Freddie Mac has offered early retirement to around 25% of its staff as it begins to overhaul its workforce amid a broader push by the Trump administration to reform the housing finance giant, according to four people briefed on the matter.
Archives for 2019
New FASB standard aims to simplify accounting for income taxes
FASB issued a standard Wednesday that is intended to simplify accounting for income taxes. The standard removes specific exceptions to the general principles in FASB ASC Topic 740, Income Taxes. In addition, the standard eliminates the need for an organization to analyze whether the following apply in a given period: Exception to the incremental approach […]
SEC proposes expanding access to private markets
More investors would have access to private capital markets under a proposal issued Wednesday by the SEC. The proposal would amend the definition of “accredited investor” to permit more investors to participate in private offerings. Accredited investors are institutions and individuals deemed by the SEC to possess the knowledge and expertise to participate in private […]
Proposal would delay lease accounting effective date for federal entities
Implementation struggles experienced by federal agencies have prompted the Federal Accounting Standards Advisory Board (FASAB) to propose delaying the effective date of its standards for accounting for leases for two years. Under the proposal, Statement of Federal Financial Accounting Standards (SFFAS) 54, Leases: An Amendment of SFFAS 5, Accounting for Liabilities of the Federal Government, […]
More significant movement at the edge
In his latest Ecosystem column, Antony Savvas charts recent developments at the edge and new ownership for IoT corporate verticals. Partnerships have become a key focus for Vodafone Business’ strategy in recent times, and we have previously covered the company’s partnership with IBM and there is a newer partnership with Google – where Vodafone is […]
Nationwide Express Delivers the Speed Today’s Customers Expect
A dev team inside the insurance company took on the task of reducing insurance quote times for customers from 30 minutes to 2 minutes. Here’s how.
New Technology Adoption: Not an All or Nothing Proposition
You can’t deploy technology and hope people use it. Adoption requires dedicated effort behind it. Time to unleash your technology cheerleaders.
Bank of England to test climate risks at banks and insurers in 2021
Britain’s top banks and insurers should be tested together for the first time in 2021 to quantify the potential financial hit from climate change to their businesses, the Bank of England proposed on Wednesday.
Nifty, Sensex end higher; IT, metal stocks shine
Indian shares ended higher on Wednesday, after hitting record highs earlier in the session, boosted by metal, auto and information technology stocks.
New features in Azure Monitor Metrics Explorer based on your feedback
A few months ago, we posted a survey to gather feedback on your experience with metrics in Azure Portal. Thank you for participation and for providing valuable suggestions! We want to share some of the insights we gained from the survey and highlight some of the features that we delivered based on your feedback. These […]