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HOMEHOT TOPICSLECTURE HALL PRODUCTSABOUT US NOVEMBER 27, 2007

Features


So, what do you do? How to nail your networking intro
Elevator speeches. 60 Second Commercials. 30 Second Commercials. Personal Introductions. Networking Introductions. Defining Statements. Positioning Statements. Which networking introduction do you use? And when? And with whom?


British revenue agency admits losing confidential data on 25 million individuals
Paul Gray, chairman of the British revenue agency, HMRC, has resigned after the admission that Her Majesty's Revenue and Customs have lost the confidential details of up to 25 million individuals from 7.5 million families claiming child benefits.


New GASB Statement 52 addresses real estate held by endowments
The Governmental Accounting Standards Board (GASB) has issued GASB Statement No. 52, Land and Other Real Estate Held as Investments by Endowments. The statement improves the quality of financial reporting by requiring endowments to report their land and other real estate investments at fair value, creating consistency in reporting among similar entities that exist to invest resources for the purpose of generating income.



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Student News

Students take top honors in Deloitte national tax competition
At a time when the future talent shortage within the tax profession is an issue of critical concern, the sixth annual Deloitte Tax Case Study National Competition put the spotlight on the skills of future tax professionals who will fill the pipeline and help to solve the tax challenges of the future.



Blogs!

What have you got to say today?
This week's Blog commentary includes tips about sharing confidential spreadsheet information, stories about ethical issues in the workplace, and the reasons why CPA firms lose clients. Allan Boress has a few thoughts in his Blog about the Clinton administration and the days when stories of Monica Lewinski filled our water cooler chat, and there are some discussions in the Questions & Advice section about online degree programs and how to journalize installment notes. Join the forums - express your views!



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FIN 48 Guidance. Accounting for Uncertainty in Income Taxes - and Interpretation of FASB Statement No. 109 provides guidance on FIN 48. This title helps you clarify accounting for uncertainty of income taxes in your financial statements. One of the hottest issues in accounting and audit today, authored by one of the most renowned authors on the topic.













Firm/State News

States rue sales tax losses as holiday online shopping season gains steam
Shoppers who decided to pass up the thrills of "Black Friday" and wait for the "Cyber Monday" sales are expected to spend record amounts this year. And they are also expected to keep track of the amount of sales tax they would have paid on purchases as if they had made them at a local retail store, and voluntarily declare them on their state tax returns, something they can easily forget to do.




Tech News

Whaling and spear phishing are latest scams targeting execs
Cybercriminals, no longer satisfied with a sweeping, general approach, are adding another weapon to their arsenal - so- called spear phishing attacks, or scams that are targeted at specific individuals.




Editor's Note

This week's news includes the results of the Deloitte annual Tax Case Study National Competition. Students from all over the country vied for top honors and a $10,000 award. We don't have anything quite so fancy to offer our quiz-takers at AccountingWEB, but if you haven't tried our weekly quizzes yet, you don't know what you're missing. Accounting professors from schools around the country are doing their best to stump our members. See how you would fare if you were an accounting student today. Or if you are an accounting student, see how you stack up against the professionals. Stylish AccountingWEB t-shirts go out to the top 10 quiz-takers each week.

Gail Perry
Editor
editor@accountingweb.com



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