Accounting
Top stories summarized by our editors
8/21/2018

The Financial Accounting Standards Board has proposed amendments to its new credit loss standard that are designed to decrease transition complexity and to minimize confusion about the scope of the standard.

8/21/2018

Independence issues decreased in the Public Company Accounting Oversight Board's 2017 inspections of audits of brokers and dealers. Practitioners can improve audit quality by reviewing the board's report and by studying common areas of concern.

8/21/2018

Fees charged by mutual funds and exchange-traded funds can eat into investment returns, so retirement savers should check fee disclosures. Average fees declined 8% last year, according to Morningstar.

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CNBC
8/21/2018

Reform of the international tax system was partly aimed at discouraging taxpayers from offshoring intangible income. This article examines foreign-derived intangible income provisions, global intangible low-taxed income provisions, and base-erosion and anti-abuse tax provisions, which together address this problem.

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The Tax Adviser
8/21/2018

This article looks at two macros that can be used to select a range of cells in Excel to perform an action.

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TechRepublic
8/21/2018

Change is always a hot topic. But somewhere between the benefits of change and the risks of stagnation lies a truth few people consider.

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AICPA Insights
8/21/2018

Jackson is CFO at Nielsen.

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MarketWatch
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Nielsen Holdings, Hertz
8/21/2018

The FBI has informed US banks of a possible cyberthreat targeting ATMs that involves altering limits on the amounts of cash they can dispense, prompting institutions to improve their controls. Such breaches often focus on small or midsize institutions, "likely due to less robust implementation of cybersecurity controls, budgets or third-party vendor vulnerabilities," the FBI said.

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FBI
8/21/2018

Japan's Financial Services Agency is beginning to conduct on-site inspections of regional banks' internal audit operations, a government official said. The agency expects a gradual broadening of what the inspections cover, the official said.

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Reuters
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Financial Services Agency
8/20/2018

PepsiCo will spend $3.2 billion to acquire SodaStream, which makes products for the at-home carbonated beverage market. "We get to play in a business -- home beverages -- where we don't play," said PepsiCo Chief Financial Officer Hugh Johnston.

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CNBC
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PepsiCo, SodaStream, Hugh Johnston