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Journal of Accountancy

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The Firm of the Future

Take a look at four firms that are defying traditional firm management styles by using new business models that recognize the realities of the Intellectual Capital economy.

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Substantially Equal Periodic Payments From an IRA

Minimizing the tax consequences of early withdrawls of IRA funds requires careful consideration of opportunities to avoid the 10% penalty on premature distributions.

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Better Brainstorming

Recommendations in this article, based primarily on studies of audit-related brainstorming, are designed to boost the productivity of brainstorming sessions.

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Does Private Equity Belong in Your Client’s Portfolio?

Faced with a slumping stock market and low-yield bond portfolios, some fund managers may be tempted by the higher potential yields of private equity. Advisers should ask these hard questions.

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Krista McMasters, CPA 

A profile of Krista McMasters, CPA, who is preparing to become the first woman to serve as CEO of one of the country's 25 largest CPA firms. McMasters spoke with the JofA about her career path and challenges facing her firm and the profession.

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Barry Melancon

AICPA President Outlines Auditing Advisory Committee’s Final Recommendations

AICPA President and CEO Barry Melancon, CPA, discusses the Treasury Department's Advisory Committee on the Auditing Profession's final report.

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Modernizing Business Reporting 

The AICPA’s Assurance Services Executive Committee issued a white paper to address how transparency in financial reporting will be improved through the use of XBRL and enhanced business reporting (EBR) that takes into account nonfinancial factors that affect a company’s value.

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Refocusing on Reliability 

Members of the AICPA’s Reliability Task Force outline an evolving refocus on reliability and prospective changes in compilation and review standards.

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