Accounting
Top stories summarized by our editors
5/24/2017

Many employers expect that they will keep following some of the most popular provisions of the Affordable Care Act, even if the law is repealed and replaced, according to a Willis Towers Watson survey. Features that employers may keep include unlimited lifetime benefits and contraceptive care.

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CFO
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Willis Towers Watson survey
5/24/2017

The AICPA Auditing Standards Board issued an interpretation Tuesday that describes conditions for practitioners who wish to perform and report on an attestation engagement in accordance with AICPA attestation standards in addition to another set of attestation standards.

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AICPA, ASB
5/24/2017

The majority of Americans said in a recent Bankrate.com report they have some type of regret over how they have handled their financial affairs, with not saving enough for retirement topping the list at 22% of respondents. Other regrets include not saving for emergency expenses and accruing too much credit card debt.

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CNBC
5/24/2017

Corporations with net operating losses or built-in losses should guard against ownership changes that can limit the use of those tax attributes. This article examines whether stock redemptions or transactions having the effect of stock redemptions may unintentionally cause an ownership change.

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The Tax Adviser
5/24/2017

Data show that terrorism risk around the world is rising, and the bombing this week at a concert in Manchester, England, shows the potential for tragic consequences. Organizations should be vigilant in scanning the horizon for threats and updating plans to address terror concerns.

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CGMA Magazine online
5/24/2017

Here's a look at how certain government programs would be affected by President Donald Trump's budget proposal, which was released Tuesday.

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CNN
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President Donald Trump, Trump
5/24/2017

The "WannaCry" malware incident is just the latest alarm for companies to address cybersecurity risks through a clearly defined, flexible and robust risk management program. The AICPA's new cybersecurity risk management reporting framework establishes a common language for evaluating and reporting on organizations' cybersecurity efforts.

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AICPA Insights
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risk management, AICPA
5/23/2017

The first members of Generation Z are graduating from college and entering the workforce, and it would be a big mistake to expect them to behave like millennials.

5/23/2017

The appeals court agreed with the Internal Revenue Service that a taxpayer was not entitled to challenge a penalty in a Collection Due Process hearing because it had already disputed the penalty in an administrative proceeding at the IRS Appeals office.

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The Tax Adviser
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Internal Revenue Service
5/23/2017

Despite conventional wisdom, open-plan offices may be a productivity drain. One study of 40,000 workers found that open-plan offices may create problems related to increased noise and reduced privacy.