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	Accounting & Auditing News & Views Will Private Companies Get a Permanent Exemption from FIN 48? (09/02/2008) Both the PCFRC and the FEI recommend that the FASB permanently exempt private companies from the requirements of FIN 48. Tax Compliance & Planning News & Views Retailer Can't Accrue Rebate Liability Using Recurring Item Exception (09/04/2008) In new guidance, the IRS looks at whether an accrual method retailer can treat its customer rebate liability as incurred on the date of the product's sale by adopting the recurring item exception.
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