CPA2Biz Financial Results Improve


At the fall council meeting, CPA2Biz reported that for the year ended July 31, 2003, its operating loss narrowed 90.5% to $3.2 million from $33.8 million ( www.cpa2biz.com/Corp/Press+Releases/ ). In addition, based on revenues of more than $14 million, CPA2Biz projects a break-even cash flow for the year ending July 31, 2004.

SPONSORED REPORT

6 key areas of change for accountants and auditors

New accounting standards on revenue recognition, leases, and credit losses present implementation challenges. This independently-written report identifies the hurdles that accounting professionals face and provides tips for overcoming the challenges.

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How tax reform will impact individual taxpayers

Amy Wang, a CPA who is a senior technical manager for tax advocacy at the AICPA, answers to some of the most common questions on how the new tax reform law will impact individual taxpayers.