January 2012
- What SOX 404 Doesn't Do
Audits are great at looking back, but what about assessing risks? It’s difficult to regulate good management practices, yet those in power – Congress, the Securities and Exchange Commission, …
- Use of Formulas that Discount Shared Interests in Estate Cases Defined
Judge rules against the IRS, in favor of the technique. Just as the IRS was becoming more aggressive in pursuing estate gift taxes in cases, a U.S. Tax Court judge made a key ruling in favor of …
- Road to New Revenue Standards Rocky but Convergence Still Progressing
New revenue standards will greatly affect a key measure for a company’s success – public or private. Most financial statement users agree that revenue is one of the most important financial …
- New ERISA Disclosure Regulation 408(b)(2) and What it Means for All Plan Sponsors
The Department of Labor (DOL) issued its “interim final” regulation under ERISA section 408(b)(2) requiring advanced disclosure of the services to be provided and the compensation to be received …
- Heavy Users of Leases: Prepare for Big Changes
Straight-line amortization of lease accounting on the way out If shedding light and fairly representing a company’s financial standing is a desirable goal for the accounting profession, then the …
