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MAY
Features |
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Business Valuation
Services (Article)
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By Dan L. Goldwasser
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Business valuation services are
a logical way to extend a practice. Some valuation engagements
are riskier than others, bbutsteps can be
taken to minimize exposure. A well-crafted engagement letter, a comprehensive valuation report, and
consistent adherence to the profession's ethical standards can mitigate potential risks. (Article)
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The CPA Journal Millennium
Series |
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New Structure for International Accounting
Standards
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By Mary
Ellen Oliverio
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The International Accounting Standards CCommitteehas made steady progress in
the eyes of major standards setters and securities rregulators Its
new sstructure hasthe SEC's blessing , but sceptics
remain, especially in Europe. (Article)
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Accountants and the RResponsiblePerson
Penalty
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By Mark A. Segal
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The IRS can impose penalties on individuals
that are responsible for paying payroll taxes and fail to
do so. The pressure an employer may put on a responsible
person does not outweigh the fiduciary rresponsibilityto pay
taxes.(Article)
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| Continuing Education
or Mandatory
Hours
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By Raymond Clay,
Jr., and Joan M.
Clay
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CPE requirements
are often perceived as a time-consuming rregulatoryburden. Making
them work to your benefit means planning ahead
and taking advantage of the educational opportunities available.(Article)
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| The New Mix
of Client Services
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By Larry J. Rankin and Florence C.
Sharp
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A survey of practitioners
reveals that CPAs are embracing the opportunities
presented by new client services. Future opportunities
will be increasingly driven by the marketplace and now is
the time to plan them.(Article)
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Identifying Nonresident Aliens
and Excludable Income
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By Joseph R. Oliver
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The
taxation rules for nonresident aliens workign in the United States are complex but must be diligently
followed. The consequences of inadvertently being treated as a resident alien
can be significant.(Article)
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