The Charity CFO

AUGUST 15, 2023

Myths of Nonprofit Accounting and Why They Matter to Job Seekers Unfortunately, many job seekers fall victim to the stereotypes and believe the myths surrounding nonprofit accounting. In this section, we will debunk the three most common nonprofit accounting myths. Ready to dive deep into this exciting realm?

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

PYMNTS

DECEMBER 27, 2020

PwC, for example, has noted that “while the underwriting fee typically constitutes the largest direct cost that a company incurs as it goes through an IPO, the legal, accounting and tax costs are also consequential and can increase significantly for companies facing additional complexities in preparing for an IPO.”.

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Numbers Banking Securities Investments 108

PYMNTS

DECEMBER 10, 2018

The official was not named in the news, which was reported by Hessischer Rundfunk, a German public broadcaster. Deutsche Bank also made news last month when six of its offices were raided in and around Frankfurt, also over money laundering allegations that were tied to the Panama Papers. The radio personality did not cite any sources.

Banking 66

Banking Sales Accounting Securities 66

PYMNTS

OCTOBER 19, 2020

Here’s the latest news from Amazon and the technology industry, which is coming under increasing scrutiny from regulatory watchdogs, trade organizations and politicians globally. OECD’s Tax Reform To Be Presented To G20. The OECD forecasted that the measures could bring in a further $100 billion in business tax revenues each year. .

Tax Planning 57

Tax Planning Compliance Planning Economics 57

PYMNTS

SEPTEMBER 9, 2019

A full 24 percent of the country’s population would do so were they able to wager legally — as is the case now in 13 states, up from five a year ago, thanks to a recent U.S. Such legal betting promises to keep consumer experiences centered around pro football in the U.S. Most importantly, the new legal atmosphere in the U.S.

Planning 54

Planning Accounting Technology Marketing 54

PYMNTS

MAY 19, 2020

BlockFi said it was “able to confirm that no funds, passwords, social security numbers, tax identification numbers, passports, licenses, bank account information, nor similar non-public identification information was exposed as a result of this incident.”.

Foreign Exchange 59

Foreign Exchange Currencies Securities Numbers 59

CFO News Room

NOVEMBER 22, 2022

By Fred Schulte, an investigative reporter, who has worked at The Baltimore Sun, the South Florida Sun Sentinel, and the Center for Public Integrity, and Holly Hacker, KHN Data Editor, previously an investigative reporter at The Dallas Morning News. Originally published at Kaiser Health News. High Coders.

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Auditing Planning Accounting Economics 100

PYMNTS

SEPTEMBER 14, 2018

” The news comes as the U.S. The news comes months after Citigroup disclosed in a filing with the Securities and Exchange Commission (SEC) in February that it uncovered “methodological issues” with how it calculates credit card interest rates and will offer “remediation” to those customers impacted by such calculations.

Securities 53

Securities Accounting Banking Marketing 53

PYMNTS

FEBRUARY 23, 2018

million accounts have been affected and $335 million is being refunded to consumers. In other news gleaned from the filing, unreserved legal costs in their entirety have been estimated at $1 billion as of the end of 2017, down from the $1.5 billion that had been tallied at the end of the September quarter.

Accounting 43

Accounting Securities Banking 43

PYMNTS

MARCH 3, 2020

In today’s top news, Apple manufacturer and supplier Foxconn has returned to production, the Department of Justice charged two Chinese nationals with laundering over $100 million in cryptocurrency, and TurboTax’s deal to buy Credit Karma has sparked antitrust concerns. The Architecture Of Accounts Receivable.

Manufacturing 52

Manufacturing Accounting Finance 52

PYMNTS

FEBRUARY 22, 2019

In the quest for ill-gotten gains, fraudsters have a myriad of ways to try to scam unwitting victims, intercepting funds or having them sent to their own accounts. Internal Revenue Service (IRS) said that ahead of tax season, preparers and other victims received requests to change direct deposit activity. In December, the U.S.

Invoicing 54

Invoicing Entertainment Accounting Banking 54

PYMNTS

JUNE 1, 2018

These are heady times for the gig economy, independent contractors and the legal and payment issues attached to those areas. The new QuickBooks tool gives “small business owners confidence in their finances,” according to the press release. Intuit, which owns the QuickBooks accounting software, estimated that “43 percent of the U.S.

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B2B Accounting Finance 40

PYMNTS

AUGUST 5, 2019

Fraud comes in many flavors, and a payments-related lawsuit arising from the growing business of legal, recreational marijuana is proof of that point. That new industry is growing, and new services, including online ordering and delivery, are rising to meet consumer demands for legal pot. The good news?

Compliance 65

Compliance Technology Sales Accounting 65

PYMNTS

AUGUST 14, 2019

Those new countries will be decided by the first quarter of 2020, Kobo360’s CEO and Co-founder Obi Ozor told the news outlet. Three times as many people in Africa – roughly 280 million – have mobile money accounts compared to traditional bank accounts.

Foreign Exchange 43

Foreign Exchange Transportation Startups Banking 43

PYMNTS

FEBRUARY 14, 2019

The digital world is not a legal vacuum,” Theodor Thanner, the government agency’s head, said in a statement. In a statement to the news outlet, Amazon said it will “cooperate fully with the Austrian competition authority and continue working hard to support small and medium-sized businesses and help them grow.”

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eCommerce Retail Numbers Accounting 49

PYMNTS

MAY 9, 2016

The Obama administration is cracking down on money laundering and tax evasion tactics. companies to hide money laundering, tax evasion and other illicit financial activities,” Treasury Secretary Jacob Lew wrote in a letter to House Speaker Paul Ryan (R-WI), according to The Wall Street Journal.

Treasury 40

Treasury Accounting Securities Numbers 40

PYMNTS

JANUARY 8, 2018

Holiday vacations are officially over, and the payments and commerce news cycle is back in high gear. Credit Karma said yes to early tax refunds for consumers – for free. Good Tax Lending Karma. Funds can be deposited into a consumer’s account with 24 hours of the IRS accepting their fully filed tax return.

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Advertising Sales Accounting Finance 42

PYMNTS

DECEMBER 12, 2017

According to news from Reuters , the government in France wanted tax authorities to investigate Airbnb’s payment system over suspicions that it was enabling the avoidance of taxes after it learned the company was allowing hosts to use a prepaid Payoneer card.

Startups 40

Startups Finance Accounting Banking 40

PYMNTS

MAY 11, 2018

Bitcoin — among other cryptocurrencies — took a fall on Friday (May 11) and hit a three-week low as news surfaced that authorities raided South Korea’s largest crypto-exchange, CNBC reported. Your assets are kept securely in your account.” Following the news, bitcoin dropped 5.5 percent to a little over $8,500.

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Currencies Finance Banking Securities 40

PYMNTS

JANUARY 19, 2018

Separately, Bank of Korea Governor Lee Ju-yeol told a news conference that “cryptocurrency is not a legal currency and is not being used as such as of now.”. If crypto closes down in one place, users can take their anonymous accounts to more regulatory-friendly markets. I have accounts on four exchanges on three continents.

Startups 49

Startups Currencies Banking Accounting 49

PYMNTS

JUNE 5, 2019

The real trick is to tie engaging consumer experiences to those cards, which is critical, as prepaid and reloadable cards continue to evolve — moving from plastic cards to mobile accounts that can adapt to an expanding portfolio of use cases, including payroll, online gambling or even consumer and business lending.

Finance 63

Finance Accounting Technology eCommerce 63

PYMNTS

JULY 6, 2020

The individual, who pleaded guilty to one count of wire fraud, was accused of abusing his position as an accounts payable clerk within the company’s accounting department. million worth of business loans were allegedly obtained fraudulently by a California auto body shop owner, reports in Repair Driver News said.

Accounts Payable 59

Accounts Payable Profit and Loss B2B Invoicing 59

PYMNTS

APRIL 27, 2016

Cash has been in the news lately. There are issues of transaction security, criminal elements, tax evasion, free flow of capital, access to goods and services and the ability to fully participate in the global economy. The idea of switching to mobile payments is old news at this point. But just as the U.S.

Currencies 41

Currencies Treasury Compliance Banking 41

PYMNTS

JULY 31, 2017

For all the speechifying and the headlines, scripted programs on television networks, cable and streaming services weren’t half as entertaining as the actual news from D.C. Wells Fargo has disclosed that the accounts came from a branch of its brokerage business in the northeastern U.S. Or at least a less frustrating one.

Communication 40

Communication Securities Construction Entertainment 40

PYMNTS

MARCH 1, 2016

The Tuesday news takes place as the company brings a new leader, James E. Management stated on the conference call that it had become increasingly difficult to operate within the region, with a slew of financial impacts extending from the region’s capital and regulatory requirements and bank levies (a form of tax).

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Currencies Investments Banking Numbers 40

PYMNTS

NOVEMBER 11, 2016

In other bitcoin news, we’re now just two weeks away from the fifth annual Bitcoin Black Friday event. Long a bitcoin- friendly nation (bitcoin is VAT tax-free in Switzerland, for example), Switzerland’s FINMA has also solidified plans to clarify the legal treatment of cryptocurrencies and blockchain technology — sort of.

Math 76

Math Startups Securities Currencies 76

PYMNTS

MARCH 21, 2016

The news comes alongside President Obama’s historic trip to Havana this week. bank account and accept payments with Stripe. It also allows access to basic services, like tax advice from PwC, legal advice from Orrick, Herrington & Sutcliffe and tools from Amazon (including $15,000 in AWS credit).

Startups 40

Startups Banking Accounting Marketing 40

PYMNTS

MAY 18, 2017

percent management fee and requires a $500 account minimum. By some accounts , robo-advisors are expected to oversee $2 trillion in assets by 2020. billion in assets under management and employs a blend of financial goal-based solutions, automated wealth management tools and tax-loss harvesting. About the Tracker.

Investments 40

Investments Banking Planning Transportation 40

Strategic Treasurer

MARCH 6, 2023

Episode Transcription - Episode #178 - Becoming a Treasurer Part 23 INTRO 0:09 Welcome to The Treasury Update Podcast presented by Strategic Treasurer, your source for interesting treasury, news, analysis, and insights in your car at the gym, or wherever you decide to tune in. What is it? How does it work?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Treasury GAAP 52

PYMNTS

DECEMBER 5, 2016

The experts estimate that the United States government spent millions trying to enforce it and deprived the states of billions in tax revenue — all without managing to make any significant change in American alcohol consumption. Said researcher got interested after seeing a news article on the SFMTA hack.

Transportation 53

Transportation Education Securities Planning 53

PYMNTS

SEPTEMBER 5, 2016

Apple had some good news this summer — they are still Apple after all — but even the good and mostly good news didn’t get the level of buzz it might once have when Apple was the undisputed king of new and innovative tech. billion in taxes to Ireland (which Ireland doesn’t actually want, confusingly).

Numbers 40

Numbers Sales Manufacturing Leverage 40

PYMNTS

OCTOBER 14, 2016

A hacker group, Redhack, claimed to have accessed the email account of Turkey’s minister of energy and resources. The news from Asia is good for bitcoin. CoinDesk reported that Japan is planning to exempt bitcoin and other virtual currencies from a national sales tax, which is around 8 percent. online services. Bitcoin In Asia.

Currencies 77

Currencies Banking Financial Systems Technology 77

PYMNTS

MAY 5, 2017

In Japan, Nikkei reported that the country could soon see a number of additional bitcoin exchanges following the April 1st “legalization” of the digital currency as a payment method. These currencies can also be used even if banks’ systems fail — as long as the Internet is still functioning.” As of now, nothing is set in stone.

Currencies 47

Currencies Banking Retail Leverage 47

PYMNTS

JULY 27, 2018

The biggest investment news of the week came on Thursday (July 26), when cross-border B2B payments company Flywire announced an impressive $100 million funding round. Its tool integrates with existing platforms like QuickBooks, while its features include payments, invoicing, budgeting and tax management.

B2B 40

B2B Startups Investments Securities 40

Barry Ritholtz

FEBRUARY 6, 2024

You wouldn’t be surprised to learn the tax consequences of owning a mutual fund is a part of it. And ev all the sort of compliance, client service, legal, kind of, everything was done sort of on the side by investment people. This is the first time they’re putting out a product for retail. Really fascinating guy.

Valuation 52

Valuation Investments Finance Math 52

CFO News Room

DECEMBER 10, 2022

What Types of Accounts are Best for Compounding? Banks Savings Accounts. Most savings accounts, money market accounts, and certificates of deposit earn compound interest. Taxable vs. tax-deferred vs. tax-free accounts. It’s also possible to take advantage of tax-free accounts.

Investments 130

Investments Accounting Treasury Construction 130

Barry Ritholtz

JULY 11, 2023

But the good news is you finish at one, you could go out surfing. So you’re at Drexel for a year in New York. I could do my own taxes. JOHNSON: Exactly, the tax… RITHOLTZ: The negative on a mutual fund is phantom taxes. Hey, if it’s a qualified account, It doesn’t matter, it’s irrelevant.

Mergers and Acquisitions (M&A) 84

Mergers and Acquisitions (M&A) Investments Finance Technology 84