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| December 15, 2005 | The
Newspaper of the NYSSCPA |
Vol.
8, No.22 |
| State Board Discusses Peer Review Reform, CPA Exam |
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NEW YORK—At its Nov. 16 meeting, the New York State Board for Public Accountancy heard presentations on and discussed some of the most pressing issues currently facing the accounting profession, including peer review reform, computer-based testing (CBT) of prospective CPAs and the relevancy of Sarbanes-Oxley (SOX) Section 404 preparation to meet experience requirements. |
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| FASB To Study Pension Reporting |
| NEW YORK—The Financial Accounting Standards Board on Nov. 10 voted to add a project to its agenda to study pension and other postretirement accounting methods. FASB announced that the study project would reconsider guidance in Statement No. 87, Employers’ Accounting for Pensions, and Statement No. 106, Employers’ Accounting for Postretirement Benefits Other Than Pensions. Continue... |
| Hevesi Tightens Reins on Public Authorities |
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ALBANY, N.Y.—The
New York State Comptroller’s Office on Nov. 16 publicly announced
draft regulations that aim to revamp and increase financial reporting
by public authorities that are statewide in scope or have “regional
significance.”
Continue... |
| Commentary |
| By Arthur Bloom, President, FAE Board of Trustees At the Foundation for Accounting Education’s Board of Trustees meeting Nov. 2, we talked at length about the Foundation’s continuing professional education (CPE) curriculum. Continue... |
| Chapter Newsletters |
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