The 20 bond funds with the biggest 10-year net flows are home to nearly $1.3 trillion in assets, Morningstar Data show. Over that period, these funds raked in a combined $601.3 billion in net assets and bested the broader bond market with an average gain of more than 3.9%. The edges past the iShares Core […]
Archives for July 2020
Government financial reporting model would change under GASB proposal
The state and local government financial reporting model would change under a new proposal issued by GASB. GASB’s exposure draft, Financial Reporting Model Improvements, proposes changes that are designed to enhance the effectiveness of financial reports in providing information essential for making decisions and assessing a government’s accountability. The proposal also addresses certain application issues. […]
Guidance on recapture of excess employment tax credits
The IRS issued temporary and proposed regulations on the recapture of excess employment tax credits under the Families First Coronavirus Response Act (FFCRA), P.L. 116-127, and the Coronavirus Aid, Relief, and Economic Security (CARES) Act, P.L. 116-136. The regulations cover the reconciling of advance payments of the acts’ refundable employments tax credits and authorize assessments […]
Art of Accounting: Advice to new accountants – Accounting Today
Why would a young person starting out in public accounting want to listen or pay attention to an old guy? When I was young I pretty much tuned out whatever an old person said to me. If I had to sit near them, I would nod enough times to be polite, but I really wasn’t […]
Curtis Banks’ Kingston dies in road accident at 47
SIPP provider Curtis Banks has paid tribute to its group communications director Greg Kingston who has died at the age of 47 in a holiday road accident. Mr Kingston, a long time motor bike and motor sports enthusiast, went on holiday to the Alps as the lockdown restrictions eased but was tragically hit by a […]
ETtech Top 5: India’s App Ban 2.0, Steadview’s India bets & more
More Chinese apps are under scrutiny in India even as the government undertook a second round of app ban in the country. Meanwhile, smaller towns are aiding the recovery in demand for online beauty firms to pre-Covid-19 levels. App Ban 2.0 The Indian government has issued an order to ban 47 apps that were essentially […]
Sad Old Man Rocks making new high
Just a quick update on the gold breakout I wrote about on July 1st. Lots of follow-through for the metals ETFs and related mining stocks. Gold is now decisively above its previous nominal highs. In my experience, once an asset class or commodity takes out a multi-decade high, it’s probably a mistake to think you’re […]
Tired of Zoom? Try having random video chat with strangers on Omegle
By Taylor LorenzFirst there was the Zoom boom, followed quickly by Zoom fatigue. Then everyone became a gamer, inviting visitors to their virtual islands and sending friends digital gifts. There were raves, meetings, meditations and movie nights, all of which took place on the internet. Now, months later and with no sign of the virus’ […]
Developing Employee Career Tracks As An Alternative To Performance Reviews For Better Team Improvement
Executive Summary In the early days of the financial advice industry, an advisor’s career track was relatively straightforward. Either they met their insurance policy or investment product sales quota to qualify their contract, or they found some other way to make a living. However, amid the ongoing shift towards the recurring revenue AUM model, and […]
The tipping point for SaaS in product development: Part 1
Software as a Service (SaaS) adoption has reached a tipping point in the product lifecycle management (PLM) and computer aided design (CAD) markets. Here, Will Hastings, research analyst manager at PTC talks about the way forward. With the COVID-19 crisis forcing many desk workers to work from home, organisations that relied on their physical space […]