Accounting
Top stories summarized by our editors
8/20/2018

Eliminating unnecessary costs can help balance a budget and provide financial stability. Unused subscription services and redundant insurance are among expenses to consider cutting.

8/20/2018

Some employers, reluctant to lose valuable workers, are offering flexible hours and other benefits to help employees care for aging parents. This trend is gaining momentum as more millennials provide care.

8/20/2018

With a tweet, President Donald Trump has entered a growing debate about the usefulness of quarterly earnings guidance. Some say focusing too intently on quarterly reports causes companies to neglect long-term goals that should be more of an emphasis.

8/20/2018

In a recent decision, the US Court of Appeals for the District of Columbia Circuit held that the AICPA had standing to challenge the Internal Revenue Service's Annual Filing Season Program for unenrolled tax preparers but further held that the program did not violate the Administrative Procedure Act.

8/20/2018

Companies with vendors, employees or even a single customer in the EU are required to comply with the bloc's General Data Protection Regulation. Following these four basic steps can help organizations comply with the rules.

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Financial Management
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European Union
8/20/2018

The company, the second-largest software-services exporter in India, is searching for a replacement.

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Reuters
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Infosys
8/20/2018

Securities and Exchange Commission Chairman Jay Clayton said in a roundtable discussion last month that the agency might create a video to help investors understand the different standards of care offered by advisers and brokers.

8/20/2018

Social Security may experience future shortfalls that far exceed forecasts made by the Social Security Board of Trustees, finds an analysis by the Wharton School. The reason for the disparity is that previous estimates did not account for the potential of the national debt to erode the payroll tax base.

8/20/2018

Clients planning to leave an individual retirement account to a trust for their young children should be aware of potential problems. Here is a look at one thorny situation and the pros and cons of conduit trusts and last man standing trusts. For more in-depth technical guidance on estate planning strategies and ideas, see The Adviser's Guide to Financial and Estate Planning (open to PFP/PFS Section members).

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Morningstar
8/20/2018

Advisers often find themselves balancing financial and emotional support when clients are grieving. In these situations, knowing which potentially hurtful sayings to avoid is critical to maintaining a healthy relationship. Broadridge Advisor, included with PFP/PFS Section membership, has multiple concept pieces and checklists on how to advise clients after the death of a spouse or another loved one.

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WealthManagement