Accounting

 Businesses Turn to Cyber Insurance After Recent Breaches

December 15, 2016 

Businesses Turn to Cyber Insurance After Recent Breaches

U.S. insurers are becoming more skilled at underwriting and pricing stand-alone cyber insurance policies as businesses show a greater interest in protecting themselves from data breaches and attacks, according to the Insurance Information Institute.

GrowthImage1

December 15, 2016 

Most Small Businesses Expect Growth in 2017

Despite overall positive findings, the survey did uncover a disparity in plans for growth between men- and women-owned businesses. Among women owners, a quarter have no growth plans. At men-owned businesses, the figure is just 11 percent.

GoDaddyLogo 1  5852bec0dad24

December 15, 2016 

GoDaddy Adds Apple Pay Functionality and Mobile Features

With Apple Pay, shoppers can complete purchases from their iPhones in a tap without having to type in any credit card information. As with all Apple Pay transactions, card details are encrypted end to end, giving consumers a safe way to make purchases.

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December 14, 2016 

Businesses More likely to Pay Ransomware than Consumers

70 percent of businesses infected with ransomware have paid ransom to regain access to business data and systems, according to a new study from IBM Security. In comparison, over 50 percent of consumers surveyed said they would not pay to regain access...

 FASB Issues Changes to Accounting Guidance

December 14, 2016 

FASB Issues Changes to Accounting Guidance

The amendments in the ASU apply to all reporting organizations—including public companies, private companies, and not-for-profit organizations—within the scope of the affected accounting guidance. For that reason, reporting organizations should review...

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December 14, 2016 

Retailers Increase Imports as Holiday Shopping Continues

Imports at the nation’s major retail container ports are expected to be up 3.2 percent this month over the same time last year as stores bring in the last of the merchandise for the holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “There’s...…

 New Lease Accounting Standards Have Finance Depts Working Overtime

December 13, 2016 

New Lease Accounting Standards Have Finance Depts Working Overtime

In some sectors, respondents expect to spend considerably more time and effort on lease accounting implementation. These sectors include: automotive (77.1 percent); health plans (65.9 percent); health care providers (62.8 percent); industrial products ...

valuation 56b8af5f6237a

December 9, 2016 

5 Ways Web-Based Software Helps Business Valuations

Web-based software solutions, which users access through their web browser and do not require a download or installation, provide plenty of benefits to a business valuation practice. Here are some of the advantages over tools that are housed on the ...

Risk 1  5703fc2846215

December 9, 2016 

The Top 10 Business Risks of 2017

Recent global uncertainties and their potential effects on businesses are top of mind for board members and executive management teams as they assess their risks for 2017, according to the results of the fifth annual survey of business executives by ...

CFO-Optimism

December 8, 2016 

Business Execs Optimistic on Economy Post Election

Business executives reported a strong surge in optimism about prospects for the U.S. economy over the coming year, according to the American Institute of CPAs’ (AICPA) fourth quarter Economic Outlook Survey, which polls chief executive officers, chief ...