Accounting
Top stories summarized by our editors
10/15/2019

On the second floor of Manhattan East Sanitation Garage Number 11 is an unofficial museum called Treasures in the Trash that features Pez dispensers, autographed baseballs, knives and other items curated from garbage by former sanitation worker Nelson Molina. Workers can't take items home with them, so Molina began an informal collection that has blossomed.

Full Story:
OpenCulture Blog
10/15/2019

How you perceive stress makes a big difference in how you deal with it. Crack your personal "stress code" so you treat difficult situations as challenges, rather than threats.

Full Story:
Fast Company online
10/15/2019

The Internal Revenue Service has finalized regulations permitting taxpayers to deduct disaster losses in the tax year immediately preceding the tax year the disaster occurred.

10/15/2019

Microsoft has brought back real-time stock prices, although the steps for creating such a link are different, as illustrated in this simple example from the Journal of Accountancy's Technology Q&A column.

10/15/2019

Users have reported issues related to the Windows 10 May 2019 Update and the latest cumulative update. Some users, for example, say they are unable to run Microsoft's Edge browser after the cumulative update.

Full Story:
TechRadar (UK)
10/15/2019

Sophos has found multiple apps on Google Play that engage in problematic practices to launch ads on mobile devices while making it difficult for users to find and remove them. More than 1.3 million devices have installed at least one of these apps, data shows.

Full Story:
Forbes
More Summaries:
Sophos
10/15/2019

Clients who feel an emotional connection to your firm can be your greatest asset, especially at a time when accounting work is increasingly commoditized. In this podcast, with full transcript, Julie Littlechild, founder and CEO of Absolute Engagement, discusses what her organization's research reveals about how clients become truly engaged with an accounting practice.

10/15/2019

Rebekah Goshorn Jurata, special assistant to the president for financial policy on the White House's National Economic Council, has been appointed to the Public Company Accounting Oversight Board. Jurata replaces cybersecurity expert Kathleen Hamm, who had sought another term on the board.

Full Story:
CFO
10/15/2019

Citibank has paid a $30 million fine to the Office of the Comptroller of the Currency for allegedly violating holding-period rules for other real estate owned, with the OCC citing "deficient processes and controls." Citi has neither admitted nor denied wrongdoing and says it has "strengthened controls, processes and procedures to ensure the timely disposition of these assets."

10/14/2019

If clients need funds during retirement, one option to consider involves taking out a reverse mortgage and using a line of credit. Focusing on the example of a 65-year-old client with a $350,000 home, this article explores the costs and benefits of a reverse mortgage in addition to other factors.

Full Story:
Advisor Perspectives