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- Initial jobless claims fall to a 4-year low
The Labor Department said first-time jobless claims fell to 348,000 last week, the fewest since February 2008. The four-week rolling average -- considered a more accurate indicator of labor-market conditions -- declined 1,250, to 355,000 claims, the department said. Reuters
(3/22)     
 | Mobile CS™ is Freedom
Access your software data on your iPhone®, iPad®, iPod touch®, or Android device, and make important business decisions to run your practice from anywhere. On-the-go information—like helpful client and staff data, as well as key firm data such as WIP and AR—lets you review client interactions before an important meeting and more. Learn more
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- Internal audits zero in on technology risks
More companies are focusing their internal audit functions on risks associated with cloud computing and social networking, according to a report from consulting firm Protiviti. Companies are being challenged to address enterprisewide risks raised by the growing use of technology, and are still learning to use technology in the audit process. CFOworld
(3/21)
 | SEC Quarterly Update Webcast Series - First Quarter 2012
On March 28 at 2-4pm ET, get plugged in to what’s hot at the SEC. From corporate accounting reform legislation and new regulatory initiatives to CorpFin activities, this key webcast is a must for both preparers in public companies and practitioners who have public company clients. > Register Now |
| A&A Report |  |  |
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26 days left to file tax returns
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| | Enhance your research productivity
CCH® Tax Prep Partner Series™ provides the “how-to” guidance and tools you need to improve your firm's accuracy, efficiency and review time. There is no easier way to get access to extensive and accurate coverage on a variety of forms, including 1040, 1041, 1065, 1120, 1120S, and more.
More information and a product video | |
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| Policy & Regulatory | | |
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- Fed plans to examine foreign banks' efforts to avoid rules
Federal Reserve Governor Daniel Tarullo told lawmakers that the central bank will review changes made by foreign banks to U.S. subsidiaries to avoid tougher capital requirements. Deutsche Bank recently restructured its U.S. unit to sidestep the Dodd-Frank Act. "As I think about the appropriate modes of regulation and supervision of foreign bank organizations in the U.S., the development to which you have alluded has certainly affected my thinking about how we do structured regulation of foreign bank organizations, and I think we will need to respond to that," he said, responding to a question about the German bank's move. MarketWatch
(3/22), Financial Times (tiered subscription model)
(3/23)
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| AICPA News | | |
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Explore how your finance team can bring value to the organization
Increasingly, organizations demand that finance teams master more than just cost and process efficiency; they also must become an effective strategic partner to an organization's operational units, driving performance and business profitability. As finance professionals work more collaboratively to support decision making, the architecture of finance in many organizations will change. The free downloadable report, The Inside Track: Partnering for Value, discusses how Chartered Global Management Accountants can transform the finance function, work more collaboratively and effectively with the rest of the organization and maximize the contribution of finance to the business.
| SmartQuote | | |
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 | Example is the school of mankind, and they will learn at no other."
--Edmund Burke,
Irish statesman, writer, orator and philosopher
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| About AICPA |
The American Institute of Certified Public Accountants is the world’s largest association representing
the accounting profession, with nearly 377,000 members in 128 countries and a 125 year heritage of serving the public interest. AICPA members represent
many areas of practice, including business and industry, public practice, government, education and consulting. The AICPA sets ethical standards for the
profession and U.S. auditing standards for audits of private companies, non-profit organizations, federal, state and local governments. It develops and
grades the Uniform CPA Examination and offers specialty credentials for CPAs who concentrate on personal financial planning; fraud and forensics; business
valuation; and information technology. Through a joint venture with the Chartered Institute of Management Accountants, it has established the Chartered Global
Management Accountant designation to elevate management accounting globally.
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| | Recent CPA Letter Daily Issues:
- Thursday, March 22, 2012
- Wednesday, March 21, 2012
- Tuesday, March 20, 2012
- Monday, March 19, 2012
- Friday, March 16, 2012
| | | Lead Editor: Ashley Fletcher Frampton
Contributing Editor: Erika Morphy
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