Accounting
Top stories summarized by our editors
3/30/2017

Internal auditors can gain trust through "emotional connection," writes board consultant Lola Gershfeld. Those who do so tend to exhibit 13 key behaviors, including tenacity and a focus on identifying the cause of problems rather than assessing blame, Gershfeld writes.

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Accounting Today
3/30/2017

Business leaders have formed the Campaign to Repeal FATCA, with the goal of using a tax overhaul to end the Foreign Account Tax Compliance Act. The coalition says in a letter to lawmakers that FATCA "fails in its primary goal to catch wealthy tax cheats" and "makes U.S. citizens living and working abroad toxic assets in the eyes of both financial institutions and employers."

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Compliance Week
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FATCA
3/29/2017

Inner words, whether cruel or kind, are with you constantly, shaping your perception of events. "In the same way that repetitive negative thoughts can cause us to spiral into anguish, positive self-talk has a positive domino effect," writes Lisa Ferentz.

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Quartz
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Lisa Ferentz
3/29/2017

White House press secretary Sean Spicer has put Russian dressing in the news, saying "somehow that's a Russia connection" if President Donald Trump uses it. The condiment is actually from New Hampshire.

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CNN
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Sean Spicer, White House
3/29/2017

Unfounded assumptions about retirement savings can lead to disaster, because insufficient liquidity or worse-than-expected returns can derail your plan. This article offers four tips for avoiding retirement pitfalls, beginning with planning for the worst-case scenario.

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Forbes
3/29/2017

Microsoft has rolled out a beta update for Excel for Windows that adds a live, collaborative editing feature to the program.

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PCWorld
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Microsoft, Windows
3/29/2017

The Tax Court agreed with the Internal Revenue Service and not the taxpayer that an exchange between related parties did not qualify for Sec. 1031 nonrecognition treatment. The taxpayer failed to establish that the transaction did not have as one of its principal purposes the avoidance of federal income tax, which would have allowed it to avoid the related party rule.

3/29/2017

Kimberly Ellison-Taylor, Tommye Barie and Olivia Kirtley are among an elite group of women who have served as chairs of the AICPA Board of Directors. Find out what it took for these pioneers to achieve success in the accounting profession and how their experience is helping to inspire others to do the same.

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AICPA Insights
3/29/2017

Virtual teams are ubiquitous, and, because of their familiarity, we can easily overlook how challenging it is to work with geographically diverse colleagues. It takes special skills and practice to manage these global virtual interactions successfully. Here are several tips for managing far-flung employees.

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AICPA Insights
3/29/2017

Companies in the Washington, D.C., area offer an enviable array of office-design features. Perks include a roof deck, a sports ticker and an oxygen room complete with plants and trees.