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hellboundburrito posted:I'm with a Big 4 and only audit private companies, and one thing we've been discussing a lot lately is FIN 48 implementation for private entities. If you're interviewing with a smaller firm that deals mostly with privately held clients you might impress an interviewer with some knowledge about that. As another poster said we are also looking at IFRS although that is a bit further down the road for us. i am curious if you mean something else besides fin 48, since the effective date is 2006, or you have businesses with a lot of questionable tax deductions? I work primarily in bank accounting and the major hot button stuff is still allowance for loan and lease losses, fair value accounting, and other than temporary impairment.
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Feb 2, 2010 01:33
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ah, ok. what kind of issues do you come up with fin 48 implementation at private companies? just curious
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Feb 5, 2010 01:04
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