Personal Financial Planning
Under federal law investment advisers are fiduciaries and must disclose all potential conflicts of interest to clients. This article offers a practical approach to complying with these regulations.
Accounting
The FASB-IASB agreement to collaborate on converging American and international accounting standards is affecting the nature of U.S. GAAP. Here’s a look at how the two interact. For CPAs in public practice and in industry.
Compilations / Reviews
The latest guidance on accounting and review services does not change the objectives in compilation or review engagements. But it does require CPAs to report to management any evidence of fraud or consequential illegal acts. Here are the details on what you need to know.
Financial Reporting
Many companies are beginning the difficult task of drafting the MD&A disclosure to accompany their 2006 annual report. They do so at a time when the SEC is increasingly critical of these disclosures.
Bankruptcy / Personal Financial Planning
New bankruptcy legislation has clarified debtor and creditor rights. Here’s a review of the rules in federal bankruptcy proceedings, in state law garnishment and in attachment proceedings, where there is confusion.
Technology
Uninvited e-mails cost businesses nearly $9 billion a year. While you can’t eliminate them entirely, here are ways to minimize them.