Harvard Corporate Governance

JUNE 11, 2023

Posted by Carey Oven and Bob Lamm, Deloitte & Touche LLP, on Sunday, June 11, 2023 Editor's Note: Carey Oven is National Managing Partner and Bob Lamm is Independent Senior Advisor at the Center for Board Effectiveness, Deloitte & Touche LLP. This post is based on their Deloitte memorandum. Deloitte’s Chief Executive Program has engaged in a series of dialogues with current CEOs as well as those who are (or were) considered for CEO roles.

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ThomsonReuters

JUNE 16, 2023

Many of today’s accounting professionals have a new perspective on when and how they want to work. Are firms heeding the call? The onset of the COVID-19 pandemic forced countless businesses, including accounting firms, to go remote essentially overnight due to mandated shutdowns and stay-at-home orders. Now with the public health emergency officially over , the shift to more remote work has become the new normal.

Accounting Firms 111

Accounting Firms Finance Technology Marketability 111

Mckinsey and Company

JUNE 13, 2023

Generative AI is poised to unleash the next wave of productivity. We take a first look at where business value could accrue and the potential impacts on the workforce.

112

112

Benchmark Report

JUNE 15, 2023

Benchmark International is pleased to announce Vogl Venture's acquisition of eLogger. eLogger is an innovative software developer focused on providing electronic logbook solutions for electric utilities, water utilities, oil & gas companies, and other industrial operations. Founder Ron Vogl has decades of experience wearing many hats in his industry.

Business Enterprise 98

Business Enterprise 98

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.

Marketability

Harvard Corporate Governance

JUNE 14, 2023

Posted by Marco Becht (Solvay Brussels School of Economics and Management), Anete Pajuste (Boston University), and Anna Toniolo (Harvard University), on Wednesday, June 14, 2023 Editor's Note: Marco Becht is a Professor of Finance at Solvay Brussels School of Economics and Management; Anete Pajuste is a Professor of Finance at Stockholm School of Economics (Riga), and Visiting Lecturer at Questrom School of Business, Boston University; and Anna Toniolo is Postdoctoral Fellow at the Program on Co

Finance 251

Finance 251

ThomsonReuters

JUNE 16, 2023

Artificial intelligence (AI) has proven that it is a far cry from just a buzzword. Over the years, AI in accounting has increasingly gained traction and, going forward, it will continue to transform the tax and accounting profession. Is your firm ready? Like many industries, the accounting profession is exploring how AI can improve efficiencies and help strained firms better serve clients.

Technology 110

Technology Start-ups Compliance 110

Law 360 M&A

JUNE 12, 2023

The Federal Trade Commission on Monday expanded its challenge to Microsoft's planned purchase of Activision Blizzard by asking a California federal court to block the merger while an in-house case plays out.

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98

Harvard Corporate Governance

JUNE 10, 2023

Posted by Amy L. Simmerman, David J. Berger, and Ryan J. Greecher, Wilson Sonsini Goodrich & Rosati, on Saturday, June 10, 2023 Editor's Note: Amy L. Simmerman , David J. Berger , and Ryan J. Greecher are Partners at Wilson Sonsini Goodrich & Rosati. This post is based on a WSGR memorandum by Ms. Simmerman, Mr. Berger, Mr. Greecher, James G.

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226

ThomsonReuters

JUNE 16, 2023

Is your firm running its gears on outdated accounting technology? That is a question many accounting firms should consider as they look to remain competitive, better serve clients, and expand bandwidth in today’s challenging environment. Advancements in technology continue to have a significant impact on how accounting professionals work and serve their clients.

Technology 98

Technology Start-ups Accounting Firms Compliance 98

Rhythm Systems

JUNE 13, 2023

As we’ve witnessed over the past year, the economy can shift rapidly and unexpectedly. In these times of economic uncertainty, many businesses struggle to stay afloat or successfully pivot to meet the market's demands. However, some organizations are able to weather the storm with relative ease. The key to success in the face of economic instability is having a solid business strategy.

Marketability 98

Marketability 98

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

Corporate Finance

Appraisers Blog

JUNE 14, 2023

I typically respect or concur with Dave on most topics. Not this one. I still respect him but strongly disagree with his arguments. I also took the survey which was restrictively worded. One of two answers. Absolutes. The key is “market significant” or “demonstrably market recognized.” It has nothing to do with price a builder seeks to charge.

Appraisal 98

Appraisal Marketability 98

Harvard Corporate Governance

JUNE 14, 2023

Posted by Elizabeth P. Gray, A. Kristina Littman, and Adam Aderton, Willkie Farr & Gallagher LLP, on Wednesday, June 14, 2023 Editor's Note: Elizabeth P. Gray , A. Kristina Littman , and Adam Aderton are Partners at Willkie Farr & Gallagher LLP. This post is based on a Willkie memorandum by Ms. Gray, Ms. Littman, Mr. Aderton, Leigh Coutoumanos and Erik Holmvik.

Marketability 218

Marketability 218

ThomsonReuters

JUNE 16, 2023

The accounting profession is in the midst of a transformation, and firms must ensure they are upskilling their accountants to remain competitive and keep pace. While the profession is no stranger to change, the COVID-19 pandemic shifted that change into higher gear, driving home the need to meet rising client demands and shifts in employee wants and expectations.

Data Analysis 98

Data Analysis Technology Accounting Firms Firm Value 98

Lighter Capital

JUNE 12, 2023

A good credit score provides more than just access to financial products. It touches every part of our daily lives. More than half of employers and more than a three-quarter of landlords check credit. Without a good credit score, everything costs more, from loans, to insurance to qualifying for a mortgage to buy property. Building credit is a catch 22 , access to financial products is required to build credit history but it is hard to get started without a good credit already. 11 Million Canadia

Private Equity Firm 98

Private Equity Firm Banking Finance Equity 98

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.

Marketability

Rhythm Systems

JUNE 14, 2023

When it comes to selecting the right software for your company's performance management and goal-setting needs, the choice between Rhythm Systems and Align Today is an important one. While both platforms offer valuable features, I'll share why Rhythm Systems is the superior choice for many organizations. We will explore three key factors that set Rhythm apart from Align: customization, training and support, and integrations.

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97

Harvard Corporate Governance

JUNE 15, 2023

Posted by James C. Woolery, Woolery & Co., on Thursday, June 15, 2023 Editor's Note: James C. Woolery is a Partner and founder at Woolery & Co. This post is based on his Woolery piece. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A.

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ThomsonReuters

JUNE 15, 2023

QUESTION: As required, our group health plan has extended the length of HIPAA special enrollment periods due to the COVID-19 emergency. When do the extended special enrollment periods end? ANSWER: In response to the COVID-19 emergency, the DOL and IRS extended HIPAA special enrollment period deadlines by requiring plans to disregard (for a maximum of one year) the COVID-19 “outbreak period,” which began March 1, 2020, and is set to end on July 10, 2023.

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98

Appraisers Blog

JUNE 16, 2023

In reply to Baggins. Baggs, Almost the entirety of my thinking these days is colored by the many appraisal complaints I read from states all over America. While I think of FNMA as an actual criminal organization that simply hasn’t been caught yet (or should I say recently, again?) they do influence a lot of lenders and appraisers. Often incorrectly.

Appraisal 98

Appraisal 98

Mckinsey and Company

JUNE 14, 2023

Digital transformation is the rewiring of an organization, with the goal of creating value by continuously deploying tech at scale.

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114

Harvard Corporate Governance

JUNE 15, 2023

Posted by Eric A. Posner (University of Chicago), on Thursday, June 15, 2023 Editor's Note: Eric A. Posner is the Kirkland and Ellis Distinguished Service Professor of Law at the University of Chicago. This post is based on his recent paper. Section 7 of the Clayton Act prohibits mergers and acquisitions where “the effect may be substantially to lessen competition, or to tend to create a monopoly.

Marketability 189

Marketability 189

ThomsonReuters

JUNE 15, 2023

Braidwood v. Becerra, 2023 WL 2703229 (N.D. Tex. 2023) (Docket: Unpublished Order (5th Cir. June 13, 2023)) A federal appellate court has paused a portion of the trial court’s ruling in Braidwood v. Becerra while the ruling is appealed, following an agreement by the parties. At issue is the constitutionality of the Affordable Care Act’s preventive health services mandate—specifically, coverage requirements triggered by recommendations of the United States Preventive Services Task Force (USPSTF

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98

Appraisers Blog

JUNE 15, 2023

In reply to David. I look at 5 properties on a Monday and write them on a Tuesday. Same style and still make long the same base fees I was during the pandemic. Around here that has been very hard to do.

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98

Benzinga

JUNE 12, 2023

NaaS Technology Inc (NASDAQ: NAAS ) said subsidiary Dada Auto has entered into a definitive agreement to acquire 89.999% of the issued and outstanding shares of Sinopower Holdings International Co Limited for an aggregate purchase price of $6.1 million. Sinopower is. Full story available on Benzinga.

Technology 93

Technology Equity Marketability 93

Harvard Corporate Governance

JUNE 16, 2023

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, June 16, 2023 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of June 9-15, 2023. Embracing Environmental Justice Initiatives to Advance Corporate Objectives Posted by Tatjana Vujic, Arie T. Feltman-Frank, and Daniel L. Robertson, Jenner & Block LLP, on Friday, June 9, 2023 Tags: Corporate culture , Disclosure , Environmental disclosure , environmental justice , in

Treasury 185

Treasury Marketability 185

ThomsonReuters

JUNE 16, 2023

Many of today’s tax and accounting practices are struggling with strained firm capabilities. Is your firm among them? Rising client expectations , an ever-changing regulatory environment , and the ongoing war on talent have left many of today’s firms grappling with strained bandwidth. In fact, a 2022 survey by the Virginia Society of CPAs (VSCPA) found that the greatest challenges facing firms are being overworked and understaffed.

Accounting Firms 98

Accounting Firms Technology Marketability 98

Appraisers Blog

JUNE 15, 2023

In reply to WAD. ‘If an appraiser were to do that, it results in double dipping the adjustments if any other adjustments are made in the grid.’ The whole enchilada, from extracted regression tools. What about the extra features? Quite right. The alternative is a classical simple mathematical approach. Distributed allotment. Each component a piece of the pie, no more than 100% should be applied.

Comps 98

Comps Appraisal 98

Rhythm Systems

JUNE 12, 2023

When you consider email, collaboration tools, project management apps, online meeting tools, file storage, and productivity tools like spreadsheets and word processing apps, it’s easy to build a long list of technology tools modern workers need, and that’s before we even get into any departmental or industry-specific apps.

Technology 93

Technology 93

Harvard Corporate Governance

JUNE 16, 2023

Posted by Sally Wagner Partin, Sharon Flanagan, and Hannah M. Brown, Sidley Austin LLP, on Friday, June 16, 2023 Editor's Note: Sally Wagner Partin and Sharon R. Flanagan are Partners and Hannah M. Brown is an Associate at Sidley Austin LLP. This post is based on their Sidley Austin memorandum. Related research from the Program on Corporate Governance includes Are M&A Contract Clauses Value Relevant to Target and Bidder Shareholders?

Equity 153

Equity Marketability 153

ThomsonReuters

JUNE 15, 2023

CMS Insurance Standards Bulletin Series—Information (June 7, 2023) Available at [link] HHS’s Centers for Medicare & Medicaid Services (CMS) has issued guidance addressing legislative provisions that eliminated the ability of self-insured non-federal governmental health plans to opt out of complying with the Mental Health Parity and Addiction Equity Act (MHPAEA).

Equity 96

Equity 96

Appraisers Blog

JUNE 16, 2023

Brianne, You seem to be doing everything right if your main source of information is other real estate agents and maybe buyer feedback. That said tell us all how you quantify that to a $/sf adjustment or a site adjustment, etc. My point being these two things (qualitative/quantitative) do not have to be mutually exclusive but one requires a little of the other in the reconciliation.

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98

NYT M&A

JUNE 16, 2023

The Brooklyn-based ice cream chain boomed with the help of Oprah and Disney, then went bust. But the couple behind it are opening new shops and thinking small.

Mergers & Acquisitions 98

Mergers & Acquisitions 98

Mckinsey and Company

JUNE 15, 2023

A new McKinsey report looks at four scenarios for inflation, interest rates, and growth over the next decade. Three of the economic outcomes portend stagnation and stagflation—but one offers hope.

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87

ThomsonReuters

JUNE 15, 2023

Increased focus on ESG There are a number of issues and challenges around ESG that tax and accounting firms need to consider. Here is a brief summary of the top five: 1. How is the growing focus on ESG affecting the audit profession? Auditors are having to expand the scope of their work as ESG is increasingly under the scrutiny of stakeholders and investors.

Compliance 96

Compliance Technology Accounting Firms 96

Appraisers Blog

JUNE 11, 2023

In reply to Pat Turner. Thank you Pat. Happy to see that someone is willing to step forward and do what should have been done years ago. I no longer appraise property but I am willing to assist with the effort. Truly wise counsel will quickly realize that there is so much money to be made from one or more class actions that they don’t require money upfront.

Appraisal 98

Appraisal 98