Government Auditing


GOVERNMENT AUDITING

The GAO issues a draft of a strategy guide to help federal departments and agencies minimize their improper payments. It includes examples of techniques public- and private-sector organizations have used to estimate the extent of such payments, the cost of implementing effective internal control systems and the effectiveness of corrective actions to date. Comments are due by August 15 ( www.gao.gov/new.items/d01703g.pdf ).

FEATURE

Maximizing the higher education tax credits

A counterintuitive strategy can save taxes by including otherwise excludable scholarships in gross income.

SPONSORED REPORT

Solving the lease accounting challenge

The challenges of the new lease accounting standard have been pervasive to say the least. In this free, independently-written report, you'll learn effective adoption strategies as well as resources for easing the transition to the new standard.