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SourceMedia News

News on SourceMedia continually updated from thousands of sources around the net.

24 min ago | WebCPA

Hertz Says Results to Miss Forecasts Amid Accounting Review

Hertz Global Holdings Inc. said full-year results will miss the low end of its forecast because of challenges including industrywide vehicle recalls which prevented it from meeting demand and costs related to an accounting review.

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Related Topix: Transportation, Hertz Global, Leasing, Dollar Thrifty Automotive Group

4 hrs ago | WebCPA

IRS Chooses Wolters Kluwer CCH for Taxability Tables

For the 10th consecutive year, the Internal Revenue Service has chosen Wolters Kluwer, CCH, to deliver sales tax rate and taxability tables to help millions across the country prepare their tax returns.

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Related Topix: Tax

8 hrs ago | American Banker

Wells Fargo Launches 'Boot Camp' for Fintech Startups

SourceMedia's Partner Insights program enables marketers to deliver relevant content and insights directly to the American Banker audience via SourceMedia's digital media platforms.

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12 hrs ago | Financial Planning

Former Raymond James Advisor Joins Small Regional Firm

Why Clients Need Help With Family Governance Many clients don't know this area of expertise exists, but they know they need help with it, says Paul Pagnato, whose Pagnato-Karp Group works with UHNW families.

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Tue Aug 19, 2014

WebCPA

FAF Review Gives Thumbs-Up to Share-Based Payment Standard

A post-implementation review conducted by the Financial Accounting Foundation of a 2004 accounting standard on share-based payment transaction said that it achieved its purpose and provides useful information to financial statement users.

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WebCPA

Better Strategy Needed for Medical Device Tax

The Internal Revenue Service needs to improve its strategy to ensure accurate reporting and payment of the Medical Device Excise Tax, according to a new report released by the Treasury Inspector General for Tax Administration.

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Related Topix: Tax

WebCPA

Business Development: It's All about Organization and Discipline

In my former life as a partner in a CPA firm, I struggled with wearing all the hats a typical partner needs to wear when trying to build a successful firm.

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WebCPA

PwC Fined $25 Million for Altering Bank Money-Laundering Report

PricewaterhouseCoopers LLP was fined $25 million after sanitizing a report to regulators on sanctions and money-laundering controls for Bank of Tokyo-Mitsubishi UFJ Ltd., New York's top bank regulator said today.

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Related Topix: Financial Services, Accounting, PricewaterhouseCoopers

American Banker

Deutsche Bank Hires Execs in Tech, Ops

SourceMedia's Partner Insights program enables marketers to deliver relevant content and insights directly to the American Banker audience via SourceMedia's digital media platforms.

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Related Topix: CIO News

WebCPA

Routines: a Cpa's Best Friend

I wake up at 5:00 am Monday through Saturday. I exercise on weekdays from 5:20 am to 6:20 am.

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Mon Aug 18, 2014

Financial Planning

IRS Warns Again of Pervasive Phone Scam

Why Clients Need Help With Family Governance Many clients don't know this area of expertise exists, but they know they need help with it, says Paul Pagnato, whose Pagnato-Karp Group works with UHNW families.

Comment?

Related Topix: Tax

WebCPA

PCAOB Finds Continuing Problems with Auditors of Broker-Dealers

The Public Company Accounting Oversight Board has released a new report showing that auditors of brokers and dealers who were inspected last year continued to have a high number of problems with independence and audit deficiencies.

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Related Topix: Corporate Governance, Law, Securities and Exchange Commission, Corporate / Securities Law

American Banker

Big-Bank Group's Campaign Attacks CFPB Complaint Site

"The CFPB's plan will feature only one side of the story, and such one-sided accounts will not advance the CFPB's mission of better informing and helping consumers," said Roundtable chief executive Tim Pawlenty.

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Related Topix: US Politics, US Governors, Tim Pawlenty, US News

Hispanic Business

New SourceMedia / American Banker Research Shows More Banks Likely to Offer Wealth Management

SourceMedia and its flagship brand American Banker have published "Making Wealth Management Work," a new research report that explores the acceleration of banks' interest and activity in the business of wealth management.

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Sun Aug 17, 2014

WebCPA

Deloitte Names New CEO Frank Friedman

Deloite LLP has named Frank S. Friedman as the firm's new CEO, succeeding Joe Echevarria, who is retiring to focus on public service.

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Related Topix: Deloitte, University of Kansas

Fri Aug 15, 2014

WebCPA

Alibaba Merger Machine Stumbles as Movie Arm's Books Questioned

Alibaba Group Holding Ltd., after announcing an average of two acquisitions a month this year, is learning the importance of doing your homework.

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Related Topix: Alibaba, Internet, Science / Technology, Tencent

American Banker

PNC Reports the Visa Checkout Redesign Improves Adoption

BETTER DRAW: "Since the rebranding, we have seen the number of customers enrolling in the service double from its previous launch," said Tom Kunz, senior vice president of digital for PNC Bank.

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Related Topix: Science / Technology, Internet

Financial Planning

U.S. 30-Year Bonds Outperform Stocks in 2014 Before Sale Today

SourceMedia's Partner Insights program enables marketers to deliver relevant content and insights directly to the Financial Planning audience via SourceMedia's digital media platforms.

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Related Topix: Financial Markets, Financial Services, Merrill Lynch and Co, Investment Services

WebCPA

IRS Contractors Had Access to Sensitive Taxpayer Info despite Lack of Background Checks

A number of Internal Revenue Service contractor employees who did not undergo the required background checks had access to taxpayer data, according to a new government report.

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Related Topix: Tax, Personal Finance, Social Security

WebCPA

Banks Unprepared for Upcoming Accounting Standards

Many banks are unprepared for changes in accounting standards next year on how to calculate losses on their loans and leases, according to a new survey.

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