Correction



A January News Digest item on openings for professional accounting fellows in the SEC’s Office of the Chief Accountant should have said that the positions are salaried. The JofA regrets the error.

The fellowships are for two years beginning June 2007. For two positions, the SEC prefers candidates with experience applying U.S. GAAP or International Financial Reporting Standards; candidates for the third position should have experience in analyzing and implementing auditing and other standards. Applications are due as soon as possible. For information, call Mark Barrysmith at 202-551-5304 or Josh Jones at 202-551-5334.

SPONSORED REPORT

States look to unclaimed property for revenue

This free report outlines the escheat process, common types of AUP, how different states are handling it and how companies can plan for potential audits and liabilities.

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.