Tuesday, November 2, 2021

Investors tell Big-4 auditors they risk AGM rebellion over climate accounting | Reuters

A combination of file pictures shows logos of Price Waterhouse Coopers, Deloitte, KPMG and Ernst & Young. REUTERS/File Photo

GLASGOW/LONDON, Nov 2 (Reuters) - Major investors have warned the world's top four audit firms they will vote to stop the firms working for the companies they invest in at AGMs from next year if audits do not integrate climate risk.

Publisher: Reuters
Date: 2021-11-02T22:11:23Z
Author: Simon Jessop Carolyn Cohn
Twitter: @Reuters
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Creative Accounting in the Biden Budget Framework - WSJ

The Biden budget reminds me of the child who demanded an allowance of $100 a month (" A Jerry-Rigged Budget 'Framework ,'" Review & Outlook, Oct. 29). When told by her parents that was quite unaffordable, she changed her ask to only $25 a week.

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Publisher: WSJ
Date: 2021-11-02T19:21:00.000Z
Twitter: @WSJ
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High Rock Accounting to expand in Minnesota | Accounting Today

Scottsdale, Arizona-based High Rock Accounting is acquiring St. Paul, Minnesota-based The Mobius Group, effective Nov. 1.

Founded in 2000, The Mobius Group focuses on accounting and training services for nonprofits. The acquisition builds on High Rock's industry vertical strategy.

Publisher: Accounting Today
Date: 2021-11-01T17:24:09.935
Author: https www accountingtoday com author daniel hood
Twitter: @AccountingToday
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WCBA to host 25th Annual Accounting Student/Practitioner Day | YSU

The Williamson College of Business Administration in conjunction with the Lariccia School of Accounting and Finance, the Center for Career Management, the Ohio Society of CPAs, Beta Alpha Psi and the Institute of Management Accountants will host the 25th Annual Accounting Student/Practitioner

Publisher: YSU
Date: 2021-11-01T07:18:19-04:00
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HighRadius Launches Autonomous Accounting to Disrupt Month-End Close | Business Wire

As the deadline for closing business transactions nears each month, controllers and their staff have the often thankless job of identifying anomalies and missing transactions across the business that may be captured in ERPs, accounting systems, third-party systems, Excel, or perhaps not captured

Date: 2021-11-02
Twitter: @businesswire
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CrossCountry Consulting Expands Accounting Advisory Practice in Newly Formed South Africa Office

MCLEAN, Va., Nov. 2, 2021 /PRNewswire/ -- CrossCountry Consulting, a leading business advisory firm, today announced that Anita Stemmet has been appointed Partner in the firm's Accounting Advisory Practice and will lead the firm's newly formed South Africa office.

Publisher: INSIDENOVA.COM
Author: CrossCountry Consulting
Twitter: @insidenova
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Accounting firm hires office managing partner - Grand Rapids Business Journal

Travis Ward, CPA, has been appointed the office managing partner for the Grand Rapids office at Crowe LLP, an accounting, consulting and technology firm in the U.S. with offices around the world.

Ward will oversee local personnel and strategy while continuing to serve as an international tax services leader for the Midwest region.

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Publisher: Grand Rapids Business Journal
Date: 2021-11-02T17:07:35 00:00
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Zimmer Biomet's chief accounting officer is leaving for a new job - Medical Design and

Nichol also serves as VP, controller and principal accounting officer. She joined Zimmer Biomet in September 2019 from pharma giant Endo International, where she was SVP, controller and chief accounting officer.

“Nichol is pursuing another employment opportunity and her departure is not the result of any disagreement regarding the company's financial reporting or accounting policies, procedures, estimates or judgments,” Zimmer Biomet said in a filing with the U.S.

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Publisher: Medical Design and Outsourcing
Date: 2021-11-01T19:29:11 00:00
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West Seattle Blog… | Topic: Accounting Manager

Now is your opportunity to work virtually for a dynamic and progressive accounting firm. Nordstrom Virtual Office (www.nordstromvirtualoffice.com) (NVO) provides back office (primarily accounting) services remotely for small- to medium-sized companies around the world.

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Publisher: West Seattle Blog...
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Happening on Twitter

Don't Waste Your Money: Money transfer app scams

Don't Waste Your Money: Money transfer app scams

(WHTM) — As money transfer apps become more and more popular, scammers become more brazen in their attacks.

Catina Brown received a fraud alert on her phone the other day that said it was from her bank, Chase. The alert asked if she was attempting to make a $5,000 money transfer via Zelle.

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Publisher: ABC27
Date: 2021-11-01T20:29:32 00:00
Author: John Matarese
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On The Money — Presented by Citi — Progressives shrug off Manchin warning | TheHill

The upshot: His words had a deflating effect on Democratic colleagues who had hoped Manchin would be more of a team player, taking a potential Tuesday vote on the infrastructure bill off the table.

"I would like to ask Joe Manchin, 'You know what Joe, we really need to be moving.' ... I don't think we're moving too fast," she said.

Publisher: TheHill
Date: 2021-11-01T20:21:55-04:00
Author: Sylvan Lane
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Tuition Revenue: Where's All the Money? | Just Explain It to Me!

Breaking down notoriously confusing, perplexing and annoying systems and practices in higher education

If all these students are paying $50,000 in tuition, how come our college doesn't have more revenue to spend?

“This institution charges $50,000 for tuition. We have 2,000 students. That’s $100 million. Where is it? What did the administration do with all that money? Can someone just explain it to me?”

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Smart Money Podcast: 3 Crypto Questions, and Improving Credit to Buy a House

This article provides information for educational purposes. NerdWallet does not offer advisory or brokerage services, nor does it recommend specific investments, including stocks, securities or cryptocurrencies.

This week's episode starts with a discussion of three questions you should ask yourself before buying crypto or investing in the industry.

Twitter: @Yahoo
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New London residents are upset over a pandemic relief money decision during an emergency meeting

The City Council of New London, Connecticut, voted last week to disperse more than $13 million in federal pandemic relief funds during an emergency meeting. Now, some residents say they feel unheard and the decision was made in haste — without their input.

The council approved a broad outline of potential American Rescue Plan Act funding allocations based on requests submitted to the city.

Publisher: WSHU
Date: 2021-11-01T21:30:55.875
Author: https www wshu org people clare secrist
Twitter: @wshupublicradio
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Crypto Dad: 'Money Is Too Important To Be Left To Central Bankers'

Chris Giancarlo, commonly referred to in the industry as "Crypto Dad," served as the 13th chairman of the U.S. Commodity Futures Trading Commission (CFTC) from June 2014 to April 2019.

Upon leaving the regulator, Giancarlo became an advocate for the U.S.

Chris Giancarlo : That's actually a fun question. In the fall of 2017, the CFTC was approached by the Chicago Board Options Exchange (CBOE) and the Chicago Mercantile Exchange (CME) about self-certifying two bitcoin futures products.

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Publisher: Forbes
Date: 2021-11-01
Author: Steven Ehrlich
Twitter: @forbes
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Use a 30-Day Letter to Collect Your Money – WSVN 7News | Miami News, Weather, Sports | Fort

(WSVN) - Talk about a hot mess. Her kitchen caught on fire. Her mortgage company got the check to pay for the repairs and deposited it, but then claimed they couldn't find it, meaning she couldn't pay the contractor.

When you walk into Haiba's home, you don't have to ask about her family. Her collage on her wall tells it all.

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Date: 2021-11-02T02:39:02Z
Author: Patrick Fraser
Twitter: @wsvn
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Happening on Twitter

Monday, November 1, 2021

Facebook Scammers Are hacking Accounts And Running Ads With Stolen Money - Tech

Scammers are hacking Facebook accounts, running ads with stolen money, and bragging about their fraudulent fortunes right on the social network.

If you're one of the 10 million Facebook users running ads on the platform, beware of a growing scam ring that's hacking advertisers' accounts, using their credit cards to steal tens of thousands of dollars in Facebook ads, and openly bragging about the money they're making off the scheme right

Publisher: Mashable India
Date: 2021-11-01T03:10:00 00:00
Twitter: @MashableIndia
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Happening on Twitter

DOL division files lawsuit to obtain overtime pay for poultry workers

Author: Ryan McCarthy
Twitter: @MeatPoultry
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Did Iowa get rid of overtime pay for state employees?

A: Reblooming lilacs will bloom once in the spring, take a rest period and then bloom again in midsummer. Some varieties, like the Bloomerang dark purple, will continue to bloom into the fall after their spring rest.

A: To donate your used hearing aids mail them to: Iowa Lions Hearing Aid Bank, 924 Dohrmann St., Jesup, Iowa 5064.

Publisher: Waterloo Cedar Falls Courier
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Department of Labor recovers $93K for Belle Meade Country Club workers

Errors in calculating overtime wages of workers at a Nashville country club led the U.S. Department of Labor to recover $93,750 in back wages and liquidated damages for 12 workers, the federal agency announced Monday.

An investigation recovered money for 12 workers who provided lessons, merchandise sales and equipment services to members and guests at Belle Meade Country Club.

Publisher: The Tennessean
Author: Natalie Neysa Alund
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Ann Arbor spent over $10M on city employee overtime in last three years - mlive.com

ANN ARBOR, MI — While Ann Arbor has grappled with a structural budget deficit , the city has spent over $10 million on employee overtime costs in the last three years, records obtained under the Freedom of Information Act show.

City leaders have mixed feelings about the city's large OT costs, which have grown over time but dipped in 2020 with the pandemic.

Publisher: mlive
Date: 2021-10-31T12:30:00Z
Author: ryanstanton
Twitter: @mlive
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How the Pandemic Has Added to Labor Unrest - The New York Times

When 420 workers at the Heaven Hill spirits bottling plant near Louisville went on strike in September, they were frustrated that the company's proposed contract could reduce their overtime pay. Many had earned extra income working seven days a week during the pandemic.

"We were essential," said Leslie Glazar, recording secretary of the local union representing spirits workers. "They kept preaching, 'You get us through that, we'll make it worth your time.' But we went from heroes to zero."

Date: 2021-11-01T15:06:46.000Z
Twitter: @nytimes
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Investigation recovers $170,000 in back wages and liquidated damages from an Oahu Japanese

HONOLULU (KHON2) — The U.S. Department of Labor’s Wage and Hour Division (LWHD) recently investigated R-International Inc.

According to LWHD, the salaried cooks worked an average of 55 hours a week. The breakdown of the funds recovered includes $85,000 in back wages, $10,000 in civil money — penalties for the reckless nature of its violations and an equal amount in liquidated damages for 13 employees.

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Publisher: KHON2
Date: 2021-11-01T21:36:06 00:00
Author: Stephanie Shinno
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A New Law Grants Key Rights to Colorado's Agricultural Workers - 5280

President Franklin D. Roosevelt's Fair Labor Standards Act of 1938 established the 40-hour workweek, mandatory overtime pay, and child labor restrictions.

10: Minutes of break time that farmworkers will now be guaranteed for every four hours worked. They'll also receive 30-minute unpaid meal breaks every five hours.

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Publisher: 5280
Date: 2021-11-01T21:14:30 00:00
Twitter: @5280magazine
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Court orders San Antonio Dairy Queen operator to pay $358,000 in back wages to its managers | San

COVID-19 vaccines for kids 5-11 are heading to Texas after FDA gives Pfizer shot emergency use authorization

Publisher: San Antonio Current
Date: 2021-11-01 15:41:27
Author: Sanford Nowlin
Twitter: @SAcurrent
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9th Circ. Upholds Costco's Win In Misclassification Suit - Law360

Enter your details below and select your area(s) of interest to receive Law360 Employment Authority daily newsletters

Author: https www law360 com employment authority articles 1436198 9th circ upholds costco s win in misclassification suit
Twitter: @law360
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Colorado law to end farmworker exploitation praised, criticized | 9news.com

"Farmworkers were some of the only workers in the state of Colorado who were not eligible for overtime protection."

Colorado lawmakers passed a bill this year that sought to end the exploitation of farmworkers in the state.

Senate Bill 87 , which Gov. Jared Polis signed into law in June, ensures that the 40,000 farmworkers across Colorado are entitled to things like water, shade, breaks, minimum wage and overtime pay.

Publisher: KUSA.com
Date: 6:13 AM MDT October 30 2021
Twitter: @9NEWS
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DoubleLine Yield Opportunities Fund Declares November 2021 Distribution | National News | kpvi.com

LOS ANGELES, Nov. 1, 2021 /PRNewswire/ -- The DoubleLine Yield Opportunities Fund (the 'Fund'), which is traded on the New York Stock Exchange under the symbol DLY, has declared a distribution of $0.1167 per share for the month of November 2021.

The distribution is subject to the following ex-dividend, record and payment dates set by the Fund's Board of Trustees.

Publisher: KPVI
Author: DoubleLine
Twitter: @kpvi
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Guidelines on E-commerce and Digital Businesses: Circular 80

Vietnam's Ministry of Finance (MoF) recently issued Circular 80/2021/TT-BTC (Circular 80) guiding the implementation of the Law on Tax Administration in 2019 (Law 38/2019/QH14).

We will focus on one of the most important chapters, which provides guidance on tax administration for e-commerce business activities based on digital platforms as well as other types of service provision from overseas business entities without a permanent establishment in Vietnam.

Publisher: Vietnam Briefing News
Date: 2021-11-01T08:32:22 00:00
Twitter: @VietnamBriefing
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Enterprise residents voice opinions on short-term rentals | News | dothaneagle.com

Enterprise residents both in favor and against the presence of short-term rentals in the city addressed the Enterprise City Council about the issue at the council's recent meeting.

During the "privilege of the floor" portion of the meeting, when members of the public are allowed to address the council for three minutes each, several residents used the opportunity to address the topic of short-term rentals.

Publisher: Dothan Eagle
Author: MORGAN USRY musry eprisenow com
Twitter: @dothaneagle
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The Billionaire Tax: Too timid

I’m having trouble getting my head around the idea of having a net worth of $1 billion. If only… Think of it. Written out, $1 billion is $1,000,000,000.

Some of those undertaxed individuals are listed on the table below, prepared by the  Washington Post ; and the amount of their wealth is nothing short of staggering.

Publisher: FXStreet
Date: FXStreetUpdate
Twitter: @FXStreetUpdate
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Tivity Health Partners with GetSetUp to Provide Virtual Learning Opportunities through

NASHVILLE, Tenn., Nov. 1, 2021 /PRNewswire/ -- Tivity Health® will offer GetSetUp, a virtual learning platform designed specifically for seniors to provide mental enrichment activities, to SilverSneakers® members in participating Medicare Advantage plans starting in January of 2022.

Tivity Health has been granted the exclusive right to offer GetSetUp to Medicare Advantage plans and their members. SilverSneakers members in participating plans will have unlimited access to the platform at no additional cost to the member.

Publisher: timesnews.net
Author: Tivity Health GetSetup
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Election Profile: Virginia Malloy, Abington Tax Collector | Abington, PA Patch

ABINGTON, PA — Patch continues its pre-election coverage with a profile on Virginia Malloy, who is running for tax collector/treasurer in Abington Township.

Husband, Terry Malloy, three children Dana, Tara, and (Terrence) Max. Three grandchildren, Cheyenne, Tommy, and Elena. My husband and children were all educated by the Abington School District.

Publisher: Abington, PA Patch
Date: 2021-10-31T22:10:43Z
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Shell and BP paid zero tax on North Sea gas and oil for three years | Oil and gas companies | The

Shell and BP paid no corporation tax or production levies on North Sea oil operations between 2018 and 2020, and claimed tax reliefs of nearly £400m, according to annual "payments to governments" reports analysed by the Observer .

A petroleum revenue tax of 35% was effectively scrapped by the then chancellor, George Osborne, in 2016 and oil giants can claim billions of pounds in taxpayer handouts for decommissioning rigs.

Publisher: the Guardian
Date: 2021-10-30T19:15:06.000Z
Author: https www theguardian com profile jon ungoed thomas
Twitter: @guardian
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Hong Kong property agents who sell homes overseas should be legally responsible for ensuring
Publisher: South China Morning Post
Date: 2021-10-31T15:29:16 08:00
Author: Zoe Low
Twitter: @SCMPNews
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European gaming regulation in the nearest future?

The major goal of European gaming regulation is to provide the most precise and up-to-date laws possible. It is past time for individuals involved in the gambling industry on this continent to be aware of current trends in European gaming legislation.

Europe is a fantastic place to gamble safely and fairly. Not only is this realm absolutely legal and controlled, but players can also withdraw their winnings at any time. New tax regulations have been implemented, which require operators to pay more taxes.

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Publisher: Scified
Author: https www facebook com scifiedcom
Twitter: @scifiedcom
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NextGen Healthcare Reports Fiscal 2022 Second Quarter Results | Business Wire

"Our record fiscal second quarter revenue performance continues to demonstrate the overall strength of NextGen Healthcare's brand in the market, the exceptional value its solutions offer clients, and the team's ability to execute on operational and strategic objectives," said David Sides,

NextGen Healthcare will host a conference call to discuss its fiscal year 2022 second quarter operating results today at 5:00 p.m. Eastern time.

Date: 2021-10-28
Twitter: @businesswire
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Brown alum wins Nobel Memorial Prize in Economics Sciences - The Brown Daily Herald

Imbes met his mentor, Anthony Lancaster, at the University of Hull in the United Kingdom, who he eventually followed to Brown University.

Guido Imbens MA '89, PhD '91, applied econometrics professor and professor of economics at the Stanford Graduate School of Business, sits in front of two square images of his children playing chess.

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Publisher: The Brown Daily Herald
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Yale Economic Growth Center kicks off symposium on development economics - Yale Daily News

The EGC hosted a symposium that focused on development economics while celebrating the 60th anniversary of the center's founding.

The Yale Economic Growth Center in conjunction with Inclusion Economics Yale has kicked off a symposium focusing on race, ethnicity, gender and economic justice. 

Publisher: Yale Daily News
Date: 2021-11-01T04:52:59 00:00
Twitter: @yaledailynews
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Bloomberg - Are you a robot?
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Real World Economics: Shipping container problem won't be hauled away – Twin Cities

Is that the problem today? Yes, though one must recognize that in addition to this supply-side factor, there also is unprecedented demand.

COVID halted much spending over which consumers had any discretion. Last year's consumer sales were abysmal. The dam has broken and many households, though certainly not all, have money to spend and want to spend it. This is showing up even in used-car prices.

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Publisher: Twin Cities
Date: 2021-10-31T10:55:16 00:00
Twitter: @pioneerpress
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ISPOR Announces Honorees for the Health Economics and Outcomes Research Awards

Newswise — Lawrenceville, NJ, USA —November 1, 2021— ISPOR —The Professional Society for Health Economics and Outcomes Research (HEOR) announced the recipients  of its 2020 and 2021 HEOR Scientific and Leadership Awards and the upcoming Virtual Awards Ceremony

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Wharton Launches Economics of Blockchain and Digital Assets Executive Education Online

PHILADELPHIA, Oct. 28, 2021 /PRNewswire/ -- The Aresty Institute of Executive Education at the Wharton School of the University of Pennsylvania is proud to announce the launch of its newest online program, Economics of Blockchain and Digital Assets.

Publisher: The Progress
Author: The Aresty Institute of Executive Education at the Wharton School of the University of Pennsylvania
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Economics class: Sunak defies hawkish instincts to oversee massive expansion of state | Financial

The article refers to ‘the yearly real-terms increase of 3.3 per cent in day-to-day spending on public services.’ Explain what is meant by a real-terms increase.

Health and care costs will be among the main drivers of pressure on the public finances. Paul Johnson, director of the IFS, states that measures to boost capital investment and address demographic pressures on health and social care were ‘largely . . .

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Date: 2021-10-31T12:39:31.547Z
Twitter: @FinancialTimes
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Crimes Against Nature: $2m whales, wartime Britain and the economics of saving the planet |

Whales, in other words, protect our climate. That makes their continuing decline a threat to the planet – and a warning about how one industrial process (such as whaling) can exacerbate the effects of another (the fossil fuel industry) in unexpected and disastrous ways.

But that isn't the IMF's conclusion. For its researchers, the relationship between whales and carbon establishes merely that the creatures must be commodified.

Publisher: the Guardian
Date: 2021-10-30T19:00:08.000Z
Author: https www theguardian com profile jeff sparrow
Twitter: @guardian
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