Accounting
Top editor picks, summarized for you
7/29/2016

Amazon CEO Jeff Bezos has passed Berkshire Hathaway CEO Warren Buffett to become the world's third-richest person. Microsoft co-founder Bill Gates remains No. 1.

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Reuters, Forbes
7/29/2016

The majority of people who co-sign for student loans are parents, followed by other relatives, siblings and friends, according to a report by Credible.com. Having a co-signer can help borrowers get better rates, but co-signers should be aware of the risks they may face.

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CNBC
7/29/2016

Companies can determine if they have data-quality problems by taking a small sample and marking obvious errors. The costs of poor data quality can be surprisingly high, so companies should take steps to remedy problems.

7/29/2016

In June, the Republicans in the US House of Representatives unveiled a tax plan they call "A Better Way," a 35-page summary of ideas for changing the tax system. Annette Nellen, Esq., CPA, CGMA, takes an in-depth look at the plan in this article.

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Tax Insider
7/29/2016

The Financial Accounting Standards Board issued a proposal Thursday that is intended to clarify and strengthen financial statement disclosure requirements for an employee benefit plan's interest in a master trust.

7/29/2016

The financial outlook of the average American has reached its highest level in nine years, according to the quarterly AICPA Personal Financial Satisfaction Index (PFSi). This quarter's PFSi was bolstered by rising home equity and job openings, and CPA executives' optimism toward their organizations' prospects. But the economic impact of geopolitical events such as Brexit and the US presidential election remains uncertain.

More Summaries:
presidential election, PFSi
7/29/2016

It's important to find a home that fits your financial situation as well as it suits your family size, lifestyle and tastes. Working with the right professionals, as well as honestly assessing costs associated with buying a home, can help first-time homebuyers ensure their new purchase is in their budget.

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AICPA Insights
7/29/2016

The percentage of small companies -- those with fewer than 100 employees -- offering health insurance as a benefit dropped between 2008 and 2015, according to the Employee Benefit Research Institute. Larger companies' offer rates remained steady during this time period.

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CFO.com
7/29/2016

Recchia has served as treasurer and CFO of Valassis

7/28/2016

Although sampling methodologies for sales and use tax audits vary by state, they typically fall into two general categories, which this article describes. Understanding them can make it easier to identify errors in application that can lead to inaccurate adjustments.

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The Tax Adviser