Plus, new leadership books to read in 2019
MNCPA
MINNESOTA SOCIETY of
CERTIFIED PUBLIC ACCOUNTANTS
Business & Industry eNews
JAN. 23, 2019
Survey of the Month
Survey of the Month Results
What should the Minnesota Legislature do with the state's projected $1.5 billion surplus?
Focus on conformity.
16%
Adjust Section 179 deductions.
5%
Lower the corporate tax rate.
9%
Invest in roads and bridges.
32%
Eliminate tax on Social Security income.
11%
Increase access to affordable health care.
16%
Lower commercial, industrial taxes.
0%
Other
Top response: Lower personal tax rates.
11%
News and Resources
News & Resources
C-SUITE
The new CFO mandate: Prioritize, transform, repeat
McKinsey & Company
Feel like there's more on your plate than ever? That's because there is. Parlay new responsibilities and traditional finance expertise to lead your company into the great unknown.

Need some guidance? Turn to the MNCPA CFO Series.
ECONOMY
American factories brace for sting of 2019 trade war
Star Tribune
Minnesota-based manufacturers are scrambling to change the way they do business -- from finding new suppliers to shifting more finishing work overseas -- as the sting of tariffs begins to take a bigger toll on their bottom lines.
GOVERNMENT
Tax issues could shape the 2019 Minnesota legislative session
MinnPost
It's shaping up to be a taxing legislative session. Literally. From calls for federal conformity to proposals for a gas tax, here's what lawmakers will debate in the months ahead.

Help shape that debate. Attend CPA Day at the Capitol on Feb. 5 to educate lawmakers on the issues important to you and your company. Legislators are listening. SPEAK UP!
LEADERSHIP
The new leadership books to read in 2019
LinkedIn
Leadership books are a dime a dozen. But, every once in a while, an author stumbles upon an original idea with supporting evidence to boot. Here are stellar examples to kick off your 2019 reading list.
NOT-FOR-PROFIT
Feds try to explain, mitigate parking UBIT
The Nonprofit Times
The U.S. Department of the Treasury responded to the nonprofit community's cries of confusion with a less-than-simple four-step calculus that varies from month to month and organization to organization. Gee, thanks, Treasury.
PERSONAL DEVELOPMENT
Never take a bad work day home again, using these 3 steps
IDEAS.TED.COM
Stop letting your bad days at the office hitch a ride home. Train your brain with these tips for transitioning from work life to home life.
SUPERVISION
Why most performance evaluations are biased, and how to fix them
Harvard Business Review
Expectations and project loads are different for every employee. Why, then, is there only one performance evaluation form to go around? Put the kibosh on ambiguity with this approach to evaluating your team.
How to manage key-person risk
Financial Management
Would your company topple if top talent left? Nope, not if there's a plan in place. Take a cue from the theater and begin developing the understudies on your team, too.
TECHNOLOGY
A finance chief's practical view of robotics and AI
CFO
Have no fear -- software will never completely replace a need for accounting and finance staff. But, by automating the granular tasks no one loves, your staff will naturally achieve high levels of strategic analysis.
WORKPLACE TRENDS
Americans favor workplace benefits 4 to 1 over extra salary
AICPA
Show me the money AND benefits. That's according to a recent AICPA survey indicating that employees would choose a job with benefits over the same job with a higher salary and no benefits. Stay competitive with these survey results.
ACCOUNTING & AUDITING
Understanding construction overhead allocations
Dale Ruther, CPA, CIT, CDS, CCIFP, Bober Markey Fedorovich
In the construction industry, there are many costs that are not directly allocable to job costs yet are vitally important to consider when estimating job costs, as well as accounting for them.
Upcoming Events
Upcoming Events
JAN
25
CPE
Data Analysis and Management (Webinar)
noon - 1:45 p.m. | Online | 2 CPE
FEB
5
CPA Day at the Capitol
8 a.m. - noon  |  Minnesota State Capitol  |  3 CPE
FEB
14
Business & Industry Advisory Council
7:30 - 9 a.m.  |  MNCPA, Bloomington
Topic: MNCPA Diversity Program
MAR
19
CPE
The Eight-Hour MBA
8:30 a.m. - 4:30 p.m. | Bloomington | 8 CPE
MAR
21
Controller Roundtable
7:30 - 9 a.m.  |  MNCPA, Bloomington
Topic: AP automation
MAR
26
CPE
Predicting the Future: 21st Century Budgets and Projections
8:30 a.m. - 4:30 p.m. | Bloomington | 8 CPE
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Featured Job
Featured Job
icon Assistant controller
Family-owned business
Hopkins
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Meet the author
Anne Janotta Erickson
Senior business & industry marketing coordinator
Anne Janotta Erickson
Anne's been guarding the best interests of the MNCPA's corporate members for more than 10 years. When she's not rescuing members from CPA certificate mishaps or combing the interwebs for the latest eNews headlines, you can find her at home attempting to master the Instant Pot she received for Christmas.
Minnesota Society of Certified Public Accountants
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