Auditing



Chief accountant says SEC will enforce new independence rules
( www.sec.gov/news/speeches/spch445.htm ).

SEC answers frequently asked questions on auditor independence
( www.sec.gov/offices/account/audinfaq.htm ).

GAO: Many federal agencies are mismanaged, unprepared for audits
( www.gao.gov/pas/2001/d01241.pdf ).

SPONSORED REPORT

The technology assessment engagement

Are you working with the best technology? Do you know how to help your clients determine if their technology stack measures up? In this free report, J. Carlton Collins, CPA, explains how to answer those questions via a technology assessment engagement.

FEATURE

Maximizing the higher education tax credits

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