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Lesson From The Tax Court: Into The Weeds on COGS (TaxProf Blog) - In real life, however, inventory accounting can be crucial, and you had better have good representation when the IRS questions your numbers. That is the lesson I see in the recent case... ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES Detecting and Preventing Expense Reimbursement Fraud (CPA Practice Advisor) - Expense reimbursement fraud accounts for 21 percent of fraud in small businesses (<100 employees), and 11 percent in large businesses (100+ employees)... The Real Cost of Invoicing (CFO) - Invoicing can be an expensive process that involves intensive manual data entry, revisions, approvals, and bookkeeping. Proposal Would Clarify Exception to Client Confidentiality Rule (JofA) - A newly proposed AICPA ethics rule would clarify that certain reviews of a tax practice are included in the exceptions to the AICPA Professional Standards prohibition on disclosing confidential client information. 7 Great Lumbar Cushions For Supporting Your Back While You Work (How-to-Geek) - When sitting, itâs important to keep your back well supported. After all, itâs a fundamental part of your body and skeletal structure. One great way of protecting it is through the use of a lumbar support pillow. Hereâs our top picks. Accounting/Audit |  TOP 5 MOST READ TOOLS OF THE TRADE e-BREAKS  Zion National Park   |