Accounting
Top stories summarized by our editors
8/16/2018

Ruggeri was senior vice president of finance for the Americas at Starbucks.

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Baking Business
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Continental Mills, Starbucks
8/16/2018

As part of its Temporary Worker Initiative, the Occupational Safety and Health Administration has issued a bulletin saying staffing agencies and host employers must identify workplace respiratory hazards and provide appropriate respirators for temporary employees in general industry, construction and maritime work. A separate OSHA bulletin outlines necessary steps for agencies and host employers to comply with its Occupational Noise Standard, including tracking noise exposure levels and providing necessary hearing protection.

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Safety + Health
8/16/2018

The IIA has made changes to its certification program with its decision to focus on the Certified Internal Auditor certification while repositioning its specialty certifications of Certified Government Auditing Professional, or CGAP; Certified Financial Services Auditor, or CFSA; and Certification in Control Self-Assessment, or CCSA. The IIA will accept applications for CCSA, CGAP and CFSA certification through Dec. 31, and it plans to offer the CIA Challenge Exam for current holders of those certifications who want to obtain the CIA credential.

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Accounting Today
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IIA, CIA
8/15/2018

A Bank of America Merrill Lynch survey of fund managers has found the US stock market might be close to a peak. Chief Investment Strategist Michael Hartnett said the company foresees "peak profits, policy and returns," based on investor input.

8/15/2018

Newly appointed leaders may feel eager to bring their ideas to fruition, but teams can resent too much change attempted too quickly, writes Jennifer V. Miller. People are more accepting of change when you learn what the culture will support and associate your ideas with something that's already successful, she writes.

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SmartBrief/Leadership
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Jennifer V. Miller
8/15/2018

Mergers and acquisitions are faltering as gross margins of Chinese companies are undercut by the US-Chinese trade conflict, industry participants say. Inbound investment financing for M&A fell 20% in the first half of 2018 compared with the second half of 2017, according to Dealogic.

8/15/2018

Twenty-three percent of employees experience burnout at work very often or always, according to a Gallup study, and separate research indicates burnout adds billions of dollars yearly to health care spending. Here are five suggestions for avoiding burnout.

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CNBC
8/15/2018

The new "Hosting Services" interpretation in the AICPA Code of Professional Conduct's "Independence Rule" will take effect July 1, 2019, rather than Sept. 1, 2018. Under the interpretation, a CPA's independence is impaired when the CPA takes responsibility for hosting an attest client's data or records.

8/15/2018

In this podcast, the AICPA's Chuck Landes discusses the evolution of auditing since the 1990s and gives his assessment of how it might change. Technology is a key driver of change, he says.

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Accounting Today
8/15/2018

Managing spending in retirement can be challenging, because retirees might grapple with costs related to housing and medical care. Here are 10 suggestions to trim a retiree's budget.