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The House just passed a bill that affects overtime pay (CNN) - The measure, backed by Republicans, would let employers give workers paid time off instead of time-and-a-half pay the next time they put in extra hours. ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES Groups protest weakening of Sarbanes-Oxley in Financial Choice Act (Accounting Today) - The Center for Audit Quality, the Council of Institutional Investors and CFA Institute have written a joint letter to the leaders of the House Financial Services Committee objecting to legislation that would weaken some key provisions of the Sarbanes-Oxley Act and the Dodd-Frank Act. Trump Considers Raising Gas Tax To Pay For Infrastructure (Forbes) - President Donald Trump continued to talk taxes this week and offered a new twist: he is considering a boost to the U.S. gas tax. How Much Does the Skills Gap Cost Businesses? (CPA Practice Advisor) - It's one of today's most vexing economic puzzles: Why can't employers find workers to fill their positions when approximately 7.5 million1 Americans are unemployed, and millions more are working part-time because they can't find full-time positions or have given up looking for work altogether? Overtime and stress are common during month-end close processes (Journal of Accountancy) - Automation has helped improve the efficiency and accuracy of the month-end close, but finance departments still feel pressure to close the books faster. Accounting/Audit | TOP 5 MOST READ
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