ASB Names Four New Members

The AICPA named four new members to its Auditing Standards Board, which develops auditing, attestation and quality-control standards for nonpublic audit engagements.


The new members are:


  • Ernest F. Baugh Jr., national director of professional standards for Mayer Hoffman McCann PC in Chattanooga, Tenn.
  • Thomas A. Ratcliffe, director of accounting and auditing for Wilson Price in Montgomery, Ala.
  • Mark H. Taylor, the John P. Begley Endowed Chair in Accounting at Creighton University in Omaha, Neb.
  • Phil D. Wedemeyer, partner with the national professional standards group of Grant Thornton LLP in Houston.


The new members replace Bob Dohrer, Keith Newton, Pat Piteo and Doug Prawitt.



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.