| Articles for February 6, 2008: |
| The Municipal Bond Insurers Crisis: Part II |
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 In our last issue of Footnotes, we discussed the potential downgrading of bond insurers and noted that all the firms are in various stages of raising capital to provide a larger cushion to respond to further market deterioration. In this article, we discuss additional options available to bond insurers and the impact of this crisis on you as issuing entities.
To read the full article, please click on Full Article below. |
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| Umbaugh Sponsors Indiana CPA Society's Annual Case Study Competition |
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Umbaugh was a sponsor of the Indiana CPA Society's recent case study competition. Teams of accounting students from colleges across Indiana were given goals and data for a hypothetical privately-owned CPA firm and were asked to develop a succession plan for the firm's partners. According to Umbaugh Partner John Seever, the firm's sponsorship of the case study competition is a way to support the profession and encourage young professionals as they develop career skills.
To read the full article, please click on Full Article below. |
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CIRCULAR 230 DISCLOSURE:
To ensure compliance with U.S. Treasury Department Regulations, we are required to advise you that, unless otherwise expressly indicated, any federal tax advice contained in this communication, including any attachments, is not intended or written by us to be used, and cannot be used, by anyone for the purpose of avoiding federal tax penalties. |
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