Five Things You Should Read

November 30, 2017

Exceptional leaders embrace these distinct styles, FASB plans to ease lease accounting requirements.

A Light at the End of the Tunnel for America's Sexual Harassment Epidemic

Market Watch

A new study suggests that young male workers have views on a range of workplace issues — including family leave and training to reduce biases — that have evolved from previous generations’, suggesting that future workers may be able to dismantle the power disparities that have led to workplace harassment.

4 Keys to the Coming Workforce Changes

McKinsey & Company

McKinsey research estimates that between 400 million and 800 million individuals could be displaced by automation and need to find new jobs by 2030 around the world. New jobs will be available, however, people may need to switch occupational categories and learn new skills. In order to manage the upcoming workforce transitions, all societies will need to address four key areas: maintaining robust economic growth to support job creation, improving business and labor-market dynamism, including mobility, and providing income and transition support to workers.

SEC Encourages Companies With Reporting Problems to Ask About Rule 3-13 Waivers

Morrison Foerster

Mark Kronforst, the SEC’s Division of Corporation Finance Chief Accountant, reminded registrants at the PLI Securities Regulation Institute that the SEC is willing to consider and process Rule 3-13 waiver requests. Rule 3-13 of Regulation S-X (“Rule 3-13”) allows the SEC to permit the omission of financial statements otherwise required by the SEC rules or their substitution by financial statements of a comparable character.

FASB to Ease Implementation Burdens and Costs of the New Lease Accounting Standard

Accounting Today

The Financial Accounting Standards Board decided during a meeting Wednesday to ease some of the implementation burdens and possible costs of the new lease accounting standard by making several adjustments and offering some practical expedients. FASB plans to provide a summary of the board’s tentative decisions from Wednesday’s meeting on its website within the next week.

Exceptional Leaders Embrace Two Distinct Approaches

Forbes

There are many different types of leaders, but one defining characteristic is approachability. Some leaders are able to motivate from afar, while others choose to be more engaged and hands-on. Outstanding leadership finds a way to integrate both perspectives. Leaders need to learn how to encourage self-sufficiency, while also acting as a mentor.