Accounting
Top stories summarized by our editors
11/16/2017

The prevalence of elder financial scams continues to rise. This article, based on a session at the AICPA's Forensic and Valuation Services conference, looks at common schemes and at ways CPAs can help clients avoid becoming victims.

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AICPA
11/16/2017

The stock market is in its second-longest bull market in history. Job openings are setting records, and inflation remains favorably low. Learn how to make sense of it all and how it affects you or your clients' financial goals.

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AICPA Insights
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stock market
11/16/2017

The revised chairman's mark of the Senate tax-reform bill contains many significant changes to the proposed legislation, including sunsetting many of the individual tax changes after 2025 and repealing the Affordable Care Act's individual mandate.

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Senate Finance Committee, Senate
11/16/2017

Employees who lack supervisor support are much less likely to say they have opportunities to develop technical and leadership skills, research by the American Psychological Association shows. Here is a look at how to establish a culture that prepares employees for the future.

11/16/2017

Emerging blockchain technology has implications for many disciplines that are important for CPAs, including auditing, cybersecurity, and financial planning and analysis. Take this five-question quiz to find out whether you understand the basics of this important technology.

11/16/2017

Richard Cordray, director of the Consumer Financial Protection Bureau, has announced he is stepping down by the end of the month.

11/16/2017

Some hackers are using malware to steal computing power to mine cryptocurrency. Certain browser plug-ins and robust security tools can stop this activity.

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Fortune
11/16/2017

The federal government's deficit last month was 37.9% higher than the deficit in October 2016, reaching $63.2 billion. JPMorgan Chase projects the deficit will total $675 billion this budget year.

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The Associated Press
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budget deficit, JPMorgan Chase
11/16/2017

Blockchain is becoming more common in financial reporting, creating a need for appropriate internal controls. Such controls "can take a lot of different forms," such as general IT controls or information controls that another organization manages, says Will Bible, audit and assurance partner at Deloitte & Touche.

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Deloitte
11/16/2017

The Labor Department has sent cease-and-desist letters -- the first in its history -- calling on AEU Holdings to halt marketing of a multiple-employer welfare arrangement that included about 14,000 people in 36 states. The department says AEU sent employer contributions to an account in Bermuda, and a judge has ordered a temporary stop to any actions related to the arrangement.

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Labor Department, DOL