Latest Articles

  • Study: CEOs Who Graduated During Boom Times Backdated Stock Options 30 Percent More

    By:
    Chris Gaetano
    |
    May 15, 2017
    A recent study has found that CEOs who graduated during economic boom times were 30 percent more likely to falsify the dates of their stock option grants than those who graduated in economically lean periods. 
  • CEO Charged With Not Disclosing Generous Perks to Shareholders

    By:
    Chris Gaetano
    |
    May 12, 2017
    The Securities and Exchange Commission has charged Miles Nadal, CEO and chairman of MDC Partners, with failing to disclose generous perks worth millions of dollars to shareholders as required by federal securities law. 
  • Account Takeover Fraud Jumped 31 Percent in One Year

    By:
    Chris Gaetano
    |
    May 12, 2017
    Account takeover fraud, where scammers pose as the account holder and immediately drain their money, has been on the rise lately, with incidents of such schemes rising 31 percent between 2015 and 2016. 
  • Sustainability Conference Takes Practical Bent to Responsible Business

    By:
    Chris Gaetano
    |
    May 12, 2017

    Now in its second year, the Foundation for Accounting Education’s (FAE) upcoming Sustainability Investment Leadership Conference is focused on turning theory into practice when it comes to sustainable business practices. Scheduled for May 17 at the New York Bar Association, the conference will feature a number of talks on how CPAs can apply processes like integrated reporting, supply chain management and other topics in corporate sustainability to their own practices. 

  • How Does Your Pay Compare To Your Peers?

    By:
    Chris Gaetano
    |
    May 11, 2017
    Accounting blog Going Concern is asking CPAs and other professionals to participate in their first annual Accounting Salary Survey, which is meant to shed light on industry trends and relevant benchmarks to give workers a leg up in evaluating how their pay stacks up with the industry as a whole and, potentially, in negotiating better job offers. 
  • FASB Releases Update on Accounting for Stock Compensation

    By:
    Chris Gaetano
    |
    May 11, 2017
    The Financial Accounting Standards Board released a new Accounting Standards Update on stock compensation. 
  • NYSSCPA Award Winners for 2017

    By:
    Chris Gaetano
    |
    May 11, 2017

    The NYSSCPA honors John L. Kearney with the Distinguished Service Award; Denise M. Stefano with the Dr. Emanuel Saxe Outstanding CPA in Education Award; and Edward J. Torres with the Outstanding CPA in Government Award. 

     

  • SEC Charges Former Staffer With Securities Fraud

    By:
    Chris Gaetano
    |
    May 10, 2017
    In an irony worthy of Sophocles, the Securities and Exchange Commission has charged a former staffer with using government resources to make unauthorized trades for himself, his mother and a childhood friend. 
  • Deloitte Leads in New Audit Clients

    By:
    Chris Gaetano
    |
    May 10, 2017
    Deloitte so far leads the pack in the number of new SEC-registered audit clients, picking up more than any other firm in the first quarter of 2017. 
  • Tech Promises Less Drudge Work, But Will New Recruits Have the Skills Firms Need?

    By:
    Chris Gaetano
    |
    May 9, 2017

    While the CPA profession is certainly no stranger to technological advance, innovations like blockchain technology and artificial intelligence, as well as the increasing automation of routine tasks, promise to radically reshape the industry. It is a change that will affect not only what kind of work firms do, but whom they will hire to do it, something that will be particularly important for recent graduates who are entering an increasingly tech-centered profession.