Thought leadership
Ransomware attacks increased by 13% between 2020 and 2021, according to the 2022 Verizon Data Breach Investigation Report (DBIR). This leap is greater than year-over-year increases in the previous five years combined. These attacks are here to stay, and they’re becoming more advanced and difficult to prevent.
As the world slowly emerges from the COVID-19 pandemic, there’s an abundance of opinions and surveys related to the rapid growth in popularity and reliance on telehealth care.
Supply and demand, it is the core of any company with a storefront. Successful companies are the ones that master and use the theory of Supply and Demand to their advantage. Delicately weaving supply chain, inventory management, and order fulfillment into the theory of supply and demand opens doors for customizing an operations system that captures the largest market share and wins over...
As their kids return to school, planning for the eventual college attendance is on the minds of many parents. Even for parents of young children, college costs are a significant concern, and for good reason. Four-year public university tuition has risen 180% since the 1980s, and even though this rate increase has slowed slightly during the pandemic, many families anticipate they’ll struggle to...
During the pandemic 23 million Americans adopted pets, leading to a matching increase in demand for veterinary care. In response, Terravet Real Estate Solutions, a Pennsylvania-based landlord, has announced that it will scale its pool of real estate specifically to veterinary facilities via an Umbrella Partnership Real Estate Investment Trust (UPREIT) structure. They have announced their first...
As the first year allowance for bonus depreciation is scheduled to decrease to 80% for property placed in service during 2023, taxpayers are considering the timing of capital acquisitions to maximize their tax deductions.
Capitalization is the process of recording the cost of purchasing an asset and depreciating it over its useful life, rather than expensing it when purchased.
How to Win Over Your CEO for the Technology Investment
The past two years have seen a rapid acceleration in digital transformation across all industries – in some cases organizations have experienced years of change within just a few months.
WHAT IS INFORMATION BLOCKING?
There is a longstanding trend of healthcare providers embracing digital technologies to manage, access, share, and store patient information. Consequently, there is an industrywide need to ensure that digital ecosystems are compliant with regulations, particularly the Health Insurance Portability and Accountability Act of 1996 (HIPAA) and its various updates, including the HITECH Act of 2009...
At the intersection of business-to-business commerce there are multiple touchpoints before products make their way to a final destination. Several stakeholders come together in cross-functional industries to serve other businesses as customers. Manufacturers, producers, suppliers, freight, transportation, distributors, wholesalers, and others collide in the B2B landscape.
Shubham Awasthi (Global Fusion Center Manager), Dan Katz (Cybersecurity Practice Director)
What are the benefits of using a PunchOut external catalog via cXML?
The extent of the post-COVID economic recovery in the United States has been remarkable. The economy is strong, unemployment is low, and the housing market is blazing hot. How long will this real estate boom last? What will the impact of rising mortgage rates be, and is it too late to buy? The vibrancy of the residential real estate market has produced conditions that are not favorable for...
Part 3 of 3-Part Blog Series on Mazars Value Added Project Management
Establishing an omnichannel strategy for customer service in your contact center is the premier way to increase engagement, improve your customer service satisfaction (CSAT) and net promoter (NPS) scores, and, of course, provide the best customer service to every single person.
As the tax deadline approaches, it is important to be aware of changes affecting individual and business filings. Below are key tips to keep in mind as you file your 2021 taxes and plan for 2022.
January 24, 2022 - The Financial Accounting Standards Board (“FASB”) issued Accounting Standards Codification (“ASC”) 842 with several subsequent accounting standards updates spanning from 2016 to the present. For fiscal years beginning after December 15, 2021, private companies are required to adopt and implement ASC 842.
For Microsoft Dynamics clients, the extended support for on-premises solutions is soon expiring. Now is the perfect time for clients to consider a cloud migration strategy. A major benefit of cloud migration and moving to Microsoft’s modern support model is the opportunity for clients to receive seamless support, servicing and a unified agent experience.
E-commerce customer journeys can vary by industry, type of customer, geography, and more. What will that journey look like for your B2B or B2C customers? Regardless of other factors, at the outset, it often begins with an internet search or a social media touchpoint. A well-placed ad or redirect can begin the customer engagement process, linking that person to an online store to start browsing.
As organizations are shifting to hybrid and remote work environments, IT and facilities directors are facing tough decisions about standardizing the employee meeting experience, recouping residual value out of existing hardware, disposing of end-of-life devices, and perhaps most importantly, reevaluating how they utilize their office space altogether.
Business leaders are accustomed to hearing about the essential role that e-commerce plays for modern enterprises, large and small. But e-commerce can easily be a buzzword, rather than a well-thought-out strategy.
2/17/22 Gaining competitive advantage through a more sustainable business proposition can be achieved by all companies, irrespective of size. Some, however, are still daunted by the challenges, known and unknown, of building a sustainable business. And the perceived burdens on resource of new commitments such as measuring and managing impact of ESG over time.
In Part 1 of our blog series on Value Added Project Management, we discussed setting your project up for success by addressing the core concepts of planning, communications, and quality. In Part 2, we will discuss attributes that enable successful Project Managers to drive results.
Stay up-to-date on the latest trends and regulations in the healthcare industry with help from the specialists at Mazars in the US.
A Real Estate Investment Trust (REIT) is designed to be a passive investment vehicle, with most of its income derived from real property rents or interest from mortgages on real property.
A Real Estate Investment Trust (REIT) is an entity, comparable to a mutual fund, that provides the opportunity for pooling of funds. It allows smaller investors to participate in larger investments, have expert management of assets, and allows for shares to be marketed.
A functioning compliance program is the first line of defense for a Medicare shared savings program (MSSP) accountable care organization (ACO) to prevent, detect and correct noncompliance.
Luxury brands have long been known for their ability to control how their products are presented and sold. However, the pandemic has placed the industry at a crossroads. In order to keep pace with changing customer expectations on ways to engage with brands, the luxury sector is embracing new models which are more conscious, collaborative and connected. Mazars recently released a report which...
Historically, Environmental, Social and Governance (ESG) factors have taken a back seat to financial performance in the corporate world. And in the interest of performance measurement, companies have often made short-term profit decisions at the expense of negative environmental and social impacts.
We provide opportunities for the Mazars family to effectively communicate for the betterment of our people, clients and communities. Our dedication to serving others, both as a firm and as individuals, is demonstrated by the contributions we make to a wide variety of charities. We ARE Mazars.
A sector formerly known for exclusivity and timeless appeal is opening its doors to a new wave of technology. As luxury gets smarter, what can customers expect from brands that define the market? Isabelle Massa, Partner, Mazars, explains.
While data collection in the retail and consumer goods sector is nothing new, detailed data analysis using innovative solutions based on big data and machine learning now make it possible to go much further. Not just in terms of anticipating consumer wishes and behaviours, but also in terms of the efficiency of support functions. In 2021, more than ever before, the retail and consumer sector...
On February 4, 2022, the IRS announced in a letter ruling (LTR 202205001) (the “February 4 ruling”) that it would be revoking, in part, a portion of a previous well-known private letter ruling (LTR 201337007) (the “2013 PLR”). The 2013 PLR stated that certain adjustments to lease payments a REIT received based on the lessee’s adjusted revenue would not prevent these rents from qualifying as...
Journalist, author, and well-known public speaker, Malcolm Gladwell, once wrote, “No one—not rock stars, not professional athletes, not software billionaires, and not even geniuses—ever makes it alone.” The same goes for Financial Services. This is a wonderful sentiment to remember when considering the many ‘Back Office’ scenarios professionals tend to handle, multiple times a day throughout...
In the connected age, we increasingly rely on technology and expect that technology to optimize our daily operations. Tools such as Azure, Microsoft 365 and Dynamics 365 have become mainstays in day-to-day enterprise operations enhancing our ability to communicate and collaborate, build strong customer relationships, and improve productivity and performance. Without these tools, or when they’re...
While businesses and processes may be differentiated by size, industry, geography, and many other characteristics, the one constant is the need for space. Companies spend significant resources on space every year, and it’s likely their largest overheard expenditure. Clearly there are opportunities for companies to create efficiencies within their processes, increase their net income, or both,...
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