A recent study conducted by FreeAgent has highlighted that UK SMEs are far more resilient than might have been expected but holes in the government’s support have emerged, according to speakers at a roundtable event last week. “Employment has been saved by the furlough scheme that has been made available – support was incredible, but […]
Archives for 2020
Man charged for aiding investment scammer
The Financial Conduct Authority (FCA) has commenced criminal proceedings against Stephen Allen for helping to hide an investment scammer’s interest in a London property. The FCA alleges that between 21 July 2014 and 6 July 2017, Mr Allen conspired with Renwick Haddow to pervert the course of justice by disguising Mr Haddow’s interest in the […]
Accountants look to educate younger generation in latest tech skills – Accounting Today
Institute of Management Accountants president and CEO Jeff Thomson told an online meeting Wednesday of the Accountants Club of America about how the profession can appeal more to young people by emphasizing technology know-how in areas like data analytics and data science. “This really is a race for relevance and the future of our profession,” […]
Success strategies for CFP exam-takers
We are less than one month away from the next CFP exam window, meaning hundreds of candidates for CFP certification are busy studying and preparing to accomplish a major career milestone. Spanning approximately 72 financial planning topics across eight subject areas, the CFP exam is among the most comprehensive of professional examinations, testing candidates’ ability […]
FASB staff weighs in on debt modifications and restructurings
FASB’s staff published an educational paper Wednesday that provides guidance to borrowers on how to account for debt modifications and restructurings, which have been common this year as a result of the coronavirus pandemic. The staff paper gives an overview of the accounting guidance for debt modifications and restructurings, and it also provides examples of […]
Tax-efficient funds with the best 10-year returns
Tax-efficient funds with the best returns of the decade managed to outpace the broader industry. But does that mean it’s a good long-term strategy? The 20 mutual funds and ETFs with tax-cost ratios lower than their peers generated an average 10-year gain of 14.89%, according to Morningstar Direct data. So far this year, the same […]
4 key guidelines for young accountants – Accounting Today
Entering the workforce for the first time is challenging in and of itself. From acclimating to your company’s culture and learning the ins and outs of the organization to understanding your responsibilities and how your role fits into the strategic vision of the business — it can be daunting, even under the best of circumstances. […]
Top Credit Card for Festival Season – Online Shopping
Top Credit Card for Festival Season – Festival season has started. E-commerce companies Amazon and Flipkart have already launched their mega-festival sale online. You must have planned to purchase gifts and household items for this Diwali. This year Diwali (Festival of Light) may not be celebrated with full of energy and joy due to COVID-19. […]
Worst Case Scenarios
So, here we are at the end of October. Facing some worst case scenarios that we weren’t necessarily expecting to face just a few short weeks ago. First, there is no stimulus package coming out of the Congress before the election. Trump said so yesterday. And it’s hard to imagine Trump losing and then making […]
Welcome to Hell
The sublease offers are flooding into my inbox. 12,000 square feet on Lex in the 50’s. Tenant probably just handed the landlord the keys. No thanks. I’m already lighting thirty grand a month on fire for my own midtown lease. Every day more cold emails from brokers repping buildings. Hi Josh, You’ve heard it here […]