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SmartPros Accounting News & Insights |
November 2, 2009 |
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| IN THIS ISSUE |
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Web version | Archive & subscriptions | Email us |
| NEWSLINE |
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 Stimulus Jobs Overstated by 1,000s
An early progress report on President Barack Obama's economic recovery plan overstates by thousands the number of jobs created or saved through the stimulus program, a mistake that White House officials promise will be corrected in future reports.
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Also in the News:
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| OP/ED |
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THE ACCOUNTING CYCLE
 Capping Exec. Comp: Good and Bad Concerns
By J. Edward Ketz
President Barack Obama recently established a cap on executive pay at those firms which received taxpayer bailout funds -- a cap on one's annual salary of $500,000. It also proposes to curb bonuses to managers. Various individuals have raised concerns about this governmental intervention. As it turns out, some of these concerns are legitimate and need to be addressed, but others seem more self-serving.
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| CPE SPOTLIGHT |
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New! Get 8 CPE credits for only $149!!
J.K. Lasser Webinar Series: Gearing Up for Tax Season: What You Need to Know
The J.K. Lasser Institute, with its seventy-year history of providing the right tax advice, and SmartPros have come together to bring you a series of four video Web casts covering these topics: Deductions, Credits, Losses, AMT; Estate and Gift Planning; Retirement Benefits; Depreciation Deductions; Pass-Through Entities; Year-End Tax Planning. PURCHASE AN ADVANCE SUBSCRIPTION TO ALL FOUR: $149 (Or purchase courses individually for $49 each.)
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| YOUR BUSINESS |
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Technology Provides Platform for Best Practices of High Performing Firms
Creating a long-term sustainable business advantage is the key to success for accounting firms, in both good and challenging times, yet some firms do it better than others. What's their secret?
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| BOOK PICK |
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 Wiley GAAP 2010: Interpretation and Application of GAAP
By Barry J. Epstein, Ralph Nach, Steven M. Bragg
Wiley GAAP 2010 contains, as did its predecessor editions, complete coverage of all levels of GAAP, now indexed to the new ASC. Wiley GAAP renders GAAP more understandable and accessible for research, and has been designed to reduce the amount of time and effort needed to solve accounting research issues. As it has since its inception in 1985, Wiley GAAP provides interpretive guidance and a wealth of real-world, content-rich examples and illustrations to provide the type of insight into the application of complex financial reporting rules that traditional handbooks and their "plain vanilla" illustrations simply cannot offer. Buy this book
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