FYI


The SEC selected Mark W. Olson to be chairman of the Public Company Accounting Oversight Board until 2010. At the time of his appointment, he was a governor of the Federal Reserve Board. Although not a CPA, Olson also was a partner of Ernst & Young and its predecessor, Arthur Young & Company, from 1988 to 1999. Olson succeeds Acting Chairman William Gradison.

Following his nomination as Secretary of the Treasury by President George W. Bush, Henry M. Paulson Jr. was confirmed by the Senate and sworn into office by Chief Justice John G. Roberts Jr. He succeeds John W. Snow.

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.

PODCAST

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.