Accounting
Top stories summarized by our editors
3/24/2017

Collaborating with companies they compete against is helping some finance executives make sure their organizations won't be outliers after they implement the new revenue recognition standard.

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CPA Insider
3/24/2017

In some cases, governments may seek access to smartphones or other devices used by travelers. Here's a look at how to protect your data the next time you go on a trip.

3/24/2017

These strategies can help multinational companies -- including small and medium-sized businesses -- manage the risk associated with currency fluctuations.

3/24/2017

The Tax Court held that Amazon.com had properly valued transfers of intangibles under a cost-sharing arrangement with its Luxembourg subsidiary. The court held that the Internal Revenue Service acted in an "arbitrary, capricious, and unreasonable" manner in the case, which involved over $234 million in assessed tax deficiencies.

3/24/2017

The Internal Revenue Service no longer has authority or jurisdiction over a practitioner once he or she has been suspended from practice, a federal court held while enjoining the Office of Professional Responsibility from attempting to regulate a disbarred practitioner's tax preparation activities.

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IRS
3/24/2017

The most successful people don't try to avoid work or seek to blame others when things don't go their way. Phrases such as "I already paid my dues" are not in their vocabulary.

3/24/2017

Jaspon serves as treasurer and vice president of finance.

3/23/2017

Character strengths such as perseverance and self-discipline, not cognitive skills, are the true driver of success in life, according to Brookings Institution research. "There is a long research literature on the importance of self-control, or the ability to defer gratification -- a close corollary of our conceptualization of the character strength of prudence," the report says.

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Brookings Institution
3/23/2017

Sometimes CPAs do not realize clients are dissatisfied with their level of responsiveness. To avoid this, experts tout the importance of being receptive, available and approachable.

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CPA Insider
3/23/2017

The Accounting and Auditing Organisation for Islamic Financial Institutions, based in Bahrain, has published draft accounting standards for Islamic bonds known as sukuk. The rules cover the treatment of sukuk on balance sheets and the types of disclosures issuers should make.

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Reuters