Standard features: Rotary table (two- or three-station), four-tiebar clamp, convertible (horizontal/vertical) injection unit; Selogica control with graphical programming.
Standard features: Modular construction, three screw diam., injection unit convertible to vertical parting-line position, Selogica control with graphical sequence programming and integrated robot and peripheral-device programmability.
Standard features: Rotary, shuttle, and stationary tables; tiebarless clamp; Vertex ST PC-based, closed-loop controller with 10.4-in.
Contrary to the Sixth and Ninth Circuits, the Eighth Circuit has refused to apply the Skidmore deference standard to revenue rulings; see O'Shaughnessy, 332 F3d 1125 (8th Cir.
Even though there is still no uniformity among appeals courts on the proper deference to give to revenue rulings, the trend appears to be moving toward applying the Skidmore deference standard to rulings.
Integrity and Objectivity -- The standard acknowledges that CPAs may act as advocates for the taxpayer.
Personnel Management -- The standard recognizes that the required quality control system will vary significantly based on the proficiency of the personnel.
Representatives from both OASIS Tax XML and OECD Tax e-Audit are involved in making sure XBRL GL properly represents the content required by the SAF-T, the first of the standard Audit Files, and by member organizations.
Many of the benefits described in this article are available today by using XBRL as the data hub format used for data integration rather than proprietary approaches, and soon more transparently when XBRL is embedded in more mainstream products as a standard import/export and Web services payload content.
JofA: How does the ASB intend to monitor the work of other standard setters?
Over the past several years the Sarbanes-Oxley Act and other events have dramatically affected the setting of auditing standards and the focus of the audit process.
Indeed, The Weekly Standard's Beltway heft now exceeds that of conservative publications that have been around for decades.
Most significantly, the Standard is influencing the national agenda.
"We're extremely pleased that within a year we've been able to bring about very meaningful suitability standards that will apply across the country irrespective of state or federal regulation," said Brian Atchinson, IMSA's executive director.
That is why the new IMSA standards require, in addition to a suitability analysis, significant disclosure about product features and costs.