The Congress on Monday demanded that Facebook take action against its Indian executives, following a media report that claimed the social media company had not applied its hate speech rules to certain people and groups linked to the ruling BJP. The CPM supported Congress’ call for a joint parliamentary committee (JPC) probe, with party general […]
Archives for August 2020
Tax-News.com: Unilever Concerned By Possible Dutch Exit Tax
Unilever may scrap plans to overhaul its company structure if an exit tax proposed by a Dutch opposition party is passed.
Precious metals funds notch big 5-year gains — at a price
As markets have struggled in the first eight months of the year, the price of gold has surged. And although funds tracking the sector have sported flashy gains, one thing is always certain in the fund world: yesterday’s glitz may not be an indicator of tomorrow’s glam. The 20 top-performing funds that track Morningstar’s precious […]
Auditors show resilience during pandemic, CAQ’s Lindsay says
Public company auditors have responded quickly and effectively to the coronavirus pandemic to help preserve the public’s critically important confidence in capital markets. That’s the conclusion drawn by Center for Audit Quality (CAQ) Executive Director Julie Bell Lindsay, who said in a telephone interview that auditors have used technology and their creativity while exercising their […]
4 reasons advisors are moving now
Advisor movement is spiking. There are a number of factors driving this trend. Here’s a short list. Advisors are increasingly confident of their ability to transition assets and do business during the coronavirus pandemic. When the public health crisis broke on our shores, advisors were initially preoccupied with calming clients on the one hand and […]
IRS posts information about check processing backlog and incorrect notices
The IRS last Thursday posted an update to the webpage that describes its operations during the COVID-19 pandemic. The page notes that the IRS is working through its correspondence backlog and is experiencing delays in processing paper returns, due to its limited staff. Checks: The correspondence backlog includes checks that taxpayers have mailed to the […]
FASB addresses valuation of private company share-based awards
FASB issued a proposal Monday that is designed to make it easier for private companies to determine the fair value of a share-option award on its grant date or modification date. The proposal was introduced by the Private Company Council (PCC), which identified determining the fair value in these circumstances as a costly and complex […]
FASB weighs change in accounting for value of share-based options – Accounting Today
The Financial Accounting Standards Board is considering a proposal from its sister organization, the Private Company Council, aimed at reducing the cost and complexity for private companies when they need to decide on the fair value of the shares underlying a share-option award on its grant date or modification date. The PCC shared concerns from […]
Art of Accounting: Changes at Fairleigh Dickinson masters’ program – Accounting Today
I am an adjunct professor at Fairleigh Dickinson University and started with them in 1976. I taught five different MBA courses in 22 semesters, stopping in 1988. I restarted in 2017 and have now taught three different courses in six semesters since then in the MBA and MS programs. I also guest taught MBA classes […]
ETtech Top 5: Short-video apps land new funds, Reliance eyes ecommerce buys & more
Homegrown short-videos apps are attracting investors as they look to gain users on the back of TikTok’s ban in India. Meanwhile, Reliance is eyeing a slew of acquisitions as it looks to expand the scope of its ecommerce offerings. Short-video funding Homegrown short-video apps Trell and Mitron have raised funding as the sector witnessed unprecedented […]