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The Euro is Born
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By Alan E. Weiner and David W.K. Chitty
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As of January 1, 1999, the euro is the official currency of 11 European nations. Numerous businesses and tax considerations will emerge as legacy currencies are
converted to euros. CPAs may find practice opportunities during this transition period. (Article)
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One Judge's Perceptions of CPAs
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By Dan L. Goldwasser
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The bookkeeper stole over $200,000. the judge thought the CPA firm should have been more effective in preventing the losses. The CPA firm was found
liable even though it was only performing a review. (Article)
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Savings Clauses
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By Eugene Lyle Stoler
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Savings clauses are designed to prevent an adverse result that might otherwise arise. Although the IRS generally looks down upon savings clauses, they can,
if properly structured, enable the taxpayer's intentions to be properly and accurately interpreted to everyone's benefit. (Article)
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Captive Insurance Companies
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By Lewis Kenneth Shayne
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Companies are always evaluating their insurance options. A new law in New York State should allow captive insurance companies to flourish.
The author explains how captives work and details their benefits and risks. (Article)
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Dress-Down Days
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By Terri Gutierrez and R. John Freese
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Dress-down days continue to be a controversial subject in the workplace. The authors surveyed CPAs to determine whether dress-down days actually
do improve moral and productivity and whether they are the right answer for all businesses. (Article)
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1998 AICPA National conference on SEC Current Developments
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By Roy T. Van Brunt and Dorothy E. Walker
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Each December, the AICPA sponsors a national conference to spotlight matters of topical importance to the accounting profession, registrants, and the SEC.
the most recent conference provided insight into topics currently on the SEC's radar, such as the integrity of financial reporting, earnings management,
and reverse accounting. (Article)
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