AICPA Calls for CPA Exemption from Red Flags Rule
The AICPA asks the Federal Trade Commission to exempt CPAs from its Red Flags Rule, stating the provisions relating to CPAs are "too broad."

Audit Survey Shows New Focus for Internal Auditors
Survey respondents recognize that a balanced, effective internal audit department can contribute more in terms of helping identify, manage, mitigate and monitor key risks.

Is Tech Spending Going to Surge?
CPAs report on tech spending cuts and wish lists. How has the economic downturn played a role? The results may surprise you.

NASBA Releases Publications for CPA Exam Services/Public Trust
NASBA released the CPA Examination Services and NASBA Center for the Public Trust brochures, aimed at providing CPA candidates with Exam tools and restoring the public's trust in the CPA profession.

Accounting Professionals Praised for Charity, Nonprofit Work
Although not a CPA himself, this blogger offers high praise for CPAs who "provide the spirit, the soul and the heart that fuels America's efforts to care for those who cannot care for themselves alone."

XBRL
The AICPA has released The Story of Our New Language, a chronicle of XBRL from birth to present.

International Financial Reporting Standards
International trade is making an impact across the board — small firms continue to take interest in IFRS.

Codification
By a margin of five to one, CPAs are saying GAAP Codification will make accounting standards easier to use.

Diversity
National Association of Black Accountants CEO Walter Smith, CPA discusses the outlook for NABA members in the current economy.

Web browsing and e-mail have migrated to mobile handhelds like the BlackBerry. But these gadgets still come at a high cost compared to other cell phones in a 2-year contract.

Sponsored by: Information, Inc.

Fraud Is Increasing During the Recession — Are You Protected?
Click here to read the article and sign up for the CAMICO Connection, a monthly e-newsletter containing risk management tips and related podcasts. Take further steps to protect your clients, your organization and yourself by attending the 2009 INCPAS Fraud Conference on Aug. 27.

Your Chance to Save 25% on CPE Ends Aug. 31
Don't delay — register for the Value Plus program by Aug. 31 and Save 25% on your 2009 CPE. Call member services at 1-800-272-2054 or complete a Value Plus form via mail, e-mail or fax to register. Value Plus cannot be completed online.

Volunteer Opportunities

INCPAS plans to visit 100 high schools this year and we need your help promoting the CPA profession to Indiana high school students. If you are interested in becoming a High School Ambassador, contact Ali Paul at (317) 726-5025.

Career Opportunities

Thinking of making a career change? The Society offers CareerBank.com, a job search tool. Check out this opportunity:

Tax Manager — A CPA firm in Avon, IN is seeking an experienced individual to manage the preparation of various tax returns for corporations, partnerships, individuals, estates, trusts and not-for-profit entities. Seven years of tax compliance and consulting experience, bachelor's degree in accounting or closely related field and CPA required.

2009 CPA Day of Service

Sept. 25

Promote the value of the CPA designation while helping improve your community at the seventh annual CPA Day of Service on Sept. 25. Participating is easy! With flexible scheduling, you have the ability to arrange your own volunteer activity that meets the needs of your community. For more information on how you can volunteer for this year's CPA Day of Service, e-mail or call Public Relations and Career Awareness Associate Ali Paul at (317) 726-5025.