Trending Articles

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IVSC Standards Review Board Ratifies New Edition of International Valuation Standards (IVS)

IVSC

The International Valuation Standards Council (IVSC) is pleased to announce that its Standards Review Board (SRB) has unanimously approved the forthcoming edition of the International Valuation Standards (IVS), set for release in January 2024. The SRB, led by Chair Susan DuRoss, comprises global experts in technical standards, including leaders of the IVSC’s Asset Standards Boards – the Business Valuation Board, Financial Instruments Board, and Tangible Assets Board.

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SEC’s SolarWinds complaint Demonstrates Regulator’s Aggressive Enforcement on Cybersecurity

Harvard Corporate Governance

Posted by Brock Dahl, Timothy Howard, and Pamela Marcogliese, Freshfields Bruckhaus Deringer LLP, on Wednesday, December 6, 2023 Editor's Note: Brock Dahl , Timothy Howard , and Pamela Marcogliese are Partners at Freshfields Bruckhaus Deringer LLP. This post is based on a Freshfields memorandum by Mr. Dahl, Mr. Howard, Ms. Marcogliese, Elizabeth Bieber , Beth George , and Mark Appleton.

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SEC Risk Factors Disclosure Analysis

Harvard Corporate Governance

Posted by Dean Kingsley, Matt Solomon, Deloitte & Touche LLP, and Kristen Jaconi (USC Marshall), on Sunday, December 3, 2023 Editor's Note: Dean Kingsley is a Principal and Matt Solomon is a Senior Manager at Deloitte & Touche LLP. Kristen Jaconi is an Associate Professor of the Practice in Accounting and Executive Director at Peter Arkley Institute for Risk Management at the USC Marshall School of Business.

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Disney PENN & ESPN Bet

Value Scope

Disney and PENN Entertainment Team Up to Launch ESPN Bet Disney PENN & ESPN Bet Penn Entertainment (Nasdaq: PENN ) has rebranded its online sportsbook with a 10-year, $2 billion licensing deal with ESPN. The new look mobile app and website launches today, November 14th, and is available in 17 states including Arizona, Colorado, Illinois, Iowa, Indiana, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, Ohio, Pennsylvania, Tennessee, Virginia, and West Virginia.

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How to Leverage Intent Data for Better Outcomes

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

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How generative AI can boost consumer marketing

Mckinsey and Company

From automating processes and powering hyperpersonalization to permanently altering the idea generation process, generative AI is poised to be a catalyst for a new age of marketing capabilities.

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How Elon Musk and Larry Page’s AI Debate Led to OpenAI and an Industry Boom

NYT M&A

The people who were most afraid of the risks of artificial intelligence decided they should be the ones to build it. Then distrust fueled a spiraling competition.

Start-ups 140

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Formula 1 in Las Vegas: The Race That Hopes You Don’t Sleep

Value Scope

Formula 1 in Las Vegas: The Race That Hopes You Don’t Sleep Brent Shockley, Director at ValueScope November 17, 2023 Formula One /1 racing returns to Las Vegas this weekend for the first time in over 40 years. The Heineken Silver Las Vegas Grand Prix 2023 is the start of a three-year contract with the city; although Formula 1 intends to support the race for at least 10 years and the entertainment and gaming hub of the U.S. intends on a “lifetime partnership” with the top class of internationa

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Apparel brands finally shift to deeper supplier relationships

Mckinsey and Company

Brands recognize the value of partnering with suppliers but have been slow to act. Our latest survey finds that brands are finally shifting to transform the apparel industry.

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How the “Wild West” of Tax Preparation Led to Massive ERC Issues

ThomsonReuters

The Employee Retention Credit (ERC) emerged as a lifeline for many companies during the COVID-19 pandemic, incentivizing them to retain their employees and navigate through the financial turmoil. However, while the ERC served as a valuable support mechanism, it has also raised concerns about abuse when it comes to accurate claims for the credit. James Creech, a senior manager with Baker Tilly’s tax advocacy and controversy team, explained that the origin of the current issues with the ERC

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Taking Personhood Seriously in Corporate Law

Harvard Corporate Governance

Posted by Asaf Raz (University of Pennsylvania), on Monday, December 4, 2023 Editor's Note: Asaf Raz is a Research Fellow at the University of Pennsylvania Carey Law School. This post is based on his article , forthcoming in the Columbia Business Law Review , and is part of the Delaware law series. The evolution of corporate law is tied to developments, or often shocks, in the broader social and legal landscape.

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Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

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Colo. Brewery Says Co-Owner Stole $1M, Forcing Ch. 11 Filing

Law 360 M&A

A Colorado brewery has sued one of its co-owners, alleging that he misappropriated more than $1 million of the company's money for personal use and his other businesses, claiming in a state court complaint that his misconduct forced the company to file for bankruptcy.

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Key Apple and Google Chip Supplier Eyes Downsizing Post Merger Deal

Benzinga

Broadcom Inc (NASDAQ: AVGO ) looks to lay off about 1,300 VMware Inc. employees in California following its acquisition of the cloud-computing firm. Broadcom closed its $69 billion acquisition of VMware on November 22 after winning regulatory approval from China. Also Read: Big Tech Prioritize Cost Control and AI, Scaling Back Workforce Despite Business Growth The chipmaker plans to eliminate 1,267.

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Preview: What would it take to scale critical climate technologies?

Mckinsey and Company

Many of the climate technologies needed to achieve deep decarbonization already exist. The challenge now is accelerating innovation and scale-up to achieve technical and commercial breakthroughs.

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HR/Payroll Solutions SVP: “Communication is Key” for a Successful Year-End 

ThomsonReuters

As the end of the calendar year approaches, businesses embark on the crucial task of finalizing their payroll processes. Year-end payroll is not merely about closing the books but a comprehensive undertaking that requires meticulous attention to detail, adherence to legal requirements, and seamless coordination among various departments.  When it comes to successfully navigating the various tasks, processes, and responsibilities of payroll year-end, Tom Rose, Senior Vice President, Customer S

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Mastering Intent Data: Understanding its Importance & Best Practices

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

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Why Have Uninsured Depositors Become De Facto Insured?

Harvard Corporate Governance

Posted by Michael Ohlrogge (NYU), on Friday, December 1, 2023 Editor's Note: Michael Ohlrogge is Associate Professor at NYU School of Law. This post is based on his recent paper. Normal 0 false false false false EN-US X-NONE X-NONE I. Introduction The recent failures of Silicon Valley Bank and First Republic have drawn attention to how rare it is for uninsured depositors at a failed bank to bear losses.

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Illinois Firm Wants Jury Trial On All Counts Over Missing $3M

Law 360 M&A

An Illinois law firm that earlier this year was found liable for the loss of a client's $3 million placed in an escrow account under the firm's control has urged a federal judge to uphold its right to a jury trial.

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Business Valuation: Working Through the Process is a Two-Way Street

BV Specialists

When you decide your company needs to be valued for whatever reason, whether you are seeking additional working capital, taking on new investors, buying out a partner, retiring, or in the middle of a personal or professional dispute, you want the end result to be supportable and reasonable. It’s important to keep in mind that the appraiser you select knows little to nothing about your business until you begin to communicate and share information.

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Future-proofing health systems for climate risks and pandemics

Mckinsey and Company

Climate change and infectious-health risks are threatening health systems across the globe. High-impact investments that address these risks concurrently could also help build resilient health systems.

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How to Write a Nonprofit Audit RFP [Plus an Audit RFP Template for Nonprofits]

Gross Mendelsohn

"Hot dog, it's time to issue an RFP for audit services!" said no nonprofit ever. If you’re like most nonprofit audit committee members and executive directors, you cringe just a little when it comes time to solicit proposals for a new audit firm. As an audit firm that responds to dozens of nonprofit requests for proposals (RFPs) every year, we’re here to offer advice (and a template!

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Recent Trends in Board Composition and Refreshment in the Russell 3000 and S&P 500

Harvard Corporate Governance

Posted by Matteo Tonello, The Conference Board, on Thursday, December 7, 2023 Editor's Note: Merel Spierings is Senior Researcher at The Conference Board ESG Center in New York. This post relates to Corporate Board Practices in the Russell 3000, S&P 500, and S&P MidCap 400: Live Dashboard , a live online dashboard published by The Conference Board and ESG data analytics firm ESGAUGE , in collaboration with Debevoise & Plimpton , the KPMG Board Leadership Center , Russell Reynolds Ass

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Comment on Another ‘Bad’ Word to Avoid! by Tom

Appraisers Blog

In reply to PJTMC. That’s the whole problem with FNMA. They act before they reason. The ERC process is far superior to anything FNMA has ever done and it eliminates all these so called concerns of equality and bias while providing a better appraisal format that is very easy to complete and read.

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Former Clerks Say Justice O'Connor Still Worth Emulating

Law 360 M&A

BigLaw attorneys mentored by former U.S. Supreme Court Justice Sandra Day O'Connor, who died Friday after a lengthy battle with dementia, say she'll be remembered as an incisive jurist who always put facts and practical considerations above abstract ideological commitments, as well as a deeply gracious and down-to-earth woman who never let her dedication to the law overshadow her zest for life.

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Capturing the full value of generative AI in banking

Mckinsey and Company

Setting up gen AI pilots is easy; scaling them to capture material value is hard. A recipe for success is emerging.

Banking 136
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Brady Lausch Earns CPA Designation at Trout CPA

Trout CPA

At Trout CPA, we take immense pride in recognizing and celebrating the achievements of our dedicated team members. Today, we are thrilled to shine the spotlight on Brady Lausch, who recently earned his Certified Public Accountant (CPA) designation.

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Attorney General Barr Could Use Some Help On Delaware Law

Harvard Corporate Governance

Posted by Hon. J. Travis Laster, Delaware Court of Chancery, on Wednesday, December 6, 2023 Editor's Note: The Honorable J. Travis Laster is Vice Chancellor at the Delaware Court of Chancery. This post is based on his article and is part of the Delaware law series ; links to other posts in the series are available here. The universe regularly provides reminders to remain humble, including reminders that having expertise in one area does not make you an expert in adjacent areas.

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2023 Year-End Guide - Tax Accounting Methods

Machen McChesney

A taxpayer’s tax accounting methods determine when income is recognized and costs are deducted for income tax purposes. Strategically adopting or changing tax accounting methods can provide opportunities to drive tax savings and increase cash flow. However, the rules covering the ability to use or change certain accounting methods are often complex, and the procedures for changing methods depend on the mechanism for receiving IRS consent — that is, whether the change is automatic or non-automati

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Justice O'Connor Shattered Barriers, Built Bridges

Law 360 M&A

A Southwestern cowgirl who will always be known as the first woman to sit on the U.S. Supreme Court, Justice Sandra Day O’Connor inspired those around her with an indomitable work ethic, a deep affection for public service and an innate ability to drive consensus among her colleagues.

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Forward Thinking on the tricky business of removing carbon from our world with Nan Ransohoff

Mckinsey and Company

A leading market maker for investment in carbon removal believes that tackling climate change has to be done quickly, but that the problem is tractable. Doom-laden thinking has gone too far.

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4 Things a Part-Time CFO Can Do for a Business Startup

Redpath

Most startups don’t need a full-time chief financial officer. However, most business founders are not accountants, and CFO-level expertise is essential to get any new venture off to a sound start and onto a path toward future growth. A part-time CFO can help your fledgling business in four essential ways –stewardship, operations, strategy, and creating long-term business value.

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2023 Climate Disclosures in the Russell 3000 and S&P 500

Harvard Corporate Governance

Posted by Matteo Tonello, The Conference Board, on Tuesday, December 5, 2023 Editor's Note: Steve Newman is a Contributing Author at The Conference Board ESG Center in New York. This post relates to a Conference Board research report authored by Mr. Newman and is based on Corporate Environmental Practices in the Russell 3000, S&P 500, and S&P MidCap 400: Live Dashboard , a live online dashboard published by The Conference Board and ESG data analytics firm ESGAUGE.

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95% of SMEs recognise strategic importance of accountants, FreeAgent finds

Accountancy Today

Almost all (95%) of UK business leaders acknowledge the importance of accountants to their organisations, According to new research from online accounting provider FreeAgent. The survey, conducted among business leaders and accounting professionals, provides an overview of the skills, expectations and perceptions surrounding the accounting profession.

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4 Decisions For Which Justice O'Connor Will Be Remembered

Law 360 M&A

Many of the hotly divided cases at the U.S. Supreme Court came down to Justice Sandra Day O’Connor, a central force on the bench whose savviness at striking compromises and taking a pragmatic approach to resolve disputes is on full display in four opinions.

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Unlocking the potential of generative AI: Three key questions for government agencies

Mckinsey and Company

Government organizations may seek to jump on the gen AI bandwagon, but the technology’s complexities could sideline their efforts. Our framework addresses some critical implementation questions.

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Q4 2023 Quarterly Economic and M&A Middle Market Update

Butcher Joseph & Co.

Jeff Buettner talks about how business and financial planning in the current economic environment is more important now than ever. The post Q4 2023 Quarterly Economic and M&A Middle Market Update appeared first on ButcherJoseph & Co.