As technology continues to thrive, there is one dilemma that has been created by the advent of new technologies. Every time a new technology is released, it is the sole responsibility of the human workforce to adapt to the new changes. Therefore, with every new technology, there is a disruption in the way we are used to completing our daily tasks (Medium).
In the workforce, new technologies are seen as a threat, since they can take up some of the roles that used to be performed by human beings. One field that is experiencing a lot of changes due to the influence of modern technologies is accounting. To understand how technology has influenced and will continue to influence the accounting field, we look at the advice of longtime accounting and auditing expert Dabie Tsai.
Looking at the professional experience of Tsai, one is left without a doubt that her advice should be taken seriously. For 23 years, she has worked for KPMG, one of the largest and prominent firms in the world. She has significant experience dealing with SEC Periodic and IPO filings for both domestic and foreign registrants, SOX 404 controls and processes, and US GAAP and IFRS. While at KPMG, Tsai has worked in four countries located on different continents. She has therefore developed international experience in this field and also developed the ability to speak in multiple languages.
The Power of Computing
Since the introduction of computers, the field of accounting has experienced consistent changes. In fact, it is almost impossible for anyone to work in the field without mid-level competency on computing. It has become an integral part of the industry, and it will only become more advanced as we move into the future. According to Dabie Tsai, the influence of artificial intelligence will also influence the future of the industry as machine learning algorithms take up some of the lower-level tasks completed by the human workforce. Although it will bring some accuracy and efficiency in the processing of data, artificial intelligence might be a risk to businesses and human workforces that refuse to comply with the changes. However, she is hopeful that the application of new technologies in the field of accounting will not take up roles meant for the human workforce. She advises professionals in this field to consider taking up more advanced tasks that cannot be completed by machines.
Dabie Tsai also sees a future where the role of leadership in organizations will become highly competitive. With machines taking up some of the roles performed by the human workforce, it will be up to the leaders of these organization to ensure that there are proper plans and strategies aimed at achieving the intended goals.
Southridge Capital is one of the financial services firms that specialize in corporate finance and real estate. The firm is involved in providing a number of services for corporations that are looking for more effective ways to manage their capital. Southridge Capital also helps these corporations complete mergers and acquisitions. When serving its clients, Southridge Capital uses its expertise to help guide them towards reaching their goals and objectives. The firm was founded in 1996 by longtime finance professional Stephen Hicks. During the last two decades, the firm expanded and now serves clients in both the United States and abroad.
There are a number of ways in which Southridge Capital assists its many clients. Southridge Capital is very active in helping clients complete mergers and acquisitions. The firm regularly works with companies that are looking to raise capital and issue publicly traded stock. Southridge Capital has a number of advisors who will help corporate clients complete the merger and acquisition process more efficiently. As well as helping with mergers and acquisitions, Southridge Capital also helps corporations with financial advisor and balance sheet optimization. These services entail evaluating financial information and giving feedback on how to best manage capital. With Southridge Capital, a number of corporate clients are also able to receive assistance in getting office space through commercial real estate services.
According to PR Newswire, one of the things that has contributed to Southridge Capital’s success has been its leadership. The firm is currently led by its founder and chief executive officer Stephen Hicks. As the chief executive officer of the firm, Stephen is responsible for business development and getting new clients for the firm. Hicks also devises strategies and sets policies for the firm in terms of reaching its unique goals. Stephen has been in the financial services industry for over three decades. During his career, he has been active in things such as arbitrage and investment banking. These experiences have allowed him to develop a considerable amount of expertise which has proven to help his firm’s clients. Right before Hicks started up his own firm, he worked at another firm specializing in hedge funds. When the firm closed down, Hicks decided to open up an independent financial services company that is now Southridge Capital.
Financial Expert Paul Mampilly has backed the blockchain technology to be used in other industries apart from the digital currency market. Its effectiveness in protecting the transactions has attracted many experts to look at the possibility of it being used to improve the effectiveness of operations in other industries. Some of the areas that Mampilly has talked about is about the preservation of personal information to avoid identity theft and in medicine to trace the effectiveness of the prescription medicine. To understand how it can be applied in these areas, one needs to look at the way blockchain works. Once a transaction is recorded in a block, it cannot be altered. Any interference with the data can easily be traced since there is a public edger where all transactions are recorded. Digital currencies transactions are being recorded via this method making it almost impossible for anyone to hack information held in such blocks.
The same concept is what Paul Mampilly thinks should be replicated when protecting personal information. All information about a person should be held in a microchip which can be inserted under the skin. Information in this chip should only be scanned and supported by the blockchain technology. No one can be able to change information that is held in the chip, and therefore the information will remain secure forever. Such a measure will also increase effectiveness in services delivery. One will not need to carry paper documents to be served. Information will be readily available via scanning. In prescription medicine, it can be used to track whether a pill; is doing its work properly. A sensor can be attached to a pill to give a signal on whether the expected reaction took place. The effectiveness of a pill can thus be known.
About Paul Mampilly
Paul Mampilly has been in the Wall Street for two decades before his retirement. He took early retirement at the age of 42 to concentrate on educating the ordinary Americans o how to create wealth through wise investment decisions.Paul Mampilly is the author of the Profits Unlimited, a newsletter that is the fastest growing financial publication in the United States.
It is not very often that people think of investing in a company that they believe will lose money, but this is exactly what theChief Investment Officer of Kerrisdale Capital Management Sahm Adrangi does. Sahm Adrangi engages in a type of investing known as short-selling, which is essentially a way of saying he bets against a company. Sahm Adrangi is very careful about what companies he chooses to arrange a short sale attack on an does extensive research before making the decision to go ahead with his plans. Unlike most short sellers who tend to do this anonymously or by a Trojan Horse like attack, Sahm Adrangi makes the findings of the research completed by Kerrisdale Capital Management well known. He publishes his findings online and gives press conferences about the matters frequently. He specializes in certain fields like biotech, mining, and telecommunications. This time, he has set his focus on an online marketing company called QuinStreet.
QuinStreet earns revenue by generating traffic to the websites of the companies that they are affiliated with. By generating traffic, the affiliate can make money from the potential customers. Unfortunately for their clients and investors that jumped onboard the company when their stock price rose, this traffic may all be extremely bogus. The research that Sahm Adrangi produced suggests that QuinStreet is engaging in fraudulent business practices by generating traffic from bots as opposed to actual people. This means that their customers are paying them for services that they actually are not receiving. It also means that their investors were led to believe that QuinStreet is doing much better financially than they actually are. One of the things that made Sahm Adrangi question the validity of the traffic is the fact that most of it went to only one company. Kerrisdale’s findings how that QuinStreet is not aquality organization and their business model is riddled with flaws on a fundamental level.
Many people dream of starting a company. A successful business allows a person to have freedom over their daily schedule. A thriving company also generates a lot of additional income for the owner to utilize.
Jed McCaleb has started several companies during his career. Not all of his business ideas have been a success. However, he is still excited about his future career as a business owner. He founded a company called Stellar several years ago. Since that point, he has been working hard to make the company a success.
One of the most significant obstacles to starting a company is financial planning. Few people have a considerable cash reserve to start a company. As a result, the vast majority of new business owners have to borrow money to start a company.
Starting a company with a large business loan carries various financial risks. Jed McCaleb tries to reduce his debt as much as possible. When he first started in his career, he almost went bankrupt after a failed business venture. This lesson has stayed with him throughout his career.
Stellar is expanding due to the excellent marketing plan that Jed McCaleb developed. With any new company, marketing is vital to bringing in new customers. Numbers business owners struggle to generate a viable marketing strategy for their company.
Stellar is a company that provides tremendous value to customers. Customers post about the company on social media after purchasing a product. A satisfied customer is an excellent way for a company to get additional exposure. Jed McCaleb encourages customers to write about Stellar online if they had a positive experience with the company. Jed McCaleb has plans to expand his company in the coming years. Jed McCaleb also wants to offer additional products and services to customers during this time.
According to American investor Paul Mampilly, there is something Apple electronics is not doing. Apple is the biggest mobile technology company in the country, but if the recent performance of the company is anything to go by, the future looks gloomy for the giant company.The company according to Mampilly is doing nothing to make it remain competitive over a long period. Apple has not been making any initiative to advance technological innovations. Since the death of Steve Jobs, the company has not invented any new product. This put the future of the company at risk. Other companies in the industry such as Amazon and Google are coming up strong and have made great innovations which will threaten the dominance of the company in the mobile technology industry.
Paul Mampilly has already predicted dark days for Apple if nothing is done to bring back the innovative edge they were once known for. Although the company will not die in just a single year, he predicts that 2018 is the year when the stock value will start to go down. For the last one decade, Apple has been one of the best-performing companies in the stock markets, but this is about to change. There is nothing to support higher prices.When Paul Mampilly says something, then it’s imminent. H has worked in the stock markets since 1991. He has seen the good and the bad in the industry and can tell when a stock is about to suffer. His first job in the financial industry was at Bankers Trust where he was the assistant portfolio manager.
After that, he worked for Deutsche Bank and ING. He had an opportunity to trade huge volumes of capital under these institutions.Paul Mampilly has worked as a hedge fund manager for Kinetics Asset Management. He helped the hedge fund grow its capital to over $25 billion. Under his leadership, it was labelled the world’s best hedge fund. He has managed to grow its capital by 26%.In the last one year, Apple gained in a big way after Warren Buffet bought shares worth $20 billion. However, Paul believes that despite the company gaining, there was no increase in its business. The stock is mainly driven by the perception which has been created in people’s minds that the company create innovative products. This has not been the case since the death of Steve Jobs. No single product has been added to the company’s list of innovations since 2011.
Madison Street Capital has worked for many years in the valuation industry, and they have a number of clients who are using their services to ensure they may make business deals. There are a number of people who are contacting the company, and there are many people who are counting on the Madison Street Capital reputation to help their business close a merger or sale. There are many people who are searching for a better way to complete a business dea, and they may use information from Madison Street any time they like.
#1: Valuation Reports
There are quite a few people who are ordering valuation reports because they need to know how much their business is worth. They want to know how much another company is worth, and they will ask the Madison Street team to look into any number of other companies and industries to help them learn. It is easy for someone to use the information from Madison Street because it tells them how to value what they are buying or selling.
#2: Studying The Industry
Studying an industry is important as a company must know how many other companies like theirs are valued in the same way. The valuation products that are used by companies help them choose merger partners, and they may learn quite a lot about which companies they should consider buying/investing in that year.
#3: Closing Business Deals
Closing business deals is quite simple when customers come to Madison Street, and the clients may use the offices of the company to complete a transaction that often involves cash. The cash that is exchanging hands is managed by the staff at Madison Street, and they will ensure all contracts are signed properly. They are doing so ensure that every company is protected in the proper manner, and a customer may come to the company to feel as though they are in a safe place.
The simplest business deals are closed when valuation information is complete. The staff members at Madison Street Capital will help their clients learn about themselves or their competitors. The valuation reports shed light on a company that may be involved in a merger, or a stake in the company may be sold. Capitalization may be completed in the way that it was done for Ares Security, and it will be done with the most current information in the industry.
If you want to be sure that you are able to cut your debt, one of the best things you can do is refinance your loans. When loans get out of hand to the point that you are being hounded by multiple creditors, sometimes refinancing the loans is the best way to go about it. In this regard, there are a number of companies that you can turn to in order to get this help. To learn more about this, the benefits of it and what you can do in that regard, read on and factor in these tips.
#1: The Benefits of Refinancing A Loan
Chances are high that slash my payments are on your priority list if you are buried in debt. In terms of refinancing a loan, this is one of the greatest benefits that you will be able to achieve from that. If the idea to slash my payments appeals to you, you need to touch base with a refinancing company that can give you the excellent terms which will allow you to instead pay back your loan on one bill.
#2: How To Get The Proper Refinancing
In order to get the proper refinancing that you need, the best thing to do is select 5 to 6 different refinancing companies that you are able to get work through. Look into their terms and conditions and always check in to the rates that they offer in terms of interest and fees. Doing this provides you the opportunity to make sure you are selecting the best company accordingly and so that you are able to make the wisest decision.
#3: Steps To Keep In Mind
You will need to do think such as look into your credit score, potentially contact your creditors for more time and more information if you are looking to refinance loan. It will pay to put together as much information as you can and keep tabs of all of your records so that you are able to properly approach a loan refinancing company. By understanding these steps, you will be in a better position to get the refinanced loan that you are striving to receive.
Long time finance executive Gareth Henry will be leaving Fortress Investment Group to pursue an opportunity at the firm Angelo, Gordon & Co. Henry will join the firm as its new managing director and global head of investor relations. This position will allow him to continue developing relationships with investor clients on a regular basis. Along with these new positions at the firm, Gareth Henry will also serve as a partner as well. As a result, he will have a major role in shaping both the present and the future of the firm Angelo, Gordon & Co.
Before Gareth Henry was appointed as the new managing director and global head of investor relations at Angelo, Gordon & Co, he served had the same position at Fortress Investment Group. While working at this firm, he would spend a lot of his time getting clients and establish productive relationships with them. He would specialize in investor relations in the European, Middle Eastern and African markets. As the global head of investor relations, Gareth has been able to help Fortress Investment Group grow and expand to more markets worldwide.
Once joining Angelo, Gordon & Co, Gareth Henry is very happy to be a part of this top firm. He has said that this firm has been among the best at making adjustments during cycles in the financial markets. As a result, the firm has been able to quickly adapt and enable investor clients to continue generating positive returns. With these factors, Henry is very motivated to continue this trend and emphasize this when interacting with the new and current investor clients of this firm.
The career of Gareth Henry has been quite successful in the financial services industry. When he first stated his career, he worked as an analyst. While at this position, he would evaluate various financial securities and put together reports and pitchbooks. After a few years as an analyst, Henry would become a research specialist who would evaluate a wide variety of different classes of assets. Then he would become the global head of investor relations at Fortress Investment Group.