CalCPA Daily Clips
Published in

CalCPA Daily Clips

CalCPA Daily Clips

April 25, 2022

Providing opportunities for remote, in-person workers
Companies should review their performance evaluation processes and compensation to ensure a consistent approach for remote and in-person employees. Communicating with workers and creating a level playing field are key steps.
BNN Bloomberg
— — -
As finance’s role grows, communication skills are more vital
A new survey found the finance function’s importance has grown in the past two years. However, other members of the C-suite give CFOs lower marks on communication.
Journal of Accountancy
— — -
Bargain Purchases: Causes, Timelines, and Accounting Treatment
CFOs engaging in bargain purchases need to be aware of the unique accounting treatment associated with them.
— — -
The gulf between workers and managers is growing, amid the return to office
Many managers are considering cutting pay, reducing benefits, or even firing employees who don’t want to return to the office, says a new study.

Short-term financial planning can help amid inflation
Inflation is straining Americans’ finances, with an Experian report finding that 71% of respondents believe their pay isn’t keeping pace with rising prices. Creating a month-to-month budget is one way to regain financial control and identify potential areas to cut back.

The Metaverse will turbocharge collaboration
Advances in processing power, bandwidth, storage space and search capabilities mean that collaboration and interac-tivity will come to define the accounting profession going forward.
— — -
Kindness in leadership: How to become an effective leader
Kindness isn’t always seen as a valuable trait in leadership; in fact, it’s often seen as a weakness. But the organiza-tions that thrive create a culture of open feedback, mentoring, and empowerment.
— — -
The Best Ways to Market Your Valuation Services
High-growth firms implement insight and ingenuity to market their specialty practices.

EU reaches agreement on digital content rules
Companies such as Google and Meta will have to be more proactive in addressing illegal content, such as hate speech and material that incites terrorism, under new digital regulations developed by the European Union. The legislation, called the Digital Services Act, will also limit how users can be targeted with online ads.Full
— — -
Must-Knows about Stock-Based Comp
New rules make it easier, but traps remain for awards that are not carefully structured.
— — -
SEC Releases Staff Accounting Bulletin on Accounting, Reporting, and Disclosure Obligations for Crypto-Assets
Staff Accounting Bulletin №121 provides SEC staff’s views regarding accounting treatment of obligations incident to a reporting company’s custody of crypto-assets for its platform users.
National Review

Supreme Court holds Tax Court not bound by petition filing deadline
The 30-day limit under Sec. 6330(d) for petitioning the Tax Court to review an Internal Revenue Service determina-tion is nonjurisdictional and can be equitably tolled, the Court holds in the case of a taxpayer whose petition was one day late.
Journal of Accountancy
— — -
R&D Tax Credits Can Help Your Clients Subsidize Software Development
Less than one-third of companies eligible for the credit even know it exists, so two-thirds are losing out.
CPA Practice Advisor
— — -
You might be getting a letter from the IRS — here’s why you shouldn’t ignore it
If you want your tax refund quickly, don’t ignore letters from the IRS.
— — -
NFTs Are Continuing To Cause Accounting Issues, Even After Tax Season
With the filing deadline for individual tax returns fading into the rearview mirror, it is tempting for accounting and financial planning professionals to put cryptoassets on the proverbial back burner.

Ways to create and use QR codes
QR codes can allow smartphone users to easily access information by scanning a code instead of entering a URL. This article describes the two types of QR codes and how to create them using a number of different tools.
— — -
Why blockchain is the future of the internet
Blockchain will create a trusted, unfilterable, uncensorable repository of data and information that is accessible worldwide.




Each weekday morning, CalCPA reviews major media sources for top headlines and links to news and information vital to CPAs and the businesses and clients they serve.

Recommended from Medium

Morgan Stanley says Amazon’s red hot online ads business will get clipped this quarter because of…

Industrial Door Chain Hoist

It’s Time to Build — section quotes from Ayn Rand Institute meeting about It’s Time to Build

New Digi-Capital Analytics Platform Relieves Big XR Pain Point

Urban Innovation in Africa Virtual Event

TCS of GST- A pain or a boon for eCommerce in India

Sleight Of Hand — Invest Like David Copperfield

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store


CalCPA is the largest state accounting society in the U.S. We are a community of CPAs leading, connecting and empowering the profession for success in CA.

More from Medium

3 Mind Blowing Pillars of Aromatherapy

Lavender Flowers

New Home Communities in Georgetown, Tx

The Weekly Top 3 (4.25.2022)

5 Incredible Drug Store Makeup Products That Might Surprise You