Home office expenses might be one of the most feared business deductions due to concern over disallowance by the IRS. Thus, many taxpayers entitled to the deduction don’t claim it. If you use part of your home exclusively and regularly for conducting business, you may be able to deduct expenses such as mortgage interest, insurance, utilities, repairs, and depreciation for that area. You need to figure out the percentage of your home devoted to your business activities, utilities, repairs, and de
Businesses have traditionally valued customer feedback. For various reasons, good complaint management is crucial. The most reasonable explanation is that dealing with client complaints is essential to customer service. Many businesses use complaint data for far more than merely responding to complainants. Such data can indicate issues with service delivery, allowing the company to enhance its operations. Increased coordination in financial firms enables risk and compliance professionals to go o
An Interview with Lian Van Oudheusden, Head of Model Risk Management, at First Rand Bank
Ahead of the 3rd Edition Model Risk Management Conference, we spoke with Lian Van Oudheusden, Head of Model Risk Management at First Rand Bank. Lian is responsible for model risk strategy and framework development, model risk oversight and reporting and oversight of the independent validation function. Lian also established and chairs FirstRand’s Advanced Analytics Working Group, which is a multi-discipli
An Interview with Erkka Pesonen, Director, ALM Risk Management and FTP, at UBS
Ahead of the 11th Annual Funds Transfer Pricing and Balance Sheet Management Conference, we spoke with Erkka Pesonen, Director of ALM Risk Management and FTP at UBS. Erkka works in the Group Treasury ALM team, responsible for FTP setting and methodology and interest rate risk hedging. Prior to his current role Erkka has worked in Treasury cash trading and Treasury funding roles at UBS. He has over ten years of Treasury
Here’s why The Digital Banking Platform is making a Wave in the Industry. Due to the shift from traditional banking methods to Digital Banking Platform that has made customers rely more on digital banking. Digital Banking Platform has many advantages over traditional banking method.With the surge of in user for smartphones and revolution on the internet have also led to digital banking platforms to grow.
All about digital banking
Everyone wishes to get their work done easily without a wastage of t
The emerging enterprises of industries have time and again considered enterprise data management solutions as a savior in the era of big data. Enterprise data management provides an ability to accurately define, integrate, and retrieve data for internal applications as well as external communication. The technology focuses on the creation of accurate, transparent, as well as consistent content.
A successful data management program is cost-efficient because you would have fewer data management cha
Given the fact that some people are asking for an end to cash transfers and some companies are preferring to go cashless, cash transactions are still commonplace. Cash management systems are integrated tools designed to help businesses handle cash processing from end to end. Most cash management programs are created to help from the point of intake to reconciliation. They can streamline the process, which has numerous benefits for businesses.
What is a cash management system?
A cash management sys
By Sophie Bottazzi, Senior Research Executive, CeFPro
The payment industry in Europe continues to evolve with the huge influx of new payments providers in the market, increased regulatory demand and evolving customer expectations of products and services. With the implementation of PSD2/Open Banking becoming more embedded, the payments landscape continues to evolve as APIs open up customer data for more institutions to leverage. With such increased demand and competition comes heightened regulato
The banking industry is perceived as the most advanced in their understanding and implementation of risk management. Although banks have indeed made huge progress in risk management, two areas all banks can improve is the structure used in conducting their assessments to enable actionable and insightful strategic reporting.
Boris Agranovich has kindly asked me to offer my free course for you to browse, or to take, over the holiday period.
The course will change your entire understanding of modern economics and risk management.
- It is a paradigm shift in both subjects.
- Essential reading for anyone in the financial services industry.
It is no co-incidence that following an article which I had published at www.fin24.com where I am a columnist, my prescription for the South African economy was circulated to the entire
marcus evans will host the Interest Rate Risk in the Banking Book Conference, December 4-6, 2017 in New York, NY. By attending this conference you will take away insights on maximizing your interest rate risk strategies to enhance your efficiency and effectiveness. Banks will also gain a critical, last minute opportunity to enhance their understanding of the IRRBB regulation by gaining a clarification of the rule and benchmarking their compliance strategies
Attending This Premier GFMI Conference
Friction Free Capitalism
First coined in 1995 by Bill Gates, Friction Free Capitalism is, simply, the “enhanced efficiency of markets due to the ‘coming’ Internet revolution”.
Learn how our Directors and Serial Entrepreneurs are leveraging NBN and Friction Free Capitalism visit: https://www.newbusiness.network/friction-free-capitalism
If you are an expert in your field, especially in the legal, accounting, commercial or investment banking / venture capital industries, your expertise is critical to their success.
Are you ready to give back and build equity at the same time with limited risk, as an independent Director?
We invite you to become the mentor we know you are, with ease.
Please go to https://sprocketnetwork.com and Click on “Directors” to find out more.
What's your area of expertise?
Do you have a desire to support exciting new companies?
Are you an expert in your field or a professional in the legal, accounting, commercial or investment banking / venture capital industries?
Are you ready to elevate to the next level of professionalism?
We’ve been capitalizing start-up or early stage companies since 1998 and have many exciting opportunities you may want to consider. If you think you may qualify, please go to https://www.SprocketNetwork.com and
A message from our partner:
Wells Fargo, till recently, had earned itself a good reputation as a financial institution mainly due to the fact that it escaped from the Recession largely unscathed. That has come under huge scrutiny with the latest scandal that has hit the bank. It has been accused of creating 2 million fake account in the form of bank account and credit cards in the name of existing customers. This was mainly done to increase the commissions that the employees would earn for bringing in new accounts and meet
As a risk professional, you're under a lot of pressure to write documents. Maybe it's a methodology manual, validation report, or other document you’re expected to write for your regulator; a status report for the board; or even that very important email. Whatever it is, some of the following worries probably sound very familiar to you:
"I've got to write a report and I don't know where to start - what's the best way to do it?"
"It's taking me ages to edit this Word document - aren't there some cl
Banking in Theory and Practice
Mejstřík Michal - Pečená Magda - Teplý Petr
Published: March 2015
This new bilingual banking textbook awarded by Charles University as a best textbook within socio-economic field and humanities.
You can read the entire article in the following link:
Enrique Suarez Presenting:
How Big Banks Run the World - At Your Expense
Public Banking Institute
The recent Public Banking conference held in Philadelphia offered a message that is at once so simple - but also so bold - it is hard for most Americans to pause long enough to understand how profoundly their thinking had been corralled by the masters of finance - in ways far, far, far more insidious and powerful than even the latest financial crisis sugges