January 25, 2022
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Top Story
Security agencies in the US and the UK are warning companies to prepare for cyberthreats at a time when Ukraine has been the target of cyberattacks. Eleven strategies can help.
Full Story: ZDNet (1/24) 
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Financial Focus
Retired Medicare recipients who reenter the workforce should consider various rules if they want to join an employer-sponsored health plan. The situation might vary based on the size of the employer.
Full Story: CNBC (1/24) 
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A person's life and the economy have many unpredictable factors, and it is better for financial planning efforts to acknowledge these complexities, rather than striving for an unrealistic sense of certainty.
Full Story: Forbes (tiered subscription model) (1/23) 
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Tax Spotlight
Final and proposed regulations cover passive foreign investment company and controlled foreign corporation stock held through domestic partnerships and S corporations.
Full Story: Journal of Accountancy (1/24) 
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Leadership
A lack of empathy from leaders can encourage employees to resign. Here are three suggestions for managers to better connect with employees, including devoting time during meetings to learn how employees are doing.
Full Story: Entrepreneur (1/23) 
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Pressure from the pandemic is causing many leaders to spend large parts of their workday either feeling burned out or facing negative emotions. However, it's possible to shift into a more positive mode by avoiding harsh self-judgment and by working to improve the experience of others.
Full Story: Harvard Business Review (tiered subscription model) (1/24) 
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Technology
A software update disables Excel 4.0 macros by default as Microsoft looks to help customers mitigate cyberrisk. Malware groups have used the macros as part of infection strategies.
Full Story: ZDNet (1/24) 
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Strategic Focus
Working to advance diversity, equity and inclusion can improve financial results and can solve talent challenges in the pandemic environment.
Full Story: FM (1/24) 
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Policy & Regulatory
The Securities and Exchange Commission is exploring expansion of cybersecurity rules to include a broader range of organizations, Chair Gary Gensler says.
Full Story: Reuters (1/24),  The Wall Street Journal (1/24),  BNN Bloomberg (Canada) (1/24) 
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Market Update
Bank of America strategists expect use of stablecoins to grow and the US to issue a central bank digital currency between 2025 and 2030.
Full Story: BNN Bloomberg (Canada) (1/24) 
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AICPA News
Now open: 2022-2023 AICPA Legacy Scholarship opportunities
Know any accounting students and want to support them on the path to CPA? Encourage them to apply for the AICPA Legacy Scholarships by March 1. Qualified students can receive up to $10,000 in funds to help with their tuition.
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Tomorrow: Our virtual 2022 PFP Summit
As a PFP Section member, you get a discount on "Flourishing in the Wake of Change," this year's PFP Summit theme. Join us tomorrow at 1 p.m. ET as we inspire forward-looking discussions on how we will work post-COVID and share leading practitioner insights. Get 2.5 hours of CPE.
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The score never interested me, only the game.
Mae West,
actor, playwright, screenwriter, singer
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About the Association of International Certified Professional Accountants, and AICPA & CIMA
The Association of International Certified Professional Accountants® (the Association), representing AICPA® & CIMA®, advances the global accounting and finance profession through its work on behalf of 650,000 members and students in 179 countries and territories. Building on the strength and rich legacy of both membership bodies, AICPA & CIMA driven by the Association, lead on management and public accounting issues through advocacy, specialized credentials, continuing professional education, conferences and thought leadership.
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