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January 29, 2009

Publisher's Note
The AccountingWEB community--our thousands of readers just like you--regularly enjoy our features that challenge the brain.  A CPA in South Carolina told me a while back, “These things help keep me on my toes.”  Accountants are lifelong students; it’s truly a battle staying current on all of the changes, regulatory issues and the like.

Our latest offering in this realm is this weekly CPA Exam Quiz, brought to you by Kaplan Schweser CPA Review and AccountingWEB Student Zone. It’s quick, fun and worthwhile.  Pass it around the office every week!

Rob Nance
Publisher
AccountingWEB, Inc.

publisher@accountingweb.com



Will The Year Of The Ox Pull Us Through?

Understanding Service Learning from Messiah College and The Barnabas Servant Leadership Award

What If Obama Promised to Mandate Online Legal Records?

FSP FAS 157-3 - Determining the Fair Value of a Financial Asset when the Market for that Asset is Not Active


Questions & Advice

Leasehold Improvements

If a foundation pays for some of the leasehold improvements of a building, do we have to expense the leasehold improvements or we still have to depreciated as normal?
Add your input!

Training is it G&A or overhead?

Training on the job for new shop workers. The cost of labor is very high for our finish goods when we have a new shop worker. Can I allocate the hours above the standard hours to Training Expense in G&A or does it go into indirect labor on the specfic job, as Overhead?
Share your suggestions today!


Featured Jobs
Controller
Triumvirate Environmental
Somerville, Massachusetts

Certified Public Accountant
Ellin & Tucker, Chartered
Washington DC




Featured links
New! Take a Quick Tour of PPC's Tax e-Practice Aids
Mastering QuickBooks Seminars
Up-To-Date Information on Upcoming Teleconferences
Top News

Look for changes on 2008 Form 1040

The IRS is mixing it up a little and keeping it fresh this year by adding some new lines and moving some items to different places. Here are the changes to the Form 1040. The only changes to the 2008 Form 1040 appear on page 2 of the form. more >>
Letter to your client: Tax changes for your 2008 return
Changes in tax law affect education benefits for 2008
Missed the deadline for a tax rebate? There may still be time
Click Here
NEW! PPC’s Tax e-Practice Aids™

Get PPC’s industry-leading practice aids (including engagement letters, worksheets, checklists, elections, tax organizers and more) delivered in convenient Microsoft Word and Excel templates that work the way you do!
Featured Articles
Even small businesses can benefit from marketing systems

Small companies that implement marketing systems to identify their best prospects can dramatically increase revenue and reduce the time and cost of their sales cycles. "Best prospects" are those companies that need what you are selling the most, are ready to buy immediately, and will pay top dollar. more >>
Geithner sworn in as new Treasury Secretary
Guest article: The United States will be just fine
Click Here
Mastering QuickBooks Seminars

Whether you are a new or experienced user, our Mastering QuickBooks seminars and training products are designed to help you take advantage of the powerful features this software has to offer.

Since 1997, we've taught more than 500,000 people how to set up and use QuickBooks in our Mastering QuickBooks courses. We offer the MOST popular QuickBooks training class in the world! We are the only QuickBooks training company ENDORSED by Intuit...the maker of QuickBooks.

Choose From SEMINAR Or SELF-STUDY Options.
Lorman Lecture Hall

The Lorman Lecture Hall provides you with up-to-date information on upcoming teleconferences to help you stay on top. Most courses offer an opportunity to earn CPE.

Visit www.lorman.com/training/aweb for a complete list of courses.
Firm/State/People News
Successfully performing the great American juggling act

Since the term "work-life balance" was first used in the 1970s, studies have surfaced en masse showing the links between work- related stress, home-related stress, and overall employee health. To provide research, information, and education, the Occupational Safety and Health Act of 1970 created the National Institute for Occupational Safety and Health (NIOSH). NIOSH created a WorkLife Initiative and recently released a document about the project that states there are five trends that underscore the need for a new approach to employee health. more >>
New Jersey CPA appointed to Chamber of Commerce board
New audit manager named at Carr, Riggs & Ingram
Click Here
How Do Clients Find You?
The 5 Top Ways Revealed


In the newly released research report from RainToday.com, How Clients Buy: 2009, 200 buyers of professional services revealed the ways in which they find service providers. Of the 27 methods cited, which do you think are most popular?

To find out, download a research excerpt and learn the top 5 ways buyers find service providers.

Download the "Top 5 Ways Buyers Find Service Providers" Research Excerpt

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