November 2004 - Journal of Accountancy

EXECUTIVE SUMMARY RADIO FREQUENCY IDENTIFICATION has the potential to reduce the cost and increase the efficiency of managing and accounting for inventory. AN RFID SYSTEM consists of tags, transceivers and a computer system. These components share information on the characteristics, location, arrival/shipment time and other information about inventory items. WAL-MART

Robert L. Bunting, chairman and CEO of Moss Adams LLP in Seattle, assumed the AICPA chairmanship at the Institute’s annual meeting. His acceptance speech will appear verbatim in a future issue of the JofA . oss Adams is in the vanguard of midsize firms skilled at serving an international clientele.

Key to Instructions To help readers follow the instructions in this article, we used two different typefaces: Boldface type is used to identify the names of icons, agendas and URLs. Sans serif type indicates the names of files and the names of commands and instructions users should type into the

EXECUTIVE SUMMARY IN PATENT DISPUTES, CPA LITIGATION CONSULTANTS help patent holders demonstrate that “but for” an infringement they could have sold more of their product. Quantifying damages in patent infringement cases can be the focus of a forensic and litigation services practice. THE PANDUIT CASE PROVIDED FOUR QUESTIONS CPA litigation

EXECUTIVE SUMMARY AN EMPLOYER BECOMES A TRUSTEE FOR THE U.S. government when it distributes payroll checks to employees. Withheld payroll taxes are called “trust fund taxes” and, in the eyes of the IRS, belong to the government. Companies should not use these funds to pay salaries, business expenses or for

EXECUTIVE SUMMARY IN THE WAKE OF THE CORPORATE SCANDALS CAUSED by Enron, WorldCom and others, the CPA profession has taken numerous steps to turn crisis into opportunity. In particular colleges, universities and their accounting faculties have changed their course offerings and other aspects of the accounting program to better equip

nventors help solve vexing problems, both sophisticated and simple, and as a result sometimes enjoy considerable celebrity and rewards. Our society’s economic success, too, is based on innovation. To encourage public disclosure of inventions, the U.S. Patent and Trademark Office (USPTO) issues an inventor a patent, which excludes others from