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Government Accounting and Auditing Conference<br />
Date: Tuesday, May 4<br />
Course Code: 25144041<br />
Location: Albany Marriott<br />
Fields of Study: Accounting, Auditing<br />
Cost: $345 Members; $445 Nonmembers<br />
<br />
Employee Benefits Conference<br />
Date: Thursday, May 6<br />
Course Code: 25621011<br />
Location: FAE Conference Center<br />
Fields of Study: Accounting, Auditing, Taxation<br />
Cost: $325 Members; $425 Nonmembers<br />
<br />
Broker/Dealer Conference<br />
Date: Tuesday, May 11<br /><a title="CPAJ March 1, 2010 page 1" href="http://viewer.zmags.com/publication/d005a42e?page=1">IFRS GuidancePreparing for the Transition</a> IFRS GuidancePreparing for the Transition<a title="CPAJ March 1, 2010 page 2" href="http://viewer.zmags.com/publication/d005a42e?page=2"></a> <a title="CPAJ March 1, 2010 page 3" href="http://viewer.zmags.com/publication/d005a42e?page=3"></a> <a title="CPAJ March 1, 2010 page 4" href="http://viewer.zmags.com/publication/d005a42e?page=4">C ONTENTSmarch 2010 </a> C ONTENTSmarch 2010 <a title="CPAJ March 1, 2010 page 5" href="http://viewer.zmags.com/publication/d005a42e?page=5">vol. LXXX/no.36PERSPECTI</a> vol. LXXX/no.36PERSPECTI<a title="CPAJ March 1, 2010 page 6" href="http://viewer.zmags.com/publication/d005a42e?page=6"> PublisherLOUIS GRUMET Associate Pu</a> PublisherLOUIS GRUMET Associate Pu<a title="CPAJ March 1, 2010 page 7" href="http://viewer.zmags.com/publication/d005a42e?page=7"></a> <a title="CPAJ March 1, 2010 page 8" href="http://viewer.zmags.com/publication/d005a42e?page=8">P ERSPECTIVESinternational accountingTra</a> P ERSPECTIVESinternational accountingTra<a title="CPAJ March 1, 2010 page 9" href="http://viewer.zmags.com/publication/d005a42e?page=9">publisher's columnLiving Up To the Pecora </a> publisher's columnLiving Up To the Pecora <a title="CPAJ March 1, 2010 page 10" href="http://viewer.zmags.com/publication/d005a42e?page=10">(Continued from page 6)creditors need to accurat</a> (Continued from page 6)creditors need to accurat<a title="CPAJ March 1, 2010 page 11" href="http://viewer.zmags.com/publication/d005a42e?page=11"> The current economic downturn is notonly affe</a> The current economic downturn is notonly affe<a title="CPAJ March 1, 2010 page 12" href="http://viewer.zmags.com/publication/d005a42e?page=12">Essentials of Business Ethics:Creating an Organi</a> Essentials of Business Ethics:Creating an Organi<a title="CPAJ March 1, 2010 page 13" href="http://viewer.zmags.com/publication/d005a42e?page=13">inbox: letters to the editorEthics: An U</a> inbox: letters to the editorEthics: An U<a title="CPAJ March 1, 2010 page 14" href="http://viewer.zmags.com/publication/d005a42e?page=14">InFocus</a> InFocus<a title="CPAJ March 1, 2010 page 15" href="http://viewer.zmags.com/publication/d005a42e?page=15">AdoptingIFRSGuidance for U.S. Entities Under IF</a> AdoptingIFRSGuidance for U.S. Entities Under IF<a title="CPAJ March 1, 2010 page 16" href="http://viewer.zmags.com/publication/d005a42e?page=16"> Like first-time adopters of IFRSaround the wo</a> Like first-time adopters of IFRSaround the wo<a title="CPAJ March 1, 2010 page 17" href="http://viewer.zmags.com/publication/d005a42e?page=17">policies in its opening IFRS statement offinanci</a> policies in its opening IFRS statement offinanci<a title="CPAJ March 1, 2010 page 18" href="http://viewer.zmags.com/publication/d005a42e?page=18"> IAS 21, The Effects of Changes inForeign Exch</a> IAS 21, The Effects of Changes inForeign Exch<a title="CPAJ March 1, 2010 page 19" href="http://viewer.zmags.com/publication/d005a42e?page=19">time adopter for its separate financial state-me</a> time adopter for its separate financial state-me<a title="CPAJ March 1, 2010 page 20" href="http://viewer.zmags.com/publication/d005a42e?page=20">ment or intangible assets (IAS 16, IAS 38);■ C</a> ment or intangible assets (IAS 16, IAS 38);■ C<a title="CPAJ March 1, 2010 page 21" href="http://viewer.zmags.com/publication/d005a42e?page=21">FAE's Discount Programs Can Save You </a> FAE's Discount Programs Can Save You <a title="CPAJ March 1, 2010 page 22" href="http://viewer.zmags.com/publication/d005a42e?page=22">A CCOUNTING & AUDITINGinternational accoun</a> A CCOUNTING & AUDITINGinternational accoun<a title="CPAJ March 1, 2010 page 23" href="http://viewer.zmags.com/publication/d005a42e?page=23"> IFRS still contains alternative treatments,t</a> IFRS still contains alternative treatments,t<a title="CPAJ March 1, 2010 page 24" href="http://viewer.zmags.com/publication/d005a42e?page=24">and financial management personnel close tothe f</a> and financial management personnel close tothe f<a title="CPAJ March 1, 2010 page 25" href="http://viewer.zmags.com/publication/d005a42e?page=25">such important inconsistencies in the firstinsta</a> such important inconsistencies in the firstinsta<a title="CPAJ March 1, 2010 page 26" href="http://viewer.zmags.com/publication/d005a42e?page=26">A CCOUNTING & AUDITINGaccountingRese</a> A CCOUNTING & AUDITINGaccountingRese<a title="CPAJ March 1, 2010 page 27" href="http://viewer.zmags.com/publication/d005a42e?page=27">seen a sharp jump. Use of the term in theasset s</a> seen a sharp jump. Use of the term in theasset s<a title="CPAJ March 1, 2010 page 28" href="http://viewer.zmags.com/publication/d005a42e?page=28"> Banks and insurance companies have ble tha</a> Banks and insurance companies have ble tha<a title="CPAJ March 1, 2010 page 29" href="http://viewer.zmags.com/publication/d005a42e?page=29">All conferencesnow being webcast—visit our webs</a> All conferencesnow being webcast—visit our webs<a title="CPAJ March 1, 2010 page 30" href="http://viewer.zmags.com/publication/d005a42e?page=30">A CCOUNTING & AUDITINGinternational accoun</a> A CCOUNTING & AUDITINGinternational accoun<a title="CPAJ March 1, 2010 page 31" href="http://viewer.zmags.com/publication/d005a42e?page=31">provide a hierarchy for determining fairvalue. </a> provide a hierarchy for determining fairvalue. <a title="CPAJ March 1, 2010 page 32" href="http://viewer.zmags.com/publication/d005a42e?page=32"> possible efforts to obtain information abou</a> possible efforts to obtain information abou<a title="CPAJ March 1, 2010 page 33" href="http://viewer.zmags.com/publication/d005a42e?page=33">term hedging, when the hedging instrumenthas a l</a> term hedging, when the hedging instrumenthas a l<a title="CPAJ March 1, 2010 page 34" href="http://viewer.zmags.com/publication/d005a42e?page=34"> Subsequent to the hedge, adjustmentsto the ca</a> Subsequent to the hedge, adjustmentsto the ca<a title="CPAJ March 1, 2010 page 35" href="http://viewer.zmags.com/publication/d005a42e?page=35">Reset Date 3-Month LiborJu</a> Reset Date 3-Month LiborJu<a title="CPAJ March 1, 2010 page 36" href="http://viewer.zmags.com/publication/d005a42e?page=36">bonds, whereas the original method dis-aggregate</a> bonds, whereas the original method dis-aggregate<a title="CPAJ March 1, 2010 page 37" href="http://viewer.zmags.com/publication/d005a42e?page=37">assumes that the hedging relationship is nothigh</a> assumes that the hedging relationship is nothigh<a title="CPAJ March 1, 2010 page 38" href="http://viewer.zmags.com/publication/d005a42e?page=38">T AXATIONfederal taxation</a> T AXATIONfederal taxation<a title="CPAJ March 1, 2010 page 39" href="http://viewer.zmags.com/publication/d005a42e?page=39">and (2) (section 183[c]). Thus, taxpay-ers canno</a> and (2) (section 183[c]). Thus, taxpay-ers canno<a title="CPAJ March 1, 2010 page 40" href="http://viewer.zmags.com/publication/d005a42e?page=40"> </a> <a title="CPAJ March 1, 2010 page 41" href="http://viewer.zmags.com/publication/d005a42e?page=41">notes were issued with little likelihood ofrepay</a> notes were issued with little likelihood ofrepay<a title="CPAJ March 1, 2010 page 42" href="http://viewer.zmags.com/publication/d005a42e?page=42"> </a> <a title="CPAJ March 1, 2010 page 43" href="http://viewer.zmags.com/publication/d005a42e?page=43">(Treasury Regulations section 1.183-2[b][4]). A </a> (Treasury Regulations section 1.183-2[b][4]). A <a title="CPAJ March 1, 2010 page 44" href="http://viewer.zmags.com/publication/d005a42e?page=44">a profit (Krebs). Another court ruledagainst an </a> a profit (Krebs). Another court ruledagainst an <a title="CPAJ March 1, 2010 page 45" href="http://viewer.zmags.com/publication/d005a42e?page=45">never been a prerequisite to deductibility”(Jack</a> never been a prerequisite to deductibility”(Jack<a title="CPAJ March 1, 2010 page 46" href="http://viewer.zmags.com/publication/d005a42e?page=46">T AXATIONinternational taxationPersonal </a> T AXATIONinternational taxationPersonal <a title="CPAJ March 1, 2010 page 47" href="http://viewer.zmags.com/publication/d005a42e?page=47">national students to file the form—even ifthey d</a> national students to file the form—even ifthey d<a title="CPAJ March 1, 2010 page 48" href="http://viewer.zmags.com/publication/d005a42e?page=48">taxation on certain items of income (IRSPublicat</a> taxation on certain items of income (IRSPublicat<a title="CPAJ March 1, 2010 page 49" href="http://viewer.zmags.com/publication/d005a42e?page=49"> </a> <a title="CPAJ March 1, 2010 page 50" href="http://viewer.zmags.com/publication/d005a42e?page=50">EXHIBIT 2 (Continued)CountryAmounts Received f</a> EXHIBIT 2 (Continued)CountryAmounts Received f<a title="CPAJ March 1, 2010 page 51" href="http://viewer.zmags.com/publication/d005a42e?page=51">EXHIBIT 2 (Continued)CountryAmounts Received f</a> EXHIBIT 2 (Continued)CountryAmounts Received f<a title="CPAJ March 1, 2010 page 52" href="http://viewer.zmags.com/publication/d005a42e?page=52">EXHIBIT 2 (Continued)CountryAmounts Received f</a> EXHIBIT 2 (Continued)CountryAmounts Received f<a title="CPAJ March 1, 2010 page 53" href="http://viewer.zmags.com/publication/d005a42e?page=53">T AXATIONtax incentivesGoing Green with Pr</a> T AXATIONtax incentivesGoing Green with Pr<a title="CPAJ March 1, 2010 page 54" href="http://viewer.zmags.com/publication/d005a42e?page=54">Modified Accelerated Cost RecoverySystem (MACRS)</a> Modified Accelerated Cost RecoverySystem (MACRS)<a title="CPAJ March 1, 2010 page 55" href="http://viewer.zmags.com/publication/d005a42e?page=55">and boats for business purposes. EffectiveOctobe</a> and boats for business purposes. EffectiveOctobe<a title="CPAJ March 1, 2010 page 56" href="http://viewer.zmags.com/publication/d005a42e?page=56">825). The American Recovery andReinvestment Act </a> 825). The American Recovery andReinvestment Act <a title="CPAJ March 1, 2010 page 57" href="http://viewer.zmags.com/publication/d005a42e?page=57"> If a propane bus is sold to a tax-exemptentit</a> If a propane bus is sold to a tax-exemptentit<a title="CPAJ March 1, 2010 page 58" href="http://viewer.zmags.com/publication/d005a42e?page=58">F INANCEemployee benefit plansA Loomin</a> F INANCEemployee benefit plansA Loomin<a title="CPAJ March 1, 2010 page 59" href="http://viewer.zmags.com/publication/d005a42e?page=59">adequate to pay the ultimate total obliga-tions </a> adequate to pay the ultimate total obliga-tions <a title="CPAJ March 1, 2010 page 60" href="http://viewer.zmags.com/publication/d005a42e?page=60">public-sector employers may be able topostpone m</a> public-sector employers may be able topostpone m<a title="CPAJ March 1, 2010 page 61" href="http://viewer.zmags.com/publication/d005a42e?page=61">M ANAGEMENTpractice management Desire</a> M ANAGEMENTpractice management Desire<a title="CPAJ March 1, 2010 page 62" href="http://viewer.zmags.com/publication/d005a42e?page=62">identify whether there are any attributesthat se</a> identify whether there are any attributesthat se<a title="CPAJ March 1, 2010 page 63" href="http://viewer.zmags.com/publication/d005a42e?page=63">■ Passive management by exception. Theleader i</a> ■ Passive management by exception. Theleader i<a title="CPAJ March 1, 2010 page 64" href="http://viewer.zmags.com/publication/d005a42e?page=64"> As the data was parsed further, therewere not</a> As the data was parsed further, therewere not<a title="CPAJ March 1, 2010 page 65" href="http://viewer.zmags.com/publication/d005a42e?page=65">R ESPONSIBILITIES & LEADERSHIPethics</a> R ESPONSIBILITIES & LEADERSHIPethics<a title="CPAJ March 1, 2010 page 66" href="http://viewer.zmags.com/publication/d005a42e?page=66">the context of the discussion below, thearticles</a> the context of the discussion below, thearticles<a title="CPAJ March 1, 2010 page 67" href="http://viewer.zmags.com/publication/d005a42e?page=67">subordination of principle. It also requiresaudi</a> subordination of principle. It also requiresaudi<a title="CPAJ March 1, 2010 page 68" href="http://viewer.zmags.com/publication/d005a42e?page=68">The rules, however, generally address theappeara</a> The rules, however, generally address theappeara<a title="CPAJ March 1, 2010 page 69" href="http://viewer.zmags.com/publication/d005a42e?page=69">to be deduced from the actions of anauditor duri</a> to be deduced from the actions of anauditor duri<a title="CPAJ March 1, 2010 page 70" href="http://viewer.zmags.com/publication/d005a42e?page=70">ment when independence may not actuallybe impair</a> ment when independence may not actuallybe impair<a title="CPAJ March 1, 2010 page 71" href="http://viewer.zmags.com/publication/d005a42e?page=71">T ECHNOLOGYelectronic reportingUsing XB</a> T ECHNOLOGYelectronic reportingUsing XB<a title="CPAJ March 1, 2010 page 72" href="http://viewer.zmags.com/publication/d005a42e?page=72"> Pages 1 to 5 of the 10-Q of the PDF canbe us</a> Pages 1 to 5 of the 10-Q of the PDF canbe us<a title="CPAJ March 1, 2010 page 73" href="http://viewer.zmags.com/publication/d005a42e?page=73">data. To remove the tag names and usecustom name</a> data. To remove the tag names and usecustom name<a title="CPAJ March 1, 2010 page 74" href="http://viewer.zmags.com/publication/d005a42e?page=74">in the input data have no effect on theoutput in</a> in the input data have no effect on theoutput in<a title="CPAJ March 1, 2010 page 75" href="http://viewer.zmags.com/publication/d005a42e?page=75">T ECHNOLOGYwhat to bookmarkWebsite of </a> T ECHNOLOGYwhat to bookmarkWebsite of <a title="CPAJ March 1, 2010 page 76" href="http://viewer.zmags.com/publication/d005a42e?page=76">Classified PROFESSIONAL OPPORTUNITY l BUSINESS l</a> Classified PROFESSIONAL OPPORTUNITY l BUSINESS l<a title="CPAJ March 1, 2010 page 77" href="http://viewer.zmags.com/publication/d005a42e?page=77">A well-established full-service CPA firm seeks me</a> A well-established full-service CPA firm seeks me<a title="CPAJ March 1, 2010 page 78" href="http://viewer.zmags.com/publication/d005a42e?page=78">SALES TAX, AUDITS, APPEALS,& CONSULTATIONS.Expe</a> SALES TAX, AUDITS, APPEALS,& CONSULTATIONS.Expe<a title="CPAJ March 1, 2010 page 79" href="http://viewer.zmags.com/publication/d005a42e?page=79">Classified Rates Rates</a> Classified Rates Rates<a title="CPAJ March 1, 2010 page 80" href="http://viewer.zmags.com/publication/d005a42e?page=80"> </a> <a title="CPAJ March 1, 2010 page 81" href="http://viewer.zmags.com/publication/d005a42e?page=81">E CONOMIC & MARKET D ATAmonthly update</a> E CONOMIC & MARKET D ATAmonthly update<a title="CPAJ March 1, 2010 page 82" href="http://viewer.zmags.com/publication/d005a42e?page=82">E DITORIALa message from the editor-in-chie</a> E DITORIALa message from the editor-in-chie<a title="CPAJ March 1, 2010 page 83" href="http://viewer.zmags.com/publication/d005a42e?page=83"></a> <a title="CPAJ March 1, 2010 page 84" href="http://viewer.zmags.com/publication/d005a42e?page=84"></a>