CPA Journal November Highlights

November Features:

Electronic Commerce and WebTrust
By Walter M. Primoff
As we enter the next century, electronic commerce is expected to profoundly change the relationship between businesses and consumers. CPAs need to be aware of how e-commerce will affect their clients and employers and create service opportunities. WebTrust is just on eof the opportunities. There is so much more. (Article)
Designing an Accounting Firm Website
By Paul M. Clikeman, L. Murphy Smith, and W. Darrell Walden
A comprehensive overview of all the factors to consider when launching a website, with step-by-step advice on how to proceed. The authors have followed their own advice and built a fictional site to show their suggestions in action. Just click and take a look for yourself. (Article)
Better Than Ever Backup
By Ted Needleman
More and more, essential data in every orgainzation is stored on computers; but what if something goes wrong? Having a reliable backup system in place can be all the difference when disaster strikes. (Article)
Assessing Your Y2K Risk
By Suzanne M. Holl
The year 200 is fast approaching and with it the attendant computer problems that may wreak havoc on systems everywhere Few CPAs may fully understand the role they are expected to play in the crisis. The author gives advice on avoiding an "expectation gap" between CPas and thir clients to avoid possible liability. (Article)
ACL for Windows
By Paul D. Warner
A guide to the latest version of Audit Command Language, the preferred audit softwareprogram on the market today. All of the program's functions functions and capabilities are detailed in this practical review. It is a bag of tricks for all auditors (Article)
Computerized Audit Sampling
By Donald A. Schwartz
Computers can be very useful to auditors in sampling large amounts of client data. The author reviews the pluses ans minuses of computerized audit sampling and introduces a software tool that can maximize auditors' efficiency while reducing the marign for error. (Article)

November Departments:
Accounting
· New standard for derivatives illustrated
Auditing
· Upward performance appraisals for audit teams: Professional development that is simple
Employee Benefit Plans
· Managing ERISA fiduciary liability in participant-directed plans
Federal Taxation
· Trustees of pree-need funeral trusts can now elect simplified taxation of trust earnings
The CPA in Industry
· The supreme Court finally lays dowm the law on employer liability for supervisor sexual harrassment
The CPA Manager
· Management style in accounting: a look in the mirror
Personal Financial Planning
· Focus on aftertax returns from nonretirement investments in mutual equity funds.
State and Local Taxation
· New York State to combine withholding and unemployment tax reporting · New York's budget bill is great for your budget
Accountant's Liability
· Creative liability claims against CPAs foiled

November News & Views:

CHAIRMAN LEVITT ATTACKS EARNINGS MANAGEMENT (Article)

CPA JOURNAL AND NYSSCPA PLAN SYMPOSIUM ON AUDITOR INDEPENDENCE (AND EFFECTIVENESS) (Article)

U.S. BUSINESSES UPBEAT ABOUT THE EURO (Article)

THE CORPORATE STATE: A WOMEN'S CEO AND SENIOR MANAGEMENT SUMMIT (Article)

H&R BLOCK, AMEX CONTINUE ACQUISITIONS (Article)

CENTER FOR MANAGEMENT ADVISORS HELPS CPAS IMPROVE CLIENT PERFORMANCE (Article)

REPORT TO AUDIT COMMITTEE REVEALS DETAILS OF ACCOUNTING IRREGULARITIES (Article)

KPMG TAX PROFESSIONAL NAMED PRESIDENT OF AWSCPA (Article)

IFAC ISSUES DISCUSSION PAPER ON PRACTICAL EXPERIENCE (Article)

PRACTITIONER'S GUIDE TO AUDIT SAMPLING (Article)

PWC TO TRAIN 60,000 ASSURANCE PROFESSIONALS WORLDWIDE (Article)

REVENUE RULING 98-15: OPERATIONAL CONTROL SAVES THE EXEMPTION (Article)

PCPS LAUNCHES ADVERTISING CAMPAIGN TO BUILD AWARENESS OF VALUE OF PEER REVIEW (Article)

MORE ACCOUNTANTS TAKING CFA EXAM (Article)

MARKETING AND NEW SERVICES TOP CPA OWNERS' AGENDA (Article)

WHY DO PUBLIC COMPANIES FILE EXTENSIONS? (Article)

KAY JEFFERS ELECTED PRESIDENT OF NATIONAL SOCIETY OF ACCOUNTANTS (Article)

COURT REJECTS CURRENT DEDUCTION OF LOAN ORIGINATION COSTS (Article)

The CPA Journal is broadly recognized as an outstanding, technical-referred publication aimed at public practitioners, management, educators, and otheraccounting professionals. It is edited by CPAs for CPAs. Our goal is to provide CPAs and other accounting professionals with the information and news to enable them to be successful accountants, managers, and executives in today's practice environments.

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