Monthly Archives: June 2009

CPAs See Recession Relief

Posted on June 26, 2009 by The Webmaster

The American Institute of Certified Public Accountants (full disclosure: Seale and Beers is a member) today released the results of a survey it took where it asked about a thousand small and medium sized firm CPAs when they thought the … Continue reading →

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Micro-cap In The Bedroom

Posted on June 26, 2009 by The Webmaster

Many public micro- and nano-cap companies are run out of home offices. In fact, there are home offices that serve as headquarters for multiple micro- and nano-cap companies. If you are in that position, you will be interested to read … Continue reading →

Posted in Accounting How-to, Business Advice, Government | Leave a comment

The FASB Codification: Access Levels

Posted on June 24, 2009 by The Webmaster

The Financial Accounting Standards Board plans to allow a basic level of access to the new codification of GAAP for free. This is great news for students, scholars, journalists, and casual users. Professionals – either CPAs or company CFOs and … Continue reading →

Posted in GAAP | Leave a comment

Big GAAP Change, or No Change At All?

Posted on June 22, 2009 by The Webmaster

The AICPA says it’s the biggest change in GAAP in 50 years… but it doesn’t change GAAP. Sounds like the kind of a riddle one would find in a Monty Python movie, but it is actually the “GAAP Codification Project.” … Continue reading →

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SOX 404(b) Reprieve Not Likely

Posted on June 19, 2009 by The Webmaster

The internal control audit mandated by Sarbanes-Oxley has been delayed for smaller reporting companies two or three times this decade… with the latest SEC pronouncement requiring that it be performed for fiscal years ending after December 15, 2009. Fearing increased … Continue reading →

Posted in Government, Internal Control | Leave a comment