Internal Controls



The recently formed Center for Audit Quality (www.thecaq.org) issued comments on SEC and PCAOB proposals related to section 404 of the Sarbanes-Oxley Act of 2002 (SOX 404). The Center supports the proposals, which encourage increased effectiveness and efficiency in implementing the provisions of SOX 404. However, the Center offered technical comments intended to improve the proposals in meeting their overall goal of making implementation of SOX 404 more effective and efficient. The comment letters are available at www.aicpa.org/caq/download/PCAOB_Docket_021_Comment_Letter.pdf and www.aicpa.org/caq/download/SEC_Release_33-8762_Comment_Letter.pdf .

SPONSORED REPORT

Revenue recognition: A complex effort

Implementing the new standard requires careful judgment. Learn how to make significant accounting judgments and document them and collaborate with peers for consistent application.

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: Economy and health care changes top CPAs’ list

CPA decision-makers’ economic outlook and the House Republicans’ proposed tax changes as part of replacing the Patient Protection and Affordable Care Act received attention recently. See how much you know with this short quiz.