FYI


SEC upgrades its Web site to include segment designed specifically for accountants ( www.sec.gov/news/press/2001-22.txt ).

California state controller offers amnesty from interest due for unclaimed property ( www.sco.ca.gov/col/ucp/amnesty/index.htm ).

Institute of Internal Auditors revises red book of standards, practice advisories ( www.theiia.org/ecm/guide-stand.cfm?doc_id=119 ).

IFAC publishes acclaimed management accounting articles. Journal of Accountancy awarded top honor ( www.ifac.org/News/LastestReleases.tmpl?NID=9834804902555 ).

SSA expands its Web site services ( www.ssa.gov/onlineservices/ ).

Chief accountant of SEC’s investment management division moves to Arthur Andersen (Not yet posted on SEC Web site).

SPONSORED REPORT

States look to unclaimed property for revenue

This free report outlines the escheat process, common types of AUP, how different states are handling it and how companies can plan for potential audits and liabilities.

PODCAST

Using drones to enhance audits

Hermann Sidhu, CPA, global assurance digital leader at EY, walks us through EY’s exciting new project to use drones to help audit large warehouses and outdoor inventories.