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INCPAS Connection - The Link to Your Professional Home

 CPA e-Perspective is the Society's biweekly newsletter. You receive this e-newsletter as a benefit of your INCPAS membership.
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Vol. 3. Issue 10. May 15, 2008
Professional News

  Exam Changes Proposed
The AICPA wants your opinion on proposed content updates to the CPA Exam. Said updates would increase the emphasis on ethics, provide more in-depth descriptions of skills and add IFRS.

How Does Your Firm Stack Up Against the Competition
Ever wonder how your firm stacks up against other firms? Find out — take part in the PCPS/TSCPA National MAP Survey, the CPA profession’s premier benchmarking study, by July 11.

Number of Grads with Accounting Degrees Grows
The 2006-07 school year saw the largest number — over 64,000 — of students graduating with an accounting degree in over 35 years, according to the AICPA.

An Improvement in Financial Statements Consistency
The FASB has issued a new statement that identifies a consistent framework for selecting accounting principles to be used in preparing financial statements in conformity with GAAP.

Where Is Everyone Going?
Companies are quickly coming up with plans to replace the large wave of baby boomers preparing to retire. Will these last ditch efforts be enough?



Keeping Up


New! Diversity
Women of color in accounting feel less included in the work environment than whites, according to a recent study.

New! XBRL and Enhanced Business Reporting
Transparency in financial reporting is improved through the use of XBRL, says the AICPA.



Member Dues


Time is running out to save! Take advantage of early bird pricing by renewing your dues by June 1. To renew, return your statement in the envelope provided, fax it to (317) 726-5005, or call the Society at (317) 726-5000.



Lead It!


Applications are being accepted for the INCPAS Peer Review Committee. Committee members must be currently active in public practice at a supervisory level in the A&A function of a firm enrolled in the AICPA practice-monitoring program as a partner or manager. Participation in approved Peer Review courses is also required. Enhance your career and give something back to your profession, fill out an online application by May 30.




CPAs Lead the Way



The Wildcat Wildlife Center is looking for a CPA to serve as treasurer on its board of directors. For more information, contact Carol Blacketer.




Information Technology


Five Security Tips to Protect Your Small Biz Investment
Small Business Computing (05/06/08); Simonds, Lauren

There are several steps small businesses can take to protect themselves from external threats such as viruses and malware, according to John Clay, the product-marketing manager at Trend Micro.

Sponsored by: Information, Inc.



2008 CPA/Banker Golf Outing


One of the best places to conduct business is on the golf course. That's why, year after year, INCPAS invites CPAs and bankers from the Lafayette area to meet in a fun, relaxed environment. Don't miss the 2008 INCPAS Lafayette Area CPA/Banker Golf Outing.

Date: May 20
Location: Battle Ground Golf Club
Time: Registration and lunch: 11 a.m. EDT
Shotgun Start: noon EDT
Fee: Foursome $240
Individual $65
Lunch only $10
Sponsors: Charter One/Royal Bank of Scotland and Lovell I Hatcher Accountants & Advisors
Upcoming Conferences and Events
June 11 2008 INCPAS Not-for-Profit Conference
June 25 2008 INCPAS CPAs in Business and Industry Conference
July 28 INCPAS Night at Victory Field



Convenient CPE


2008 Spring Fever
We know scheduling time away from your office can be difficult. That's why the Society is offering Spring Fever May 21-22. Choose from 12 different three-and-a-half hour courses.





CPE Opportunities


Spring into May with these upcoming CPE courses in Indianapolis.
May 20
 Internal Control Essentials for Financial Managers, Accountants and Auditors
May 23
 Audits of 401(k) Plans
June 3
 Trusted Advisors Workshop
Executive Education
July 30 Internal Controls in Today's Business Environment
Aug. 21 Developing and Executing Strategies for Growth and Profitability

INCPAS and ACPEN have teamed up to offer interactive events combining technology and convenience to deliver high-quality, engaging CPE. Check out upcoming offerings.