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Accounting/Auditing >> |
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Applying JIT Manufacturing Concepts to the Audit Process
"Let's take a look at how we can apply
... basic manufacturing concepts to the audit process to achieve
... improved client service and a more efficient audit.”
Read More (PDF).
(ACCOUNT-ability Plus, LLC)
Call for Peer Reviewers
Illinois law makes it mandatory that firms and sole practitioners performing licensed services in Illinois complete a peer review in the 3-year period immediately preceding their 2012 license renewal. As a result, there will be a significant shortage of reviewers once these new firms and sole practitioners enroll.
Learn More.
(ICPAS)
SSARS 19 Impact on Your Peer Review
"The AICPA Peer Review Board recently issued guidance to peer reviewers indicating that failure to adopt one or more of the new provisions in SSARS No. 19 should be considered a significant departure from professional standards on an engagement peer review resulting in a
'pass with deficiencies' or 'fail' report."
Learn More.
(ICPAS)
10 Peer Review Pitfalls
"The past several years have been
tumultuous for our profession.... [W]e
have attempted to identify the top
10 pitfalls to avoid on your next
peer review."
Read More.
(ICPAS)
ICPAS Responses to FASB
Technical Updates
Below are the most recent exposure drafts. Review the complete
list on the ICPAS website:
Accounting, Auditing, Governmental, Compilation
and Review.
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FASB |
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SEC |
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Implementation Guidance
ICPAS maintains
a table of newly issued
Accounting,
Auditing,,
Governmental,,
Compilation
and Review
standards, with a link to the corresponding resources
for members.
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Tax Matters >> |
Taxation
Committee Reports
Catch up on Past Taxation Committee Reports
IRS
Briefs
Enforcement of New Return Preparer Rules Begins
"The IRS is taking steps to stop tax
preparers with criminal tax convictions
or permanent injunctions from preparing
tax returns."
Read More. (IRS)
Office of Professional Responsibility Prevails
"The IRS ... prevailed in an agency appeal against a Florida certified public accountant
... after he pled guilty to a tax misdemeanor.”
Read More.
(IRS)
IRS
Technical Guidance
Announcements
Announcement
2011-29 reinstates the
renewal period for enrolled agents whose
tax identification numbers end in 4, 5,
or 6.
Notices
Notice 2011-37
provides interim guidance on the
treatment under section 67 of the Code
of investment advisory costs and other
costs subject to the 2-percent floor
under section 67(a).
Notice 2011-39
invites public comment on ... items that
should be included on the 2011-2012
Guidance Priority List.
Revenue Procedures
Revenue Procedure
2011-30 provides a safe
harbor under section 118(a) of the
Internal Revenue Code for certain awards
received by corporate taxpayers under
the following Department of Energy
programs: Clean Coal Power Initiative
Round 3, Carbon Capture and
Sequestration from Industrial Sources
and Innovative Concepts for Beneficial
CO2 Use, and FutureGen 2.0.
Revenue Rulings
Revenue Ruling
2011-11 provides various
prescribed rates for federal income tax
purposes for May 2011.
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Practice Management >> |
AICPA Offers IFRS Certificate Program
"With IFRS expertise and experience,
CPAs can carve out a niche with
multinational corporations or companies
doing business abroad."
Read More.
(AICPA)
Accounting for Life
"CPA lives better, works less thanks to
art of deduction."
Read More.
(Wall Street Journal)
Mind Your Online Reputation
"Like it or not, you probably have an online reputation; it's
now up to you to monitor and manage it."
Read More.
(Build Your Firm)
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ICPAS Updates >> |
Performance Evaluation and Mentoring
Survey
Dr. Mollie Adams, assistant
professor at Bradley University and Dr.
Suzanne Seymoure, assistant professor at
Ball State University are conducting a
survey to gather information about the
performance evaluation and mentoring
processes at public accounting firms.
Learn More.
(ICPAS)
ICPAS in the News
View our
Recent Press Coverage
to see our latest media coverage.
Pave the
Way for Future CPAs
Support the future of the CPA profession
with a gift to the CPA Endowment Fund
of Illinois.
Learn More.
(ICPAS)
Follow ICPAS on Twitter
& Join in the
Discussion!
Check out
@IllinoisCPA, the Twitter page
for ICPAS members to get the latest on
courses, events and news.
Recommend @thriftitude
ICPAS also has a Twitter page,
@thriftitude, for consumers with
definitions, local deals and reminders.
Pass it along to clients, families and
friends.
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you need, click:
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CPE >>
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Business Valuation Symposium
May 10
Chicago, IL
Credit Hours: 8
Learn More & Register.
Applying JIT Manufacturing Concepts to Improve the Audit Process
May 11
Webinar
Credit Hours:
2
Learn More & Register.
Upcoming Peer
Review:
Is Your Firm Ready?
June 24
Chicago, IL
September 26
Bloomington, IL
Credit Hours: 8
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Who's Hiring? >> |
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IT Portfolio Support Specialist
Grant Thornton
Oakbrook Terrace, IL
Staff Accountant
Caldwell, Coren & Sceggel
Darien, IL
Fiduciary Tax Accountant
Chicago Family Office
Chicago, IL
Audit Specialist
RSM McGladrey, Inc.
Peoria, IL |
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Career Center
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See Who's Hiring:
Apply to our latest list of open positions.
Post Your Resume:
Be seen by today's prestigious employers.
Find a Career Coach:
Learn
about and find the career coach that's right for
you.
Search
Firms:
Access a list of accounting recruiters.
Networking:
ICPAS networking event, including chapter programs.
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