Accounting
Top stories summarized by our editors
4/19/2018

Filing your tax return can provide a great impetus for updating your financial plan, CPA financial planners say, because it requires you to organize financial information and to have it close at hand. Having too large of a tax refund or having to pay too much tax can be a sign your financial plan needs revising.

4/19/2018

Retirement can bring financial surprises for even the most-prepared people, so here is a look at seven common misconceptions.

4/19/2018

As finance functions become more efficient, companies are concentrating on making them more productive. This has a wide range of implications for the skills employers are seeking.

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Financial Management
4/19/2018

The Supreme Court has heard oral arguments in South Dakota v. Wayfair, in which the court is being asked to overturn a requirement that sellers have a physical presence in a state for that state to require them to collect sales tax.

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Supreme Court, Wayfair
4/19/2018

Many Group of 20 countries have "weak" or "average" tools to fight financial secrecy, according to Transparency International.

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The Associated Press
4/19/2018

Rowe serves as CFO at VMware.

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Zane Rowe, CFO, VMware
4/19/2018

Companies need to be proactive about staying in compliance with anti-money-laundering regulations by creating a comprehensive plan to recognize, audit and report violations, writes Deanna Murray of Digital Intelligence Systems. Murray outlines the need for internal control reviews and five other key components of a strong anti-money-laundering plan.

4/19/2018

A new publication from the Center for Audit Quality aims to provide public company board members with guidance for addressing cyberrisk management. The CAQ offers four categories of questions that board members can ask to examine such issues as the strategies that management and the financial-statement auditor use to deal with cyberrisk.

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Accounting Today
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CAQ
4/19/2018

Fewer fraud cases are being referred to law enforcement, according to the Association of Certified Fraud Examiners. From January 2016 to October 2017, 58% of cases were given to law enforcement, down from 69% in 2008, ACFE said, noting that a typical employee fraud case results in a $130,000 loss.

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Accounting Today
4/18/2018

Senate Republicans, with support from President Donald Trump, are preparing to use the Congressional Review Act to repeal 2013 rules from the Consumer Financial Protection Bureau to discourage discrimination by auto lenders. Using the act on years-old rules, rather than recently adopted ones, raises concern decades of regulation might be at stake.

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Politico