Although boards are busy with important oversight of risk management, strategy and succession planning, attention to an organization's culture also plays a critical role in effective governance. Here's how to spot red flags that might indicate ethical problems in an organization's culture.
Even small tweaks to a retirement-savings strategy can lead to significantly more money in retirement. These include taking advantage of matching contributions and increasing salary deferrals to your retirement plan when you receive a raise.
Because "trade or business" is largely undefined in the Internal Revenue Code, there can be confusion about whether a new entity's operations are an extension of an existing trade or business or represent a new trade or business. This can affect accounting methods, the at-risk limitation and other issues, as recent cases illustrate.
Many organizations will increase focus on cybersecurity in the coming year. Here's how executives and boards can help their organizations adapt to the rapidly changing landscape.
As baby boomers prepare for retirement, CPA firm leaders are considering selling their businesses or training younger members to eventually take over. In addition, some might impose a mandatory retirement age.
The number of Americans filing for state unemployment benefits fell last week to a seasonally adjusted 207,000, the smallest number since December 1969, the Labor Department said. Economists surveyed by Reuters expected claims to rise to 220,000.
Small business owners can maximize their qualified business income deduction under the new tax law by setting up a qualified retirement plan.
The Financial Accounting Standards Board on Thursday clarified rules and corrected application of guidance that it had not intended when it issued its new lease accounting standard in 2016.
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