Accounting
Top stories summarized by our editors
10/17/2018

The World Economic Forum has ranked the US as the most competitive economy, ousting Switzerland from a nine-year run atop the ranking. The ranking system was overhauled this year to focus on technology-driven growth expected in the future.

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Reuters
10/17/2018

A proposed Statement of Federal Financial Accounting Concepts titled Materiality would provide materiality concepts, specify the scope of materiality and list factors to consider when applying materiality in federal financial reports.

10/17/2018

What do these terms associated with artificial intelligence really mean? What impacts will they have on accounting in the future (and what impacts are they already having today)? This article answers those questions and suggests steps accountants should take now to prepare for a future shaped by AI.

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CPA Insider
10/17/2018

Some people opt to remain in the same place for retirement, while others move as a result of economic factors or other reasons. Here is a list of eight places that can meet the specific needs of retirees.

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Money magazine
10/17/2018

The Securities and Exchange Commission has cautioned public companies to be on the lookout for a class of cyber-related fraud called "business email compromise." Frauds of this type resulted in nearly $100 million in losses among nine public companies investigated by the SEC, which called on companies to consider the threat of spoofed electronic communication in the design and implementation of internal accounting controls.

10/17/2018

Rate reductions enacted by the law known as the Tax Cuts and Jobs Act might make interest charge domestic international sales corporations less beneficial. This article examines whether that is so in particular cases.

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The Tax Adviser
10/17/2018

Good leaders are ambitious enough to drive companies to meet goals but are humble at the same time. Effective leaders recognize that their job is to uncover the best ideas, no matter who has them.

10/16/2018

Jumpstart Our Business Startups Act 3.0, which would remove obstacles to capital formation and would cut costs for small companies, is likely to be enacted regardless of how midterm elections turn out, according to a report from Moody's Investors Service. The measure has solid bipartisan support, the report says.

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Moody
10/16/2018

CPA Exam questions must adhere to Blueprint topics and skill levels while avoiding words and ideas that could distract or confuse the reader.

10/16/2018

Saving for retirement can be challenging when you have other demands on finances and retirement is years away. Here is a look at how to prioritize goals and implement a savings plan.

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MarketWatch