Spring 2008

Features

Where Is Your Climb Going? CFOS Discuss What It Takes to Reach the Top
David Maturo shares information he gathered from some of the Pennsylvania region’s most prominent CFOs, including their insights into the position’s responsibilities, as well as steps CPAs can take to improve their standing within their chosen career path.

Accidents Happen: Know Your Responsibilities When Client Data Goes Missing
Jonathan S. Ziss, JD, explains the steps to be taken should your organization’s electronic data become vulnerable to exploitation, thus putting your company at risk of liability.

Don’t Trip Over That Embedded Derivative
Thomas Rees, CPA, explores embedded derivatives in accounting statements, and explains how contractual terms can cause unintended accounting consequences.

Columns

Accounting & Assurance
Better Review and Compliance Guidance

Federal Tax
Solid Plan Needed for Intangible Assets

State & Local Tax
Tax-Exempt Organizations: Be ready for State and Local Challenges

Liability Lessons
“Comfort Letters” Offer No Comfort to CPAs

Business & Industry
Time to Reconsider IPI Computations

Practitioners
Does Your Practice Have Its Exits Clearly Marked?

Education
Accounting Professors Are More than You Think

Litigation Support
Know the Basics of Internal Investigations

Careers & Lifestyles
Career Greatness: Where Industry Demand and Personal Ability Meet

Book Review
Focus on the Strengths in Our Employees

The Last Word
CPA Credential Not Just for Show