The Treasury reports a sharp rise in the frequency of
identity theft—for example, fraudulent use of Social Security numbers
to obtain loans for buying luxury cars—and offers tips on how to
detect suspicious financial activity and notify the appropriate
authorities ( www.treas.gov/fincen/sarreview06182001.pdf
; www.treas.gov/fincen/sarreview2issue4web.pdf
)
PODCAST
What’s next for potential CPA licensure changesA new model proposed by NASBA and the AICPA is designed with an eye on the future for newly licensed CPAs. The AICPA's Carl Mayes, CPA, provides background on the project and a look ahead to 2020.
VIDEO
What RPA is and how it worksRobotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.