FYI


The SEC appoints Charles D. Niemeier, CPA, acting chairman of the Public Company Accounting Oversight Board to serve until the commission fills the post permanently. Previously, he was chief accountant in the SEC’s division of enforcement.

The Fdration des Experts Comptables Europens (European Federation of Accountants) (FEE) appoints as its president David Devlin, formerly Ireland’s representative to the FEE council, who says the key to restoring confidence in global capital markets is U.S. regulators’ recognition of the equivalence of American and European corporate governance principles. The FEE comprises 41 professional bodies from 29 countries.

The Pension Benefit Guaranty Corporation names Robert L. Emmons, CPA, its inspector general. He held similar positions in the U.S. Postal Service and the U.S. Army Audit Agency.

The AICPA seeks CPAs who are qualified to serve as volunteer panelists during a two-day session—scheduled for June or July 2003—to set passing scores for the computer-based uniform CPA examination. Information on experience requirements and other eligibility criteria is available at www.cpa-exam.org/lrc/panels.html , where those who are interested can print out an application to complete and fax to 201-938-3443. Participants may be eligible for CPE credit.

SPONSORED REPORT

The technology assessment engagement

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Maximizing the higher education tax credits

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