FEI Weekly

April 13, 2016

Auditors watching auditors, push for IRS to fix cybersecurity problems, drawbacks to subleasing an office, and lousy leaders.

PCAOB Proposal Would Guide Lead Auditors in Supervision of Other Auditors 

Journal of Accountancy

The PCAOB voted Tuesday to propose rulemaking that would give lead auditors guidance for supervising audit work performed by other firms. 

In Settlement’s Fine Print, Goldman May Save $1 Billion

The New York Times

State and federal officials said on Monday that Goldman Sachs would pay $5.1 billion to settle accusations of wrongdoing before the financial crisis.

Senate Panel Pushes IRS to Fix Cybersecurity Problems

Accounting Today

The Senate Finance Committee held a hearing Tuesday to examine the Internal Revenue Service’s recent failures to protect taxpayer information from cybercriminals.

The 3 Drawbacks of Subleasing an Office

Entrepreneur

Most tenants view subleases as underpriced when compared to the traditional market. They also consider a shorter-term lease beneficial for business growth. Yet, subleasing may not necessarily be the boon it appears to be.

Four Signs You Have Room to Improve as a Leader

The Globe and Mail

The majority of leadership articles tend to focus on the positive traits and attributes that contribute to highly-effective leaders. What about those ineffective leaders who don't realize they're lousy at leading?