Featured News
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Using the best email closing lines for your firm
Accountants may want to consider how their emails — including the closing lines — reflect on their professionalism along with the nature of their client relationships.
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FASB seeks input on proposal re reimbursable work agreements
The FASB is seeking comments on an exposure draft technical bulletin on intragovernmental leasehold reimbursable work agreements.
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30% of CFOs see economic downturn triggering layoffs, study shows
Thirty percent of CFOs said they may trim their workforce through layoffs in the event of an economic downturn during the next six months, according to a new CFO survey report.
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DOR releases August 2022 Economic Forecast Update
The latest economic forecast update from the Wisconsin Department of Revenue (DOR) anticipates state personal income to grow 3.2% in 2022 and 4.9% in 2023, compared to 3.2% and 5% nationwide.
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Fed attacks inflation with another rate hike
To combat high inflation, the Federal Reserve raised its key interest rate by three-quarters of a point for a third straight time.
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AICPA seeks feedback on accounting and valuation guide
The AICPA’s Financial Reporting Executive Committee issued a working draft of the AICPA Accounting and Valuation Guide for business combination transactions.
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SEC proposes regulations for Treasury market clearinghouses
The SEC proposed new rule changes to reduce risk in the U.S. Treasury market by increasing requirements for agencies that deal in the clearing and settlement of securities transactions.
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Private companies struggle with lease accounting rules
Privately held firms are struggling with applying new lease accounting standards, staff and board members reported at a recent FASB meeting.
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Building a better firm by maximizing client data
By getting the most out of their client data, firms can reap the benefits of higher recurring revenue and a sustainable workload balance that leads to happier staff.
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New CAQ initiative aims to increase diversity efforts
A new strategic education initiative from the Center for Audit Quality (CAQ) aims to introduce students to careers in accounting and attract greater diversity and representation.