Business Valuation
Employee Benefits / Financial Reporting
Zions Bancorporation has developed a market-based option pricing method, Employee Stock Option Appreciation Rights Securities (ESOARS), that could make FASB Statement no. 123(R) expenses for share-based payments lower than under the Black-Scholes model. But is this auction-based method worth the cost?
Business & Industry / Auditing
With audit committees under increasing scrutiny, the AICPA’s business, industry and government team has put together a variety of tools and eight guiding habits to help audit committees carry out their mission.
Business Valuation
The Pension Protection Act of 2006 changed tax valuation matters that affect how appraisals of non-cash contributions are considered by the IRS, increasing the Service’s ability to penalize appraisers.
Tax
Should your clients’ S corporation distributions be characterized as salary or pass-through profits? While no perfect formula exists to provide a precise answer, CPAs can be sure the IRS is on the lookout for S corporations that underreport salaries to shirk FICA and FUTA taxes.
Business Valuation
Business & Industry / Corporate Governance
Liability concerns may discourage CPAs from serving on corporate boards, but the evidence to date suggests that directors who do their jobs diligently need not fear increased liability.