October 16, 2008
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Top News
Whistleblowers get new protection when they expose tax cheats

As the IRS looks to tighten up its Whistleblower program and make it more effective, it has once again made changes. Just last June they issued updated rules. And four months later, after a period of public comment, they've tweaked the rules again... this time to strengthen the confidentiality of informant identity. more >>
Treasury committee declines to recommend liability protections for large firms
IASB proposes improvements to financial instruments disclosures of information
Student/Career News
Big accounting firm or small? Choosing the right size work environment

Candidates for positions at CPA firms may decide to join a large firm or a small- to mid-size firm for individual reasons, but "Each firm offers something unique regardless of size," says Kathy Downs, Recruiting Manager at Robert Half Finance & Accounting in Orlando, Florida. more >>
Four tips for jumpstarting your career during harsh economic times
Public accounting or private industry: Both offer great career potential
Firm/State/People News
AAM calls for Rookie of the Year nominees

Do you know an outstanding marketing professional who's new to the industry? Is this the type who pushes up the sleeves and gets down in the trenches? Have this person's achievements caused heads to turn? If so, he or she could be AAM's next Rookie of the Year! more >>
St. Louis CPA firms announce merger
Tennessee accountant named health care hero
Questions & Advice
Tax code 1367 for S corp shareholder repayments of loans
Tax code 1367 for S corp shareholder repayments of loans A reader needs some help in clearing up issues surrounding a small business in which the shareholders are going through a divorce.
Add your input!

Closing Balances
When at month end: Do you compare the A/P Trade balance to your A/P Aging? What are your month end reports that must be run?
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