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Did your e-mail system distort this news wire? Click here to see the wire online.
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This Week's News |
Contentment Doesn't Breed Confidence Among Accounting & Finance Professionals
PCAOB Drafts Rewrites to AS2; Senior Administrators Moving On
Examining the Financial Health of America's Pastime
New FASB Exposure Drafts Address Not-for-Profit Accounting, Usability Issues
Accounting Rules Allow "Spring-loading," "Bullet-dodging" Option Grants
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Product Offer |
All States
Quickfinder® Handbook
Don't spend hours this year researching and downloading state instructions over the Internet for clients with out-of-state returns! The All States Quickfinder Handbook provides quick access to over 500 pages of individual tax info for all states.
The All States Quickfinder Handbook contains a complete, concise and consistent summary of instructions for filling out state individual income tax returns for all fifty states and the District of Columbia. Topics are presented in a consistent format, making it easy to find information regardless of the state.
Like all Quickfinder Handbooks, the All States uses clear language and presents information in an easy-to-use, tabbed format.
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EXECUTIVE COMPENSATION IN DEPTH |
Executive compensation is a hot topic, especially for anyone
whose paycheck hasn't risen by 14,000 percent in a single year.
Several studies have recently attempted to explain the mechanics
and effects of executive compensation to non-executives. Rather
than exploring why executive compensation is so high, these
studies examine CEO compensation in terms of final effects.
Sehat Sutardja, CEO of the Marvell Technology Group Limited, saw
the largest increase in compensation in 2005, according to
Reuters. Sutardja might have had the largest percent growth in
total pay, while Barry Diller, CEO of IAC/InterActiveCorp, was
found to be the highest paid CEO in 2005 in the Corporate Library
study. Diller received 100 percent of all his stock options, to
reach a total compensation of $295 million, according to Reuters,
and 98 percent of Diller's compensation came from stock option
profits.
Another study, completed by the Marshall School of Business at
the University of Southern California and the executive search
firm of Heidrick & Struggles, finds that executives justify their
huge compensation packages because of a supposed shortage of CEO
talent. In the Marshall Business School/Heidrick & Struggles
study, released last week, 38 percent of corporate board
directors think that most CEOs are overpaid.
For more on these and other examinations of executive
compensation visit: "U.S. CEO Compensation: Abuse or Reward?",
Click Here.
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STATE BUSINESS TAX CLIMATES |
Wyoming has the best state tax climate, according to the Tax
Foundation's 2007 State Business Tax Climate Index (SBTCI). Rhode
Island has the worst.
Find out why and where your state business climate ranks,
Click Here.
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October 12, 2006
Something to think about:
The inner fire is the most important thing mankind possesses.
-- Edith Sodergran
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