CCH Audio Seminar Looks At Areas Where Taxes, Accounting, Auditing Overlap

(RIVERWOODS, ILL., December 6, 2006) – CCH, a Wolters Kluwer business and a leading provider of tax information, software and services is presenting a 100-minute audio seminar entitled “The Growing Overlap of Tax, Accounting and Auditing Issues” on Friday, December 8, 2006 at 2 p.m. Eastern; 1 p.m. Central (

Mark Luscombe, JD, LL.M., CPA and Cherie Hennig, Ph.D., CPA will examine the growing number of laws, standards and pronouncements from the tax, accounting and auditing sectors that have an impact beyond their own area and overlap with other sectors of practice. These include FAS 109 and FIN 48, SOX Section 404 internal control rules, the requirements associated with Schedule M-3 and more .

This seminar discusses what has been happening at the intersection of tax, financial accounting and auditing – the current regulatory environment, the compliance burdens and necessities and the increased need for tax, accounting and audit professionals to understand how each other’s roles and rules affect the other.  

Program Agenda

Luscombe and Hennig will explore some of recent accounting standards and tax developments at the nexus between tax, accounting and financial reporting, including:

  • The new tax reporting requirements associated with Schedule M-3;
  • Reportable transactions under Reg. Sec. 1.6011-4 and Form 8886;
  • Certifications under the Sarbanes-Oxley Act, particularly Section 404internal control certifications;
  • PCAOB Rules 3520 through 3524 with respect to auditor independence and the provision of tax services;
  • The expanding role of the audit committee with respect to tax practice under the Sarbanes-Oxley Act;
  • FIN 48 – New Interpretations of FASB 109, Accounting for Income Taxes;
  • Other accounting releases with a direct impact on the tax treatment of those areas:
    • IASB 12 – Convergence with international standards
    • FASB 123 – Accounting for Stock-based Compensation
    • FASB 132R – Disclosures relating to pensions and other post-retirement benefits
  • Other new developments in Tax Accounting and Accounting for Taxes; and
  • A look at the practical impact of these changes on tax return preparation.

About the Speakers

Mark Luscombe, JD, LL.M., CPA, is the principal federal tax analyst for CCH and a key member of the CCH Tax Legislation team tracking and analyzing legislation before Congress.  He regularly speaks on a wide range of tax topics.  In addition, Luscombe co-authors a biweekly tax strategies column for the respected professional publication Accounting Today and authors a monthly tax trends column in CCH's TAXES: The Tax Magazine.  Prior to joining CCH, he was in private practice for more than 20 years with several Chicago-area law firms where he specialized in taxation.

Professor Cherie O’Neil-Hennig , Ph.D., CPA is a Professor of Accounting at Florida International University.  She began her career as an IRS revenue agent in Denver, Colo. and has taught undergraduate and graduate tax courses for various universities.  She has published numerous articles in professional and academic journals, and has coauthored several textbooks.  She has been a faculty intern with local and national CPA firms, and she has conducted research for the IRS Statistics of Income Division in Washington, D.C. and the District Office of Research and Analysis in Jacksonville, Fla.

How the Audio Seminar Works

CCH’s live audio seminars require nothing more than a telephone connection. For the $249 per site fee, an unlimited number of listeners at a site can participate and get up to speed and in-the-know on these important topics.

CPE Credit

Two hours of CPE credit are also available for the seminar for an additional $25 for each person wishing to receive a CPE certificate for participation in the seminar.

Special Bonuses

Along with detailed handout materials, each site registering for this audio seminar will receive two special bonuses:

  • A free copy of CCH’s Top Federal Tax Issues for 2007 CPE Course, and
  • A free copy of CCH’s Top Auditing Issues for 2007 CPE Course.

How to Register

To register online using a credit card go to To register by phone, call CCH Customer Service at 1-800-775-7654. Please have your credit card information ready. For more information, go to

About CCH, a Wolters Kluwer business

CCH, a Wolters Kluwer business ( is a leading provider of tax, audit and accounting information, software and services. It has served tax, accounting and business professionals and their clients since 1913. Among its market-leading products are The ProSystem fx® Office, CCH® Tax Research Network™, Accounting Research Manager® and the U.S. Master Tax Guide®. CCH is based in Riverwoods, Ill.

Wolters Kluwer is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory, and education sectors. Wolters Kluwer has annual revenues (2005) of €3.4 billion, employs approximately 18,400 people worldwide and maintains operations across Europe, North America, and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. For more information, visit

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