Plus, the next office trend your employees need
MNCPA
MINNESOTA SOCIETY of
CERTIFIED PUBLIC ACCOUNTANTS
Business & Industry eNews
JUNE 26, 2018
Survey of the Month Results
According to CFO, base salary increases for finance executives and staffers averaged 4.3 percent last year. Was this the trend in your organization, too?
Yes! We saw higher than normal pay raises across the board.
4%
Yes, for those who contributed to company profits.
5%
Yes, for those who earned a professional certification or MBA.
4%
Pay increases were not substantial.
78%
We didn't have any pay increases.
9%
      ACCOUNTING & AUDITING   
New accounting rules change how some companies sell goods, services
The Wall Street Journal
More companies are adjusting business operations to jive with new revenue recognition guidelines. Is your company tweaking policies and procedures?
How to implement the new lease accounting standard
CFO
Feeling behind on lease accounting implementation? With a public company deadline of Dec. 15, it would behoove you to get a move on. Your jump start is one click away.
      ECONOMY   
Minnesota firms brace for retaliation as potential trade war looms
Star Tribune
"I would say all Minnesota businesses should be concerned, from agriculture to high tech to health care." Do we have your attention yet?
      HUMAN RESOURCES   
What you need to know for safe and sick time, minimum wage changes in Minneapolis, St. Paul
Larry Morgan, MAIR, SPHR, SHRM-SCP, GPHR, Orion HR Group LLC
Minneapolis employers -- things are about to get real. Come July 1, both minimum wage and Safe and Sick Leave enforcement are increasing. Are you watching, St. Paul employers?
Does your company have a wage gap problem? 4 questions to ask yourself
Business News Daily
Mind the gap -- the wage gap, that is. Ask yourself these four questions when determining if pay disparity is an issue in your organization.

Has this article left you with more wage gap questions than answers? HR expert Larry Morgan tackles this topic at the HR Roundtable on July 11.
Make plans to attend
      MANAGEMENT   
Why tech innovation isn't the answer everyone thinks
INSEAD Knowledge
While technology innovators may lay extraordinary eggs, often they are not the ones who ultimately hatch them. Just ask technology companies MITS and Ampex. Wait, who?
10 red flags indicating your analytics program will fail
McKinsey & Company
Struggling to become analytics-driven? One or more of these issues is likely what's holding your organization back.
      PERSONAL DEVELOPMENT   
6 ways to stop overanalyzing and become more decisive
Forbes
Indecision leads to doubt. Doubt hurts credibility. Bruised credibility halts careers. Make the decision to keep reading.
      TAXATION-BUSINESS   
Supreme Court allows states to collect sales taxes on more online transactions
USA Today
A lot has happened since 1992 (Amazon, anyone?), the last time the Supreme Court ruled that companies without a physical presence in a state did not have to collect sales tax. Needless to say, this latest SCOTUS ruling is making waves. Here's what it means for states and companies alike.
      WORK-LIFE BALANCE   
Your flex work culture doesn't help employees if it hurts their careers
Harvard Business Review
Everyone -- not just new parents or working moms -- will require flexibility at some point in their careers. Is your company willing to stretch the rules when it matters?
      WORKPLACE TRENDS   
Recharge rooms are the next office trend your employees need
Inc.
Ensure top talent namaSTAYS with your company by introducing this new employee retention tool.
Featured Jobs
Accounting analyst
The Hazelden Betty Ford Foundation
Do you have an open position? A volunteer opportunity?
Submit a classified ad to the MNCPA.
Networking Opportunities
Get involved at the MNCPA. Email Anne Janotta Erickson, senior business & industry marketing coordinator, with questions or to sign up.
JUL
11
HR Roundtable
7:30 - 9 a.m.  |  MNCPA, Bloomington
Topic: Keeping salaries competitive
JUL
19
YPG Daily Double at Canterbury
5 p.m.  |  Shakopee
AUG
8
Controller Roundtable
7:30 - 9 a.m.  |  MNCPA, Bloomington
Topic: Budgeting and forecasting best practices
First ever MNCPA Golf Outing - don't miss it!
Tee off at inaugural MNCPA Golf Outing
FORE-get about business as usual! Spend Aug. 28, at the first-ever MNCPA Golf Outing, where connecting with your CPA counterparts in business and industry and public accounting is par for the course.
This counts as work?
Exhibit at the Student Conference
Are you looking for new talent?
Ensure that students know about your accounting careers by exhibiting at the 21st Annual Accounting & Auditing Student Conference on Sept. 18. Save time and recruit stellar talent by meeting hundreds of student attendees from across Minnesota. Register by July 18 for the early bird rate.
Recruit talent
FASB Update CPE
Don't fear the FASB updates
The new revenue recognition and lease accounting standards are causing headaches for many companies. Take the smart route and get expert guidance to ensure a smoother, pain-free transition.
View online and in-person CPE options
MBAC18 attendees are game changers!
Nearly 900 attendees packed the Minneapolis Convention Center for this year's Management & Business Advisers Conference. From tax reform, cybersecurity and revenue recognition to Galaga, Donkey Kong and
Ms. Pac-Man, corporate CPAs found plenty to keep them busy during the two-day conference.
Relive the MBAC18 magic
event photo event photo event photo event photo event photo
Business & Industry CPE
JUN
28
FASB's Big Three: Revenue Recognition, Leases and Financial Instruments
8:30 a.m. - 4:30 p.m. | Bloomington | 8 CPE
JUL
12
Bank Tax Training
8:30 a.m. - 4:30 p.m. | Bloomington | 8 CPE
JUL
24
Leases: Mastering the New FASB Requirements
AICPA member discount
8:30 a.m. - 4:30 p.m. | Bloomington | 8 CPE
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Minnesota Society of Certified Public Accountants
1650 W. 82nd St., Suite 600, Bloomington, MN 55431
(p) 952-831-2707       (f) 952-831-7875
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