The Statement: December 2002

The role of a technology champion: Many advise we should be able to clearly define and convey our roles within the organizations that employ us with pithy descriptions. While many in executive ranks wear many hats, people have some understanding of "CEO" and can even relate to...
Expensing non-qualified stock options at grant date: Many articles have been written recently about the necessity of expensing stock options when they are granted, using the Black Scholes formula to value the options. This article explains why this may be a bad idea
SEC proposes auditor independence, workpaper retention rules: The Securities and Exchange Commission has proposed rules that would require auditors to retain specific types of records. A second set of rules would require certain disclosures and reports by auditors and set conditions under which auditing...
Federal reform 'cascading' to state levels: As other states have proved, the Sarbanes-Oxley cascade often strikes quickly.
AICPA establishes Committee on State Regulation: An AICPA committee is studying possible implications that the Sarbanes-Oxley Act might have on state legislation and regulation.
Maryland Administrative Release No. 38 addresses Job Creation and Worker Assistance Act of 2002: Administrative Release No. 38 from the Maryland Comptroller's Office appears here at the suggestion of the MACPA's State Tax Committee. This release has important information regarding decoupling legislation that will be helpful to all practitioners.