| DOJ
Charges Jackson Hewitt Franchisees with Fraud |
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By
Allison Schiff
WASHINGTON—In
suits alleging more than $70 million in combined losses to the U.S.
Treasury, the Department of Justice (DOJ) called out Jackson Hewitt
franchises in four states at the beginning of April for what it
called “pervasive fraud.”
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| Society
Comments on SEC Internal Controls Proposal |
| By
Dana A. Dillehunt
NEW YORK—In
response to interpretive guidance for management from the Securities
and Exchange Commission regarding its “evaluation of internal
control over financial reporting,” the Society has issued
a public comment letter stating that, though it found the SEC’s
proposal “well-organized” and replete with “illustrative
examples that add clarity,” also, according to SEC Practice
Committee Chair Mitchell J. Mertz, the proposal
“needs more clarification and guidance.”
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| Technology
Tips for CPAs |
| By
Will Fleenor, CPA, CITP, PhD
There is no
doubt that technology has had a great deal to do with the huge productivity
gains we have seen in the U.S. economy over the past three decades.
This is a well-documented fact. There is also little doubt that
most accountants utilize only a small fraction of the technology
that is potentially available to them. Most are too busy working
to take time out to learn how to work more efficiently.
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