The energy industry is now focusing on balance sheet strength and free cash flow as it prioritizes increasing production growth, which remains challenging. That was one of the strategic messages imparted by Helen Currie, chief economist for ConocoPhillips at a recent AICPA Oil and Gas Conference session. U.S. exploration and production companies face higher capital […]
Archives for 2020
State Pension to rise by 2.5% in April
The State Pension will rise by 2.5% in April, the Government confirmed today. Thérèse Coffey, the Secretary of State for Work and Pensions, confirmed the increase in a House of Commons statement. The new rates will apply in the tax year 2021/22 and will come into effect for England and Wales from 12 April. Although […]
Am I required to document videoconferences with clients?
Q: During the pandemic I’ve been working from home like most of my co-workers. Instead of having in-person meetings with clients, we’ve been using videoconferencing. I know that if I was meeting these clients in person I wouldn’t have to keep any documents but when I’m having a videoconference, is there any requirement that I […]
SMEs need more breathing space, but fear of accumulated debt remains
Despite an additional £150bn in government bonds purchased by the Bank of England (BOE) and extended government support provided to UK businesses, more needs to be done to keep SMEs alive, particularly as debt will accumulate over time, says Douglas Grant, managing director at Conister bank. “What we are doing is stacking up a problem […]
How to Update Your Remote Access Policy – And Why You Should Now
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.
Case studies: CAS in 2020 – Accounting Today
While 2020 was a year of crisis for many businesses, accountants found that their services came into sharper focus. In a remote world, outsourced accounting becomes easier to deliver to more clients; and in a world where businesses have been forced to temporarily close or shift their operations significantly in some way, accountants find themselves […]
Year-End Tax Planning Under The Forthcoming Biden Presidency
Search Term: Author: Category:
UBS stresses the importance of financial wellness benefits during COVID-19
Financial wellness isn’t a “nice-to-have” benefit anymore — it’s a critical offering for employers who want to keep their most talented employees, UBS executives say. The wealth management giant recently surveyed more than 1,200 U.S. employees across multiple industries to determine how financial wellness programs impact employee experience. Conducted in April and May — some […]
How direct-to-consumer jewellery brand Fenton is finding a silver lining to the second lockdown
Businesses of all shapes and sizes are adjusting to the challenges of ever-shifting COVID-19 restrictions. With the UK in another period of lockdown, many small businesses are taking the lessons they learnt from earlier this year to navigate these latest restrictions. London-based jewellery brand, Fenton, is no exception. The company was founded two years ago […]
Nikola shares fall after CEO fails to reassure investors GM won’t pull out of $2 billion deal
Nikola Motor Company Two truck Source: Nikola Motor Company Shares of embattled electric vehicle start-up Nikola Corp. fell by more than 8% in afterhours trading after CEO Mark Russell failed to reassure investors that the company’s $2 billion deal with General Motors would still go through and that ousted founder Trevor Milton wouldn’t suddenly sell […]