Latest Articles

  • Big Companies: We Need More Accountants!

    By:
    Chris Gaetano
    |
    Apr 26, 2017
    A survey of more than 1,400 financial professionals in the U.S. and Canada has revealed that 62 percent of large companies report that they are understaffed on accounting and finance personnel. 
  • 17 Million Last-Minute Filers Make IRS Deadline Just Under the Wire

    By:
    Chris Gaetano
    |
    Apr 26, 2017
    Nothing like waiting til the last minute, eh? Accounting Today reports that the IRS got a surge of last minute returns right before the deadline closed out, 17 million, making an explosive last round in a season that began rather sluggish. 
  • Study: Number of SEC Registrants Dropped Near 40 Percent Since 2010

    By:
    Chris Gaetano
    |
    Apr 25, 2017
    The number of companies registering with the Securities and Exchange Commission has plummeted over 15 years, dropping nearly 40 percent since 2010. 
  • Survey Finds Millennials More Than Twice As Likely to Give Personal Info Over Phone

    By:
    Chris Gaetano
    |
    Apr 25, 2017
    A recent survey has found that although millennials are less likely to receive scam phone calls than other generations, they are more likely to give their personal information out over those same calls. 
  • Regulatory Roundup: April 19-25

    By:
    Chris Gaetano
    |
    Apr 25, 2017
    With so many regulators out there, it can be tough to keep track of everything they say from week to week. Luckily, we here at The Trusted Professional have collected relevant regulatory announcements from the past week and put them here in one place to help you stay on top of regulatory issues or matters.
        
  • SEC Considering Its Own Version of Delayed Fiduciary Rule

    By:
    Chris Gaetano
    |
    Apr 24, 2017
    The acting chair of the Securities and Exchange Commission said his agency could implement its own version of a Department of Labor regulation requiring the use of the fiduciary, rather than suitability, standard, which the Trump administration delayed before it could go into effect. 
  • Study: When It Comes to Acquisitions, Prestigious Firms Aren't Picky

    By:
    Chris Gaetano
    |
    Apr 24, 2017
    While an acquisition can be a fraught process requiring a great deal of discretion, a recent study has found that companies with high public prestige are a little more cavalier with their acquisitions, being more inclined to pick up all kinds of companies, even ones in completely unrelated markets. 
  • AICPA Releases Proposed Auditing Standards for ERISA Employee Benefit Plans

    By:
    Chris Gaetano
    |
    Apr 21, 2017
    The AICPA has released an exposure draft outlining proposed standards for audits of employee benefit plans subject to ERISA (Employee Retirement Income Security Act). 
  • World Gold Council Releases Proposed Guidance on Accounting for Gold

    By:
    Chris Gaetano
    |
    Apr 21, 2017
    The World Gold Council, an international market development organization for the gold industry, has released proposed guidance on accounting for gold. 
  • Republicans Ready for Round 2 on Obamacare Repeal Efforts

    By:
    Chris Gaetano
    |
    Apr 20, 2017
    Republicans are trying once again to repeal the Affordable Care Act and replace it with something more to their liking, with the hopes that a new, slightly tweaked proposal will close the rifts that made their first effort crash and burn.