Privacy


The Federal Deposit Insurance Corp. requests comments on a proposed rule it issued in conjunction with the Federal Reserve Board, the Office of the Comptroller of the Currency, the Office of Thrift Supervision, the National Credit Union Administration, the Securities and Exchange Commission, the Federal Trade Commission and the Commodities Futures Trading Commission ( www.sec.gov/rules/concept/34-48966.htm ). Under the Gramm-Leach-Bliley Act of 1999, financial institutions must give customers written notice of their privacy policies and practices, including information on how to request that personal information not be shared with other organizations or individuals. The proposed rule’s purpose is to simplify—without unnecessarily burdening banks—the language in such notices so that customers will be better able to understand and to manage the ways these organizations use confidential data. Comments are due March 29.

SPONSORED REPORT

Revenue recognition: A complex effort

Implementing the new standard requires careful judgment. Learn how to make significant accounting judgments and document them and collaborate with peers for consistent application.

TECHNOLOGY Q&A

How to create maps in Excel 2016

Microsoft Excel 2016 has two new mapping capabilities. J. Carlton Collins, CPA, demonstrates how to make masterful 2D and 3D maps in Excel 2016.

QUIZ

News quiz: Economy and health care changes top CPAs’ list

CPA decision-makers’ economic outlook and the House Republicans’ proposed tax changes as part of replacing the Patient Protection and Affordable Care Act received attention recently. See how much you know with this short quiz.