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Aramsco spins up the Syclone


The Syclone answers the need for an efficient yet low-cost air mover. This low-amp-draw machine allows more units to be used in one room concurrently, resulting in a faster drying time.




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The Smallest, Lightest, Most Portable LGRs on the Market

Both the R125 and the R150 combine Phoenix innovation, technical expertise, and proven durability into their small, portable, chemical resistant roto-mold housings. 




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Pull Up and Start Drying with the Phoenix HD308

Designed and built for the rigors of the restoration industry, the Phoenix FireBird HD308 is the safest, most efficient, flexible, and durable heat system made.




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DASH: Restoration Management Software

When it comes to management software for restoration contractors, DASH beats every competitor hands down!




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Rotary 43 weekly club meeting

11/18/2024 - 12:00 PM - Venue: Pueblo Country Club




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Warmachine and Hordes

11/17/2024 - 4:45 PM - Venue: Chaos Games and More




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Azucar

11/16/2024 - 9:00 PM - Venue: Patsy's




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Warhammer 40K practice

11/16/2024 - 10:00 AM - Venue: Chaos Games and More




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Azucar

11/15/2024 - 9:00 PM - Venue: Patsy's




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FSMA is coming: Are you ready?

In 2011, Congress passed the Food Safety Modernization Act (FSMA), which mandates a shift in approach to food safety from reaction to prevention.




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Nefab expands in Arizona with new Tucson facility

FLSmidth will be the largest customer of the new plant, which will serve as a comprehensive hub for the company’s warehousing and packaging needs, including dangerous-goods-certified solutions.




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UBS maintain a US$2900 target for gold

UBS is sticking to its bullish gold forecast.

  • says the move higher for equities and lower for gold is a 'highly optimistic' view for lower policy and political risk, this is premature
  • expect US yields and US dollar to move into downtrend, which will support gold
  • gold fundamentals, as a hedge and diversity play, are intact
This article was written by Eamonn Sheridan at www.forexlive.com.




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EUR/USD hits its lowest in a year

The rising USD continues to ... rise still.

EUR/USD is circa 1.0555 and at its lowest since November last year.

The Federal Reserve appears to be on track for a December rate cut but its not bothering dollar bulls, taking their cues from the world of politics dollar-bostering Trump policies. Trump, of course, won't in the big chair until after January 20 but markets discount the future. Or what they expect in the future anyway. And that's a stronger dollar for now.

This article was written by Eamonn Sheridan at www.forexlive.com.




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EUR/USD feels the inevitable pull towards 1.0500 next

There was a bit of a wrestle after the US CPI report yesterday but eventually, the dollar once again reigned supreme. EUR/USD saw a break below the April low of 1.0601 and has now traded down to fresh lows for the year. As the greenback continues to run a rampage, it is starting to draw in a rather critical level for EUR/USD in the bigger picture:

As seen from the above, the pair has been sort of stuck within a range of 1.0500 to 1.1200 roughly since the start of 2023.

As such, there looks to be an inevitable pull towards the 1.0500 mark now as sellers have proven their mettle at each and every other test since the start of October trading. The most recent of course being the fall below the April low of 1.0601, as mentioned above.

Taking the technical backdrop above into consideration, it pretty much means we're reaching a very, very critical juncture in gauging the post-election dollar momentum.

A firm break below 1.0500 is not only one to set off any further declines in EUR/USD. But the spillover potential means that it is going to spur even further gains in the dollar as we look towards year-end.

There is certainly strong arguments for that, as Adam pointed out here. But are traders going overboard in frontrunning the potential for the Trump trade and tariffs? That's something to consider as well perhaps.

For now, the momentum trade is name of the game in FX. However, don't ignore the implications set out by key technical boundaries such as the one in the chart above. That will be vital in determining the strength and resolve of the dollar momentum we're seeing now.

This article was written by Justin Low at www.forexlive.com.




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Another light calendar day beckons in Europe today

The US CPI report yesterday here provided some reason for a push and pull in markets but ultimately, the dollar settled higher as it continues its post-election momentum. It's tough to fight that especially with dollar bulls also seeking out key technical breaks on the charts. And the greenback is once again keeping a little firmer today:

EUR/USD is holding at its lowest levels this year after the break below the April low of 1.0601 overnight. Meanwhile, USD/JPY had a brief brush against 156.00 earlier as it eyes further gains alongside an uptick in Treasury yields.

Elsewhere, GBP/USD is closing in on its August low of 1.2665 while USD/CAD is up to its highest levels since 2020 in a push above 1.4000. It's all about the dollar as it rampages on in the post-election period.

Looking to the session ahead, there isn't anything on the agenda in Europe to shake up that sentiment. All eyes will once again fall on more US data later in the day to perhaps add to the mix. Otherwise, the euphoria from Trump trades is still very much permeating across broader markets with Bitcoin also hoping to firmly clear $90,000 since yesterday.

0800 GMT - Spain October final CPI figures1000 GMT - Eurozone Q3 GDP second estimate1000 GMT - Eurozone September industrial production

That's all for the session ahead. I wish you all the best of days to come and good luck with your trading! Stay safe out there.

This article was written by Justin Low at www.forexlive.com.




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Eurostoxx futures flat in early European trading

  • German DAX futures -0.1%
  • UK FTSE futures -0.2%

This comes with S&P 500 futures also seen down by 0.2% currently. Wall Street had a mixed day but overall was little changed, as investors pumped the brakes on the post-election euphoria for the time being. In Europe, things are still muddy as the threat of Trump tariffs continue to cloud the bigger picture outlook for next year.

This article was written by Justin Low at www.forexlive.com.




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What are the main events for today?

The European session is going to be once again a bit empty on the data front with just a couple of low tier data points. We get the 2nd estimate of the Eurozone Q3 GDP and the ECB Meeting Minutes. Both of them are old news and the market won't care much about it.

In the American session, the focus will be on the US PPI and Jobless Claims data. Yesterday's US CPI came in line with expectations and after a bit of a "sell the fact" reaction in the US Dollar, the market started to bid it again.

The CPI wasn't the main culprit though as the momentum got triggered by Fed's Logan comment saying "models show that Fed funds could be very close to neutral" potentially implying a lot more cautious approach on rate cuts in 2025.

13:30 GMT/08:30 ET - US October PPI

The US PPI Y/Y is expected at 2.3% vs. 1.8% prior, while the M/M measure is seen at 0.2% vs. 0.0% prior. The Core PPI Y/Y is expected at 3.0% vs. 2.8% prior, while the M/M figure is seen at 0.3% vs. 0.2% prior.

This report will be seen in light of the US CPI data yesterday as it will give us a better estimate of the US Core PCE due at the end of the month. An upside surprise might trigger some more US Dollar gains as the market could price out some more the rate cuts expected in 2025, but the December cut remains pretty much assured.

13:30 GMT/08:30 ET - US Jobless Claims

The US Jobless Claims continues to be one of the most important releases to follow every week as it’s a timelier indicator on the state of the labour market.

Initial Claims remain inside the 200K-260K range created since 2022, while Continuing Claims after an improvement in the last two months, spiked to the cycle highs in the last couple of weeks due to distortions coming from hurricanes and strikes.

This week Initial Claims are expected at 223K vs. 221K prior, while Continuing Claims are seen at 1880K vs. 1852K prior.

Central bank speakers:

  • 08:30 GMT - ECB's de Guindos (dove - voter)
  • 13:00 GMT/08:00 - BoE's Mann (hawk - voter)
  • 14:00 GMT/09:00 ET - Fed's Barkin (neutral - voter)
  • 15:00 GMT/10:00 ET - Fed's Kugler (dove - voter)
  • 18:30 GMT/13:30 ET - ECB's Schnabel (hawk - voter)
  • 19:00 GMT/14:00 ET - ECB's Lagarde (neutral - voter)
  • 20:00 GMT/15:00 ET - Fed Chair Powell (neutral - voter)
  • 21:15 GMT/16:15 ET - Fed's Williams (neutral - voter)
This article was written by Giuseppe Dellamotta at www.forexlive.com.




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European indices open higher to kick start the day

  • Eurostoxx +0.6%
  • Germany DAX +0.7%
  • France CAC 40 +0.3%
  • UK FTSE flat
  • Spain IBEX +0.3%
  • Italy FTSE MIB +0.4%

It's still early in the day but European indices are at least hoping to recover some poise after the fall earlier in the week. US futures are also seen flattish at the moment, after having been down earlier in the day. So, that's at least helping with the broader market mood. But again for Europe, the outlook remains challenging considering all the recent developments with regards to German politics and the US election result.

This article was written by Justin Low at www.forexlive.com.




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USDJPY Technical Analysis – The market is sensing a change

Fundamental Overview

The US CPI yesterday came in line with expectations leading to a bit of a “sell the fact” reaction in the US Dollar.

The bullish momentum picked up a bit later though as Fed’s Logan delivered a hawkish comment saying that “models show that Fed funds could be very close to neutral” basically implying a lot more cautious approach on rate cuts in 2025.

The market is viewing all of this in light of the recent US election as Trump’s policies are likely to spur growth and potentially keep inflation above target for longer, making the Fed’s job of bringing inflation back to target a bit harder.

USDJPY Technical Analysis – Daily Timeframe

On the daily chart, we can see that USDJPY finally extended the rally into new highs helped by a hawkish comment from Fed’s Logan. There’s no strong technical resistance now at least until the 160.00 handle.

If we get a pullback, the buyers will likely lean on the trendline with a defined risk below it to position for a rally into the 160.00 handle. The sellers, on the other hand, will want to see the price breaking lower to start targeting a drop back into the 152.00 support.

USDJPY Technical Analysis – 4 hour Timeframe

On the 4 hour chart, we can see that we have a minor upward trendline defining the current bullish momentum. If we get a pullback, the buyers will likely lean on it to position for new highs, while the sellers will look for a break lower to target a break below the major trendline.

USDJPY Technical Analysis – 1 hour Timeframe

On the 1 hour chart, there’s not much else we can add as from a risk management perspective, the buyers will have a better setup around the trendline, while the sellers are better to wait for a technical break lower instead of trying to catch the top. The red lines define the average daily range for today.

Upcoming Catalysts

Today we have the US PPI and the US Jobless Claims figures. Tomorrow, we conclude the week with the US Retail Sales data.

See the video below

This article was written by Giuseppe Dellamotta at www.forexlive.com.




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Floki’s Valhalla Partners with Dubai’s Mall of the Emirates for Landmark Campaign

Valhalla, Floki’s PlayToEarn Massively Multiplayer Online Role-Playing Game (MMORPG) blockchain game is proud to announce a partnership in the United Arab Emirates (UAE).

On Nov. 13, Valhalla unveiled a partnership with Dubai's Mall of the Emirates, marking a milestone in its global outreach efforts.

The partnership will see Valhalla’s branding prominently displayed across 93 screens in the mall for a four-week campaign running from November 15 to December 12.

Mall of the Emirates, located in the heart of Dubai, is one of the world’s most prestigious shopping destinations. Since opening in 2005, it has become an iconic landmark, attracting millions of visitors each year. The mall sees daily traffic of approximately 111,500 people, making it a prime venue for Valhalla’s campaign to reach a diverse and international audience.

The mall’s strategic location on Sheikh Zayed Road, a prime area in Dubai, combined with its diverse visitor base, offers Valhalla an opportunity to engage both local and international audiences.

Spanning an area of 255,489 square meters, the multi-level mall boasts over 630 retail outlets, 80 luxury stores, and 250 flagship stores. It also features some of Dubai’s most popular attractions, including the indoor ski resort Ski Dubai, the Magic Planet entertainment center, and VOX Cinemas. The mall’s dining options, with over 100 restaurants and cafés, further enhance its appeal as a top destination for both residents and tourists.

The Campaign’s Goal

Valhalla is ramping up its presence in the UAE, a key market for crypto adoption.

Despite its smaller population, the UAE ranks as the third-largest crypto economy in the MENA region, with $34 billion in crypto transactions recorded between July 2023 and June 2024. This represents an impressive 42% year-on-year growth, far outpacing the MENA average of 11.73%, according to Chainalysis.

Dubai’s rapid evolution into a crypto hub has been fueled by initiatives like the Dubai International Financial Centre (DIFC) and Virtual Asset Regulatory Authority (VARA), which offer crypto-friendly regulatory frameworks. This has drawn major players and startups, solidifying Dubai’s status as a global crypto leader.

Valhalla’s campaign at Mall of the Emirates aligns perfectly with this momentum. By showcasing its brand in one of Dubai’s busiest and most iconic locations, Floki aims to boost awareness and adoption of its ecosystem.

This campaign follows Floki’s recent four-week marketing initiative at WAFI Mall in Dubai, running from November 8 to December 5, where its branding appears across 18 digital screens. Together, these efforts are part of Floki’s larger strategy to dominate the Dubai crypto scene.

About Valhalla

Valhalla (https://valhalla.game/) is a blockchain-based MMORPG inspired by Norse mythology, offering players the chance to discover, tame, and battle with creatures called Veras. The game features a player-driven economy and a hexagonal battlefield designed for dynamic combat. Users can learn more at Valhalla.game.

About Floki

Floki is the people’s cryptocurrency and utility token of the Floki Ecosystem. Focused on utility, community, philanthropy, and strategic marketing, Floki is working toward becoming the world’s most recognized and used cryptocurrency. With over 490,000 holders globally, Floki has already established a strong brand presence.

This article was written by FL Contributors at www.forexlive.com.




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AUDUSD Technical Analysis – The market expects the Fed to pause soon

Fundamental Overview

The US CPI yesterday came in line with expectations leading to a bit of a “sell the fact” reaction in the US Dollar.

The bullish momentum picked up a bit later though as Fed’s Logan delivered a hawkish comment saying that “models show that Fed funds could be very close to neutral” basically implying a lot more cautious approach on rate cuts in 2025.

The market is viewing all of this in light of the recent US election as Trump’s policies are likely to spur growth and potentially keep inflation above target for longer, making the Fed’s job of bringing inflation back to target a bit harder.

AUDUSD Technical Analysis – Daily Timeframe

On the daily chart, we can see that AUDUSD broke through the recent low around the 0.6537 level and extended the drop into the 0.6460 level as the US Dollar restarted its run on stronger US data. The natural target should be around the 0.6362 level.

From a risk management perspective, the sellers will have a better risk to reward setup around the trendline. The buyers, on the other hand, will want to see the price breaking higher to start targeting a rally into the top of the yearly range around the 0.69 handle.

AUDUSD Technical Analysis – 4 hour Timeframe

On the 4 hour chart, we can see that we have another minor downward trendline defining the current bearish momentum. If we were to get a pullback, the sellers will likely lean on the trendline with a defined risk above it to position for a drop into new lows. The buyers, on the other hand, will want to see the price breaking higher to start targeting a bigger pullback into the major trendline.

AUDUSD Technical Analysis – 1 hour Timeframe

On the 1 hour chart, there’s not much more we can add although we can see that we have a minor resistance zone around the 0.65 handle. If the price gets there, we can expect the sellers to pile in for move lower, while the buyers will look for a break higher. The red lines define the average daily range for today.

Upcoming Catalysts

Today we have the US PPI and the US Jobless Claims figures. Tomorrow, we conclude the week with the US Retail Sales data.

This article was written by Giuseppe Dellamotta at www.forexlive.com.




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USD/JPY above 155 - Citi wary of intervention risk

Citi analysts suggest that while the USD/JPY may briefly surpass ¥155, any sustained rally in the dollar against the yen could be capped by potential intervention from the Japanese government and anticipated rate hikes by the Bank of Japan.

  • USD/JPY breach of ¥155, Citi notes that the Bank of Japan may have a stronger incentive to raise rates to 0.5% in its upcoming December meeting to counterbalance yen weakness.

  • Despite current dollar strength, Citi maintains a bearish outlook for the USD/JPY in the longer term, suggesting limited upside for the pair heading into next year.

This article was written by Eamonn Sheridan at www.forexlive.com.




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RBA Bullock says rates are restrictive enough, staying there until confident on inflation

Reserve Bank of Australia Governor Bullock

  • bond markets pretty well behaved globally
  • bond markets reflecting increasing government debt
  • think we are restrictive enough, will stay there until confident on inflation

More:

  • recent inflation had both supply- and deand-sdie components
  • aim is to lower inflation
  • prices not going back to pre-covid level, that would be deflation and not going to have that
This article was written by Eamonn Sheridan at www.forexlive.com.




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European Central Bank President Lagarde and VP de Guindos speaking Thursday, Schnabel too

0830 GMT / 0330 US Eastern time - Remarks by European Central Bank's vice president Luis de Guindos at 31 Encuentro del Sector Financiero organised by ABC and Deloitte in Madrid, Spain

1830 GMT / 1330 US Eastern time - Participation by ECB Board member Isabel Schnabel in policy panel "Reassessing Policy Tools for Current and Future Challenges" at 25th Jacques Polak Annual Research Conference "Rethinking the Policy Toolkit in a Turbulent Global Economy" in Washington, DC

1900 GMT / 1400 Remarks by ECB President Christine Lagarde at Choiseul Sovereignty Awards 2024 ceremony

I posted yesterday on the prospect of deeper than expected ECB rate cuts yet to come:

Meanwhile, EUR is struggling near a one-year low:

This article was written by Eamonn Sheridan at www.forexlive.com.




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Bank of England Monetary Policy Committee member Mann is speaking again on Thursday

Mann spoke Wednesday:

Mann was the sole dissent at the previous BoE meeting, voting to keep the Bank rate on hold.

Speaking again at 1300 GMT / 0800 US Eastern time:

  • at the Society of Professional Economists Annual Conference

Also on the speaker circuit is Governor Bailey:

This article was written by Eamonn Sheridan at www.forexlive.com.




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New York Fed's Williams speaking Thursday - Kugler, Barkin also (Powell too!)

Times below are GBT / US Eastern time:

1400 / 0900 Federal Reserve Bank of Richmond President Thomas Barkin speaks on the economy in fireside chat before the Real Estate Roundtable

1500 / 1000 Federal Reserve Board Governor Adriana Kugler speaks on "Central Bank Independence and Economic Outlook" before the Latin American and Caribbean Economic Association (LACEA) and the Latin American Chapter of the Econometric Society 2024 Meeting

2000 / 1500 Powell, as already noted

2115 / 1615 Federal Reserve Bank of New York President John Williams speaks before the "Intermediating Impact: Making Missing Markets" event hosted by the Federal Reserve Bank of New York

As head of the NY Fed Williams is vice chair of the Federal Open Market Committee (FOMC) and has a permanent vote at the table. .

This article was written by Eamonn Sheridan at www.forexlive.com.




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Bank of Japan Deputy Governor Uchida comments - not on economy, monetary policy, or yen!

Non policy-related comments.

This article was written by Eamonn Sheridan at www.forexlive.com.




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BDO Executive is Winner of CPA.com's 2017 Innovative Practitioner Award

CPAs from SC&H and Cherry Bekaert LLP Named Runners-Up

NEW YORK (Sept. 7, 2017) –  BDO executive Kelly Johnson, CPA, is the winner of CPA.com’s 2017 Innovative Practitioner Award, which recognizes innovation in process, services or technology implementation in public accounting firms.

Johnson, BDO’s national leader of business services and outsourcing, led the development of BDODrive, a cloud-based, integrated solution for financial management, accounting services and business intelligence. The platform provides real-time, streamlined accounting information via dashboards for clients, operational efficiencies and access to the Top 10 accounting firm’s specialized expertise for businesses. While CPA.com administers the voting process online, winners of the Innovative Practitioner Award are chosen by their peers.

“The tangible growth in client accounting services that’s been documented in research by the AICPA and CPA.com is due to the kind of fully realized offerings being developed by BDO and others,” said Erik Asgeirsson, president and CEO of CPA.com. “Kelly is a deserving standard-bearer for our Innovative Practitioner Award, and I want to thank all our finalists in the competition who are helping drive innovation in the profession. It was a strong field this year.”

Johnson will be recognized as the award winner at the 2017 Digital CPA Conference, which she will be invited to attend as a guest. The event will be held Dec. 4-6, 2017, at the Marriott Marquis in San Francisco.

Among the finalist group, two other runners-up were recognized for their innovative work. They are:

First Runner Up

  • Michael Lynch, CPA, principal of SC&H Group’s CFO Advisory Services practice, developed an outsourced accounting practice focused in part on emerging life science and software-as-a-service companies. He uses technology to automate workflow and transactional processing, and acts as a trusted advisor for management on business development, financial leadership and strategy.

Second Runner-Up

  • Jonathan Kraftchick, CPA, managing director, Cherry Bekaert LLP, developed training programs to educate auditors on coming changes in artificial intelligence and machine learning and how these innovations might impact the profession. Within his firm, he is also involved with two beta projects with vendors to improve data analytics and machine learning in audit applications.

To read more about these practitioners, please visit the award page. More information about the Digital CPA Conference can be found at digitalcpa.com.

About CPA.com

CPA.com offers a growing list of products and services for practice management, client advisory services and professional development. The company has established itself as a thought leader on cloud technology and has been a driving force around the reemergence of virtual CFO/controller services by firms.

The RIVIO Clearinghouse, a joint venture between CPA.com and Confirmation.com, is an online financial document clearinghouse that enables private businesses to exchange key financial information with lenders and investors.

CPA.com is a majority-owned subsidiary of the American Institute of CPAs, the world’s largest member body representing the accounting profession. For more information, visit CPA.com.

CPA.comSep 7th, 2017Press Releases




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Two CPA.com Staffers Named to CPA Practice Advisor's 'Top 20 Under 40 Superstars' List

NEW YORK (Sept. 8, 2017) – Two CPA.com staffers have been named to CPA Practice Advisor’s Top 20 Under 40 Superstars list, which the trade publication said is composed of “young leaders helping advance the profession through their roles in technology, education, consulting and firm development.”

Representing CPA.com on the list are Samantha Mansfield, the company’s director of professional development and community, and Kalil Merhib, director of sales. Mansfield is a driving force behind the Digital CPA Conference and the curriculum and training it offers to firms, including the recently launched Client Accounting Advisory Services (CAAS) certificate and CPA.com’s popular CAAS workshops. Merhib’s key responsibilities include rollout of the RIVIO Clearinghouse, a private company financial information hub jointly developed by CPA.com and Confirmation.com, and working with firms across the country in building effective strategies for outsourced accounting practices.

“This year’s 40 Under 40 and 20 Under 40 honorees are visibly and incrementally changing the accounting profession through their exemplary leadership, their innovative thinking, their collaborative efforts guaranteed to provide unity to the profession across the generations, and their community outreach which extends the visibility of the profession outside the workplace” Gail Perry, CPA Practice Advisor’s editor-in-chief, wrote in an article announcing the winners.

“It’s a great honor for CPA.com to have two employees on this list,” said Erik Asgeirsson, president and CEO of CPA.com. “We’re grateful to see validation of our staff’s hard work in helping CPA firms embrace change and thrive.”

The full list of winners can be found on CPA Practice Advisor’s website.

About CPA.com

CPA.com offers a growing list of products and services for practice management, client advisory services and professional development. The company has established itself as a thought leader on cloud technology and has been a driving force around the reemergence of virtual CFO/controller services by firms. The RIVIO Clearinghouse, a joint venture between CPA.com and Confirmation.com, is an online financial document clearinghouse that enables private businesses to exchange key financial information with lenders and investors.

CPA.com is a subsidiary of the American Institute of CPAs, the world’s largest member body representing the CPA profession. For more information, visit CPA.com.

CPA.comSep 8th, 2017Press Releases




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Productivity Enablement: Simplifying the Most Challenging Parts of Your Job and Becoming Future-Ready

With 12 words, Seth Godin has captured one of the biggest, most frustrating and difficult-to-overcome challenges of our time: “We’re so busy doing our jobs, we can’t get any work done.”

Until a clear return on investment is defined, many leaders fall back on the status quo, thinking we can dig ourselves out from the avalanche of busy-ness if we just work a little harder. But there are two problems with that line of thinking:

  1. We’ll never have less work to do. The problem isn’t what we’re doing; it’s how we’re doing it.
  2. Instead of worrying about the ROI, we should focus on the RONI—the risk of not investing. Today, that risk is huge. Our competitors are working to become future ready. If we don’t, we risk irrelevance at best…and extinction at worst.

Mike Sabbatis, CEO of XCM™, discusses how new productivity enablement and workflow solutions can help leadership teams work smarter, not harder—and increase their resource capacity to focus on strategies that prepare them for the future and deliver higher business performance.

In this webinar, you will learn:

  • How connecting your people and processes through technology can result in higher productivity
  • Techniques to create a work environment that is structured to attract and retain the best talent
  • Benefits of capturing the Who, What, When, Where & Why of your business practices

NOTE: This on-demand webinar does not offer CPE credit.

View Webinar
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Bill.com and CPA.com Expand Accountant Partner Program

Bill.com and CPA.com have expanded their Accountant Partner Program. The program offers services, resources and technology to help accounting firms solve bill payment challenges for their clients.

The program has been updated to offer services tailored to the needs of large firms. Enhancements include dedicated Bill.com implementers for client portfolios, educational and training resources, and Bill.com accountant-specific features.

The upgrades come in response to a 2017 Bill Payment Trends Survey from Bill.com and CPA.com, which found 77 percent of large accounting firms wish their clients would eliminate paper checks, 75 percent recommend their clients pay their bills online, yet only 25 percent require clients to use a specific solution for digital bill payment. According to Bill.com, this disconnect illustrates an opportunity for client accounting services to be more efficient and demonstrate more value to clients.

The Bill.com Accountant Partner Program now offers:

● Dedicated Bill.com implementation consulting and support for client adoption, including implementers experienced with bill payment in large accounting firms; and

● New features for the Bill.com Accountant Console, a portal that helps firms manage client bill payments. Firms can add and remove staff from multiple clients at once, assign customer roles and permissions, and create reports on billing and system access.

These additions join existing educational resources Bill.com already offers to small and midsize accounting firms.

“The enhanced Accountant Partner Program allows greater collaboration between Bill.com, CPA.com, and accounting firms at every stage of client accounting services,” said Michael Cerami, CPA.com’s vice president of strategic alliances and business development, in a statement. “Whether a firm is targeting prospective or existing clients, the program delivers the tools and resources necessary for firm-wide adoption of digital bill payments.”

The Accountant Partner Program is available for all Bill.com clients. To learn more, visit https://www.bill.com/for-accountants/.

https://www.accountingtoday.com/news/billcom-and-cpacom-expands-accountant-partner-programAccounting TodayDec 4th, 2017Media Coverage




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Harnessing the Power of Trust: The Future of Client Communications for Your Retirement Plan

Join Warren Cormier, CEO and co-founder of Boston Research Technologies for an exciting presentation that will highlight advances in the science of communications, focusing on how we can better connect with defined contribution plan participants and clients through trust-based communications, intuitive decision making and Enhanced Active Choice.

Download
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Get Smart With B2B International Payments

https://www.cpa.com/system/files/cpa/infographics/bdcinternationalpayments_infographic.pdf




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Charting Your Sales & Use Tax Business Model

The sales tax landscape has dramatically changed since the Supreme Court overturned Quill in June 2018. Almost all states have responded by updating their remote seller nexus rules over the past year. With these changes, comes an opportunity to support clients that need help navigating these changes. Many firms are expanding their sales and use tax services, but like most other practice areas, developing a business model and plan is critical for success.

Join us for a webinar as we explore different business models that firms have established to provide sales and use tax services. We will take a look at the types of services firms are offering to help clients comply with changing sales and use tax laws. During the webinar we will discuss how to:

  • Identify a business model that works best for your firm
  • Determine the services your firm can offer
  • Find opportunities for internal firm collaboration
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Request for pre-qualification: Life-Cycle Support and Technical Consultative Services for the Integrated Notification Application (INA) Software

Secretariat
RFPQ/SEC/17/2016
Invitation for Prequalification (IFP)
Mon, 2016-08-01 (All day)
28 August 2016

For more details please see attached the Request for pre-qualification.

 

 

 

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Request for Information (RFI): Enterprise Risk Management Software

Secretariat
Enterprise Risk Management Software
Request for Information (RFI)
Thu, 2016-08-04 (All day)
28 August 2016

Background

The Organization for Security and Co-operation in Europe (OSCE) is an international non-profit organization with its Secretariat in Vienna, Austria; detailed information about the work of the OSCE and its presence is available at www.osce.org

Risk Management at the OSCE

The Department of Management and Finance (DMF) provides services in the area of finance, budget, information and communication technology, procurement and assets management, as well as in maintaining the system of internal control and a supporting risk-based approach to management decision-making that facilitates achieving OSCE´s objectives. This is achieved through proactive identification, evaluation and control of major, security and operational risks across the OSCE.

In 2008, the OSCE implemented a web-based Enterprise Risk Management software that supports the collection of risks across the OSCE and reporting on them.

At present, the OSCE is satisfied with the current software solution but interested to learn about alternative products, their technical capabilities, and related pricing information.

Requirements

In view of the above, the OSCE is interested to receive feedback from the market on the following requirements:

1. Product name;
2. Service options - cloud based vs. on premises;
3. Functional capabilities including:
• Multiple browser;
• Enable the OSCE to manage risk in a structured way and assist with embedding the ownership, management, review and reporting of risks to stakeholders;
• Provide full mapping of risks, controls, ownership, risk status, control status;
• Access real-time interactive dashboards and reporting tools allowing to get to the data that is needed promptly for further analysis and/or decision-making;
• Customize reports and their format;
• Customize naming of the fields to be consistent with the OSCE naming convention;
• Operate two sets of naming for the fields to allow for differing terminology for security and operational risks;
• Create drop-down lists with standardized sets of risks and controls;
• Register cross-cutting risks;
• Possibility to include audit recommendations, tracking, compliance and other business functions.  Possibility to cross-link the data (e.g. audit recommendations to the new controls proposed).
4. Technical requirements;
5. Data migration from existing platform to a new solution;
4. Availability of technical support function and related cost. If initial support is provided for free, please specify the timeframe;
5. Possibility of data exchange (integration) with Oracle ERP;
6. Demo access;
7. Success stories (e.g., implementation and usage in the international organizations and agencies e.g., UN, World Bank, etc.;
8. Pricing and licensing information.

The feedback on the above requirements is required by the OSCE to evaluate the quality of current system and support the decision making process toward new system.

Request for Information procedure

Interested Vendors wishing to participate in the pre-qualification process are requested to submit relevant pre-qualification documentation by email to Yury Golovkov at yury.golovkov@osce.org by 28 August 2016 22:00HRS CET.

All responses will be rated against the mandatory requirements and pre-qualification criteria. At the end of the evaluation process, Vendor will be notified where its response rated as acceptable or not.

OSCE Disclaimer

The OSCE reserves the right to accept or reject any pre-qualification documentation, and to annul or to suspend the pre-qualification and subsequent tender process and reject all solicitations at any time and without reason prior to the date of Contract Award, without thereby incurring any liability or responsibility to affected participants of this pre-qualification or tender process.

END.

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Selection of Microsoft-designated Large Account Reseller (LAR) for provision of Microsoft Software and Related Services

Secretariat
ITB/SEC/18/2016
Invitation to Bid (ITB)
Thu, 2016-07-14 (All day)
11 August 2016

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Criminal justice responses to terrorism in focus at OSCE seminar in Tashkent

TASHKENT, 2 December 2015 - Effective criminal justice responses to terrorism, based on the rule of law, were the focus of a two-day seminar organized by the OSCE Secretariat’s Action against Terrorism Unit, in co-operation with the OSCE Project Co-ordinator in Uzbekistan, which concluded today in Tashkent.

The seminar gathered about 30 representatives of national agencies involved in counter-terrorism and focused on the Global Counterterrorism Forum’s (GCTF) Rabat Memorandum on Good Practices for Effective Counterterrorism Practice in the Criminal Justice Sector. Experts in the field of criminal justice presented good counter-terrorism practices developed in Bosnia and Herzegovina, Germany, the Netherlands, the United Kingdom and the United States, as well as the work the United Nations Office on Drugs and Crimes (UNODC) is pursuing in this area.

“This two-day seminar is a follow-up to an assessment visit by the United Nations Counter-Terrorism Committee Executive Directorate (UN CTED) in April this year, which the OSCE contributed to,” said the OSCE Project Co-ordinator in Uzbekistan Gyorgy Szabo in his opening remarks. “The seminar aims at promoting internationally recognized good practices that show how to balance rule of law concerns with effectively preventing and combating terrorism.”

Among other topics, the participants discussed the effective co-ordination between domestic government agencies and the importance of international co-operation, particularly when being confronted with terrorism. The seminar also highlighted the need to ensure the protection of sensitive intelligence and law enforcement information in terrorism cases, as well as for adopting incentives for suspects to co-operate with state authorities in the investigation and prosecution of terrorism offenses.

All OSCE participating States and Partners for Co-operation have committed to furthering international co-operative efforts in promoting effective and rule of law-based responses of their national criminal justice systems as part of a global strategy to counter terrorism.

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OSCE launches training seminar for Uzbek journalists on human trafficking

TASHKENT, 12 July 2016 – A three-day seminar for journalists to improve their skills in reporting on human trafficking, organized by the OSCE Project Co-ordinator in Uzbekistan and the Office of the Prosecutor General, began yesterday.

The seminar brings together 26 journalists from all the regions of Uzbekistan to discuss the challenges of reporting on human trafficking and effective ways to overcome them by drawing on international and national good practices. “For better coverage of human trafficking, it is important to both see it as a global phenomenon and understand its specifics in your own country,” said Anatoly Verbin, an international media expert, addressing the media specialists.  

Ambassador John MacGregor, the Project Co-ordinator in Uzbekistan, said that OSCE anti-trafficking commitments include the cultivation of partnership with journalists to enhance their knowledge and understanding of the complexity of the phenomenon, which is a composite of many serious crimes as well as denials of rights. “Prevention of human trafficking cannot be effective if the media do not join us in raising awareness of this crime. The trafficked persons need understanding and assistance in restoring their rights, not moral accusations, judgment or pity,’’ he noted.

Gyulnoza Rakhimova, the head of the press service of the Office of the Prosecutor General, stressed that the training will cover current legislative and law enforcement practices, how to make the information more interesting for readers and not to violate the rights of victims of trafficking.”

The training is part of the OSCE Project Co-ordinator’s project to assist Uzbekistan in combating trafficking in human beings and to develop a comprehensive victim-support system through expert advice and information.

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OSCE Project Co-ordinator lights up central Tashkent with 20 solar-powered street lamps

TASHKENT, 29 July 2016 - A central area of Tashkent is to be lit by 20 autonomous street light systems fully powered by solar energy as part of a pilot project officially launched today by the OSCE Project Co-ordinator in Uzbekistan.

The Co-ordinator is supporting the host country in the area of green economy policies, including the analysis of costs and benefits in using environmentally-friendly and sustainable systems in street lighting and urban planning.

Senior Project Officer at the OSCE Project Co-ordinator Hans-Ullrich Ihm said that urban street lighting powered by solar energy is one of many possibilities that contribute to preserving our environment by reducing the consumption of fossil fuel and emissions. He added that the Project Co-ordinator strives to support the government in implementing policies advocating for such technologies.

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OSCE Project Co-ordinator in Ukraine trains social entrepreneurs on social media marketing

Ways to increase the sustainability of social businesses by using social media marketing tools were discussed at a training session organized in Kyiv on 26 July 2016 by the OSCE Project Co-ordinator in Ukraine.

The event gathered representatives of three social businesses that were established with the support of the OSCE Project Co-ordinator in Ukraine so that they can provide job skills for people vulnerable to human trafficking. The social businesses also simultaneously serve as revenue sources for local NGOs working on anti-trafficking.

The training course focused on widespread social networks and ways of using them for increasing social enterprises’ profit, including the best use of social media to attract customers and gain their positive feedback. The participants had a chance to practice their digital skills and communication abilities during the hands-on exercises aimed at producing high-quality content for social networks.

Natalia Myakushko, Head of the Rukomysli Social Enterprise in Lviv, thanked the OSCE Project Co-ordinator for its continuous support. “The innovative idea of social business requires innovative tools for its development and this training helps us to use modern communication channels in an efficient way for the benefit of people vulnerable to human trafficking,” she said.

This is the first of three training sessions which will help social entrepreneurs develop a strategy for interacting with new media.

The training sessions are part of a project on preventing human trafficking in Ukraine through the economic empowerment of vulnerable persons, which is being implemented by the OSCE Project Co-ordinator in co-operation with the Ukrainian Ministry of Social Policy, and with the support from the Canadian Government and Norwegian Ministry of Foreign Affairs.

The project aims at the establishment of and support to social businesses that work to prevent human trafficking by providing beneficiaries with sufficient and sustainable income at home, giving them genuine and viable livelihood options, and therefore decreasing the likelihood of persons taking up deceptive job offers where they may be exploited.  

So far, 52 people at risk of human trafficking, including 14 internally displaced people, two victims of domestic violence and one ex-combatant, as well as six people who were formerly subjected to human trafficking have already benefited from the job skills’ courses within these social businesses.

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Bringing security home: More needs to be done to combat violence against women and girls, say participants of OSCE conference in Vienna

VIENNA, 22 July 2016 - Violence against women and girls is one of the most serious and pervasive human rights violations. More needs to be done to eliminate this problem so that women can participate without barriers in all spheres of life, said participants of a high-level OSCE conference today in Vienna.

The conference, organized by the OSCE Gender Section and Germany’s 2016 OSCE Chairmanship, brought together representatives of governments of OSCE participating States, international organizations and civil society to discuss the progress, and to exchange good practices and lessons learned in the efforts to end violence against women..

“One in three women worldwide has experienced physical and/or sexual violence in their lifetime, perpetrated by intimate partners, family members, acquaintances and strangers,” said OSCE Secretary General Lamberto Zannier, opening the conference. “While we should take note of past and current achievements and activities, we need to now translate our commitments into concrete action”.

 Ambassador Zannier referred to the 2004 OSCE Action Plan on the Promotion of Gender Equality and OSCE Ministerial Council Decisions of 2005 and 2014, which called on participating States to address gender-based violence through legislation, supporting victims’ access to justice, education of relevant institutions and ensuring that women and girls receive special consideration in terms of protection and assistance.

Baroness Joyce Anelay, the UK’s Minister of State at the Foreign and Commonwealth Office and Department for International Development was one of the prominent speakers of the event.

"The OSCE Action Plan on the Promotion of Gender Equality is clear that this agenda is essential to achieving comprehensive security across the OSCE region. We all have a responsibility to promote women's empowerment and their full political, social and economic participation," she said.

Baroness Anelay is also UK Prime Minister’s Special Representative on Preventing Sexual Violence in Conflict. Earlier this week she addressed representatives of OSCE participating States and Partners for Co-operation at meetings of the Forum for Security Co-operation and the Permanent Council on the need to promote the role of women in conflict prevention and resolution.

Ambassador Eberhard Pohl, Chair of the OSCE Permanent Council and representing Germany’s OSCE Chairmanship, said: “The protection of women and girls needs our special attention. Violence against women is not only a traumatizing experience for individuals; it has an adverse impact on the stability of societies as a whole. As the OSCE Chairmanship we call for the joint political will in the OSCE to speed up combating violence against women. It is a violation of human rights and all OSCE participating States have committed to ensuring human rights for all its inhabitants equally.”

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OSCE Office in Tajikistan organizes first regional forum for promoting women’s political participation in Khujand

The OSCE Office in Tajikistan on 24 July 2016 organized the first regional forum for promoting women’s political participation in Khujand, with the aim of increasing community outreach, engaging women leaders in the region and supporting women’s empowerment in political and public life.

The forum brought together 40 experts from political parties, local authorities, international organizations and civil society members, and is designed as a platform for dialogue between women politicians and communities. They will work to motivate young girls who aspire to become leaders or hold decision-making positions in public life, and aim to gain support from communities and local authorities for the advancement of women in political life.

“Our project aims to build strong support for women leaders, to tackle gender stereotypes, to surface and articulate the aspirations, choices and skills of women and girls of Tajikistan, so that they can realize their full potential in public and political life,” said Vesna Ivanovikj-Castarede, Head of the Democratization Unit at the OSCE Office. 

Shanjeev Thiruchelvam, OSCE Field Officer in Khujand, said: “Both male and female community leaders, politicians and civil society representatives have expressed keen interest in the continued work of the Sughd Women's Forum, which recognizes, and aims to provide opportunities to develop female leadership in Sughd public life.”

Similar forums are to be organized across the country. 

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OSCE Office in Tajikistan support Garm’s local authorities in strengthening referral mechanisms for protecting domestic violence victims

GARM, Tajikistan, 28 July 2016 – Some 20 representatives of civil society and state agencies working to provide direct assistance to domestic violence victims learned about good practices on local referral mechanisms in other regions of Tajikistan at a workshop held today in Garm by the OSCE Office in Tajikistan.

The representatives of crisis centres, the local police department, state services for social protection and medical care, the local Ombudsman’s Office, and religious leaders enhanced their knowledge of the multi-agency Working Group and how inter-agency co-operation can further assist victims of violence. They also discussed the current challenges and ways to improve the local mechanism through the use of a victim-centered approach.

“It is encouraging to see multidisciplinary approaches being applied by governmental and non-governmental partners in other regions of the country,” said Viorelia Rusu, the OSCE Office’s Gender and Anti-Trafficking Officer. “OSCE-supported Women Resource Centres in the regions also play an important role, supplementing the efforts of local government in providing direct assistance services to domestic violence victims.”

The event was part of the OSCE support offered to the Interior Ministry in gender mainstreaming in police reform, and was aimed at institutionalizing informal mechanisms for the referral and assistance of domestic violence victims at the local level.

The OSCE Office supported similar initiatives on multi-agency working groups in the Kulyab and Djaihun regions at the end of last year and beginning of this year. 

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OSCE promotes ‘green’ women’s entrepreneurship in rural areas of Kazakhstan

The fourth in a series of five OSCE-supported training seminars for women entrepreneurs working in the field of green technology started on 29 July 2016 in Arnasai village, Central Kazakhstan.

The training seminar, organized by the OSCE Programme Office in Astana in close co-operation with the Coalition for Green Economy and G-Global Development brought together some 20 participants from rural areas of the Central Kazakhstan region to raise their awareness on the use of modern green technologies in effective horticulture, such as energy and water-saving methods, drip irrigation, solar greenhouses and vermicultivation.

“We believe that the role of women in promoting green businesses in the rural areas is crucial and enormous. This is due to the fact that most of them are involved in agriculture and household management activities, which nowadays remain one of the few opportunities to support the family and community in remote regions,” said György Szabó, Head of the OSCE Programme Office in Astana. “Thus, the Office stands ready to provide its continuous expert support to such initiatives aiming at better information- and technology-sharing.”

The event is part of the Office’s multi-year efforts to promote green growth, environmental security and women’s empowerment in economic activities.

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OSCE-supported Awards recognize best practices in local governance in Montenegrin municipalities

Awards recognizing best practices in local governance in Montenegro’s municipalities over the course of this year were presented at a ceremony organized on 28 December 2015 in Podgorica by the OSCE Mission to Montenegro in co-operation with the Union of Municipalities and the Ministry of Interior.

The annual Awards, now in their eighth year, are open to all local government units and allow them to showcase successful and innovative solutions and initiatives in providing services to their citizens.

Opening the award ceremony, Chairperson of the Executive Board of the Union of Municipalities of Montenegro and Mayor of Cetinje, Aleksandar Bogdanović, said the Awards were the product of the excellent co-operation of national authorities, local government and international organizations with the aim of supporting sustainable development at the local level.

Deputy Head of the OSCE Mission Dan Redford said: “The OSCE Mission to Montenegro has always and will continue to support each and every effort of local governance units in Montenegro to enhance principles of good governance in their communities. These are of fundamental importance because local government is closest to citizens and provides them with essential services. Our goal has always been to mobilize and stimulate action by local stakeholders so that the citizens may benefit from good democratic governance at the local level, through the continuously improving quality of local public services.”

General Director of Directorate for State and Local Authorities in the Ministry of Interior Dragana Ranitović said this programme is of great importance for local governance units as it enables the sharing of best practices among municipalities and that it could be expanded further to facilitate bilateral cross-border co-operation.

The winners of this year’s Awards are:

  • Žabljak Municipality for its economical financial practices;
  • Budva Municipality for its effective human resources management through an electronic personnel recording system;
  • Petnjica Municipality for establishing institutional models to enhance co-operation with citizens and the diaspora;
  • Bijelo Polje Municipality for its work in economically empowering women;
  • Berane Municipality for establishing a Secretariat for Sports, Culture, Youth and Co-operation with NGOs, and a Youth Council.

Berane Municipality also received a special award for introducing a more efficient accounting management system for budget spending, and for establishing the post of an Internal controller.

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OSCE Mission to Montenegro clarifies role with regard to upcoming elections

PODGORICA, 4 April 2016 - In response to articles carried in various media outlets, the OSCE Mission to Montenegro would like to clarify its role regarding the upcoming elections. While the Mission has contracted an international senior-level expert to advise the State Election Commission (SEC) on their technical preparations for the parliamentary elections anticipated for this autumn, the Mission does not observe elections.

This expert is currently working with the SEC in developing training materials to be used by election commissioners for the upcoming local government election in Tivat on 17 April.

Through its senior-level technical expert, the Mission will continue its efforts in providing technical assistance to the SEC up to and including the conclusion of parliamentary elections.

The relevant institution within the OSCE responsible for election observation is the Warsaw-based OSCE Office for Democratic Institutions and Human Rights (OSCE/ODIHR). As per the OSCE/ODIHR's election observation methodology, during the deployment of an election related activity for parliamentary elections, a clear separation of mandates between the OSCE/ODIHR and the OSCE Mission to Montenegro will be maintained.

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OSCE Mission and OSCE/ODIHR support Montenegro’s parliament in drafting an action plan on gender sensitivity

The first activities of an action plan to create a more gender-sensitive national parliament in Montenegro were drafted during a workshop in Podgorica on 18-19 April 2016 organized by the OSCE Mission to Montenegro in co-operation with the Parliamentary Committee for Gender Equality and the OSCE Office for Democratic Institutions and Human Rights (ODIHR).

The event gathered 18 participants, including members of parliament and representatives of the parliamentary service, institutions and civil society, who, led by experts, drafted the first activities of the action plan. The plan covers six key areas: leadership and commitment, gender-balanced representation, gender-sensitive legislation and policy, parliamentary services and infrastructure, gender awareness in parliamentary culture, and parliament as a promoter of gender equality. Participants set the end of the year as the goal for finalizing and putting the plan up for adoption for the new convocation of the Parliament for the first quarter of 2017.

“The on-going gender mainstreaming of the Montenegrin Parliament is a significant step forward in translating our written pledges into actual reality,” said Dan Redford, Deputy Head of the OSCE Mission to Montenegro. “In particular, I am delighted to hear that the development of a roadmap and subsequent drafting of their action plan have been initiated by the parliament. This has to be the clearest indicator that its implementation has great chances of success and becoming ‘mainstream’ in the truest sense of the word.”

Nada Drobnjak, Chair of the Parliamentary Committee for Gender Equality highlighted the fact that the drafting of this important document and its subsequent adoption will make the Montenegrin Parliament a leader and pioneer in the region, and beyond.

In 2015, the Mission and ODIHR, in co-operation with the Committee for Gender Equality developed a roadmap towards a gender-sensitive parliament which served as the basis for the development of the action plan. The development and the adoption of the action plan is one of the measures initiated and included in the action plan for strengthening the legislative and oversight role of Montenegrin Parliament. 

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OSCE Mission to Montenegro marks World Press Freedom Day: Public Service Broadcaster hosts televised debate on media freedoms

A televised debate hosted by the Montenegrin Public Service Broadcaster and supported by the OSCE Mission on 2 May 2016, ahead of World Press Freedom Day, raised on awareness about the threats to media freedoms and specific problems facing journalism as a profession.

Taking part in the debate were Nikola Markovic, Editor-in-Chief of daily Dan; Tufik Sofitc, Acting Director of Radio Berane, journalist of daily Vijesti and weekly Monitor, and currently under police protection; Ranko Vujovic, Executive Secretary of the Media Council for Self-Regulation ; Marijana Bojanic, Executive Director of Vijesti Television; and Drasko Djuranovic, Editor-in-Chief of the daily Pobjeda.

Among the issues highlighted were problems related to the polarized media industry in Montenegro, different pressures on journalists, state-financing subsidies and the media market, the social standing of journalists, and the lack of solidarity.

Panellists agreed that the amended Code of Ethics for media professionals is a major step forward which has improved co-operation among the media but the focus now should be on its implementation.

 “In order to achieve and practice the freedom of expression, it is necessary to have a strong and independent media, and in order to have that, it is essential to ensure their sustainability,” said Bojanic. 

The TV debate is available in the Montenegrin language.

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  • OSCE Mission to Montenegro
  • Media freedom and development
  • South-Eastern Europe
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OSCE Mission to Montenegro and Montenegrin parliament hosted meeting of Secretaries General of Western Balkans parliaments

Secretaries General and Deputy Secretaries General of Western Balkans parliaments, heads of human resources and information and communications technology departments, legal advisors and representatives of OSCE Missions in the region took part in a meeting on strategic and annual planning in parliaments in Podgorica, Montenegro on 1 and 2 June 2016.

The aim of the event, hosted by the OSCE Mission to Montenegro and the Montenegrin Parliament, was to discuss current developments and exchange best practices and lessons learned in regard to planning in parliaments.  

Dan Redford, Deputy Head of the OSCE Mission to Montenegro, stressed the importance of developing the institutional capacity of parliaments to make them strong and self-reliant.

Suljo Mustafic, Secretary General of the Parliament of Montenegro, thanked the OSCE Mission to Montenegro for its support and co-operation in publishing the Parliamentary Lexicon - a collection of terms used in parliamentary life - which was presented at the meeting. Mustafic underlined the importance of transparency in the decision-making process and the benefits of planned development of parliamentary institutions regardless of the constant changes that parliaments underlie. 

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