The Federal Reserve had a precursor before it became the lender of last resort. It wasn’t an institution or a government department. It was a single, solitary man named J. Pierpont Morgan. Mr. Morgan, he was called in the newspapers, and you didn’t need to go any further – everyone knew to whom you were […]
Archives for March 2020
Wolters Kluwer’s Continuing Audit Education Adds Value
The value of continuing audit education from the School of Audit During the first few months of each year our lives go on hold as we take care of our clients needs. As auditors, we understand that. However, if you think that your employees are too busy to care about continuing audit education, think again. […]
Disney Plus to launch in India on April 3
Disney Plus, a video streaming service from The Walt Disney Company, will launch in India on April 3, via Hotstar. The streaming service was earlier slated to launch on March 29, along with the Indian Premier League (IPL). However, the suspension of the league made Star & Disney India to suspend Disney Plus launch as […]
B Corp Certification: Your Complete Q&A
Many businesses may want to help build a better economy, society, and environment, but some make it a priority. If you own a business that prioritizes the common good, consider applying for B Corp certification. So, what are B Corp companies? Learn more about this relatively new certification to find out if it’s something you […]
China’s Pinduoduo raises $1.1 billion in share placement amid volatile markets
Chinese e-commerce firm Pinduoduo said on Tuesday that it had raised $1.1 billion in a private share placement, bolstering its ability to finance growth, despite recent market volatility. Undeterred by the coronavirus epidemic that has rocked financial markets around the world, Nasdaq-listed Pinduoduo has secured several long-term investors including Chinese private equity firms Hillhouse Capital […]
How Lease Accounting Will Be Affected by Coronavirus – FEI Daily
©SonerCdem/iStock/Getty Images Plus The coronavirus pandemic is upending the ability to collect and pay rents or other lease obligations, as well as hampering lease accounting and compliance with ASC 842. Without the right accounting tools to handle the various changes, companies may spend hours or days creating tedious workarounds to make adjustments for compliance requirements. […]
#FASuccess Ep 170: Eschewing The Industry’s ‘Growth Imperative’ And Crafting Your Advisory Business With Intention Instead, with Patrick Tucker
Executive Summary Welcome back to the 170th episode of Financial Advisor Success Podcast! My guest on today’s podcast is Patrick Tucker. Patrick is the founder of True Measure Wealth Management, an independent RIA based in Omaha, Nebraska, that oversees nearly $150 million of assets under management for 89 client families. What’s unique about Patrick, though, is […]
Financial adviser says demand for wills up 76%
A global wealth manager says the Coronavirus outbreak has fuelled a 76% rise in clients seeking will writing services. deVere group, which has 80,000 clients around the world, says demand has risen particularly strongly over the past two weeks. The company believes the increase in demand for its wills service has been driven by people’s minds […]
Asia dealmakers look to take-privates, distressed sales as M&As slump to 7-year low
HONG KONG/SINGAPORE (Reuters) – Asia’s dealmakers are looking to distressed sales and a pick-up in take-private deals after fallout from the coronavirus outbreak sent first-quarter M&A activity to a seven-year low. Bankers and other advisers, fearing a prolonged hiatus in headline mergers and acquisitions (M&As), are turning to other forms of activity as governments worldwide […]
Treasury yields rise, 10-year remains below 0.7% as coronavirus crisis deepens
At around 2:25 a.m. ET, the yield on the 10-year note, which moves inversely to price, was slightly higher at 0.6774%, while the yield on the 30-year Treasury bond was also up at 1.2972%. The U.S. death toll from the coronavirus passed 3,000 on Monday following the deadliest day yet, while more than 164,000 cases […]