Archive for September 2021
The Pulse on the Economy and Capital Markets: September 13–17, 2021
At a glance: Last week, we continued to see weakness in stocks, while bonds outperformed — signaling that investors are looking for safe havens amid uncertainty. Outside of the markets, new surveys on small business sentiment put a light on some interesting emerging trends. Some additional points to note are: Nerves are high among investors,…
Read More4 Key Technology Trends for Real Estate in 2022
At a glance Schedule a free consultation with our team today The full story: A surprising outcome of the COVID-19 pandemic has been the mass adoption of technology by a wide range of industries and sectors — including real estate. As cases start to rise again globally, more property owners and operators, developers, builders and…
Read More5 Post-Pandemic Technology Upgrades Businesses Should Make
At a glance: Tech takeover: Many of the technology upgrades businesses made to stay afloat during the pandemic will still be relevant and necessary once the economy recovers. Make smart investments: Use excess liquidity wisely by prioritizing five key tech upgrades, from cybersecurity protocols to e-commerce capabilities. Get outside expertise: Aprio’s Restaurant, Franchise & Hospitality team can help…
Read MoreNeed to Improve Your Finances? There’s an App for That
At a glance: The full story: It seems there’s an app for everything these days, and personal finance apps are the latest craze – especially for budgeting. In 2020, the global install rate for finance apps increased by 20% (AppsFlyer), smartphone users averaged 2.5 finance app downloads per device (Adjust), and time spent on finance…
Read MoreAs Businesses Recover from Hurricane Ida, Here’s How to Prepare for Future Storms
At a glance Schedule a free consultation The full story: All indicators are pointing to an active hurricane season for the Atlantic region. According to the National Oceanic and Atmospheric Administration (NOAA)’s 2021 Weather Predictions, we’re likely to see 13 to 20 named storms, of which six to 10 could become hurricanes; at least three…
Read MoreWill You Be Able to Deduct R&D Expenses in the Future?
At a glance The main takeaway: The tax legislation passed in 2017 removed the immediate expensing of R&D costs beginning January 1, 2022. What this means for you: With the end of 2021 fast approaching, businesses that incur foreign and domestic R&D costs need to understand how this change may affect their tax situation if…
Read MoreThe Pulse on the Economy and Capital Markets: September 6–10, 2021
At a glance Last week US stocks underperformed International, and stocks globally underperformed bonds as investors question upcoming earnings. Stock investors have shifted to predictable industries such as utilities and technology. Spiking input costs are causing lost sales and potentially pinching margins as companies raise prices to try to mitigate the impact. Disappointing profits could…
Read MoreTop Tools to Help Businesses Attract Better Talent, Faster
At a glance Stay competitive: Highly specialized talent is hard to come by in today’s hot job market, so you need a recruiting and staffing team that’s ready for the challenge. Employ savvy solutions: The most important tools to attract the right talent include a robust network, curated database, top technology and the expertise of industry professionals.…
Read MoreThe Top 4 Cybersecurity Risks in Hospitality and How to Solve Them
At a glance The main takeaway: Hospitality is one of the most vulnerable industries when it comes to cyber theft and fraud, especially under the constraints of the COVID-19 pandemic. Impact on your business: In order to avoid damages and prevent threats from materializing, hospitality businesses must prioritize and address four, key security risks. Next steps: Aprio can…
Read MoreWhat Are the Cyber Incident Reporting Requirements for Department of Defense (DOD) Contractors?
Defense Federal Acquisition Regulation Supplement (DFARS) 252.204-7012 specifies the safeguarding of covered defense information and cyber incident reporting. This contract clause is commonly recognized for introducing the requirement to implement the 110 security controls outlined in NIST 800-171. However, the DFARS clause also includes key cyber incident reporting requirements for covered defense contractors. These include:…
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