President Barack Obama's budget includes a proposal that would require small businesses to set up individual retirement accounts funded by deductions from employees' pay. Anecdotal interviews indicate strong support from CFOs because they are concerned about employees' retirement savings. However, those interviewed also expressed concern about costs for employers and how the program would be administered.
The Public Company Accounting Oversight Board plans to host a series of forums on small-business auditing starting in June. Discussion topics include fraud, inspection findings, relevant standards and case studies.
Employers usually stereotype personalities when filling certain positions -- for example, a sales position would go to an extrovert -- David DiSalvo writes. However, a study suggests most companies would be better off tapping an ambivert: someone who is equal parts extroverted and introverted. The study showed that over a quarter, ambiverts made 24% more in sales than introverts and 32% more than extroverts.