The SEC voted Wednesday to amend the rules governing its whistleblower program and change its shareholder proposal rule. The whistleblower program amendments provide a mechanism for whistleblowers with potential awards of less than $5 million, subject to certain criteria, to qualify for a presumption that they will receive the maximum statutory award amount. Awards of […]
Archives for September 2020
PPP loan forgiveness: What CPAs should be doing now
In the six months since the Paycheck Protection Program (PPP) was created, the only certainty about the program has been uncertainty. The PPP came into being as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, P.L. 116-136, which was signed into law March 27. With the coronavirus shutting down much of the […]
$400M team leaves Northwestern Mutual to open RIA with Dynasty
A $400 million advisor duo is leaving Northwestern Mutual, where they’ve spent the entirety of their career, to open an RIA. “We wanted more flexibility and a quicker response time to adjusting our operational technology and our client-facing technology,” said one of the advisors, Michael Leverty, in an email. This is the first move for […]
Funding Resources for Small Business & Franchises
We at BKE are aware of the impact the events of 2020 have had on the cash flow of many small businesses and franchises. As we work to adapt our business models to the new environment, sustainability has become a key concern for many. While resources are constantly changing, we want to make sure you […]
New FAQs address health care entity pandemic accounting
New frequently asked question guidance for health care entities on pandemic-related questions have been added to a list that was first posted Aug. 3. All the FAQ guidance was developed by the AICPA with assistance from a group of health care experts and is designed to assist financial statement preparers and auditors as they work […]
New FAQs address health care entity pandemic accounting – Journal of Accountancy
New frequently asked question guidance for health care entities on pandemic-related questions have been added to a list that was first posted Aug. 3. All the FAQ guidance was developed by the AICPA with assistance from a group of health care experts and is designed to assist financial statement preparers and auditors as they work […]
PhonePe joins ranks with Paytm against Google
Transcript of interview with PhonePe founder and CEO Sameer Nigam on the Google vs Paytm controversy. With all that’s been happening between Paytm and Google, on the face of it, what’s your take as the founder and CEO of one of India’s leading payment apps? How do you really see this whole issue and the […]
Thailand to start legal action vs Facebook, Google, Twitter over content
Representative image Thailand’s digital ministry said on Wednesday it would start legal action against Facebook, Twitter and Google this week for ignoring some requests to take down content, in what would be the country’s first such cases against major internet firms. The ministry would file complaints with cybercrime police on Thursday after the U.S. companies […]
SPACs are still bulls***
I almost slipped and bought into the SPAC Renaissance. Almost. Draftkings looks legit. But Draftkings could have been a true IPO. The SPAC wrapper was beside the point. Chamath and Ackman will probably do something legit, those guys usually find a way to win. Maybe a few others. The rest are / will be garbage. […]
Fostering Healthier Advisor-Client Relationships By Mitigating Transference And Counter-Transference
Executive Summary When it comes to connecting with strangers in a new relationship, our minds often jump to associating them with a friend or family member who we know well (“you remind me of so-and-so!”)… something we do without even realizing it. The tendency to do this is part of our brain’s natural shortcuts to […]