World Mental Health Day is an opportunity for us to reflect on ourselves, our colleagues and open up the conversation around mental health. Here at Xero, it’s part of our culture to support each other. We have a collective responsibility and this is our opportunity to step up – not to solve the problem, but […]
Archives for October 2020
OCC fines Morgan Stanley $60 million for 2016 data breach
WASHINGTON — Morgan Stanley was slapped with a $60 million fine by regulators Thursday for risk management problems tied to a 2016 data breach. The consent order by the Comptroller of the Currency cited failures at both Morgan Stanley Bank NA and Morgan Stanley Private Bank NA related to the shutdown of two wealth management […]
Biden win could open the door for Reg BI revamp
The future of advice regulation could be on the ballot as the presidential election heads into the final stretch, according to fiduciary advocates and industry groups. To be sure, neither President Donald Trump nor former Vice President Joe Biden is campaigning on how their SEC or Department of Labor would regulate investment advisors and brokers, […]
Restaurant Bookkeeping For A Multi-Location Restaurant Group
Restaurant bookkeeping for a restaurant group that has multiple locations can be tricky. With several restaurant locations you have quite a bit going on. You have invoices and bills to deal with as well as credit card and cash deposits for each location.
How Amazon Makes Money? – Amazon Business Model
Today we are going to talk about Amazon Business Model. Amazon is no 1 e-commerce platform. The CEO of Amazon Jeff Bezos is the world’s first centibillionaire person with net worth of $113 billion. You can learn a lot of business lessons from Jeff Bezos and Amazon business model. So, let’s get started. How Amazon […]
Microsoft Azure Flaws Open Admin Servers to Takeover
The administrator of your personal data will be Threatpost, Inc., 500 Unicorn Park, Woburn, MA 01801. Detailed information on the processing of personal data can be found in the privacy policy. In addition, you will find them in the message confirming the subscription to the newsletter.
Diversity in accounting: An ethical, social and practical imperative – Accounting Today
“While diversity practices are developing, progress is fragmented … For the wider profession, there are long-term stakes in legitimacy, professional ethics, trust creation, and future recruitment.” — Institute of Chartered Accountants of England and Wales Serving in an attractive profession that offers great earning potential and a reliable array of career choices, accountants are historically […]
Amazon ploughs Rs 700 crore into its digital payments business in India
US-based online retailer Amazon has pumped in a further Rs 700 crore into its Indian digital payments business Amazon Pay, ahead of the festive season when it expects to dole out large cashbacks in order to grow its customer base. The bulk of its latest infusion comes via Amazon Corporate Holdings, the Singapore-based parent entity […]
What Kind of Support Can You Get for Starting a Veteran-owned Small Business?
If you have a veteran-owned small business, you may be eligible for special training, loans, and contracting opportunities. Read on to learn what types of options are available to veteran entrepreneurs as well as eligibility requirements. And if you don’t have a veteran-owned business, you might qualify for support if you employ workers with veteran […]
Kitces & Carl Ep 44: Communicating New Advice Fees When Transitioning Clients From A Commission-Based Business Model
Executive Summary For much of its history, the financial advice industry has been dominated by a commission-based business model, where the comprehensive financial plan was a form of consultative selling that demonstrated to the prospective client their gaps (that the advisor’s products could fill). Given the one-off nature of the model, financial advisors would, in […]