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Accounting

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August  09, 2010 - Accounting Policy and Practice Report
Taxpayer Victory in ‘Deloitte’ Breathes Fresh Air Into Continuing Battle Over Tax Accrual Work Papers

The U.S. Court of Appeals for the District of Columbia Circuit recently found in United States v. Deloitte LLP that documents related to a company's tax accrual work papers that were prepared by or maintained by the company's independent auditor are protected from Internal Revenue Service discovery by the work product doctrine.

 

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August  02, 2010 - Accounting Policy and Practice Report
GASB Proposal Would Alter Meaning of ‘Pension Expense'
Paul Angelo (pangelo@segal.com) is a senior vice president in The Segal Co.'s San Francisco office, where he specializes in the design, valuation, and administration of large governmental defined benefit plans. Angelo is a valuation actuary for the University of California Retirement Systems and 14 California county and city retirement systems and associations. In 2007, he was a staff consulting actuary for the California Public Employee Postemployment Benefits Commission. Angelo is a member of the California Actuarial Advisory Panel and the Governmental Accounting Standards Board's Postemployment Benefits Accounting and Financial Reporting Project Task Force.

 

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