a company is easier said than done. How do you do it? Read on to learn how to […]
CPD completion rate drops despite clear benefits
The accountancy industry is bucking historic trends for continuing professional developments (CPD). Traditional patterns of behaviour show that there are those accountants who like to complete their learning early, those who schedule regular training throughout the year and those who cram at the last minute. Normally by the end of August every year, at least […]
How to get Black female leadership talent into the C-suite
Black Lives Matter and #MeToo, two social movements founded by Black women, have increased pressure on businesses to raise the number of women, particularly Black women and other women of color, in executive positions. For good reason. Women in senior management remain underrepresented in corporate America even though their numbers increased from 17% in 2015 […]