ThomsonReuters

AUGUST 3, 2021

As an API Solutions Consultant for Thomson Reuters, I am continuously speaking with different customers about which APIs we offer and different use cases on how to implement them. But why are APIs so important to CPAs and how does an accountant learn about APIs if they don’t have a technical background? . The article that follows is an interview with Ford Baker and Joe Abesamis from the Baco group about their API journey. .

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Technology Start-ups Accounting Firms 59

Sharp Sheets

AUGUST 4, 2021

A lot has been written about how to value startups. Most articles out there will list all the possible methodologies available to assess a startup’s valuation but they often miss 2 important things: Startup valuation methodologies are merely the start of a negotiation (1), and they don’t necessarily work for all startups (2). In this article we will explain what methods are truly used by venture capital firms and angel investors to value your startup, whether you are pre-seed or Seri

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Andrew Stolz

AUGUST 4, 2021

Many forces at work impact inflation. There are current trends that cause both inflationary and deflationary measures. Whether we’ll see inflation or deflation in the future depends on which of these forces dominate. We presented our Valuation Master Class Boot Camp students with four different scenarios and asked them to make an argument for the specific scenario we assigned them.

Start-ups 52

Start-ups Technology Marketability 52

Valutico

AUGUST 4, 2021

C&C Tendencias Interview with Valutico and Dextra. Spanish version here: tendencias_valutico_cc56_v5. As in all crises, the divergences in price between buyers and sellers are preventing a significant volume of transactions from materializing. In this market context, in which technology is also revealed as more necessary than ever, Valutico has opened an office in Spain to provide reliability and speed, allowing the preparation of high-quality and accurate valuation reports in less than a da

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Equity Technology Marketability 52

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

ThomsonReuters

AUGUST 5, 2021

On August 4, 2021, the IRS released Notice 2021-49 that provides additional guidance regarding claiming the Employee Retention Credit (ERC) for employers who pay qualified wages after June 30, 2021, and before January 1, 2022 [IR 2021-165,?Notice 2021-49]. Overview. The Employee Retention Credit is a refundable tax?credit against certain employment taxes of the qualified wages an eligible employer pays to employees?

Treasury 52

Treasury 52

Appraisal Rights

AUGUST 4, 2021

A data-rich thought piece by New Cannabis Ventures makes an interesting case for using a sum-of-the-parts analysis in valuing cannabis companies with diverse operating segments, as that helps filter out any boosted value that might be otherwise be included by a simple EBITDA analysis that inflates the overall valuation by including non-cannabis operating segments.

EBITDA 52

EBITDA Business Valuation 52

Valutico

AUGUST 4, 2021

Weekly valuations: Visa. As fintech reaches new heights, and alternatives modes of payments ranging from Square’s Cash App to Cryptocurrencies surge, we take a deeper look at a veteran of the payment industry, Visa, Inc. Up nearly 200% over 5 years and now valued at $500Bn, the California based credit card and payment technology company has traditionally been compared to MasterCard (Market cap $360Bn), but can Visa and its legacy competitor maintain leadership and grow as fast as their cha

Marketability 52

Marketability Technology 52

ThomsonReuters

AUGUST 5, 2021

It is time to point a critical lens at the tax software your firm is using and ask yourself the question: is it working for us? Your tax software is one of the strongest tools at your disposal for increasing efficiency and making life easier for your clients and your team, but is it enough? . Changing tax software can be a daunting process – but is essential for any firm looking to grow and increase the efficiency and breadth of services they can provide their clients.

Start-ups 52

Start-ups Technology 52

Quantive

AUGUST 6, 2021

High expectations from investors and customers and the ever-evolving criteria for evaluating […]

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Essentials of Corporate Finance

AUGUST 6, 2021

If you own shares of GE, you may have noticed that the share price jumped 700 percent in one day! The reason is that GE underwent a 1-for-8 reverse stock split. As a result, the stock price increased from $12.95 to about $104. CEO Larry Culp stated that the split was undertaken to be more comparable to its peers. Typically, a reverse stock split is done after poor stock performance.

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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

The Mentor Group

AUGUST 1, 2021

This headline is not intended to dissuade any committed business owner from selling. It is a warning that a deal may go sideways or crater at any point in time, even just before the cash is wired to the seller. Even anticipating the worst, the seller should still expect the best. The key is preparation, and especially to avoid the most prevalent pitfalls: Seller financials are not continually updated, inconsistent, or not easily explained.

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EBITDA Finance 40

ThomsonReuters

AUGUST 5, 2021

MMSEA Section 111 MSP Mandatory Reporting, GHP User Guide, Version 6.2 (Rev. 2021/11 June); CMS Technical Alert: Inclusion of Part D Information in Section 111 Query Only Response File for Responsible Reporting Entities (RREs) That Provide Primary Prescription Drug Information (June 28, 2021). User Guide. Technical Alert. CMS has updated its GHP User Guide and issued a technical alert on the Medicare Secondary Payer (MSP) reporting processes for prescription drug coverage, which became mandatory

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ThomsonReuters

AUGUST 5, 2021

Summer 2021 Cybersecurity Newsletter—Controlling Access to ePHI: For Whose Eyes Only? (July 14, 2021); CISA: New StopRansomware.gov website—The U.S. Government’s One-Stop Location to Stop Ransomware (July 15, 2021). Newsletter. Ransomware. OCR has released its Summer 2021 Cybersecurity Newsletter, emphasizing the importance of regulating access to PHI using the HIPAA security rule’s standards for information access management and access control.

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Compliance 52

ThomsonReuters

AUGUST 5, 2021

Guidance on “Long COVID” as a Disability Under the ADA, Section 504, and Section 1557 (July 26, 2021). Guidance. Press Release. HHS has issued guidance advising that “long COVID” can be a disability under Titles II (state and local government) and III (public accommodations) of the Americans with Disabilities Act (ADA) and Section 1557 of the Affordable Care Act.

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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

ThomsonReuters

AUGUST 3, 2021

Let’s be honest. Most accountants are not risk takers. In this profession, confidence is typically built over time and through a wide variety of experiences. When you start your own small firm, the confidence you have as a business owner may not be as strong as the confidence you have as an accountant. However, you can give yourself a boost of self-assuredness with these five keys to growing your business confidence.

Start-ups 52

Start-ups Accounting Firms Compliance Technology 52

ThomsonReuters

AUGUST 2, 2021

This blog post looks at special purpose acquisition companies (SPACs)—shell companies created for raising capital to buy an existing, privately held firm and take it public more quickly than would be possible by going the traditional initial public offering (IPO) route, and examines the SEC’s growing focus on their filings. SPACs are attractive because of the speed with which they can take a company public, and because less SEC regulation is involved as compared to a traditional IPO.

Corporate Finance 52

Corporate Finance Equity Finance Compliance 52

Essentials of Corporate Finance

AUGUST 6, 2021

In the textbook, we discussed how a loan is normally amortized, with a portion of each payment going toward the interest accrued during the period and the remainder paying down principal. A recent article highlights the dangers of negative amortization, that is when the interest paid each period is less than the interest accrued during that period. One student graduated in 2010 with $50,000 in debt.

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Essentials of Corporate Finance

AUGUST 6, 2021

The COVID-19 economic downturn affected many areas of business, including working capital management. A recent survey by the Hackett Group highlights some of the effects. For example, for the largest 1,000 publicly traded U.S. companies, the receivables period increased 1.5 days, the payables period increased 4.4 days, and the inventory period increased 4 days.

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ThomsonReuters

AUGUST 5, 2021

QUESTION: Our company is changing from an insured medical plan to a self-insured arrangement. Should we create a plan document, or should we use a document from our TPA? ANSWER: Your company, as the plan sponsor, is responsible for the content and formal adoption of the ERISA-required written plan document. You have these responsibilities whether the plan is insured or self-insured, but they are more significant with a self-insured health plan because the employer typically is financially resp

Compliance 52

Compliance 52

ThomsonReuters

AUGUST 2, 2021

On August 8, 2021, the Summer Olympics in Tokyo (Games of the XXXII Olympiad) will conclude with the closing ceremonies on Sunday evening. These games were delayed a year due to the COVID-19 pandemic. Despite the pandemic and lack of fans in the stands, I have been watching all of the athletes compete with similar excitement and joy as I did with prior Olympic games. .

Start-ups 52

Start-ups 52