Accounting
Top stories summarized by our editors
11/13/2018

Clients can reap big savings on prescriptions by choosing the right Medicare Part D program.

Full Story:
CPA Insider
11/13/2018

The Tax Court has held the $400,000 restitution was not incurred in the trade or business of being an employee or in a transaction entered into for profit and was therefore not a deductible trade or business expense.

More Summaries:
Tax Court
11/13/2018

The future is closer than you might think. Here are the skills you'll need to thrive.

11/13/2018

Performing job-related activities after business hours might rob you of valuable cognitive recovery. Establishing a routine to separate work and home life is important, as is being selective about which devices you use during off-hours.

11/13/2018

Clients might not follow accountants' advice for several reasons, including fear of making the wrong decision or paralysis because there is so much information to absorb. However, accountants can take certain steps to help clients overcome these hurdles.

11/13/2018

Impact-driven not-for-profit donors want to see concrete results that their funds are put to good use. Beginning the budgeting process with detailed, specific and predictable outcomes can help donors understand their impact.

11/13/2018

The world is headed for an oil-supply crunch in the next few years unless there is additional investment in production and government intervention, the International Energy Agency said. Global demand will peak in 2040, but if governments enact policies to deal with climate change, the peak could be reached as soon as 2020, the IEA said.

More Summaries:
International Energy Agency
11/12/2018

SoftBank, the domestic telecommunications business of Japan's SoftBank Group, has been approved to conduct a $21 billion initial public offering on the Tokyo Stock Exchange with a listing that takes effect Dec. 19, according to a document filed with the Ministry of Finance. Shares will be priced Dec. 10.

Full Story:
Reuters
11/12/2018

The US Federal Reserve's inaugural Supervision and Regulation Report found that more than 40% of large US banks failed to "meet supervisory expectations in certain risk-management areas." The report also showed the banking sector's profitability was at a 10-year high.

More Summaries:
US
11/12/2018

Even talented workers may have their career progression halted by issues such as poor peer relationships or inadequate executive presence. These types of issues can be fixed, but there is often a breakdown during the feedback process.