Professional Issues


The AICPA is forming four panels (one for each of the proposed CPA examination sections) to help set standards for passing the computer-based exam. Qualified CPA volunteers are needed for a series of two-day standard-setting sessions between December 11 and 19. Participants should have three to seven years’ experience in public accounting and must have supervised new CPAs within the past 12 months. To avoid conflicts, panelists may not be affiliated with any CPA exam preparation and/or review programs. Interested CPAs should e-mail their name, address and qualifications to cpaexam@aicpa.org . Further information is available at www.cpa-exam.org/lrc/reports.html . Panelists may be eligible for CPE credit.

SPONSORED REPORT

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.

FEATURE

Maximizing the higher education tax credits

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