The Future of Accounting According to Dabie Tsai

If you want to know the future of accounting, there’s no one better to ask than Dabie Tsai. As a 23-year veteran auditor and corporate accounting expert on an international scale, she gave reporters from the Daily Forex Report insight into the impact of big data and AI on the future of accounting. Keeping accurate financial records is the foundation of fiscal health for any organization. Automation will provide a higher degree of transparency and accuracy for businesses and government entities of all sizes. Tsai believes that data and analytics (D&A) will do more to revolutionize the way we do business than even R&D.

 

Data mining enables companies to extract and analyze copious amounts of information in seconds and provide reporting at an unheard of level of detail and speed. This allows companies to assess risk and make projections that would normally go unchecked until a problem arose. It will improve company performance and allow more targeted strategic planning on all levels.

 

The D&A processes can take decades worth of data and parse it by nearly any metric to provide reporting on four levels:

 

  • descriptive analytics
  • diagnostic analytics
  • predictive analytics
  • prescriptive analytics

 

These reporting capabilities will take a lot of mundane duties out of the hands of accounting professionals, allowing them to focus on interpersonal business relationship building and implementation of various strategies. It will also mean that tomorrow’s CPAs and auditors will have to be more tech savvy than ever.

 

The advanced technology will be especially helpful in the area of risk-based auditing by allowing auditors to take an individualized approach that is intuitively tailored to the specific organization. This enables enterprise-focused reporting and strategic development that’s more agile and relevant.

 

The future of accounting is in advanced technology. Accounting professionals who want to remain relevant will need to embrace tech and sharpen their people skills. All of the details that take time will be easily handled through the magic of AI and big data, leaving more time and energy to devote to customer relations.

Shervin Pishevar Explains U.S Economy Decline And China Take Over In A Twitter Storm

The U.S government silently watched as the largest technology companies in the country strangled startups and established monopolies in their respective fields. It would also silently watch as the stock and equity market trades went off hand. These inactions have, however, caught up with the economy and threaten to send it tumbling, according to Shervin Pishevar. The celebrated investor made these revelations during a recent twitter storm that saw him release a series of tweets consecutively for 21 hours.

Declining economy

Shervin Pishevar believes that the writing about the US economy is on the wall and anyone willing to look deep enough will see its first signs. He particularly lays the blame for the upcoming financial crisis that he believes will hit the economy in a few months on the bonds and equity markets. These will be the first and most affected casualties. The angel investor further emphasizes that the apparent decline will affect every inch of the economy, including cryptocurrencies like Bitcoin.

When did the rains start beating us?

The government’s inaction on matters of national economic importance like equity trades and floating of IPOs, as well as its discomforting silence as big companies established monopolies, was the first sign of a failing economy. Shervin Pishevar, adds that these acts killed America’s creativity and its technological hubs like the Silicon Valley that he believes have long dispersed to the other parts of the world.

The technological companies venture capitalist further states that Silicon Valley was never a place but a collection of ideas. Its creative juice has now flown and found home in such countries as China that now reports a higher technological uptake than America. To illustrate this lack of creativity in America, Shervin Pishevar points to the fact that China is now able to build state of the art train stations in record nine hours, something never witnessed in the United States.

More about Shervin Pishevar

Shervin is an Iranian-American entrepreneur, a co-founder and managing director of Investment company a venture capital fund. Through this fund, he has invested in numerous technology companies during their early fundraising rounds that have gone on to prove revolutionary. These include Uber, Munchery, and Airbnb.

https://www.businessinsider.com/shervin-pishevar-strange-21-hour-tweet-storm-2018-2

Manage your campaigns fundraising with NGP VAN tools

Political fundraising is a critical part of every campaign. Whether it is a big or small campaign, it is always good to consider fundraising since it can make a difference between attaining desired results and failure. In campaigns, fundraising enables you to interact with big donors as well as members of the community you are appealing to. So, even as you get the dollars, you will also be growing your support. One important thing to note is that no matter the nature of fundraising you want to arrange, you must be passionate about the people in the door. You do not want to hold a fundraising event that ends up being a financial flop.

 

The first goal of any fundraising is to set an aim. You need to know how much money you need to raise. It is always good to aim for a higher figure but at the same time being realistic about it. You need to gauge your targets with previously held fundraisers by your host.

 

Another thing that should come close to the above point is that the dollars you are seeking should be directly linked to the campaign. No one wants to donate money to a cause that they are not sure about. The best way to approach this matter is coming up with an outline of the things you intended to do with the money. Once you convince the donors, they will be ready to contribute wholeheartedly. {Seek fundraising assistance from NGP VAN on how to fundraise competently}

 

As you engage in campaign fundraising, it is good to ensure that it is in line with the campaign finance law. There are special opportunities that you may find in the law which will allow you even to get more money.

 

When you make an invitation for your fundraising, you need to follow them up. The fact that someone may give a verbal response about attendance may not be a sure way of guaranteeing their appearance. You need to have a database of all the guests and track the feedback from them on their attendance. You want to get as many attendees as possible, and this can only happen when you have a well-planned invitation list not only for the guests but also for the supporters. Also, when making an invitation card, it should contain all the essential details that may be needed by the guests. You should ensure that someone who gets the card can come to your event even without asking for further information. Incorporating a confirmation email would be a great way of knowing who will be attending.

 

With such tips, you should be in a position to hold a successful campaign fundraising. Even the minor details should be not left out; they could make a huge difference. NGP VAN is a company with headquarters in Washington D.C. it has been working with Democrats and progressives to promote new technology in campaigns.

 

 

 

https://medium.com/ngpvan

What People In Any Industry Can Learn From Tech Entrepreneur Whitney Wolfe Herd

Regardless of the industry you are in you can learn quite a bit from people and businesses in other industries. The women empowerment dating app Bumble shows how to take a very successful product and expand it in new and different directions. While Bumble began life as a dating app it has since been extended into a product that can help make new friends as well as new business contacts.

Bumble is the brainchild of Whitney Wolfe Herd, an innovator and entrepreneur in the tech industry. She came up with the concept of a dating app where it is strictly the women who get to make the first move. Using this idea she co-founded Bumble and is its chief executive officer. Even if you don’t use or care about dating apps any business owner can learn quite a bit from the smart moves she has made with Bumble. Visit on her twitter account for more updates.


Before Whitney Wolfe Herd came along every dating app relied on men starting a conversation. How Bumble works is if both a woman and a man swipe right on each other, which is the way of showing interest, the woman has a day to send a message to him. If she doesn’t the connection disappears. The business lesson from this is that while you have a target demographic you’re not actually trying to reach everyone in it. It makes a lot of business sense to appeal to a smaller segment of the market rather than chasing everyone which usually results in being like everyone else in your industry and not achieving a lot of success.

Whitney Wolfe Herd has a reputation that has expanded well beyond the tech industry. Her business smarts and original vision resulted in her getting a non-voting position on Imagine Entertainment’s board of directors. This board, led by co-chairmen Brian Grazer and Ron Howard, chose Whitney Wolfe Herd because she would bring a fresh perspective. They wanted someone who thinks differently than the other board members do while at the same time understanding the importance of story-telling and how important human connection is.

Read more: https://en.wikipedia.org/wiki/Whitney_Wolfe

 

Shervin Pishevar Knocks the Burdon Monopolies Impose on an Economy

The tweet-storm that Shervin Pishevar produced on February 6, 2018, is an apt example of a mind that takes in information from several sources, analyzes it, and distributes a verdict based on experience. Shervin Pishevar had itemized such thoughts before, but not to this extent. The 50-tweets over a 24-hour period encompassed a panorama of views on the American economy. One of his most interesting points was the place and fate of industrial giants like Amazon, Apple, Microsoft, Google, and Alphabet in our economy.

 

In tweet #41, Shervin Pishevar notes, “Giants built on monopoly frameworks will fall. As they should. That’s how evolution works. Old forests burn to make room for the new.” When Pishevar mentions monopoly frameworks, he is talking about mega-corporations that adopt the practice of buying up and eliminating entrepreneurial enterprises that may or may not affect their bottom line. These huge corporations purchase all possible competitors to retain and manipulate their share of the market.

 

Shervin Pishevar is looking to the past to find the future. In 1913, Theodore Roosevelt demanded and signed the original antitrust laws. These laws were necessitated by the same monopolistic tendencies of those at the top of the economic food-chain that exist today. Pishevar points out the natural economic evolutionary pattern that destroys monopolies. Antitrust laws are one way that monopolies are broken up, as seen in the breakup of the Bell system in 1984. Most consumers asked “why” after a consent decree ordered the breakup in 1982. To the consumer, Bell looked like a perfect company that took care of the communication needs of the nation, just as the monopolistic corporations do today. However, the actions of Bell after the breakup of clinging to the old land-line systems and existing off the profits of the long-distance communication system spawns doubts that the wireless communication systems that birthed social media would ever have existed if Bell had not been broken up.

 

Another problem for monopolies is that they exist in a world separate from Main Street. Monopolies continue to demand high prices for inferior products when their product is the only one available. Competition is the force that creates innovation. Eventually, invention will overcome the static nature of monopolies as the consumer demands the superior product. Shervin Pishevar knows these facts. He has experienced the shock of monopolistic control and the excitement of busting that control. His tweet is an expression of that excitement.

 

https://www.msn.com/en-in/money/companies/shervin-pishevar-on-the-%E2%80%9Cshakespearean-melodrama%E2%80%9D-that-is-uber/vp-BBK40jk

Real-Time Communication with Talk Fusion’s New Platform

Each day, technology gets better. Specialists are ever occupied in their workrooms figuring out what next is going to better our lives. Recently, Talk Fusion launched a new improved edition of Live Meetings, which is an advancement of what we primarily know as methods of online communication. With the newly launched edition, updated features include the interface, and the most incredible thing is the absence of a downloadable file. Therefore, users only access the platform online without needing to install any program. Amazingly, Talk Fusion’s new Live Meetings can support up to 15 hosts and 500 participants concurrently.

 

The latest version of Talk Fusion’s Live Meetings is a one of its kind platform with a slew of benefits to the users. To begin with, it comes with an impressive audio whose clarity cannot be questioned since there are no echoes or any forms of distortions, and the video is sharp enough. The simplicity of use is also a perfect feature that makes Live Meetings easy to use for beginners, therefore, there is no need for training.

 

The success of Talk Fusion would not have been notable were it not for the input of Bob Reina, the Founder and Chief Executive Officer. Although he has quite a sense of humor, he never puts down his tools when it comes to working. Results and success of his company show his ability to lead and also manifests his qualities of being a visionary and dream-chasing entrepreneur. While at the University of South Florida, Bob Reina worked hard enough by juggling various jobs. Through hard work, he emerged the best in his police academy class.

 

When questioned about his success and productivity as an entrepreneur, Bob Reina never shy’s from explaining the need to be consistent and persistent. He attributes his success to his strong will at achieving the clear expectations on his list. Moreover, he sets clear deadlines so as to avoid any distractions that may inhibit his opportunity to succeed. With great proceeds from his career and investment, he is a naturally generous and philanthropic person as he helps people reach their goals. Learn more: http://jimmyezzell.com/who-is-bob-reina/

Avanca Gives Raving Newswatch TV Review

NewsWatch TV is a television show. They have worked with all kinds of companies, such as Sony and Intel.

 

One of the companies they worked with is Avanca. Avanca started an Indiegogo campaign to raise $10,000 in 30 days for a new product they were launching. If you are on IndieGoGo, you must collect all of the money that you put as your goal or else you will not be able to get any of that money. That is why they hired Newswatch to do a segment. The campaign was a smashing success, and Avanca thinks that it is because of Newswatch TV. In fact, Avanca collected a lot more than $10,000. They raised over $456,000, which is more than 29 times what they wanted to collect. They added that this was not the first time that they have worked with Newswatch TV and it will not be the last time. Both of the times Avanca has worked with Newswatch TV they have achieved their goals. They added that they have also been a pleasure to work with. Avanca highly recommends Newswatch TV if you are a business that wants to get the word out there about a new product that you are launching or if you want to raise money for your campaign.

Newswatch TV Reviews is a television show that airs every week. It focuses on technology, finances, and consumer news. They also bring on celebrities on their shows many times. They reach 96 million households in the United States. They have helped many businesses get their work out here. They work with Fortune 500 companies, nonprofits, and individual startups. Newswatch TV has won many awards for their excellent programming. They reach millions of people every year in hundreds of markets.

 

Malcolm CasSelle Explains the Possibilities of Worldwide Asset eXchange

The President of Worldwide Asset eXchange or WAX, Malcolm CasSelle, has recently described the benefits of the platform. The decentralized system allows people to transact virtual game assets through the marketplace. It utilizes the tokenizing system for the in-game items. Additionally, the new platform reduces the transaction costs, fractionalize the profits received by the players through centralized exchanges, create marketplaces for efficient transaction of assets, and more. The tokenization system of WAX makes ownership of virtual assets possible and create a bigger economy that can even offer physical assets.

 

WAX is utilizing a multi-layered governance approach that ensures regulatory surveillance by the token holders. This creates the monitoring and safety of the token hassle-free. When it comes to transferring of these virtual assets, there are Transfer Agents to ensure the same. Also, there are Guilds, supervisory committees of TAs, to monitor the transactions along with consensus algorithm. When TAs could not execute their tasks, it affects both reputation and monetary stake of the Guilds. Similarly, the Guilds who could not take action against TAs would not be re-elected by the token holders to administer their game.

 

Malcolm CasSelle says that owning a fraction of assets is the latest trend in the industry, like percent of a popular NBA player’s shoes. The fractionalizing option of physical properties adds numerous possibilities, especially for collectors and fans. With the decentralizing type of governance, Guilds take care of the regulatory oversight including monitoring ownership and authenticating items, whereas TAs specialize in asset delivery. Malcolm CasSelle visions that both TAs and Guilds would utilize IoT and RFID technologies to ensure efficient transaction of WAX tokens.

 

Malcolm CasSelle is a well-known entrepreneur with great visions on technology. He is also serving as the President and Chief Technology Officer of New Ventures of the media firm, tronc, Inc.

 

CasSelle completed his graduation from MIT in Computer Science and earned his master’s from Stanford University. He worked with a number of companies including SeaChange International, MediaPass, Xfire, Capital Union Investments, Groupon, and more. CasSelle is also the co-founder of NetNoir – an online news website and Pacific Century CyberWorks – a Hong Kong-based telecommunication service provider.

 

 

Greg Aziz Leading NSC into New Successes

Mr. Gregory James Aziz has been serving as the President, Chairman of the Board, and the Chef executive officer (CEO) of the Canadian manufacturer of railroad transportation National Steel Car for 25 years. He acquired the company back in 1994, and since then National Steel Car has made a strong comeback to its line of work.

When Mr. Gregory J Aziz acquired the business, National Steel Car had only six hundred employees, which was unusual mostly because the company is 104 years of age. It used to be one of the most active competitors for many years with only one significant down period which occurred at the start of the Great Depression. The company started receiving too few orders to be able to maintain its status. The National Steel Car experienced an inability to be flexible and adapt to the times as well as its competitors were during the Great Depression.

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Eventually, National Steel Car managed to get back into speed. After it survived the Great Depression, National Steel Car started receiving a massive amount of orders with the start of the Second World War. After the war the company started slowing down again and it had been operating in a stagnant state since.

 

The new period in the life of the 104-year-old company started when Mr. Gregory J Aziz became the owner of the business. By the fifth year, Mr. Gregory J Aziz had already managed to make significant expansions to the company.

National Steel Car s current operation beyond the border of Canada and not only on the national ground. The company has started doing business with clients based in the United States of America as well, and it is expected that National Steel Car will continue to expand its reach.

 

One of the latest clients of National Steel Car started working with the company last year in 2016. The company is the K+S Potash Canada or KSPC for short. K+S Potash Canada is a supplier of potash which delivers the material from its Bethune mine to clients based in North America.

 

The company of K+S Potash Canada received its international fleet from National Steel Car, and in August it also got its first freight cars from the Canadian manufacturer as well, two hundred cars to be exact. Over the course of the next couple of years, K+S Potash Canada will be receiving more cars. The partnership will beneficial for both sides. Go To This Page for more information.

 

Check out their Facebook page.

Gregory Aziz, The Brains Behind The Success Of National Steel Car

Gregory Aziz is the Chairman, President, and CEO of National Steel Car, a renowned railroad freight car company situated in Canada. National Steel Car has more than 100 years of experience in manufacturing quality steel cars for railroad transport. Gregory J Aziz purchased National Steel Car in 1994 from Dofasco. He used proceeds from his time in the banking industry. His ambition was to transform the company to the leading railroad car producer in North America.

 

James Aziz was born in Ontario, Canada on April 30, 1940. He majored in economics at the University of Western Ontario. After completing his education in 1971, he worked at a wholesale food business that was owned by his family. He grew the business to an international fresh foods trader. They would import fresh produce from South America and Europe and sell them to fresh food suppliers in Eastern Canada and America.

 

Gregory James Aziz attributes the success of National Steel Car to the substantial capital and workforce investment. Initially, National Steel Car produced 3,500 cars annually. Through hard work and determination, the production increased to 12,000 cars in just 5 years. National Steel Car has also grown the number of employees from 600 to 3,000 during the same period. By focusing on the strengths and improving the weaknesses of the employees, the company has managed to provide unrivaled services to their customers. The high-performance delivery has enabled them to attain ISO 9001:2008 certification. This makes them the only railroad car company in the whole of North America to receive this certification. Apart from ISO certification, the company has also been receiving the TTX SECO award severally for their outstanding performance.

 

Mr. Aziz has managed to ensure the company continues its outstanding performance through his persistence in engineering and industrial brilliance. National Steel Car continues producing high-quality railroad cars for freight purposes that meet AAR requirements. The company mainly focuses on ensuring their customer’s demands are met and a good working relationship is maintained. See More Info Here.

 

Apart from entrepreneurship, Mr. Aziz is a renowned philanthropist. The residents of Hamilton have felt his generosity on various occasions through National Steel Car. The company sponsors several local charities including the Salvation Army, Hamilton Opera, the United Way, Theatre Aquarius, amongst others. The company hosts an annual barbecue by the theme “Working Together for Success”. The event is held to bring together both current and past employees of the company, as well as their families, for food and drinks.

 

More: https://www.bloomberg.com/research/stocks/private/person.asp?personId=39124620&privcapId=35787198