Long-Awaited IFRS Roadmap Released
The SEC's roadmap for adoption of international financial reporting standards sets forth several milestones that must be met in order to require the use of IFRS by U.S. issuers by 2014.

INCPAS Members Honored in Business Publications
The Indianapolis Business Journal recently honored Indiana CFOs of the Year and Indiana Business magazine offered its list of Super CPAs.

Accounting and Reporting Standards Overhauled
On July 1, 2009, FASB Accounting Standards Codification™ are set to become the single source of authoritative nongovernmental U.S. generally accepted accounting principles.

How Could the Current Economy Increase Audit Risks? A Staff Audit Practice Alert, recently issued by the PCAOB, offers auditors advice on special challenges and risks to be aware of in times of economic turmoil.

The IRS Releases New Mileage Rates
In response to falling gas prices, mileage rates are dropping too. Beginning Jan. 1, 2009, the standard mileage rate will be $.55, which is slightly lower than the current rate.

New! Fair Value
As controversy surrounding fair value continues, more guidance is expected.

In observance of the holidays, INCPAS offices will close at noon Dec. 24, reopen at 8 a.m. on Dec. 29, close at 3 p.m. Dec. 31 and reopen at 8 a.m. Jan. 5. This is the final issue of CPA e-Perspective for 2008. The next edition is scheduled for Jan. 8, 2009.

With mobile phone use rising among enterprise employees, there are several things companies need to know before these gadgets invade their offices.

Sponsored by: Information, Inc.

Audit and Tax Accountant – Rea Logan & Co., Inc. is seeking an audit and tax accountant with the technical ability to take responsibility for audit and tax engagements. Ideal candidates will be a CPA with three-five years relevant experience with CPA firm.