The Global Business Credential
The Global Business Credential
The Global Business Credential
Fraud
Auditors who use well-thought-out questions can elicit valuable information from key employees. A successful technique is based on developing the right progression of questions and avoiding an accusatory tone.
Auditing
The ASB has issued SAS no. 94, The Effect of Information Technology on the Auditor’s Consideration of Internal Control in a Financial Statement Audit, to help auditors cope with the explosive growth in information technology use by organizations of all sizes.
Business & Industry / Financial Reporting
FASB released two standards eliminating both the pooling-of-interests method for business combinations and goodwill amortization. The regulations will focus greater scrutiny on mergers and acquisitions, but despite the publicity, the new accounting methods may not have significant impact on business decisions after all.
The Global Business Credential
The Global Business Credential
The Global Business Credential
Tax
The huge $1.35 trillion tax relief package is now in the hands of CPAs—and their clients. The bill makes myriad changes to income, estate, retirement and education-savings provisions. The often complex revisions are phased in over a period that stretches as long as 10 years. To cope with the bill’s impact, practitioners will find careful planning is crucial.
The Global Business Credential
The Global Business Credential
Technology Workshop
Grouping is an easy way to customize a spreadsheet so users can select how much detail they want displayed. The function takes just a few minutes to perform, and it makes examining a complex data sheet more efficient.
Insurance Issues
CPAs can use life insurance to solve a variety of business concerns in a corporate environment.
The Global Business Credential
The Global Business Credential
The Global Business Credential
The Global Business Credential
The Global Business Credential
The Global Business Credential