Monday, November 28, 2011

Applicable Federal Rates (AFRs) for December 2011

The Applicable Federal Rates (AFRs) for the month of December are as follows:
Annual
Semiannual
Quarterly
Monthly
Short-term (≤ 3 years)
0.45%
0.45%
0.45%
0.45%
Mid-term (> 3 years but
 ≤ 9 years)
1.69%
1.68%
1.68%
1.67%
Long-term (> 9 years)
3.55%
3.52%
3.50%
3.49%

Wednesday, November 16, 2011

CPA Licensure Requirements

Anybody that will soon be graduating with an accounting degree or that is currently working on getting their CPA license knows that the rules for licensure in California have been a hot topic for quite some. One of our partners, Glen Thomas, is on the Californnia CPA Society Accounting Education Committee along with UC Berkeley Professor Maria Nondorf. Professor Nondorf recently created a Powerpoint presentation which clearly presents the CA CPA licensure requirements. If you have any confusion regarding the new rules here is a link to Professor Nondorf's presentation which should help clarify.

The Pathway For Accounting Students

Good luck to all you future CPAs.