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  • GASB Issues Concepts Statement on Measurement of Assets and Liabilities

    April 15, 2014
    The Governmental Accounting Standards Board has issued Concepts Statement No. 6, Measurement of Elements of Financial Statements, which will guide the GASB in establishing accounting and financial reporting standards for U.S. state and local governments regarding the measurement of assets and liabilities.
  • IRS Reiterates Warning of Pervasive Telephone Scam

    April 14, 2014
    As the 2014 filing season nears an end, the Internal Revenue Service has issued another strong warning for consumers to guard against sophisticated and aggressive phone scams targeting taxpayers, including recent immigrants, as reported incidents of this crime continue to rise nationwide.
  • IRS Reminds Those with Foreign Assets of U.S. Tax Obligations

    April 11, 2014
    The Internal Revenue Service reminds U.S. citizens and resident aliens, including those with dual citizenship who have lived or worked abroad during all or part of 2013, that they may have a U.S. tax liability and a filing requirement in 2014.
  • "Top Ten Accountant Pet Peeves" from the Late Show with David Letterman

    April 10, 2014
    Ten local accountants appeared on the Late Show with David Letterman on Tuesday to share the "Top Ten Accountant Pet Peeves."
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