Latest Articles

  • Union Filed Complaint Against AT&T for Info on How Company Will Use Tax Windfall

    By:
    Chris Gaetano
    |
    May 16, 2018
    AT&T has become the subject of a complaint by the Communication Workers of America, a union that represents the contracts for over 14,000 workers at the company, seeking disclosure of how exactly the telecom giant will spend its multi-billion windfall generated by the recently enacted Tax Cuts and Jobs Act. 
  • SEC Charges Four in Scheme to Artificially Gin Up Demand for Stock

    By:
    Chris Gaetano
    |
    May 16, 2018
    While it seemed that demand for stock in the company Biozoom was really taking off, the SEC said this rise was due to manipulation from four individuals who traded shares among each other in order to pump up demand and, incidentally, the value of their investments. 
  • Regulatory Roundup: May 9-15

    By:
    Chris Gaetano
    |
    May 15, 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. 
  • FASB Board Member Harold Monk Steps Down

    By:
    Chris Gaetano
    |
    May 15, 2018
    Harold Monk, who was appointed to the Financial Accounting Standards Board (FASB) in November 2016 and officially joined the board on Jan. 1, 2017, said he will be resigning from his post at the end of this month. 
  • IFRS Foundation Releases Annual Report

    By:
    Chris Gaetano
    |
    May 15, 2018
    The IFRS Foundation, which oversees the development and implementation of International Financial Reporting Standards (IFRS), has released its annual report, which goes over the progress of the foundation's goals, as well as its financial position. 
  • Caryn E. Kauffman Named SEC Chief Financial Officer

    By:
    Chris Gaetano
    |
    May 15, 2018
    The SEC has named Caryn E. Kauffman, a CPA, as its new chief financial officer. 
  • Society Supports Bill Eliminating CPE Exemption for Newly Licensed CPAs

    By:
    Chris Gaetano
    |
    May 15, 2018

    In an effort to ensure newly licensed CPAs remain competent in new and emerging skill sets clients and employers have come to expect in the age of blockchain and artificial intelligence, the NYSSCPA is supporting a bill that would require newly licensed CPAs in New York to earn up to 120 credit hours of continuing professional education during the first three years of licensure.  

  • NY Proposals Seek to Ease Burden of SALT Caps, Other Limits

    By:
    Chris Gaetano
    |
    May 14, 2018
    While the Tax Cuts and Jobs Act (TCJA) concerns only federal policies, the size and scope of its provisions are having complicating effects on state-level tax planning, as well.
  • More Than Half of Identity Theft is Non-Digital

    By:
    Chris Gaetano
    |
    May 14, 2018
    While identity theft is most often associated with cyber intrusions, a recent report says that the majority of data thefts actually come from the analog world. 
  • Study: In Business Pitches, Men and Women Tend to Receive Different Types of Questions

    By:
    Chris Gaetano
    |
    May 14, 2018
    A recently published study by the Academy of Management found that, when it comes to pitching a business, men and women tend to receive different types of questions that, while not deliberate, have the effect of making it seem like women are on the defense while men are on the offense.