Richard Jones, who has spent 32 years at EY, will succeed Russell Golden as FASB’s chair when Golden’s term expires at the end of June, the Financial Accounting Foundation (FAF) board of trustees announced Thursday. Jones will join FASB early next year to enable an orderly leadership transition. He is chief accountant and partner at […]
Archives for December 2019
5th Circuit invalidates health care law’s individual mandate
The Fifth Circuit held on Wednesday that the “individual mandate” under Sec. 5000A, which imposes a “shared responsibility payment” on taxpayers who do not obtain health insurance that provides at least minimum essential coverage, is unconstitutional now that the payment amount has been reduced to zero (Texas, No. 19-10011 (5th Cir. 12/18/19)). The individual mandate […]
AICPA issues TQAs related to Sec. 163(j), GASB 84
The AICPA issued separate Technical Questions and Answers on Thursday to provide nonauthoritative guidance in response to the amendment of Internal Revenue Code Sec. 163(j) and related to GASB’s fiduciary activities guidance. Technical Questions and Answers (TQAs) 3300.01–.02 provide guidance relevant to Sec. 163(j), which was amended in 2017 to limit the deduction for business […]
Honda Leaks Data of 26K North American Customers
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Bank of England supplier gave clients head start on briefings
A rogue supplier has been misusing audio feeds from Bank of England (BoE) news conferences this year, the central bank said, giving traders access to potentially market-moving information seconds before rivals.
Rogue Bank of England supplier gave clients head start on briefings
The Bank of England (BoE) has admitted that a rogue supplier has been misusing feeds from its press briefings since earlier this year, giving high-speed traders access to potentially market-moving information seconds before rivals.
Azure Lighthouse: The managed service provider perspective
This blog post was co-authored by Nikhil Jethava, Senior Program Manager, Azure Lighthouse. Azure Lighthouse became generally available in July this year and we have seen a tremendous response from Azure managed service provider communities who are excited about the scale and precision of management that the Azure platform now enables with cross tenant management. […]
Connecting Microsoft Azure and Oracle Cloud in the UK and Canada
In June 2019, Microsoft announced a cloud interoperability collaboration with Oracle that will enable our customers to migrate and run enterprise workloads across Microsoft Azure and Oracle Cloud. At Oracle OpenWorld in September, the cross-cloud collaboration was a big part of the conversation. Since then, we have fielded interest from mutual customers who want to […]
Tips for learning Azure in the new year
As 2020 is upon us, it’s natural to take time and reflect back on the current year’s achievements (and challenges) and begin planning for the next year. One of our New Year’s resolutions was to continue live streaming software development topics to folks all over the world. In our broadcasts in late November and December, […]
On-demand connectivity services deliver on the needs of IoT applications
Every second, 127 everyday items are connected to the internet, according to McKinsey & Company. From home security systems, dishwashers and washing machines to wearables, autonomous vehicles and much more, the integration of connected technology into our daily lives is quickly becoming a reality. Thanks to inexpensive processors and advanced wireless networks, says Adolfo Perez-Duran […]