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Sometimes it happens. Maybe happy hour turned into a happy four hours before realizing with alarm that it's now tomorrow and you need to get home. Maybe your apartment's heating system makes this weird, persistent clicking noise that wouldn't be so bad if not for the fact that the clicks are irregular, without pattern, and so you tense up after each one anticipating the next all night long.
People young and old are often told that they should strive to do what they love for a living, to merge work and play so as to create a fulfilling career that won't leave you feeling like Willy Loman at the end of Death of a Salesman. An article on The Medium points out that this may not always (or even mostly) be the best idea.
While taxes have remained the number one source of accounting deficiencies, inventory reporting has been creeping up the ladder until now, according to Audit Analytics, it is a close second in number of deficiencies, according to the Wall Street Journal. Large companies disclosed deficiencies in their procedures to account for inventory, vendors and cost of sales 38 times last year, said the Journal.
Burger King has announced plans to buy Canadian coffee and donut chain Tim Horton's for the princely sum of $11.4 billion, a deal that will also allow Burger King to take advantage of Canada's lower tax rate, said the LA Times--the combined federal, state and local corporate tax rate in Canada is 26.3 percent, versus 39.1 percent for the U.S. Burger King, however, has said that the move is not motivated by tax considerations.
Corporate inversions have gone from accelerator to brakes in a very short time as increasing scrutiny and pressure on companies seeking to move overseas has put some deals in doubt, according to Bloomberg.
In the U.S. it's generally understood that unless you have direct deposit, it can take at least a day or two for a check to clear and money to be taken from one account and put into another. What is generally not known, even to this blogger until recently, is that this is a fairly U.S. specific phenomena within the developed country club, according to the Business Insider.
Accounting Today has a list of what, apparently, are the best cities to move to if you're looking for a career in accounting, based on things like which positions are most in demand in a particular city, the outlook of the local job market, average salary figures, and local quality of life. They include:
Cursing in the office: according to an article in Quartz there is a time and a place for it, and it can even be beneficial. It can help workers let off steam that might otherwise have built up and eventually exploded. When leaders use it, it can help them appear more relatable to both their customers and employees.
Federal Reserve Chair Janet Yellen, while acknowledging that the job market has made some gains, said that the U.S. has yet to recover fully from the financial crisis, said CNN Money. She felt this was evidenced by the number of people working part-time because they can't find full-time positions, the ranks of the long-term unemployed and the lack of wage growth, said CNN.