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The Securities and Exchange Commission voted to adopt amendments to its longstanding auditor independence requirements, relaxing restrictions on relationships between auditors and their clients as part of a deregulatory push by the SEC in recent years. Original Article Posted at : https://www.accountingtoday.com/news/sec-loosens-auditor-independence-rules
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Snowflakes are already flurrying in Minnesota, but there may still be an advantage to converting to solar energy within the next two months. It seems counterintuitive to convert to a solar power system for your home in the season that doesn’t get much sunshine, but there are still compelling reasons to move forward with the…
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The second catastrophe bond from specialty insurance and reinsurance company Fidelis Insurance Holdings Limited may increase in size before close, as its target for the Herbie Re Ltd. (Series 2020-2) issuance has risen to as much as $300 million. Fidelis returned to the catastrophe bond market earlier this month for its second transaction, looking to…
Read MoreIAASB and IESBA announce deputy chairs and board appointments; Grant Thornton names two national managing partners; and more CPA news. Original Article Posted at : https://www.accountingtoday.com/list/people-firms-on-the-move-macpa-restructures-education-foundation-to-focus-on-diversity-and-inclusion
Read MoreThe new version of the ERP software includes quick modeling functionality. Original Article Posted at : https://www.accountingtoday.com/news/unit4-adds-forecasting-and-planning-capabilities-to-erp-software
Read MoreDID YOU KNOW MAKING A PAYMENT MAY RESTART A #NEW YORK #FORECLOSURE A borrower’s partial payment toward a mortgage debt may also renew the statute of limitations in a #foreclosure action. See New York Supreme Court case U.S. Bank NA v. Martin: Learn more calling 888-600-6030 or visit https://www.wrongfullyforeclosed.com/
Read MoreAuditors should take stock of the lessons learned from the first phase of remote auditing. Original Article Posted at : https://www.accountingtoday.com/opinion/meeting-the-challenges-of-managing-an-audit-team-remotely
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U.S. property and casualty insurers continue to benefit from support from their reinsurance programs for paying losses for catastrophe events that struck during the third-quarter. As we have explained, third-quarter 2020 catastrophe losses look set to come in above expectations and in many cases budgets. While this elevates the chance of reinsurance recoveries being seen,…
Read MoreThis story originally appeared on Smartest Dollar. Schools around the country are grappling with the best way to operate safely during the COVID-19 pandemic. Many school districts are starting the year virtually, while others opened with a hybrid approach that combines face-to-face instruction with online learning. Even in areas where schools are open fully, many…
Read MoreRobert T. Brockman, a Houston software tycoon, was charged with using a web of Caribbean entities to hide $2 billion in income in what prosecutors called the largest U.S. tax case ever against an individual. Original Article Posted at : https://www.accountingtoday.com/articles/houston-tech-mogul-indicted-for-largest-ever-tax-charge
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