Plus, employers are finally ready to talk about how much they pay
MNCPA
MINNESOTA SOCIETY of
CERTIFIED PUBLIC ACCOUNTANTS
Business & Industry eNews
JULY 31, 2018
Survey of the Month Results
What do summers in Minnesota and your company's retention efforts have in common? Answer: summer Fridays! According to the Star Tribune, more than half of U.S. companies offer some type of "summer Friday" fringe benefit.

Has your company jumped on the summer Friday bandwagon?
Yes! Employees work fewer hours each week in the summer.
23%
Yes, but we work more hours Monday through Thursday to adjust.
20%
Sort of. It's not an official policy in our company.
22%
Not a chance. Quitting time is the same in the sun or snow.
35%
      CAREER   
10 phone interview tips to make a lasting impression
The Cut
Stop dreading phone interviews. Say it like you mean it with these tried-and-true tips.
4 roles gaining popularity in finance
Financial Management
You've got skills -- management accounting skills, to be exact. Put them to good use in one of these growing finance areas.
Hitting the green: Good for you, good for business
Geno Fragnito, MNCPA Perspectives
Not all business needs to happen in an office. Want proof? We give you Exhibit A: MNCPA Government Relations Director Geno Fragnito. The connections he's made while on the front or back nine have been invaluable at the Capitol and beyond.

Group of golfers Take your business outdoors at the MNCPA Golf Outing on Aug. 28. Spend the day connecting and reconnecting with CPA peers in both business and industry and public accounting. Expect sunny skies, fantastic prizes and free beer samples! Wait -- did someone say free beer? Oh, yes we did.
Register by Aug. 10!
      C-SUITE   
Memo to the CFO: Get in front of digital finance -- or get left back
McKinsey & Company
Companies are still in the early stages of applying digital technologies to finance processes in ways that will create more efficiencies, insights and value over the long term. CFOs: It's up to you to lead the charge.
      ECONOMY   
The Fed reveals worry about inflation, US economic downtown
Reuters
We can't read the minds of those at the Federal Reserve's last policy meeting, but we can read the minutes. In short, our economy is strong. Keep reading for a deeper dive.
      TAXATION-BUSINESS   
Meals and no entertainment: Holiday parties, overtime dinners and pastries
Andrew Seifert, JD
See what allowable food-related expenses fall under the 100-percent deductible window and, unfortunately, which are now subject to only a 50-percent deductible allowance under the Tax Cuts and Jobs Act. Pizza parties may never be the same.
      HUMAN RESOURCES   
Employers are finally ready to talk about how much they pay
Bloomberg
Pay transparency is trending right now. How much is your company willing to share with employees to keep salaries fair?
      MANAGEMENT   
Payments push: Real-time payments vs. Automated Clearing House
CFO
As a new era of real-time payments dawns, companies must weigh the benefits against arguments for early caution.
If cash is king, why doesn't it rule?
Strategy + Business
With tax rules changing and interest rates set to rise globally, companies need to organize their operations around a new value equation.
      RECRUITMENT & RETENTION   
5 proven tactics every company can use to get more women in the C-suite
LinkedIn Talent Blog
The data doesn't lie: The more gender-balanced a business is, the better it performs. And, yet, women account for just 20 percent of C-suite roles. Think this will be addressed at Candid Conversations About Women and Purpose on Aug. 20? You betcha!
      TAXATION-INDIVIDUAL   
Conduct a "paycheck checkup" using IRS Withholding Calculator
IRS
You know that the Tax Cuts and Jobs Act changed how tax is calculated. But do your employees? Encourage staff to use the IRS Withholding Calculator to estimate 2018 income tax and ensure the right amount of tax is being withheld.
Featured Jobs
Controller  |   Arlington State Bank
Accounting specialist  |   Education Minnesota
Do you have an open position? A volunteer opportunity?
Submit a classified ad to the MNCPA.
Networking Opportunities & Events
Get involved at the MNCPA. Email Anne Janotta Erickson, senior business & industry marketing coordinator, with questions or to sign up.
AUG
8
Controller Roundtable
7:30 - 9 a.m.  |  MNCPA, Bloomington
Topic: Budgeting and forecasting best practices
AUG
9
Business & Industry Member Lunch
11:30 a.m. - 1 p.m.  |  The St. Paul Grill
AUG
9
YPG Night at the Ballpark
5 p.m.  |  CHS Field, St. Paul
AUG
20
Candid Conversations About Women and Purpose
1 - 4:40 p.m.  |  Crowne Plaza Minneapolis West, Plymouth
Last chance to register! Online registration closes Aug. 16.
AUG
28
MNCPA Golf Outing
Noon shotgun start  |  The Wilds Golf Club, Prior Lake
Last chance to register! Registration deadline: Aug. 10.
Save on State Fair tickets
Blue ribbon savings at the Minnesota State Fair
What's better than a bucket of Sweet Martha's cookies? Two buckets of Sweet Martha's cookies because you saved so much money buying discounted Minnesota State Fair tickets through the MNCPA. Save $3 on admission tickets to the Great Minnesota Get-Together.
Be a State Fair saver
List your company in the Employer Directory
Promote your company to top talent
How can your company stand out to jobseekers? The Accounting Employer Directory helps you get in front of new talent by providing information specifically for prospective employees, accounting students and career centers. The best part? The listing is free with your MNCPA membership!
List your company
Deep dive into Tax Reform
Tax Reform Deep-Dive Webinars
Stay on top of tax reform changes, issues and opportunities with these short webinars covering tax reform for businesses, Sec. 199A, Minnesota conformity and more.
View webinar options
Business & Industry CPE
AUG
9
Tax Reform Deep-Dive Series: Sec. 199A (Webinar)
1:30 - 3:10 p.m. | Online | 2 CPE, 2 IRS CE
AUG
23
Form 990: Mastering Its Unique Characteristics
AICPA member discount
8:30 a.m. - 4:30 p.m. | Bloomington | 8 CPE
SEP
25
Fraud Update: Detecting and Preventing the Top 10 Fraud Schemes
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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