News

A proposal issued Monday by the Federal Accounting Standards Advisory Board would require federal lessees to recognize a lease liability and a leased asset at the beginning of a lease, unless it is an intragovernmental or short-term lease.

On a national level, a family needs a minimum of $389,436 in earnings to be in the top 1%, but this number varies significantly from place to place. It takes an income of $2.2 million to be in the top […]

This formula for paying for your child’s college education involves saving a quarter of the money while your child grows up and paying for the rest out of current income and by borrowing money.

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 […]

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.

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.

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.

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.

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.