International Federation of Accountants released a new
discussion paper on information technology and education.
Implementing International Education Guideline 11,
Information Technology in the Accounting Curriculum,
Strategies of the American Institute of CPAs , is
intended to help determine the changes needed in accounting
education, including continuing professional education, to
better develop information technology skills. For more
information on the discussion paper, contacct Milou Kelley
at the IFAC at 212-302-5952.
The Federal Deposit Insurance Corporation issued
Your Insured Deposit , which provides details on
deposit insurance information provided by financial
institutions. The booklet is available in quantity to
insured financial institutions for distribution to their
customers. It can be ordered by fax as 202-898-3549;
requests mus be on the institution's letterhead stationery
and include the address where copies should be mailed and
the name and telephone of a contact person.
Beta Alpha Psi, the national honorary accounting
fraternity with headquarters in the AICPA New York City
offices, named Clark H. Johnson, vice-president of finance
and chief financial officer of Johnson & Johnson,
accountant of the year in industry/government.
The results of the 2016 presidential election are likely to have a big impact on federal tax policy in the coming years. Eddie Adkins, CPA, a partner in the Washington National Tax Office at Grant Thornton, discusses what parts of the ACA might survive the repeal of most of the law.
Even as the IRS reported on success in reducing tax return identity theft in the 2016 season, the Service also warned tax professionals about yet another email phishing scam. See how much you know about recent news with this short quiz.