Mon.Feb 22, 2021

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The Importance of Scenario Analysis in Financial Planning

BurklandAssociates

You’ve built a budget and regularly update your forecast of full year results. Great. Now you should add conservative and aggressive forecast scenarios. Companies of every size, but especially startups, Read More. The post The Importance of Scenario Analysis in Financial Planning appeared first on Burkland.

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Avoiding Fraudulent Estate Transfers

RogerRossmeisl

If you have an estate plan and also have creditors, you could be a fraud perpetrator — without knowing it or intending to defraud anyone. In some circumstances, creditors can challenge gifts, trusts and other strategies for leaving assets to heirs as fraudulent transfers. Here’s how to keep your estate plan from running into trouble. 2 types Most states have adopted the Uniform Fraudulent Transfer Act (UFTA).

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Managing post-Brexit supply chain disruption

ThomsonReuters

The United Kingdom and European Union narrowly avoided the worst of Brexit’s possible outcomes when the EU-UK Trade and Cooperation Agreement (TCA) was signed on Dec. 24, 2020, a week before the Jan. 1 deadline for trade negotiations. News of the accord may have allowed supply chain managers to breathe a brief sigh of relief, but there are still plenty of changes in the 1,246-page agreement that will significantly impact post-Brexit supply chains for years to come.

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How to Read a Financial Statement

Withum

“How to Read and Analyze a Financial Statement” is the topic of my next Take A Business Break program at the East Brunswick Public Library on this Thursday Feb. 25 at Noon.

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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Definition of a Ponzi Scheme

FraudFiles

Tracy Coenen explains what a Ponzi scheme is: a specific type of investment scheme in which the perpetrator recruits investors and then pays their “investment returns” with money from new investors.

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Trader vs. Investor Funds

Withum

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Fraud Detection and Prevention for the Restaurant Industry

Withum

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Last Week in Payroll: Payroll in a Pandemic

ThomsonReuters

The first recorded use of the word “payroll” appeared around 1740 A.D. to describe the total amount of money paid to a business’s employees over a period of time. Over time, payroll has become much more than just paying wages to employees. It also has to do with a wide variety of topics such as reporting and paying taxes and keeping in compliance with laws.

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Construction Company Reimagines Project Estimation Process With Microsoft Power Automate

Withum