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Industry moves in the right direction to help those in need

FPSA foundation also supported food-insecure communities through the DEFEAT HUNGER initiative.




v

Fresh sausage — a perennial favorite

Fresh sausages are one of the most popular types of processed meat. Fresh sausage is available in a wide variety of flavors and styles.




v

Four beverage industry trends to watch in 2015

In their latest Global Beverage Packaging Market report, market research firm TechNavio (technavio.com) estimates that the beverage packaging industry will have a compounded annual growth rate of 4.11% globally over the next four years.




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Top 150 frozen food processors report: Industry overcomes consumers' negative perception of frozen foods

In May 2014, the American Frozen Food Institute (AFFI), McLean, Va., launched a national effort to encourage consumers to take a fresh look at frozen foods.




v

Yogurt’s expanding universe

Yogurt manufacturers are getting innovative and capitalizing on the diversity of yogurt with niche products and appealing to a wider audience. Whole-fat and low-sugar varieties are part of the mix.




v

Find new innovations at PROCESS EXPO

As professionals in the packaging industry return from their well-deserved summer vacations, they will be able to kick-off the fall by finding the newest technologies at PROCESS EXPO.




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Oil - private survey of inventory shows headline crude oil draw vs build expected

The data is a day later than normal this week due to the US holiday on Monday.

The numbers via oilprice.com on Twitter:

--

Expectations I had seen centred on:

  • Headline crude +0.1 mn barrels
  • Distillates +0.2 mn bbls
  • Gasoline +0.6 mn

---

This data point is from a privately-conducted survey by the American Petroleum Institute (API).

  • It's a survey of oil storage facilities and companies
  • The official report is due Wednesday morning US time.

The two reports are quite different.The official government data comes from the US Energy Information Administration (EIA)

  • Its based on data from the Department of Energy and other government agencies
  • Whereas information on total crude oil storage levels and variations from the previous week's levels are both provided by the API report, the EIA report also provides statistics on inputs and outputs from refineries, as well as other significant indicators of the status of the oil market, and storage levels for various grades of crude oil, such as light, medium, and heavy.
  • the EIA report is held to be more accurate and comprehensive than the survey from the API
This article was written by Eamonn Sheridan at www.forexlive.com.




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Australian October unemployment rate 4.1% (vs. 4.1% expected)

The latest Labour Force report from the Australian Bureau of Statistics, for October 2024.

Employment +15.9k

  • expected +25.0k, prior +64.1k

Unemployment Rate 4.1%

  • expected 4.1%, prior 4.1%

Participation Rate 67.1%

  • expected 67.2%, prior 67.2%

Full Time Employment +9.7k

  • prior +51.6k

A slightly softer employment report than we are accustomed to. Not a bad one. But a miss for jobs added, and the participation rate saw a tic knocked off.

More:

  • employment to population ratio remained at 64.4%
  • underemployment rate decreased to 6.2%
  • monthly hours worked increased to 1,972 million.

more to come

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




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ICYMI: Ex-Mr Yen Kanda said Japan will act appropriately against excess FX movements

Japan's former vice minister of finance for international affairs, Masato Kanda was reported with comments on Wednesday ICYMI.

  • currency market volatility had increased reflecting recent changes in monetary policies and political situations in major countries
  • "There is no change to our stance that we will need to respond appropriately to excess movements on the currency market as excessive foreign exchange volatility is undesirable"

His comments have not slowed the yen decline:

***

Kanda is now a special adviser to Prime Minister Shigeru Ishiba and the finance ministry., said in an interview that currency market volatility had increased reflecting recent changes in monetary policies and political situations in major countries.

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




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China’s annual production of new energy vehicles surpassed 10 million units on Thursday

Chinese media, Global Times, citing a state media report (CCTV):

  • China’s annual production of new energy vehicles surpassed 10 million units on Thursday, info via China Association of Automobile Manufacturers.
  • the first country to reach this milestone globally
  • output for the whole year is expected to reach 12 million

The US and EU have quickly built walls (tariffs and other imposts) to protect domestic vehicle producers. This is not usually a recipe for thriving industry.

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




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Another one (big figure) bites the dust - USD/JPY pops above 156.00

Still no efforts from Japan to talk up the yen.

The USD is stronger pretty much everywhere.

USD/JPY has pooped above 156.00 and its straddling thereabouts as I post.

No fresh news apart from whats been posted. Not that any is needed right now.

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




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ForexLive Asia-Pacific FX news wrap: USD pumps higher

The continuing US dollar uptrend … continued.

USD/JPY traded, above 156.00, to a high not seen since July. EUR/USD, meanwhile, dropped under 1.0550 to a low not seen in a year. AUD, NZD, GBP, CHF, CAD, yuan all moved lower. As did hapless gold. BTC/USD dropped back from above US$93.5K, but this thing is a beast, it gets a free pass ;-) .

On the data front the release of note was Australia’s job report for October. Job growth slowed down and the unemployment report steadied at 4.1%. It was a solid report without being spectacular. Slowing wage growth (data released yesterday) and a steady job market leaves the Reserve Bank of Australia to focus on bringing inflation down. RBA Governor Bullock spoke during the session. Bullock was not dovish, signalling that rates are restrictive enough but will not be coming down imminently.

The People’s Bank of China once again set the USD/CNY reference rate weaker (stronger for CNY) than estimates indicated.

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




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FX option expiries for 14 November 10am New York cut

There is just one to take note of, as highlighted in bold. But dollar domination is the name of the game now, so just be wary that the expiries aren't going to matter all too much.

The one highlighted is for EUR/USD at the 1.0550 level. However, it isn't one that holds any technical significance now that the pair has broken below the April low of 1.0601. The 1.0500 mark is next on the cards with the October 2023 lows beckoning below that closer to 1.0450.

The monthly chart for the pair highlights how we've been in a range between roughly 1.0500 to 1.1200 since the start of 2023. So, there is some key technical focus towards the downside support there and that's the more important level to pay attention to with the dollar continuing to push upwards.

For more information on how to use this data, you may refer to this post here.

This article was written by Justin Low 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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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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Spain October final CPI +1.8% vs +1.8% y/y prelim

  • Prior +1.5%
  • HICP +1.8% vs +1.8% y/y prelim
  • Prior +1.7%

Core annual inflation was seen at 2.5% on the month, up slightly from 2.4% in September. That just reaffirms a small bump in the works in the disinflation process. But given recent developments, the ECB will still feel comfortable in sticking with rate cuts for now.

This article was written by Justin Low 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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Eurozone Q3 GDP second estimate +0.4% vs +0.4% q/q prelim

  • Prior +0.3%
  • GDP +0.9% vs +0.9% y/y second estimate
  • Prior +0.6%

No changes to the initial estimates as this just reaffirms more modest growth in the euro area in Q3. But this is old news, as the focus is on the outlook next year with Trump tariffs set to come into the picture.

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




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Eurozone September industrial production -2.0% vs -1.4% m/m expected

  • Prior +1.8%; revised to +1.5%

Looking at the details, the drop here is largely driven by a decline in capital goods (-3.8%) and energy production (-1.5%). The former is seen declining back after a surge higher in August (+3.8%). The declines for the month are partially offset by increases in output for durable consumer goods (+0.5%) and non-durable consumer goods (+1.6%). The production for intermediate goods was flat on the month.

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




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BOE's Mann: I describe myself as an 'activist' rather than a 'gradualist' on rates

  • An 'activist' approach means to cut less until it is clear inflation persistence has been purged
  • I would be ready to cut rates in bigger steps when inflation risks have gone

As mentioned, she's arguably the most hawkish member on the policy committee. So, these comments need to be taken with that in consideration. Her comments are also reflected by her bank rate vote last week here, as she was the only member to dissent against the rate cut decision.

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




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Fed's Logan: Models show that Fed funds could be 'very close' to neutral

  • Fed will 'most likely' need more cuts but should 'proceed cautiously'
  • If Fed cuts too far past neutral, inflation could re-acclerate
  • Difficult to know how many Fed rate cuts may be needed, and how soon they need to happen
  • Fed has made a great deal of progress in bringing inflation down
  • Fed not quite back to price stability yet
  • US economic activity is resilient
  • Labor market cooling gradually but not weakening materially
  • Sees upside risk to inflation, downside risk to employment, says financial conditions may pose biggest challenges for monetary policy
  • If bond yields continue to rise, the Fed may need less-restrictive policy

Logan last spoke in late October and wasn't quite this hawkish. I think the Fed cuts in December but takes a pause after that and waits to see how things play out.

This article was written by Adam Button at www.forexlive.com.




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St. Louis Fed President Musalem (2025 voter) will be speaking at the top of the hour.

St. Louis Fed Pres. Musalem is scheduled to speak at the top of the hour. Musalem is a voting member in 2025. Back on October 7, Musalem spoke and said:

  • More rate cuts likely given economic outlook.
  • Won't predict timing or size of future Fed easings.
  • Personal rate outlook is above Fed’s median view.
  • Costs of easing too much outweigh easing too little.
  • Supported Fed’s decision last month to cut rates by 50 basis points.
  • Policy patience has served Fed well.
  • Cooler job market still consistent with strong economy.
  • Expects inflation pressures to continue to abate.
  • Expects inflation to converge to 2% over next couple of quarters.
  • Financial conditions remain supportive of growth.
  • Some economic activity slowed by rate policy, election uncertainty.

That was over a month ago. So how he weighs in now will be interesting given the backup in yields and other economic and other developments since that time

This article was written by Greg Michalowski at www.forexlive.com.




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Fed's Musalem: Recent info suggests inflation risks have risen

  • Risks to the jobs market have remain unchanged or have fallen
  • Fed may be on the 'last mile' to price stability, inflation expected to converge to 2% over the medium term
  • Monetary policy well posited, Fed can 'judiciously and patiently' judge income data to decide on further rate cuts
  • Strong economy on track for a 'solid' fourth quarter
  • Growth is broad-balanced and driven by consumption, income growth, productivity, supportive financial conditions and wealth effects
  • Recent high productivity could prove durably structural but that remains uncertain
  • Core inflation remain elevated
  • Pressure in services industries slowly abating

This is the third Fed official who has floated some more-hawkish hints. It's hardly a signal of a pause in December but early 2025 is going to be interesting. There are meetings in January, March and May. Assuming a cut in Dec, there is one cut fully priced in for that period (and a smidge more).

That sounds about right based on the comments and data but that's going to swing based on the next set of numbers and beyond.

This article was written by Adam Button at www.forexlive.com.




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Investment bank bullish on Fed rate cuts; inflation concerns linger

UBS remain upbeat on further Federal Reserve interest rate cuts to come. Analysts at the bank acknowledge heightened concerns about inflation in the market, and also trimmed market pricing for cuts ahead.

Ahead of Wednesday's CPI report (Forexlive Americas FX news wrap 13 Nov: US CPI comes out as expected. USD continues rise) UBS points:

  • Economic data signals a stronger-than-expected economy. Concerns about inflation remain

  • Market expectations lean towards a slower pace of Fed rate cuts

  • Fed officials view the current rate as restrictive but are balancing employment and inflation goals. A major inflation surprise would be required to shift policy outlooks.

  • The Fed is likely to continue rate cuts, with a potential 25 basis point cut in December and further easing expected in 2025.

And, the data result was not enough to dissuade analysts at UBS from expecting further cuts from the FOMC ahead, referring to the in line CPI print not changing the underlying fundamentals and economy narrative.

***

The latest from FedWatch shows a solid expectation for a 25bp cut on December 18:

This article was written by Eamonn Sheridan 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.




v

USD/JPY ticking higher, above 155.70

USD/JPY is extending its gains.

So far no intervention type comments out of Japan - rapid, speculative, excess volatility .... blah, blah, blah. Nope, nothing. Yet at least. I thought we would haves seen some open mouths by now.

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




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PBOC sets USD/ CNY reference rate for today at 7.1966 (vs. estimate at 7.2326)

The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.

  • USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.
  • CNH is the offshore yuan. USD /CNH has no restrictions on its trading range.
  • A significantly stronger or weaker rate than expected is typically considered a signal from the PBOC.

Previous close was 7.2330

In open market operations (OMOs):

PBOC injects 328bn yuan via 7-day RR, sets rate at 1.5%

  • 19bn yuan mature today
  • net injection is 309bn yuan
This article was written by Eamonn Sheridan at www.forexlive.com.




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GBP traders heads up - Bank of England Governor Bailey is speaking late Thursday

2100 GMT / 1600 US Eastern time on Thursday, November 14, 2024:

  • Bank of England Governor Andrew Bailey will deliver a speech at the Annual Financial and Professional Services Dinner, Mansion House

We last heard from Bailey a week ago:

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




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Federal Reserve Chair Powell is speaking on Thursday

Federal Reserve Chair Jerome Powell delivers a speech on his economic outlook, followed by a question and answer session.

  • Powell participates in "Global Perspectives" conversation before event hosted by the Dallas Regional Chamber, World Affairs Council of DFW and the Federal Reserve Bank of Dallas
  • @ 2000 GMT / 1500 US Eastern time

While the Fed seems committed to a December rate cut not all signs in the CPI data on Wednesday were encouraging.

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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Australian jobs report recap - "remains in relatively solid health"

The data is here from earlier:

Westpac with the recap, in brief:

Australian labour market remains in relatively solid health

  • employment growth slowing broadly in line with population growth
  • average hours holding steady
  • few signs that labour demand is capitulating to an extent that warrants concern
  • labour market conditions remain somewhat tight ... this is not translating to stronger wage inflation pressures
  • On balance, today’s update will see the RBA continue to remain focused on the dynamics around underlying inflation.

***

Speaking of the RBA, we heard from Bullock earlier, not dovish:

***

AUD/USD update:

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




v

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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v

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.

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How Much Should I Save for Retirement?

Determining how much to save for retirement is challenging, given the high uncertainty about income, portfolio returns, and spending needs many years into the future. Given this uncertainty, and the high heterogeneity of earning potential and spending needs, what works well on average does not work well for everyone. A one-size-fits-all solution is unlikely to work.

Our free webinar has Dr. Marlena Lee discussing the different retirement strategies to help you and your firm reach your retirement goals.

In this presentation Dr. Lee will help examine:

  • Target income replacement rates
  • Saving more as income grows
  • The importance of starting early and saving consistently
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Top Challenges Facing Firms Performing PCR Services

https://www.cpa.com/system/files/cpa/infographics/top-challenges-facing-firms-performing-pcr-services-onpoint-cpacom_0.pdf




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Facility Condition Assessments Prove Valuable as Workplaces Change




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Provision of Conducting a Survey on the Well-being and Security of Women in South East Europe, Eastern Europe and the South Caucasus

Secretariat
RFP/SEC/10/2016
Request for Proposal (RFP)
Wed, 2016-07-13 (All day)
23 September 2016

The main objective of this OSCE project is to create evidence including in the context of conflict/crisis  to be used in the long term for improved programming and policy-making.

The contractor will be expected to undertake all aspects of work relating to the survey and additional qualitative research, including:

• pre-test/pilot study of the new conflict module;
• development of country/area specific research tools;
• qualitative key expert interviews and focus group discussions;
• interviewer selection (female interviewers only);
• interviewer training;
• random selection of respondents;
• questionnaire finalisation and translation of fieldwork and interviewer training materials;
• all fieldwork/data collection;
• data entry and processing;
• data analysis and drafting several thematic and regional reports.

The data will be collected through the use of structured, quantitative survey interviews and additional key expert interviews and focus group discussions. The survey interviews will be carried out face-to-face in each country/area by female interviewers who have completed in-depth, in-person training dedicated to the topic of the survey.

The interviews will be conducted using a standardised questionnaire already developed. Part of the contract will be testing revisions on this questionnaire and finalizing it.

The required net sample size is a minimum of 1500 women per country/area using a strict random (probability) sample.

The Contractor will be responsible for ensuring the quality, consistency and timeliness of work carried out in each country/area selected to take part in the study. The consistency of the methods and procedures applied in the various countries/areas and strict compliance with the detailed methodology of the survey needs to be ensured by the Contractor. The foreseen total duration of the assignment is 15 months.

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  • Secretariat
  • Western Europe and North America
  • Request for Proposal (RFP)
  • One-off purchase

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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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Provision of mobile voice and data services to the OSCE centre in Bishkek, Kyrgyzstan

OSCE Centre in Bishkek
RFP/KYR/04/2016
Request for Proposal (RFP)
Fri, 2016-07-01 (All day)
22 August 2016

mobile voice and data services to the OSCE centre in Bishkek, Kyrgyzstan

 

 

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  • OSCE Centre in Bishkek
  • Request for Proposal (RFP)
  • 3 years

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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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OSCE-supported training course in Tashkent focuses on improving judicial responses to human trafficking

TASHKENT, 22 June 2015 – A two-day training course on improving judicial responses to human trafficking, organized by the OSCE Project Co-ordinator in Uzbekistan, in co-operation with the Lawyers’ Training Centre under the Uzbek Justice Ministry, was launched today in Tashkent.

Some 20 newly-appointed judges from all regions of Uzbekistan will discuss effective ways to use international and national legal tools in dealing with criminal cases on trafficking in human beings as well as relevant good judicial practices and challenges.

“The training course is designed to help the judges to assess the implementation of the non-punishment principle for victims while handling the criminal cases,” said Ambassador Gyorgy Szabo, Project Co-ordinator in Uzbekistan. “This kind of training course serves as a platform for the exchange of experience and professional expertise related to Human Rights Protection.”

Askar Gafurov, Director of the Lawyers’ Training Centre, said: “The training course is one of the commitments of Uzbekistan to improve the effectiveness of countering human trafficking and to develop a comprehensive victim-support system through expert advice and in service training activities.”

The training course is part of  the OSCE Project Co-ordinator’ s long-term project to assist Uzbekistan in combating trafficking in human beings.

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OSCE trains Uzbek law enforcement bodies on asset recovery and mutual legal assistance

TASHKENT, 21 September 2015 – An OSCE-organized week-long training course for Uzbek law enforcement bodies on identifying and tracing illegitimate assets and the various instruments of asset forfeiture and recovery began today in Tashkent.

Experts from the Basel Institute of Governance will share international best practices with senior representatives in charge of international legal co-operation and the fight against corruption and money laundering within the General Prosecutor’s Office, the Ministry of Interior and other law enforcement bodies.

“The ability to launder ill-acquired assets outside of the jurisdiction of their country of origin is one of the major enablers of corrupt behaviours,” said Ambassador Gyorgy Szabo, Project Co-ordinator in Uzbekistan. “This is why the OSCE regards the identification and recovery of illegitimate assets, no matter where they might be hidden, as a crucial element of the fight against corruption.”

The OSCE Project Co-ordinator in Uzbekistan organized the training course jointly with the Swiss Agency for Development and Co-operation, the Basel Institute of Governance and the General Prosecutor’s Office of Uzbekistan.

During the course, participants will also learn about the mechanisms of international mutual legal assistance and how they can be used during anti-corruption investigations.

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OSCE-supported training course in Uzbekistan focuses on addressing and preventing human trafficking in the tourism sector

TASHKENT, 5 November 2015 – Addressing and preventing human trafficking in the hospitality and tourism sector is the topic of a two-day OSCE-supported training course, launched today in Tashkent, for 25 representatives from Uzbekistan’s tourism infrastructure, airlines, airport services and police.

The course, organized by the OSCE Project Co-ordinator in Uzbekistan and the National Inter-agency Commission on Counteracting Human Trafficking, aims to contribute to preventing human trafficking through awareness raising and developing the anti-trafficking codes of conduct for personnel.

The OSCE Project Co-ordinator in Uzbekistan Gyorgy Szabo said the training course would help representatives from private businesses develop corporate responsibility for preventing human trafficking in the tourism infrastructure.  

Astrid Winkler, representative of the ECPAT International (End Child Prostitution, Child Pornography and Trafficking of Children for Sexual Purposes), said that “It is important that all stakeholders, including the tourism business, understand what human trafficking is and take a stance against it. Business can do a lot in terms of prevention.”

The training course is part of the OSCE Project Co-ordinator’s project to assist Uzbekistan in combating the trafficking in human beings.

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OSCE promotes implementation of effective traffic safety measures in Uzbekistan

TASHKENT, 7 April 2016 – The implementation of traffic management and effective road safety measures were the focus of an OSCE-supported roundtable discussion for some 40 representatives of the Interior Ministry, Parliament, state agencies, media and civil society, and a two-day seminar for 25 traffic police officers, held in Tashkent from 5 to 7 April. 

The roundtable saw discussions focus on the measures Uzbekistan has been taking in implementing the state programme on traffic safety and ways to strengthen road traffic security. Three experts from Turkey and Serbia shared best practices on traffic management, public awareness campaigns and road safety measures implemented in their countries. Special emphasis was put on the importance of effective communication between different stakeholders with the overall aim of preventing traffic accidents and promoting good practices.

“It is important to maintain a constructive dialogue between different stakeholders involved in implementing newly-adopted regulations aimed at enhancing the efficiency of traffic-safety measures and raising awareness among the population about road-related risks,” said Nataša Rašić, Acting OSCE Project Co-ordinator in Uzbekistan.

Following the roundtable discussion, officers from the Interior Ministry’s Traffic Safety Police Department enhanced their knowledge during a seminar about best practices in enforcing traffic regulations. The experts from Turkey and Serbia provided a comprehensive overview of the road safety situation in their countries while highlighting the advantages of integrated road systems and new technologies in road safety, including the video control of roads.

The seminar’s participants also exchanged views on new methods of traffic police training and stressed the importance of improving driver education as well as the procedures for granting driver’s licences.

The events were organized in co-operation with the Interior Ministry as part of a joint project aimed at improving the efficiency of traffic safety measures in Uzbekistan.

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