The FCA and PRA have hit Goldman Sachs International (GSI) with a fine of £96.6m for management failings in dealing with allegations of bribery and staff misconduct. The regulators said its mishandling of concerns allowing “severe misconduct” to go unaddressed. The failures relate to 1Malaysia Development Berhad (1MDB) and London-based GSI’s role in three fund […]
Archives for October 2020
UAA Model Rules updated to support evolution of CPA licensure
The National Association of State Boards of Accountancy (NASBA) board of directors has approved updated language to the Uniform Accountancy Act (UAA) Model Rules that will pave the way for the CPA Evolution project. NASBA and the AICPA have worked together for years on CPA Evolution, an initiative designed to ensure that newly licensed CPAs […]
Accounting firm RLB names William Bloss managing partner – LVB – Lehigh Valley Business
RLB Accountants of Allentown has named William E. Bloss as its managing partner. He will take over for Martin C. Levin, who has served as managing partner since the firm was formed in 2009. User ID / Email / Password is case sensitive To inquire about group subscriptions or an enterprise site license for your […]
Credit Card EMI Offer – Should you opt?
Credit Card EMI is a facility that allows you to purchase big items on EMI. You need not spend the entire amount from your pocket at a single go. The entire amount will be divided into equated monthly installments and paid on monthly basis. You require a credit card to opt for this facility. Festival […]
When is it time to hire an e-commerce accountant?
Handling your own books may be the only option when you first open your online store, but as you grow, you need to free up your time and get help with more complex bookkeeping and accounting issues. So, how do you know it’s time to seek help from an expert? Watch the video linked below […]
“a conflict between the head and the heart”
A very special thank you to Jane Wollman Rusoff, who wrote about the book this week and called to interview me about how we put the project together. You can read her article here: How Josh Brown and Other Financial Pros Invest Their Own Money (Think Advisor) Pre-order How I Invest My Money today!
Year-end Tax Planning for Small Business Owners: Head Start for 2021
The end of the year is a busy, if not the busiest, time for small business owners. You’re gearing up for a new year and trying to wrap things up before the year comes to a close. One thing that should be on your mind during this time is year-end tax planning. 8 Year-end tax […]
Kitces & Carl Ep 45: (Re-)Structuring Client Review Meetings In Order To Focus On What Really Matters To Clients
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Hearings begin in Samsung vice chairman Jay Y. Lee’s accounting fraud trial – TechCrunch
The trial of Samsung leader Jay Y. Lee, who is accused of accounting fraud and stock-price manipulating, held its first hearing today at the Seoul Central District Court. The Seoul Central District Court denied prosecutors’ arrest warrant request for Lee in June, stating that even though they had secured a “considerable amount of evidence,” it […]
Pandemic resilience starts with compassion, accountants say
Sometimes the simplest values can help organizations succeed during challenging times. Sheila Enriquez, CPA/CFF, managing partner and CEO of Briggs & Veselka in Houston, said a strong focus on compassion has helped her firm succeed during the coronavirus pandemic. “I know it sounds soft, but it has served us well,” she said Wednesday during a […]