FYI


Want to give something back to the profession? The AICPA examinations team needs CPA volunteers in the Minneapolis, Detroit and San Diego areas to help develop and review CPA exam auditing and attest simulations (that is, case studies) and in the Providence, Rhode Island, Milwaukee and Phoenix areas to construct hypothetical situations candidates must address in a letter or memorandum demonstrating their writing skills. To volunteer, go to www.cpa-exam.org/lrc/exam_ops.html .

The Federal Accounting Standards Advisory Board (FASAB) is seeking an assistant director to assume responsibility for a major technical project involving research on concepts and standards adopted in the federal sector and by other standard setters. To apply, go to https://jobs.quickhire.com/scripts/gao.exe . The position announcement numbers are FASAB-N-2005-0510-59 for candidates who do not have current or former federal service and FASAB-S-2005-0510-59 for those who do.

FEATURE

Maximizing the higher education tax credits

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

SPONSORED REPORT

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.