• Financial Analysis

    U.S. Financial Reporting Is Stuck in the 20th Century

    One of the most important uses of financial statements is to enable investors to make timely decisions about buying and selling stocks. In the simplest analysis, an investor makes money by buying shares cheap and selling when it becomes overpriced. Value investors rely on multiple, often complicated, methods to make trading decisions. One way relies on income statement (profits) and balance sheets (assets) to identify cheap or expensive stocks. But current accounting rules require that funds companies spend on innovation, product development, information technology and other investments in the future should not be reported as assets and must be treated  

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  • Financial Analysis

    Are Livestream Concerts Worth it for Bands? A Detailed Financial Analysis.

    UPDATE, December 16: We have published a new article with revised finances based on information obtained after this one was published. Read that update here. Original Post: The livestream industry has exploded as the pandemic has shut down live concerts for the past nine months, with no visible end on the horizon. With their primary source of income completely gone, bands have been experimenting with the format in an attempt to generate some money for themselves while keeping their fans engaged. But how successful have those efforts been? Putting on full production livestream shows is expensive, and while the  

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  • Financial Management

    DHS financial management support buy runs into a protest snag — Washington Technology

    DHS financial management support buy runs into a protest snag The Homeland Security Department is trying to use a $1 billion multiple award blanket purchase agreement to support its chief financial officer but the effort has run into a protest from a disappointed bidder. DHS tapped Accenture, CACI International, CGI Federal, Deloitte, General Dynamics IT, IBM and Savantage for a variety of services to modernize IT systems and business processes for the department’s CFO under a BPA know as DHS Enterprise Financial Systems Integrator. But not on the list of winners was Creoal Consulting, a 14-year-old consulting firm that specializes  

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  • Financial Management

    Why MassMutual is acquiring a cash management fintech for RIAs

    Even insurance companies are jumping on the cash management bandwagon. Mass Mutual Life Insurance Company is acquiring Flourish, an advisor fintech firm, from Stone Ridge Holdings Group for an undisclosed amount. The fintech is best known for Flourish Cash, which allocates client cash to a network of FDIC-member banks to earn a higher annual interest rate — 0.70{de3fc13d4eb210e6ea91a63b91641ad51ecf4a1f1306988bf846a537e7024eeb} —, than the national average of 0.05{de3fc13d4eb210e6ea91a63b91641ad51ecf4a1f1306988bf846a537e7024eeb}. MassMutual is also acquiring Stone Ridge Securities, the broker-dealer arm of Stone Ridge that offers Flourish Cash. Insurers are looking to tap into advisors’ growing demand for downside protection products, says Scott Reddel, head of  

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  • Financial Management

    Revolution Capital acquires Grand Financial Management Inc.

    Acquisition broadens access to capital in Canadian factoring industry at a critical time TORONTO, Dec. 16, 2020 /PRNewswire/ – Revolution Capital, the leading provider of factoring and cash-flow financing in Canada and the United States, has acquired Grand Financial Management Inc (GFM), specialists in providing factoring facilities for the Canadian transportation and staffing industries. The acquisition extends the availability of Revolution Capital’s transportation factoring and staffing factoring services to an even greater share of the Canadian market and leverages GFM’s highly respected sales team to provide GFM clients with flexible access to a greater amount of funding than  

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  • Loans With Collateral

    Funding Your Business With A Personal Loan? 14 Things To Consider First

    Starting a business can be a costly endeavor, but there are many financing options that can help you fund a startup. One popular option for entrepreneurs who don’t want to pursue venture capital or give away equity in the business is taking out a personal loan.  While personal loans can be an easily accessible financing option, you should think long and hard before going through with this or any other funding plan. To help inform your decision, we asked a panel of experts from Forbes Finance Council about the most important considerations an entrepreneur needs to remember before securing a  

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  • Loans With Collateral

    Can I use my car as collateral for a loan?

    If you need a personal loan but are having trouble either finding a low rate or getting qualified, you may need to turn to secured loan options. Secured loans require collateral, or an asset that the lender may repossess should you fail to repay the loan. Some lenders let you use your car as collateral for a loan, but there are a few things to know before going this route. © mimagephotography/Shutterstock Man stands outside of his car Can I use my car as collateral for a loan? In short, it is possible to use your car as collateral  

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  • Loans With Collateral

    How to Get Approved for a Personal Loan

    There are many reasons for wanting to get approved for a personal loan. You may be looking to pay off high-interest credit cards, finance a dream vacation, or pay for a wedding. First though, you’ll need to know how to get approved for a personal loan. Whatever type of personal loan you need, and whether you apply through a bank, credit union or online lender, here’s how to get approved for a personal loan. And when you’re ready to apply, check our list of top-rated personal loan lenders to find the right lender for you. Improve your credit score Before  

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