All companies should evaluate their operations in order to understand the risks and preventative measures required to help prevent and detect their exposure to occupational fraud. In reality, occupational fraud is a pervasive risk to all companies, small and large, and proper steps need to be taken in order to protect corporate assets.
In one of his last acts as the Governor of Massachusetts, former Governor Deval Patrick signed “An Act promoting economic growth across the Commonwealth” (H.4377). Of the many changes enacted under this act, were revisions to the Massachusetts research credit and the addition of an alternative simplified research credit, which took effect for tax years beginning on or after January 1, 2015.
How would you like to “come clean” on delinquent state tax returns – without incurring an onslaught of penalties and interest that normally accompany late filing?
On September 1, 2015, the AICPA released an Exposure Draft (ED) containing several proposed changes to the Certified Public Accountant (CPA) exam effective for 2017. The ED is open for public comment through November 30, 2015. Final changes are expected to be announced in spring of 2016. Change is not new to the CPA exam, as it continually evolves with the profession.
The decision to implement a new system within an organization is one that is complex and risky. Aside from the investment in time and money, the potential for disruption of service poses a risk to business continuity, customer loyalty and ultimately your bottom line. Finding and selecting the system provider that best fits your organization’s needs is a challenge that requires the full engagement of your organization’s stakeholders in order to avoid failure.
Since June 24, 2015, most banks have been eligible to register .BANK domains relevant to their company’s trademarks, trade names, or service marks. For example, if you currently use myfinancialinstitution.com for your bank’s website, you may be eligible to register and use myfinancialinstitution.BANK as an alternate, or complementary, website to your existing .com site.
In the “old days,” most banks – other than the large regional and national banks – did business in a localized area. Their customers were often within striking distance of a branch, and lending was most often done with these customers.