FEI Weekly

July 20, 2018

Big Four to trial blockchain for financial reporting, Trump 'not thrilled' about interest rate hikes.

Trump 'Not Thrilled' About Interest Rate Hikes

CNBC

President Trump told CNBC's Joe Kernen that is 'not thrilled' in an interview to air in full on Friday. “Because we go up and every time you go up they want to raise rates again. I don't really — I am not happy about it. But at the same time I’m letting them do what they feel is best.” Presidents rarely intercede when it comes to the Fed, which sets the benchmark interest rate that flows through to many types of consumer debt.

The 5 Cs of Building a Strong Company Culture for Leaders

Forbes

The first is commitment. You can’t form a productive culture without first fully committing to doing so. The next is care. Then, communication. Celebration (be proud of your people's achievements) is another component. Finally: community. Make volunteering in the community and charitable giving core to your company values.

Big Four to Trial Blockchain for Financial Reporting

Coindesk

The world's four biggest auditing firms are joining a group of 20 banks in Taiwan to trial a blockchain service for auditing public companies' interim financial reports. The trial will initially allow the auditing firms to conduct so-called external confirmation for a group of selected companies that are publicly traded on the island.

CEOs Ready for Radical Transformations

PYMNTS.com

As CEOs continue to feel the pressure to turn economic growth into growth for their own organizations, executives are turning to technology more than ever. Nearly all CEOs surveyed by KPMG said they consider technological disruption to be an opportunity, not a threat, and 91% said they are ready to lead their firms through radical transformations initiated by technology.

How to Answer the Trickiest Interview Question

Glassdoor

The dreaded "What are your weaknesses?' question. The most important key to answering this question is to be honest. Recognizing a fault and showing what steps you’ve taken to improve upon this weakness demonstrates that you have the ability to look at yourself in a critical manner, fix your mistakes and move forward.