• Corporate Scandals Dog Execs Into Next Job, Even If They Had Nothing To Do With It

    By:
    Chris Gaetano
    |
    Sep 13, 2016
    Did you recently leave a company plagued by scandal? Regardless of whether you actually had anything to do with it, studies show that you'll take a roughly 10 percent pay cut at your next job regardless. 
  • Do You Have More Financial Smarts Than 56 Percent of Americans With A College Degree?

    By:
    Chris Gaetano
    |
    Sep 13, 2016
    Over the years, George Washington University has tracked how much Americans know about basic finance by asking three simple questions that intelligent readers such as yourself would find trivially easy. However, they have found that only 44 percent of college educated Americans can get all three answers right. 
  • Revived Banking Committee sets new agenda

    By:
    Chris Gaetano
    |
    Sep 13, 2016

    The NYSSCPA’s Banking Committee is preparing for a flurry of new activity after a period of dormancy, which presents members with more networking opportunities with non-CPA associate members in the banking industry.

  • "Crazy" Eddie Antar Dies At 68

    By:
    Chris Gaetano
    |
    Sep 12, 2016
    Eddie Antar, also known as "Crazy Eddie," who ran a retail electronics chain revealed to later be propped up by fraud, has died on Saturday at 68 years old, 
  • SEC Says Bank Turned Blind Eye To Fraud, Settles For $1.6 Million

    By:
    Chris Gaetano
    |
    Sep 12, 2016
    The Securities and Exchange Commission faulted a subsidiary of an Oklahoma-based banking association for allegedly turning a blind eye to fraudulent bond offerings being offered to investors. 
  • Wells Fargo Fined For Creating Millions Of Fake Accounts

    By:
    Chris Gaetano
    |
    Sep 9, 2016
    The Consumer Financial Protection Bureau fined bank Wells Fargo $185 million for signing up millions of customers for deposit and credit card accounts without their knowledge or consent in order to meet sales goals. 
  • House To Go Forward With Koskinen Impeachment

    By:
    Chris Gaetano
    |
    Sep 9, 2016
    Speaker of the House Paul Ryan said that the House will proceed to a vote on whether to impeach IRS Commissioner John Koskinen, as the measure's supporters passed a privileged resolution allowing them to bypass traditional means of attaining a floor vote. 
  • Study: CEOs May Affect Who Workers Vote For, Donate To

    By:
    Chris Gaetano
    |
    Sep 8, 2016
    A recent study has found that a CEO's choice in who to support in a political campaign influences who their workers support as well, with researchers discovering strong correlations with campaign contributions and voter turnout. 
  • Poll: Business People Gotta Write More Betterer

    By:
    Chris Gaetano
    |
    Sep 8, 2016
    An poll of 547 business people in the first quarter of the year has found that about 25 hours a week is spent reading material from other business people, mostly emails, and 81 percent say that a lot of time is wasted because it's just not written well. 
  • Study: The More CEO Paid, The Less Workers Like Them

    By:
    Chris Gaetano
    |
    Sep 8, 2016
    A recent study has discovered CEO pay and employee approval have an inverse relationship, though this can be overcome through company culture. 
  • Why Job Interviews Are Bad At Screening For Jerks

    By:
    Chris Gaetano
    |
    Sep 7, 2016
    The interview with the new job candidate went great, but within just a few months on the job, they start revealing a whole other side of themselves, one that may not necessarily be conducive to a harmonious office. Bluntly: they're a jerk. How did you miss this during the interview? An article in FastCompany offers a few explanations. 
  • Study: Revenge Can Curb Bullying Bosses, But Must Be Precise To Be Effective

    By:
    Chris Gaetano
    |
    Sep 6, 2016
    A recent study has found that when a boss gets too abusive, workers take revenge, but these actions don't end bullying behaviors unless they meet certain criteria.
  • Study Finds "Leaning In" Not Enough: Women Less Likely to Get Raises Even When They Ask

    By:
    Chris Gaetano
    |
    Sep 6, 2016
    A study of 4,600 workers across 800 companies has found that even when women ask for a raise they are 25 percent less likely to get one than a man. 
  • Five Simple Tips for Improving Readability in Financial Documents

    By:
    Chris Gaetano
    |
    Sep 2, 2016
    Whereby this is a post in a blog on the website of the New York State Society of Certified Public Accountants, notwithstanding anything to the contrary contained herein, we henceforth disclose that the New York Times has an editorial pleading for plain English in financial documents. 
  • Study: The More Execs Rely on Stock for Compensation, The More They Downplay Accounting Mistakes

    By:
    Chris Gaetano
    |
    Sep 2, 2016
    A recent study has found that the more stock-based compensation makes up an executive's pay, the more likely that executive will seek to downplay or obscure accounting mistakes. 
  • IRS Warns of "Wave of Attacks" Focused on Tax Professionals

    By:
    Chris Gaetano
    |
    Sep 2, 2016
    The IRS has warned that scammers have declared open season on tax professionals, and to be extra careful about network security. 
  • SEC Proposes Requiring Hyperlinks in Filings

    By:
    Chris Gaetano
    |
    Sep 1, 2016
    The Securities and Exchange Commission is proposing requiring that reports subject to the exhibit requirements under Item 601 of Regulation S-K, or that file on Forms F-10 or 20-F have a link to each exhibit in the index, and that all such filings be written in HTML. 
  • #ThrowbackThursday: The First NYSSCPA Page Ever

    By:
    Chris Gaetano
    |
    Sep 1, 2016
    For those of you too young to remember, the Internet has not always been a thing. When it finally did, though, many organizations took their first tentative steps onto the information superhighway, including the NYSSCPA. 
  • How to Act in an Elevator: Tips From a Specialist

    By:
    Chris Gaetano
    |
    Aug 31, 2016
    Chances are you've been in your fair share of elevators. But did you know there's actually etiquette protocols for proper elevator behavior? Turns out the five to ten seconds you're waiting to get to your floor is a minefield of potential faux pas, but luckily there's a researcher who has spent a great deal of time thinking about proper elevator behavior who's written some helpful hints. 
  • SEC Whistleblower Awards Reaches $100 Million to Date

    By:
    Chris Gaetano
    |
    Aug 31, 2016
    The Securities and Exchange Commission (SEC) awarded an unnamed whistleblower $22 million for uncovering fraud at their company, putting the total amount of awards since the program started in 2011 at $100 million. 

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