Weekly News Round Up: IPO Market Poised for Record-Setting Period; High-Level of Private Sector Jobs Added in August; and Small-Business Credit
September 8, 2014 - By: SC&H Group
Welcome to the Weekly News Round Up from the SC&H Group blog. Each week, we showcase a series of news stories that span everything from government contracting to personal finance to state and local tax issues.
This week, we have compiled stories about how the IPO market is poised for a record-setting period, and the private sector added a high-level of jobs in August. In addition, financial executives are upbeat about hiring plans and CFO job turnover has decreased.
IPO Market Poised for a Record-Setting Four Months
Two hundred sixty-one companies have submitted IPO filings this year, and 100 of them could list this autumn, according to this CFO Magazine article.
Private Sector Added 204,000 Jobs in August
Private sector employers added 204,000 jobs in August, including 78,000 jobs at small businesses, according to a new study, further indicating the strengthening of the economy.
CPA Executives More Upbeat on Hiring Plans
CPAs, who are also business executives, are more optimistic about their hiring plans, according to a new survey by the American Institute of CPAs.
Health Insurers Pay More Taxes Under Obamacare
Health insurers are paying more taxes than they would have without a provision of the Affordable Care Act that took effect last year, according to a new study.
CFO Turnover Dips, Reversing Three-Year Trend
Improved corporate performance and evolving compensation trends are creating less job turnover for CFOs, according to a new study.
Small-Business Credit Picked Up in Second Quarter
After a particularly tough winter, small-business credit rebounded to its highest level since pre-recession days.