A&A news October 2010

A&A

Treasury announces financial stabilization investments of $570 million

To provide support to banks, thrifts, and credit unions that lend to small businesses and families in underserved communities, the U.S. Department of the Treasury recently announced the completion of funding under its Community Development Capital Initiative.
A&A

AICPA supports separate standards board for private companies

In a statement issued in advance of a meeting of the Blue Ribbon Panel on private company standards setting, panel member Barry Melancon said he expected the panel to recommend a new model of financial reporting that will generate different standards for private companies.
Education & Careers

CFOs cite integrity as most important trait for future leaders

A strong moral compass can give high-potential managers a leg up the career ladder, according to the results of a recent survey.
A&A

SBA releases final women-owned small business rule

With the publication recently of a final rule in the Federal Register, the U.S. Small Business Administration will begin implementation of its women-owned small business (WOSB) contracting program. The agency expects the program to be available for WOSBs in early 2011.
A&A

Prepaid debit cards: Even the IRS wants to use them

Consumers nervous about debt now are using debit cards more than credit cards, and that trend may continue as people become more aware of the costs of credit cards.

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