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Business executives who are also CPAs are becoming more cautious in their view of the U.S. economy and their own business’s growth prospects, according to a new survey. The dampened perspective comes after two consecutive quarters of exuberant optimism, according to the second-quarter AICPA Economic Outlook Survey, which polls CEOs, CFOs, controllers and other CPAs […]
San Francisco-based accounting firm Hood Strong LLP has elected Susan N. Malone as managing partner, the first woman to lead the firm in its 101-year history. Starting Friday, Malone will be succeeding Robert J. Raffo, who has led the firm for more than a decade. Malone will be the eighth managing partner at the firm, […]
Private sector employers added 178,000 jobs in May, according to payroll giant ADP, as the economy continued to grow in the wake of the new tax law. Small businesses added 38,000 jobs in May, including 15,000 at companies with between one and 19 employees, and 23,000 at businesses with between 20 and 49 employees. Midsized […]
Workiva has signed an original equipment manufacturer (OEM) agreement with SAP, allowing its enterprise cloud platform for data collaboration, reporting and compliance, Wdesk, to be bundled into SAP’s enterprise management platform. Through this agreement, Workiva will provide a first-party integration with the Wdesk platform using the SAP Cloud Platform Integration service. The bundled solutions are […]
XCM, which makes cloud-based workflow solutions, released several new products and product enhancements at its 2018 Xchange XCM user conference, held in Austin. XCM has updated its XCMscheduler, and released XCMapi and XCM Analytics as a Service, a new interactive visual data analytic service offering benchmark data and insights from XCMworkflow. The new version of […]
In his 2008 book, “Strategy and the Fat Smoker,” David Maister wrote that we often (or even usually) know what we should be doing in both our personal and professional life. We also know why we should be doing it and often how to do it. Figuring all that out is not too difficult. What […]
IT has moved from a back-office concern to a key component of a firm’s future success, says consultant Gale Crosley.
The shakeup at the Public Company Accounting Oversight Board continued with the announcement Tuesday that Claudius Modesti, director of the PCAOB’s Division of Enforcement and Investigations, will be leaving at the end of the month. Modesti served for 14 years at the PCAOB. He is the latest of a series of officials whose departures have […]
The Certified Financial Planner Board of Standards announced on Thursday that it will launch a new scholarship program with XY Planning Network, an organization dedicated to connecting fee-only financial advisors with Gen X and Gen Y clients. XYPN plans to cover the cost of the CFP exam for its approximately 660 members who do not […]
Samsonite International SA, the world’s largest branded-luggage maker, tumbled the most since 2012 after short-seller Blue Orca Capital questioned the company’s accounting and corporate governance. Samsonite concealed slowing growth with debt-funded acquisitions and inflated profit margins with dubious accounting linked to its takeovers, Blue Orca, founded by former Glaucus Research Group research director Soren Aandahl, […]
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