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Why Form 2220 Percentage: What You Should Know

Philadelphia: American Book Company. 1993. [Cited by 4]. See also my article, “What is a Statement of Additional Information?”, for more information about AA TIP and other AA TIP related documents. A recent study on the impact of AA TIP on financial institutions found that the AA TIP rules were found to result in a net increase of approximately 8.4 billion to the U.S. budget. (Note this is a small estimate. The actual dollar impact will likely be higher) [Cited by 2.7] See also my article, “Examination and Assessment of the Financial Reporting of a Corporation Under the Financial Accounting Rules of the U.S. Securities and Exchange Commission for Financial Accounting Standards Board”, for more information regarding the impact of FAST and AA TIP on firms' financial statements. “AA TIP was a response to the growing concern about accounting principles and practices in public corporations and state and local government entities. It is the most important of the FAST's regulatory requirements.” [Cited by 2.7-2.8] See my articles, “On the FAST and FASB-adopted accounting standards for public companies”, “Examining the Impact of FAST on Accounting Standards”, “Accounting for the Common Bidding and Regulatory Practices Act”, and “Public Disclosure of Information by Securities Issuers, Regulators and Judges Regarding the Process of FASB-adopted Accounting Principles in Public Companies” for more information and analysis regarding FAST and its AATIP-related documents. A recent study of FAST and AA TIP by Deloitte & Touché found that the AA TIP Rule required financial advisers and corporate accountants to be much more careful and more diligent in evaluating the financial statements of publicly traded companies and for that reason, “many clients experienced increased diligence and more time to pay close attention to the material aspects of their financial statements. [Cited by 3.] See the list of links contained in the “Resources” section. In Summary While these resources will help you assess whether it is appropriate for you to engage a professional in tax preparation, the best way to determine the suitability of a professional for the type of work you are seeking is to have a thorough discussion with your attorney and accountant.

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