Financial Reporting


Levitt ends his tenure at SEC
( www.sec.gov/news/press/2000-192.txt ).

FASB tentatively decides against write-downs of preexisting goodwill
( www.rutgers.edu/Accounting/raw/fasb/news/nr122000.html ).

SEC, standard setters recommend reporting financial instruments at fair value
( www.sec.gov/news/speeches/spch436.htm ; www.rutgers.edu/Accounting/raw/fasb/news/nr010501.html )

FASB’s derivatives group adds to guidance on Statement no. 133
( www.rutgers.edu/Accounting/raw/fasb/ ).

FASAC survey prioritizes FASB projects
( www.rutgers.edu/Accounting/raw/fasb/fasac/resultpg2000.html ).

FASB delays financial statement consolidation
( www.rutgers.edu/Accounting/raw/fasb/news/nr011101.html ).

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.