By selecting the appropriate benchmark for a client's mutual fund investment, CPAs have a standard they can use to measure the fund's performance. Different kinds of funds are best judged by different benchmarks, depending on the investment style of the fund. A new private-sector working group on public disclosure will focus on financial disclosure recommendations with particular reference to large, complex organizations from both the banking and nonbanking sectors. The Internet Smart stops on the Web. By the Numbers When it comes to selecting an employer, executives value a company's reputation and stability.
Smaller firms attract accounting grads.
Top errors on innocent spouse relief form. Tax Matters Tax News. IRS announces the start of its large and midsize business division. Contingent fees paid to an attorney were taxed as income even though the taxpayer never was entitled to them. Tax Court disallows accuracy penalty in a case of first impression involving the unclear application of a code amendment.