David M. Walker, comptroller general of the United States and head of the GAO, appoints 10 new members to three-year terms ( ) on the watchdog agency’s advisory council on government auditing standards (the yellow book), replacing those whose terms have expired.

The SEC names Lawrence E. Harris its chief economist. Harris, a professor of finance at the University of Southern California, succeeds acting chief economist William J. Atkinson, who is retiring. During his term, for which he took a two-year sabbatical, Harris will advise the commission and its staff on crucial economic issues, propose policy to increase the effectiveness and efficiency of SEC regulations and supervise staff analysis of the economic impact of SEC policies, proposals and regulations. ( )

The Association of Government Accountants bestows its 2002 Cornelius Tierney/Ernst & Young Research Award on Wanda A. Wallace, CPA, for outstanding research accomplishments over the course of her career. The citation recognizes financial management professionals whose leadership, achievements and service have significantly advanced the profession. ( )


Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.