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Consumer finance site Wallethub has ranked the best and worst states across the country where taxpayers can find accountants to help them prepare their taxes, based on criteria like number of accountants, affordability of tax help, and accounting jobs available (among others). So where does New York rank?
A penny was auctioned off for nearly $1.2 million, according to CNBC. But not just any penny: this was a penny minted in 1792, one of the first American coins to be minted, and so is a valuable piece of this country's history. It was auctioned by Stack's Bowers for $1,175,000 and has a picture of Lady Liberty surrounded by the words "Liberty Parent of Science & Industry," according to CNBC.
Kara Stein, a member of the Securities and Exchange Commission, said in a recent speech at Brooklyn Law School that people need to move on from the "debate between dueling standards" of U.S. Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS), according to Reuters. Neither is perfect, she said, and neither worked "ideally" during the financial crisis.
Did your job training have spin classes, unlimited Starbucks and lobster rolls? No? Then maybe you should have done your training at Deloitte's new training center, where new employees get to know their new employer at what has been nicknamed Deloitte Disneyland, according to Bloomberg.
Seeking to untangle complex standards that have apparently made CPAs all over pull their hair out, the Financial Accounting Standards Board has voted to begin drafting accounting standards updates aimed at simplifying the equity method and accounting for business combinations, according to the Journal of Accountancy.
Working remotely is becoming increasingly prevalent in today’s society and something that more and more people in the workforce are coming to expect. If your employees plan on working remotely, whether it’s a regular occurrence or it’s a matter of extended leave, CFO.com has some tips on how to effectively manage them:
An object in motion tends to stay in motion, while an object at rest tends to stay at rest--that's inertia, and it's why a lot of people wind up staying in jobs that they dislike. An article in Forbes, though, offers a few concrete signs that it might be time to updating your resume and upping the number of networking events you attend. The article goes into more detail, but in short they are: