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).

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.