CPA Australia Podcast Transcript - Episode 36
|
|
- Amberlynn Webb
- 5 years ago
- Views:
Transcription
1 CPA Australia Podcast Transcript - Episode 36 Intro: Hello and welcome to the CPA Australia Podcast, your source for business, leadership, and public practise accounting information. Welcome to the CPA Australia Podcast on why charities are opting for audits instead of reviews of their financial reports. I'm Claire Grayston, CPA Australia's policy advisor on audit and assurance and with me is Mel Yates, director of reporting in red tape reduction at the Australian Charities and Not for Profit Commission. Thank you, Mel, for joining us. Thank you very much for having me. Firstly, I note that not all charities are required to have an audit annually over their financial report. So, perhaps you could outline the requirements for different charities? Absolutely. So what we'll talk about today is the ACNC reporting framework. So a note that there are currently transitional reporting arrangements in place, so for ACNC, registered charities that might be an incorporated association with a state or territory, or a cooperative or a charitable fundraising organisation, in many cases, those organisations can submit the same financial report that might be prepared for another state or territory regulator. Even if it doesn't meet the ACNC reporting requirements, they can still submit that to the ACNC, so I just want to put that condition out there, but in terms of the ACNC reporting framework, the size of a charity is based on the annual revenue for the reporting period. So small charities are those with revenue of up to $ Medium charities are those with a revenue of $ up to $1 million, and then large charities are those with a revenue of $1 million or more. So essentially, what we're talking about really is that medium category where the revenue is $250000, up to $1 million. Now, those charities can either have a review done or they can get an audit done if they would like, whereas large charities with $1 million or more, they have to have an audit of their financial reports. So you've just said that medium charities can obtain an audit or a review. Can you explain the difference between these two types of engagements? Yeah, absolutely. A review, on one hand, really provides limited assurance and it would generally involve less detailed procedures, so the assurance practitioner or the person who's conducting the review would need to state whether anything came to their attention that causes them to believe the financial report does not meet the requirements of the ACNC Act, and that's in all material aspects. A review conclusion is a lower level of assurance than an audit
2 opinion, and if we compare that to an audit, an audit is a positive opinion as to whether the charity's financial report meets the requirements of the ACNC Act. Now, in terms of a review, so a review, when a review is done, the charity still needs to provide all of the information, explanation, and assistance that might be needed by the person who's performing the review. Charity still needs to keep all financial records so that a financial report can be prepared and it is able to be reviewed, and they also have the standard record keeping requirements under the ACNC act. So the difference between the two is really the level of assurance that is provided. So given there's a high level of assurance for an audit and a lower level of assurance for review, how would a charity choose between the two? That's a really good question. So, some of the things that a charity might think about is what level of assurance do they want? Are they comfortable with limited assurance or do they want a more positive opinion and therefore, do they want an audit conducted? Also, what we find is that many charities, within their constitution or their rules, actually have a requirement to have an audit of their financial report, so that's up to charities because they have the ability to potentially change their constitution or change their rules so that they may not need an audit of their financial report. Other considerations would involve cost, so generally speaking, an audit would be more costly than a review. There's also the time requirements and other resources which may be required to complete an audit, which would generally be longer than a review, and it's also accessibility as to who can provide a review or an audit. So, if we think about some charities which may be in perhaps remote or isolated locations, they may not have the same options available to a charity that might be located in perhaps Sydney or Melbourne in terms of getting the expertise to complete the review or the audit that they need to have done. So who can conduct an audit or a review of a charity? Sure. So a review, first of all, which is an option for medium-sized charities, a registered company auditor, an audit firm, an authorised audit company, or a current member of a relevant professional body. So in the case of CPA Australia, someone who holds a CPA or FCPA designation is able to complete a review for a medium charity. Now in terms of an audit, an audit must be undertaken by a registered company auditor, an audit firm, or an authorised audit company. Now what is the same for both a review and an audit is that there needs to be independence, so the reviewer or the auditor has to complete an independence declaration as part of the engagement in both cases. So that applies for both a review and an audit, and that's really outlining that there's not been any contraventions of any applicable code of professional conduct in respect of the
3 engagement, or the only contraventions of any applicable codes of professional conduct are those explained within the declaration itself. So you mentioned that if an audit is conducted, that the charity needs to use a registered company auditor, but if a small charity, which isn't required to have an audit or a review, elects to prepare a financial report and obtain an audit, will they also need to use a registered company auditor? That's a really good question, Claire, because what we find is that there is a different definition of audit, so in the context of the ACNC reporting framework, we've just outlined that an audit has to be done by a registered company auditor, an audit firm, or an authorised audit company, but in some of the states and territories, the term audit refers to what we consider a lower level of assurance and what we equate to something like a review, so who can conduct a review is a wider population and includes members of the professional bodies, for example CPA Australia, someone who holds a CPA or FCPA designation. So it's an interesting question that you refer to small charities and whether they do need to have their financial report audited because under the ACNC reporting framework, if a small charity prepares financial reports, then there's no assurance requirements associated with those, but under the ACNC reporting framework, it specifies who needs to undertake the audit, and it also specifies that the audit needs to be conducted in accordance with auditing standards, so we have this funny situation where small charities don't have a mandatory requirement to submit a financial report or get an audit, but where the charity provides the reports to the ACNC, we'll publish them on the charity register, and obviously there aren't mandatory assurance requirements, but under the ACNC legislation, it does say that where an audit is completed, it has to be completed by a certain population of individuals and it has to meet auditing standards. Now, I can categorically say that we would not take any action in relation to a small charity if they didn't meet the auditing requirements under the ACNC reporting framework, but as I mentioned a bit earlier, it's a really interesting point because between the ACNC reporting framework and some of the other state and territory frameworks, there is that difference in what an audit actually means. So it sounds like small charities need to be well aware when they choose to have an audit conducted what the implications are for them and whether they're meeting the appropriate requirements of the ACNC Act. Mm-hmm (affirmative). Now, as the audits provide the highest level of assurance, what is the reason that the legislation does not require audits for all charities?
4 Good question. So the ACNC reporting framework really adopts a tiered approach to reporting. So the annual information statement is a requirement for all sizes of charity to complete each year, but the reporting requirements in relation to financial reports, they get introduced for medium-size charities and they also apply to large-size charities, and in a similar way, the assurance obligations that are associated with the financial report, they also get introduced at medium-size and they increase for large-size charities. So, we've already established that a review can be an option for medium charities, but for a large charity then, an audit needs to be undertaken. Now, the ACNC reporting framework mirrors that of the companies limited by a guarantee, so that was taken from the Corporations Act, and while it wasn't referenced specifically within the ACNC legislation, if we look at the explanatory memorandum from the Corporations Act, there's a reference to introducing reviews to reduce the time and cost associated with having the financial statements audited whilst ensuring that the financial information is still subject to what's an appropriate degree of assurance. So, I guess if we think about the tiered approach, I think that that comes through and that's mirrored there quite well. We also have an obligation under our legislative framework to reduce unnecessary regulatory burden on charities and really, that is assisting charities to comply with the reporting framework requirements by balancing the assurance requirements alongside the scale of the charity and the size that it is. What proportion of medium charities are taking advantage of this red tape reduction opportunity available in obtaining a review instead of an audit? The University of New South Wales have done some research and they've found that around 6% of medium charities opt for a review as opposed to an audit, and we've also done what I would say some limited internal analysis and we've found that a maximum of 10% of medium charities opt for a review, so it is a small number. I wouldn't say it's a large number of medium charities that do take advantage of the option to get a review. So, if allowing reviews instead of audits for medium charities is intended to be less onerous, as you were explaining before, why are most medium charities not obtaining reviews? Well, that's a very good question. So, there could be a number of things, and I'll touch on a couple of them. The term review, it may not be fully understood by the sector, so there might be a little bit of misunderstanding about what a review actually is, and also I mentioned earlier, there's that inconsistency across the ACNC reporting framework with some of the states and territories about the terminology of audit, and so what we consider a review would match many of the state and territory requirements in terms of the assurance that's required under those state and territory frameworks.
5 There also is the possibility that many charities view an audit as part of good governance, so they want that level of assurance for their financial reports. There's also the option that charities who report to another regulator, so for example, incorporated associations, they might have a requirement for an audit, but really, the audit is, as I mentioned, at the ACNC level for a review, and anecdotally, we have spoken to a number of charities recently who are now only reporting to the ACNC, so the reporting has been switched off to their state and territory regulator, but they are choosing to retain the option, and they still want to have an audit done of their accounts. So, it's an interesting one. Also, if we think about ancillary funds, ancillary funds were required to have an audit irrespective of the size of the entity previously, and it wasn't until 2016 that amendments were made so that a private ancillary fund with revenue of assets of less than $1 million may instead have its financial statements and compliance with these guidelines reviewed rather than obtaining an audit. So, there's a number of things which have happened over the past little while, but really there's no definitive answer, I don't think, as to why most medium charities are choosing to retain their audit rather than get a review done. So that sounds like some are making a conscious decision to have an audit. Do you think, nevertheless, something needs to be done to encourage medium charities to obtain reviews instead of audits? So, this really is a decision for each medium-size charity, to decide the level of assurance that they want, and as long as they meet the minimum assurance requirements under the ACNC reporting framework. As I've mentioned, some charities may decide that they still want an audit undertake and they still want that positive assurance, and there might be other regulatory requirements in addition to the ACNC framework. So, there are a number of things at play here, but I think the work that is being done by both CPA, by the Auditing and Assurance Standards Board, and also within the ACNC to I guess increase the awareness of the option to have a review of financial reports are real positive things for the medium-size charities. Yes, I was gonna ask about any steps that ACNC were taking to support reviews and whether others might need to take some action. You did mention the AUASB and obviously we've been raising awareness ourselves here at CPA Australia, but are there other steps, do you think, need to be taken? The ACNC has provided guidance about this. We've developed a lot of information, which is available on our website, and I'll also provide a link, which will be on the podcast page, but I think one of the big stakeholders in this whole manner are the professionals who support the sector, so it's members of CPA who are conducting the audits and who have the opportunity to conduct a review of a financial report on behalf of their registered charities who might be clients of theirs, and perhaps pointing out the differences between what a review is and an audit and having that conversation, and allowing the charities
6 to really make an informed decision about what meets their needs and what's best for the individual charity. Yeah. So the professional advisor has a very big role to play there in advising the charities and what might be the right approach for them? Absolutely. Alternatively, do you think consideration needs to be given to changing the requirements? For example, if reviews are not meeting the needs of users, if that was perhaps the reason they're not being used very often, could they be replaced by an alternative engagement such as a compilation where a member of a professional body goes in and actually assists in the preparation of the financial report of the charity? Yeah, well this is an interesting one because I can't say definitively that reviews are not meeting the needs of users, so it's a hard one to talk about because I think we still need to sort of do a little bit more analysis and a bit more research into this, and I'm really happy that there is some research being done within the likes of University of New South Wales about this issue. There could be a lack of awareness, so it could be that medium-size charities really are unaware that they do have the option of having a review done of their financial report, and they might just think that they do have to have an audit done. Now, in terms of you mentioned a compilation, so because a compilation doesn't provide assurance on the financial reports, that probably wouldn't be an appropriate type of engagement within the current ACNC reporting framework, but potentially, that could be something which is an option in the future, and it takes me onto the next point, Claire, because I'm not sure whether the people are aware, but the ACNC will be subject to a legislative review, and that's expected to start later this year, in December of Now the terms of reference for that review have not yet been released and it's a review that's based on the first five years of the operation of the ACNC legislation, so potentially, some of these things could come up within the context of the legislative review. So very soon is the time for practitioners and other stakeholders to speak up about what they think about the thresholds and the assurance requirements? Absolutely. It's very timely. Just to finish off, what is the ACNC's role in the oversight of auditors conducting audits and reviews and charities? Yeah. So, oversight of registered company auditors, that falls within the responsibility of ASIC, and ASIC does have a register and there's a lot of information that's available on the ASIC website about registered company
7 auditors. So, what we do is we undertake an annual project that involves a detailed analysis of financial reporting across a sample of ACNC registered charities, and out of that project, we identify some non-compliance with accounting standards generally, but we also look to make sure that the charity has complied with the ACNC requirements in terms of the assurance that's provided. Where we do identify issues, we do contact charities and we require those issues to be resolved, and by and large, those issues are very quickly and easily resolved, and generally, it relates to providing incorrect information or providing the wrong document, for example, so the charity will have the correct document, but they just haven't provided that to us as part of their reporting. Now, we also meet regularly with professional associations, so with the likes of CPA, so we do have that ongoing dialogue, which is really constructive and really beneficial for the sector. We also meet regularly with the Auditing and Assurance Standards Board, so we definitely have opportunities to raise any concerns that we identify on a regular basis. Outro: Mm-hmm (affirmative). Well, thank you very much, Mel, for joining us today. It sounds like there's more work that needs to be done in terms of sounding out why reviews are not so popular than audits and whether additional assistance is needed in conducting reviews or whether alternatives need to be explored, and as you say, this is a timely, to put thought to that as the ACNC legislation is reviewed later this year. So, thank you again. Thanks, Claire. Thanks for listening to the CPA Australia Podcast. To download the transcript and find more information on today's episode, visit
Hello and welcome to the CPA Australia Podcast, your weekly source for business, leadership and public practice accounting information.
CPA Australia Podcast Episode 57 - Transcript Intro: Hello and welcome to the CPA Australia Podcast, your weekly source for business, leadership and public practice accounting information. Hello and welcome.
More informationTranscript - The Money Drill: The Long and Short of Saving and Investng
Transcript - The Money Drill: The Long and Short of Saving and Investng J.J.: Hi. This is "The Money Drill," and I'm J.J. Montanaro. With the help of some great guest, I'll help you find your way through
More informationTranscript - The Money Drill: Where and How to Invest for Your Biggest Goals in Life
Transcript - The Money Drill: Where and How to Invest for Your Biggest Goals in Life J.J.: Hi, this is "The Money Drill," and I'm J.J. Montanaro. With the help of some great guest, I'll help you find your
More informationThe Dialogue Podcast Transcript Private Health Insurance
Date: 23 Feb 2018 Interviewer: Ignatius Li Guest: Jamie Reid, Anthony Lowe Duration: 17:40 min Ignatius: Hello and welcome to the Actuaries Dialogue podcast, I'm Ignatius Li. I'm an actuary and director
More informationThe Dialogue Podcast Episode 1 transcript Climate Risk Disclosure
Date: 15 Jan 2017 Interviewer: Andrew Doughman Guest: Sharanjit Paddam Duration: 18:52 min TRANSCRIPT Andrew: Hello and welcome to your Actuaries Institute dialogue podcast, I'm Andrew Doughman. Now this
More informationECO LECTURE TWENTY-FOUR 1 OKAY. WELL, WE WANT TO CONTINUE OUR DISCUSSION THAT WE HAD
ECO 155 750 LECTURE TWENTY-FOUR 1 OKAY. WELL, WE WANT TO CONTINUE OUR DISCUSSION THAT WE HAD STARTED LAST TIME. WE SHOULD FINISH THAT UP TODAY. WE WANT TO TALK ABOUT THE ECONOMY'S LONG-RUN EQUILIBRIUM
More informationSage-SAGE Business Cases
Sage-SAGE Business Cases 779589 I'm Ken Fireman, the managing editor for SAGE Business Researcher. And I'm talking with Heather Kerrigan, who has written a report on the retirement gap. Hello, Heather.
More informationReal Estate Private Equity Case Study 3 Opportunistic Pre-Sold Apartment Development: Waterfall Returns Schedule, Part 1: Tier 1 IRRs and Cash Flows
Real Estate Private Equity Case Study 3 Opportunistic Pre-Sold Apartment Development: Waterfall Returns Schedule, Part 1: Tier 1 IRRs and Cash Flows Welcome to the next lesson in this Real Estate Private
More informationGrant Thornton Pensions Advisory podcasts
Grant Thornton Pensions Advisory podcasts 3. Pensions schemes and transactions: transcript Welcome to this series of Grant Thornton's Pensions Advisory Podcasts. In this edition, we will be looking specifically
More informationScenic Video Transcript Dividends, Closing Entries, and Record-Keeping and Reporting Map Topics. Entries: o Dividends entries- Declaring and paying
Income Statements» What s Behind?» Statements of Changes in Owners Equity» Scenic Video www.navigatingaccounting.com/video/scenic-dividends-closing-entries-and-record-keeping-and-reporting-map Scenic Video
More informationJack Marrion discusses why clients should look at annuities to provide retirement income have you done the same for your clients?
Jack Marrion discusses why clients should look at annuities to provide retirement income have you done the same for your clients? Harry Stout: Welcome to Insurance Insights, sponsored by Creative Marketing.
More informationBeen There, Done That Podcast: Small Business Loans
Been There, Done That Podcast: Small Business Loans The SCORE Been There, Done That Podcast features interviews with the best and brightest in the world of small business, covering topics such as business
More informationQUINLAN: Hughlene, let's start with a baseline question, why is accounting for income taxes so important?
September 2015 Segment 4 TRANSCRIPT 1. Challenges Related to Accounting for Income Taxes SURRAN: For many accountants, accounting for income taxes remains one of the most difficult subjects within the
More informationTRANSCRIPTION. AMP Joint Investor and Media Teleconference
Page 1 of 10 TRANSCRIPTION Company: AMP Limited Date: Thursday, 30 th October 2014 Title: Time: Duration: AMP Joint Investor and Media Teleconference 5:30pm AEDT 25 minutes Reference number: 587620 Howard
More informationTranscript - The Money Drill: Why You Should Get Covered Before You Lose Your Military Life Insurance
Transcript - The Money Drill: Why You Should Get Covered Before You Lose Your Military Life Insurance JJ: Hi. This is The Money Drill, and I'm JJ Montanaro. With the help of some great guests, I'll help
More informationBen Jones - Welcome to Better conversations. Better outcomes. presented by BMO Global Asset Management. I'm Ben Jones.
Transcript Better conversations. Better outcomes. Episode 1.16 Explaining mutual fund fees Casey Hatch - I think that reading the prospectus, as exciting as that sounds -- as I do very often -- it's important
More informationBRIBE, SWINDLE OR STEAL
TRACE International Podcast Spotlight on the Netherlands Marike Bakker [00:00:08] Welcome back to the podcast Bribe, Swindle or Steal. I'm Alexandra Wrage and my guest today is Marike Bakker. Marike is
More informationLibor Podcast October 2017
Libor Podcast Emily: Hello and welcome to this DerivSource podcast. I am Emily Fraser Voigt, deputy editor of Derivsource.com. Andrew Bailey CEO of the Financial Conduct Authority wants to see a replacement
More informationPresenter: And Paul, you've been quite vocal on the inadequacies of the SRRI calculation.
Morningstar - KIID Key Investor Information Document - KIID Paul Kaplan, Jeff Strazis & Neil Simmonds Presenter: I'm joined now by Neil Simmonds, Partner at Simmons & Simmons, Dr Paul Kaplan, Director
More informationHow to Conduct Investment Due Diligence
Welcome to Money For the Rest of Us. This is a personal finance show on money - how it works, how to invest it and how to live without worrying about it. I'm your host, David Stein. Today is episode 175,
More informationTHOMSON REUTERS STREETEVENTS PRELIMINARY TRANSCRIPT. IVZ - Invesco Ltd. to Hold Analyst Call To Discuss The Acquisition Of Atlantic Trust By CIBC
THOMSON REUTERS STREETEVENTS PRELIMINARY TRANSCRIPT IVZ - Invesco Ltd. to Hold Analyst Call To Discuss The Acquisition Of Atlantic Trust EVENT DATE/TIME: APRIL 11, 2013 / 8:30PM GMT TRANSCRIPT TRANSCRIPT
More informationIB Interview Guide: Case Study Exercises Three-Statement Modeling Case (30 Minutes)
IB Interview Guide: Case Study Exercises Three-Statement Modeling Case (30 Minutes) Hello, and welcome to our first sample case study. This is a three-statement modeling case study and we're using this
More informationValuation Public Comps and Precedent Transactions: Historical Metrics and Multiples for Public Comps
Valuation Public Comps and Precedent Transactions: Historical Metrics and Multiples for Public Comps Welcome to our next lesson in this set of tutorials on comparable public companies and precedent transactions.
More informationTranscript. Better conversations. Better outcomes. Episode 1.13 Tax loss harvesting
Transcript Better conversations. Better outcomes. Episode 1.13 Tax loss harvesting Kathy Howe-Hrach - Best loss to have would be a short-term loss, because you know, shortterm gains are taxed at an individual's
More informationHello and welcome to the CPA Australia podcast, your weekly source for business, leadership, and public practice accounting information.
CPA Australia Podcast Episode 63 - Transcript Intro: Hello and welcome to the CPA Australia podcast, your weekly source for business, leadership, and public practice accounting information. Welcome to
More informationBalance Sheets» How Do I Use the Numbers?» Analyzing Financial Condition» Scenic Video
Balance Sheets» How Do I Use the Numbers?» Analyzing Financial Condition» Scenic Video www.navigatingaccounting.com/video/scenic-financial-leverage Scenic Video Transcript Financial Leverage Topics Intel
More informationBBC LEARNING ENGLISH 6 Minute English Poverty in a rich world
BBC LEARNING ENGLISH 6 Minute English Poverty in a rich world NB: This is not a word-for-word transcript Hello, I'm. Welcome to 6 Minute English. With me today is. Hello,. Hello,! Well, in this programme
More informationCharitable Giving Opportunities Under the New Tax Law
Charitable Giving Opportunities Under the New Tax Law November 12, 2018 by Robert Huebscher Kim Laughton is president of Schwab Charitable, a non-profit, donoradvised fund (DAF) provider established with
More informationMalpractice Coverage for Physician Assistants
Transcript Details This is a transcript of an educational program accessible on the ReachMD network. Details about the program and additional media formats for the program are accessible by visiting: https://reachmd.com/programs/clinicians-roundtable/malpractice-coverage-for-physicianassistants/3674/
More informationPurchase Price Allocation, Goodwill and Other Intangibles Creation & Asset Write-ups
Purchase Price Allocation, Goodwill and Other Intangibles Creation & Asset Write-ups In this lesson we're going to move into the next stage of our merger model, which is looking at the purchase price allocation
More informationHello I'm Professor Brian Bueche, welcome back. This is the final video in our trilogy on time value of money. Now maybe this trilogy hasn't been as
Hello I'm Professor Brian Bueche, welcome back. This is the final video in our trilogy on time value of money. Now maybe this trilogy hasn't been as entertaining as the Lord of the Rings trilogy. But it
More informationDODD-FRANK: Key Implications for Corporate Treasurers
DODD-FRANK: Key Implications for Corporate Treasurers March 21, 2013 Speaker: With that, let's go ahead and begin our event. Once again, today's PNC's Advisory Series Event and it is my pleasure to turn
More informationHPM Module_1_Balance_Sheet_Financial_Analysis
HPM Module_1_Balance_Sheet_Financial_Analysis Welcome back, class. We're going to do the tutorial on the balance sheet for Sunnyvale. This is the second tutorial on the financial statements. And we had
More informationWhat You Need to Know about the New Tax Bill
What You Need to Know about the New Tax Bill Welcome to Keen on Retirement With Bill Keen and Steve Sanduski Hey everybody. Welcome to 2018 with Keen On Retirement. I'm your co-host Steve Sanduski and
More informationSmall Business Success Podcast: BUSINESS INCORPORATION
Small Business Success Podcast: BUSINESS INCORPORATION The SCORE Small Business Success Podcast features interviews with the best and brightest in the world of small business, covering topics such as business
More informationMr. Manoukian: Welcome to the September edition of Markets Monthly. This month, I'm really lucky to be joined by Irena Alagic who's a fixed
JPM Fixed Income Sept. Transcript TIME: 5:51 [techno music] Mr. Manoukian: Welcome to the September edition of Markets Monthly. This month, I'm really lucky to be joined by Irena Alagic who's a fixed income
More informationSWITCHING BANKS June 26,
SWITCHING BANKS June 26, 2018 1 QUESTION PLAN # Type Question Options 1 Open Question What incentive would make you consider changing the bank where your salary is deposited (your primary transaction account)?
More informationHow Do Interest Rates Affect the Economy and Your Nest Egg?
How Do Interest Rates Affect the Economy and Your Nest Egg? Welcome to Keen on Retirement With Bill Keen and Steve Sanduski Hey, everybody. Welcome back to Keen On Retirement. I'm your Cohost, Steve Sanduski,
More informationHPM Module_7_Financial_Ratio_Analysis
HPM Module_7_Financial_Ratio_Analysis Hi, class, welcome to this tutorial. We're going to be doing income statement, conditional analysis, and ratio analysis. And the problem that we're going to be working
More informationWelcome to the Lend Academy Podcast, Episode No. 83. This is your host, Peter Renton, Founder of Lend Academy.
PODCAST TRANSCRIPTION SESSION NO. 83: EVAN GENTRY Welcome to the Lend Academy Podcast, Episode No. 83. This is your host, Peter Renton, Founder of Lend Academy. (music) Peter Renton: Today on the show
More informationAvoid These 4 Common and Costly Tax Prep Mistakes
Avoid These 4 Common and Costly Tax Prep Mistakes Welcome to Keen on Retirement With Bill Keen and Steve Sanduski Hey everybody, welcome back to Keen On Retirement. I'm your cohost Steve Sanduski and I'm
More informationLIVING TO 100 SYMPOSIUM*
LIVING TO 100 SYMPOSIUM* Orlando, Florida January 12 14, 2005 IMPACT OF AGING POPULATIONS Presenters: J. Bruce MacDonald, Discussant Lijia Guo Douglas Andrews Krzysztof Ostaszewski MR. EDWIN HUSTEAD: I
More informationMassive Crypto Bull Market About to Begin, Part 1: Why Cryptocurrencies Are Now Grossly Undervalued
Massive Crypto Bull Market About to Begin, Part 1: Why Cryptocurrencies Are Now Grossly Undervalued Martin Weiss: I'm Martin Weiss, founder of Weiss Ratings, which we began 47 years ago. And with me today
More informationWelcome to the Lend Academy podcast, Episode No. 97. This is your host, Peter Renton, Founder of Lend Academy.
PODCAST TRANSCRIPTION SESSION NO. 97: YIHAN FANG Welcome to the Lend Academy podcast, Episode No. 97. This is your host, Peter Renton, Founder of Lend Academy. (music) Peter Renton: Today on the show,
More informationChris Irvin, a 14-year trading veteran of the options, stock, futures and currency markets, is a real-world trader who s determined to help others
Chris Irvin, a 14-year trading veteran of the options, stock, futures and currency markets, is a real-world trader who s determined to help others find their place in the investment world. After owning
More informationHPM Module_6_Capital_Budgeting_Exercise
HPM Module_6_Capital_Budgeting_Exercise OK, class, welcome back. We are going to do our tutorial on the capital budgeting module. And we've got two worksheets that we're going to look at today. We have
More informationEPISODE 56: DISABILITY AND AGING: MEDICARE, MEDICAID, AND BENEFITS ENROLLMENT ASSISTANCE
EPISODE 56: DISABILITY AND AGING: MEDICARE, MEDICAID, AND BENEFITS ENROLLMENT ASSISTANCE Event Date: March 7, 2018 Presenter: Leslie Fried, Senior Director - Center for Benefits Access - National Council
More informationSent: Subject: From: Joni L. Ward Sent: Wednesday, March 20, :49 PM To: Subject: RE: EES redux
LEDFORDSSD321735 Sent: To: Subject: IQ>vr.idaho.gov > Wednesday, March 20, 2013 3:54 PM Joni L. RE: EES redux I'll be at in the EF meeting from 8 to 430 tomorrow.. supposed to be at a luncheon on Friday
More informationInterview With IRA Expert Ed Slott
Interview With IRA Expert Ed Slott By Robert Brokamp September 2, 2010 Motley Fool s Rule Your Retirement Certified public accountant Ed Slott, the author of five books, is considered one of America's
More informationPeter: Interesting, so then what was the idea, what was the germination of Self Lender?
PODCAST TRANSCRIPTION SESSION NO. 181 / JAMES GARVEY Happy New Year, everybody and welcome to the Lend Academy Podcast, Episode No. 181. This is your host, Peter Renton, Founder of Lend Academy and Co-Founder
More informationA better approach to Roth conversions
A better approach to Roth conversions Jason Method: One beneficial aspect of our current retirement system is that it allows you to choose when to pay taxes on at least some of the money you ve saved.
More informationECO LECTURE THIRTEEN 1 OKAY. WHAT WE WANT TO DO TODAY IS CONTINUE DISCUSSING THE
ECO 155 750 LECTURE THIRTEEN 1 OKAY. WHAT WE WANT TO DO TODAY IS CONTINUE DISCUSSING THE THINGS THAT WE STARTED WITH LAST TIME. CONSUMER PRICE INDEX, YOU REMEMBER, WE WERE TALKING ABOUT. AND I THINK WHAT
More informationDavid Asman Isn't it beyond time at which the Fed should raise rates given its mandates.
Interviewee: Title: Portfolio Manager Company: USAA Interviewee2: Daniel Stecich, Athena Advisor Services Interviewee3:, Fort Pitt Capital Group Vice President Channel: Fox Business Network Date: February
More informationHPM Module_2_Breakeven_Analysis
HPM Module_2_Breakeven_Analysis Hello, class. This is the tutorial for the breakeven analysis module. And this is module 2. And so we're going to go ahead and work this breakeven analysis. I want to give
More informationFixed Income August 2018 TIME: 6:08
Fixed Income August 2018 TIME: 6:08 INVESTMENT PRODUCTS ARE NOT FDIC INSURED, NOT A BANK GUARANTEE, AND MAY LOSE VALUE. Please read other important information, which can be found on the link at the end
More informationOperator: I would now like to turn the conference over to Ken Donenfeld of DGI Investor Relations. Please go ahead, sir.
China Auto Logistics Inc. 2015 Year End Investor Earnings Call Friday, April 8, 2016 at 8:00 am ET Final Operator: Good day, ladies and gentlemen and welcome to the China Auto Logistics 2015 Year End Investor
More informationMay Market Update Podcast
May Market Update Podcast Schuster: In the most recent month, risk assets, many of which have experienced doubledigit gains year-to-date, remain generally positive, despite perceptions of slowing global
More informationEpisode #10. featuring. Carrie Lo Ela Karahasanoglu Ryan Abrams
Episode #10 featuring Carrie Lo Ela Karahasanoglu Ryan Abrams Introduction Welcome to CME Group's podcast series on managed futures. My name is Niels Kaastrup-Larsen, and I'm the host of the podcast Top
More informationConference call. Investor Relations. RWA development estimated impact of FSA orders and new regulation. 18 June 2013
Conference call RWA development estimated impact of FSA orders and new regulation 18 June 2013 Investor Relations CORPORATE PARTICIPANTS Henrik Ramlau-Hansen Danske Bank CFO Robert Endersby Danske Bank
More informationSo, by going through the all the tax Form changes we'll be covering just about all of the tax changes that you'll be seeing next year.
1 Highlights of Tax Changes from a Tax Forms Perspective Thank you. Good afternoon thanks Mel. I'm very happy to be here it sounds like the mic is working. It maybe a little too much. So my name is Curtis
More informationEconomic Forums. Forecasting Revenue for CA's Tax Revenue Systems
Dr. Chamberlain: Well, thank you very much. One correction I actually started at the state with Franchise Tax Board, and I actually worked there for 19 20 years before I went to Department of Finance.
More information[01:02] [02:07]
Real State Financial Modeling Introduction and Overview: 90-Minute Industrial Development Modeling Test, Part 3 Waterfall Returns and Case Study Answers Welcome to the final part of this 90-minute industrial
More informationCDBG-DR Duplication of Benefits,
Steve Higginbotham: -- "Duplication of Benefits When Dealing with the Community Development Block Grant Disaster Recovery Program." My name is Steve Higginbotham and I'm the senior committee planning and
More informationEpisode #02 Insights into Managed Futures. featuring. Amy Elefante Bedi, Ernest Jaffarian, Phil Hatzopoulos
Episode #02 Insights into Managed Futures featuring Amy Elefante Bedi, Ernest Jaffarian, Phil Hatzopoulos Introduction Welcome to CME Group's podcast series on managed futures. My name is Niels Kaastrup-
More informationScott Harrington on Health Care Reform
Scott Harrington on Health Care Reform Knowledge@Wharton: As the Supreme Court debates health care reform, we would like to ask you a couple questions about different aspects of the law, the possible outcomes
More informationLegal Issues Concerning the Concierge Practice
Transcript Details This is a transcript of an educational program accessible on the ReachMD network. Details about the program and additional media formats for the program are accessible by visiting: https://reachmd.com/programs/clinicians-roundtable/legal-issues-concerning-the-conciergepractice/3580/
More informationALLETE, Inc. Moderator: Al Hodnik October 29, :00 a.m. CT
Page 1, Inc. October 29, 2010 9:00 a.m. CT Operator: Good day, and welcome to the Third Quarter 2010 Financial Results call. Today's call is being recorded. Certain statements contained in the conference
More informationHow does a trader get hurt with this strategy?
This is a two part question. Can you define what volatility is and the best strategy you feel is available to traders today to make money in volatile times? Sure. First off, there's essentially a very
More informationFLORIDA A & M UNIVERSITY BOARD OF TRUSTEES
0 0 FLORIDA A & M UNIVERSITY BOARD OF TRUSTEES IN RE: AUDIT AND COMPLIANCE COMMITTEE MEETING / COMMITTEE MEMBERS: NICOLE WASHINGTON, CHAIR TRUSTEE GARY MCCOY TRUSTEE ROBERT WOODY TRUSTEE CRAIG REED DATE:
More informationpartnership to push out the adjustment up one tier, where the liability then stops. (Prior coverage (Doc ).)
WARREN: IRS MAY OK TIERED PARTNERSHIP AUDIT PUSH-OUT WITH A COST (Section 6221 -- Partnership Level Tax Treatment) See 2016 TNT 139-1 Full Text The push-out method or something similar might be made available
More informationScenic Video Transcript Big Picture- EasyLearn s Cash Flow Statements Topics
Cash Flow Statements» What s Behind the Numbers?» Cash Flow Basics» Scenic Video http://www.navigatingaccounting.com/video/scenic-big-picture-easylearn-cash-flow-statements Scenic Video Transcript Big
More informationNot-for-profit bulletin
January 2013 Not-for-profit bulletin In this bulletin: Government releases corporate governance standards consultation paper Contact Paul Paxton-Hall Director Level 10, 15 Adelaide Street, Brisbane Qld
More informationECO LECTURE 38 1 TODAY WHAT WE WANT TO DO IS FINISH UP THE SEMESTER. AFTER TODAY WE'LL HAVE ONE MORE, A SEMESTER REVIEW, BUT THIS IS THE LAST
ECO 155 750 LECTURE 38 1 TODAY WHAT WE WANT TO DO IS FINISH UP THE SEMESTER. AFTER TODAY WE'LL HAVE ONE MORE, A SEMESTER REVIEW, BUT THIS IS THE LAST REGULAR LECTURE THIS SEMESTER. WHAT WE WANTED TO DO
More informationINTEREST RATE DERIVATIVES IN TODAY'S VOLATILE MARKETS
INTEREST RATE DERIVATIVES IN TODAY'S VOLATILE MARKETS May 2011 Operator: Alice Dwyer: And with that, let's go ahead and begin our event. Once again, sponsored by PNC Advisory Series. It is my pleasure
More informationBuying Company Stock & Accelerated Mortgages - Transcript
Buying Company Stock & Accelerated Mortgages - Transcript Tom Mullooly: Welcome to the Mullooly Asset Management Podcast. This is episode number 242. Thanks for tuning in. This is Tom Mullooly and I'm
More informationEpisode 4: Bulls, Bears and Volatility
Episode 4: Bulls, Bears and Volatility With Candace Browning, Head of BofA Merrill Lynch Global Research Michael Hartnett, Chief Investment Strategist, BofA Merrill Lynch Global Research And Chris Hyzy,
More information00:00:24:26 Glenn Emma, can you give us a brief background into, into auto enrolment?
Time-codes Pensions 00:00:04:08 Interviewer Hello my name s Glenn Collins and I m ACCA UK s Head of Technical Advisory. Today s vodcast we re going to consider work place pension reforms. It s part of
More informationBen Jones - Welcome to Better conversations. Better outcomes, presented by BMO Global Asset Management. I'm Ben Jones.
Transcript Better conversations. Better outcomes. Episode 1.7 Fixed income: the way forward Scott Kimball - The natural question is how defensive am I still by owning fixed income? Well, we've had that
More informationWhat to do about rising interest rates?
What to do about rising interest rates? Jason Method: The new Federal Reserve chairman has said the economy is strengthening. Interest rates have been rising, and most analysts believe the Fed will hike
More informationVirtual Military Spouse Symposium
Virtual Military Spouse Symposium Planning, Choices and Reaching Retirement Goals Kim D. Myers May 23, 2018 Session Transcript Hi everybody and welcome to the second session of the Your Family Matters
More informationCREDIT ACCEPTANCE CORPORATION. Moderator: Douglas Busk January 30, :00 p.m. ET
CREDIT ACCEPTANCE CORPORATION Moderator: Douglas Busk January 30, 2018 5:00 p.m. ET Good day, everyone, and welcome to the Credit Acceptance Corporation Fourth Quarter 2017 Earnings Call. Today's call
More information2004 Valuation Actuary Symposium * Boston, MA September 20 21, 2004
2004 Valuation Actuary Symposium * Boston, MA September 20 21, 2004 Session 24PD DAC in A Volatile Equity Return World Moderator: Panelists: Novian Junus Richard Browne Jeyaraj Vadiveloo Summary: The panel
More informationRECORD, Volume 25, No. 2 *
RECORD, Volume 25, No. 2 * Seattle Spring Meeting June 16 18, 1999 Session 101PD Managing Pension Surplus (or the Lack Thereof) Track: Pension Key Words: Pension Moderator: Panelists: Recorder: DOUGLAS
More informationIFRS Today. Introducing blockchain and cryptocurrencies. KPMG s podcast series on IFRS and financial reporting EPISODE 4 TRANSCRIPT. Host.
IFRS Today: Introducing blockchain and cryptocurrencies 1 IFRS Today KPMG s podcast series on IFRS and financial reporting 19 July 2018 EPISODE 4 TRANSCRIPT Introducing blockchain and cryptocurrencies
More informationFidelity Podcast: Eric Dowley, Health Savings Accounts
Fidelity Podcast: Eric Dowley, Health Savings Accounts MIKE SHAMRELL: Welcome, everyone. Thanks for joining. This is the Fidelity Podcast Series. I m your host, Mike Shamrell. Today we are joined by Eric
More informationMetropolitan Casualty Insurance Co. V. Robert Tepper SC
The following is a real-time transcript taken as closed captioning during the oral argument proceedings, and as such, may contain errors. This service is provided solely for the purpose of assisting those
More informationPODCAST TRANSCRIPTION SESSION NO. 133-ROSEMARY KELLEY
PODCAST TRANSCRIPTION SESSION NO. 133-ROSEMARY KELLEY Happy New Year everybody and welcome to Episode No. 133, the first episode of 2018. This is your host, Peter Renton, Founder of Lend Academy and Co-Founder
More informationBRIEFING BOOK. Data Information Knowledge WISDOM. JORGE ALEGRIA Location: Forbes, New York, New York. About Jorge Alegria... Debriefing Alegria
BRIEFING BOOK Data Information Knowledge WISDOM JORGE ALEGRIA Location: Forbes, New York, New York About Jorge Alegria... 2 Debriefing Alegria 3 The Alegria Interview... 5-1 - ABOUT JORGE ALEGRIA Intelligent
More informationValuation Interpretation and Uses: How to Use Valuation to Outline a Buy-Side Stock Pitch
Valuation Interpretation and Uses: How to Use Valuation to Outline a Buy-Side Stock Pitch Hello and welcome to our next lesson in this final valuation summary module. This time around, we're going to begin
More informationThe Levers to Financial Freedom
The Levers to Financial Freedom September 1, 2009 by Russ Thornton Advisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives.
More informationMarket outlook: What to expect in 2018 and beyond
Market outlook: What to expect in 2018 and beyond Dave Eldreth: What does the future hold for the economy and the markets? Will inflation remain in check? And what should investors expectations for returns
More informationWelcome to the Lend Academy podcast, Episode No This is your host, Peter Renton, Co- Founder of LendIt and Founder of Lend Academy.
PODCAST TRANSCRIPTION SESSION NO. 108-PERRY RAHBAR Welcome to the Lend Academy podcast, Episode No. 108. This is your host, Peter Renton, Co- Founder of LendIt and Founder of Lend Academy. (music) We are
More informationPolitics October 2018 TIME: 5:12
Politics October 2018 TIME: 5:12 INVESTMENT PRODUCTS ARE NOT FDIC INSURED, NOT A BANK GUARANTEE, AND MAY LOSE VALUE. Please read other important information, which can be found on the link at the end of
More informationBRIBE, SWINDLE OR STEAL
TRACE International Podcast Spotlight on the UK Michelle de Kluyver [00:00:08] Welcome back to the podcast. I'm Alexandra Wrage, and I'm in London today talking about the U.K. Bribery Act and the compliance
More informationHPM Module_1_Income_Statement_Analysis
HPM Module_1_Income_Statement_Analysis All right, class, we're going to do another tutorial. And this is going to be on the income statement financial analysis. And we have a problem here that we took
More informationCash Flow Statement [1:00]
Cash Flow Statement In this lesson, we're going to go through the last major financial statement, the cash flow statement for a company and then compare that once again to a personal cash flow statement
More informationBen Jones - Welcome to Better conversations. Better outcomes. presented by BMO Global Asset Management. I'm Ben Jones.
Transcript Better conversations. Better outcomes. Episode 62 To claim or not to claim? The Social Security question. Brian Doherty - The Social Security claiming decision is going to be one of the most
More information