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  Online Issues > April 2006


  CONTENTS  

 
APRIL 2006
VOLUME 201 NUMBER 4
 
This symbol identifies articles in the home study CPE program.
 
ARTICLES

FINANCE/FRAUD
Managing Meetings
by Will Tate, Joan Eisenstodt and Cheryl Rosen
At most companies and firms, meetings are a huge line item that’s among the most difficult to manage and track—and enormously vulnerable to fraud and abuse. Here are some tips for planning great meetings, holding down costs and establishing processes to protect firms and companies from the unique temptations that meetings budgets offer to those who plan and sponsor them.
For all CPAs.

TAX
Home Sweet Home
by Leonard Goodman and Jay A. Soled
Identifying the tax basis of an asset is rarely easy—especially when the asset in question is your home. This article explores how taxpayers should compute the tax basis in their homes and the records they should maintain to avoid the risk of additional tax, interest and penalties.
For CPAs in public practice.

EMPLOYEE BENEFITS
Too Much of a Good Thing
by Joanne Sammer
Companies that allow employees to accumulate too much company stock in their 401(k) accounts face the possibility of lawsuits if the stock price declines. There are steps CPAs can recommend to minimize this risk while still satisfying employees.
For CPAs who work for or advise companies with 401(k) plans.

PRACTICE DEVELOPMENT
Best Practices in EBP Audits
by Michael Hayes
The Department of Labor requires employee benefit plan (EBP) audits for all employers with more than 100 eligible plan participants and some smaller plans. It is a growing practice area. Here are development tips for this growing practice area.
For CPAs in public practice.

PRACTICE MANAGEMENT
Start Your Own Practice
by Randy Myers
Launching your own CPA practice is one of the greatest professional challenges you’ll ever undertake—and potentially one of the most rewarding. Fraught with hard work and long hours, it’s also a chance to build something of your own. This article can help.
For all CPAs
.

TECHNOLOGY WORKSHOP
Charts in Real Time
by Patricia McCarthy
All charts make data easier to understand, but the best ones are dynamic, updating automatically as the underlying information changes—making them perfect for presentations.
For all CPAs.

WORTH REPEATING
What’s in IT for You (And Your Company)?
by Marc J. Epstein and Adriana Rejc Buhovac
The difficulty of calculating the return on an IT investment often makes it hard to obtain funding for needed improvements in an organization’s systems. This article shows how to measure both the tangible and intangible results of IT initiatives and their impact on the bottom line.
For CPAs in industry.

NEWS

HIGHLIGHTS

NEWS DIGEST
AuditingGovernment AccountingInternationalPrivacyTechnologyFYI.

THE INTERNET
Smart stops on the Web.

AT A GLANCE: CHARTS AND GRAPHICS
Easier to move about?
Lock ’em up.
Sung heroes.
Big business audits…  ...And small business audits.
More e-filers than ever.

COLUMNS

LETTERS
Options valuation models.
Modified statements for NPEs.
Another Social Security fix.

TOP LINE
News, people, trends and other noteworthy items.

CHECKLIST
Employee benefits news you can use.

TAX MATTERS
Tax Case: Restrictions on the right of offset.
Tax Case: Can estate reduce IRAs’ value for tax purposes?
Tax Case: Dividends-received deduction from portfolio stock.

FROM THE TAX ADVISER
AMT for individuals.

TECHNOLOGY Q&A
Add extra text box to a chartUse Office Clipboard to control selective copyingShould you leave your computer running 24/7?Identify files with customized informationConvert hyperlinks to textAnchor an Excel range without $ signsExcel shortcuts.

INSIDE AICPA
Top PFP contributor named.

THE LAST WORD
A closer look at some of the intriguing, inspiring and imaginative folks who are the heart of the AICPA.


In This Issue
 
BUSINESS AND INDUSTRY

Modified statements for NPEs?

Options valuation models

News Digest: Auditing

News Digest: Government Accounting

News Digest: Technology

News Digest: FYI

Sung heroes

Employee benefits news you can use

Too much of a good thing

Best practices in EBP audits

Managing meetings

What’s in IT for you (and your company)?

Big business audits…And small business audits

EMPLOYEE BENEFITS

Smart Stops on the Web

Employee benefits news you can use

Too much of a good thing

Best practices in EBP audits

GENERAL INTEREST

Another Social Security fix

Top Line

News Digest

Easier to move about?

Lock ’em up

Smart Stops on the Web

Start your own practice

Managing meetings

The Last Word

GOVERNMENT

News Digest: Auditing

News Digest: Government Accounting

News Digest: International

News Digest: FYI

Best practices in EBP audits

INTERNATIONAL

News Digest: International

News Digest: Privacy

PRACTICE MANAGEMENT

Modified statements for NPEs?

Options valuation models

News Digest: Auditing

News Digest: Government Accounting

News Digest: Technology

News Digest: FYI

Sung heroes

Employee benefits news you can use

Too much of a good thing

Best practices in EBP audits

Start your own practice

Managing meetings

What’s in IT for you (and your company)?

Home sweet home

PROFESSIONAL ISSUES

News Digest: Privacy

News Digest: Technology

News Digest: FYI

Top PFP contributor named

SARBANES-OXLEY

News Digest: Technology

Best practices in EBP audits

Managing meetings

TAXES

Another Social Security fix

News Digest: Government Accounting

News Digest: FYI

Employee benefits news you can use

Home sweet home

Restrictions on the right of offset

Can estate reduce IRAs’ value for tax purposes?

Big business audits…And small business audits

More e-filers than ever

Dividends-received deduction from portfolio stock

AMT for individuals

TECHNICAL

Modified statements for NPEs?

News Digest: Auditing

News Digest: Government Accounting

News Digest: International

News Digest: Privacy

TECHNOLOGY

News Digest: Technology

News Digest: FYI

Best practices in EBP audits

Charts in real time

What’s in IT for you (and your company)?

More e-filers than ever

Technology Q&A

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