A
Service of NYSSCPA.org
Vol.
6, No. 12
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| March 23, 2006 | A
Service of NYSSCPA.org |
Vol.
6, No. 12
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Dear Subscriber This week in the E-zine: A treasurer testifies at the Enron trial; the KPMG settlement is revised; we look around the SEC, review foreign income tax reclamation and previewthe Government and Public School Audit Conference.The NYSSCPA E-zine staff will continue to cover and report on these topics that are important to New York area CPAs. Further, staff members of the Society and FAE also stand ready to help with questions on CPE and FAE courses, conferences and seminars. Thank you for your continued interest. Sincerely, NYSSCPA.org Web Site Staff
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News
Stories
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| Treasurer: Lay, Skilling OKd Off-Books Financing HOUSTON -- Ben Glisan, who was Enron Corp.'s treasurer, testified this week that former Chief Executive Jeffrey Skilling and former Enron Chief Executive Kenneth Lay approved the use of off-the-books financing to hide Enron Corp.'s losses from auditors and investors. | |||||
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KPMG Revises Terms of Payout in Settlement NEW YORK -- KPMG and law firm Sidley Austin LLP agreed to a new settlement in the class-action lawsuit related to the sale of questionable tax shelters, The Wall Street Journal reported Thursday. | |||||
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NEW YORK -- This week in the SEC: Investigations intensify into Mills, AremisSoft, Fairfax and CyberCare; the chairman backs a hybrid stock market and new technologies; and the former Gemstar-TV Guide head is found liable. | |||||
| Foreign Income Tax Reclamation: Claim It or Lose It NEW YORK -- Tax withholding, or the “pay-as-you-go” system that has been in place in America since President Franklin D. Roosevelt and World War II, is not merely a domestic experience, it is an international issue that crosses all borders. | |||||
| Hevesi to Address School and Public Authority Audits NEW YORK -- In response to the accounting and reporting issues facing public authorities, public school, and other government entities, the FAE has developed the Government and Public School Audit Conference. | |||||
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Sen.
LaValle’s Accountancy Reform Bill Advances to Third Reading
on Senate Floor:
-
