The Latest

SOFTWARE & EQUIPMENTTHE BIG THING NOW

MAY19-20: 2008 Business Valuation Conference, New York State Society of CPAs/Foundation for Accounting Education. Marriott Marquis Times Square, New York City. Contact: www.nysscpa.org or (800) 537-3635.

KPMG GOES GREENNew York — KPMG said that it has set a goal of reducing its member firms’ carbon emissions by 25 percent between 2007 and 2010 as part of a “global green initiative.”

BELGIUMA & F Services, Dendermond, has joined the European Region of JHI International.

UNTIL THERE’S A TROPHY FOR TAX PREP, THIS WILL HAVE TO DO ...Woburn, Mass. — Baseball and accounting both share long, grueling seasons with a frenzy of activity at the end, but only baseball offers a trophy as its culmination, so the CPAs at DiCicco, Gulman & Co. were forced to make do with a visit from the Red Sox World Series trophies. Staffers (and family members) took a break from the busy season to bask in the glow of the trophies, which were brought in in conjunction with The Jimmy Fund.

Amidst all the current speculation and prognostications surrounding the eventual occupant of 1600 Pennsylvania Avenue and his/her effect on the future of tax reform, I got this crazy idea.

The House Ways and Means Committee has passed a bill that contains a provision advocated by the American Institute of CPAs equalizing the tax return reporting standards.

The Internal Revenue Service has released a revenue procedure dealing with the tax effects on securitized mortgages that have been modified to avoid foreclosures.

HintonBurdick CPAs & Advisors plans to merge with Wilson & Co. CPAs, uniting the two Utah firms.

The Securities and Exchange Commission has charged the former CEO and CFO of Broadcom with stock options backdating, along with the chip maker’s chairman and general counsel.