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 June 7, 2010 — In This Newsletter:
Leonard Wright Certified Public Accountants, the Preferred Financial Planner
by Leonard Wright, CPA, PFS

How you can profit from strategic relationships.

SurePrep. 25 FREE returns! Test drive it today:

Jason Rosenthal The Accountant-Client Privilege: Does It Exist?
by Jason Rosenthal, JD
Are your communications with clients protected from disclosure to third-parties? The answer will depend on the applicable law and the nature of the communication.
Tim ShortsleeveBobbie Rosenberg The Firm of the Future Can Be Your Firm Today!
by Tim Shortsleeve, CPA.CITP and
Bobbie Rosenberg, CPA

Here’s how.
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Philadelphia Tax Amnesty. Now’s the time. May 3 – June 25. Click here for more information:

The Next Frontier of Tax Workpapers
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SurePrep president and CEO David Wyle says a few leading firms are showing the way.

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It’s been almost 25 years since the last Philadelphia Tax Amnesty. For tax delinquents who miss this one, there will never be another.

Why talk to only one buyer, when you could take your pick? Accounting Practice Sales. We’ve got you covered. Click here to learn more:

Show Me the Money: How CPA Firms Are Sold
Sponsored by Accounting Practice Sales
Whether you are buying or selling a practice you need to know your options when it comes to terms. Learn the four ways that CPA firms are sold today.

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Chairman Schapiro Statement on FASB-IASB Decision to Modify Timing of Certain Convergence Projects

Federal Trade Commission Delays ‘Red Flags’ Rule Until December 31, 2010

Additional Proposed Statement on Auditing Standards Resulting From Clarity Project
Comments due August 2 on Proposed SAS (PDF), Filings With the U.S. Securities and Exchange Commission Under the Securities Act of 1933: Supersedes AU section 711 (PDF) in AICPA Professional Standards.
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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.

AICPA's Guide to Business Combinations, Goodwill and Other Consolidation Issues
Learn how FASB ASC 805, Business Combinations (SFAS No. 141R) and FASB ASC 810, Consolidation (SFAS No. 160) have changed the rules for business combinations and accounting for noncontrolling interests. Earn 8 CPE credits.

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

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VIDEO: Developing a Good Client Relationship AICPA Director -- Specialized Communities & Firm Practice Management, Mark Koziel, reveal secrets to your success. Watch here:
Developing a Good Client Relationship
AICPA Director — Specialized Communities & Firm Practice Management, Mark Koziel, reveal secrets to your success.
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Career Resources
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International Business, Accounting, Auditing and Tax Conference
6/23 - 6/24, Washington, DC
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7/19 - 7/23, Atlanta, GA
AICPA Advanced Estate Planning Conference
7/26 - 7/28, Washington, DC
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AICPA Webcasts
6/10 - 2010 HIRE Act: Understanding the Employer Incentives
6/15 - Damages Assessment in Intellectual Property Litigation
6/17 - Internal Investigations: Was It Ignorance, Negligence or Fraud?
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