Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) – Sponsored by Sen. Michael Crapo (R-ID) in November 2017, this bill rolls back some of the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The original bill was designed to tighten regulations on financial institutions following the Great Recession … Continue reading “Dodd-Frank Rollback, Security Clearance Assistance, and Returning Assets from the Nazis”
Studies have shown that as much as 40 percent of time spent at work is generally unproductive, busy work. Things like checking emails, ordering supplies, fixing the copy machine or trying to figure out how to work a conference call line – during the conference call. These tasks can be aggravating and, when experienced by … Continue reading “Amazon’s Alexa as a Virtual Office Assistant”
Artificial Intelligence, otherwise known as AI, is not something that exists only in science fiction or Hollywood movies. It’s here. And it’s changing the way accountants are doing business. Here’s how and why. AI Can Help with Tedious Tasks While combing through spreadsheets is by no means an unimportant task, it can be time consuming, … Continue reading “The Effects of AI on Accounting”
It is common knowledge that as we grow old, our bodies tend to not work as well. Some folks begin having physical challenges, some have cognitive issues and some have both. But what we don’t know is which, if any, of those challenges we will face. Worse yet, those who fall into cognitive decline often … Continue reading “Common Money Mistakes As We Age”
The Annual Berkshire Hathaway Shareholders’ Meeting is something of a legend in the investment world. More than just an informational annual meeting, shareholders come from far and wide to listen to the musings of the Oracle of Omaha, Warren Buffett, and his partner, Charlie Munger. During the 2018 meeting, both Buffett and Munger discussed their … Continue reading “Notes from the 2018 Berkshire Shareholders Meeting”
When it comes to finding new clients, businesses can do so in many ways. Whether a radio or television spot, or an advertisement on a website, social media platform or digital billboard, the goal is to reach new viewers. Another cost-effective way is to develop more customer referrals. In fact, according to The New York … Continue reading “How to Get More Customer Referrals”
Blockchain technology is raising speculation over the future of audit and assurance work and the impact it could have on accountants. Originally created to serve as the foundation for cryptocurrencies, blockchain technology has developed and been adapted into many other spaces, including smart contracts. It has the power to disrupt the audit and assurance process … Continue reading “Will Blockchain Technology Disrupt Audit and Assurance Services?”
