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Tyson CFO arrested for public intoxication a month into role

The chief financial officer of Tyson Foods Inc. was arrested Sunday for public intoxication and criminal trespassing. John R. Tyson, 32, was booked early Sunday, according to the Washington County, Arkansas, sheriff’s department. He was released later that day.  According to a report on KNWA Fox 24, Tyson was found

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Accountants and financial advisors can partner for success

Lennon and McCartney held our hands. The Wright Brothers gave us wings. Astaire and Rogers taught us to dance. The secret to a successful partnership comes down to trust and a proven process, and that’s true for CPAs who partner with financial advisors. To truly optimize clients’ financial lives, advisors

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SEC cracks down on excessive executive pay

The Securities and Exchange Commission adopted rules this week requiring public companies to claw back erroneously awarded incentive-based compensation received by their current or former executives only months after issuing a set of rules on pay versus performance. The final rules on pay versus performance require an issuer to file

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Supporting the accounting team is key to a financially healthy business

From tracking income and expenditures to ensuring statutory compliance to financially informing business decisions, accountants play an essential role in running a business. Nevertheless, accounting departments struggle to complete tasks and face difficulties keeping everything on track, especially during busy times of the year, due to inefficient tools or empowerment

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Stimulus support staff cuts mean limited fraud monitoring

More than 30,000 cities, counties and tribal governments with billions of dollars in federal stimulus money to spend are now largely on their own. The U.S. Treasury Department has already begun scaling down its support system for COVID-19 relief grant recipients, after Congress failed to let the agency tap into

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CFO pessimism is on the rise, says Grant Thornton survey

Chicago-based Top 10 firm Grant Thornton found that finance leaders, who were already concerned about inflation, grew even more pessimistic about the road ahead.  The study revealed that 72% of the 249 CFOs surveyed for the second-quarter edition of the poll expect interest rate hikes will lead to a recession.

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AICPA Foundation awards minority doctoral students with a $12,000 fellowship

As part of the AICPA Fellowship for Minority Doctoral Students, which strives to grow and diversify the educator pipeline in accounting programs, the AICPA Foundation offered 23 minority doctoral students a $12,000 fellowship.  Established in 1922 to advance education and professional advancement in accounting, the AICPA Foundation has been supporting

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Massachusetts Society of CPAs announces 2022 Women to Watch Awards

The Massachusetts Society of CPAs announced the seven recipients of the 2022 Women to Watch Awards and will honor winners on Wednesday, October 25  at the MassCPAs’ Women’s Leadership Summit.  In partnership with the Association of International CPAs Women’s Initiatives Executive Committee, a panel of judges selected seven female leaders based on their contributions

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