International


INTERNATIONAL
The International Public Sector Accounting Standards Board of the International Federation of Accountants (IFAC) issued an exposure draft of a proposed new International Public Sector Accounting Standard (IPSAS) on employee benefits. ED 31 is based on IAS no. 19, Employee Benefits, and addresses short-term employee benefits, post-employment benefits, other long-term employee benefits and termination benefits. Comments may be e-mailed to publicsectorpubs@ifac.org by February 28, 2007. The draft is available at www.ifac.org/EDs .

The World Federation of Exchanges (WFE) endorsed the processes the International Auditing and Assurance Standards Board (IAASB) uses for establishing international standards on auditing (ISAs), according to a statement by IFAC. The WFE represents 57 securities and derivative markets that account for more than 97% of world stock market capitalization. More than 100 countries have adopted or incorporated ISAs into their national auditing standards or use ISAs as a basis for preparing national auditing standards. All IAASB standards and guidance are available free from IFAC at www.ifac.org/store .

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.