November  2007

Dear CCH Learning Center Subscriber,

Welcome to the November 2007 issue of Focus on Learning, the monthly newsletter for the CCH Learning Center that provides insights on how to use the Learning Center to your full advantage and updates on new courses and features available to you. In each issue we highlight a course (or series of courses) on a timely topic, and let you know about new courses released in the CCH Learning Center. We also inform you of new useful features, provide helpful tips on existing features, and help you use the CCH Learning Center to meet your professional development and CPE needs.

New Learning Center Core Library Courses
CCH is committed to keeping you up-to-date and knowledgeable on the latest issues that impact your firm or corporation. Many new or revised courses covering a wide range of topics have been released to the CCH Learning Center Core Library over the past two months, including:

• 706 Preparation and Planning Part 1: Tax Fundamentals (2007-2008 Edition)

• 706 Preparation and Planning Part 2: Property of the Decedent (2007-2008 Edition)

• 706 Preparation and Planning Part 3: Debts of Decedent (2007-2008 Edition)

• 706 Preparation and Planning Part 4: Credits and Deductions to the Estate (2007-2008 Edition)

• 706 Preparation and Planning Part 5: Special Situations and Completing the Return (2007-2008 Edition)

• 709 Preparation and Planning: Completing the Gift Tax Return (2007-2008 Edition)

• 1041 Preparation and Planning 1: Tax Fundamentals for Trusts and Estates (2008 Edition)

• 1120 Preparation and Planning 1: Introduction to Form 1120 (2008 Edition)

• 1120 Preparation and Planning 2: Income (2008 Edition)

• 1120 Preparation and Planning 3: Deductions (2008 Edition)

• 1120 Preparation and Planning 4: Tax and Payments (2008 Edition)

• Auditing: Selected Developments (Second Edition)

• Cars: Expenses and Deductions (2006-2007)

• Developments in 2007 for Partnerships and S Corporations

• Home Office: Expenses and Deductions (2007-2008 Edition)

• Investment Strategies After the Tax Increase Prevention and Reconciliation Act of 2005 and the Pension Protection Act of 2006

• Recent Tax Developments (September-October 2007)

• Tax Research: Researching International Tax Law (Second Edition)

• Travel and Entertainment: Expenses and Deductions (2007 - 2008)

Course Spotlight
Fraud and emerging technology continue to significantly impact the auditing profession. The new CCH Learning Center course, Auditing: Selected Developments reviews changes impacting accounting, auditing engagements and compilation and review with a special emphasis on fraud.

Auditing: Selected Developments: In late 2006, the Association of Certified Fraud Examiners (ACFE) published a report on fraud entitled, 2006 Report to the Nation on Occupational Fraud and Abuse. This course will review the information revealed by that report as well as summarize some of the pending rulings being proposed to limit auditor liability. In addition, the course will discuss the U.S. Chamber of Commerce’s plans to ensure long-term viability of the auditing profession, and explain why creating competition for the big four is not likely to happen. Finally, this course reviews the results of the American Institute of Public Accounting (AICPA) Top Ten Technology Issues of 2007, which includes several new items that were not on the 2006 list. To no surprise, information security continued to be the number one item on the list. 

Upcoming Courses
We will release many new courses in the CCH Learning Center in the weeks and months ahead to give you even more choices and more value. Among the new and updated courses that are in development now, look for courses in the following areas soon:

• Accounting and auditing developments

• Alternative minimum tax

• Business entities

• Corporate tax return preparation

• Fiduciary income tax return preparation

• Family Limited Partnerships

• Individual tax return preparation

• Investment strategies

• Pass-through entity income tax return preparation

• Recent tax developments

Audio Seminars
CCH’s wide range of interesting, educational CPE options now includes audio seminars. Each audio seminar allows an unlimited number of users at your firm to get up-to-speed on a hot topic using nothing more than a telephone connection. Plus, participants can earn up to 3 CPE Credits. Learn about upcoming audio seminars here.

CCH’s audio seminars, presented by top experts, are designed to provide you with updated information on the hottest tax and accounting topics. Along with detailed handout materials, each site registering for an audio seminar receives topically-related bonus items such as books, journals, newsletters or self-study CPE courses. Check out the latest Audio Seminars schedule for details on upcoming seminars, including “Increasing Cash Flows Using Cost Segregation Studies” on December 4^th.