Accounting


 
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The AICPA issued four technical practice aids (TPAs) containing questions and answers related to FASB Interpretation No. 46(R), Consolidation of Variable Interest Entities. The TPAs—1400.29, on consolidated versus combined financial statements; 1400.30, on stand-alone financial statements of a variable interest entity; 1400.31, on the effects of a GAAP departure; and 1500.06, on the interpretation’s application to income tax basis financial statements—are available at www.aicpa.org/download/acctstd/FIN_46_R_TPAs.pdf .

SPONSORED REPORT

Building client loyalty with payroll services

In this report, CPA experts detail their tactics for performing successful payroll services, how to mitigate risk in the process, and the impact payroll can have as a value-added service.

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Using drones to enhance audits

Hermann Sidhu, CPA, global assurance digital leader at EY, walks us through EY’s exciting new project to use drones to help audit large warehouses and outdoor inventories.