How to lay the foundation for tough conversations

September 23rd, 2016  // News

Laying the proper groundwork can make the job easier when it comes to having difficult conversations at work. Taking time to build relationships with employees, establishing clear expectations and providing relevant training will pay dividends when you need to discuss a sensitive topic, experts say. Read more

The problems with a 4-day workweek

September 22nd, 2016  // News

Moving to a four-day workweek may backfire for both employees and employers. The shift could increase injury risk for workers in industrial jobs, and people who work long hours may have a harder time making the right judgment calls. Read more

Some high-income individuals struggle to save

September 21st, 2016  // News

Eighteen percent of people with incomes between $100,000 and $149,999 have nothing saved, and nearly 50% of them have less than $1,000 saved, according to a GoBankingRates survey. Meanwhile, 6% of people who make more than $150,000 have nothing saved. Read more

Robots move into the corporate finance function

September 20th, 2016  // News

Robotic-process automation is finding its way into the finance department and other parts of the corporate environment as a way to handle certain standardized tasks. Robots can work around the clock and are very accurate. Read more

A new path for CPAs in cyberrisk management

September 19th, 2016  // News

Two proposals issued Monday would create guidance for management in designing and describing its cybersecurity risk management program -- and would pave the way for creation of a new "cybersecurity examination" engagement by public accounting firms. Read more

CPA firms struggling with succession

September 16th, 2016  // News

As baby boomer partners reach retirement age, they are having difficulty delegating work to staff members and developing leaders to replace them. Some leaders say staff members aren't ready for important tasks. Read more

Companies shift health care costs to workers amid modest premium increases

September 15th, 2016  // News

Employer-sponsored health care policies saw annual family premiums climb an average of 3% this year, according to a Kaiser Family Foundation analysis. Despite the moderate premium growth, workers are paying more for coverage as deductibles rise and companies shift costs to employees. Read more

Median household income rose sharply in 2015

September 14th, 2016  // News

Median inflation-adjusted household income climbed 5.2% to reach $56,516 last year, the largest percentage increase since records were first kept in the 1960s. The poverty rate fell 1.2 percentage points, according to the Census Bureau. Read more

How experts can communicate with a general audience

September 13th, 2016  // News

Subject matter experts speaking before a general audience need to ensure their message isn't obscured by the use of specialized terms and acronyms specific to the industry. Use metaphors to help the audience understand, and stick to your core message rather than bogging down your presentation with too much information. Read more

Help clients get an early start on saving for college

September 12th, 2016  // News

Saving for college is a concern for many Americans. Anticipating costs and type of educational institution, and determining how to accomplish it all while still meeting other financial goals, may seem daunting. Learn how CPAs can help their clients tackle this challenging task and come up with an actionable plan. Read more

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