Mistakes happen, especially when it comes to recording transactions in your books. One type of accounting mistake that’s easy to make is a transposition error. Read on to learn what is transposition error and how it can affect your accounting books. What is a transposition error? A transposition error in accounting is when someone reverses […]
Archives for January 2020
WeWork’s leasing activity plunged 93% in the fourth quarter after failed IPO attempt
WeWork Rise on Water St. in New York City Adam Jeffery | CNBC After pulling its much-hyped IPO late last year and raising emergency funding from SoftBank, WeWork’s leasing activity in the fourth quarter slowed to a crawl. The company signed only four leases covering 184,022 square feet of space in the last three months […]
Kitces & Carl Ep 25: The Overconfident Conversation And Walking Clients Back From The Greed Ledge
Executive Summary When market conditions become volatile and scared clients are on the verge of panic about the potential to lose even more money, financial advisors are faced with the challenge of talking their clients “off the ledge” from making a potentially disastrous investment choice to leap out of the market near the bottom and […]
Amazon’s $1 billion investment in India no big favour: Piyush Goyal
Amazon hasn’t done India any big favours by investing $1 billion in the country, its trade minister said on Thursday, laying bare the tensions with the U.S. online retail giant during a visit by its CEO Jeff Bezos. Amazon and Walmart’s Flipkart are facing mounting criticism from India’s brick-and-mortar retailers, which accuse the U.S. giants […]
John Moret: Pensions taxation needs fundamental reform
Midnight on 31 December 2019 saw me enter my sixth decade of working in the pensions industry. Looking back I think the two biggest influences over those fifty years have been technology and longevity. It’s hard to believe that there was virtually no automation when I started. Calculations were made using a hand operated Monroe calculator […]
Business investment into Singapore surges to seven-year high
SINGAPORE (Reuters) – Business investment commitments into Singapore jumped nearly 40% last year to a seven-year high, far more than expected as some key sectors bet on rising demand, a government agency said. Commitments for investments in fixed assets such as facilities, machinery and other equipment surged to S$15.2 billion ($11.3 billion) in 2019, well […]
13 Most Important things to know before investing in Bank Fixed Deposits
Fixed Deposit is the most popular investment in India mainly due to guaranteed returns, choice of interest pay-out frequency, liquidity, safety and ease of execution. Most retired depend on the regular interest earned from fixed deposit for their day to day expenses. Here are 13 most important things you should know before investing in Fixed […]
Chinese playbook to steal trade secrets
The new trade deal between Washington and Beijing is intended in part to address one of the most acrimonious issues between them: China’s tactics in acquiring technology from companies based in the West. It’s a thorny topic, and one that is unlikely to be fully solved with a trade pact. The Trump administration blames China […]
Have Aadhaar, passport? You will have to share details for NPR
(Representative image) Sharing details of Aadhaar, passport number, voter ID and driving licence during the planned National Population Register (NPR) exercise will be mandatory if you possess these documents, home ministry sources clarified on Wednesday. A senior official explained “voluntary” or “optional” sharing of identification documents only meant respondents would not be required to provide […]
Jeff Bezos tries to win over traders in India
On a nippy Wednesday morning, traffic snarls near Jawaharlal Nehru Stadium in the capital triggered angry expletives from drivers, who were stranded staring at a huge orange balloon soaring against the skyline with Amazon emblazoned all over it. Small traders, who had threatened to greet Amazon founder Jeff Bezos with vociferous protests for allegedly taking […]