Twenty-three percent of employees experience burnout at work very often or always, according to a Gallup study, and separate research indicates burnout adds billions of dollars yearly to health care spending. Here are five suggestions for avoiding burnout.
The new "Hosting Services" interpretation in the AICPA Code of Professional Conduct's "Independence Rule" will take effect July 1, 2019, rather than Sept. 1, 2018. Under the interpretation, a CPA's independence is impaired when the CPA takes responsibility for hosting an attest client's data or records.
A study based on data from the Consumer Bankruptcy Project finds the number of bankruptcies among Americans ages 65 to 74 is on the rise, partly because of increased health care costs, support of adult children and reduced availability of pension funds. Advisers weigh in on how retirees can avoid bankruptcy.
Many leaders lack self-awareness, but having a strong team can help them to correct this weakness. Set the stage for candid feedback by assuming positive intent, avoiding gossip and showing concern for the success of others.
The US economy should continue to grow quickly in 2018 before slowing down next year, according to the Congressional Budget Office. Real GDP should total 3.1% this year before cooling to 2.4% in 2019, the CBO said.
Mergers and acquisitions are faltering as gross margins of Chinese companies are undercut by the US-Chinese trade conflict, industry participants say. Inbound investment financing for M&A fell 20% in the first half of 2018 compared with the second half of 2017, according to Dealogic.
American Institute of CPAs
(AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, not-for-profit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination and offers credentials for a number of specialized areas. With The Chartered Institute of Management Accountants (CIMA), it offers the Chartered Global Management Accountant (CGMA) designation, which sets the global benchmark for quality and recognition in management accounting.