Sat.Sep 23, 2023 - Fri.Sep 29, 2023

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Key elements for successful remote auditing

ThomsonReuters

Jump to: Firms and clients are embracing remote auditing Remote auditing poses challenges, but there are solutions Leveraging technology is key to remote audit success Firms that have been introducing and experimenting with remote audits are finding it easier to embrace and collaborate with clients through cloud audit tools.

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2023 Corporate Governance developments

Harvard Corporate Governance

Posted by Melissa Sawyer, Lauren S. Boehmke and Marc Treviño, Sullivan & Cromwell LLP, on Monday, September 25, 2023 Editor's Note: Melissa Sawyer , Lauren Boehmke , and Marc Treviño are Partners at Sullivan & Cromwell LLP. This post is based on a Sullivan & Cromwell memorandum by Ms. Sawyer, Ms. Boehmke, Mr. Treviño, Susan M. Lindsay , June Hu , and H.

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Letterboxd, Online Haven for Film Nerds, Gets a New Owner

NYT M&A

Two designers from New Zealand built a wildly popular social network for movie buffs. Now, they’re cashing in (and sticking around for the sequel).

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Private equity firms pivot away from traditional buyouts

Financial Times M&A

Blackstone and Apollo executives talk up scope to expand into private credit and infrastructure investing

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How to Leverage Intent Data for Better Outcomes

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

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Activating middle managers through capability building

Mckinsey and Company

Middle managers can drive the success of organizations, but first they need the skills to succeed. Targeted training can help.

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Testimony by Chair Gensler Before the U.S. House of Representatives Committee on Financial Services

Harvard Corporate Governance

Posted by Gary Gensler, U.S. Securities and Exchange Commission, on Thursday, September 28, 2023 Editor's Note: Gary Gensler is Chair of the U.S. Securities and Exchange Commission. This post is based on his recent testimony. The views expressed in this post are those of Chair Gensler, and do not necessarily reflect those of the Securities and Exchange Commission or its staff.

More Trending

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Daniel K?etínský nears deal to sell Le Monde stake to Xavier Niel

Financial Times M&A

Sale by Czech tycoon will advance French billionaire’s ambition to put newspaper’s ownership into foundation

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The trading opportunity that could create resilience in materials

Mckinsey and Company

The energy transition is spurring unprecedented market volatility and uncertainty. Here’s how traders, producers, and broader energy players can prepare.

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Institutional Investors, Climate Disclosure, and Carbon Emissions

Harvard Corporate Governance

Posted by Shira Cohen (San Diego State University), Igor Kadach (University of Navarra, IESE Business School), and Gaizka Ormazabal (University of Navarra, IESE Business School), on Tuesday, September 26, 2023 Editor's Note: Shira Cohen is an Assistant Professor of Business at Fowler College of Business, San Diego State University. Igor Kadach is an Assistant Professor of Accounting and Control, and Gaizka Ormazabal is an Associate Professor of Accounting and Control, both at the University of N

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Ohio Updates Commercial Activity Tax

Redpath

September 28, 2023 - A recent change in Ohio’s tax law, passed by the 135 th Ohio General Assembly, will affect businesses with taxable gross receipts of $3 million or less.

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Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

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Moody’s warns of ‘systemic risk’ from leveraged lending market

Financial Times M&A

Rating agency says looming ‘race to the bottom’ between banks and private debt funds could erode credit quality

Banking 142
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Hybrid work, urban ecosystems, and the future of real estate

Mckinsey and Company

As the landscape of real estate changes, stakeholders need to adapt to find pockets of opportunity while supporting and maintaining tenants.

Equity 138
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Startup Failure

Harvard Corporate Governance

Posted by Elizabeth Pollman (University of Pennsylvania), on Friday, September 29, 2023 Editor's Note: Elizabeth Pollman is Professor of Law and Co-Director of the Institute for Law and Economics at the University of Pennsylvania Carey Law School. This post is based on her recent paper forthcoming in the Duke Law Journal. Related research from the Program on Corporate Governance includes What Matters in Corporate Governance?

Equity 218
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Disaster Recovery Planning for Banks & Credit Unions

N Contracts

Financial institutions must develop a disaster recovery (DR) plan to regain critical systems and resume normal operations following unforeseen incidents from wildfires to everyday power outages.

Banking 105
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Mastering Intent Data: Understanding its Importance & Best Practices

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

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Bets on energy transition spark rise in North American pipeline deals

Financial Times M&A

Oneok’s $19bn takeover of Magellan reflects shifting views of future for gas vs oil

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A new era for procurement: Value creation across the supply chain

Mckinsey and Company

The past few years of upheaval have underscored procurement’s importance for generating value. The next few years could make its contributions even more critical.

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SEC Adopts Substantive Requirements for Advisers to Private Funds

Harvard Corporate Governance

Posted by David N. Solander, McDermott Will & Emery LLP, on Sunday, September 24, 2023 Editor's Note: David N. Solander is a Partner at McDermott Will & Emery LLP. This post is based on his MWE memorandum. On August 23, 2023, the US Securities & Exchange Commission (SEC) adopted new and amended rules (the New Rules) under the Investment Advisers Act of 1940 (Advisers Act) that focus on the SEC’s desire to address what it views to be “risks and harms that are common in an adviser’s re

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Payroll Best Practices Every Business Should Follow

Redpath

For most businesses, regardless of industry, payroll tends to be the single largest monthly expenditure. If your payroll is inaccurate, there will be consequences. You risk upsetting employees if paychecks are off or late. You also risk noncompliance with reporting requirements, potentially leading to fines.

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Is an M&A revival wishful thinking?

Financial Times M&A

Plus, Altice looks to borrow for first time since its co-founder’s arrest

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How health systems and educators can work to close the talent gap

Mckinsey and Company

US health systems could address workforce shortages across a wide range of healthcare roles by setting up their own education entities or partnering with postsecondary-education institutions.

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Potentially Unfinished Leadership Business from the McDonald’s Decisions

Harvard Corporate Governance

Posted by Michael W. Peregrine (McDermott Will & Emery) and Charles W. Elson (University of Delaware), on Tuesday, September 26, 2023 Editor's Note: Michael W. Peregrine is a Partner at McDermott Will & Emery LLP, and Charles W. Elson is the Founding Director of the Weinberg Center for Corporate Governance and Woolard Chair in Corporate Governance (ret.) at the University of Delaware.

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1071 Update – September 2023

N Contracts

The latest 1071 compliance updates, news, and analysis for financial institutions and small business lenders covered under the CFPB’s Section 1071 final rule.

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Streaming will transform video games just like Netflix shook up TV, says Ubisoft

Financial Times M&A

French group behind ‘Assassin’s Creed’ bets Microsoft cloud deal will revive its fortunes

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What is hydrogen energy?

Mckinsey and Company

Hydrogen energy is an alternative to fossil fuels that may represent a cleaner way to power our world.

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Regulatory Intensity and Firm-Specific Exposure

Harvard Corporate Governance

Posted by Joseph Kalmenovitz (University of Rochester), on Wednesday, September 27, 2023 Editor's Note: Joseph Kalmenovitz is an Assistant Professor of Finance at the Simon Business School, University of Rochester. This post is based on his recent paper forthcoming in the Review of Financial Studies. Summary Regulation is a fundamental economic concept.

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How AI can help tax and accounting professionals attain their goals

ThomsonReuters

Jump to: AI for firms: operational improvements and new services AI for in-house departments: protect the business and enable growth Client communication benefits through AI AI for firms: operational improvements and new services One of the main benefits of AI is the potential to improve productivity and efficiency. According to the new report, “Future of Professionals”, 59% of tax and accounting professionals working at firms cited productivity as their top priority, and 55% selecte

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BT/Drahi: financially feasible does not mean politically advisable

Financial Times M&A

The French telecoms tycoon’s motives remain as opaque as ever

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The state of grocery in North America 2023

Mckinsey and Company

Grocery executives face a host of new challenges, including flat growth and margin pressure. Five trends could point the way to renewed momentum.

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The Activism Vulnerability Report

Harvard Corporate Governance

Posted by Jason Frankl, and Brian Kushner, FTI Consulting, on Wednesday, September 27, 2023 Editor's Note: Jason Frankl and Brian G. Kushner are Senior Managing Directors at FTI Consulting. This post is based on their FTI Consulting memorandum. Related research from the Program on Corporate Governance includes The Long-Term Effects of Hedge Fund Activism (discussed on the Forum here ) by Lucian A.

Banking 157
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Valuing a Closed Business for Tax Purposes

BV Specialists

When it is time to close a business and there are no realistic sale options, there are several steps needed to officially dissolve the company, so no loose ends come back to affect you in the future. One of those requirements is filing forms with the IRS and/or your state for final tax settlement purposes. Depending on the structure of your prior operation, you may need to obtain an independent business appraisal as part of this process.

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Paris prosecutors probe Arnault deals with Russian businessman

Financial Times M&A

A lawyer for the LVMH owner denied the allegations, calling them absurd and groundless

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Unlocking operational evolution: The zero-basing philosophy

Mckinsey and Company

Zero-basing transcends cost cutting—offering leaders visibility into operations, investment, and growth strategies.

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Pro Say: A Cheat Sheet For The New Supreme Court Term

Law 360 M&A

The U.S. Supreme Court justices return to the bench on Monday for a new term sure to have an impact, with issues ranging from gun ownership rights in domestic violence cases to the legality of administrative courts and the First Amendment implications of public officials blocking critics on social media.

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Amazon Invests Up To $4 Billion In ChatGPT Competitor, AI Startup Anthropic

Benzinga

Amazon Inc. (NASDAQ: AMZN ) has announced a strategic investment of up to $4 billion in Anthropic , an emerging AI company, as the e-commerce giant seeks to harness the potential of artificial intelligence in diverse applications across its business. As part of this groundbreaking deal, Anthropic will leverage Amazon’s custom-designed chips to develop and rollout its AI software.