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	  <title><![CDATA[Rachlin LLP - Certified Public Accountants, South Florida Accountants & Advisors]]></title>
	  <link>http://www.rachlin.com/</link>
	  <description>Internal Assurance Division</description>
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	  	<title>Rachlin News</title>
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	  <language>en</language>
	  <dc:rights>Copyright 2008</dc:rights>
	  <lastBuildDate>Tue, 15 Jan 2008 09:37:23 GMT</lastBuildDate>
      <pubDate>Tue, 15 Jan 2008 09:37:23 GMT</pubDate>
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<item>
<title><![CDATA[Safeguarding Employee Benefit Plan Assets ]]></title>
<description><![CDATA[The AICPA Employee Benefit Plan Audit Quality Center recently released a Plan Advisory, “The Importance of Internal Controls in Financial Reporting and Safeguarding Plan Assets” (the Plan Advisory). This Plan Advisory was prepared to assist plan fiduciaries (plan sponsors, administrators and trustees) in understanding the importance of internal control over financial reporting related to their plan.
]]></description>
<link>http://www.rachlin.com/newsandevents/newsletter_summer2008_safeguarding_assets.htm</link>
<pubDate>Wed, 09 Jul 2008 10:13:59 EST</pubDate>
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<title><![CDATA[Private Companies Benefit from SOX-type Controls]]></title>
<description><![CDATA[In response to a number of large-scale corporate accounting scandals, the Sarbanes Oxley Act of 2002 (SOX) was introduced to help rebuild trust in the accounting and reporting practices of public companies.While many argue that the financial burden of implementing SOX is too great, most acknowledge the act was necessary to rebuild public trust.
]]></description>
<link>http://www.rachlin.com/newsandevents/newsletter_spring2008_SOX.htm</link>
<pubDate>Wed, 28 May 2008 10:13:59 EST</pubDate>
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<item>
<title><![CDATA[Internal Control Over Financial Reporting]]></title>
<description><![CDATA[In July, the United States Securities and Exchange Commission (SEC) approved the Public Company Accounting Oversight Board's (PCAOB) Auditing Standard 5 (AS5) - An Audit of Internal Control over Financial Reporting That Is Integrated with An Audit of Financial Statements. AS5 replaces Audit Standard 2 (AS2) and is effective for audits of certain publicly held companies for fiscal years ending on or after November 15, 2007.
]]></description>
<link>http://www.rachlin.com/newsandevents/newsletter_winter2008_internal_control.htm</link>
<pubDate>Wed, 28 May 2008 10:13:59 EST</pubDate>
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<item>
<title> <![CDATA["Sunrise Hires New Auditor on Investment Worries"]]> </title>
<description>Worried its financial records are not in order, the city of Sunrise has hired a new auditor to scrutinize its books. </description>
<link>http://www.rachlin.com/newsandevents/news_2008_Jan_21_Sunrise.htm</link>
<pubDate>Tue, 23 Jan 2008 10:13:59 GMT</pubDate>
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<title> <![CDATA["Tax Positions at Risk"]]> </title>
<description> What happens when the IRS, SEC and the Financial Accounting Standards Board (FASB) share a common vision about how uncertain income tax positions should be disclosed in financial statements?</description>
<link>http://www.rachlin.com/rss/news/summer07/rn_tax_positions_summer07.htm</link>
<pubDate>Mon, 16 Jul 2007 14:13:59 GMT</pubDate>
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<item>
<title> <![CDATA["Audit Standards Update"]]> </title>
<description> These standards significantly change the way annual financial statement audits are performed. Clients will have to supply more information and documentation than in the past, and auditors will place more of an emphasis on internal controls and risk management. </description>
<link>http://www.rachlin.com/rss/news/spring07/Audit_Standards.htm</link>
<pubDate>Mon, 16 Jul 2007 14:13:59 GMT</pubDate>
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<title> <![CDATA["New Standards Significantly Change Auditing Profession"]]> </title>
<description> The Auditing Standards Board established 10 new standards: two that will take effect for calendar year 2006 and eight that will take effect for calendar year 2007. The goal of these auditing standards (SASs) is to strengthen the effectiveness and the quality of audits, especially in light of major corporate failures in recent years.</description>
<link>http://www.rachlin.com/rss/news/winter07/new_standards.htm </link>
<pubDate>Mon, 16 Jul 2007 14:13:59 GMT</pubDate>
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<title> <![CDATA["ERISA Employee Benefit Plan Audits"]]> </title>
<description> For entities offering pension plans under the Employee Retirement Income Security Act (ERISA), the Department of Labor (DOL) has implemented a new enforcement initiative that holds plan sponsors--not auditors--responsible for deficient audits.</description>
<link>http://www.rachlin.com/rss/news/fall06/erisa_benefit_plan.htm </link>
<pubDate>Mon, 16 Jul 2007 14:13:59 GMT</pubDate>
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<title> <![CDATA["Sarbanes Oxley: Best Practices for Not-for-Profits"]]> </title>
<description> The not-for-profit sector continues to be an important part of communities across the country. Not-for-profits hold assets in excess of $63 billion, generate more than $22 billion in total personal income and generate more than $61 billion in total economic activity. There are 1.8 million not-for-profits nationwide and more than 50,000 in Florida. Also, not-for-profits in Florida comprise the state's sixth largest source of employment.</description>
<link>hhttp://www.rachlin.com/rss/news/spring06/sarbanes.htm  </link>
<pubDate>Mon, 16 Jul 2007 14:13:59 GMT</pubDate>
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