New AcSec Chairman


The AICPA named Mark V. Sever, a partner of Ernst & Young LLP, as chairman of its accounting standards executive committee (AcSEC), effective October 2000. Sever, who is a current AcSEC member, succeeds David Kaplan of PricewaterhouseCoopers, who completes his three-year term as chairman.

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In focus: Payroll

Providing payroll services that comply with ever-changing regulations and meet evolving employee and employer demands is no easy task. Paychex's Tom Hammond discusses common payroll considerations for CPA firms.