Weekly News Round Up: CFOs Expecting Less Revenue; M&A Mania; Employment Tax Fraud; and Women Gaining Corporate Board Slots
April 6, 2015
Welcome to the Weekly News Round Up from the SC&H Group blog. Each week, we showcase audit, tax, and consulting news to keep you informed about the current stories and events impacting the accounting and business landscape – and ultimately your financial obligations.
This week, we highlight a new study that shows that CFO revenue growth expectations declined in Q1, as well as a report showing that M&A activity hit an eight-year high. In addition, a new study shows that more women are gaining seats on U.S. corporate boards.
CFOs Expecting Less Revenue This Quarter
Revenue growth expectations among CFOs in North America declined this quarter, according to a new survey.
FASB Defers Revenue Recognition Standard for One Year
The Financial Accounting Standards Board has voted to propose to defer the effective date of the new revenue recognition standard by one year after hearing feedback from constituents.
M&A Mania: Deal Activity Hits 8-year High
According to a new study, the first quarter of 2015 will go down as the richest first quarter for mergers and acquisitions since Q1 2007.
Business Credit Indicators Slip
There is “some serious financial stress” manifesting itself in the data culled from credit managers, according to the National Association of Credit Management.
Inspector General Warns of Employment Tax Fraud Risks
Better processes are needed to reduce the risks of employment tax fraud, according to a new government report.
Women Gaining Corporate Board Slots
More and more women are getting seats on U.S. corporate boards, according to a new research study.
Seven Apps to Help You Save Money
Business Insider is profiling seven new mobile apps to help in personal finance planning.