AT Think

New England firm BlumShapiro recently presented a check for $1,800 to Shelton, Conn. non-profit Spooner House - which provides "food, shelter and support services to people in need" - via the firm’s employee giving through its Jeans for Charity Program.

Generation Opportunity, a national, nonpartisan youth advocacy organization, announced last week that their November Millennial Jobs Report revealed that 13.1 percent of 18-29 years olds are currently unemployed. The data is non-seasonally adjusted and is specific to the 18-29 age group.

Litigation against accounting firms appears to have subsided for now, according to one legal expert, but is showing signs of reviving as the Securities and Exchange Commission turns its attention back to accounting and audit enforcement cases.

North American employees and managers are missing out on more than $10.7 billion of unclaimed expenses every year, according to new estimates.

According to the results of the fourth quarter AICPA Economic Outlook Survey released on Thursday, polled executives do not anticipate significant profit and revenue in the coming year - the lowest outlook since 2012.

The International Accounting Education Standards Board (IAESB) released a Consultation Paper on Wednesday, titled Meeting Future Expectations of Professional Competence: A Consultation on the IAESB’s Future Strategy and Priorities. The IAESB’s proposed strategy from 2017 through 2021 builds on its revised International Education Standards (IES) and the Education Board’s work towards the implementation of those standards in an increasingly changing world.

PricewaterhouseCoopers has released a report on the firm’s efforts to improve audit quality.

Members of the New Jersey Society of Certified Public Accountants (NJCPA) recently collected more than 3,000 pounds of food during its sixth annual September-to-November food drive, benefitting the Community FoodBank of New Jersey. The food drive was sponsored by the NJCPA Young CPAs Council.

Several policymakers will be on hand December 9-11 at the Marriott Wardman Park Hotel in Washington, D.C. to discuss the financial regulatory outlook for U.S. public companies at the 2015 AICPA SEC-PCAOB Conference.

Congressional staff reportedly worked over the Thanksgiving weekend on negotiations over tax extenders, the dozens of expiring and already expired tax breaks that perennially occupy Washington just before the end of the year.