MYCPE ONE Insights | January Week 4 Edition
Welcome to the January Week 4 Edition of MYCPE ONE Insights!?
This week, we explore dynamic stories shaping the global economy, finance, and accounting landscape. Dive into President Trump’s sweeping Inauguration Day orders and their legal and economic ripple effects, the UK watchdog’s investigation into KPMG’s audit practices, and the stark contrasts in global confidence among accountants under shifting policies. Additionally, discover the buzz around $TRUMP memecoin and its implications for the evolving crypto-finance sphere.?
Read the full insights and stay ahead of the curve!?
Trump’s Inauguration Day Orders and Their Far-Reaching Echoes ?
President Trump kicked off his second term on January 20, 2025, with a flurry of actions, including pardoning over 1,500 individuals tied to the January 6 Capitol riots and ending birthright citizenship. He withdrew from the global Corporate Minimum Tax agreement and reinstated fossil fuel projects. Trump also imposed tariffs on Canadian and Mexican imports and recognized Bitcoin as a legitimate asset. These moves have sparked significant debate and legal challenges, setting the stage for a transformative term. ?
Watchdog Scrutinizes KPMG’s Audit of Entain??
KPMG faces a new investigation by the Financial Reporting Council (FRC) over its audit of Entain’s 2022 financial statements, challenging the firm’s efforts to rebuild trust after past scandals. Entain, already under scrutiny for a $755 million settlement over bribery allegations, adds to the complexity. This probe highlights the critical need for improved standards and accountability in the auditing industry. ?
领英推荐
Is Global Confidence Among Accountants and Finance Professionals at its Weakest? ?
Accountants are seeing rising confidence in the U.S. under President Trump’s policies, while global challenges like tax hikes in the UK and uncertainties in China persist. The ACCA and IMA surveys highlight a stark contrast: U.S. optimism versus global hesitation, showing the ripple effects of leadership and policy shifts across economies. ??
Is $Trump Memecoin a Crypto Craze or Just a Fad? ?
President-elect Trump launched $TRUMP, a memecoin on the Solana blockchain, followed by Melania’s $MELANIA. These coins quickly gained value, sparking both excitement and criticism. They blend politics and finance, raising concerns about market manipulation. Financial professionals must stay informed to navigate this evolving crypto landscape. ?
Stay informed and empowered! Explore these stories, gain new insights, and prepare for the ever-changing finance and business landscape.?
End your week with MYCPE ONE Insights and see you next Friday!?
Download the MYCPE ONE Insights App on the App Store and Google Play for updates on the go.?
Founder and CEO: Analytics-Based Performance Management LLC; Expert in ABC, EPM/CPM, Profit Analysis, Budget, Analytics
1 个月Thank you MyCPE for your LinkedIn post above. These Editions of MYCPE ONE Insights are informative and useful ... especially for professionals seeking to improve their organization's operational and financial performance.