NYSSCPA News

NYSSCPA members are used to seeing their names in top New York and national publications voicing insights on a variety of tax and accounting topics. But recently, CPAs broke new ground by getting into Women's Wear Daily, when that leading fashion publication printed an article about the May 1 NYSSCPA panel "Mergers and Acquisitions for the Fashion Industry."

Joanne S. Barry, executive director of the NYSSCPA, has been named this year's "Outstanding Association Executive" by the New York Society of Association Executives. It’s one of the association's Synergy Awards, which go to "individuals who have demonstrated leadership, service and special achievements that benefit the entire association and not-for-profit profession," according to the NYSAE.

The New York State Education Department’s Quality Review Oversight Committee approved on Feb. 8 the NYSSCPA as a sponsoring organization that may administer and oversee mandatory quality reviews in New York State.

Check out the October issue of The Trusted Professional for Society news and information on the key legislative, regulatory and administrative issues that affect you.

Many NYSSCPA members and nonmembers alike -- especially in the Adirondacks and around Binghamton -- are still reeling from the aftereffects of Hurricane Irene and Tropical Storm Lee, which battered the East Coast at the end of August and early September.

Hurricane Irene, which battered the East Coast this past weekend, caused billions of dollars worth of property damage and left many NYSSCPA members without electricity. In the wake of that disaster, any current NYSSCPA or past member of the Society in need can apply for assistance from the FAE Benevolent Fund.

The Foundation for Accounting Education (FAE) is currently in the planning stages for a Professional Issues Update Conference in December that will be offered free of charge to NYSSCPA members in industry, government and academia, a new program added specifically for these members.

Have you seen the latest issue of The Trusted Professional? Stay on top of Society news and the key legislative, regulatory and administrative issues that affect you.

Have you seen the latest issue of The Trusted Professional? Stay on top of Society news and the key legislative, regulatory and administrative issues that affect you.

The NYSSCPA will host a panel discussion on July 11 during the Annual Leadership Conference, which will explore the recommendations of the Blue-Ribbon Panel on Standards Setting for Private Companies recommendation that a private company accounting standards board be formed to oversee a modified form of U.S. Generally Accepted Accounting Principles (GAAP) that would apply to nonpublic entities.

The New York State Senate today passed a bill, S2628-A, that would ensure New York state CPAs have the same access to cross-border practice that non-New York CPAs have when they provide client services across state lines. The bill has now been delivered to the Assembly.

A bill that would ensure New York state CPAs have the same access to cross-border practice that non-New York CPAs have when they provide client services across state lines is moving quickly through the state Legislature -- and a vote may be imminent in both houses.

With regard to tax reform, Forbes columnist Janet Novack said she has “no idea what’s going to happen -- no one does, because everything is in play and nothing has been decided yet.”

The Foundation for Accounting Education (FAE) launched its newly redesigned online CPE catalog on June 7 to provide members and nonmembers alike with an enhanced user experience.