NSAC Happenings and Latest News - Page 68
Microsoft Will Soon End Support for Windows 7. Now What?
If you haven't already upgraded to Windows 10, add the task to your to-do listOver the next few weeks, millions of PC users will receive pop-up messages from Microsoft informing them that the Windows 7 operating system will reach the end of its life in January 2020. After that, consumers will no longer receive updates of any kind, including critical security patches, for the nearly 10-year-old platform—potentially putting their computers ...
Read MoreFBI Sees Big Rise in Internet Crime Complaints, Losses
The FBI received nearly 17% more complaints in 2018 than in 2017, and nearly double the losses. The Federal Bureau of Investigation’s Internet Crime and Complaint Center received 50,000 more complaints in 2018 (351,936) than in 2017 (301,580), with losses from those complaints amounting to $2.7 billion, a $1.3 billion jump from the $1.4 billion in losses reported in 2017, according to the agency’s recently released crime ...
Read MoreFinal Guidance FASB Issues Amendments to the Three New Standards on Financial Instruments
The FASB amended its standards on credit losses, hedging, and recognizing and measuring financial instruments to clarify them and address implementation issues. The amendments clarify the scope of the credit losses standard and address issues related to accrued interest receivable balances, recoveries, variable interest rates and prepayments, among other things. With respect to hedge accounting, the amendments address partial-term fair value ...
Read MoreStrategic Planning Is A Process?Not An Event
Most of the enterprises I’ve worked with have been strategically minded…focused on sustained growth and profitability. Some had written plans, others did not. For those that did not, but ultimately opted to initiate a formal process, they found a bumpy road, often cluttered with false starts. In the end though, most felt it was worth the ride. If you’re embarking on this journey or trying to energize the one ...
Read MoreIRS Adjusts Maximum Value of Employer-provided Vehicles for Inflation
The Internal Revenue Service has issued a notice setting the inflation-adjusted maximum value of a vehicle provided by an employer to an employee for personal use at a maximum of $50,400 for tax purposes. Notice 2019-34 provides the inflation-adjusted maximum value of a vehicle — such as a car, van or truck — for 2019 for use with the fleet-average and vehicle cents-per-mile valuation rules. The notice also includes ...
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