In case you missed it...SBA issued a final rule this week (12/4/2024) making changes to the Women-Owned Small Business (WOSB) Federal Contract Program regulations. The final rule makes administrative updates to align with current practices, procedural processes related to the launch of MySBA Certifications, and then a few notable updates. You can read more at the link below. https://lnkd.in/ghFF8YuN
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SBA issued a final rule making changes to WOSB regulations. A woman owned business should be owned by a woman. This key provision is part of SBAs issuance: “…The rule confirms that WOSBs will generally be required to have the qualified woman that controls the concern devote full time to the business during the business's normal hours of operation." There is an exception wherein the woman on which the eligibility is based can demonstrate to SBA that they have "...ultimate managerial and supervisory control over both long-term decision making and day-to-day management of the business although the woman may not meet full-time devotion." Kristina Tanasichuk
Federal Acquisition SME Retired (35+ Yrs Federal Service), Unlimited CO/KO Warrant, Contracting Chief, DAWIA III, FAC-C & COR III, SB Advocate, & Certified WOSB Helping You Expand Your Federal Contracting Knowledge
In case you missed it...SBA issued a final rule this week (12/4/2024) making changes to the Women-Owned Small Business (WOSB) Federal Contract Program regulations. The final rule makes administrative updates to align with current practices, procedural processes related to the launch of MySBA Certifications, and then a few notable updates. You can read more at the link below. https://lnkd.in/ghFF8YuN
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FSB Blog Part Three Red tape- documents- letters - contracts-sales agreements……. Have you ever wondered why it costs so much to use a solicitor to draft a contract or set up an agreement ? - this is because they know the law and the right words to use! It takes time- It takes deliberation and skill that’s the brilliance of solicitors Time is money advice is money - Money we often don’t have So how about access to all these things templates to modify using the skills of highly qualified people How would access to over 1,500 documents and guides for your business for as little as 55p a day? membership to the fsb will provide this too as much as you need, whether starting up or help with running your business So- who would like to talk about yet another amazing and instant service - more to talk about in part 4 read my profile and get in touch #fsbmembers #fsbsupport #fsb4u
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The SBA’s Office of Inspector General urges the SBA to more rigorously verify small business status for certification applicants, cautioning that relying on self-certifications opens the door to potential misuse of funds. Enhanced checks could safeguard vital resources for true small businesses. Read more from LinkedIn. https://bit.ly/40EKtvs #SBA #SmallBusiness #Certification #Compliance #FederalFunding
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The #DFSA has just published Consultation Paper No 160 setting out proposed updates to the Client Assets regime. One of the more interesting proposals is to require Authorised Firms to prepare and maintain a "Client Assets Crisis Preparedness Pack". The purpose of this is to assist in easily identifying, retrieving and returning Client Assets to clients in a crisis (such as an insolvency or a winding up). The Consultation Paper is open until 20 October 2024. #FinancialServices #Regulation #DFSA #ClientMoney #Custody https://lnkd.in/dJgBJbKv
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Industry Update 📢: NCCI’s 2023 Class Inspection Program results are out! This program monitors if governing class codes identified on a policy reflect the current business operations. The table below shows the top 10 reclassified governing codes with the reassigned codes. Read more: https://lnkd.in/g-y6BcYV #WorkersComp #InsuranceInsights
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🌟 Great news for all corporates and professionals! 🌟 The Ministry of Corporate Affairs (MCA) has announced the waiver of additional fees for filing IEPF e-Forms and e-Verifications until 16th August. This impactful move aims to support businesses and streamline processes amidst the ongoing challenges. 📝 The waiver of additional fees for IEPF e-Forms and e-Verifications is a welcome relief for companies and individuals, offering an extended opportunity to comply with regulatory requirements without incurring extra financial burden. 🔗 This initiative underscores the government's commitment to facilitating ease of doing business and encouraging compliance with corporate regulations. It also demonstrates a proactive approach in assisting businesses during these unprecedented times. 🤝 As responsible professionals, it's crucial to stay informed and take advantage of such opportunities to ensure seamless compliance with statutory requirements. The deadline extension serves as a valuable window for organizations and professionals to efficiently fulfill their obligations. Let's leverage this waiver to fulfill our filings responsibly and contribute to a robust and transparent corporate ecosystem. Remember, compliance is key to maintaining trust and credibility in the business environment. #MCA #Compliance #IEPF #BusinessRegulations #CorporateFiling #DeadlineExtension #ProfessionalResponsibility Note: AI-powered post. May contain errors.
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SEBI replaces requirement of ‘notary attestation’ with ‘self-attestation’ in various Regulations. https://lnkd.in/gNTpENe9 #SEBI #amendment #selfattestation #documentation
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These proposed amendments to American Institute of Certified Public Accountants (AICPA) standards will make our Texas Society of CPAs members more competitive in a key practice area - financial statement preparation. Read the full Professional Standards Committee letter here: https://lnkd.in/ezjTtsAf #audit #consulting
TXCPA Committee Weighs in on SSARS No. 21 Amendments - The TXCPA Professional Standards Committee (PSC) supports explicitly excluding financial statements prepared as part of consulting services engagements under CS section 100 from AR-C section 70 requirements. The PSC agrees with the effective date for adequate preparation and early adoption and endorses updates to paragraph .01 and new application paragraph. A4 for added clarity and benefit. https://bit.ly/3ZWZXdF
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📣📢 Attention Contractors and Business Owners!📢📣 📜 Do You Need These Certificates? 1. NSITF 2. ITF 3. PENCOM 4. TIN/VAT Certificate 5. SCUML 6. BPP 🌟 Look No Further! 🔌 Tzaddy Consulting is your trusted partner for obtaining these essential compliance certificates. We make the process seamless, reliable, and hassle-free. Let us handle the paperwork while you focus on growing your business! 🚀 📫 Contact Us Today! 📞09095509872 #contractorsinnigeria #businessownersinnigeria #complianceinnigeria #nigeriabusiness #businessadvisory
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The Consumer Duty annual board assessment is looming. Lots of helpful guidance and tips in our consumer duty toolkit. #CMS #consumerduty
Don't forget the 31 July 2024 Consumer Duty annual board assessment deadline! We have put together a handy toolkit to help you prepare your first annual assessment which you can access via this link: https://lnkd.in/ekWpRZW3 And do get in touch with us if you'd like to discuss further. @CMS UK #CMSlaw #FinancialServices #Regulation #FCA #ConsumerDuty
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Small Business Loan Consultant
3moThanks for sharing