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FASB votes to finalize hedge accounting standard
(Accounting Today) - The board is wrapping up its financial instruments project by making hedging risks more transparent for investors.
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Finance staff general accounting duties level off
(Journal of Accountancy) - The percentage of company financial staff devoted to general accounting leveled off in 2017, according to a new report, but the reasons are uncertain.
Communicate With Staff for Greater Buy-In
(CPA Practice Advisor) - Today’s accountants want more insight regarding their roles and companies, but research indicates employers aren’t providing this information frequently enough.
76 Countries, But Not The U.S., Sign OECD BEPS Convention To Curb International Tax Avoidance
(Tax Prof) - Ministers and high-level officials from 76 countries and jurisdictions have signed today or formally expressed their intention to sign an innovative multilateral convention that will swiftly implement a series of tax treaty measures to update the existing network of bilateral tax treaties and reduce opportunities for tax avoidance by multinational enterprises.
Worst Taxes? Paying Someone Else's
(Forbes) - Paying taxes is rarely satisfying or something you look forward to. Besides, it is almost an article of faith that it is perfectly legal--and just plain smart--to arrange your affairs so you pay as little as possible.
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