Accounting
Top stories summarized by our editors
4/21/2017

Leaders should consider giving employees paid time off to participate in civic engagement, such as volunteerism or peaceful protest, writes Susan Johnston. Patagonia, for example, pays bail for employees arrested during a peaceful protest of environmental issues and offers paid time off for subsequent court appearances or legal appointments.

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Susan Johnston, Patagonia
4/21/2017

Stocks opened flat today after good news from the Trump administration on tax reform and steel boosted markets Thursday. At 10 a.m. Eastern, the Dow Jones industrial average was down 5 points, the Nasdaq composite was down 5 points and the Standard & Poor's 500 index was down 2 points.

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MarketWatch, CNBC
4/21/2017

Effective leadership can solve the problem of mediocre performance among employees. This article offers four suggestions, beginning with helping workers understand how their jobs affect the company as a whole.

4/21/2017

A proposal issued Thursday by the Auditing Standards Board would change standards for auditors reporting on financial statements of employee benefit plans subject to the Employee Retirement Income Security Act of 1974.

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ERISA
4/21/2017

The Accounting and Auditing Organization for Islamic Financial Institutions has announced its intentions to develop guidance on Islamic endowments, which are called awqaf.

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Reuters
4/21/2017

CFOs who aspire to take over one day as chief executive must adjust their focus, improve skills and expand their networks to be seriously considered for the job.

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CGMA Magazine online
4/21/2017

The Internal Revenue Service issued guidance on how taxpayers can take advantage of various provisions enacted by last year's PATH Act. Among other things, the procedure discusses new rules for Sec. 179 expensing, bonus depreciation changes and the revised depreciation recovery period for Indian reservation property.

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Internal Revenue Service
4/21/2017

Want to take the next step in your career? Your peers found the AICPA's Leadership Academy gave them the edge they needed to get ahead. This selective program brings together the best and brightest CPAs for four days of intensive professional development, leadership training and networking. Applications for the upcoming class are due May 31.

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AICPA Insights
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Leadership Academy, AICPA
4/21/2017

Employees do not always appreciate the value of the benefits that a company provides, which can diminish the return on investment that employers see from these benefits. Companies need to raise awareness of the value of benefits through effective communications strategies.

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CFO.com
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return on investment
4/20/2017

"The past several weeks will rank among the worst periods ever in which global companies inflicted damage on their brands with clumsy operational, marketing, public relations, and social media actions," writes IIA President and CEO Richard Chambers. "If there are lessons to be drawn by internal auditors, perhaps the best case study is United Airlines."