NSAC Happenings and Latest News - Page 69
How to Make a Winning Speech
For some CPAs, public speaking can be the stuff of nightmares. But those able to conquer their nerves can reap great rewards from making speeches, leading seminars, and sharing knowledge with peers. In 1985, Allan Koltin, CPA, CGMA, was 28 years old and terrified when he delivered his first speech at a national AICPA conference. "Everyone in the audience knew more than I did," he recalled. "My leg kept shaking and I couldn't stop it. I was ...
Read MoreBest Practices: The Importance of Conducting an Annual Fraud Checkup
The Centers for Disease Control and Prevention recommend annual checkups for individuals of all ages. Why? Because "regular health exams and tests can help find problems before they start." Not only is this true for our personal health, but also for the health of companies. When unchecked for too long, many companies unknowingly foster workplaces susceptible to fraud, which can cause devastating financial and reputational losses. Vulnerability ...
Read More3 Technologies Transforming Accounting, Finance and Tax
The data is clear: when considering technology within an organization, the question is no longer whether to invest — it's how. According to KPMG’s 2018 U.S. CEO Outlook, CEOs are thinking a lot about technology and data and analytics (D&A) for their organizations. Ninety-eight percent of CEOs view technology disruption as an opportunity rather than as a threat. Eighty-six percent of CEOs consider their companies to be active ...
Read MoreHow Workplace Trends Are Affecting Small Businesses
It's widely known that finding top-tier talent is a challenge many small CPA firms and other small businesses face. On the most recent episode of The Small Biz Brunch, a podcast from AICPA's #CPApowered campaign, I chatted with Mark Astrinos, CPA/PFS about this issue, changing trends in the workplace and how they’re affecting bottom lines and company cultures. A business owner himself, he had some key insights into hiring and retaining ...
Read MoreWhat You Need to Know About the New Hedging Guidance
The new hedge accounting guidance, which is effective in the first quarter of 2019 for calendar-year PBEs, changes the way entities account for and present their hedging relationships to better portray the economics of their risk management activities in their financial statements. The extent of the changes will vary by entity because some amendments are elective. However, other amendments require entities to change their financial ...
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