The renewal of a mutual-recognition agreement gives qualified US CPAs eligibility to obtain the CA ANZ credential, which is a pathway to obtaining audit rights in Australia and New Zealand.
A significant number of people could wait longer to claim Social Security benefits by using funds in IRAs to finance a delay, a study has found. This could let them get larger Social Security checks when they file for benefits.
The recent significant reduction in the corporate tax rate to 21% has many S corporations considering whether to convert to a C corporation to take advantage of the lower rate. Find out the costs and benefits of converting.
Holiday parties can leave employers open to liability if employees engage in behavior such as bullying or harassment. Companies should consider factors such as whether to serve alcohol and where the event is held.
The Securities and Exchange Commission should adopt rules to provide investors more information on how their shares are voted by fund managers in corporate elections, Commissioner Robert Jackson Jr. says.
The US economy added 155,000 jobs to nonfarm payrolls in November, slower than the amount in recent months. The unemployment rate stayed at 3.7%, and average hourly earnings increased 3.1% compared with November 2017.
"The time has come to take a new look at the Three Lines of Defense and give this trusted instrument a 21st-century makeover," writes IIA President and CEO Richard Chambers. "Buoyed by the support of governance experts in the public and private sectors, academia, regulators, and representatives of the Big Four accounting firms, The IIA has embarked on a project to refresh the model."