ACCOUNTING ANSWERS.If you have questions about accounting, auditing or other professional services, and you're looking for answers that are more than just a reference to a pronouncement, call CalCPA's A&A Answerline, at (800) 922-5272, ext. 2529. Cathy Mathews, director of technical member services, answers the hotline and helps members solve problems and find resources on a wide range of technical matters such as: * Accounting for an unusual transaction; * What type of engagement to perform, or report to issue; * Auditing a client in a new industry; * Where to find authoritative guidance on a particular subject; * GAAP GAAP See: Generally Accepted Accounting Principles GAAP See generally accepted accounting principles (GAAP). , GAAS See gallium arsenide. or SSARS-related issues; * Untangling the web of acronyms, like APB APB See Accounting Principles Board (APB). , SFAS SFAS Statement of Financial Accounting Standards SFAS Special Forces Assessment and Selection SFAS Student Financial Aid Services SFAS Sport Fishing Association of Singapore SFAS Safety Features Actuation System SFAS Statewide Fixed Assets System , FASB FASB See: Financial Accounting Standards Board FASB See Financial Accounting Standards Board (FASB). , GASB, CIRA, HUD and A-133; or * Applicability of new rules to the engagement on which you're working. Assistance also is available if you're plagued with questions that you just don't have time to research. The answerline is a free benefit of CalCPA membership and operates 9 a.m.-3 p.m., Monday through Friday. Members who call outside of those hours can leave a message, which will be promptly returned. |
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