News MANAGEMENT ACCOUNTING By Ken Tysiac {:else} {timeSince} {/if} {@if cond=”{isCGMA}”} {:else} {/if} {/.} Risk appetite plays an important role in organizational success and should be considered carefully by leaders as they make strategic decisions. The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has published new guidance on risk appetite focusing on how […]
Archives for May 2020
Premium tax credit unaffected by personal exemption decrease to zero
The IRS issued long-promised proposed regulations explaining how taxpayers who may qualify for the Sec 36B premium tax credit are affected by the temporary reduction of the personal exemption deduction under Sec. 151 to zero (REG-124810-19). The regulations replaced guidance issued in Notice 2018-84. Under Sec. 151(d)(5)(B), the reduction of the exemption amount to zero […]
Leave Encashment Calculation & Tax Implications
Leave Encashment is a process where you can get money for the unused balance leaves. Most of the people are not aware of Leave Encashment Calculation and Applicable taxes under various conditions. To help them here is complete information about Leave Encashment Calculation and applicable taxes. Salaried people have different types of leaves like casual […]
4 in 10 to use savings to cope with pandemic
More than four in ten (45%) British savers expect to draw cash out of savings and investments to cope with the impact of Coronavirus on their household’s finances. According to a survey of 1,000 Britons, 1 in 10 ten savers also plan to reduce or stop regular contributions into a stocks and shares ISA. Research […]
Mukesh Ambani prepares Facebook-backed Jio Platforms for overseas IPO
By Baiju Kalesh, Anto Antony and P R Sanjai Reliance Industries is working with banks on early preparations for an overseas listing of its digital and wireless business, people with knowledge of the matter said, after the unit attracted more than $10 billion of investment in a month. The conglomerate backed by Mukesh Ambani, Asia’s […]
This is the thing the bears hate most
I wrote this on my birthday, February 25th. I knew it would happen. Hundreds of S&P 500 component companies, like my Mastercard example, cut their full-year guidance for 2020 or eliminated it outright. The bears like that. But then, enough time goes by and everyone forgets what the original estimates were. And then the companies start […]
Global Forensic Accounting Market Report 2020 – Impact of COVID-19, Trends & Developments, Competitive Landscape and Forecasts to 2025 – ResearchAndMarkets.com – Business Wire
DUBLIN–(BUSINESS WIRE)–The “Global Forensic Accounting Market By Type of Investigation (Criminal and Fraud Investigation; Bankruptcy Proceedings; Risk Management; Cross Border Investigations; Other Forensic Audit), By Organization Size, By End User, By Region, Forecast & Opportunities, 2025” report has been added to ResearchAndMarkets.com’s offering. The Global Forensic Accounting Market is expected to witness a brisk growth […]
ETtech Top 5: Uber axes 600 jobs in India, Ola’s financial services bet, home delivery of liquor & more
Happy Tuesday! The disruptions caused by the Covid-19 pandemic have forced many companies to downsize operations. Shared mobility major Uber laid off a fourth of its workforce in India on Tuesday. The job cuts are part of the global retrenchment exercise announced by the ride-hailing app last week. With large parts of the world shut […]
Warner Music kicks off $1.8 billion Nasdaq IPO
Warner Music Group said on Tuesday it is aiming to sell up to $1.82 billion in stock in its U.S. initial public offering, potentially the largest New York IPO so far in 2020 as the market for new stocks rebounds after the Covid-19 pandemic put many debuts on hold. Warner Music, the world’s third-largest recording […]
How to Find Accounting Errors in Your Books: 5 Tips to Follow
Accounting errors are inevitable, especially if you’re rushing to add information into your small business accounting books. To detect accounting errors sooner rather than later, learn how to find accounting errors. Common accounting errors Before digging deep into finding accounting errors, let’s briefly recap some of the most common accounting errors out there. When you’re […]