Sat.Jul 29, 2023 - Fri.Aug 04, 2023

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Comment on Fighting for Consumer Protection & the Appraisal Industry by Dave

Appraisers Blog

supply and demand – free money is gone which provided huge appraisal fees, 6-7% money is called huge slow down and the rush is OVER. I’m sure I am not the only one who realizes this. Hope you put some of those huge profits away.

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Prudential Property Value: Our Efforts to Ensure Transparency and Consistency

IVSC

Drawing the conclusions from the global financial crisis, the Basel Committee on Banking Supervision (BCBS) published in December 2017 new requirements for the valuation of real estate for lending purposes in the context of the so-called ‘Standardised Credit Risk Assessment Approach’ (SCRA). It reads: The valuation must be appraised independently using prudently conservative valuation criteria.

Banking 246
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Trending Sources

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Do Activists Beat the Market?

Harvard Corporate Governance

Posted by Mary Ann Deignan, Rich Thomas, and Kathryn Night, Lazard, on Tuesday, August 1, 2023 Editor's Note: Mary Ann Deignan is Head of Capital Markets Advisory, and Rich Thomas and Kathryn Night are Managing Directors in the Capital Markets Advisory group at Lazard. This post is based on a Lazard memorandum by Ms. Deignan, Mr. Thomas, Ms. Night, Leah Friedman and Pavan Surabhi.

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Chelsea owners hold talks with Ares over raising funds

Financial Times M&A

Premier League club looking to upgrade stadium and emulate Manchester City model by adding to network of teams

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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 feed supplements can reduce methane emissions in agriculture

Mckinsey and Company

New products can help suppress the enzyme that combines hydrogen and CO2 to form methane. Increasing the adoption of these products could significantly reduce the industry’s footprint.

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Comment on The Nightmarish End of Home Appraisals by John Beitzel

Appraisers Blog

In reply to Dan. I am looking out my beach front hotel resort balcony at a stunningly beautiful picture perfect view of the clear blue ocean and picturesque mountains on the Island of Phuket, Thailand. My wife and I have been traveling for almost 7 months. I was still appraising in mid-2022. After 33 years appraising, I am happy to be retired and out of appraising.

More Trending

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Your Tax Obligations as an Employer

Machen McChesney

You need time and energy to run and grow your business, so you've outsourced your payroll process. You decided to go with a third-party payroll provider to handle some or all of your employment tax duties.

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Retail sector accounted for 16% of UK administrations in 2023, analysis reveals

Accountancy Today

The retail sector accounted for 16% of administrations in the first six months of 2023 – the highest industry in the UK, according to analysis by full-service law firm Shakespeare Martineau. A total of 759 businesses, 118 of which came from the retail sector, filed for administration between 1 January and 30 June 2023, marking a 22% increase compared with 2022.

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Comment on PAREA Program & Its Negative Impact on Diversity by don

Appraisers Blog

In reply to Chuck Minzenberger on Facebook. More government: means greater loss of Appraisers contracting ability. Our ability to choose our clients, rather than the People to assume who our clients is wrong. We wont be able to protect ourselves in what ever kind of R.E. we agree too. We automatically are wrong when we project a down market, we are wrong when we do an estimate of H.&;B. use, if it differs from zoning, no mater what the evidence.

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Why Do Investors Vote Against Corporate Directors?

Harvard Corporate Governance

Posted by Reena Aggarwal, Sandeep Dahiya, and Umit Yilmaz (Georgetown University) , on Thursday, August 3, 2023 Editor's Note: Reena Aggarwal is the Robert E. McDonough Professor of Finance and Director, Georgetown Center for Financial Markets and Policy, Sandeep Dahiya is the Akkaway Professor of Entrepreneurship, and Umit Yilmaz is a Postdoctoral Fellow at Georgetown University.This post is based on their recent paper.

Finance 189
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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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NFL star Tom Brady takes stake in Birmingham City football club

Financial Times M&A

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

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Author Talks: Empower employees, reduce turnover

Mckinsey and Company

Zeynep Ton, president of the Good Jobs Institute, highlights an operating model that improves customer and employee retention, fosters resilience, and drives purpose.

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Comment on AMC Engagement Letter: Appraisers Do Not Include Your Invoice by Baggins

Appraisers Blog

In reply to Spencer Paul. Pepsi challenge; Name one single amc who is transparent with their billing, and bills for the amc management service separately from the appraiser. Myself and about forty thousand other currently licensed appraisers would jump right back into amc work if that was the case. Our absence proves there is no such thing as a transparent amc when it comes to ethical, fair, and transparent billing processes.

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ESG Mid-Year Review: Key Trends in 2023 Thus Far

Harvard Corporate Governance

Posted by Marc S. Gerber, Greg Norman, and Simon Toms, Skadden, Arps, Slate, Meagher & Flom LLP, on Monday, July 31, 2023 Editor's Note: Marc S. Gerber , Greg Norman , and Simon Toms are Partners at Skadden, Arps, Slate, Meagher & Flom LLP. This post is based on a Skadden memorandum by Mr. Gerber, Mr. Norman, Mr. Toms, Boris Bershteyn , Tansy Woan and Kathryn Gamble.

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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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Chinese deal activity in US slumps to lowest level in 17 years

Financial Times M&A

Geopolitical tensions and national security issues curb enthusiasm for merger and acquisition investments

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Accounting firm specialization: Unleashing the power of focused expertise

ThomsonReuters

In the rapidly evolving landscape of the tax and accounting industry, specialization has emerged as a solid differentiator, providing firms with a distinct competitive edge. As clients’ needs become more diverse and complex, offering cookie-cutter services is no longer sufficient. Instead, firms are embracing specialization to tailor their expertise and solutions to match the unique requirements of their target clients. 1.

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Comment on Appraiser Countersuing Black Homeowners for Defamation by Pat Turner

Appraisers Blog

The Maryland appraiser has filed a motion to dismiss and a countersuit against the black homeowners, claiming defamation.

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?ESG Mid-Year Review: Expectations for the Remainder of 2023

Harvard Corporate Governance

Posted by Marc S. Gerber, Greg Norman, and Simon Toms, Skadden, Arps, Slate, Meagher & Flom LLP, on Wednesday, August 2, 2023 Editor's Note: Marc S. Gerber , Greg Norman , and Simon Toms are Partners at Skadden, Arps, Slate, Meagher & Flom LLP. This post is based on a Skadden memorandum by Mr. Gerber, Mr. Norman, Mr. Toms, Boris Bershteyn , Tansy Woan and Kathryn Gamble.

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Role of a CFO in a Startup

Redpath

If growth is the goal of your startup, engaging an expert in finance early on is critical. By bringing a fractional CFO on board from the beginning, you provide them with a clean slate to implement effective financial processes which will become prudent when time for reporting and analysis. This not only prevents the need for later intervention by a financial management expert to modify or correct inadequate or improper accounting practices, but it also significantly increases your chances of lo

Finance 98
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$40M Cannabis Redevelopment Site In Pontiac Michigan Ends In Massive Federal Lawsuit

Benzinga

A huge cannabis development site is up for sale as Pontiac and the property's developer battle it out in federal court. The bitter litigation marks the likely end to a $40 million development plan that sought to turn an abandoned Kmart into a site for cannabis and other retail businesses. In addition to the legal kerfuffle, allegations of bribery by the city's current administration against previous officials, including a former mayor have seeped out.

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Enabling renewable energy with battery energy storage systems

Mckinsey and Company

The market for battery energy storage systems is growing rapidly. Here are the key questions for those who want to lead the way.

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Supplemental Disclosures to Be “Plainly Material” to Justify Mootness Fee Awards

Harvard Corporate Governance

Posted by Andre G. Bouchard, Geoffrey R. Chepiga, and Jaren Janghorbani, Paul, Weiss, Rifkind, Wharton & Garrison LLP, on Tuesday, August 1, 2023 Editor's Note: Andre G. Bouchard , Geoffrey R. Chepiga , and Jaren Janghorbani are Partners at Paul, Weiss, Rifkind, Wharton & Garrison LLP. This post is based on a Paul Weiss memorandum by Mr. Bouchard, Mr.

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Selecting a Qualified Auditor for Your Employee Benefit Plan

Machen McChesney

Does your organization offer health care and retirement benefits for its employees? Benefit plans with 100 or more participants are generally required to have their annual reports audited under the Employee Retirement Income Security Act of 1974 (ERISA). Here’s some guidance to help plan administrators fulfill their fiduciary responsibilities for hiring independent qualified public accountants to perform audits.

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KKR in talks to buy publisher Simon & Schuster for more than $1.6bn

Financial Times M&A

Paramount has been shopping the company since regulators blocked proposed deal with Penguin Random House

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What is the gig economy?

Mckinsey and Company

The gig economy refers to the workforce of people engaged in freelance and side-hustle work.

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The Financial and Economic Dangers of Democratic Backsliding

Harvard Corporate Governance

Posted by Layna Mosley (Princeton University), on Monday, July 31, 2023 Editor's Note: Layna Mosley is Professor of Politics and International Affairs at Princeton University. This post is based on her report. The last decade has witnessed the erosion of democratic institutions and practices in a wide range of countries, including established democracies, newer democracies, and countries thought to be on the path from autocracy to democracy.

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3 first steps to changing a company culture

JPAbusiness

We’ve enjoyed insights from some great business experts since starting our ebook and blogging journey a decade ago. One of those experts is international executive coach and leadership trainer Kevin Catlin , and it was a delight to welcome him back this year to help launch our new podcast , Let’s Talk Business with James Price. One of Kevin’s areas of expertise is understanding and developing a positive business culture.

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Comment on The Nightmarish End of Home Appraisals by Fitz Turner

Appraisers Blog

On a very basic level, I was driving my wife and in-laws, a retired high school teacher and two college professors, around some neighborhoods and mentioned that I have recently received instructions that I may no longer refer to Master Bedroom or Master Bath, as they are racist. One suggested we use most desirable bedroom, I said I may not use desirable, it is racist.

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Are middle managers your next ace in the hole?

Mckinsey and Company

Middle managers: they’re beleaguered. Maligned. Miscast. But new research reveals the clear competitive advantage the best middle managers bring—and the vital role they stand to play in the future of work.

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How Directors Can Optimize Shareholder Engagement in 2023

Harvard Corporate Governance

Posted by Kris Pederson, EY, on Wednesday, August 2, 2023 Editor's Note: Kris Pederson is Leader at the EY Americas Center for Board Matters. This post is based on her NACD piece. In today’s proxy landscape, investor engagement is increasingly key to understanding and addressing shareholder voting outcomes and potential areas of vulnerability that activists could exploit.

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Top 10 tips for successful accounting firm recruitment

ThomsonReuters

It takes a combination of insight and determination to recruit the right talent for your accounting firm. Recently, respondents to the 2023 State of the Tax Professionals Report shared their top ten tips for a successful accounting firm recruitment strategy. If you also want to ensure that your firm is staffed with the most capable and experienced professionals, here are some priorities to keep in mind. 1.

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GAM urges shareholders to accept Liontrust takeover as outflows rise

Financial Times M&A

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

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Indian banks: Building resilient leadership

Mckinsey and Company

Indian banks have shown strength in the recent global banking turmoil. However, times remain uncertain—banks could develop multi-dimensional resilience capabilities to thrive in the future.

Banking 98
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Weekly Roundup: July 28-August 3, 2023

Harvard Corporate Governance

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, August 4, 2023 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of July 28-August 3, 2023. Board Diversity Census on Fortune 500 Boards Posted by Carey Oven, Caroline Schoenecker, (Deloitte & Touche LLP) and Cid Wilson (Hispanic Association on Corporate Responsibility) , on Friday, July 28, 2023 Tags: Board composition , board diversity , Board of Directors , dei ,