Journal of Accountancy Large Logo
March 2010
Countdown to Convergence
FINANCIAL REPORTING / INTERNATIONAL

FASB and the IASB’s aggressive plan to complete eight major convergence projects by June 2011 promises to significantly impact all CPAs and companies, public and private, that report under U.S. GAAP or IFRS. Get up to speed on the plan with this synopsis.

Rick Anderson
HEADLINER Q&A

Moss Adams CEO Rick Anderson discusses his new role as head of a blue-ribbon panel on private company financial reporting.

BUSINESS VALUATION

Most CPAs with an accounting and auditing background have advised a client who has acquired or sold a business or business interest. Having the requisite skills and experience to assist the client in resolving the dispute can add tremendous value to the relationship.

BUSINESS VALUATION

Valuation services are increasingly in demand as the population ages and regulation and fair value reporting requirements evolve. Consider these steps to become a valuation expert.

BUSINESS & INDUSTRY

For business owners seeking to retire, options for cashing out are often weak and personal ties to the business and its employees strong. An employee stock ownership plan can meet the needs of owners and employees.

TAX / BUSINESS & INDUSTRY

Find out how the research and development tax credit of IRC § 41 can benefit businesses in developing new processes and products.

BUSINESS VALUATION

Claims for post-acquisition purchase price adjustments are an area that has wide applicability for CPAs with expertise in GAAP, financial forensics and business valuation. This article explores a complex dispute involving both valuation and accounting issues.

BUSINESS & INDUSTRY

Many companies continue to find implementing and maintaining a cost-effective system of internal control a daunting, if not overwhelming, task. This quiz can be used to test your knowledge of internal control and to educate other stakeholders in your organization.

Columns

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Spotlight On

JofA IFRS Resources

With FASB and the IASB fast approaching their 2011 completion deadline for major convergence projects, the CPA profession is poised to assimilate—at unprecedented speed—an array of profound changes to GAAP. Here's a compilation of JofA news, articles and videos on these important developments.

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