Accounting
Top stories summarized by our editors
8/13/2018

Bob Veres recommends four books that can help advisers with tasks such as hiring, marketing and creating an enduring practice. PFP/PFS Section members have a complimentary subscription to Veres' Inside Information. Download the latest issue here.

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Advisor Perspectives
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Bob Veres
8/10/2018

You can get more done if you prepare your schedule the night before, tackle one task at a time and debrief at day's end, writes Julie Winkle Giulioni. Writing down what you've accomplished "allows you to evaluate your results, determine what's working and what's not, and recalibrate your efforts," she writes.

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SmartBrief/Leadership
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Julie Winkle Giulioni
8/10/2018

Two more increases in short-term interest rates are likely to emerge from the Federal Reserve in 2018, with one in September and another in December, a Wall Street Journal survey of economists finds. Federal Reserve Bank of Chicago President Charles Evans says economic growth could set the stage for one or two more increases this year, while Federal Reserve Bank of Richmond President Thomas Barkin says economic growth will determine the amount of any such increases.

8/10/2018

In the excitement over process improvements blockchain might deliver, it's important to address legal and security concerns related to distributed-ledger technology.

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Financial Management
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Blockchain
8/10/2018

The AICPA's Financial Reporting Executive Committee is seeking feedback on working drafts designed to assist preparers at financial institutions and insurance companies as they implement the Financial Accounting Standards Board's new standard on accounting for credit losses.

8/10/2018

Taxation of frequent flyer miles and other points taxpayers receive from rewards programs is a vexing problem, involving questions of timing, amount and reporting of income.

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The Tax Adviser
8/10/2018

Higher-end models of many brands have safety features that might reduce insurance premiums.

8/10/2018

Nearly 12% of participants in a Deloitte webcast said their companies were following a wait-and-see approach to compliance with the EU General Data Protection Regulation. That could be a risky strategy, because the regulation allows penalties of up to 4% of an organization's global annual revenue.

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CFO
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Deloitte, EU
8/10/2018

The US Labor Department said initial unemployment claims declined by 6,000 to a seasonally adjusted 213,000 last week.

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CNBC
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US Labor Department
8/10/2018

Tribune Media has canceled a $3.9 billion sale to Sinclair Broadcast Group and has sued Sinclair, alleging mishandling of an effort to obtain approval from the Federal Communications Commission. The FCC had said Sinclair "did not fully disclose" facts about the transaction and might have "attempted to skirt the commission's broadcast ownership rules."

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Reuters