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Accounting Today is in the midst of collectingsubmissions for its 2010 ranking of the Top 100 VARs.

The American Institute of CPAs told Internal Revenue Service officials that it supports the agency's plan for mandatory preparer tax identification numbers and stricter ethics requirements, but it objects to the education and testing elements of the IRS's tax preparer regulation proposals.

Get ready: The American Institute of CPAs is gearing up to reveal the sophomore class of its Leadership Academy.

Unlike Trix, texting isn't just for kids.

STANDARD WOULD TIGHTEN PROSPECTUS REPORTING

Our economic situation has prompted many companies to rethink how they conduct business, which includes taking a closer look at expenses in an effort to control costs. Accountants and internal auditors should be working aggressively to identify weak or missing controls, reduce risk, and detect fraud in an effort to offset the lower revenues most companies are experiencing.

According to Peter Weill, senior research scientist and chairman at MIT's Sloan Center for Information Systems Research, "IT-savvy firms have margins 20 percent higher than the industry average. Firms with less than average spending and savvy have margins 32 percent lower than their industry."

CPA FINANCIAL EXECS UPBEAT

STRICTER PEER REVIEW IN HAWAII

A group of seven accounting and business organizations are protesting a proposed amendment to the financial regulatory reform legislation sponsored by Sen. Sherrod Brown, D-Ohio, that would legislate some accounting standards for financial reporting.