FYI


The Senate brings the SEC to full strength by confirming the nominations of four commissioners: Paul S. Atkins and Cynthia A. Glassman of Virginia, Harvey Jerome Goldschmid of New York and Roel C. Campos of Texas ( www.senate.gov/legislative/legis_act_nominations_confirmed_civilian.html ). Atkins, Goldschmid and Campos will serve out the remainder of terms expiring June 5 of 2003, 2004 and 2005, respectively, while Glassman will serve a full term expiring June 5, 2006.

The AICPA pitches in to support the SEC Historical Society ( www.sechistorical.org ), which the commission founded in 1999 to preserve a record of its activities and to sponsor related research and education programs. In addition to authorizing a $15,000 cash grant to the society on behalf of the Institute, President and CEO Barry C. Melancon will serve on the group’s advisory panel.

NEWS

IRS sets start date for tax season

The IRS announced that tax season will start in late January and that it will issue refunds to taxpayers despite the partial shutdown of the federal government.

PODCAST

Why CPAs can’t wait on automation tools

What do accounting firms waiting on others to develop AI, automation, and data analytics tools have in common with a baseball fan sitting in a stadium filling with water at an exponential rate? The answer could determine your firm’s fate.