Recently added articles from California CPA:
An effective financial regulatory system.(news & trends)
Mar 01, 2009; ... "An effective financial regulatory system should strive to minimize systemic risks resulting from interrelationships between firms and ...
Survey says: global executives reluctant to disclose corruption to authorities.(news & trends)
Mar 01, 2009; ... A survey of 329 executives from around the world found: 41% indicated that senior management should investigate and deal with matters internally or wait to see if there are consequences rather than make a voluntary disclosure to authorities if a significant incident of corruption was ...
Lessons learned.(News & trends)
Mar 01, 2009 ... The Center for Audit Quality has issued a new resource for public company auditors that provides lessons ...
Government relations: license status disclosure bill introduced.(News & trends)
Mar 01, 2009 ... California Assembly members Roger Niello and Fiona Ma have introduced AB 117, which would require CPAs with inactive licensees to disclose the fact that they are "inactive" when using the CPA designation on correspondence, business cards, name plates, resumes or name plaques. ...
A new look: logos overhauled.(CalCPA)
Mar 01, 2009 ... CalCPA and the CalCPA Education Foundation rolled out a new line of logos March 1. There ...
Committee news: IRS Adopts Cot's Idea.
Mar 01, 2009 ... As part of the annual liaison process between the IRS and the CalCPA Committee on Taxation, a question was submitted to the IRS pointing out self-employment tax problems that could arise because the 2007 instructions required each spouse electing qualified joint venture treatment for a ...
Where's my refund?(news & trents)
Mar 01, 2009 ... Though California's controller has delayed refunds for 30 days as of Feb. 1, for personal income tax and ...
CalCPA's estate planning discussion forum.(news & trends)
Mar 01, 2009 ... Do you have an estate planning question, or are you interested in meeting other experts in the field? Stop by CalCPA's Estate Planning ...
CalCPA member discount.(news & trends)
Mar 01, 2009 ... Information Technology Audits The CalCPA-recommended "Information-Technology Audits" will help you meet the growing ...
Correction.(Correction notice)
Mar 01, 2009 ... The Capitol Beat column in the January/February issue of California CPA incorrectly spelled the name of California Board of ...
SEC final XBRL rules effective April 13.(news & trends)
Mar 01, 2009 ... Public companies that file using U.S. GAAP with a public float above $5 billion will be required to provide interactive data reports starting with their first quarterly report for fiscal periods ending on or after June 15, 2009. This will cover approximately 500 companies. The ...
Updated Rules for Tax preparers.(trends & trends)
Mar 01, 2009 ... Internal Revenue Code Sec. 7216, Disclosure or Use of Tax Information by Preparers of Returns, became effective Jan. 1, 2009 and updates regulations that have been substantially unchanged since the 1970s. It limits tax return preparers' use and disclosure of information obtained during the ...
New financial statement fraud auditing standard.(news & trends)
Mar 01, 2009 ... The AICPA has issued for public comment proposed Statement on Auditing Standards, Consideration of Fraud in a Financial Statement Audit (Redrafted, which would supersede SAS No. 99. Consideration of Fraud in a Financial Statement Audit. The proposal's guidance has been drafted ...
TaxTalk Today goes quiet in may.(news&trends)
Mar 01, 2009 ... Due to budgetary and viewership considerations the IRS will end TaxTalk Today with its May 12 program. Archived programs will be available at ...
Tax Practitioner Hotline steps up capacity.(news&trends)
Mar 01, 2009 ... As of Feb. 2, the FTB Practitioner Hotline--(916) 845-7057--increased its queue capacity by 10 people to allow 40 people to be waiting, according to Rita Stapp, manager of the FTB Practitioner Hotline. The increase will be in effect from 8 a.m ....
Auditing Internal Control Over Financial Reporting in Smaller Public Cos.(news&trends)
Mar 01, 2009 ... The PCAOB has published Staff Views--An Audit of Internal Control Over Financial Reporting That Is Integrated with An Audit of Financial Statements: Guidance for Auditors of Smaller Public ...
Ruling may overturn 30-year-old tax policy in California.(news&trends)
Mar 01, 2009 ... A tentative decision in favor of plaintiff Akerman Senterfitt in Parmar v. State Board of Equalization (search for case No. BC379013 at www.calcpa.org/LAcourt) may overturn a 30-year-old policy applied to some 25 tax and fee programs. Under the BOE's policy, corporate executives ...
FIN 48 officially delayed for nonpublic enterprises.(news & trends)
Mar 01, 2009 ... FASB has issued Staff Position FIN 48-3, Effective Date of FASB Interpretation No. 48 for Certain Nonpublic Enterprises, which defers the effective date of FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes, for certain nonpublic enterprises, including nonpublic ...
CPA Day and me.(news&trends)
Mar 01, 2009; ... A friend of mine, one who [former CalCPA chair] Steve Wimmers would describe as "seasoned with age," once told me that the accumulation of material possessions does not make one rich, but rather the accretion of experiences. That statement was proven true during my experiences at CPA Day ...
Announcements.(member milestones)
Mar 01, 2009 ... J.H. Cohn LLP named Wade McKnight, CPA office managing partner of its San Diego office. McKnight was also recently appointed to the San Diego City Council's Audit Committee ... Katz, Fram & Co. named Stephen T. Fineman partner ... A. L. Walters, CPA created and presented a seminar in Santa ...