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  January 7, 2008 — In This Newsletter:

Family Business Needs CPAs
by Rick Telberg/At Large
Small firms periled by lack of planning. CPAs forecast the future of family business. Join the study. Get the answers.

The Finer Points of Fair Value
by Thomas Ratcliffe/Journal of Accountancy
FASB 159 opens up options.

Foreign Income and Taxpayers
by Alistair Nevius/The Tax Adviser
Foreign earned income exclusion on housing cost limitations increase.

View From Asia: Turning the Poor Into Consumers
by Tom Leander/CFO Magazine
Charity begins at home for Indian companies that want to expand the domestic market.

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Weekly Spotlight

Audit Committee Involvement in Risk Management Oversight
by Mark Beasley, PhD
Embracing emerging expectations for risk management leadership.

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Your AICPA Membership Gets You Great Discounts on Great Dell Products
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New and Noteworthy

AICPA Advanced Personal Financial Planning Conference
George Walper, Jr. keynotes. Ideal for investment managers, financial planners, partners. January 20-23.

Web Event: Evolution of an Investment Advisory Firm
Philip Palaveev dissects investment advisory firms and how to move practices to businesses, economics of the firm and career paths.
January 11.

IRS Stays on Course for Commencement of ’08 Tax Season
Only exceptions include taxpayers potentially affected by late enactment of the Alternative Minimum Tax 'patch.' View details.

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New in the CPA2Biz Store

Accounting Trends & Techniques, 61st Edition
The new edition of this popular bestseller is the most comprehensive collection of financial statement illustrations culled from 600 of America’s leading companies.

Adviser’s Guide to the Tax Consequences of the Purchase and Sales of a Business, 2nd Edition
Find guidance in advising clients who want to buy or sell the assets or stock of a corporate business, the assets or interest of a partnership or the assets or business of a sole proprietorship.

Compiling Personal Financial Statements
Identify the steps to prepare and report on personal financial statements in conformity with all applicable current professional standards — and earn up to 4 CPE credits.

Government Auditing Standards and Circular A-133 Audits — AICPA Audit Guide, 2007
This recently updated guide reflects new relevant auditing standards and other guidance issued over the past year.

Didn't find what you were looking for? Visit the AICPA Store.

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This Week's Best Sellers
Compilation and Review 2007/08 — Risk Alert

2007 Individual Tax Returns Videocourse

Accountant’s Business Manual

AICPA Professional Standards

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Career Resources

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AICPA Conferences
Advanced Personal Financial Planning Conference
1/20 - 1/23, Las Vegas, NV
Fair Value Measurement Workshop
2/28 - 2/29, New York, NY
The Audit Committee’s Role in Risk Oversight
3/27 - 3/28, New York, NY
See Full Conferences Calendar
AICPA Webcasts
1/11 - Web Event: Evolution of an Investment Advisory Firm
1/16 - Convert Tax Season Clients Into Year-Round Clients – Leverage Your Trusted AdvisorSM Status
1/24 - Understanding FAS 157

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