FYI


President Barack Obama nominated Joshua Gotbaum to become PBGC director. If the nomination is approved, Gotbaum would replace Acting Director Vince Snowbarger.

 

Gotbaum, currently an operating partner at Blue Wolf Capital, has for three decades helped manage and advise public, private and nonprofit institutions. In 2001, he was the first CEO of The September 11th Fund, a charity with more than $500 million in assets whose grants helped more than 100,000 people affected by the attacks. During the Clinton administration, he was executive associate director and controller in the Office of Management and Budget; assistant secretary of Treasury for Economic Policy; and assistant secretary of Defense. During the Carter administration, Gotbaum served on the White House staff and in the Department of Energy.

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VIDEO

What RPA is and how it works

Robotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.