ThomsonReuters

NOVEMBER 8, 2022

In this edition, we take a look at the new 1099 filing platform, WARN laws, and annual cost-of-living adjustments to key figures. Please note that access to the resources below requires a Checkpoint subscription except as otherwise stated. Checkpoint Edge resources: New 1099 Filing Portal Slated to Launch January 9.

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Audit Board

DECEMBER 7, 2022

Would it surprise you that the IPPF does not require an annual audit plan? Actually, the words “annual” or “annually” appear only twice in the Standards — once related to confirmation of independence ( 1110 ) and once regarding a documented risk assessment ( 2010 ). What Does the IPPF Say About Audit Plans? .

Technology 52

Technology 52

Benzinga

FEBRUARY 12, 2024

Diamondback Energy Inc (NASDAQ: FANG ) disclosed a definitive merger deal with Endeavor Energy Resources, L.P. Diamondback Energy plans to fund the cash portion of the consideration through a combination of cash in hand, borrowings under its credit facility, and proceeds from term loans and senior notes offerings.

Net Debt 52

Net Debt Equity 52

Scott Mashuda

JUNE 15, 2023

Access to New Markets M&A can grant access to new customers, suppliers, partners, and other critical resources that might not have been otherwise possible in a short period of time. A way to help better plan the transition of your business is through annual exit conversations.

Marketability 75

Marketability 75

Audit Board

JANUARY 17, 2023

Read on to learn more about better aligning your risk assessment and audit planning efforts with the business’s priorities. How Do You Create a Collaborative, Risk-Based Audit Plan? Your audits will be impactful if your risk assessment process brings in multiple perspectives to create a more comprehensive audit plan.

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Scott Mashuda

DECEMBER 12, 2022

Annual exit conversations are a way for business owners to prepare for the inevitable conclusion of their entrepreneurial efforts. . Annual Exit Conversations Prioritize Success. Planning ensures that when you do decide to transfer ownership, your business is ready, too. . Current state of the business. Role of key personnel .

Start-ups 92

Start-ups Business Valuation Marketability 92

Audit Board

APRIL 13, 2023

Key capabilities recently released by AuditBoard include: Automated Audit Planning: Satisfies The Institute of Internal Auditors (IIA) Standards in producing risk-based audit plans, providing increased planning agility and time savings.

B2B 52

B2B Compliance Marketability 52

Audit Board

DECEMBER 1, 2022

LOS ANGELES, CA - December 1, 2022 – AuditBoard , the leading cloud-based platform transforming audit, risk, and compliance management, today announced the release of its 2023 Focus on the Future report based on an annual survey of internal audit leaders across North America.

Technology 52

Technology Compliance 52

ThomsonReuters

OCTOBER 20, 2022

QUESTION: When participants request hardship distributions under our 401(k) plan, we collect and store documents showing that the participant had one of the immediate and heavy financial needs that are deemed sufficient to permit a hardship distribution. Could we instead allow participants to certify their needs electronically?

Compliance 105

Compliance 105

Audit Board

OCTOBER 19, 2023

The announcement took place at AuditBoard’s annual Audit & Beyond conference, a hybrid in-person and online gathering of thousands being held in San Diego, California through October 20. This expansion comes as the volume and complexity of risks, as well as the cost of associated regulatory compliance, continue to rise.

Compliance 111

Compliance Technology 111

Viking Mergers

FEBRUARY 20, 2023

Retirement Plan Tax Credits Percentage: 50% of startup expenses, or up to $5,000. Eligibility: Fewer than 100 employees, who are paid more than $5,000 annually. Bureau of Labor Statistics, only 53% of businesses with fewer than 100 employees sponsor an employee retirement plan. According to a study conducted by the U.S.

Technology 130

Technology Treasury 130

Harvard Corporate Governance

SEPTEMBER 17, 2023

The CSRD, however, goes far beyond the SEC’s proposed rules, since, in addition to reporting on climate-related risks, companies are asked to report on (among other things) water and marine resources-related risks, biodiversity and ecosystems-related risks and risks in relation to workers in the value chain, all on a “double materiality” basis.

Marketability 243

Marketability 243

Audit Board

NOVEMBER 16, 2023

LOS ANGELES, CA — November 16, 2023 — AuditBoard, the leading cloud-based platform transforming audit, risk, IT compliance, and ESG management, today announced the release of its 2024 Focus on the Future report based on an annual survey of risk management and internal audit leaders across North America.

Technology 52

Technology Compliance 52

Audit Board

NOVEMBER 16, 2023

This unprecedented risk landscape is extraordinarily challenging for internal audit, requiring strategic planning and decisive, transformative action. Unfortunately, the 2023 and 2024 Focus on the Future surveys signaled gaps between planned audit efforts and key top-ranked risks.

Technology 52

Technology Compliance 52

ThomsonReuters

FEBRUARY 10, 2022

The DOL, HHS, and IRS have issued a pointed report to Congress on the pervasive failure by group health plans to comply with the Mental Health Parity and Addiction Equity Act (MHPAEA). The DOL also separately released its 2021 MHPAEA Enforcement Fact Sheet (see our Checkpoint article ).

Compliance 98

Compliance Equity 98

Lighter Capital

NOVEMBER 15, 2023

Hot on the tail of our Third Annual U.S. Summit , we are thrilled to share the highlights of our second annual Australian Summit in Melbourne, Victoria hosted by Macquarie Bank. The government has allocated resources to venture capital and equity-attraction funds and collaborates with industry partners to enhance funding options.

Banking 59

Banking Finance Marketability Equity 59

Appraiser Newsroom

MAY 14, 2024

Join us online this summer as our industry experts dive into the intricacies of employee stock ownership plans (ESOP) and how they affect experts in or adjacent to the appraisal profession. Jade is also experienced in valuing operating and asset holding companies for gift and estate reporting and corporate planning purposes.

Intangible Assets 52

Intangible Assets Appraisal Banking Equity 52

ThomsonReuters

APRIL 25, 2024

Pre-tax contributions to a 401(k) effectively lower your taxable income by an equivalent amount, resulting in a current year reduction of your annual income tax liability. However, they may be subject to taxation upon withdrawal by the employee, depending on the type of 401(k) plan. Are 401(k) contributions tax deductible?

Compliance 52

Compliance 52

Scott Mashuda

DECEMBER 12, 2022

Annual exit conversations are a way for business owners to prepare for the inevitable conclusion of their entrepreneurial efforts. Annual Exit Conversations Prioritize Success For some, succession and retirement can cause hand-wrenching anxiety. Unfortunately, many of these same business owners are not prepared for a sale.

Start-ups 52

Start-ups Business Valuation Marketability 52

Benzinga

APRIL 11, 2024

This transaction accelerates our path to a multi-asset Mongolia-focused mining group and, importantly, immediately provides strong cash flow to support our growth plans, further improved with the recent strong gold prices.

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Benzinga

JANUARY 30, 2024

30, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline today by Lancaster Resources Inc. The corrected release follows: Lancaster Resources Inc. The transaction will be carried out by way of a statutory plan of arrangement (the " Spin-Off" ) pursuant to the Business Corporations Act (British Columbia).

Dividends 40

Dividends Finance 40

Viking Mergers

JULY 11, 2022

In the past few years, several notable tech companies announced and began executing plans to invest in Nashville and make it a key market (Amazon, Facebook, and Oracle, to name just a few). Annually, the healthcare industry in Nashville contributes 328,598 jobs and nearly $67 billion, direct and indirect, to the local economy.

Technology 130

Technology Start-ups Marketability Finance 130

Internal Audit 360

APRIL 25, 2024

They also cannot command that we perform other activities (even other, lower risk audits), diverting our limited resources from our essential responsibilities. When we develop and continuously update our audit plan, the schedule of audits we plan to perform, we will seek input from management. Their plans for change.

Banking 52

Banking 52

Lighter Capital

AUGUST 16, 2023

You can measure churn rate across any time period — typically SaaS businesses measure revenue churn monthly and annually. Monthly rates let you take the pulse of your company on a smaller scale, while annual rates often deliver better insight into broad trends. ARR churn = $100,000 - $8,000 / $100,000 = 0.08

Start-ups 98

Start-ups Marketability 98

ThomsonReuters

NOVEMBER 10, 2022

The IRS has issued Revenue Procedure 2022-40, containing updated remedial amendment and determination letter submission rules for retirement plans. It modifies procedures set forth in Revenue Procedure 2016-37 (see our Checkpoint article ) and incorporates intervening guidance on hybrid and merged plans (see our Checkpoint article ).

Compliance 52

Compliance 52

Audit Board

AUGUST 16, 2023

With this evolution, standards organizations around the world, like the US’s National Institute of Standards and Technology (NIST) and the International Standards Organization (ISO) have developed and released their own best practice frameworks and guidance for businesses to apply to their risk management plan.

Start-ups 52

Start-ups Compliance Technology Specific Risk 52

Benzinga

NOVEMBER 7, 2022

Moz of Au and 30 Moz of Ag (558 Mt of 0.58% Cu, 0.52g/t Au and 1.65g/t Ag); Alpala is estimated to produce an average of 132 kt Cu and 358 koz Au annually over the life of mine with peak annual production of 210 kt Cu and 829 koz Au; Based on the PFS, Alpala is expected to rank in the first decile in terms of production costs.

Finance 40

Finance Marketability 40

ThomsonReuters

NOVEMBER 27, 2023

As the holidays approach, many employers plan on paying out bonuses, incentives, or other supplemental wages to employees that may have unexpected tax and compliance implications. Even if you are only issuing an annual bonus, you must make sure to comply with the deposit frequency established for you by the IRS. Large bonuses.

Compliance 93

Compliance 93

Audit Board

MARCH 7, 2023

The important thing is having a plan in place to do better, be transparent, and communicate with stakeholders. AuditBoard’s Step-by-Step Guide to Building Your ESG Program: Resources, Best Practices, and Key Considerations offers resources and guidance to help you understand the big picture and make the right choices for your ESG program.

Enterprise Value 52

Enterprise Value Start-ups Finance Marketability 52

Benzinga

MAY 30, 2022

OzAurum Resources Ltd (ASX:OZM) is aiming to raise $2 million in an underwritten share purchase plan (SPP) to follow-up the recent virgin gold Demag Zone discovery at the Mulgabbie North Project. Click here. Click here. Full story available on Benzinga.com.

Technology 40

Technology 40

Audit Board

FEBRUARY 13, 2023

Learn seven best practices financial services audit teams should consider when building an agile auditing transformation plan, and download AuditBoard’s full guide, Conquering Heightened Risk Exposure in Financial Services: 7 Steps to Transform With Agile.

Start-ups 52

Start-ups Technology Banking Compliance 52

Reynolds Holding

AUGUST 10, 2022

These expenses are often inconsequential for a well-funded hedge fund activist – a so called Type I A ctivist – but have traditionally kept Type II a ctivists – which include social activists, unions, government pension plans, and gadflies – from running director slates at annual meetings. Annual Meeting. (i)????????????Nominations

Compliance 124

Compliance Equity 124

Audit Board

SEPTEMBER 28, 2023

Global Risk in Focus provides practical, data-driven research to help internal auditors and their stakeholders understand the current risk landscape and prepare internal audit plans for the years ahead. For internal auditors, there’s nothing more important than good data,” said IIA President and CEO Anthony Pugliese, CIA, CPA, CGMA, CITP. “By

Start-ups 52

Start-ups 52

Benzinga

NOVEMBER 29, 2022

(OTCQB: BZWR ), a global leader in lending and marketing software empowering business growth, issued an update today regarding recent corporate developments and the company's plans for future growth. Business Warrior will focus on expanding end-to-end lending and marketing services to lenders. The Software as a Service (SaaS) Market.

EBITDA 40

EBITDA Marketability 40

Audit Board

JUNE 3, 2022

An ESG audit will likely align with other dimensions of your risk management plan and compliance requirements, as well, and can prepare you to file reports with regulatory agencies. 2: Incorporate ESG Into Your Overarching Risk Management Plan. 3: Supply Chain Issues . 3: Determine Which Compliance Requirements Overlap With ESG.

Compliance 98

Compliance Start-ups Equity Finance 98

Equilest

JUNE 20, 2023

It provides insights into the worth of the business, which is vital for various purposes such as financial reporting, mergers and acquisitions, raising capital, estate planning, and litigation. Advantage 12: Resource Allocation Effective resource allocation is crucial for optimizing operational efficiency and driving growth.

Business Valuation 40

Business Valuation Marketability Equity Technology 40

Reynolds Holding

FEBRUARY 8, 2023

Survey data from the Institute of Internal Auditors (IIA) show internal auditors’ broad scope of responsibility, with testing of financial reporting controls accounting for less than 15 percent of their annual budget, on average. They also report evaluating at least one aspect of governance as part of their normal audit plans (24 of 29).

Compliance 124

Compliance Technology 124