September 2006/Vol. LXXVI, No. 9

Perspectives

Perceived Flaws in Sarbanes-Oxley Implementation

Stabilizing the Estate Tax

State Securities Regulators Release 'Unlucky 13' Investor Traps

The Wall Street Journal Complete Money & Investing Guidebook

Inbox: Letter to the Editor

InFocus

The Battle Against Fraud: Seeking the Accounting Profession's Support

Essentials

Accounting & Auditing
Internal Controls
Guidance for Smaller Public Companies Reporting on Internal Controls

Accounting
Is Diluted EPS Becoming More Art Than Fact?

A New Lease on Life

Using Lattice Models to Value Employee Stock Options Under SFAS
123(R)

International Accounting
The Quest for Transparency in Financial Reporting

Taxation
Federal Taxation
Recent Refund Case Highlights IRS Tactics and Informal Claim Doctrine

Corporate Taxation
Inside the New Schedule M-3

Finance
Personal Financial Planning
Guidance on the Reduced Exclusion for the Sale of a Principal Residence

Markets & Investments
A Primer on Exchange Traded Funds: Purpose, Operation, and Risk

Estate Planning
Understanding the Pitfalls of Beneficiary Designation Forms

Management
Employee Benefits Plans
The Disadvantages of Multiple Retirement-Plan Vendors

Responsibilities & Leadership
Perceptions of the Profession
Losing the Public's Trust: Third-Party Service Providers and Disclosure

Technology
What to Bookmark
Website of the Month: Alliance for Investor Education

Economic & Market Data
Monthly Update
(requires Adobe Acrobat)

Editorial
Financial Statement Complexity: A Breeding Ground for Fraud



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