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 June 21, 2010 — In This Newsletter:
Alan Haft

CDs That Pay 12 Percent?
by Alan Haft
It’s not guaranteed, but it's possible.

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Remi Forgeas

Are Critics Against the Adoption of IFRS So Compelling?
by Remi Forgeas, CPA
Lending departments of financial institutions are showing more interest in IFRS. Can this be a sign that financial institutions are more inclined to finance U.S. companies applying IFRS?

Janice Eiseman New Code Provision on the Economic Substance Doctrine
by Janice Eiseman, JD, LLM
Very difficult to apply, but necessary to understand in light of the strict liability penalties associated with the new provision.
Vikram Rajan

Should CPA Firms Send Out Newsletters?
by Vikram Rajan
What you’re missing out if you don’t.

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Temp-to-Hire Option Gains Favor in Cautious Business Environment
Sponsored by Robert Half Finance & Accounting
As the economy improves, many firms are bringing in temporary accounting and finance professionals to help meet business demands and to alleviate uncertainty in the hiring process.

Live Video Webcast: Starting a CPA Practice. June 24, 2-4pm ET. Register here:

Engagement Letters: Spell It Out
Sponsored by CAMICO
Clearly defining an engagement’s scope and services in a letter can help avoid misunderstandings, and minimize chances of a lawsuit. Follow this checklist of ‘Dos’ and ‘Don’ts’.
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New for 2010: The Keir Personal Financial Specialist Credential Exam Review Course
Obtain your PFS credential!  Prepare for the November 2010 PFS Exam with a 32.5 hour CPE self-study course covering estate, retirement, tax, investment and insurance planning. Discounts are available. Order at CPA2Biz website. For more information, go to aicpa.org/pfp/pfs.

Deloitte Forensic Center Study Shows 62% of Respondents Concerned About E-Discovery Challenges Posed by Social Media

Additional Technical Practice Aid Issued on Subsequent Events
Technical Practice Aid 8700.03 provides guidance on the effect of FASB Accounting Standards Update No. 2010-09 on ASC 855 on the auditor’s responsibilities for subsequent events relative to a conduit debt obligor.

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Free CPA Web Seminar: Develop a Compelling Client Business Case for Cloud-Based Accounting Services
June 24, 2-3 pm EDT. Learn best practices for developing client proposals - including performing client assessments, costing and packaging your services with new checklists and estimating tools. Learn more.

Applying A-133 to Nonprofit and Governmental Organizations
Become more efficient and effective at planning and performing audits in accordance with the requirements of Circular A-133 and the Single Audit Act Amendments. Earn up to 24 CPE Credits.

Compilation and Review Engagements Guide
The Guide features information on implementing SSARS No. 19, Compilation and Review Engagements, including illustrative engagement and representation letters, sample compilation and review reports, detailed illustrations and case studies.

Auditing Revenue in Certain Industries — AICPA Audit Guide
This guide summarizes new standards, guidance and practices, and delivers "how-to" advice for handling audit and accounting issues related to revenue recognition, focusing on the computer software and high-technology manufacturing industries and related financial statement considerations.

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

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