Saturday, May 31, 2014

World Congress of Accountants 2014

The World Congress of Accountants (WCOA) is organized by the International Federation of Accountants and held every four years. The event gives accounting professionals the opportunity to share their views on the current issues and trends in the profession.

The CGMA

Source: http://feedproxy.google.com/~r/AICPA_BusinessIndustryGovt/~3/2whwh2HzevU/WCOA.aspx

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Proactive Planning: How Your Peers Are Advising Their Individual Clients in 2014

A panel of experts will lead practitioners through a discussion on post-ATRA planning

Source: http://www.aicpa.org/InterestAreas/PersonalFinancialPlanning/CPEAndEvents/Pages/Peers-20140519.aspx

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January 2013 Peer Review Program Manual

Download pdf files of some of the sections contained in the January 2013 Peer Review Program Manual. Other sections are contained in the Team and Review Captain Checklists area.

Source: http://feedproxy.google.com/~r/AICPA_PeerReview/~3/1PTFyZc_nAk/January2013PeerReviewProgramManual.aspx

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Final Rules Govern Tax Treatment of Distributions to Pay Accident or Health Insurance Premiums

The IRS finalized regulations that provide that distributions from qualified retirement plans to pay accident or health insurance premiums are taxable unless a statutory exclusion applies.

Source: http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/mkPYPigTT1Y/20140509.aspx

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2013 Government Briefs

AICPA 2013 Government Briefs

Source: http://feedproxy.google.com/~r/AICPA_BusinessIndustryGovt/~3/sgusvLHkAIE/2013-Government-Briefs.aspx

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FRSSE updated for micro-entity reporting

Source: http://feedproxy.google.com/~r/co/qGRu/~3/-uSgZjOOtjk/557579

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Mobile Workforce Overview

This page discusses the Mobile Workforce legislation and issues involved.

Source: http://feedproxy.google.com/~r/AICPA_Advocacy/~3/Ds3HulI0JNI/MobileWorkforceOverview.aspx

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EC publishes audit reform legislation

Source: http://www.accountingweb.co.uk/article/ec-publishes-audit-reform-legislation/559039

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Windows 8 now available to OEMs via Microsoft Connect

windows 8Select Microsoft Connect partners -- major players like HP -- have been given their first taste of Windows 8. According to various sources, the build string currently sits at 7971.0.110324-1900, which is the third milestone build of the successor to Windows 7.

So far, there haven't been many details revealed about Windows 8. An actual System Restore -- which is being referred to as History Vault -- has been reported, and the feature will allow users and administrators to completely roll back a system to a previous state. A factory reset option is also said to be included.

We've also seen Windows Live integration taking shape on the desktop. It's believed that you'll be able to log in to Windows 8 using your Windows Live credentials, not just a traditional offline Windows username and password.

All that's left now is for a leaked Windows 8 build to show up on a torrent site. Feel free to tip us if you see that happen.

Windows 8 now available to OEMs via Microsoft Connect originally appeared on Download Squad on Thu, 31 Mar 2011 08:30:00 EST. Please see our terms for use of feeds.

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Source: http://downloadsquad.switched.com/2011/03/31/windows-8-now-available-to-oems-via-microsoft-connect/

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AICPA News Update - Special Issue - Spring Council 2014 Highlights

The AICPA governing Council's spring 2014 meeting took place May 18 to 20 and focused on the profession's future, from learning opportunities to continued audit quality. AICPA leaders from each of the 50 states and U.S. territories attended the meeting. This special issue of AICPA News Update

Source: http://feedproxy.google.com/~r/AICPA_Newsroom/~3/hmPCAQYMCA8/20140520-Spring-Council-2014-Highlights.aspx

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The Pathways Commission

The AAA and the AICPA formed a Commission to study the future structure and content of accounting education.�The Pathways Commission?s purpose is to fulfill the goals of that recommendation and to consider the other ACAP human capital recommendations.

Source: http://feedproxy.google.com/~r/AICPA_AccountingEducation/~3/_2UQIEoZhoU/PathwaysCommission.aspx

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AICPA Financial Literacy Expert Featured on Today Show Website

Kelley Long, a CPA/PFS and member of the AICPA National CPA Financial Literacy Commission, offers consumers advice on how to save money as a wedding guest including sharing a hotel room with other guests and using reward points for rooms, as well as flying, to save money.

Source: http://feedproxy.google.com/~r/AICPA_PressCenter/~3/h-9QqhN4HE0/Why-Are-Weddings-So-Expensive.aspx

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Friday, May 30, 2014

New revenue recognition rule agreed

Source: http://feedproxy.google.com/~r/co/qGRu/~3/jHqb5H4NW8E/559084

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Meeting Agenda and Materials for November 13-15, 2012 ARSC Meeting

Agenda


Agenda Item #1 - Discussion memorandum with respect to the Proposed SSARSs Association With Unaudited Financial Statements, Compilation of Financial Statements, and Compilation of Financial Statements - Special Considerations

Agenda Item #1A -Decision tree with

Source: http://feedproxy.google.com/~r/AICPA_Standards/~3/6hEzJy6v7qc/ARSCMtgAgenda-Materials201211.aspx

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Windows 8 getting a built-in PDF reader, Metro-style

For what seems like an eternity, Download Squad readers have reacted to news of security exploits targeting Adobe Reader with a common sentiment: why doesn't Microsoft build its own secure PDF reader into Windows? Apparently the Windows 8 team agrees, and they're working away at an application called Modern Reader which is exactly that.

From the handful of screenshots Paul Thurrott has shared, it's clear that Modern Reader has been built with Metro in mind. You can see the Reader back button in the top-left corner of the yellow image and the minimal page navigation bar on the right. We've posted some larger images we managed to scrape from Google's cache after the break.

Thurrott also mentions that Modern Reader is the first program spotted which is built using AppX -- a packaging technology that may allow developers to roll a single build to both Windows 8 desktops and Windows Phone 8 mobile devices.

Continue reading Windows 8 getting a built-in PDF reader, Metro-style

Windows 8 getting a built-in PDF reader, Metro-style originally appeared on Download Squad on Mon, 04 Apr 2011 17:00:00 EST. Please see our terms for use of feeds.

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Source: http://downloadsquad.switched.com/2011/04/04/windows-8-getting-a-built-in-pdf-reader-finally/

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Apparently we're not indestructible

Source: http://feedproxy.google.com/~r/CeosDiary/~3/4TdPEjNlX68/apparently-were-not-indestructible

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Comment Letters For the November 30, 2011 Exposure Draft

Following are the comment letters received on the November 30, 2011�exposure draft of the Professional Ethics Division:

1.����Marguerite I. Harkness, CPA
2.����Professional Ethics Committee of the New York State Society of

Source: http://feedproxy.google.com/~r/AICPA_ProfessionalEthics/~3/x_NITJqXjNQ/2011November30ExposureDraftCommentLetters.aspx

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Anti virus software is 'doomed'

Source: http://feedproxy.google.com/~r/co/tWtt/~3/QGPWXE6OK7E/558750

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Supply & Demand in Accounting Education

AICPA President and CEO, Barry C. Melancon, CPA, provides an overview of the current state of the profession?s pipeline and educating the profession?s future.

Source: http://feedproxy.google.com/~r/AICPA_TV/~3/NeD7Tn7dsrw/SupplyDemandinAccountingEducation.aspx

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Excel Tip: Remove all formatting

Source: http://feedproxy.google.com/~r/co/FXMG/~3/bvGY9xk9KPk/excel-tip-remove-all-formatting

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Government Auditing Standards (Yellow Book) Practice Aids and Tools

This is a collection of tools and aids designed to help members maintain or improve the quality of their Yellow Book audit engagements.

Source: http://feedproxy.google.com/~r/AICPA_GovernmentalAuditQuality/~3/uCDun_xEsi4/YellowBookAuditToolsandAids.aspx

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New Research Identifies 45 Competency Areas Businesses Value in Finance Professionals

The AICPA and CIMA have identified a competency framework with 45 areas to help finance professionals better address the challenges and opportunities of today's complex business environment.

Source: http://feedproxy.google.com/~r/AICPA_PressCenter/~3/A8F5-gQ93nQ/New-Research-Identifies-45-Competency-Areas-Businesses-Value-in-Finance-Professionals.aspx

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Jeffrey A. Porter, AICPA Tax Executive Committee Chair, Will Testify in Support of Mobile Workforce Bill at House Judiciary Panel Hearing

The chair of the AICPA's Tax Executive Committee will testify in support of federal mobile workforce legislation,�H.R. 1129.�

Source: http://feedproxy.google.com/~r/AICPA_PressCenter/~3/1e1N9KoKCC8/Jeffrey-Porter-AICPA-Tax-Executive-Committee-Chair.aspx

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Thursday, May 29, 2014

GAQC Alert No. 253

Important New Agent Plan Guidance for Plans, Participating Governmental Employers, and Their Auditors Issued by AICPA

Source: http://feedproxy.google.com/~r/AICPA_GovernmentalAuditQuality/~3/j8z3yjlrcNc/GAQCAlertNo253.aspx

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2013 Outstanding CPA in Government Impact Award Winner, Federal Level: Jennifer Coleman, CPA

AICPA�2013 Outstanding CPA in Government Impact Award Winner, Federal Level: Jennifer Coleman, CPA

Source: http://feedproxy.google.com/~r/AICPA_BusinessIndustryGovt/~3/OIt3uh5zjzo/Jennifer_Coleman.aspx

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Proposed Revisions to Ethics and Compilation Standards

Two exposure drafts, proposed by PEEC and ARSC, have the potential to make significant changes to the landscape of compilation and review services. Get the information you need to voice your opinion.

Source: http://feedproxy.google.com/~r/AICPA_FinancialReportingCenter/~3/GOgb0T8krRQ/ChangesForEthicsandSSARSontheHorizon.aspx

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Sec. 501(c)(4) Regulations Will Be Reproposed Following Outpouring of Public Comments

The IRS received a flood of comments in response to proposed regulations it issued on the rules governing the political activities of Sec. 501(c)(4) social welfare organizations. As a result, the IRS announced that it will repropose the regulations.

Source: http://feedproxy.google.com/~r/AICPA_Tax/~3/44I7r0PnQSI/20140523.aspx

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AICPA Welcomes Congressional Effort to Enhance Funding and Independence of Federal Government?s Accounting Standard-Setter

The AICPA said it strongly supports the Federal Financial Statement Transparency Act of 2014, and specifically its goal of reinforcing the Federal Accounting Standards Advisory Board?s (FASAB) status as an independent entity.

Source: http://feedproxy.google.com/~r/AICPA_PressCenter/~3/oYholo7oGxQ/AICPA-Welcomes-Effort-to-Enhance-Federal-Governments-Accounting-Standard-Setter.aspx

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Peer Review Communications Archive Page

Access Peer Review's archived news items and publications including, Peer Review Alerts, Reviewer Focus and Peer Review Updates.

Source: http://feedproxy.google.com/~r/AICPA_PeerReview/~3/nJq3MO9ksSE/PeerReviewCommunicationsArchivePage.aspx

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FRS 102: Tips on first-time adoption

Source: http://feedproxy.google.com/~r/co/AWCPD/~3/qZWXoxZnVDI/540411

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Working with accounts data in Excel: Power Query

Source: http://feedproxy.google.com/~r/co/SbVB/~3/9vSlg1YhyLQ/556814

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Leap Motion Adds More-Intricate Tracking to Its Amazing Controller

Leap Motion?s newest motion-tracking software just got much more precise. Today, the company released its Version 2 (V2) software to developers in a public beta. The update allows developers to create applications that can make use of very subtle finger and joint movements.






Source: http://feeds.wired.com/c/35185/f/661457/s/3aea7cd1/sc/4/l/0L0Swired0N0C20A140C0A50Cleap0Emotion0Eadds0Emore0Eintricate0Etracking0Eto0Eits0Eamazing0Econtroller0C/story01.htm

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A Seductively Retro E-Bike, Yours for $5,000

Los Angeles automaker Icon is best known for creating classic-looking 4x4s for well-heeled off-roaders. Its latest offering, however, has just two wheels and is made for the pavement.






Source: http://feeds.wired.com/c/35185/f/661457/s/3a9ed625/sc/4/l/0L0Swired0N0C20A140C0A50Cicon0Ee0Eflyer0E20C/story01.htm

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ASB Meeting Agenda and Materials October 2013

Meeting Date: October 15-17, 2013
Scottsdale, AZ

FireSky Resort & Spa
4925 North Scottsdale Road
Scottsdale, AZ� 85251

Please visit the hotel website for more information regarding this hotel, such as amenities, restaurants, directions, etc. You can also call the hotel to make

Source: http://feedproxy.google.com/~r/AICPA_Standards/~3/51qdsfAvN8U/ASBMeetingAgendaandMaterialsOctober2013.aspx

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FRS 102: Employee benefits reporting changes

Source: http://feedproxy.google.com/~r/co/qGRu/~3/dA8ahzirqYU/558568

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Wednesday, May 28, 2014

Meeting Agenda and Materials for May 14-16, 2013 ARSC Meeting

Agenda



Agenda Item #1 - Discussion Memorandum with respect to the Proposed SSARS Compilation of Financial Statements


Agenda Item #1A - Draft of the proposed SSARS Compilation of Financial Statements


Agenda Item #1B - Draft of

Source: http://feedproxy.google.com/~r/AICPA_Standards/~3/nN_-LqaEJ1E/ARSCMtgAgenda-Materials201305.aspx

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Tweedie: ?Hopeless? reports undermine audit

Source: http://feedproxy.google.com/~r/co/AWCPD/~3/jAEmfaDfrX8/540751

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Reviewer Focus

Access Peer Review top news in the Reviewer Focus.

Source: http://feedproxy.google.com/~r/AICPA_PeerReview/~3/PHnJkSxTypc/ReviewerFocus.aspx

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As Sony?s TV Business Crumbles, a Look Back at Its Most Iconic Sets

Sony's TV business is in bad shape. As the company prepares to spin off the unit into its own fully-owned subsidiary, here's a look back at some of the company's greatest television achievements.






Source: http://feeds.wired.com/c/35185/f/661457/s/3ab4a3fe/sc/28/l/0L0Swired0N0C20A140C0A50Cthe0Egreatest0Esony0Etelevisions0C/story01.htm

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IRS Announces Simplified Employer Health Care Coverage Reporting

The IRS released final regulations to implement simplified reporting requirements under the Patient Protection and Affordable Care Act.

Source: http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/eXhGG_j393M/News_Notes_04.aspx

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Growth poses risk to practice profitability

Source: http://feedproxy.google.com/~r/co/FXgM/~3/jDKKc6u0RUI/558329

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The Inside Story of Oculus Rift and How Virtual Reality Became Reality

Oculus has found a way to make a headset that does more than just hang a big screen in front of your face. By combining stereoscopic 3-D, 360-degree visuals, and a wide field of view?along with a supersize dose of engineering and software magic?it hacks your visual cortex. As far as your brain is concerned, there?s no difference between experiencing something on the Rift and experiencing it in the real world.






Source: http://feeds.wired.com/c/35185/f/661457/s/3a9ed635/sc/4/l/0L0Swired0N0C20A140C0A50Coculus0Erift0E40C/story01.htm

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Tutorial: Sales analysis in Excel 2010/13, part 1

Source: http://feedproxy.google.com/~r/co/AWCPD/~3/U8YlYfcYoCg/541962

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Internal Control

The Center has compiled tools and resources to assist members in their consideration of internal control in their EBP financial statement audits.

Source: http://feedproxy.google.com/~r/AICPA_EmployeeBenefitPlanAuditQuality/~3/No2uGHzxiE8/InternalControlResourceCenter.aspx

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CAQ and AICPA Issue Member Alert Highlighting Regulatory Changes Applicable to Audits and Attestation Reports of Brokers and Dealers and Futures Commission Merchants

The Center for Audit Quality and AICPA have issued a member alert outlining regulatory changes that are applicable to audits and attestation engagements of brokers and dealers and futures commission merchants, including those entities that are dually-registered.

Source: http://feedproxy.google.com/~r/AICPA_PressCenter/~3/GlM2feWCoVU/CAQ-AICPA-Member-Alert-Highlighting-Regulatory-Changes-Applicable-toAudits-and-Attestation-Reports-of-Brokers-and-Dealers.aspx

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Minecraft Stakes Next-Gen Claim

Mojang on Thursday announced that its popular game Minecraft soon will be available to users of the Xbox One, Playstation 4 and Playstation Vita consoles. "Apologies for the delay, but putting Minecraft on new consoles is a serious business," explained Owen Hill, Mojang's chief word officer. All three editions are due to arrive in August.

Source: http://www.technewsworld.com/story/80494.html?rss=1

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Academics Area Promotion Giveaway Official Rules

The Official Rules for the Academics Area Giveaway Promotion that expires at 11:59pm on Friday, April 11, 2014.

Source: http://feedproxy.google.com/~r/AICPA_AccountingEducation/~3/AXU7nTtpOM0/AcademicsGiveawayOfficialRules.aspx

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Tuesday, May 27, 2014

A Great Way To Chase Debt

Source: http://feedproxy.google.com/~r/co/FXMG/~3/acRqzt-hbwg/introducing-credit-chaser

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GAQC Alert No. 249

New Pension-Related Auditing Interpretations Issued and AICPA Volunteer Opportunities

Source: http://feedproxy.google.com/~r/AICPA_GovernmentalAuditQuality/~3/T1tSJK3GVaE/GAQCAlertNo249.aspx

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AICPA Welcomes Congressional Effort to Enhance Funding and Independence of Federal Government?s Accounting Standard-Setter

The AICPA said it strongly supports the Federal Financial Statement Transparency Act of 2014, and specifically its goal of reinforcing the Federal Accounting Standards Advisory Board?s (FASAB) status as an independent entity.

Source: http://feedproxy.google.com/~r/AICPA_PressCenter/~3/oYholo7oGxQ/AICPA-Welcomes-Effort-to-Enhance-Federal-Governments-Accounting-Standard-Setter.aspx

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IFRS Certificate Program

Arleen Thomas, Senior Vice-President of Member Competency and Development at the AICPA, gives an overview of the new IFRS Certificate Program.

Source: http://feedproxy.google.com/~r/AICPA_TV/~3/z5GjLKBMmXk/IFRSCert2011.aspx

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Gary M. Scopes Receives AICPA Medal of Honor

The American Institute of CPAs (AICPA) today announced the selection of Gary M. Scopes, CAE, as the recipient of the AICPA Medal of Honor.

Source: http://feedproxy.google.com/~r/AICPA_PressCenter/~3/buFCtUnNgG8/Scopes-Receives-AICPA-Medal-of-Honor.aspx

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COSO Releases Updated Internal Control Framework

Information on the updated COSO document, Internal Control - Integrated Framework.

Source: http://feedproxy.google.com/~r/AICPA_FinancialReportingCenter/~3/VYMLYdRwoeY/COSOUpdatedInternalControlFramework.aspx

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What do CPAs Want for Tangible Property Rules? Survey Results are In

The CPA Advocate: May, 2014.� The AICPA asked members to take a brief survey regarding the safe harbor rules for deducting or capitalizing expenditures on tangible property.� The overwhelming majority agree that a higher de minimis threshold is needed.

Source: http://feedproxy.google.com/~r/AICPA_Advocacy/~3/9rj7_94nZQw/TangiblePropertySurveyResults.aspx

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Howzat! Scotland's star spinner is an accountant

Source: http://feedproxy.google.com/~r/co/ojmE/~3/bDGU2b8UiVs/546539

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Chair's Letter - March 2011

Paul V. Stahlin, CPA, Chairman, AICPA Board of Directors, discusses CPA Horizons 2025 and the importance of CPAs participating in this project.

Source: http://feedproxy.google.com/~r/AICPA_Newsroom/~3/g46Z0o8uzig/ChairsLetterMarch2011.aspx

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RTI alerts continue to misfire

Source: http://www.accountingweb.co.uk/article/rti-alerts-continue-misfire/558787

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Audit Data Standard Working Group

ASEC?s Emerging Assurance Technologies Task Force established the Audit Data Standard working group. The first three Audit Data Standards have been released: base standard, general ledger standard, and accounts receivable subledger standard.

Source: http://feedproxy.google.com/~r/AICPA_FinancialReportingCenter/~3/BTEZ1LZASoI/AuditDataStandardWorkingGroup.aspx

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We're winning on this

Source: http://feedproxy.google.com/~r/CeosDiary/~3/WrXZjJi2Xoc/were-winning

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