FYI


Kathleen L. Casey was sworn in as the 88th SEC commissioner by Chairman Christopher Cox in July. She is a 13-year veteran of Capitol Hill, having served as legislative director and chief of staff for Senator Richard Shelby (R-AL) and staff director of the Senate Banking Committee’s Subcommittee on Financial Institutions and Regulatory Relief. She succeeds Cynthia A. Glassman.

The commission also appointed Zoe-Vanna Palmrose, CPA, PhD, its deputy chief accountant in August. She served on the AICPA Auditing Standards Board Fraud Task Force and the Institute’s Antifraud Program and Controls Task Force. Palmrose, who is the PricewaterhouseCoopers Professor of Auditing at the University of Southern California’s Leventhal School of Accounting and Marshall School of Business, replaces Andrew D. Bailey Jr.

SPONSORED REPORT

The technology assessment engagement

Are you working with the best technology? Do you know how to help your clients determine if their technology stack measures up? In this free report, J. Carlton Collins, CPA, explains how to answer those questions via a technology assessment engagement.

FEATURE

Maximizing the higher education tax credits

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