Companies aren't nearly done tightening their belts as the economy slows down. Many are cutting back on vendor services or considering switching to other vendors. The obvious upsides to this approach is cost-savings and better goods and services. The downside:…
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Believe it or not, more than 80% of workers like their employers' Paid Time Off (PTO) packages. But that doesn't stop a surprising percentage of workers from abusing it. Thirty-seven percent of Millennials (workers in their late 20s, 30s and…
Businesses are looking for competent number-crunchers. Some are even desperate to find talent. But the next wave of finance professionals is in short demand. And the reason is pretty simple ... ... accountants are being paid too little to meet…
That familiar voice on the phone? Could be a deepfake. The face you've seen a thousand times in meetings? Don't assume it's the real person talking to you on a video call. Cyber criminals are perfecting new scams using AI,…
How did a diversity, equity and inclusion (DEI) program manager defraud Facebook and Nike of more than $5 million? With the help of crooked relatives and friends, as it turns out. Former DEI program manager Barbara Furlow-Smiles was sentenced to…
The Financial Accounting Standards Board (FASB) is taking a scalpel to its still-in-the-works expense reporting standard. If and when the board finalizes the standard, manufacturers and warehouses will likely catch a break. FASB is now open to excluding manufacturing and…
Heads up: Accountants will no longer enjoy a 45-day grace period to file financial reports after completing an audit. The Public Company Accounting Oversight Board (PCAOB) is shortening the two-decades-old filing deadline to 14 days after an audit is officially wrapped…
You can't be too careful out there! Fraud is a risk in every area of finance -- even the auditor hired to analyze data and file truthful reports may be cutting corners. The Securities and Exchange Commission (SEC) charged a…
The Biden administration slipped through four environmental rules designed to put the coal industry out of business. One of the rules mandates power plants capture carbon dioxide before it escapes into the atmosphere and store the greenhouse gas underground. The…
Jensen Huang, co-founder and CEO of Nvidia, is a certified genius and extreme workaholic in the same mold as Elon Musk. Huang was destined to succeed wildly in whatever career path he followed. Yet would Nvidia boast a $2.2 trillion…
The IRS is about to put all of the the funding, personnel and technology advantages it now enjoys to use. Count on an upswing in audits of wealthy companies as well as owners and investors who run afoul of tax…
Studies show employees miss a couple of days of work every year due to stress. Then there are the folks who come into work anyway but are too stressed to be as effective as they normally are. If a staffer…
