Welcome to the home of the Hawaii Society of Certified Public Accountants . . . enjoy the experience!
Be Ready When GAAP Is Codified on July 1
June 10, 2009
July 1 will be a landmark day for the accounting profession as the Financial Accounting Standards Board (FASB) Accounting Standards CodificationTM (ASC) will become the authoritative source of nongovernmental accounting literature (in addition to SEC pronouncements).
Implementing Section 7216
March 23, 2009
For purposes of the revised section 7216 regulations (which became effective on January 1, 2009), CPAs should understand that, in general, they will not need to obtain written consents from their clients in the normal course of providing tax return preparation services and any related tax planning or accounting services.