Sustainability Reports Rapidly Becoming Expected Disclosure

Although not part of the Securities and Exchange Commission (SEC) disclosure regime, the Sustainability Report is taking its place in what is rapidly becoming a triumvirate of reports that guide investors in their portfolio allocation.

By https://www.tx.cpa/resources/txcpa-magazine/issue-details/march-april-2022/2022/02/23/sustainability-reports-rapidly-becoming-expected-disclosure

Midyear Board of Directors and Members Meeting

The first in-person Board of Directors and Members Meeting in two years brought together TXCPA leaders in Irving, Texas Jan. 21-22, 2022. There was a feeling of joy to be in each other’s company again. To help protect the health of all, a virtual participation option was available.

By /march-april/2022/02/24/midyear-board-of-directors-and-members-meeting

Infrastructure Investment and Jobs Act Includes Several Tax Provisions with Little Fanfare

As is typical of large bills, several lesser publicized issues were also addressed. Included among these issues are several notable tax items. These items are not necessarily related to infrastructure spending but address a hodgepodge of issues.

By https://www.tx.cpa/resources/txcpa-magazine/issue-details/march-april-2022/2022/02/25/infrastructure-investment-and-jobs-act-includes-several-tax-provisions-with-little-fanfare

Are You Career Ready?

So called "soft skills" are key indicators of career readiness and predictors of a successful transition into the workplace for recent college graduates. Readiness for an accounting career demands a skill set beyond the material taught from a textbook in the typical undergraduate accounting programs.

By https://www.tx.cpa/resources/txcpa-magazine/issue-details/march-april-2022/2022/02/24/are-you-career-ready?

Hindsight is 20/20

This overview of the Wirecard scandal investigates the tools used to conduct the accounting manipulation and the environments that helped contribute to the fraud. It also discusses the short-term and long-term outcomes and implications of the scandal.

By https://www.tx.cpa/resources/txcpa-magazine/issue-details/march-april-2022/2022/02/24/hindsight-is-20-20

Putting a Pink Collar on the Fraud Diamond

According to the Federal Bureau of Investigation’s 2019 Crime in the U.S. report, embezzlement was one of only two offenses where women were charged more frequently than men (FBI, 2019). The main types of justification women give for embezzling are loyalty (family needs) and lifestyle (luxury), and women are more likely to have a gambling problem.

By https://www.tx.cpa/resources/txcpa-magazine/issue-details/march-april-2022/2022/02/24/putting-a-pink-collar-on-the-fraud-diamond