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 January 26, 2009 — In This Newsletter:

What Would Warren Buffet Do?
by Rick Telberg/At Large
Some good advice for CPAs dealing with the stock market crash.

IFRS for Private Entities
by Steven Brice
What are the implications for private entities in Europe and the U.S. as the IASB considers how IFRS should be made accessible to them?

The Forensic Accountant's Toolbox
by Walter Jakl, CPA/CFE
How to choose the right tool to get the job done.

Plan for the Worst in 2009 and the Best May Happen
by Cindie Jamison, CPA
Four innovative techniques show you how.

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Weekly Spotlight

Workflow Automation on the Rise
by James Bourke, CPA.CITP
Here's why.

Time and Labor Management
Sponsored by Paychex
Want to help your clients save time, money and effort? You can start by taking a look at their time and attendance reporting. Learn more.

IRS, Treasury Guidance Responding to 2008 Economic Crisis (PDF)
Sponsored by BNA Tax & Accounting
Get the all the details from BNA Tax & Accounting.

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New and Noteworthy

Economic Crisis: Plan for the Worst and the Best Might Happen
Experts divulge how to budget conservatively, measuring success for incentive plan purposes and how to buy back stock among others.
January 28.

Balance Consulting Collaborates With Accounts Payable
Now & Tomorrow

The collaboration brings together the 16th Annual Tax Information Reporting and AP Leadership Conference as well as other much-needed educational services.

Practice Aid for Auditors on Alternative Investments
Just as relevant today as when issued in 2006, the AICPA’s Practice Aid (PDF) addresses challenges associated with auditing investments for which a readily determinable fair value does not exist.

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New in the CPA2Biz Store

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Current Economic Crisis: Accounting and Auditing Considerations
2009 — Audit Risk Alert

These tough economic times have made accounting for transactions and auditing entities more challenging than ever. This new Alert is an important tool in helping you identify the significant risks that may result in the material misstatement of financial statements.

Inherited IRAs — What the Practitioner Needs to Know
Know the common errors involving retirement distributions where a few missteps can wipe out a substantial portion of inherited IRA assets.

Essentials of Valuing a Closely Held Business
Author Gary Trugman focuses on the core concepts practitioners new to valuation need to understand and gives you quick access to valuation reporting examples for your practice.

Are You Ready for IFRS? Moving Beyond the Basics
For those with a high-level understanding of the changes, this new self-study course will help solidify your knowledge of the similarities and differences between IFRS and U.S. GAAP. Earn 18 CPE credits.

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

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This Week's Best Sellers

Accounting Trends & Techniques,
62nd Edition

Investment Companies — Checklist Supplement and Illustrative Financial Statements

AICPA's Annual Federal Tax Update, 2008 Edition

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The Present and Future of
Cost Sharing

Register today for the BNA Conference on February 19!

Career Resources
AICPA Conferences
Fair Value Measurements Workshop
2/26 - 2/27, New York, NY

The Board and Audit Committee's Role in Risk Oversight
3/26 - 3/27, New York, NY

International Business, Accounting, Auditing and Tax
4/30 - 5/1, Washington, DC
See Full Conferences Calendar
AICPA Webcasts
1/28 - Economic Crisis: Plan for the Worst and the Best Might Happen

2/12 - Ponzi Schemes, Bernard Madoff and Beyond


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