Private equity firm EQT Fund Management has made a second approach towards an acquisition deal with Australian fintech Iress. EQT first proposed a bid for A$14.80 per share in June, but the Iress board rejected the offer as not being in the best interests of the firm’s shareholders. Iress has now confirmed that earlier this […]
Archives for July 2021
Kitces & Carl Ep 65: Handling Clients Who Bring Their Own ‘Hot’ Investment Ideas
Executive Summary If there is one constant in the world of investing and financial advice, it’s that there will always be a seemingly unending procession of “next great things”. Human progression being what it is, there have been some incredible opportunities for people to be rewarded for investing in innovation. However, for every “home run” […]
Tableau, the data behind the information
Where SQL shines in analytics, queries, and calculations, Tableau is a visual tool for representing data points in a way that is meaningful but more importantly accessible to the less tech-savvy users. If you’ve ever pen asked to create a pie chart or wanted to show sales forecasts for your team in line or bar […]
How Continuous Audit Tech Will Save Your Business Money Now
It happens all the time. There’s a gym membership you’ve been meaning to cancel. You still subscribe to streaming channels that you don’t watch anymore. And slowly but surely, you are losing money and creating a budgeting nightmare. All those unnecessary recurring charges add up– yikes! Now imagine this scenario in the small business setting. […]
SBA streamlines forgiveness process for most PPP loans
The U.S. Small Business Administration (SBA) published new guidance Wednesday designed to simplify and speed up the forgiveness process for businesses and not-for-profits with Paycheck Protection Program (PPP) loans of $150,000 or less. The SBA also announced that it will launch a new application portal Aug. 4, allowing borrowers to apply for forgiveness directly with […]
Should you be wearing a mask again? Here’s a map of the Covid hot spots subject to the CDC’s new mask guidance
A person wears a mask while walking in Grand Central Terminal on July 27, 2021 in New York City. Spencer Platt | Getty Images The Centers for Disease Control and Prevention recommended Tuesday that fully vaccinated Americans start wearing masks indoors again in places with high Covid-19 transmission rates as nationwide infection levels are once again […]
COSO provides guidance on application of ERM to cloud computing
Enterprise risk management for cloud computing, which has emerged as an important issue for companies in an environment with numerous technological opportunities and cybersecurity threats, is addressed in new guidance issued Wednesday by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). The guidance in Enterprise Risk Management for Cloud Computing uses the principles […]
5 questions for divorce planning expert Pam Friedman
In a new episode of the Financial Planning Podcast, financial advisor Pam Friedman explains why women are facing more stress than ever during the coronavirus pandemic and how planners can help. Friedman is a financial advisor, author and expert on divorce planning.Robertson Stephens. Friedman is an Austin, Texas-based principal with Robertson Stephens, an RIA with […]
Machine learning in accounting and what it means for business – Accounting Today
If you’ve ever messaged an online chatbot or asked Alexa a question, you’ve used machine learning. But do you know how machine learning in accounting can make a startup or small business’s processes more accurate and efficient? Machine learning is the application of computer algorithms to identify data patterns and use them to make more […]
It’s almost as if the rally made sense
Apple is the largest corporation on earth and, in the last quarter, their profits doubled versus the same quarter during the prior year. As my partner Barry likes to say, “Stop and think about it!” Indeed, that’s f***ing bananas. Apples. Whatever. Here’s what else Apple told us last night: EPS: $1.30 vs. $1.01 estimated Revenue: $81.41 billion vs. $73.30 […]