Revenue — perhaps the most important number in financial statements — and how it is calculated by nearly every public company across the globe is set to change. Sandra Peters, CFA, considers the impacts.
With investment processes and strategies growing ever more indistinguishable, artificial intelligence (AI) can help unlock machine-aided growth while balancing human desires with what's technically feasible and financially viable, says David Townsend, CFA.
Investment firms that seize the opportunity created by the European Union’s Markets in Financial Instruments Directive II (MiFID II) can create a much stronger value proposition for clients, writes Colin McLean, FSIP.
Switzerland will vote on a measure to end fractional reserve banking in 2018. Known as the Vollgeld, or "Full Money," Initiative, this proposal could transform modern finance as we know it. Jason Voss, CFA, curates a helpful reading list.
Jason Voss, CFA, curates a holiday edition of Weekend Reads for Investors. Selections examine the inefficiency of bitcoin, the momentum effects of market indices, how marketers manipulate you, and more.
Yesterday, Congress passed the tax reform bill that reduces the corporate tax rate from 35% to 21%. Tax law changes will make it into financial statements when they are signed by President Donald Trump. While the changes are not effective until 2018, they significantly impact estimates made in 2017 financial statements once the bill is signed.
The Trump administration is considering pushing for Federal Reserve Governor Randal Quarles to become the next chairman of the Financial Stability Board, sources say. Financial Times (tiered subscription model) (15 Mar.)
If President Donald Trump wants to eliminate obstacles to trade, he should drop tariffs on steel and aluminum and reopen negotiations on a US-EU free trade deal, European Council President Donald Tusk said. "Instead of risking a trade war, which he seems eager to wage, we should be aiming for greater cooperation," Tusk said. Politico (15 Mar.)
The Securities and Exchange Commission will answer questions regarding when an adviser is deemed to have custody of a client's funds that stem from February 2017 guidance, said Paul Cellupica, deputy director of investment management. "We want to come up with the right answer, and maybe it's not just a simple answer," he said. InvestmentNews (tiered subscription model) (15 Mar.)
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.