Recently added articles from Pennsylvania CPA Journal:
THE FIRST WORD
Oct 01, 2009; ... Keep on Tackling the Tough Issues This issue of the Pennsylvania CPA Journal is my first as Editorial Board chair, taking over from Steven G. Blum. I want to thank Steve for his leadership of the Editorial Board over the past two years. Although Steve has finished his term as chair, he ...
ACCOUNTING & ASSURANCE
Oct 01, 2009; ... Time to Start Thinking about Implementing SAS 115 The Auditing Standards Board (ASB) issued Statement on Auditing Standards No. 115 (SAS 115), Communicating Internai Control Related Matters Identified in an Audit, in October 2008. It is effective for periods ending after Dec. 15, 2009, ...
FEDERAL TAX
Oct 01, 2009; ... Watch for Potential Trouble if Clients Engage in Undisclosed Offshore Activities An aggressive and successful enforcement campaign has begun that is targeting taxpayers holding undisclosed offshore accounts. Many with previously undisclosed offshore activities have, and will continue to, ...
STATE & LOCAL TAX
Oct 01, 2009; ... Pennsylvania Eyes Combined Reporting Pennsylvania is facing a substantial budget shortfall in the fiscal years ending June 30, 2009 and 2010, and needs to raise revenue. Combined reporting is seen by some as a way to do so. Under combined reporting, a parent and its subsidiaries are ...
EDUCATION
Oct 01, 2009; ... Financial Statement Changes Will Impact the Classroom on Day One An example of the common cliché that "the more things change, the more they stay the same" is how accounting professors teach financial statements to the next generation of accountants. Professors teach financial statements ...