Accounting


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The Financial Accounting Standards Advisory Council (FASAC) releases the results of its annual survey, which asks council and FASB members to rank current FASB projects by priority. Respondents deemed the following topics most worthy of the board’s attention this year: business combinations and application of the purchase method of accounting, liability and revenue recognition, codification and simplification of GAAP and standards overload. ( www.fasb.org/fasac/resultpg2001.html)

SPONSORED REPORT

Keeping client information safe in an age of scams and security threats

A look at the Dirty Dozen tax scams and ways to protect taxpayer information.

TECHNOLOGY Q&A

How to create maps in Excel 2016

Microsoft Excel 2016 has two new mapping capabilities. J. Carlton Collins, CPA, demonstrates how to make masterful 2D and 3D maps in Excel 2016.

QUIZ

News quiz: IRS enforcement, a hot job, and audit value

The IRS’s 2016 Data Book, a “hot job” of particular interest at this time of year, and insight into how executive and audit committees view the insights from financial statement audits received attention recently. See how much you know with this short quiz.