Executive Summary No matter the industry or field, virtually all business owners have experienced the stress of just trying to stay afloat for the first (sometimes several) years of their existence. Those fortunate enough to get through those early ‘lean’ years, building a sustainable and growing business along the way, eventually feel a certain sense […]
Archives for July 2020
PM Modi shuts Weibo account after banning Chinese apps
Indian Prime Minister Narendra Modi has deleted his account on Sina Weibo , China’s answer to Twitter, an Indian government source and the company said, as tensions between the two countries continue to simmer over a border skirmish. Since posting on Sina Weibo the first time in 2015 during a visit to China, Modi has […]
From Enron to Wirecard – Big 4 Accounting Firms Still Face Systemic Problems – Insurance Journal
Article 2 Comments Two decades of financial disasters from Enron Inc.’s collapse in 2001 to Wirecard AG’s meltdown have left the Big Four accounting firms facing a major cultural problem that regulators may struggle to resolve. The 1.9 billion euros ($2.1 billion) missing from Wirecard’s balance sheet brought the chief executive officer’s arrest, the German […]
DuckDuckGo goes offline in India; privacy-focused search engine in talks with ISPs to resolve issue
Privacy focused search engine DuckDuckGo is not working in India, which the company said was not due to any technical glitch on its part and was talking to internet servcie providers in the country to resolve it. “To our users in India: We’ve received many reports our search engine is unreachable by much of India […]
Reigniting your business’ engine
With a hesitant sense of normality starting to return to most of the Australian business landscape and restrictions on trade lifting, there’ll still be some heavy lifting to get your business humming again. But hum it can. How have businesses changed? It may be no surprise to you as a business owner, but prevailing health […]
Facebook frustrates advertisers as boycott over hate speech kicks off
Advertisements for more than 400 brands including Coca-Cola and Starbucks are due to vanish from Facebook on Wednesday, after the failure of last-ditch talks to stop a boycott over hate speech on the site. U.S. civil rights groups have enlisted the multinationals to help pressure the social media giant into taking concrete steps to block […]
House joins Senate in approving 5-week PPP extension
The U.S. House of Representatives on Wednesday joined the Senate in passing by unanimous consent a five-week extension of the Paycheck Protection Program (PPP). The bill now goes to President Donald Trump, who is expected to sign it. The House’s approval came after the Senate approved an extension in a surprise move Tuesday night just […]
For TikTok-ers, reach doesn’t equal moolah
Influencers on YouTube and Instagram earn at least three times more through brand tie-ups than those on TikTok, despite the Chinese short-videos platform beating the rivals hands down in reach and user engagement. The government on Monday banned 59 Chinese apps, including the most popular TikTok, citing national security concerns. The move has, however, hit […]
Elon Musk congratulates Tesla employees ahead of Q2 deliveries report
Vehicles pass the Tesla Inc. assembly plant in Fremont, California, U.S., on Monday, May 11, 2020. David Paul Morris | Bloomberg | Getty Images Around 11:00 a.m. California time on Wednesday, Tesla CEO Elon Musk sent out an e-mail congratulating his tens of thousands of employees. “Just amazing how well you executed, especially in such […]
Auditors can play key role in ESG information assurance
The increasing attention paid to company disclosures on environmental, social, and governance (ESG) information in the current environment means auditors have a growing role to play related to these disclosures. A new Center for Audit Quality (CAQ) report, The Role of Auditors in Company-Prepared ESG Information: Present and Future, addresses how public company auditors can […]