Accounting
Top stories summarized by our editors
8/18/2017

Main stock indexes in Britain, France, Germany, Hong Kong and Japan dropped today after Barcelona and Cambrils, Spain, experienced terrorist attacks. The situation contrasts with earlier in the year when investors seemed to shrug off political risk.

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Hang Seng Index, Hong Kong, Cambrils
8/18/2017

Because the loans might be recharacterized as compensation, which can trigger unexpected income and payroll taxes for the doctor, care must be taken to ensure the loans are bona fide debt.

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Tax Insider
8/18/2017

Studies have shown giving back is important to many millennials, and CPAs are uniquely positioned to use their professional skills for good. Read these three tips to jump-start your community service.

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AICPA Insights
8/18/2017

When advising business owners, paying close attention to key planning considerations can help them keep their business and personal finances on track.

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AICPA Insights
8/18/2017

Many people are traveling to sites along the solar eclipse's path of totality, the prime viewing area. Despite the surge in business, there are still ways to save money -- and avoid scams -- when booking accommodations.

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ABC News
8/18/2017

Factory production declined 0.1% in July, according to the Federal Reserve. Overall industrial production, which includes mines and utilities, climbed 0.2%.

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CNBC, Bloomberg
8/18/2017

Record was CFO at J.C. Penney.

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Reuters
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Edward Record, J.C. Penney
8/17/2017

"Sadly, some internal auditors fear that auditing high-risk areas will not resonate well with executive management," writes IIA President and CEO Richard Chambers. "A brief examination of this avoidance game quickly reveals the fallacy that sidestepping controversy will keep management happy or the organization out of trouble."

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Richard Chambers
8/17/2017

Extortionist hackers have penetrated HBO's security and are leaking episodes of "Game of Thrones" and "Curb Your Enthusiasm" online. Gizmodo's advice: Release the rest of "Game of Thrones" and get it over with.

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Gizmodo
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Gizmodo, HBO
8/17/2017

Household debt reached $12.84 trillion in the second quarter, $552 billion more than the amount in Q2 of 2016, according to the Federal Reserve Bank of New York. The New York Fed says credit card delinquency "ticked up notably," though the proportion of debt that was delinquent was similar to that of Q1.

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Reuters