Accounting

Industrial Logistics Properties Trust Announces 2020 Dividend Allocation

Tuesday, January 19, 2021 - 9:30pm

(3) Unrecaptured Section 1250 Gain is a subset of, and included in, the Total Capital Gain amount.

Key Points: 
  • (3) Unrecaptured Section 1250 Gain is a subset of, and included in, the Total Capital Gain amount.
  • Industrial Logistics Properties Trust is a real estate investment trust, or REIT, that owns and leases industrial and logistics properties throughout the United States.
  • A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
  • No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

Intuit Builds on Resources to Help Self-Employed and Small Businesses Understand Available Relief Under New Congressional Aid Package

Tuesday, January 19, 2021 - 5:01pm

The Intuit Aid Assist PPP estimator tool also provides links to SBA resources and additional information to help eligible customers take the next step in applying for federal relief.

Key Points: 
  • The Intuit Aid Assist PPP estimator tool also provides links to SBA resources and additional information to help eligible customers take the next step in applying for federal relief.
  • Additionally, IAA includes a tax credit estimator tool that can help businesses identify what savings they may qualify for under the federal tax code.
  • Intuit will update these IAA tools in the coming weeks with additional information to help small businesses and the self-employed understand what they may be eligible to receive through federal relief programs.
  • The Coronavirus Response and Relief Supplemental Appropriations Act of 2021, a $900 billion relief package, includes an additional $284.45 billion in PPP funding to help small businesses.

Cetera and Riskalyze Form Strategic Alliance to Create Best in Class Risk Management Ecosystem for Financial Professionals

Tuesday, January 19, 2021 - 5:08pm

The two companies are aligned in their belief that risk management for investors and business risk for financial professionals represent two of the professions greatest challenges year after year.

Key Points: 
  • The two companies are aligned in their belief that risk management for investors and business risk for financial professionals represent two of the professions greatest challenges year after year.
  • They werent looking to add a vendorthey want to create a uniquely comprehensive and consistent approach for their financial professionals to benchmark, measure, document and analyze risk for investors.
  • After a thorough vetting and due diligence process, Cetera chose Riskalyze for its ability to centralize and standardize client risk measurement throughout the Cetera ecosystem.
  • "Cetera Financial Group" refers to the network of independent retail firms encompassing, among others, Cetera Advisors LLC, Cetera Advisor Networks LLC, Cetera Investment Services LLC (marketed as Cetera Financial Institutions or Cetera Investors), Cetera Financial Specialists LLC, and First Allied Securities, Inc. All firms are members FINRA / SIPC.

Michael Green to Lead Baker Tilly Life Sciences Practice

Tuesday, January 19, 2021 - 4:33pm

Leading advisory, tax and assurance firm Baker Tilly US, LLP (Baker Tilly) appoints Partner Michael Green to lead the firms life sciences practice.

Key Points: 
  • Leading advisory, tax and assurance firm Baker Tilly US, LLP (Baker Tilly) appoints Partner Michael Green to lead the firms life sciences practice.
  • Green joined Baker Tilly in 2020 when California-based accounting and advisory firm Squar Milner, LLP combined with Baker Tilly.
  • Baker Tilly US, LLP is a member of the Baker Tilly International network, the members of which are separate and independent legal entities.
  • Baker Tilly refers to the global network of accounting firms of Baker Tilly International Limited.

Visual Lease Reports Strong End to 2020

Tuesday, January 19, 2021 - 3:00pm

Visual Lease , the #1 lease optimization software, today announced its 2020 business results, citing a 22 percent increase in revenue year-over-year, making it the third straight year that Visual Lease experienced double-digit growth.

Key Points: 
  • Visual Lease , the #1 lease optimization software, today announced its 2020 business results, citing a 22 percent increase in revenue year-over-year, making it the third straight year that Visual Lease experienced double-digit growth.
  • This year, lease compliance is front and center for more than 125,000 companies in the U.S., said Joe Fitzgerald, SVP of Lease Marketing Strategy at Visual Lease.
  • Visual Lease is the #1 lease optimization software for managing, analyzing, streamlining and reporting on lease portfolios.
  • Committed to ongoing innovation and unparalleled customer service, Visual Lease helps organizations transform their lease compliance requirements into financial opportunities.

Wolters Kluwer’s CT Corporation Unveils UCC Hub

Tuesday, January 19, 2021 - 2:58pm

Wolters Kluwer CT Corporation has launched UCC Hub, a total UCC filing solution that combines the award-winning IntelliChart and UCC Filing Hub technologies.

Key Points: 
  • Wolters Kluwer CT Corporation has launched UCC Hub, a total UCC filing solution that combines the award-winning IntelliChart and UCC Filing Hub technologies.
  • As our customers look for automated tools to increase value and accuracy, CT Corporation is pleased to offer the first total UCC Solution for law firms, said John Weber , President and CEO of Wolters Kluwer CT Corporation.
  • UCC Hub users benefit from the intuitive workflows and automation provided in the UCC Hub to accurately handle the UCC due diligence needs for each deal quickly and efficiently.
  • The UCC Hub is available today and for more information on how the UCC Hub can transform your UCC due diligence workflow visit our dedicated webpage .

LBMC Announces Key Leader Acquisition Further Strengthening Commitment to Healthcare and Private Equity Backed Companies

Tuesday, January 19, 2021 - 2:10pm

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    Smith has more than 20 years of experience providing audit and advisory services to investor-owned healthcare companies across the southeast with concentrations in pharmaceutical manufacturers and distributors, skilled nursing operators and behavioral healthcare companies.
  • Complementing his deep healthcare experience, Smith has served manufacturers, distributors, and professional service companies under private equity ownership and subject to SEC reporting requirements.
  • I am pleased to welcome Matt Smith to LBMC, said Andrew Bissonnette , LBMC Healthcare Practice Leader.
  • Matt understands at a deep level the nuances of the healthcare and private equity landscape, and his expertise perfectly complements our healthcare advisory practice.

Genesis Appoints Dr. Derar Islim as Chief Operating Officer

Tuesday, January 19, 2021 - 2:00pm

Genesis , an industry pioneer and leader in digital currency prime brokerage services, today announced it has named Dr. Derar Islim as Chief Operating Officer.

Key Points: 
  • Genesis , an industry pioneer and leader in digital currency prime brokerage services, today announced it has named Dr. Derar Islim as Chief Operating Officer.
  • As the firms first Chief Operating Officer, Dr. Islim will assume the role effective immediately.
  • Dr. Islim joined Genesis in May 2020 as the firms Vice President and Head of Business Development.
  • Prior to joining Genesis, Dr. Islim served as Head of Risk at Hard Yaka, a San Francisco-based venture capital firm.

LeanIX CEO André Christ Calls for a Shift Towards Continuous Transformation

Tuesday, January 19, 2021 - 1:00pm

LeanIX CEO and co-founder, Andr Christ, claims the need to rethink the fundamentals of how we approach project planning in the future.

Key Points: 
  • LeanIX CEO and co-founder, Andr Christ, claims the need to rethink the fundamentals of how we approach project planning in the future.
  • Christs main vision for 2021 IT trends is the shift away from one-off digital transformation initiatives and the move toward architecting for continuous change.
  • For companies to remain competitive, their goal should be continuous transformation, said Christ.
  • More than 40 certified partners such as Deloitte, Cognizant and PwC rely on the dynamically-growing IT company co-founded in 2012 by LeanIX CEO Andr Christ.

FERF Report Reveals Biggest ICFR Pain Points for Large Public Companies

Tuesday, January 19, 2021 - 1:05pm

Financial executives with accounting knowledge and IT talent are in great demand and therefore hard to find in today's labor market.

Key Points: 
  • Financial executives with accounting knowledge and IT talent are in great demand and therefore hard to find in today's labor market.
  • The right technology partners will provide companies with training channels to help bring existing staff up to speed to a proficiency level that can be highly beneficial to the companies' overall ICFR strategies."
  • About Financial Education & Research Foundation, Inc.
    Financial Education & Research Foundation (FERF) is the non-profit 501(c)(3) research affiliate of Financial Executives International (FEI).
  • FERF relies primarily on voluntary tax-deductible contributions from corporations and individuals, and publications can be ordered by logging onto http://www.financialexecutives.org/Research.aspx .