PCAOB Proposal's Impact on Executive Compensation

On February 28, the Public Company Accounting Oversight Board (PCAOB or Board) issued Release No. 2012-001, Proposed Auditing Standard - Related Parties, ... read more >

IRS Large Business Division "Standing Down" from Prior-Year Exam Activity of Capitalization Issues


By Ron Kramer

On March 15, 2012, the IRS’s Large Business and International (LB&I) Division announced it will cease audits of repair versus capitalization ... read more >

Marcellus Shale Creating Additional Benefits for the Area

The big news in the greater Pittsburgh area this week is the announcement that Shell has selected a location in Beaver County to build a cracker plant. ... read more >

Not-For-Profit Advisory Committee Continues its Focus on Nonprofit Financial Reporting


By Amy Kletch

The Financial Accounting Standards Board (FASB) Not-For-Profit Advisory Committee (NAC) met at the FASB offices in Norwalk, Connecticut on March 1 and ... read more >

An Update on Transfer Pricing Rules

All companies with related party cross-border transactions should focus on transfer pricing issues and documentation, even those with what management would ... read more >

Will March Madness Impact Employee Productivity?

Well, it’s that time of the year again. The NCAA college basketball tournament or March Madness begins this week and many organizations expect a ... read more >

Hang in There: Update on Market Volatility

Six months ago, on August 15, 2011, I wrote the first of a series of Insights on how investors might deal with market volatility by better understanding ... read more >

Tax Reform Sets Sight on LIFO


By Paul Matvey

Recently, the U.S. Department of the Treasury released President Obama’s framework for reforming the U.S. business tax system. This initiative once again puts LIFO clearly in the Treasury’s aim.... read more >