Latest Articles

  • Study: Shorter Reporting Periods Encourages "Managerial Myopia"

    By:
    Chris Gaetano
    |
    Jan 24, 2018
    A recent study has found that while there may be advantages to a quarterly reporting cycle, such as decreased capital costs, it does so at the expense of creating a "managerial myopia" where short-term results are prioritized over long-term investments. 
  • Bill to Keep Govt. Funded Delays Three Obamacare Provisions

    By:
    Chris Gaetano
    |
    Jan 24, 2018
    The continuing resolution to fund the government, the signing of which officially ended the brief government shutdown over the weekend, contains language that delays three parts of the Affordable Care Act that hadn't yet kicked in. 
  • Average American Credit Card Debt: $6,375

    By:
    Chris Gaetano
    |
    Jan 23, 2018
    A new report from credit reporting firm Experian says that the average American has a credit card balance of $6,375. 
  • Former KPMG Partners, PCAOB Staffers, Charged with Conspiracy

    By:
    Chris Gaetano
    |
    Jan 23, 2018
    Three former partners at KPMG, along with two former PCAOB staff members, were charged with conspiracy and wire fraud concerning a scheme involving the use of confidential PCAOB documents to improve the firm's inspection results. 
  • Regulatory Roundup: Jan. 17-23

    By:
    Chris Gaetano
    |
    Jan 23, 2018
    With so many regulators out there, it can be tough to keep track of all the decisions being made. This is the NYSSCPA’s regular series that collects relevant regulatory ​​announcements from the past week, and puts them in one place to help you stay on top of the issues.
  • Gov. Cuomo’s New Budget Includes Support for Non-CPA Firm Ownership

    By:
    Ruth Singleton
    |
    Jan 23, 2018
    Gov. Andrew Cuomo’s executive budget for fiscal year 2019, released on Jan. 16, includes a proposed bill and statement in support of non-CPA ownership of accounting firms in New York State.
  • NYS Senate Approves Bill Decoupling State from Federal Tax Code

    By:
    Chris Gaetano
    |
    Jan 23, 2018
    The New York State Senate passed a bill that decouples state tax law from the federal changes that were approved as part of the Republican tax bill which passed in December. 
  • Study: "Hey" "Hi" and "Hello" Best Ways to Start Email If You Want a Response

    By:
    Chris Gaetano
    |
    Jan 22, 2018
    A study of 300,000 email threads and their response rates found that opening an email with "Hey," "Hi," or "Hello" increased the chance of a reply over other possible greetings. 
  • Treasury Dept. Outlines IRS Contingency in Case of Extended Shutdown

    By:
    Chris Gaetano
    |
    Jan 22, 2018
    The Treasury Department has released a document outlining its contingency plan for the IRS should the government shutdown, now in its third day, for an extended period of time. 
  • Speakers: Nonprofit CFOs Must Look Beyond the Spreadsheet

    By:
    Chris Gaetano
    |
    Jan 19, 2018
    The role of the nonprofit CFO has evolved well past simple debits and credits and if the modern finance chief wants their organization to be successful, they will need to expand their skill sets towards communications and leadership.