FYI


Cheryl Linthicum, Mark Taylor and Teri Yohn will begin one-year terms in August as academic accounting fellows in the SEC’s Office of the Chief Accountant. Linthicum is associate professor at the University of Texas at San Antonio; Taylor holds the John P. Begley Chair in Accounting at Creighton University in Omaha, Neb.; and Yohn is associate professor at Georgetown University in Washington, D.C.

The trustees of the International Accounting Standards Committee Foundation reappointed three members of the International Accounting Standards Board effective July 1, 2005. Robert Garnett, Gilbert Glard and James Leisenring each will serve an additional five-year term.

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Maximizing the higher education tax credits

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

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Solving the lease accounting challenge

The challenges of the new lease accounting standard have been pervasive to say the least. In this free, independently-written report, you'll learn effective adoption strategies as well as resources for easing the transition to the new standard.