If either party to the acquisition process is a Securities and Exchange Commission (SEC) registrant, incremental information may be required. And for CFOs, it’s not only a matter of what, but when.
Legal Entity Management is an area ripe for process enhancement as a means of ensuring accurate, timely compliance while controlling costs and mitigating risk.
Digital assets as an asset class has matured with increasing rates of adoption among retail and institutional investors. As custodians engage, they are facing unique complexities across many regulatory bodies, new varieties of audit and controls considerations and evolving risk frameworks. This paper, starting on page 4, explores important considerations for custodians of digital assets as explained from the various leaders within Deloitte’s digital asset practice.
84.6% of responding C-suite and other executive feel confident in their organizations’ abilities to manage cash and liquidity, according to a Deloitte poll conducted on Oct. 15, 2020. But as uncertainty persists, it’s important for organizations to continue to improve and strengthen their cash and liquidity management abilities so as not to provide a false sense of security.
Executives’ Ransomware Concerns Are High, But Few Are Prepared for Such Attacks Deloitte United States
A Deloitte poll conducted on June 24, 2021 found that 86.7% of C-suite and other executives expect the number of cyberattacks targeting their organizations to increase over the next 12 months--and that ransomware poses a major concern during that time (64.8%).
Working capital management a top priority for many executives in year aheadDeloitte United States
Nearly half of C-suite and other executives say that managing working capital will be a high priority for their organizations in the year ahead with 33.6% keeping it a top priority and 14.7% making it a higher priority, according to a Deloitte poll .
The need for speed in financial governance: Mitigating the risks of misstatem...Deloitte United States
- A Deloitte poll of over 1,000 C-suite and other executives found that during the past 12 months, 22% had not revised any financial processes, 37.1% had revised one process, and 26.8% had revised more than one process.
- For the next 12 months, 19.9% do not expect to revise any processes, 31.7% expect to revise one process, and 30.3% expect to revise more than one process.
- The most likely driver for financial process revisions in the next 12 months is implementation of new technologies (48%), followed by changes to accounting standards (23.8%), and material weakness or deficiency remediation (6%).
As organizational reliance on third parties increases, extended enterprise ri...Deloitte United States
Recognizing that the greatest risk to the enterprise may come from outside the organization, a recent Deloitte poll revealed 70 percent of respondents indicated a moderate to high level of dependency on external entities that might include third, fourth or fifth parties. Also, nearly half (47 percent) of respondents said their organizations had experienced some sort of risk incident involving the use of external entities in the last three years. https://deloi.tt/2CiYnGK
An Identity Crisis: Organizations Grapple With Growing Consumer Expectation f...Deloitte United States
Growing consumer expectations, the breakdown of traditional “walls” and emerging technologies have given rise to a digital identity crisis. More than ever before, identity management is at the center of cybersecurity, regulatory compliance and consumer trust, and many organizations are struggling to define digital identity both internally for the enterprise and externally for consumers. The results of a poll by Deloitte shed light on the top emerging trends and challenges shaping the evolution and management of digital identity.
Legal Entity Management is an area ripe for process enhancement as a means of ensuring accurate, timely compliance while controlling costs and mitigating risk.
Digital assets as an asset class has matured with increasing rates of adoption among retail and institutional investors. As custodians engage, they are facing unique complexities across many regulatory bodies, new varieties of audit and controls considerations and evolving risk frameworks. This paper, starting on page 4, explores important considerations for custodians of digital assets as explained from the various leaders within Deloitte’s digital asset practice.
84.6% of responding C-suite and other executive feel confident in their organizations’ abilities to manage cash and liquidity, according to a Deloitte poll conducted on Oct. 15, 2020. But as uncertainty persists, it’s important for organizations to continue to improve and strengthen their cash and liquidity management abilities so as not to provide a false sense of security.
Executives’ Ransomware Concerns Are High, But Few Are Prepared for Such Attacks Deloitte United States
A Deloitte poll conducted on June 24, 2021 found that 86.7% of C-suite and other executives expect the number of cyberattacks targeting their organizations to increase over the next 12 months--and that ransomware poses a major concern during that time (64.8%).
Working capital management a top priority for many executives in year aheadDeloitte United States
Nearly half of C-suite and other executives say that managing working capital will be a high priority for their organizations in the year ahead with 33.6% keeping it a top priority and 14.7% making it a higher priority, according to a Deloitte poll .
The need for speed in financial governance: Mitigating the risks of misstatem...Deloitte United States
- A Deloitte poll of over 1,000 C-suite and other executives found that during the past 12 months, 22% had not revised any financial processes, 37.1% had revised one process, and 26.8% had revised more than one process.
- For the next 12 months, 19.9% do not expect to revise any processes, 31.7% expect to revise one process, and 30.3% expect to revise more than one process.
- The most likely driver for financial process revisions in the next 12 months is implementation of new technologies (48%), followed by changes to accounting standards (23.8%), and material weakness or deficiency remediation (6%).
As organizational reliance on third parties increases, extended enterprise ri...Deloitte United States
Recognizing that the greatest risk to the enterprise may come from outside the organization, a recent Deloitte poll revealed 70 percent of respondents indicated a moderate to high level of dependency on external entities that might include third, fourth or fifth parties. Also, nearly half (47 percent) of respondents said their organizations had experienced some sort of risk incident involving the use of external entities in the last three years. https://deloi.tt/2CiYnGK
An Identity Crisis: Organizations Grapple With Growing Consumer Expectation f...Deloitte United States
Growing consumer expectations, the breakdown of traditional “walls” and emerging technologies have given rise to a digital identity crisis. More than ever before, identity management is at the center of cybersecurity, regulatory compliance and consumer trust, and many organizations are struggling to define digital identity both internally for the enterprise and externally for consumers. The results of a poll by Deloitte shed light on the top emerging trends and challenges shaping the evolution and management of digital identity.
As Enforcement Funding Increases, Organizations Report Varied Anti-Human Traf...Deloitte United States
According to an October 2019 Deloitte poll, organizations have varying levels of anti-human trafficking program deployment. When asked about the strength of their anti-human trafficking programs, 28.5% of respondents at organizations with existing programs and just 8% of those at organizations launching such programs in the next 12 months described their programs as “stronger than industry standard.”
Modernizing compliance: A tech lens on value protection and creationDeloitte United States
Almost half (48.3 percent) of risk and compliance, internal audit, C-suite executive and board professionals plan to modernize their compliance functions by changing core compliance execution practices during the next 12 months, according to a recent Deloitte poll. Meantime, resource levels for compliance teams are expected to increase (27.5 percent) or stay flat (37.6 percent) in the year ahead for the majority of organizations.
https://www2.deloitte.com/us/en/pages/about-deloitte/articles/press-releases/nearly-half-of-orgs-plan-compliance-modernization-in-year-ahead-deloitte
On May 8, 2017, a Deloitte Dbriefs webcast titled “FAQs about the new FASB leases standard: You're not alone” polled more than 2,150 C-suite executives and other executives about lease accounting implementation. Nearly half (47.1 percent) are concerned about their organizations’ ability to implement on time.
Few Government Professionals Feel Prepared to Comply with Lease Accounting St...Deloitte United States
According to a June 2019 Deloitte poll, few professionals in U.S. government entities feel prepared to comply (11.4% of federal agency employees and 12.4% of state or local government or higher education institution employees) with the Federal Accounting Standards Advisory Board’s (FASAB) and Governmental Accounting Standards Board’s (GASB) respective lease accounting standards.
Supply chain financial crime rates holding steady, but few tap blockchain to ...Deloitte United States
During the past five years, an average of 31.1 percent of respondents to annual Deloitte polls say their organizations have experienced supply chain financial crime—particularly fraud, waste or abuse—in the preceding year. Yet, in a 2018 poll, just 15.1 percent of respondents report their organizations are using (3.9 percent) or piloting (11.2 percent) blockchain to help mitigate financial crime risks in their supply chains. See more responses from over 2,430 professionals were polled online during a Deloitte Dbriefs webcast, titled “Supply chain forensics: New insights on fraud, waste and abuse,” on July 24, 2018.
As risks continue to abound, many plan to strengthen internal controlsDeloitte United States
A Deloitte poll conducted in Oct. 13, 2020 found that 77.6% of respondents' organizations plan to strengthen resilience for internal controls in the year ahead.
Eight predictions for the future finance function and executives’ opinions ab...Deloitte United States
The document summarizes the responses from over 200 finance executives to a poll about 8 predictions for the future of finance in 2025 from a Deloitte report. The predictions include transactions becoming touchless through automation and blockchain, finance focusing on business insights over operations, real-time reporting, increased self-service, new service delivery models using robots and freelancers, applications challenging traditional ERP systems, data standardization through APIs but still data cleanup challenges, and employees doing new things that may make CFOs uncomfortable. The executives were asked their level of agreement with each prediction.
Hedge accounting: Simplifying the accounting for hedging activitiesDeloitte United States
The recent Deloitte webcast, “Hedge accounting: Simplifying the accounting for hedging activities,” polled more than 3,000 business professionals about their organizations’ implementation plans for the new hedge accounting rules issued by the FASB. These slides highlight the findings from the poll.
Benchmark your financial close infographicSarah Fane
The financial close is an essential process for any organization, and is a key indicator of the efficiency of your finance function.
So how do you compare with your peers in the R2R process? And what can you do to improve?
sharedserviceslink and Adra recently conducted a financial close survey with over 100 finance professionals.
The survey sought to better understand your financial close process and to help you map your process maturity and drive improvements.
The document summarizes the findings of a study on IT risk management conducted by IBM. Some key findings include:
- Most IT managers expect their risk-related responsibilities to increase as IT infrastructure plays a more critical role in businesses.
- While over half of respondents rated their overall approach to mitigating IT risk as good or expert, over 30% viewed it as average or poor.
- Many organizations still struggle with securing enough funding and senior leadership support for risk management initiatives.
- While risk planning is often conducted in business silos, greater collaboration across organizations is seen as a challenge.
Closing the talent gap: Five ways government and business can team up to resk...Deloitte United States
1) The document discusses ways for government and businesses to work together to reskill workers as jobs are changing rapidly due to new technologies.
2) It suggests focusing training programs on specific job needs, expanding apprenticeships to new fields, and assisting lower-skilled workers.
3) The government could play a role connecting employers to job seekers and facilitating partnerships between education and industry.
Process automation: What it means for the future of controllershipDeloitte United States
In a recent Deloitte Center for ControllershipTM poll of more than 1,700 finance, accounting and other professionals, 52.8 percent say their organizations plan digital controllership improvements—leveraging process automation, analytics and other technologies for financial and accounting processes—in the year ahead. Using finance and accounting robotic process automation (RPA) to increase efficiency and internal controls is the top priority for such efforts (34.7 percent). https://www2.deloitte.com/us/en/pages/about-deloitte/articles/press-releases/finance-accounting-robotic-process-automation-priority-for-digital-controllership-2018-deloitte
Cyber wargaming: Building cyber resilience in an era of cyberattacksDeloitte United States
Nearly half (46 percent) of executive-level respondents to a Deloitte poll say their organizations have experienced a cybersecurity incident over the past year, with more than 1,500 surveyed professionals feeling only “somewhat confident” in their organization’s ability to respond to and remediate a cyber incident. Learn more: https://deloi.tt/2Ac1vEN
EU General Data Protection Regulation: Practical steps for compliance, third ...Deloitte United States
The European Union (EU) General Data Protection Regulation (GDPR) took effect May 25, 2018, yet only 34.5 percent of nearly 500 professionals involved in GDPR compliance efforts say their organizations can defensibly demonstrate compliance with the new data privacy rules today, according to a July 2018 Deloitte poll. Further, only 13.6 percent of respondents are confident that their organizations know what data third parties have and are leveraging artificial intelligence (AI) and other technologies to analyze and manage third-party contracts for GDPR compliance. To learn more, go to: https://www2.deloitte.com/us/en/pages/about-deloitte/articles/press-releases/few-organizations-are-gdpr-compliant-eu-data-privacy-contract-management.html
Lease accounting standard implementations: Keep the pedal to the metal Deloitte United States
Following the FASB’s proposed delayed implementation date for private companies on lease accounting to Jan. 1, 2022, Deloitte conducted a online poll that shows 63.8% of private company C-suite executives (and 77.7% of public company execs) are confident in their ability to comply with all mandatory accounting standards on time despite the impacts of COVID-19.
The future of regulation: Principles for regulating emerging technologiesDeloitte United States
As emerging technologies drive new business and service models, governments must rapidly create, modify, and enforce regulations. The preeminent issue is how to protect citizens and ensure fair markets while letting innovation and businesses flourish. https://deloi.tt/2NaeMRD
Modernizing compliance: Moving from value protection to value creationDeloitte United States
More than 580 professionals in compliance (21.4 percent), internal audit (35.6 percent), risk management (17.7 percent), C-suite roles outside of compliance (22.6 percent) and corporate board members (2.7 percent) participated in a Deloitte Dbriefs webcast, titled “Modernizing compliance: Moving from value protection to value creation,” on March 30, 2017. Poll respondents largely work in the financial services (45.7 percent) and consumer and industrial products (23.2 percent) industries. https://www2.deloitte.com/us/en/pages/dbriefs-webcasts/events/march/2017/dbriefs-modernizing-compliance-moving-from-value-protection-to-value-creation.html
AI Use Expected to Increase in Risk and Compliance Efforts, But Few Have Ethi...Deloitte United States
According to a September 2019 Deloitte poll, nearly half of C-suite and other executives at organizations that use AI expect to increase its use for risk management and compliance efforts in the year ahead. Yet, few report that their organizations have an ethical framework in place for such AI use.
A recent Deloitte survey revealed that most Medicaid beneficiaries have the technology and appetite for digital health. How can states and managed care organizations do more to engage them? https://deloi.tt/2qNfGdX
In February 2017, some of the most preeminent US consumer packaged goods companies gathered in Boca Raton, Florida for the annual conference of the Consumer Analyst Group of New York (CAGNY). We listened and here is what we heard. For more information, visit http://deloi.tt/2ouxVBM
This document discusses common areas of financial statement disputes that arise during post-closing negotiations following a merger or acquisition. It identifies eight financial statement accounts - cash, revenue recognition, inventory, accounts receivable/accounts receivable reserves, pensions, contingent liabilities, accounts payable, and industry/GAAP past practices - that are frequently disputed. For each account, it provides examples of issues that cause disagreement between the buyer and seller such as how in-transit cash is defined, how revenue cut-off dates are set, and whether reserves have been over or under accrued. The document advises addressing these potential dispute areas carefully in the purchase agreement.
M&A Post-Closing Disputes: Commonly disputed financial statement accountsDeloitte United States
Gain insights into which financial statement accounts often lead to post-closing disputes between the parties to mergers and acquisitions transactions in this thought-provoking Dash on-demand webcast, presented by Jen Larson and Brian Lappen of Deloitte Financial Advisory Services LLP - Learn more:
http://www.deloitte.com/view/en_US/us/Services/Financial-Advisory-Services/Litigation-Dispute-Financial-Advisory/7c8c01f0ed5fb110VgnVCM100000ba42f00aRCRD.htm
As Enforcement Funding Increases, Organizations Report Varied Anti-Human Traf...Deloitte United States
According to an October 2019 Deloitte poll, organizations have varying levels of anti-human trafficking program deployment. When asked about the strength of their anti-human trafficking programs, 28.5% of respondents at organizations with existing programs and just 8% of those at organizations launching such programs in the next 12 months described their programs as “stronger than industry standard.”
Modernizing compliance: A tech lens on value protection and creationDeloitte United States
Almost half (48.3 percent) of risk and compliance, internal audit, C-suite executive and board professionals plan to modernize their compliance functions by changing core compliance execution practices during the next 12 months, according to a recent Deloitte poll. Meantime, resource levels for compliance teams are expected to increase (27.5 percent) or stay flat (37.6 percent) in the year ahead for the majority of organizations.
https://www2.deloitte.com/us/en/pages/about-deloitte/articles/press-releases/nearly-half-of-orgs-plan-compliance-modernization-in-year-ahead-deloitte
On May 8, 2017, a Deloitte Dbriefs webcast titled “FAQs about the new FASB leases standard: You're not alone” polled more than 2,150 C-suite executives and other executives about lease accounting implementation. Nearly half (47.1 percent) are concerned about their organizations’ ability to implement on time.
Few Government Professionals Feel Prepared to Comply with Lease Accounting St...Deloitte United States
According to a June 2019 Deloitte poll, few professionals in U.S. government entities feel prepared to comply (11.4% of federal agency employees and 12.4% of state or local government or higher education institution employees) with the Federal Accounting Standards Advisory Board’s (FASAB) and Governmental Accounting Standards Board’s (GASB) respective lease accounting standards.
Supply chain financial crime rates holding steady, but few tap blockchain to ...Deloitte United States
During the past five years, an average of 31.1 percent of respondents to annual Deloitte polls say their organizations have experienced supply chain financial crime—particularly fraud, waste or abuse—in the preceding year. Yet, in a 2018 poll, just 15.1 percent of respondents report their organizations are using (3.9 percent) or piloting (11.2 percent) blockchain to help mitigate financial crime risks in their supply chains. See more responses from over 2,430 professionals were polled online during a Deloitte Dbriefs webcast, titled “Supply chain forensics: New insights on fraud, waste and abuse,” on July 24, 2018.
As risks continue to abound, many plan to strengthen internal controlsDeloitte United States
A Deloitte poll conducted in Oct. 13, 2020 found that 77.6% of respondents' organizations plan to strengthen resilience for internal controls in the year ahead.
Eight predictions for the future finance function and executives’ opinions ab...Deloitte United States
The document summarizes the responses from over 200 finance executives to a poll about 8 predictions for the future of finance in 2025 from a Deloitte report. The predictions include transactions becoming touchless through automation and blockchain, finance focusing on business insights over operations, real-time reporting, increased self-service, new service delivery models using robots and freelancers, applications challenging traditional ERP systems, data standardization through APIs but still data cleanup challenges, and employees doing new things that may make CFOs uncomfortable. The executives were asked their level of agreement with each prediction.
Hedge accounting: Simplifying the accounting for hedging activitiesDeloitte United States
The recent Deloitte webcast, “Hedge accounting: Simplifying the accounting for hedging activities,” polled more than 3,000 business professionals about their organizations’ implementation plans for the new hedge accounting rules issued by the FASB. These slides highlight the findings from the poll.
Benchmark your financial close infographicSarah Fane
The financial close is an essential process for any organization, and is a key indicator of the efficiency of your finance function.
So how do you compare with your peers in the R2R process? And what can you do to improve?
sharedserviceslink and Adra recently conducted a financial close survey with over 100 finance professionals.
The survey sought to better understand your financial close process and to help you map your process maturity and drive improvements.
The document summarizes the findings of a study on IT risk management conducted by IBM. Some key findings include:
- Most IT managers expect their risk-related responsibilities to increase as IT infrastructure plays a more critical role in businesses.
- While over half of respondents rated their overall approach to mitigating IT risk as good or expert, over 30% viewed it as average or poor.
- Many organizations still struggle with securing enough funding and senior leadership support for risk management initiatives.
- While risk planning is often conducted in business silos, greater collaboration across organizations is seen as a challenge.
Closing the talent gap: Five ways government and business can team up to resk...Deloitte United States
1) The document discusses ways for government and businesses to work together to reskill workers as jobs are changing rapidly due to new technologies.
2) It suggests focusing training programs on specific job needs, expanding apprenticeships to new fields, and assisting lower-skilled workers.
3) The government could play a role connecting employers to job seekers and facilitating partnerships between education and industry.
Process automation: What it means for the future of controllershipDeloitte United States
In a recent Deloitte Center for ControllershipTM poll of more than 1,700 finance, accounting and other professionals, 52.8 percent say their organizations plan digital controllership improvements—leveraging process automation, analytics and other technologies for financial and accounting processes—in the year ahead. Using finance and accounting robotic process automation (RPA) to increase efficiency and internal controls is the top priority for such efforts (34.7 percent). https://www2.deloitte.com/us/en/pages/about-deloitte/articles/press-releases/finance-accounting-robotic-process-automation-priority-for-digital-controllership-2018-deloitte
Cyber wargaming: Building cyber resilience in an era of cyberattacksDeloitte United States
Nearly half (46 percent) of executive-level respondents to a Deloitte poll say their organizations have experienced a cybersecurity incident over the past year, with more than 1,500 surveyed professionals feeling only “somewhat confident” in their organization’s ability to respond to and remediate a cyber incident. Learn more: https://deloi.tt/2Ac1vEN
EU General Data Protection Regulation: Practical steps for compliance, third ...Deloitte United States
The European Union (EU) General Data Protection Regulation (GDPR) took effect May 25, 2018, yet only 34.5 percent of nearly 500 professionals involved in GDPR compliance efforts say their organizations can defensibly demonstrate compliance with the new data privacy rules today, according to a July 2018 Deloitte poll. Further, only 13.6 percent of respondents are confident that their organizations know what data third parties have and are leveraging artificial intelligence (AI) and other technologies to analyze and manage third-party contracts for GDPR compliance. To learn more, go to: https://www2.deloitte.com/us/en/pages/about-deloitte/articles/press-releases/few-organizations-are-gdpr-compliant-eu-data-privacy-contract-management.html
Lease accounting standard implementations: Keep the pedal to the metal Deloitte United States
Following the FASB’s proposed delayed implementation date for private companies on lease accounting to Jan. 1, 2022, Deloitte conducted a online poll that shows 63.8% of private company C-suite executives (and 77.7% of public company execs) are confident in their ability to comply with all mandatory accounting standards on time despite the impacts of COVID-19.
The future of regulation: Principles for regulating emerging technologiesDeloitte United States
As emerging technologies drive new business and service models, governments must rapidly create, modify, and enforce regulations. The preeminent issue is how to protect citizens and ensure fair markets while letting innovation and businesses flourish. https://deloi.tt/2NaeMRD
Modernizing compliance: Moving from value protection to value creationDeloitte United States
More than 580 professionals in compliance (21.4 percent), internal audit (35.6 percent), risk management (17.7 percent), C-suite roles outside of compliance (22.6 percent) and corporate board members (2.7 percent) participated in a Deloitte Dbriefs webcast, titled “Modernizing compliance: Moving from value protection to value creation,” on March 30, 2017. Poll respondents largely work in the financial services (45.7 percent) and consumer and industrial products (23.2 percent) industries. https://www2.deloitte.com/us/en/pages/dbriefs-webcasts/events/march/2017/dbriefs-modernizing-compliance-moving-from-value-protection-to-value-creation.html
AI Use Expected to Increase in Risk and Compliance Efforts, But Few Have Ethi...Deloitte United States
According to a September 2019 Deloitte poll, nearly half of C-suite and other executives at organizations that use AI expect to increase its use for risk management and compliance efforts in the year ahead. Yet, few report that their organizations have an ethical framework in place for such AI use.
A recent Deloitte survey revealed that most Medicaid beneficiaries have the technology and appetite for digital health. How can states and managed care organizations do more to engage them? https://deloi.tt/2qNfGdX
In February 2017, some of the most preeminent US consumer packaged goods companies gathered in Boca Raton, Florida for the annual conference of the Consumer Analyst Group of New York (CAGNY). We listened and here is what we heard. For more information, visit http://deloi.tt/2ouxVBM
This document discusses common areas of financial statement disputes that arise during post-closing negotiations following a merger or acquisition. It identifies eight financial statement accounts - cash, revenue recognition, inventory, accounts receivable/accounts receivable reserves, pensions, contingent liabilities, accounts payable, and industry/GAAP past practices - that are frequently disputed. For each account, it provides examples of issues that cause disagreement between the buyer and seller such as how in-transit cash is defined, how revenue cut-off dates are set, and whether reserves have been over or under accrued. The document advises addressing these potential dispute areas carefully in the purchase agreement.
M&A Post-Closing Disputes: Commonly disputed financial statement accountsDeloitte United States
Gain insights into which financial statement accounts often lead to post-closing disputes between the parties to mergers and acquisitions transactions in this thought-provoking Dash on-demand webcast, presented by Jen Larson and Brian Lappen of Deloitte Financial Advisory Services LLP - Learn more:
http://www.deloitte.com/view/en_US/us/Services/Financial-Advisory-Services/Litigation-Dispute-Financial-Advisory/7c8c01f0ed5fb110VgnVCM100000ba42f00aRCRD.htm
"The AOC-4 form stands tall as a vital tool for businesses in the world of corporate financial compliance." AOC-4, these three letters signify more than simply a filing requirement; they are an important instrument for maintaining openness in a company's financial statements. This blog delves deeply into the relevance of the form, as well as the consequences that await those who fail to submit it on time. Let's analyze why fulfilling deadlines is non-negotiable as we negotiate the complex terrain of compliance."
Company liquidation can be a complex and challenging process, and understanding the legal requirements for company liquidation in Dubai, UAE is crucial for business owners and stakeholders.
How to Close a Limited Company When Retiring simpe new.pdfSimpleLiquidation1
Closing a limited company when retiring is a significant decision that requires careful planning and execution. Whether you are ready to retire and want to wind up your business or just exploring your options, it's essential to understand the steps involved in closing a limited company. In this article, we'll guide you through the process and provide insights into the various aspects of retiring and closing a limited company.
Corporate Reporting How Your Business Will Be Affected By Impending Regulat...LDorian
This document discusses upcoming changes to Canadian accounting standards and regulatory compliance requirements that will affect businesses. As of January 1, 2011, Canadian GAAP will no longer exist and all companies will need to adopt either IFRS or Accounting Standards for Private Enterprises. It outlines considerations for determining which standard is best for private companies. It also discusses key areas companies need to address when transitioning to a new standard, such as project planning, revising accounting policies, and financial statement preparation. Additionally, it describes how an organization called PowellDorian can provide services to help companies manage roles like corporate secretary, chief financial officer, and IFRS project management during the transition period.
Self-disrupt or self-destruct – Disruption in numbersDeloitte UK
Source: Deloitte Analysis
CEOs of all major consumer product companies face the twin challenges of responding to the disruptive innovation threat in their traditional businesses, while simultaneously harnessing these same forces to create the businesses of tomorrow and capture growth. The magnitude of the challenge means CEOs need to consider M&A as a strategic enabler to capture innovation-led growth. In our point of view, we take a deeper look at some of the challenges and examine how companies are using M&A strategically to win the battle for the consumer.
The document discusses Slater and Gordon, a leading law firm that floated on the stock market in 2007. It analyzes the firm's financial performance and accounting policies related to revenue recognition under IAS 18 and the newly adopted IFRS 15. Key points:
1) Slater and Gordon saw rapid growth and high shareholder expectations through an acquisition strategy. However, profits and share prices declined sharply in late 2015 when the firm adopted stricter IFRS 15 revenue recognition rules.
2) Under IAS 18, revenue was recognized based on work completed. But IFRS 15 requires revenue to be "highly probable" and contractually agreed to be recognized. This led to large write-downs of
Choosing an entity for your business in India- LLP vs Private LimitedThemis
A lot of entrepreneurs face difficulties in deciding what type of legal entity they should register their business as. After having dealt with hundreds of clients we have learned that this selection is critical as it has long term implications on the way you grow your business.
There are multiple factors to be considered before choosing a form of organization such as – liability and ownership, reporting & compliance, fund raising, exit plans, other related expenses and many more .
For the purpose of this presentation, we will concentrate on the two most popular and practical types of entities - Private Limited Company & Limited Liability Partnership.
The following slides will help you weigh the Pros & Cons between the two entities and help you with your decision making process.
The document provides an overview of financial reporting for entrepreneurs. It discusses key financial statements including the balance sheet, income statement, and statement of cash flows. It aims to help entrepreneurs better understand and explain financial statements to demonstrate the growth and strength of their business to various stakeholders. The presentation covers accounting principles, forms of business organizations, and components of the major financial statements.
Explores:
-IPO Process
-Impact of JOBS Act
-Quiet Period
-Management
-Board of Directors
-Corporate Governance
-Corporate and Capital Structure
-Equity Incentives
-Financial and Audit Matters
-Getting Started
-SEC Review
-Life as a Public Company
Webinar on benefits of incorprating of small business loansBiz2Credit
This document discusses the benefits of incorporating or forming an LLC for a business. It outlines several key benefits, including personal asset protection, tax flexibility through pass-through taxation, additional credibility from having "Inc." in the business name, less risk of an IRS audit, and name protection. It then provides an overview of the incorporation process, including entity types like C-Corps, S-Corps, and LLCs as well as considerations for where to incorporate.
Surviving and thriving in a post FASEA environmentnetwealthInvest
Dr Deen Sanders OAM, Partner - Governance, Regulation and Conduct at Deloitte, and previously inaugural CEO of FASEA, walks you through the impacts of the new education standards changes and how you can adapt and build a financial advice business that succeeds in the new environment.
The document discusses different types of business entities including sole proprietorships, partnerships, C corporations, S corporations, limited liability companies, and non-profit organizations. It provides an overview of key characteristics of each such as tax treatment, liability, and ease of setup. Sole proprietorships are the simplest but provide no liability protection, while corporations provide more liability protection but are more complex to set up and operate. The best structure depends on factors like costs, liability risks, and tax implications for each business.
Learn about the nondiscrimination testing requirements including Actual Deferral Percentage (ADP) test and
the Actual Contribution Percentage (ACP) test and the testing compliance deadline which is March 15, 2014 - O'Connor Davies - New York CPA Firm.
The Very Basics: Forming the Business (Series: The Start-Up/Forming the Busin...Financial Poise
So, you are an entrepreneur and want to start your own business (or you are an attorney, accountant, or other professional advisor working with one). One of the first decisions required is to choose a legal structure for the business and the jurisdiction of entity organization. What factors should be taken into consideration prior to selecting a legal structure and jurisdiction? Does a sole proprietorship, partnership, limited liability company or corporation (C- or S-corp) make the most sense? This webinar focuses on business formation and the pros and cons to the different legal structures, and includes tips on how to keep one’s personal assets safe from the claims of future creditors of the business.
To view the accompanying webinar, go to: https://www.financialpoise.com/financial-poise-webinars/the-very-basics-forming-the-business-2021/
Company incorporation occurs when two or more people—seven minimum for a public limited company—form a company with the intention of conducting legal business after their names are revealed in the memorandum of association and they comply with other legal conditions! Stated differently, company incorporation refers to the formal legal process used to form a company or corporate body. It entails taking the company’s profits and assets and dividing them from its investors and owners.
Listing equity in London A quick guide : by Berwin Leighton Paisner LLPDavid Solomon
Very good quick guide for Listing equity in London.
I promise my friends at BLP to introduce it to my network.
David Solomon
CEO, SOLOMON CAPITAL
www.solomon-capital.com
ECI FIRPTA - OPG Presentation 2015-06-24 FINAL DRAFTPaul Wiley
This document provides a summary of key concepts regarding effectively connected income (ECI) and the Foreign Investment in Real Property Tax Act (FIRPTA) for alternative investment managers. It discusses how certain investment and business activities conducted in the US, such as direct lending, loan origination, investments in partnerships, and interests in US real property, can generate ECI and be subject to US taxation. It also notes that otherwise safe harbored investment income and gains could be recharacterized as ECI if the underlying activities constitute a US trade or business. The document cautions managers to consider facts and circumstances carefully to avoid unintentionally generating ECI.
Financial advantages of business structuresA.W. Berry
Business structuring, whether it be a specific type of incorporation, adherence to a financial model or both, has significant effects on business' present and future financial standing, credibility and capacity. This makes structural decisions an important factor in the steering of businesses toward their intended functions and purpose.
Ähnlich wie Key CFO considerations before an acquisition (20)
Digital Asset Risk and Regulatory Compliance Expectations for 2024Deloitte United States
Executives involved in managing digital assets like digital currencies, digital securities, and stablecoins expect digital asset risks to increase and the regulatory environment to become more complex in 2024, according to a recent Deloitte poll . Related investments at most organizations are expected to remain flat.
According to a recent Deloitte poll, 57.2% of legal, risk and compliance professionals say their organizations have or will have a strategy for Generative AI within the next year.
Over 215 private equity investors (PEIs) and in-house, corporate M&A professionals (corporates) were polled online during a Deloitte webcast titled “Turning diligence insights into actionable integration steps” on July 25, 2023.
Emerging Technologies in Transformations Drive the Need for Evolving Internal...Deloitte United States
C-suite and other executives see artificial intelligence (AI) – which includes generative AI and machine learning – as the emerging technology that poses both the top risk (44.7%) and the top opportunity (35.9%) for their organizations’ internal controls environments in the year ahead, according to a new Deloitte poll.
Almost Half of Executives Expect Supply Chain Security Challenges in Year AheadDeloitte United States
Of over 1,000 C-suite and other executives, almost half (44.9%) expect an increase in the number and size of cyber events targeting their organizations’ supply chains in the year ahead, according to a new Deloitte poll. The expected increase seems to indicate higher go-forward concerns, as just 33.8% of respondents say their organizations experienced one or more supply chain cybersecurity events during the past year.
This document discusses pivotal moments for family enterprises and provides guidance on preparing for them. It covers topics like family business governance, assessing capital needs, succession planning, setting up a family office, and more. The goal is to help family businesses strengthen, grow, and evolve by identifying and preparing for important events. Strong governance structures and planning are presented as ways for family enterprises to build on their legacy and manage challenges, positioning them to capitalize on future opportunities.
Divestiture Trends: 2023 Could See More Sell-Offs, but Expect Lengthier and M...Deloitte United States
Against the backdrop of continued economic uncertainty, inflation and rising interest rates, nearly half (47.9%) of M&A professionals say they are likely to pursue a divestiture in the coming 12 months, according to a recent Deloitte poll. Among those contemplating divestitures, 40.4% of those polled say their organizations are likely to pursue 1-2 divestitures in the year ahead while 7.5% say their organization may pursue as many as 3-4.
Cash and Liquidity Management Confidence Levels Declining Among Executives, a...Deloitte United States
Despite high expectations of a recession in the next 18 months and declining confidence in cash and liquidity management, C-suite and other executives are turning to cost containment strategies and advanced technologies to ease concerns, according to a recent Deloitte poll.
The document discusses strategies for organizations to lead through disruption by managing cyber and business risk with confidence. It outlines 12 key objectives including protecting devices and operations through security, building trust with customers and data use, managing multifaceted risk through dynamic programs, and providing vision for growth. Each objective is described in more detail with considerations around stakes, needs, and potential outcomes.
This document provides summaries of forecasts from cybersecurity leaders at Deloitte about challenges and opportunities in 2023 and beyond. The forecasts focus on themes like the need for organizational resilience to manage multifaceted risks, growing emphasis on future-ready strategies to seize emerging opportunities, and importance of building trusted customer experiences through data-centric security and privacy. Deloitte can help organizations address complex cyber challenges through a unified approach to build new capabilities and move forward fast.
Few are Confident in Their Organizations’ Ability to Report on ESG FinancialsDeloitte United States
Less than half of professionals (45.7%) say they are confident in the ability of their organizations’ financial reporting teams to gather and report on environmental, social and governance (ESG) financial metrics for regulatory compliance purposes, according to a recent Deloitte poll.
Deloitte Poll: Legacy Tech Poses a Challenge to Zero Trust AdoptionDeloitte United States
C-suite and other executives at organizations adopting Zero Trust say complexity and compatibility issues with legacy systems and environments pose the greatest challenge to adoption (44.6%), according to a new Deloitte poll. Yet, Zero Trust adoption efforts at polled executives’ organizations will be driven in the year ahead by an expected increase in cyber threats (30.1%) and the need to better manage third-party risks (25.1%).
Private equity investors (PEI) could be early leaders when it comes to environmental, social and governance (ESG) efforts in M&A, according to a new Deloitte poll. Based on the data, PEIs lead their corporate M&A counterparts by factors of two and three when it comes to the use of ESG clauses in deal contracts and routine ESG due diligence.
Almost Half of Executives Expect a Rise in Cyber Events Targeting Accounting ...Deloitte United States
Nearly half (48.8%) of C-suite and other executives expect the number and size of cyber events targeting their organizations’ accounting and financial data to increase in the year ahead according to a new Deloitte Center for Controllership poll. Yet just 20.3% of those polled say their organizations’ accounting and finance teams work closely and consistently with their peers in cybersecurity.
Could M&A Activity be a Springboard for Controllership Transformation?Deloitte United States
- A poll of over 1,700 professionals involved in M&A deals found that 68.4% of organizations undertake finance transformation efforts as part of M&A activity, most commonly after a deal closes.
- When asked about challenges for the next 12 months, the greatest was identified as manual, outdated, or duplicative business processes (28.4%).
- In terms of implemented technologies as a result of M&As, analytics (21.2%) and workflows (21.1%) were most common.
- Over 60% of organizations expect to pursue 1-5 M&A deals in the next 12 months.
Putting intercompany accounting back in the spotlight: Controllership Perspec...Deloitte United States
In the year ahead, 40.6% of finance and accounting professionals say their organizations will increase the time and effort put into intercompany accounting (ICA) management, according to a new Deloitte poll.
Many C-suite Executives Say Their Organizations Want to Build Trust in Year A...Deloitte United States
In the next year, 61.3% of C-suite executives say that their organizations will work to improve trust levels with key stakeholders — including customers, employees, third parties and shareholders — yet few report having a C-suite-level leader in place to manage efforts (19%) and fewer still have a way to track stakeholder trust levels (13.8%), according to a new Deloitte poll.
Harvest Now, Decrypt Later Attacks Pose a Security Concern as Organizations C...Deloitte United States
Just over half of responding professionals at organizations considering quantum computing benefits believe that their organizations are at risk for “harvest now, decrypt later” (HNDL) cybersecurity attacks (50.2%), according to a new Deloitte poll.
2002’s Sarbanes-Oxley Act (SOX) led to the establishment of SOX 404 programs. Many, though, haven’t been updated since their inception, and don’t account for new developments in technology, business environment, and operating methods. What’s the first step in modernizing your SOX program? A SOX assessment can help you extract new value.
A new working relationship: Aligning organizations with the workforce of the ...Deloitte United States
According to a new poll from Deloitte’s Center for Controllership, public companies are facing significant challenges (more so than private companies) in the war for financial talent, including attrition caused by the Great Resignation which remains a top three issue.
The Steadfast and Reliable Bull: Taurus Zodiac Signmy Pandit
Explore the steadfast and reliable nature of the Taurus Zodiac Sign. Discover the personality traits, key dates, and horoscope insights that define the determined and practical Taurus, and learn how their grounded nature makes them the anchor of the zodiac.
During the budget session of 2024-25, the finance minister, Nirmala Sitharaman, introduced the “solar Rooftop scheme,” also known as “PM Surya Ghar Muft Bijli Yojana.” It is a subsidy offered to those who wish to put up solar panels in their homes using domestic power systems. Additionally, adopting photovoltaic technology at home allows you to lower your monthly electricity expenses. Today in this blog we will talk all about what is the PM Surya Ghar Muft Bijli Yojana. How does it work? Who is eligible for this yojana and all the other things related to this scheme?
Adani Group's Active Interest In Increasing Its Presence in the Cement Manufa...Adani case
Time and again, the business group has taken up new business ventures, each of which has allowed it to expand its horizons further and reach new heights. Even amidst the Adani CBI Investigation, the firm has always focused on improving its cement business.
Best Competitive Marble Pricing in Dubai - ☎ 9928909666Stone Art Hub
Stone Art Hub offers the best competitive Marble Pricing in Dubai, ensuring affordability without compromising quality. With a wide range of exquisite marble options to choose from, you can enhance your spaces with elegance and sophistication. For inquiries or orders, contact us at ☎ 9928909666. Experience luxury at unbeatable prices.
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...BBPMedia1
Nathalie zal delen hoe DEI en ESG een fundamentele rol kunnen spelen in je merkstrategie en je de juiste aansluiting kan creëren met je doelgroep. Door middel van voorbeelden en simpele handvatten toont ze hoe dit in jouw organisatie toegepast kan worden.
Cover Story - China's Investment Leader - Dr. Alyce SUmsthrill
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
Tired of chasing down expiring contracts and drowning in paperwork? Mastering contract management can significantly enhance your business efficiency and productivity. This guide unveils expert secrets to streamline your contract management process. Learn how to save time, minimize risk, and achieve effortless contract management.
SATTA MATKA DPBOSS KALYAN MATKA RESULTS KALYAN CHART KALYAN MATKA MATKA RESULT KALYAN MATKA TIPS SATTA MATKA MATKA COM MATKA PANA JODI TODAY BATTA SATKA MATKA PATTI JODI NUMBER MATKA RESULTS MATKA CHART MATKA JODI SATTA COM INDIA SATTA MATKA MATKA TIPS MATKA WAPKA ALL MATKA RESULT LIVE ONLINE MATKA RESULT KALYAN MATKA RESULT DPBOSS MATKA 143 MAIN MATKA KALYAN MATKA RESULTS KALYAN CHART
𝐔𝐧𝐯𝐞𝐢𝐥 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐄𝐧𝐞𝐫𝐠𝐲 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 𝐰𝐢𝐭𝐡 𝐍𝐄𝐖𝐍𝐓𝐈𝐃𝐄’𝐬 𝐋𝐚𝐭𝐞𝐬𝐭 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬
Explore the details in our newly released product manual, which showcases NEWNTIDE's advanced heat pump technologies. Delve into our energy-efficient and eco-friendly solutions tailored for diverse global markets.
Prescriptive analytics BA4206 Anna University PPTFreelance
Business analysis - Prescriptive analytics Introduction to Prescriptive analytics
Prescriptive Modeling
Non Linear Optimization
Demonstrating Business Performance Improvement
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Final ank Satta Matka Dpbos Final ank Satta Matta Matka 143 Kalyan Matka Guessing Final Matka Final ank Today Matka 420 Satta Batta Satta 143 Kalyan Chart Main Bazar Chart vip Matka Guessing Dpboss 143 Guessing Kalyan night