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FASB issues standard on classification of cash payments and receipts (Journal of Accountancy) - Concerns over divergent practices for reporting on the statement of cash flows led to FASB's issuance of a new standard for presenting and classifying certain cash payments and cash receipts. ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES Are You Ready for the New Overtime Laws? (US News) - On Dec. 1, a major change to U.S. overtime laws will go into effect â and might result in changes in your paycheck and your work schedule. Here are answers to some common questions about it. Halloween Taxation Tricks and Treats Halloween has become big business in the past several years. USA Today reported that per the National Retail Federation, folks in the U.S. will spend over $8 billion on Halloween or almost $83 per shopper! Internal Auditors Confront Ethical Pressures (Accounting Today) - Nearly one out of four internal auditors around the world face pressures to either suppress or change their audit findings, according to a new report. The Worst Excuses for Calling in Sick (CPA Practice Advisor) - While calling in sick, when you are feeling just fine, is not a new phenomenon in the office, slightly less workers say they have done it over the last 12 months, according to a new CareerBuilder survey. Taxation Accounting/Audit | TOP 5 MOST READ TOOLS OF THE TRADE e-BREAKS  How It Should Have Ended   |