Accounting

2012 Gifts 1  56707d9a2fad6

December 15, 2016 

Gift-Giving Tips for Managers

The holiday season is the perfect time for managers to express their appreciation for the hard work their employees have done over the past year. If you don't have a policy on managers handing out holiday gifts, follow these guidelines to keep morale inta

 Average Household Credit Card Debt Passes $16,000

December 15, 2016 

Average Household Credit Card Debt Passes $16,000

U.S. consumers now owe $12.35 trillion in total debt, and the average household with a credit balance owes $16,061 on its cards alone, according to NerdWallet’s Annual American Household Credit Card Debt Study. Credit card debt is one of the most expensive types of debt, and consumers who carry it pay an average of $1,292...…

 Businesses Turn to Cyber Insurance After Recent Breaches

December 15, 2016 

Businesses Turn to Cyber Insurance After Recent Breaches

U.S. insurers are becoming more skilled at underwriting and pricing stand-alone cyber insurance policies as businesses show a greater interest in protecting themselves from data breaches and attacks, according to the Insurance Information Institute.

GrowthImage1

December 15, 2016 

Most Small Businesses Expect Growth in 2017

Despite overall positive findings, the survey did uncover a disparity in plans for growth between men- and women-owned businesses. Among women owners, a quarter have no growth plans. At men-owned businesses, the figure is just 11 percent.

GoDaddyLogo 1  5852bec0dad24

December 15, 2016 

GoDaddy Adds Apple Pay Functionality and Mobile Features

With Apple Pay, shoppers can complete purchases from their iPhones in a tap without having to type in any credit card information. As with all Apple Pay transactions, card details are encrypted end to end, giving consumers a safe way to make purchases.

Ransomware 1  5797916bd77cf

December 14, 2016 

Businesses More likely to Pay Ransomware than Consumers

70 percent of businesses infected with ransomware have paid ransom to regain access to business data and systems, according to a new study from IBM Security. In comparison, over 50 percent of consumers surveyed said they would not pay to regain access...

 FASB Issues Changes to Accounting Guidance

December 14, 2016 

FASB Issues Changes to Accounting Guidance

The amendments in the ASU apply to all reporting organizations—including public companies, private companies, and not-for-profit organizations—within the scope of the affected accounting guidance. For that reason, reporting organizations should review...

2012 Gifts 1  56707d9a2fad6

December 14, 2016 

Retailers Increase Imports as Holiday Shopping Continues

Imports at the nation’s major retail container ports are expected to be up 3.2 percent this month over the same time last year as stores bring in the last of the merchandise for the holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “There’s...…

 New Lease Accounting Standards Have Finance Depts Working Overtime

December 13, 2016 

New Lease Accounting Standards Have Finance Depts Working Overtime

In some sectors, respondents expect to spend considerably more time and effort on lease accounting implementation. These sectors include: automotive (77.1 percent); health plans (65.9 percent); health care providers (62.8 percent); industrial products ...