August 1998 - Journal of Accountancy

EXECUTIVE SUMMARY THE INTERNET IS AFFECTING traditional statements and audits as companies explore online options. FINANCIAL INFORMATION is now easily available online, creating a new readership. CPAs must consider how to help make this information useful to the expanded public. CPAs NEED TO EXAMINE the quantity of the information a

EXECUTIVE SUMMARY WITH THE ADVENT OF THE HIGHLY PUBLICIZED Roth IRA, CPAs will need to advise their clients about rolling over existing IRAs into Roth IRAs. In addition, many clients will need guidance on what kind of IRA they should contribute to in 1998 and beyond. WITH A FEW EXCEPTIONS,

EXECUTIVE SUMMARY IN MARCH 1998, THE AICPA ISSUED SOP 98-2 , Accounting for Costs of Activities of Not-for-Profit Organizations and State and Local Governmental Entities That Include Fund-Raising . Effective for years beginning on or after December 15, 1998, the SOP applies to all fundraising activities of NPOs and to

How to Report a Joint Activity By   Gregory B. Capin and Joel Tanenbaum  

Seven years ago, as Stephen A. Batman, better known as Tony, tells it, some of his friends began whispering that perhaps he was being a bit foolish. First, he had left a fast-track-to-partner position at Arthur Andersen to join a real estate development company. Two years later, he had jumped

The Usenet isnt flashy. At first glance, it looks very much like other forums you may have used, such as the Compuserve forums or the ones connected to AICPA Online or other Web sites: Someone posts a message and responses follow in growing threads. However, despite its low profile and

Is your firm on the Web? Many CPA firms have carved out a presence online, using their Web sites to deliver news and information about their practices and general business issues as well as to enhance marketing efforts. A wide variety of Web site creation software is available to those