HEADLINES

    What CPAs Can Learn From Smokey Bear
    by Ron Rael, CPA
    Are you a controller, CFO or finance director who is so busy fighting fires that you can’t devote time to prevent them? Valuable tools show you how to be a solution provider.
    Advanced Controller and CFO Skills. Employ a balanced approach to your firm's measures of success … Develop a tailored action plan suitable for your specific needs … Click here:
    Help Your Clients Gamble to Win
    by Jean-Luc Bourdon, CPA, PFS
    The CPA’s Cliffs Notes reveals all.
    Blue-Ribbon Panel Narrows Field for Private Company Financial Reporting
    by Alexandra DeFelice/Journal of Accountancy
    A blue-ribbon panel weighed in on seven alternative models for private company financial reporting, eliminating models based on IFRS and a model that effectively would have maintained the status quo.

    WEEKLY SPOTLIGHT

    AICPA Creates P. Thomas Austin Scholarship. Honors CPA Chair of the Institute’s Advanced Estate Planning Conference. Read more:

     

    Three Security Steps You Cannot Afford to Ignore When Protecting Client Data
    Sponsored by CAMICO
    Missing laptops with unencrypted drives expose confidential client data to theft and abuse. Implementing these three simple strategies may save you thousands in lost time and business.

    NEW AND NOTEWORTHY

    AICPA Supports Repeal of Burdensome Tax Information Reporting Measure

    AICPA Establishes the P. Thomas Austin Personal Financial Planning Division Scholarship in Honor of the CPA Who Has Chaired the Advanced Estate Planning Conference for Three Decades

    Technical Inquiries and Replies Issued on Other Comprehensive Basis of Accounting
    TPAs 1400.33 (PDF), 1800.06 (PDF) and 9110.17 (PDF) provide guidance on reporting on financial statements prepared in accordance with a comprehensive basis of accounting other than generally accepted accounting principles.

    NEW IN THE STORE

    Applying A-133 to Nonprofit and Governmental Organizations
    Become more efficient and effective at planning and performing audits in accordance with the requirements of Circular A-133 and the Single Audit Act Amendments. Earn up to 24 CPE Credits.

    Compilation and Review Engagements Guide
    The Guide features information on implementing SSARS No. 19, Compilation and Review Engagements, including illustrative engagement and representation letters, sample compilation and review reports, detailed illustrations and case studies.

    Auditing Revenue in Certain Industries — AICPA Audit Guide
    This guide summarizes new standards, guidance and practices, and delivers "how-to" advice for handling audit and accounting issues related to revenue recognition, focusing on the computer software and high-technology manufacturing industries and related financial statement considerations.

     

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    AICPA TV 

    Applying FIN 48 and SFAS No. 109
     
    In this video clip, Bobby J. Carmichael, Ed.D., CPA, discusses FIN 48 with Scott F. Guertin, CPA and SFAS No. 109 with William I. Eskin, CPA, Scott F. Guertin, CPA; and Linda A. Paradis, CPA.

    More on AICPA TV

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    AICPA CPExpress

    CPExpress is a comprehensive, easy-to-use online learning resource, and a great way to earn CPE. Need to brush up on a particular subject? Looking for a brief overview? CPExpress has hundreds of hours of CPE in 1 – 2 credit courses.


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