02/03/2012 - 14:44 - 239 reads
The entire financial crisis of 2008 was about credit and confidence, and the same holds true today. That was the message delivered by the former general counsel of Lehman Brothers, Kevin Genirs, during his keynote address February 1, 2012, at the LegalTech® conference in New York City.
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01/30/2012 - 18:20 - 526 reads
Is the economy getting better or worse? It depends on who you ask. Two recent polls show that Americans are beginning to feel a bit better about the economy, but CEOs are feeling gloomy. For the first time in almost a year, more Americans say the economy is getting better than those who say it’s getting worse.
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01/30/2012 - 17:23 - 665 reads
On January 23, the remaining contenders for the GOP presidential nomination hit the ground running in Tampa. Romney and Gingrich dominated the debate and traded barbs over character and electability. But, despite the fireworks, core issues – tax reform, deregulation, and economic growth – were discussed.
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12/16/2011 - 13:02 - 1126 reads
AICPA Business and Industry Economic Outlook Survey measured nine components
All nine components showed modest improvement in the fourth quarter
Survey revealed increased optimism that the US economy will improve in 2012
AICPA Webcast, "Looking Ahead to 2012: Progress of Paralysis?" covering the survey to be made available
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11/18/2011 - 12:09 - 1980 reads
There remains a lingering lack confidence in the resilience of many Cloud solutions. The CIO must look at moving the Cloud computing discussion past technology and economics and onto the major benefits such as business agility, time to market, and competitive positioning
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11/02/2011 - 12:19 - 1661 reads
Chief financial officers surveyed recently forecast an increase in hiring during the fourth quarter of 2011.
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11/02/2011 - 11:29 - 1163 reads
Speaking at the AICPA/IFRS Foundation Conference on International Financial Reporting Standards in Boston recently, Jerry de St. Paer, executive chair, Group of North American Insurance Enterprises (GNAIE), said the current proposals and timelines advanced by the International Accounting Standards Board (IASB) contain fatal flaws.
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11/02/2011 - 11:18 - 758 reads
The new Consumer Financial Protection Bureau (CFBP) is experiencing some "technical problems" in its infancy.
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09/16/2011 - 18:15 - 1693 reads
Panelists in a recent AICPA Webcast were invited to take a close look at the pessimistic conclusions of the CPA Outlook Index for the third quarter, and consider what it could mean for CPAs and their clients.
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09/13/2011 - 11:47 - 1764 reads
The outlook for the U.S. economy turned negative in the third quarter for the first time since 2009 as prospects for recovery waned and concerns about a second recession rose.
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09/13/2011 - 11:37 - 3882 reads -
Manufacturers are anticipating a surge of skill shortage as the Baby Boomers retire. Most of those surveyed have current job openings and are encouraging older workers to stay on the job.
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08/31/2011 - 22:02 - 2590 reads
If your business clients need extra help, you might suggest they hire their teenage children to pitch in after school or on weekends. This strategy may result in tax savings and other potential benefits if the children are treated as official employees.
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08/30/2011 - 11:42 - 2967 reads
Forward-thinking leaders learn to harness complexity to their advantage. They take processes with many distinctive parts and integrate each element into a smoothly functioning whole.
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08/18/2011 - 11:13 - 4728 reads
For all those private companies frustrated with being forced to spend $25,000 on a valuation of intangible property or goodwill, or spending hours drafting disclosures that users may not read, or being burdened with a myriad of other financial reporting responsibilities, there may be some relief on the way.
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08/08/2011 - 18:14 - 1885 reads
Trust is a vital element of business, yet it's difficult to measure and often gets overlooked. Two research groups have devised their own rating systems to determine which companies are most trustworthy.
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07/14/2011 - 02:05 - 1797 reads
The Securities and Exchange Commission (SEC), which is responsible for accounting standards in the U.S. and for the protection of investors, has said it will decide by the end of this year whether to adopt International Financial Reporting Standards (IFRS) for U.S. public companies.
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05/19/2011 - 14:00 - 2018 reads
Grant Thornton LLP, in a survey of more than 300 CFOs and senior comptrollers, reported that 48 percent say the economy should improve over the next six months, but 66 percent of the respondents say they will raise prices.
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05/12/2011 - 12:25 - 2103 reads
Recent survey results show accounting and finance pros paint a depressing picture of the U.S. economy including 70 percent who lack confidence in the strength of the economy.
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05/12/2011 - 10:41 - 2498 reads
In a national biannual survey of U.S. Chief Financial Officers and senior comptrollers conducted by Grant Thornton LLP, 54% of respondents say the best way to reduce the U.S. federal deficit is to reduce spending.
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02/01/2011 - 11:55 - 3279 reads
Chief Financial Officers in the United States lead CFOs in Europe in optimism, access to credit, and plans for hiring new workers, according to a recent survey. Despite their differences, U.S. and European CFOs share some of the same business challenges and economic worries as they kick off 2011.
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