Thu.Jan 20, 2022

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Want to drive inclusive economic growth? Start with manufacturing

Mckinsey and Company

The decline of the US manufacturing industry has contributed to rising inequality and hurt the country’s global competitiveness—a revitalization could contribute to sustainable and inclusive growth.

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Supply Chain Issues Are Fueling M&A Transactions

Benchmark Report

The COVID-19 pandemic disrupted normalcy in several aspects of the world as we knew it, and one of the things hit especially hard has been the global supply chain. These supply chain problems have impacted nearly every industry and business, both large and small. Because of so much continued uncertainty in supply chains—uncertainty that is expected to last for years—business owners and executive leaders are reassessing operations and seeking paths to gain more control.

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How to prepare for a sustainable future along the value chain

Mckinsey and Company

Consumer-goods companies are setting ambitious sustainability targets for themselves. To reach those targets, however, changes are required along the entire value chain—with a concrete road map.

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DOL Issues 2022 Adjusted Penalty Amounts

ThomsonReuters

Department of Labor Federal Civil Penalties Inflation Adjustment Act Annual Adjustments for 2022, 87 Fed. Reg. 2328 (Jan. 14, 2022). Available at [link]. The DOL has announced the 2022 annual adjustments to the civil monetary penalties for a wide range of benefit-related violations. As background, legislation enacted in 2015 requires annual adjustments to certain penalty amounts by January 15 of each year (see our Checkpoint article ).

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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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Nurses and the great attrition

Mckinsey and Company

A recent McKinsey survey found that more than 30 percent of nurses are thinking of leaving direct patient care. What can be done to inspire them to stay?

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Top investor castigates Unilever after failed £50bn bid for GSK arm

The Guardian M&A

Terry Smith says bosses must focus on improving core business or step down after ‘near-death experience’ A leading Unilever shareholder has called the company’s failed £50bn offer for GSK’s consumer healthcare division a “near-death experience” and said management should focus on improving its core business – or step down. Terry Smith, the founder of Fundsmith, lambasted Unilever in a “postmortem” letter to investors in his £29bn asset management business.

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More Trending

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Establishing Rates for Government Contracts

Gross Mendelsohn

If you’re a government contractor and a potential client asked you to fill a position, could you give them a rough price on the spot? What would you charge for that position? What if a fellow contractor who wants to team with you on a proposal asked, “What is your wrap rate?”. Just like building a house, laying the foundation may seem like a simple part of the overall construction process, but it’s the most important part of the entire project and in government contracting, it starts with the ch

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Solving the paradox of growth and profitability in e-commerce

Mckinsey and Company

Global omnichannel players that crack the code will be well positioned for the years ahead. Four imperatives can support their journey.

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Can Management’s Commitment Return Sumitomo’s Stock to Previous Heights?

Andrew Stolz

Highlights: Gearing up in M&A activity to drive top-line growth. Growing CAPEX lays foundation for organic growth. Management focus on ROIC should enhance returns. Download the full report as a PDF. Sumitomo’s revenue breakdown 2021. Price still bearish; volume unclear. Overall, the stock price has performed poorly over the past 6 months, down 26%.

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Accounting Practice Exit and Succession Planning – A Missed Opportunity?

Gergory Caruso

Most accountants and related professional practices fail to plan for their business or practice succession or business exit. This is a tremendous missed opportunity! Fortunately for them most accounting practices perform bookkeeping, audit and/or tax work which is reoccurring and therefore has value. But, perhaps they do not get the price and terms they would like, fair treatment of your employees as you transition, and other factors that can be obtained – with planning and focus.

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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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5 Mistakes Your Clients Might be Making—and How to Correct Them

Biz Equity

Providing comprehensive financial advice to small business owners can be as emotional as it is practical—after all, their business is their most valuable asset. It’s where they spend most of their time, both physically and mentally. It’s likely a dream they’ve built from the ground up.

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Increased deal activity by the European Investment Bank as the Horizon 2020 program phases out

Fox Corporate Finance

The program has become an important pillar in the European venture financing landscape to promote R&D projects of fast-growing companies from sectors such as ICT, deep tech, and life sciences. Starting in 2015, the EIB has supported. Read more. The post Increased deal activity by the European Investment Bank as the Horizon 2020 program phases out appeared first on FCF Fox Corporate Finance GmbH.

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Corporate Tax Professionals Prepare for a Successful 2022

ThomsonReuters

Corporate tax departments get set to take on the new year, and a key challenge is maintaining stability in an environment of continual change and uncertainty. A new Thomson Reuters Checkpoint webinar, titled Practical Year-End Considerations for the Tax Department , addresses: Quick wins will enable tax departments to begin 2022 with momentum and goodwill from stakeholders.

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Exit readiness part two: starting with the end in sight

Vested

Having considered triggers and drivers for your exit in Part One of my exit series, you might now be thinking about how to formulate your plan? Where do you start ?

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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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May Health Plan Business Associates Disclose PHI Directly to Other Business Associates of the Same Plan?

ThomsonReuters

QUESTION: We are a TPA that administers claims for many self-insured group health plans. We have a business associate contract with each plan. Sometimes, a plan instructs us to send claims information, which includes protected health information (PHI), to another business associate of the plan, such as a claims auditor or a medical reviewer. Can we do this if we do not have a contractual relationship with the other business associate?

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Maryland Extends Deadline for Individual Income State Tax Returns to July 15, 2022

Gross Mendelsohn

Yesterday, Maryland announced that the deadline for individual income state tax filings and payments will be extended from April 18, 2022 to July 15, 2022.

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CMS Guidance Addresses External Review of Claims Involving Surprise Billing Matters

ThomsonReuters

CMS Memorandum: Guidance for States, Plans, and Issuers on State External Review Processes Regarding Requirements in the No Surprises Act (Dec. 30, 2021). Available at [link]. CMS has issued a memorandum providing guidance for group health plans, insurers, and states regarding external review requirements under the No Surprises Act, enacted as part of the Consolidated Appropriations Act, 2021 (CAA) (see our Checkpoint article ).

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Time for Unilever boss to concede lack of appetite for a big tilt | Nils Pratley

The Guardian M&A

Shake-up will have to be gradual, and deal-making on a smaller scale needn’t be off the table It’s one thing for Terry Smith to take a swipe (slightly unfairly) at Unilever management’s love of seeing purpose in mayonnaise, which was last week’s entertainment. The latest missile from Mauritius, which is where Smith resides while picking the stocks for his £29bn Fundsmith fund, is more serious and better-aimed.

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HHS Announces Adjusted Annual Limitation on Cost-Sharing for 2023 Benefit Year

ThomsonReuters

Premium Adjustment Percentage, Maximum Annual Limitation on Cost Sharing, Reduced Maximum Annual Limitation on Cost Sharing, and Required Contribution Percentage for the 2023 Benefit Year (Dec. 28, 2021). Available at [link]. HHS has announced the maximum annual limitations on cost-sharing for the 2023 benefit year for non-grandfathered group health plans under the Affordable Care Act (ACA).

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Cooley’s 2021 Tech M&A Year in Review

Cooley M&A

General trends in tech M&A. Hello, (virtual) world once again! Despite everyone’s efforts in 2021, including the rollout of vaccines and varying rounds of lockdowns and work-from-home mandates, a true “return to normal” for M&A dealmakers was foiled anew by COVID-19 and its variants. Undeterred by the pandemic, high target valuations, intense competition for attractive assets and regulatory uncertainty, the deal world again proved that robust activity is possible with distributed workfor

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Regulators probe private funds’ ESG policies

Private Funds CFO

Document requests suggests SEC sees climate, ethical risks essential to fiduciary duty.

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HHS 2023 Proposed Payment Parameters Would Prohibit Discrimination Based on Sexual Orientation and Gender Identity

ThomsonReuters

PPACA; HHS Notice of Benefit and Payment Parameters for 2023; Proposed Rule, 45 CFR Parts 144, 147, 153, 155, 156, and 158, 87 Fed Reg. 584 (Jan. 5, 2022). Proposed Rule. Fact Sheet. HHS has proposed regulations that would amend and refine several benefit payment parameters and other Affordable Care Act (ACA) insurance market and Exchange related rules for 2023.

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Data: LPs’ ESG wants vs needs; update to directory

Private Funds CFO

Survey: Most LPs don’t ask for or can’t get ESG data they need; update to tech-based service providers directory.

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Cooley’s 2021 Life Sciences M&A Year in Review

Cooley M&A

General trends in life sciences M&A. Although the COVID-19 pandemic that defined 2020 continued to shape much of the life sciences industry in 2021, the way that it did was markedly different. While 2020’s M&A landscape was characterized by whiplash volatility from choppy deal activity in the first half of the year to a surge in volume in the second half, that momentum accelerated in 2021, with no signs of slowing down heading into 2022.

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Tips on ESG compliance

Private Funds CFO

Regulators probe private funds’ ESG policies.