Accounting

economy graph chart 1_10919395

June 10, 2020 

CFOs Expect Recession, but Aren’t Ready for One

A new study of chief financial officers and senior financial executives shows the majority (87 percent) of respondents believe a recession is likely, with more than half (53 percent) expecting it to last six months or longer.

 NY State Society of CPAs Elects Association’s 101st President

June 9, 2020 

NY State Society of CPAs Elects Association’s 101st President

Arcara is a member of the American Institute of Certified Public Accountants (AICPA) council and the New York Chapter of the National Association of Tax Professionals (NATP), and currently is serving as a board member and on its Education Committee.

money 7_1_.5a57a24dc64bb

June 9, 2020 

High Fees for Compensation Consultants Leads to Higher CEO Pay

With high CEO pay a decades-long source of agitation among observers of corporate management, it is no surprise that there has been much finger-pointing at the army of executive-compensation (EC) consultants that companies look to for guidance on this matter.

economy_crash

June 8, 2020 

World Bank Predicts Worst Recession Since WWII

Global gross domestic product will probably shrink 5.2% in 2020, the Washington-based development organization said in its semi-annual Global Economic Prospects report Monday. Emerging and developing economies will shrink 2.5%...