Emergence of the ‘dependent contractor’
A recent decision by the state Division of Labor Standards Enforcement has greatly shaken the California business community. The ruling found that an Uber driver is an “employee” and not an “independent contractor” as the entire industry had previously presumed. Although this decision only pertains to that specific case, it could end up changing the Read More →
Can commercialism, professionalism co-exist in accounting profession?
What we see today in the accounting profession is troubling. Increased commercial activities threatens the independence cornerstone of the profession that underlies its public interest obligation. Audit firms are pushing the envelope in their involvement with non-audit services that makes it appear as though they might compromise their independence on the audit because of these Read More →
Personal finance really family finance
Personal finance has always been a family affair that involves the interests of children, parents and other relatives. Currently, many trends exacerbate situations where relatives’ assistance is needed, which makes family situations increasingly challenging and difficult to plan for. First, expanded life expectancy brings expanded financial challenges. A longer life does not only imply greater Read More →
Economic development should be part of Ventura County’s general plan
Ventura County is embarking on an important step forward as it weighs the latest update to its general plan. That step would be to include an economic development element to the general plan in the next approval cycle. A letter to county officials from the Economic Development Collaborative of Ventura County recommends the county include Read More →
Smart innovation key to business success
Smart business leaders know that there is an important distinction between risk taking and intelligent risk taking. It is the former that may make the headlines, but it is the latter that often leads to the greatest rewards. There is an increasing awareness within the business community of the world of difference between innovation and Read More →
