Financial Services


The Office of Thrift Supervision released a brochure to promote the benefits for businesses in the financial services industry of joining a regional coalition to prepare for recovery after a disaster.

The brochure, Regional Coalitions: Public-Private Partnerships for the Financial Services Sector, was developed and issued by the Financial and Banking Information Infrastructure Committee and the Financial Services Sector Coordinating Council for Critical Infrastructure Protection and Homeland Security. The regional coalitions were formed to help the financial services sector recover after a natural disaster or man-made attack. Membership is open to any business in the financial services sector and provides the ability to network with strategic partners in other critical sectors.

The brochure contains information about existing regional coalitions and how to join one or obtain information that could be useful in establishing a new coalition. The brochure is available at http://files.ots.treas.gov/481131.pdf.

FEATURE

Tackling TCJA changes this tax season

Return preparers must be ready for how the Tax Cuts and Jobs Act has modified many common features of individual and business returns.

PODCAST

Why CPAs can’t wait on automation tools

What do accounting firms waiting on others to develop AI, automation, and data analytics tools have in common with a baseball fan sitting in a stadium filling with water at an exponential rate? The answer could determine your firm’s fate.