
Journal of Accountancy
Final Regulations Update Rules on Paying Tax in Installments http://www.journalofaccountancy.com/Web/ 20092368.htm

Shirley Li This is definitely a great great resource to any accounting professionals.

Journal of Accountancy Preview of the December 2009 JofA: "Risk-Based Audit Best Practices"
www.journalofaccountancy.com
The aim of the risk assessment auditing standards was to improve the quality and effectiveness of audits by substantially changing audit practice. Statements on Auditing Standards nos. 104–111 provide ...

Ahmad Banjar What do you all think of the new amendment proposed by Congressman Ed perlmutter, in which he proposed that the Financial Services Oversight Council, which its members are mainly from the banking industry, to make recomendations to the SEC concerning any accounting standards issued by the FASB.

Journal of Accountancy In XBRL tagging, responsibility rests with filing companies, even if they outsource
www.journalofaccountancy.com
When reporting financials in XBRL, companies need to take responsibility by documenting the reasons items are tagged the way they are and allocating ample time for management review—even if they ...

Rebekah Moss anyone interested in taking a quick survey for a needy student.. it's completely and will take less than five minutes of your time!

Journal of Accountancy XBRL US plans to release a consistency checklist of 3,000 errors in Jan, API in Q2 ,for vendors to embed in their software to automatically catch mistakes. News from today's XBRL conference in NYC. Senior Editor Alexandra DeFelice reports.

Journal of Accountancy Great read: Summaries of IFRS research articles yield insights CPAs can glean for achievable benefits and pitfalls to avoid in implementing IFRS.
www.journalofaccountancy.com
Conversion from U.S. GAAP to IFRS is a heavily discussed topic in the corporate world. Expected benefits of adoption include reporting consistency, enhanced global competition and improved financial reporting transparency. ...

Journal of Accountancy PBGC deficit climbs to $22 billion - nearly double deficit it had at end of FY08.
www.journalofaccountancy.com
The Pension Benefit Guaranty Corp. (PBGC) had an overall deficit of $22 billion for the fiscal year ending Sept. 30, 2009, according to the agency’s Annual Management Report, nearly double the $11.2 ...

Journal of Accountancy Interesting, personal footage: Ernie Almonte discusses, his journey in the CPA profession and the importance of core values. Video: http://bit.ly/1Mqdy1

Journal of Accountancy What are the benefits of using cost segregation to increase the company's cash flow? (Question by one of our Fans). To respond, visit our Fan page at facebook.com/journalofaccountancy.

Tamala Johnson What are the benefits of using cost segregation (federal tax-deferral) to increase the company's cash flow? This is something new that I need a better understanding about. If anyone can help it would greatly be appreciated.

Journal of Accountancy Uncomfortable with forecasting? Stay away from business valuations because it's all about forecasting. CPAs need to know the difference between forecasts and projections--especially in a litigation case. It can be very embarrassing to be called out in court.-- Gary Trugman at the Business Valuations conference in SF. JofA Senior Editor Loanna Overcash reports.

Journal of Accountancy AICPA & UNC's Kenan-Flagler Business School just released its fourth quarter Economic Outlook Survey. Optimism about the economy flattened and CPA financial executives are increasingly concerned about the federal deficit. Read more:
www.journalofaccountancy.com
Optimism among CPA financial executives about the U.S. economy flattened after two quarters of improvement as managers paid more attention to potential challenges and concerns associated with the federal budget deficit, tax reform and regulatory requirements, according to a survey released Monday.












