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Class Notes: Virtual college counseling, rainy-day savings accounts, and more

This week in Class Notes: Accounting for the consumption value of college increases the rate of return to a college education by 12-14%. Virtual college counseling increases applications to four-year and selective universities, particularly among disadvantaged students, but the effect on acceptance and enrollment is minimal. Automatically enrolling employees into an employer-sponsored savings account is a cost-effective way of helping workers…

       




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What accounts for gaps in student loan default, and what happens after

Executive summary In a previous Evidence Speaks report, I described the high rates at which student loan borrowers default on their repayment within 12 years of initial college entry, often on relatively modest amounts of debt. One of the most striking patterns emerging from that report and other prior work is how dramatically default rates…

       




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Accountability for early education–a different approach and some positive signs

Early childhood education in the United States is tangle of options—varying in quality, price, structure, and a range of other dimensions. In part as a result, children start kindergarten having had very different experiences in care and very different opportunities to develop the skills and dispositions that will serve them well during school. Systematic differences…

       




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From saving to spending: A proposal to convert retirement account balances into automatic and flexible income

Abstract Converting retirement savings balances into a stream of retirement income is one of the most difficult financial decisions that households need to make. New financial products, however, offer people alternative ways to receive retirement income. We propose a default decumulation solution that could be added to retirement plans to simplify decumulation choices in much…

       




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Health Policy Issue Brief: How to Improve the Medicare Accountable Care Organization (ACO) Program


Contributors: Alice M. Rivlin and Christine Dang-Vu

Recent data suggest that Accountable Care Organizations (ACOs) are improving important aspects of care and some are achieving early cost savings, but there is a long way to go. Not all ACOs will be successful at meeting the quality and cost aims of accountable care. The private sector has to date allowed more flexibility in terms of varying risk arrangements—there are now over 250 accountable care arrangements with private payers in all parts of the country—with notable success in some cases, particularly in ACOs that have been able to move farther away from fee-for-service payments. Future growth of the Medicare ACO program will depend on providers having the incentives to become an ACO and the flexibility to assume different levels of risk, ranging from exclusively upside arrangements to partial or fully capitated payment models.

Given that the first three year cycle of Medicare ACOs ends in 2015 and more providers will be entering accountable care in the coming years, the Centers for Medicare and Medicaid Services (CMS) has indicated that they intend to release a Notice of Proposed Rulemaking (NPRM) affecting the Medicare ACO program.

In anticipation of these coming changes, the Engelberg Center for Health Care Reform has identified the "Top Eight ACO Challenges" that warrant further discussion and considerations for ensuring the continued success of ACOs across the country. To support that discussion, we also present some potential alternatives to current Medicare policies that address these concerns. These findings build on the experiences of the Engelberg Center’s ACO Learning Network members and other stakeholders implementing accountable care across the country.  In some cases, the alternatives might have short-term costs, but could also improve the predictability and feasibility of Medicare ACOs, potentially leading to bigger impacts on improving care and reducing costs over time.  In other cases, the alternatives could lead to more savings even in the short term. In every case, thoughtful discussion and debate about these issues will help lead to a more effective Medicare ACO program.

Top Eight ACO Challenges

1. Make technical adjustments to benchmarks and payments
2. Transition to more person-based payments
3. Increase beneficiary engagement
4. Enhance and improve alignment of performance measures
5. Enable better and more consistent supporting data
6. Link to additional value-based payment reforms
7. Develop bonus payments and other incentives to participate
8. Support clinical transformation

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The State of Accountable Care: Evidence to Date and Next Steps

Event Information

October 20, 2014
9:00 AM - 12:30 PM EDT

Falk Auditorium
Brookings Institution
1775 Massachusetts Avenue, N.W.
Washington, DC 20036

Register for the Event

Over the past few years, more than 600 Accountable Care Organizations (ACOs) have formed across the country, charged with the dual goals of improving health while also reducing health care costs. Increasingly, evidence on how public and private ACOs are progressing toward these goals is beginning to emerge. Based on these results, major regulatory changes are anticipated in the months ahead that will impact accountable care programs in Medicare, as well as future uptake within the private sector.

On October 20, the Engelberg Center for Health Care Reform hosted a half day forum to assess the latest evidence on accountable care, discuss strategies to overcome unique ACO challenges, and provide an overview of accountable care reforms. Sean Cavanaugh of the Centers for Medicare and Medicaid Services (CMS) provided keynote remarks on the latest Medicare ACO results and potential changes to the Medicare Shared Savings Program (MSSP). Panel sessions featured leading experts in ACO research, implementation and health care policy.

 Join the conversation on Twitter using #ACOFuture or follow @BrookingsMed

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Women and the war on terror: An insider account

I am often asked what it is like to work for the Central Intelligence Agency. I spent 30 years there, both as an analyst and an operator abroad. A new book by Nada Bakos—“The Targeter: My Life in the CIA, Hunting Terrorists and Challenging the White House” (with Davin Coburn, published by Little, Brown and…

       




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Judiciary in the 21st century: Ideas for promoting ethics, accountability, and transparency

On June 21, 2019, Brookings Vising Fellow Russell Wheeler testified at a hearing of the House of Representatives Judiciary Subcommittee on Courts, Intellectual Property, and the Internet. Wheeler argued in his testimony and response to members’ questions that: 1.  The U.S. Supreme Court should create a code of conduct to serve, as does the Code…

       




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Using National Education Accounts to Help Address the Global Learning Crisis


Financial Data as Driving Force Behind Improved Learning

During the past decade, school enrollments have increased dramatically, mostly thanks to UNESCO’s Education for All (EFA) movement and the UN Millennium Development Goals. From 1999 to 2008, an additional 52 million children around the world enrolled in primary schools, and the number of out-of-school children fell by 39 million. In Sub-Saharan Africa alone, enrollment rates rose by one-third during that time, even with large population increases in school-age children.

Yet enrollment is not the only indicator of success in education, and does not necessarily translate into learning. Even with these impressive gains in enrollment, many parts of the world, and particularly the poorest areas, now face a severe learning crisis. The latest data in the EFA Global Monitoring Report 2011 reveal poor literacy and numeracy skills for millions of students around the world. In Malawi and Zambia, more than one-third of sixth-grade students had not achieved the most basic literacy skills. In El Salvador, just 13 percent of third-grade students passed an international mathematics exam. Even in middle-income countries such as South Africa and Morocco, the majority of students had not acquired basic reading skills after four years of primary education. Although the focus on children out of school is fully justified, given that they certainly lack learning opportunities, the failure to focus on learning also does a disservice to the more than 600 million children in the developing world who are already in school but fail to learn very basic skills.

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Image Source: © STRINGER Mexico / Reuters
     
 
 




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Technical Workshop on National Education Accounts (NEAs)

Event Information

January 25, 2013
10:00 AM - 5:00 PM EST

The Kresge Room
The Brookings Institution
1775 Massachusetts Avenue, NW
Washington, DC 20036

On January 25, 2013, the Center for Universal Education at Brookings (CUE) and the UNESCO Institute for Statistics (UIS) hosted a technical workshop on national education accounts (NEAs). Participants discussed experiences and challenges related to developing various tools to track financial expenditures in education, with a focus on national education accounts. After discussing particular experiences with NEAs and the framework underlying them, participants worked to identify priorities for expanding their reach.

Jacques van der Gaag, from the Center for Universal Education opened the workshop by underlining its primary goals—to find out what different groups and individuals have been able to accomplish in relation to comprehensively tracking expenditures, connecting those expenditures with learning outcomes in education systems and collaborating where possible to advance the use of NEAs. Following this introduction, participants gave an overview of their experiences in using financial tracking tools and NEAs in particular. Igor Kheyfets of the World Bank presented BOOST, a tool that the World Bank has used over the past three years to bring together detailed data on public expenditures. Next, Jean Claude Ndabananiye, from UNESCO Pole de Dakar, discussed country status reports, which aggregate and analyze government data on expenditures. Afterward, Elise Legault of UIS described their collection of education statistics, which is completed through annual country questionnaires, of which one in particular has a finance focus. Quentin Wodon of the World Bank described other World Bank efforts aside from BOOST in capturing education finance data, including a cross-sector effort on public expenditure reviews (PERs).

Download the agenda »
Download the full summary »
Download USAID's National Education Accounts presentation »
Download the Estimation of Household Spending on Education Using Household Surveys presentation »
Download From Enrollment to Learning Outcomes: What Does the Shift in the Education Agenda Mean for NEAs? »
Download Thailand's National Education Accounts (NEA) »
Download the BOOST presentation »

Event Materials

      
 
 




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Using extractive industry data to fight inequality & strengthen accountability: Victories, lessons, future directions for Africa

With the goal of improving the management of oil, gas, and mineral revenues, curbing corruption, and fighting inequality, African countries—like Ghana, Kenya, Guinea, and Liberia—are stepping up their efforts to support good governance in resource-dependent countries. Long-fought-for gains in transparency—including from initiatives like the Extractive Industries Transparency Initiative (EITI)—have helped civil society and other accountability…

       




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The future of school accountability under ESSA

With the Every Student Succeeds Act (ESSA) replacing No Child Left Behind as the new federal education law, states have gained greater freedom to personalize their education policies. ESSA’s promise of decentralization is a victory for state education leaders, but also transfers to them the responsibility of ensuring that school systems are held accountable. During…

       




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Social Security Smörgåsbord? Lessons from Sweden’s Individual Pension Accounts

President Bush has proposed adding optional personal accounts as one of the central elements of a major Social Security reform proposal. Although many details remain to be worked out, the proposal would allow individuals who choose to do so to divert part of the money they currently pay in Social Security taxes into individual investment…

       




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Emma Watson promotes ethical, sustainable fashion in new Instagram account

While advertising her new film "Beauty & the Beast", Watson wants people to think about how and where clothes are made.




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Is it a new era, where architects should be held to account for the environmental impact of their work?

Sustainability matters, but so does hypocrisy.




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International Automakers Now Account for 45% of U.S. Auto Production and 59% of U.S. Vehicle Sales - Redefining the American Auto Industry

Redefining the American Auto Industry. - The Growing Impact of International Automakers on the U.S. Economy.






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How health savings accounts have adjusted for the coronavirus pandemic

Health savings accounts, or HSAs, will cover Covid-19-related testing and treatment, among other things.




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Will Technology replace Accountants?

In recent years technology has evolved at a much rapid pace, so fast that it has almost gained a life of it's own. Technology has been making continuous advancements in each & every field including our very own Profession of Accounting.




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Draft regulations to amend Chartered Accountants Regulations, 1988 open for public comments

Draft regulations to amend Chartered Accountants Regulations, 1988 open for public comments...




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New book offers account on wives, daughters and sisters of Mughal emperors


Tight jackets and tunics in diaphanous materials replaced the more pragmatic, flowing qabas, Jahangir did not marry anyone after Noor Jahan, Women wore jamas of fine muslin, so sought-after that they were named running water and night dew. Pics/Courtesy Aleph

While we all remember the story of 16th century Timurid warrior and scholar Babur's arduous journey from Kabul to Punjab, from where he waged war on Delhi to become the first Emperor of the Mughal dynasty, little is known of the wives, sisters, daughters and aunts, who travelled with him, and helped him establish his empire in the Indian sub-continent.

A new book by Gurgaon-based author Ira Mukhoty, Daughters of the Sun (Aleph Book Company), is a first-of-its-kind attempt to chronicle the role of the women in building the empire, and whose stories have suffered the neglect of both, history and memory. "Women, in general, are a misremembered group in history," says Mukhoty, in an email interview. "Their achievements are constantly ignored or diminished in favour of the histories of men. For the Mughals, it is further complicated by the fact that a lot of the works are in Persian, a language that is seriously out of favour in India. There is a Persian document called the Pilgrims' Confidant, about the Haj pilgrim to Mecca, sponsored by Aurangzeb's daughter Zeb-un Nisa. I tried very hard to have the document translated into English, but was unable to. This is a beautifully illustrated manuscript, which may have interesting references to its imperial patron. The original document is, moreover, in a collection abroad, as are many Mughal documents following the great plunder by the British. So there are many layers obscuring the legacy of the Mughal women; language, despoliation and disinterest," she adds.


Ira Mukhoty

For Mukhoty, the idea of researching this book came to her when she stumbled on the story of Jahanara Begum, daughter of Emperor Shah Jahan, who reigned from 1628 to 1658. "The over-arching scope of her ambition, so clearly spelt out in all her works, took my breath away. At a time when even globally women were expected to live lives of quiet submission, Jahanara blazed such a fiery trail. And yet we really don't remember the extent of her achievements at all," she says.

The book is split into three parts. The first discusses the peripatetic queens, who travelled from Persia to Hindustan, and includes Khanzada Begum, Babur's elder sister, and his wife Dildar Begum, among others. The next talks of the wives during the imperial splendour. Here, Jahangir's wife Mehr-un-Nisa Begum alias Noor Jahan and Mumtaz Mahal — Shah Jahan's wife — find mention. The last section of the book takes us into the waning years of the Mughal empire, fraught with greed and overreaching ambition. The story of Jahanara Begum, the beloved eldest, unmarried daughter of Shah Jahan stands out here.

An interesting source for Mukhoty's book was Gulbadan Begum's Humayun-nama. Gulbadan was sister to Humayun and daughter to Babur, who arrived in Hindustan at the age of five. "She was asked many decades later by her grandnephew, Akbar, to write a biography of Babur and Humayun," Mukhoty writes in the book. "Gulbadan's account is a fascinating insight into the households of Babur and Humayun as seen by an insider. Her writing is forthright, frank and rambunctious," says Mukhoty. "It is her lack of a self-conscious eye on posterity, which made her account so invaluable. She gives us details which help us imagine a living, breathing space instead of a splendid, but unknowable place which the male biographers wrote about. Male historians of that time wrote in grave and obscure prose, about battles and ancestors. Gulbadan wrote about Humayun's opium habit and his relationship with one of his feisty wives," says the writer.

Among the Mughal women, whom Mukhoty has most affection for is Khanzada Begum, who at 65, rode on horseback through 750 km of icy passes to parley on behalf of her nephew, Humayun. "This fearless and indomitable lady made sacrifices all her life for the legacy of her younger brother Babur, and for the future of her family. She was constantly sent as peace ambassador to warring brothers and travelled endless miles through icy terrain on horseback. She wept upon seeing the infant Akbar, because he reminded her of her long dead 'baby' brother Babur. This gives us such a different insight into Babur too, no longer the marauding foreigner of legend but a dearly beloved and mourned brother," she says.

Mukhoty, however, finds Mumtaz Mahal to be the most voiceless of the lot she researched about — the irony being that she was also the most famous. "I think the Taj Mahal, and the 20th century construct of an 'exclusive love' that it generated is definitely the reason Mumtaz Mahal is viewed with affection by so many. But she left no writings, no substantial buildings, no clear evocation of an ambition. She was busy raising 14 children in 19 years, travelling the length and breadth of the country with her restless husband. She will forever be hidden by the splendour of the Taj Mahal."

Also Read: Mughal-Era Artefacts Seized From Antique Smuggler's Secret SoBo Godown

Catch up on all the latest Mumbai news, crime news, current affairs, and also a complete guide on Mumbai from food to things to do and events across the city here. Also download the new mid-day Android and iOS apps to get latest updates





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#FraudArhaanKhan trends on Twitter; Fans allege that Khan took 15 lakh from Rashami Desai's account

On Monday evening, the hashtag #FraudArhaanKhan started trending on Twitter following claims by netizens that actor and "Bigg Boss 13" contestant Arhaan Khan has taken Rs 15 lakh from his former girlfriend Rashami Desai's account, and is allegedly threatening her. Arhaan withdrew the money when Rashami was still inside the "Bigg Boss" house, it has been claimed.

The accusations have mostly been levelled on Twitter by netizens who claim to Rashami's fans. They also shared screenshots of bank statements of monetary transactions from an account with the name Shivani Ajay Kumar Desai.

A user tweeted in Hindi claiming Arhaan Khan has taken Rs 15 Lakh from the actress' account in 15 days.

Another user alleged that Arhaan has even taken money for subscribing to a popular OTT platform.

A Fanclub of Rashami Desai tweeted: "We need justice for @TheRashamiDesai. She has earned money with lot of her hardwork and #FraudArhaanKhan misused her money. What a shame to society."

Calling Arhaan a "gold digger," Rashamians, as Rashami's fans like to call themselves claimed in a tweet: "This is a call to all fandoms - any and everyone who is sane enough to see the wrong in this situation- keep aside your Bigg boss grudges for once and please help us expose and shame a gold digger. #FraudArhaanKhan."

However, there has been no substantial basis to any such claim on the part of fans.

During her stay in the "Bigg Boss" house in the latest season, Rashami Desai was heartbroken after learning about Arhaan Khan's child and former wife. The two eventually parted ways. It seems a bigger shock is waiting for the "Naagin 4" actress if allegations made by her fans come true!

While this season of the reality show is already over long back, Rashami Desai continues to remain a favourite with her fans.

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Rashami Desai: Why did Arhaan transfer my money into his account?

Bigg Boss 13 still continues to be in the limelight and so does its contestants. One of them is Rashami Desai. You all must be aware of the '15 lakh' controversy that happened between her and Arhaan and a screenshot of the same was also shared on Twitter. And now, speaking to Times of India, Rashami broke her silence and slammed Arhaan.

She said, "These transactions were made in my absence, and that too, without my knowledge when I was inside the BB house. When I came out and learnt about it, I shared the screenshots of my personal documents and these transactions with my accounting staff and a few others. Why did Arhaan transfer my money into his account? Also, I don't know the people he has further transferred those funds to."

She added, "Apart from the 15 lakh that Arhaan has to pay me, as can be seen in the screenshots, he owes me more money, which he is refusing to return. Talking about the screenshots, I have no clue who has leaked them on social media. If I had to leak anything, I wouldn't have waited for two months after BB. I don't want anything to do with Arhaan. The whole incident is disturbing and it has taken a toll on me, emotionally."

Arhaan too broke his silence and commented on the entire controversy and clarified his side of the story. He said, "Half the transactions involving huge amounts aren't mine. Rashami had set up a production house, which I had joined as a partner. I have invested equally, both financially and emotionally. Any transfer of funds is either my rightful profit or return of debt. Also, before making such allegations, it is to be noted that transfer of funds wouldn't have been possible had Rashami not given me signed cheques."

He continued, "She had asked me to transfer money to certain people in her absence. It was work-related. She was fully aware of the transactions and I have bills to prove my claim. I strongly believe that this is a curated plan to malign me, as I had received messages, warning me against adversities post April 15. It's unfortunate that our relationship has reached a point of no return."

Will the matter escalate or subsidise as time passes by? Will a legal battle ensue?

Catch up on all the latest entertainment news and gossip here. Also, download the new mid-day Android and iOS apps.

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Oops! Fake TikTok accounts of Munmun Dutta aka Babita Ji surface online, actress warns fans

Babita Ji from Taarak Mehta Ka Ooltah Chashmah is one of the most loved and famous characters on Indian television. The show has been running for the last 11 years and the actor even posted a picture of herself, proudly announcing the completion of 2900 episodes. This is truly historic! Spider-Man's uncle said with great power comes great responsibility. And Munmun Dutta, the actor who plays Babita Ji, has acted responsibly in every sense of the term.

The thing is that over the past few weeks, some fake TikTok accounts of the actress have been doing the rounds on the Internet and this has truly worried her. And taking to her Instagram account, she shared a screenshot of the same and also wrote a message on her Instagram story- "If I ever decide to come on TikTok, I will let you all know here first." (sic)

Have a look at the screenshot of the fake accounts first:

And here comes the message:

Well, hope all those people who were following her on these fake pages now unfollow her immediately. Follow her on Instagram for her gorgeous pictures and keep watching her iconic show and her superlative performance.

Catch up on all the latest entertainment news and gossip here. Also, download the new mid-day Android and iOS apps.

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Chahatt Khanna lashes out at trolls for calling her 'single mother', deletes her Instagram account

Chahatt Khanna separated from her husband Farhan Mirza in 2018 and was earlier married to Bharat Narsinghani. There were also reports that she was in a relationship with singer Mika Singh. She has been spending her lockdown with her kids and has also been sharing glimpses of her personal life on social media. Recently, she was trolled by netizens for being a single mother to her daughters Zohar and Amaira.

Now, the actress has lashed out at the trolls posting an open letter to them before deactivating her Instagram account. Bashing the trollers, she wrote, "Witches and b***hes who can never get love, bf or family in life, forget about kids, they will never understand that kids are a blessing and not a liability, or target to put a woman down. Khuda unko hi bachchon se nawajta hai jinki haisiyat aur kismat hoti hai. Main toh phir bhi theek ho jaungi, tumhari beemari ka kya hoga (God only blesses them with children, who have good luck. I will still be okay, how will you be cured of your illness)?".

In another of her Instagram stories, Chahatt explained the reason of quitting the photo-sharing app. She wrote, "No, I am not running away, just that I'll be busy with work, for a few days. Yes, my team will keep posting pics, not me. Par story par kuch logon ko muh tod jawaab dena bohot zaroori tha (But it was necessary to give it back to some people),” she wrote.

Earlier, the television actress had called the term 'Single Mother' as insulting. Speaking about her wish to settle down again, she said, "Of course, I want to settle down again. I would say that family is my priority and I have done my bit of my work. I have achieved success a few times that I wanted. I am doing well in my life, touchwood."

She added, "Right now, by God's grace, I have everything. After a while, I would like to settle down with a good life partner and not think about anyone or anybody." And as stated above, she also shed light on being a single mother and said, "It is a very insulting term, and I realised this much later. There is a term called Milf which these guys, doggers use for women who are elder to them, married, single parent, single mom, divorced and they think people like them are good to have fun with. This is a hard-hitting fact of our society which I just discovered a few days back and I was shattered when I came to know this. This is what happens when she steps out of her marriage."

She was recently in news when she and Mika Singh shocked and surprised a lot of people when they took to their respective social media accounts to announce to the world they are quarantined together. You all must have seen that post where the actress even used the hashtag #QuarantineLove to express her feelings for the singer. However, she issued a clarification later.

Catch up on all the latest entertainment news and gossip here. Also, download the new mid-day Android and iOS apps.

Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news




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Some Brokerages offer zero brokerage while some old brokerages charge 0.5% and above. Is it wise to open account with zero brokerage company? (SHEIK)

Can I Open account with zero brokerage company for share buy/sell.Whether it is safe? Please clarify..




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Tax-News.com: FASB Issues New Accounting Rules For Audiovisual Content Producers

On March 6, 2019, the Financial Accounting Standards Board issued an Accounting Standards Update that is intended to help organizations align their accounting for production costs for films and episodic content produced for television and streaming services.




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ICU Misdiagnoses may Account for as Many Annual Deaths as Breast Cancer: Johns Hopkins Team

According to a recent study, each year as many as 40,500 critically ill U.S. hospital patients die with an unknown medical condition that may have caused or contributed to their death.




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Tax-News.com: Malta Updates Guidelines On Automatic Exchange Of Account Info

Malta's Commissioner for Revenue on January 2, 2020, issued a single set of guidelines on the automatic exchange of financial account information.




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Tax-News.com: Australian Regulator Flags Important Accounting Standard Changes

The Australian Securities and Investments Commission has highlighted the significant impact that recent accounting standard changes will have for financial reports that must be prepared for the year to December 31, 2018, and second quarter reports.




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Tax-News.com: NZ Accountants Welcome Tax Reform Decisions

Chartered Accountants Australia and New Zealand (CA ANZ) has given a guarded welcome to the New Zealand Government's response to the recommendations of the Tax Working Group.




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Chartered Accountant- Ludhiana (CA, 5-10 yrs PQ Exp,Fund flow,Bank Loans,WC,Taxation,Finance)

Company: P & I Management Consultants
Qualification: Chartered Accountancy (C.A)
Experience: 5 to 10
location: Ludhiana
Ref: 20200595
Summary: CA with 8 yrs PQ experience in Finance, Bank Loans,Budgeting,fund flow,WC management. Liaison with banks/Govt. bodies/Financial Institutions to raise fund and get approvals and....




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Account Manager

Company: Futurz Human Resources Solutions Private Limited
Experience: 2 to 5
location: Mumbai
Ref: 24827169
Summary: Looking for Account Manager




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Relationship Manager - Premium Accounts | On Bank Payroll-No 1 Pvt Bank

Company: Hy Fly Consultancy
Experience: 2 to 12
Salary: 2.40 to 4.50
location: Mumbai, Mumbai City, Navi Mumbai, Thane
Ref: 24827006
Summary: Relationship Officer | Branch Banking | On Bank Payroll-No 1 Pvt Bank call 9022157571 - Kiran




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Senior Key Account Manager

Company: Talent Corner Hr Services Private Limited
Experience: 1 to 6
location: Mumbai
Ref: 24773917
Summary: Job Description : Job Description Manage Key Account using products such as banners, mailers, native ads, Digital Marketing etc with the objective of increasing the demand and awareness in the target aspirant pool.....




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Mukesh Ambani's fake Twitter account gains thousands of followers in days

A fake account of Mukesh Ambani on Twitter has gained thousands of followers in a matter of days. Here's how we spotted the fake account.




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Greenland takes key step in implementing automatic exchange of financial account information

On 17 December 2015 Greenland signed the Multilateral Competent Authority Agreement‎, re-confirming its commitment to implement automatic exchange of financial account information in time to exchange in 2017.




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Malaysia confirms its commitment to implement Automatic Exchange of Financial Account Information

Malaysia today signed the Multilateral Competent Authority Agreement‎, re-confirming its commitment to implement automatic exchange of financial account information in time to commence exchanges in 2018.




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Bahrain, Lebanon, Nauru, Panama and Vanuatu have now committed to the international standard of automatic exchange of financial account information to tackle tax evasion and avoidance

The OECD and the Global Forum on Transparency and Exchange of Information for Tax Purposes announced today that Bahrain, Lebanon, Nauru, Panama and Vanuatu have now committed to share financial account information automatically with other countries.




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OECD releases new guidance for Automatic Exchange of Financial Account Information in Tax Matters

To further support the consistent implementation of the Common Reporting Standard (CRS), the OECD today released a series of additional CRS-related Frequently Asked Questions; and the second edition of the Standard for Automatic Exchange of Financial Account Information in Tax Matters.




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Global network for the automatic exchange of offshore account information continues to grow; OECD releases new edition of the CRS Implementation Handbook

Today, the OECD published a new set of bilateral exchange relationships established under the Common Reporting Standard Multilateral Competent Authority Agreement (CRS MCAA) which for the first time includes activations by Panama. The OECD also released the second edition of the Common Reporting Standard Implementation Handbook.




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Major enlargement of the global network for the automatic exchange of offshore account information as over 100 jurisdictions get ready for exchanges

Today, the OECD published a new set of bilateral exchange relationships established under the Common Reporting Standard Multilateral Competent Authority Agreement (CRS MCAA), bringing the total number of relationships to over 3200, an increase of more than 500 since April of this year.




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Iraq Current Account

Iraq recorded a Current Account surplus of 13954.50 USD Million in 2017. Current Account in Iraq averaged 4753.50 USD Million from 1988 until 2017, reaching an all time high of 32344 USD Million in 2008 and a record low of -15410 USD Million in 2001. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Iraq Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Iraq Current Account to GDP

Iraq recorded a Current Account surplus of 4.90 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Iraq averaged -0.60 percent from 2001 until 2018, reaching an all time high of 12.70 percent in 2008 and a record low of -24 percent in 2004. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Iraq Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Gambia Current Account to GDP

Gambia recorded a Current Account deficit of 19 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Gambia averaged -7.25 percent from 1978 until 2018, reaching an all time high of 12.10 percent in 1988 and a record low of -37.57 percent in 1980. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Gambia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Gambia Current Account

Gambia recorded a Current Account surplus of 4.07 USD Million in the first quarter of 2019. Current Account in Gambia averaged -20.78 USD Million from 2001 until 2019, reaching an all time high of 43 USD Million in the first quarter of 2010 and a record low of -89.11 USD Million in the fourth quarter of 2005. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Gambia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Burundi Current Account

Burundi recorded a Current Account deficit of 361.80 USD Million in 2018. Current Account in Burundi averaged -125.10 USD Million from 1985 until 2018, reaching an all time high of 10.45 USD Million in 1995 and a record low of -395.10 USD Million in 2014. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Burundi Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Holding business to account

The promotion of responsible business conduct has taken an important step forward with the launch of a new reporting framework. Businesses now have no excuse for not explaining how they’re meeting their human rights obligations.




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Angola Current Account

Angola recorded a Current Account surplus of 1894.10 USD Million in 2019. Current Account in Angola averaged 1723.37 USD Million from 1990 until 2019, reaching an all time high of 13853.30 USD Million in 2012 and a record low of -10272.80 USD Million in 2015. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Angola Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.