NSAC Happenings and Latest News - Page 87
Ways to Manage Workplace Conflict Better
Conflict in the workplace is unavoidable. Here are nine tips to help you best navigate workplace disagreements. 1. Avoid editorializing and exaggerating during the discussion. Focus on the facts as well as potential solutions. It’s about the end game, not how you got to where you are. 2. Conduct individual chats. Then strategically attempt to identify common interests and expectations. 3. Create opportunities for healthy ...
Read MoreAccounting and Security: In Industry, the Twain Should Meet
Industry accountants see accounting software and online bookkeeping software as the technologies that will have the greatest impact on the profession in the next five years. Closely following these are data analytics and cloud solutions. Security, however, takes a back seat. This data was compiled from a survey conducted by BlackLine, which attempted to find out how company finance departments globally interact with technology, and how they are ...
Read MoreAfter Tax Reform, Do Business Meals Remain Deductible?
Since the passage of the Tax Cuts and Jobs Act (TCJA) last December, taxpayers have been asking if business meals are still deductible business expenses. This question is the result of the law specifically disallowing business deductions for activity that constitutes entertainment, amusement, or recreation — while continuing to allow a 50 percent deduction on business meals. Which raises the question: Is a meal itself considered ...
Read MoreEvolving From a Controller to a Strategic Business Partner
Unstoppable forces continue to drive business growth and create opportunities for the controllership function. Two studies explore these opportunities: One takes a closer look at controllership's evolution to become a strategic business partner. The other examines how to execute on a new vision for the changing role of the controller. Becoming a strategic business partner Controllers in the United States spend nearly 70 percent of their ...
Read MoreGetting Ready for the New Lease Accounting Guidelines
The implementation deadline for the new IFRS 16/ASC 842 lease accounting standards is rapidly approaching. The new standards will require organizations to report and disclose all lease obligations for buildings, office space, motor vehicles and other equipment, and reclassify them as assets and liabilities. Does your organization have an implementation plan and adequate system in place that will meet the new requirements? The new IFRS and ...
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