Accounting firms may be the next acquisition target for fast-growing RIAs. Mariner Wealth Advisors, a $31-billion RIA based in Overland Park, Kansas, inked deals to buy two tax practices. More such deals may be on the way, according to industry consultants. “The shift is to a more robust family office services platform and the trend […]
Download SCSS Calculator 2020
SCSS (Senior Citizens’ Savings Scheme) is an excellent investment for senior citizens as its safe (guaranteed by Government of India), pays guaranteed interest income every quarter and is eligible for tax saving u/s 80C. The next question is how much actual interest is credit to the account every quarter? We have come-up with a simple […]
Accounting firms merge | News, Sports, Jobs – The Adirondack Daily Enterprise
LAKE PLACID — Two firms of certified public accountants — the Hoffman Eells Group, with offices in Lake Placid and Malone, and the Plattsburgh-based Abbott, Frenyea & Russell — announced Friday that they merged their business operations starting Jan. 1. With offices in Plattsburgh, Lake Placid, Malone and Canton, the expanded business will serve Essex, […]
Cannabis and related industries are the next big thing for accountants. – Accounting Today
While a number of accounting firms have dived into serving the cannabis industry, far more are sitting on the sidelines — and whether they’re waiting to see how the pioneers fare, or don’t want to get involved because marijuana remains illegal at the federal level, they’re missing out on a much bigger set of opportunities. […]
8.70% Tata Capital Housing Finance Ltd NCD – January 2020 – Should you Invest?
Tata Capital Housing Finance Ltd. has come out with public issue of non-convertible debentures (NCD) offering up to 8.70% interest rate. The issue opens on January 7 and closes on January 17, 2020. Tata Capital Housing Finance NCD – Significant Points: Offer Period: January 7 to 17, 2020 Annual Interest Rates for Retail Investors: 8.01% […]
9.10% Shriram Transport Finance NCD – Jan’20 – Should you Invest?
Shriram Transport Finance Company Ltd, one of the largest asset financing non-banking finance companies for commercial vehicles has come out with public issue of non-convertible debentures (NCD) offering up to 9.10% interest rate. The issue opens on January 6 and closes on January 22, 2020. Shriram Transport Finance NCD – Significant Points: Offer Period: January […]
Countdown to CECL: What SEC filers have learned about implementation – Accounting Today
All eyes will be on the large SEC registrants in January as they become the first financial institutions to adopt the current expected credit loss model, or CECL. Regulators, investors and other stakeholders will be watching and listening for updates on the impact of the accounting change. Even now, however, banks and credit unions with […]
SEC proposes updating auditor independence rules
Auditor independence rules would change under a new SEC proposal designed to permit relationships in situations when independence is not substantially threatened. If adopted, the proposed amendments to the independence rule (Rule 2-01) would: Amend the definitions of affiliate of the audit client, in Rule 2-01(f)(4), and Investment Company Complex, in Rule 2-01(f)(14), to address […]
Pros and Cons of Cash-basis Accounting
Choosing your accounting method is the first step in handling your company’s books. If you’re a small business owner, you may prefer the simplicity of cash basis as opposed to accrual or modified cash-basis accounting. But before solidifying your decision, learn the pros and cons of cash-basis accounting. A little bit about the 3 accounting […]
How Can the Accounting Profession Attract a Diverse Generation Z? – The CPA Journal
Generation Z is beginning to enter the workforce, bringing with it a demographic shift that will affect every facet of American society, including the accounting profession. Attracting and retaining these diverse young workers thus represents the next great challenge for firms. The authors discuss the intersection of diversity efforts with outreach to Generation Z, present […]