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Standards in Conflict

Posted by evalang on 02/18/2008 - 21:12
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By Eva Lang - An article in the January 2008 issue of The CPA Journal addresses compares the new AICPA Standard on Business Valuation to the Uniform Standards of Professional Appraisal Practice and other valuation standards. The article titled “Will the Real Business Valuation Standards Please Stand Up?” covers the relatively recent history of standards starting with IRS Revenue Ruling 59-60 in 1959.



Link: http://www.nysscpa.org/printversions/cpaj/2008/108/p22.htm

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Voice of the Editor
Amidst a certain amount of controversy, the AICPA and the Chartered Institute of Management Accountants have launched a new designation for global management accountants, the CGMA (Chartered Global Management Accountant). The designation is available to members of both organizations.
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Gail Perry, CPA
Editor-in-Chief, AccountingWEB
editor@accountingweb.com