Democratic presidential candidate, author Marianne Williamson addresses the audience at the Environmental Justice Presidential Candidate Forum at South Carolina State University on November 8, 2019 in Orangeburg, South Carolina. Sean Rayford | Getty Images This is breaking news. Please check back for updates.
Archives for January 2020
Countdown to CECL: What SEC filers have learned about implementation – Accounting Today
All eyes will be on the large SEC registrants in January as they become the first financial institutions to adopt the current expected credit loss model, or CECL. Regulators, investors and other stakeholders will be watching and listening for updates on the impact of the accounting change. Even now, however, banks and credit unions with […]
SEC proposes updating auditor independence rules
Auditor independence rules would change under a new SEC proposal designed to permit relationships in situations when independence is not substantially threatened. If adopted, the proposed amendments to the independence rule (Rule 2-01) would: Amend the definitions of affiliate of the audit client, in Rule 2-01(f)(4), and Investment Company Complex, in Rule 2-01(f)(14), to address […]
How Things Go Viral
[embedded content] I’ve never seen someone talk Barry Ritholtz into absolute submission. Derek is crazy smart. You should be subscribed to our channel if you aren’t already. We’re going to crush it this year.
How to Balance High Value and Time
What is one thing every business owner lacks? Time. Time is one of the most valuable commodities as a business owner, making it imperative to strategically maximize. A roadblock I see many business owners face is the struggle between providing high-value and having the time to do it. Every business wants to provide its clients […]
IRS issues 2020 standard mileage rates
The optional standard mileage rates for business use of a vehicle will decrease slightly in 2020 after increasing significantly in 2019, the IRS announced on Tuesday (Notice 2020-05). For business use of a car, van, pickup truck, or panel truck, the rate for 2020 will be 57.5 cents per mile in 2020, down from 58 […]
Pros and Cons of Cash-basis Accounting
Choosing your accounting method is the first step in handling your company’s books. If you’re a small business owner, you may prefer the simplicity of cash basis as opposed to accrual or modified cash-basis accounting. But before solidifying your decision, learn the pros and cons of cash-basis accounting. A little bit about the 3 accounting […]
German employment hits record high in 2019, but momentum fades
BERLIN (Reuters) – German employment reached a record high in 2019 as higher labor-market participation and increased immigration of foreign workers more than offset demographic change, the statistics office said on Thursday. The number of people with jobs rose by 402,000, or 0.9%, to 45.3 million despite weaker economic growth last year, the office said. […]
Kitces & Carl Ep 24: Improving Work-Life Balance In 2020 And Giving Yourself Permission To Rest
Executive Summary With the beginning of 2020 upon us, we find ourselves not only ringing in a new year, but also welcoming a whole new decade! And with these new beginnings comes the perfect opportunity to review our most important personal and professional goals, set new intentions, readjust (or even abandon) old ones, and explore […]
Tech bounces back as best performing sector of 2010s
Technology funds bounced back to lead global markets over the past decade but energy funds fared badly with funds in this sector forming half of the top 10 worst performers, according to analysis by Willis Owen. The top ten performing funds were a mix of technology focused, Japanese small cap and UK Smaller companies, said Willis […]