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Hundreds of CPAs referred to AICPA for disciplinary charges.(American Institute of Certified Public Accountants)
April 1, 2004... What started out as a pilot project has now grown into a major review of single audits throughout the United States and how auditors determine major programs under the single audit requirements. According to sources in the American Institute of...
Editor's note.(Brief Article)(Editorial)
April 1, 2004... A major development currently taking place is the significant increase in referrals to the AICPA by the Federal Inspector Generals. At this point, there are hundreds of auditors who have been referred and there appears to be no let up in sight....
GASB issues Statement No. 42 on Asset Impairment and Insurance Recoveries.(Governmental Accounting Standards Board)(Statement No. 42, Accounting and Financial Reporting for Impairment of Capital Assets and for Insurance Recoveries)
April 1, 2004... Governmental Accounting Standards Board (GASB) Statement No. 42, Accounting and Financial Reporting for Impairment of Capital Assets and for Insurance Recoveries, (GASB-42) requires governments to report the effects of capital asset impairment...