2015 - Page 11 of 22 - Journal of Accountancy

The magazines

July 1, 2015

Proposed CPE standards update would permit new modes of learning

Revisions would allow continuing professional education credit for nano-learning and blended learning.

July 1, 2015

Treatment of CHIP buy-in programs clarified

Taxpayers will be ineligible for premium assistance credits only for periods they are enrolled in a CHIP buy-in program that has been designated as minimum essential coverage.

July 1, 2015

New FAQs and Q&As issued

Resources aid practitioners with PFP standards and American Land Title Association framework.

July 1, 2015

IRS to limit refunds and credits of foreign withholding payments

Refunds of tax withheld under chapters 3 and 4 will be limited to the amounts actually deposited.

July 1, 2015

Criminal investigations down in staffing and investigations

The number of new IRS criminal investigations fell markedly in fiscal 2014 from the year before, the Service’s Criminal Investigation Division reported.

July 1, 2015

PCC diving into preferability

Analysis is sought on increasing access to private company GAAP alternatives.

July 1, 2015

FASB formally proposes revenue recognition changes

Guidance related to identifying performance obligations and licensing would be amended.

July 1, 2015

Final regs. provide rules for assessment limitation period for undisclosed listed transactions

Coordination with the general limitation period for assessment and the effect of information furnished by a material adviser are among the points addressed.

July 1, 2015

The JofA sat down for a Q&A session with author and consultant Ron Baker, an unabashed value-pricing champion, for a conversation that provided an in-depth look at the work firms need to do to quote clients an upfront price.

July 1, 2015

Developing finance leaders

Veronica McCann, CGMA, a former division CFO at Commerzbank in Singapore, shares tips on developing future finance leaders.

July 1, 2015

New FASB standards keep focus on simplification

Rules apply to reporting of certain retirement obligations and assets and accounting for cloud-computing vendor fees.

July 1, 2015

Google Alerts: Don’t get alarmed

Q: How do I get rid of a Google Alert?

July 1, 2015

Tax treatment of employer-provided meals and lodging

The line between exempt fringe benefit and taxable compensation features some surprising twists in this enduring source of tax controversy.

July 1, 2015

Qualified performance-based compensation rules are finalized

Regs. clarify the per-employee limitation and transition rule for compensation paid before a corporation becomes publicly held.

July 1, 2015

AICPA seeks continued commitment to private companies

Letter to FAF says PCC’s work on existing GAAP is not finished.

July 1, 2015

A 6-point plan to improve audit quality

A new six-point plan released by the AICPA provides a road map for enhanced performance on audits of private companies, employee benefit plans, and governmental entities.

July 1, 2015

Computer hardware: Chip tip

Q: I am looking to purchase a new computer, and I notice that many of them come with multiple core processor chips. This has me wondering how many core processor chips I really need in my desktop computer.

July 1, 2015