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How Public Finance Systems Will Evolve to Meet the Challenges of Digital Governance
In a world increasingly dominated by algorithms, data flows, and AI-driven decisions, public finance is no longer just about balancing budgets or issuing bonds. It is becoming a strategic pillar of digital governance. As governments digitize their services, systems, and structures, public finance must evolve—not gradually, but fundamentally.The Digital ImperativeDigital governance promises greater efficiency, transparency,…
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Can an American pope apply US-style fundraising and standards to fix troubled Vatican finances?
VATICAN CITY (AP) — As a bishop in Peru, Robert Prevost was often on the lookout for used cars that he could buy cheap and fix up himself for use in parishes around his diocese. With cars that were really broken down, he’d watch YouTube videos to learn how to fix them. That kind…
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Why Shanghai can’t rival Hong Kong as China’s financial hub
When Yan Jun was looking around last year for a stock market to raise capital for his Beijing-based traffic-control software company, the engineer and chairman thought he was spoiled for choice.AdvertisementHe could sell shares of his 10-year-old company AICT on one of the three mainland exchanges – Beijing, Shanghai and Shenzhen – that together make…
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Goodwill in Finance: What It Is, How It Works, Example
What Is Gross Domestic Product (GDP)? What is Gross Expense Ratio? What Is Gross Profit Margin? What Is a General Ledger? What Is Growth at a Reasonable Price (GARP)? What Is the Gender Pay Gap? What Is the Greater Fool Theory? What are Generally Accepted Accounting Principles (GAAP)? Going Concern Assumption: Everything You Need to…
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Former Fay-Penn finance director accused of theft one month after filing whistleblower lawsuit
The former director of finance of Fay-Penn Economic Development Council is scheduled for a preliminary hearing next week on charges that she stole almost $17,000 from the nonprofit.State police accused Melony Reed, 49, of Morgantown, W. Va., of using Fay-Penn’s credit cards to pay for personal expenses, including household products, veterinarian bills and alcohol. However,…
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‘Get it together’ | Newport community calls for forensic audit amid school district’s financial crisis
NEWPORT, Ky. — Parents and former teachers in Newport are demanding a forensic audit of the Newport Independent School District as the district faces a $3.9 million deficit.A forensic audit is a thorough review of the district’s finances and operations.At last month’s board meeting, community members voiced their concerns after 26 teachers received pink slips,…
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Two JPS employees on leave following internal financial audit
Two Jackson Public Schools employees are on administrative leave after the school district said an internal audit found unauthorized and improper disbursements of funds totaling around $221,000.JPS said they took swift action and launched an investigation, placed the employees on leave, and implemented immediate safeguards to prevent further unauthorized actions. The district’s administration also self-reported…
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Stadium Showdown: Episode 13: Senate Finance Committee proposes new possible payment plan
CLEVELAND, Ohio (WOIO) – Every Friday, 19 News is going beyond the headlines to bring you the latest on the stadium showdown.YOUR HUB FOR THE STADIUM SHOWDOWNWe’re here to cut through the controversy and answer all your questions. Here’s the lineup for Episode 13:Dan DeRoos was in Columbus following the shocking Senate Finance Committee announcement.…
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Trends in consumer credit health as student loan payments resume
00:00 Speaker A We’re checking in on the consumer. New data from VantageScore shows student loans dragging on delinquency rates. Auto loans surging past pre-pandemic highs. For more, bringing in now Silvio Tavares, CEO and president of VantageScore. Silvio, always great to see you, especially on set. 00:17 Speaker A So, we are always looking…
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From ‘worst player’ to C-suite all-star: Brett Fisher shows how Finance Council membership pays off
Brett Fisher credits Finance Council’s network and committee work for a confidence boost that propelled him to the CFO chair at $1.6 billion Skyla Credit Union. The same connections delivered tangible ROI—from a seven-figure Visa Class B conversion to quicker, lower-risk strategic pivots that benefit members. Fisher walked into his first Finance Council Conference “feeling…
