Monday, December 6, 2021

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Global Tax Pact Nudges Accounting Rule-Setters Into Politics

The new 137-country agreement to overhaul global taxation could step up pressure on some groups that had nothing to do with it—the panels that set corporate accounting rules.

The agreement uses a company's income as measured under accounting rules, which is often different from its taxable income, as a key component of determining its tax bills.

Twitter: @BLaw
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NU offering accounting MBA | Web Extra | niagara-gazette.com

Niagara University's College of Business Administration is now accepting applications for its Distinguished Accounting Scholar Accelerated Degree (3+1) Program.

Students accepted into the program will benefit from the support of a faculty advisor and mentor, as well as a practicing accounting professional, who will guide them in their career options.

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Publisher: Niagara Gazette
Twitter: @NiagaraGazette
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Surprising tech skills in demand for accounting and finance | INTHEBLACK

Python is no longer just the preserve of programmers, nor is Agile only for project managers, as demand for accountancy and finance professionals who can sprint and code continues to run hot.

A new report from recruitment agency Robert Half and job market analytics firms Burning Glass , The Demand for Skilled Talent , analyses online job postings for finance and accountancy roles over the past five years. The findings are surprising. 

Date: E0969CD2C72954B3DA703FE2361E1537
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Accountants helping health providers cope with economic strains amid pandemic | Accounting Today

Accountants are coming to the aid of doctors and health care organizations who are dealing with not only the COVID-19 pandemic and its variants, but also with changing tax laws and accounting standards.

The ever-shifting rules and uncertainties around the Affordable Care Act, the CARES Act and the proposed Build Back Better Act, as well as supply chain shortages related to the pandemic, are causing pressures on health providers like never before.

Publisher: Accounting Today
Date: 2021-12-03T21:28:53.853
Author: https www accountingtoday com author michael cohn
Twitter: @AccountingToday
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UT hoopster is masterful on court; will soon hold master's degree in accounting

TAMPA, Fla. - Dori Nagy is attentive. Whether she’s in the middle of a drill or on the side of the court watching her teammates, her eyes are fixed on what’s in front of her.

The University of Tampa senior is in the middle of a wonderful season -- the Spartans women’s basketball team has won eight of their first 10 games and is currently ranked 14th in Division 2.

Publisher: FOX 13 Tampa Bay
Date: 2021-12-03
Author: Jeff Tewksbury
Twitter: @FOX13news
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SEC Tightens Accounting for "Spring-Loaded" Equity Awards | Bryan Cave Leighton Paisner - JDSupra

Spring-loading – awarding equity awards before announcing material good news – was in the headlines 15 years ago but still surfaces on occasion, notably when in July 2020 Kodak made large grants to executives the day before a major announcement .

During the height of the option backdating scandals in 2006, the SEC chief accountant issued guidance on measurement dates and compensation expense, including an explicit direction to use “unadjusted” stock prices, without regard to any material nonpublic information:

Publisher: JD Supra
Twitter: @jdsupra
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Accounting for Style #11 - Long term broke student finally has money - The Mancunion

Accounting for Style is a series at the Mancunion Fashion & Beauty section, in which anonymous Manchester students track all of their fashion and beauty purchases over the period of a month.

Fashion spending habits: Honestly, I don't really buy clothes as often as I used to. I try my best to limit myself now. I want to say I'm that woman who always shops at sustainable brands and doesn't fuel awful fast fashion companies, but truth be told, I'm not.

Publisher: The Mancunion
Date: 2021-12-05T19:02:31 00:00
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SEC Focus on ESG Risk Internal Accounting Controls

In particular, Commissioner Crenshaw highlighted "a few specific ESG risks where internal corporate accounting controls plays a critical role.

Overall, Commissioner Crenshaw emphasized that "[n]o matter where public companies come out on these topics--or how they assess climate risk risk--[she] would like to understand the underlying internal accounting controls that guide decision making ." (emphasis added).

Publisher: The National Law Review
Date: 5493B547C0AB527FF4CF8C4D0127302A
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