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October 2007 - Posts
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By David Maturo The mission of a resume is not simply to provide a history of your professional experience and qualifications. For practical purposes, a resume is a marketing document, your personal sales brochure that helps you get the job you want. Read More...
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By Rose Marie L. Bukics, CPA No event in the recent past has been more significant for the movement toward one global reporting standard than an SEC vote this past June. The unanimous vote effectively endorsed - subject to a 75-day comment period - the Read More...
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By Matthew Tuttle, CFP Many firms that sponsor 401(k) plans have a problem. The owners want to put away as much money as possible, but doing so would require large contributions for the employees. The employees enjoy the opportunity to defer their salary Read More...
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By Maria F. Boodoo, CPA Recently, there have been more reports regarding Foreign Corrupt Practices Act (FCPA) investigations as well as record-breaking fines. In the past, many FCPA fines - based on a 30-year-old law to curtail the bribery of foreign Read More...
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By Jonathan S. Ziss, JD Insightful lessons can be learned by reviewing professional liability issues. With this in mind, Mather & Co., a division of Bollinger Inc., provides this column. For more information, contact Mather at philadelphia@bollingerinsurance.com. Read More...
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By Jack Greenberg, CPA Sarbanes-Oxley looms large over the accounting profession. So large, in fact, that Sarbanes-Oxley compliance and internal controls work may have overshadowed dozens of other risks facing your, or your client’s, enterprise. CPAs Read More...
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By David A. Caplan, CPA, and Matthew D. Melinson, CPA The Local Tax Enabling Act (LTEA), or Act 511, is now more than 40 years old. The law provides localities with the ability to levy certain types of tax, including, but not limited to, earned income, Read More...
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By Larry S. Blair, CPA, JD The entity of choice for many business owners is the S corporation. It has a number of statutory requirements - including a formal election - and limitations regarding shareholders. If all the requirements are met, however, Read More...
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By John D. Rossi III, CPA, CMA, CFP When it comes to setting accounting standards, the Financial Accounting Standards Board (FASB) sometimes seems to compromise on issues to avoid delays and excessive pressure from the business and preparer community, Read More...
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By J. Stephen McNally, CPA The fifth anniversary of the Sarbanes-Oxley Act has passed, and many continue to argue whether or not the benefits of the legislation outweigh the related costs. Although there is no clear answer to this yet, does it even matter? Read More...
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By Paul E. Zikmund, CFE, CFD, and Marge O'Reilly-Allen, CPA, PhD Recent professional guidance, such as SAS 99, Consideration of Fraud in a Financial Statement Audit, and Public Company Accounting Oversight Board (PCAOB) Auditing Standard 2, has brought Read More...
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By Susan C. Borkowski, PhD, Rose Marie L. Bukics, CPA, and Mary Jeanne Welsh, CPA, PhD Information technology (IT) and information systems are pervasive in today’s business environment. CPAs, therefore, have to understand IT processes and controls. What Read More...
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