Government Accounting


The Federal Accounting Standards Advisory Board requests comments on the following exposure drafts ( www.fasab.gov/exposure.htm ): Elimination of the Category National Defense Property, Plant and Equipment (responses due by May 20), Target Audience and Qualitative Characteristics for the Consolidated Financial Report of the United States Government (responses due by June 30) and Selected Standards for the Consolidated Financial Report of the United States Government (responses due by June 30).

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A new line of business to consider

Technology assessments may open the door to new engagement opportunities for your firm. What is a technology assessment? How do you perform one? JofA Tech Q&A author J. Carlton Collins shows you in a detailed explanation.

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Maximizing the higher education tax credits

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