Whether a settlement contains a nondisclosure agreement makes all the difference in how it's taxed.
Some finance departments do not show a strong commitment to shared services and do not receive the maximum possible value, according to a Gartner survey. Finance departments that don't act as partners to shared services might have more service disruptions.
President Donald Trump said the US government will give $16 billion in aid to farmers who have been affected by tariffs. Financial markets fell after Agriculture Secretary Sonny Perdue suggested it is unlikely the US and China will have resolved trade differences by July or August.
"One of the highlights from each year's International Internal Audit Awareness Month is the numerous public proclamations promoting the profession," writes IIA President and CEO Richard Chambers. "In my mind, such proclamations acknowledge a fundamental truth: Internal audit boosts transparency and accountability in the public sector." Chambers says that is why he is disappointed when jurisdictions that have already recognized internal audit's value take a step backward.
The Governmental Accounting Standards Board has proposed guidance for state and local government accounting for subscription-based IT arrangements.
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