- COSO explores common judgment traps, lays out five-step decision-making process
- 2012 automobile depreciation limits released
- Finance executives’ outlook on U.S. economy improving, survey shows
- Tax Court says limitation on deductible mortgage interest applies to unmarried co-owners
- CEO of FASB’s parent foundation says Senate bill would undermine standard setting
- The look ahead: FASB priorities, IASB investment company standards, and consumer confidence
- FASB adds project to define “nonpublic entity,” as FAF private company decision looms
- IRS expands “Fresh Start” initiative, provides penalty relief for unemployed
- PCAOB reopens comment period on audit firm rotation concept release
- Accounting and finance hiring expected to be flat in Q2
- Much-anticipated guidance issued on accounting method changes for repair regs.
- IRS issues foreign-targeted bond guidance
- Private company reporting decision could come in May, FASB chairman says
- Tax Court disallows cost segregation of apartment building components
- FinREC asks FASB, IASB to continue work on revenue proposal
- CPAs prioritize security, unsure how to best leverage new technologies
- Proposed regs. would require taxpayers that received EINs to update information
- New online search tool makes it easier to find information about exempt organizations
- Debate continues over auditor independence and audit firm rotation
- GASB proposes M&A standards for government
- IRS suspends repair/capitalization exams pending accounting method changes
- Review of FIN 48 isn’t necessary, FASB decides
- PCAOB panelists say mandatory firm rotation could be harmful, helpful
- Roth IRAs cannot be S corporation shareholders, Ninth Circuit holds
- Repurchase agreements added to FASB’s agenda
- Global economic survey, pension accounting discussion coming this week
- TIGTA calls for improvements to IRS volunteer tax prep program database
- Auditor’s reporting model proposal scheduled for third quarter
- IRS and OECD separately address transfer pricing issues
- Audit rotation debated in House subcommittee hearing
- Court upholds IRS’s denial of college insurance fund’s application for tax exemption
- Some tax-exempt organizations are receiving erroneous penalty notices; relief available
- FBAR and Foreign Financial Reporting Resources
