When you set out to follow your dreams, you don’t expect a global pandemic and economic shutdown to follow along for the ride! But Krystal Brown, a soon-to-be graduate of First Class Accounts Franchise Training, experienced just that. But despite the potential setbacks, Krystal has discovered that starting a business in uncertain times, means she […]
Archives for June 2020
Snapchat curbs Trump for inciting ‘racial violence’
Snapchat on Wednesday became the latest social network moving to curb the reach of US President Donald Trump, claiming the president has been inciting “racial violence.” The youth-focused social network said it would no longer promote Trump on its Discover platform for recommended content. “We will not amplify voices who incite racial violence and injustice […]
Edtech companies on a massive hiring spree as business grows
The Covid-19 pandemic and the resultant lockdown have provided an unexpected boost to education-technology companies. Many of them are on a hiring spree to manage their fast-growing businesses. There are currently around 12,000 active openings for permanent job roles across levels at leading edtech companies, according to an estimate put together for ET by ManpowerGroup. […]
Staying connected with your team while remote working
The outbreak of COVID-19 has meant a lot of change for businesses and employees in a very short period of time. Working from home has gone from an occasional perk to a government-enforced necessity. Although lockdown is slowly starting to ease, it’s likely that many businesses will be working remotely for the coming months. As […]
IRS permits remote signatures for plan loan consents
To respond to the need for social distancing while permitting taxpayers to take distributions from their retirement plans permitted under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, P.L. 116-136, the IRS is temporarily permitting remote signatures from plan participants and beneficiaries and spouses. Section 2202(a) of the CARES Act permits certain individuals to […]
FASB issues limited revenue recognition, lease accounting delays – Journal of Accountancy
FASB issued an update Wednesday that delayed the effective dates of its revenue recognition and lease accounting standards for certain entities in response to the coronavirus pandemic. The board issued an Accounting Standards Update that permits private companies and not-for-profits that have not yet applied its new revenue recognition standard to implement the new rules […]
Trump had no side effects after taking hydroxychloroquine, White House doctor says
U.S. President Donald Trump deplanes from Air Force One as he returns to Washington after travel to the Kennedy Space Center in Florida at Joint Base Andrews, Maryland, May 27, 2020. Jonathan Ernst | Reuters President Donald Trump finished a regimen of the anti-malaria drug hydroxychloroquine “without side effects,” a White House doctor said Wednesday. […]
U.S. HR execs see working from home as part of new normal, survey shows
WASHINGTON (Reuters) – More than three out of four U.S. human resource executives think more employees will continue to work from home even after the threat of the novel coronavirus subsides, according to a survey by a large business association released on Wednesday. The epidemic has upended traditional face-to-face working practices, with millions of employees […]
How did funds with low ESG risk perform over the long term?
Can funds that address diversity and sustainability deliver long-term outperformance? The answer, one expert says, is an unequivocal yes. The 20 best-performing mutual funds and ETFs with holdings that pose the lowest ESG risk generated an average 10-year gain of more than 18%, according to data from Morningstar Direct. That comes in well above broader […]
FASB issues limited revenue recognition, lease accounting delays
FASB issued an update Wednesday that delayed the effective dates of its revenue recognition and lease accounting standards for certain entities in response to the coronavirus pandemic. The board issued an Accounting Standards Update that permits private companies and not-for-profits that have not yet applied its new revenue recognition standard to implement the new rules […]