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Archives for February 2020
Argentina pockets $35B windfall after accounting change – Accounting Today
Argentina may be in deep financial trouble, but its central bank is comfortably back in the black — thanks to a small accounting maneuver. A little-noticed decision by policy makers late last year to change the way they value government bond holdings transformed the central bank’s balance sheet overnight, turning what had been a net […]
Three Ways to Get More Client Referrals
Most advisory firms will strive to be more successful, whether it is this year or by the year 2030. To do this, most will have to significantly grow the number of total assets managed. For others the total number of clients will need to increase, which is especially true for the minority of financial planners […]
India to have more than 907M internet users by 2023: Report
India will have more than 907 million internet users by 2023, accounting for nearly 64% of the population, according to Cisco Annual Internet Report. The report has highlighted that devices and connections are growing faster (7% CAGR) than the population (1% CAGR) in the country. This trend has been boosting the growth in the average […]
India to have more than 907 internet users by 2023: Report
India will have more than 907 million internet users by 2023, accounting for nearly 64% of the population, according to Cisco Annual Internet Report. The report has highlighted that devices and connections are growing faster (7% CAGR) than the population (1% CAGR) in the country. This trend has been boosting the growth in the average […]
SpaceX signs deal to fly 4 space tourists around Earth in about two years
The interior of SpaceX’s Crew Dragon capsule SpaceX SpaceX will fly four privately-paying space tourists to orbit in its Crew Dragon capsule, the company unveiled on Tuesday. “This historic mission will forge a path to making spaceflight possible for all people who dream of it, and we are pleased to work with the Space Adventures’ […]
Hong Kong’s Nov-Jan unemployment rate rises to 3.4%, highest in three years
HONG KONG (Reuters) – Hong Kong’s seasonally adjusted unemployment rate rose to 3.4% in the November to January period, the highest in more than three years, government figures showed on Tuesday, as worries grew over the economic impact of the coronavirus. The labour market had slackened further as economic conditions remained weak, Secretary for Labour […]
New Chancellor confirms 11 March Budget date
The new Chancellor Rishi Sunak has confirmed that the Budget will take place on 11 March, ending speculation it would be pushed back to give him more time. In a Tweet today Mr Sunak said: “Cracking on with preparations for my first Budget on March 11. “It will deliver on the promises we made to […]
Instant PAN through Aadhaar – How to apply for instant PAN?
Income Tax has launched the facility of issuing Instant PAN card through Aadhaar. This facility is free and available on the Income Tax e-filing website. It is a completely paperless process with the issuance of e-PAN card nearly real-time. The e-PAN card issue via this method holds similar value as a physical PAN card. This […]
How to Create a Prepaid Expenses Journal Entry
Do you ever pay for business goods and services before you use them? If so, these types of purchases require special attention in your books. You need to create a prepaid expenses journal entry. So, do you know how to record prepaid expenses? Don’t panic if you don’t. Instead, follow this simple guide to recording […]