- Relevance added: Combining ABC with German cost
accounting: activity-based costing is better for long-term decision
making while a leading German cost accounting method supports short-term
decisions...
Are you familiar with Grenzplankostenrechnung? Translated from German, it roughly means "flexible margin costing." Flexible margin costing, or GPK, is a time-tested cost accounting system used by many companies in German-speaking countries. GPK is about marginal costing instead of full costing, short-term decision support instead of long-term, and cost centers ......
- Compliance 2000.
The National Society of Public Accountants was recently invited by the House Committee on Government Operations to provide testimony on the Internal Revenue Service's new Compliance 2000 program. NSPA's statement appears below. Good Morning. My name is Donny J. Woods. I am a public accountant from Nashville, Arkansas. I have ......
- Professional responsibilities in a tax
practice.
Professional Responsibilities in a Tax Practice A major goal of the Internal Revenue Service is to encourage and achieve a high level of voluntary compliance with the tax laws and to maintain a high degree of public confidence in the integrity and efficiency of the service. Support for reaching and ......
- TEI testimony before the IRS Oversight Board February
1, 2005.
On February 1, 2005, TEI Executive Director Timothy J. McCormally testified before the IRS Oversight Board on streamlining tax administration. The testimony was prepared under the aegis of the Institute's IRS Administrative Affairs Committee, whose chair is Paul O'Connor of Millipore Corporation. Good afternoon. I am Timothy McCormally, Executive Director ......
- The new CPA-client confidentiality
privilege.
The privilege of confidentiality for noncriminal Federal tax matters, formerly available only for communications between attorneys and clients, was extended to CPAs and other Federally authorized tax practitioners by the Internal Revenue Service Restructuring and Reform Act of 1998. This article explains the new law and provides guidance, including steps ......
- TEI Testimony Before the IRS Oversight Board: February 1, 2005
HEADNOTE On February 1, 2005, TEI Executive Director Timothy J. McCormally testified before the IRS Oversight Board on streamlining tax administration. The testimony was prepared under the aegis of the Institute's IRS Administrative Affairs Committee, whose chair is Paul O'Connor of Millipore Corporation. Good afternoon. I am Timothy McCormally, Executive ......
- Tax section's strategic plan.
The Tax Section's mission is to serve the public interest by assisting AICPA members to be the most trusted professional providers of tax services, and by advocating sound tax policy and effective tax administration. To serve the public interest effectively, the TEC has identified three strategic initiatives: 1. Create sound ......