Accountants play a critical role in business as they have access to intimate financial information. However, some have failed to value the importance of ethics and compliance. Here's an infographic of why you should ensure to practice ethical standards in your accounting profession. Join our webinar: Understanding Ethics in the Accounting Profession: A Comprehensive Guide Upcoming Webcasts Upcoming Webcasts back
Accountants are professionals; hence, they are expected to act like one. They’re the key personnel who can access the intimate financial information of individuals and businesses. With such a crucial responsibility, they must abide by the rules and values in the accounting profession known as ethics. According to Oprah Winfrey, “Real integrity is doing the right thing, knowing that nobody's going to know whether you did it or not.” It takes a lot to be honest and sustain integrity in the face of many temptations. For this reason, not all accountants can stay true to their [...]
Here are some business activities that create nexus (tax obligations) for your business Don't miss our upcoming webinar: What’s Next in the M&A Market: Potential Hurdles and State Tax Considerations Upcoming Webcasts Upcoming Webcasts back
The mergers and acquisitions (M&A) space rose to unprecedented heights in 2021 due to low-interest rates, easy access to capital, and a booming stock market. And although M&A activity slowed down in 2022, it is expected to bounce back to pre-pandemic levels in the coming year. But with major geopolitical, financial, and regulatory headwinds ahead, buyers and sellers must keep up with current developments to successfully navigate the changing tides of M&A transactions. Avoiding Tax Issues in M&A Transactions The process companies undergo when negotiating M&A deals is fraught with issues, especially when it comes to [...]
Have you heard of social engineering? It remains to be a huge threat to many businesses today, as it takes advantage of human weakness. Here's an infographic of how it works! To defend against a wide range of business risks, contact Cyberint Join our webinar Trust Me, I’m an Engineer: Escaping the Traps of Social Engineering Upcoming Webcasts Upcoming Webcasts back
What is social engineering, and how does it work? Social engineering is a psychological manipulation technique to deceive someone into divulging sensitive information and data. Most social engineering attacks use urgency and fear to manipulate the target to enable access to a data network, provide a username and password, or click a malicious link. The fraudster may take advantage of human weakness by using a legitimate-looking email to disguise himself as IT or helpdesk personnel and coaxing the target to reveal credentials. As the modern world becomes hyperconnected, social engineering attacks will continue to grow in [...]
The current state of the market across industries reflects in the way companies adapt and respond to changes impacting a wider aspect of better financial service. These changes are tied up with expanded economic transitions that are taking place today after the hard shocks from the Covid-19 pandemic hit us. On the compliance front, most businesses are gearing up to meet compliance requirements within a specified timeframe. In particular, accounting challenges in the leasing sector include achieving compliance in the wake of new accounting standards: Financial Accounting Standards Board (FASB), ASC 842, and International Accounting Standards [...]
With the introduction of new lease accounting standards, lease management has become essential for companies to foster growth and maintain compliance. In this infographic, explore 5 steps on how your organization can leverage leases to make strategic decisions! Check out our upcoming webcast: Trends, Challenges, and Opportunities in Commercial Real Estate Finance For more information on how to unlock value from your lease portfolio, contact Visual Lease. Upcoming Webcasts Upcoming Webcasts back
With the ever-changing regulatory landscape impacting corporate tax compliance processes, more and more organizations are starting to understand that being tech-savvy, data-driven, and predictive is the need of the hour. Specifically, heightened regulatory changes pose greater exposure to noncompliance risks, leaving increased pressure on tax teams to keep pace. Automating your tax processes could help mitigate risks and alleviate the burdens of your team. Besides creating a smoother and faster process, automation also improves quality. Here's more of what tax automation can offer: Better Control – tax automation eliminates manual recording and compilation, thus helping drive [...]
How can sales tax solutions keep your business moving forward? Find out in this infographic! Join our upcoming webinar: Transforming Businesses with Tax Automation: Effective Tools and Best Practices Solve Tax for Good® Everywhere You Do Business Get in touch with Sovos Upcoming Webcasts Upcoming Webcasts back
Discover the 5 simplified solutions for a resilient supply chain in this infographic! Join our webcast: Supply Chain Risk Management in the Retail Industry Get in touch with Inspectorio to learn more about how you can empower your production chain Upcoming Webcasts Upcoming Webcasts back
Globalization has allowed companies to reach new consumers in new markets, significantly increasing their customer reach and profitability. However, pandemic-related lockdowns, labor shortages, and major geopolitical issues have revealed the complex and fragile nature of supply chains. To deal with supply chain inefficiencies, organizations have invested in complementary tools, particularly enterprise resource planning (ERP) and product lifecycle management (PLM) solutions. These tools, however, have limited scalability and global outreach. Additionally, some manufacturers still use disconnected systems, which can lead to certain issues, including poor visibility, communication silos, and low efficiency. Hence, for brands and retailers to [...]
Discover best practices to avoid falling victim to ACH fraudsters in this infographic! How We Can Help Join our upcoming webinar Fraud in the ACH Network: Prevention, Detection, and Risk Mitigation Prevent, detect and mitigate ACH fraud, get in touch with Corpay Upcoming Webcasts Upcoming Webcasts back
What is ACH Fraud? ACH fraud is fraudulent access to an account to make unauthorized payments and purchases. Fraudsters can execute an ACH fraud by getting the business checking account number and bank routing number. By obtaining that information from targets, criminals can initiate purchase of goods and services or pay off debts. Common ACH Fraud Schemes Overseas money transfers -An ACH scam that happens when a fraudster sends you an email or letter asking you to help them move a large amount of money out of the country. Usually, they say that it's due [...]
Ransomware is a type of malware that encrypts your data and then charges you a ransom to decrypt it. This can be devastating, especially if you don't have backups of the files. There are two main types of ransomware: known and unknown. Known ransomware is where the attacker has a specific target in mind, such as a certain company or individual. Unknown ransomware is where the attacker will try to infect as many people as possible in the hopes that someone will pay the ransom. Storage and backup ransomware threats are particularly dangerous because they can [...]
