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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. 4. Issue 14. July 9, 2009
Professional News
 

Last Quarter Economic Rally in 2009?
In a recent survey, small to mid-sized CPA firms predict signs of recovery to show in the fourth quarter. Accounts receivable and revenue reduction strains are issues confronting firms.

Taxpayer Advocate Pitches Priorities to Congress
The top issues identified this fiscal year include improved tax payer services, oversight on preparers and a better tax credit system.

FASB Lobbies to Assert Independence
The FASB continues to fight for private-sector independence in Washington and make its presence known against opposing lawmakers and business interests.

Are You Hiring? CPA Leaders Discuss
Public practice leaders assess hiring expectations and waves of new business coming in the CPA profession. Find out what traits they are looking for when considering a new hire.

Computerized Exam Achieves One Million
The computerized CPA Exam, which has helped advance the profession as an attractive career choice, recently reached one million administrations since its adoption in 2004.

Keeping Up

New! Codification
FASB Codification is announced as the single source of authoritative nongovernmental U.S. GAAP on July 1.

New! International Financial Reporting Standards
U.S. subsidiaries of foreign companies are well-versed in IFRS as U.S. public companies wait on an SEC strategy.

New! XBRL
XBRL filers and users experience technical issues stemming from the new FASB codification of accounting standards.

Society News

INCPAS Announces Four New Board Members
The Society is pleased to welcome Steven Eichenberger, Michael Jack, Jennifer Norris and Mark Shaffer to its board of directors for the 2009-10 term.

 

Last Chance to Renew Your Dues — Call Now!
Have you renewed your membership? The new, 2009-10 INCPAS membership period began on July 1. If you have not yet returned your dues payment, your membership is expired. It's not too late to renew and still avoid the $50 reinstatement fee. Simply return your invoice by mail or fax, or contact a member services liaison at (317) 726-5000 or toll-free at 1-800-272-2054. After all, we wouldn't want you to miss out on members-only discounts and benefits!

 

Twitter Takes Over — How's the Society Using It?
INCPAS Public Relations & Social Media Manager Jenifer Groth comments on the use of Twitter as a tool for the CPA profession in a recent AICPA article. Get the latest INCPAS news and updates at twitter.com/incpas
.

 

INCPAS Goes Green!
INCPAS is taking care of the planet and YOU. In 2009, all conferences and Professional Issues Updates will be paperless. Now, you'll enjoy a quicker check-in process and won't have a big binder to lug around all while benefiting the environment.

Volunteer Opportunities

INCPAS is looking for enthusiastic volunteers to serve as booth hosts at Indiana Black Expo's 39th annual Summer Celebration on July 17-18 in Indianapolis. Volunteers will encourage attendees to establish budgets as well as promote the value of the CPA designation and CPA services. If you are interested, contact Ali Paul at (317) 726-5025.

Volunteers are needed during the following times:
Friday, July 17: 6-9 p.m.
Saturday, July 18: 1-4 p.m., 4-7 p.m. and 7-10 p.m.

Do you live in the Fort Wayne-area and want to teach Hoosiers about living financially fit lives? Join INCPAS at the Three Rivers Festival Children's Fest on July 17. Volunteers are needed to help distribute financial literacy information and assist children with the beanbag toss game. Contact Ali Paul at (317) 726-5025.

Volunteers are needed during the following times:
Friday, July 17: 9:45 a.m.-1 p.m. and 1-4 p.m.

CPAs Lead the Way

The Damien Center is looking for one or more CPA board members to serve on its board of directors as treasurer. Like many non-profits at this time, the Damien Center is undergoing significant financial stress and would benefit from individuals with strong financial management skills. CPAs with experience and/or familiarity with non-profit fund accounting and reporting preferred. Contact Jon Laramore at (317) 237-8248. For more CPAs Lead the Way opportunities, visit our board opportunities page.

Information Technology
Beware the Mobile Rogue
Entrepreneur (07/09); Stratford, Carla

Beware — employees and ex-employees who have provisioned their smartphones as mobile desktops could be carrying critical data. Take steps to protect company information.

Sponsored by: Information, Inc.

2009 Conferences & Events
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Protect your clients, your organization and yourself. The 2009 INCPAS Fraud Conference will provide you with strategies and techniques that will open your eyes to the most prevalent schemes of today. Don't become a victim — register now!

 Upcoming Conferences and Events
Aug. 11 INCPAS Night at Victory Field
Aug. 25-26 Midwest Accounting & Finance Showcase
Aug. 26 IRS Tax Symposium
Sept. 15 Networking for Young Pros: Grapin' and Groovin'
Sept. 22 A&A Conference
Oct. 16 CPA Celebration
Nov. 12 Networking for Young Pros: Pins and Pros
Nov. 19 Small Firm: Big Business sponsored by Intelligent Office
Dec. 3-4 Tax Institute
Dec. 11 Financial Services Conference
2009 Professional Issues Update

A free 4-hour program bringing you valuable knowledge for unprecedented times.

Aug. 20 Sheraton Louisville Riverside Hotel Jeffersonville
Aug. 21 Hillcrest Country Club Batesville
Aug. 27 Holiday Inn Select - City Centre Lafayette
Aug. 28 Kokomo Country Club Kokomo
Sept. 2 The Centre Evansville
Sept. 3 Holiday Inn Terre Haute
Sept. 4 Hyatt Regency Indianapolis
Sept. 8 Radisson Hotel at Star Plaza Merrillville
Sept. 9 Century Center South Bend
Sept. 11 Indiana University Bloomington
Sept. 15 Indianapolis Marriott East Indianapolis
Sept. 17 Grand Wayne Center Ft. Wayne
Sept. 18 Horizon Convention Center Muncie
Sept. 23 Ritz Charles Carmel
Sept. 24 Adam's Mark Indianapolis
Sept. 30 Riverwalk Indianapolis
CPE Opportunities
Indianapolis
Aug. 25 Real Estate Accounting and Financial Reporting: Tackling the Complexities
Aug. 27 The Top 50 Mistakes Practitioners Make in Nonprofit Taxation and Governance Issues and How to Fix Them
Aug. 28 Advanced Partnership/LLC Workshop: How to Do Optional Step-Up in Basis Under §754 and Related Provisions
Aug. 31 Revised Yellow Book: Government Auditing Standards and OMB Circular A-133
Merrillville
Aug. 20 Negotiating Skills for Finance Professionals: Get What You Want When You Want It
Kokomo
Aug. 19 A&A Update
Aug. 19 Professional Ethics Update
Executive Education
Oct. 2 Implementing FIN 48 for Privately-Held Companies
Nov. 6 Generations Apart: Yet Only a Cubicle Away
Looking for alternative delivery? INCPAS now offers interactive LIVE online CPE!
Check out our online webinar calendar. Find trusted, convenient CPE in one location. With links to detailed descriptions of each webinar, you can find one that fits your needs!
Career Opportunities
Thinking of making a career change? The Society offers CareerBank.com, a job search tool. Check out this opportunity:

Staff Accountant — Rose-Hulman Institute of Technology is seeking a CPA or CMA with a bachelor's degree in accounting to provide accounting support to the Institute, prepare monthly reconciliations and a variety of regular reports and provide backup for accounts payable processing.

 

Indiana CPA Society  ~  8250 Woodfield Crossing Blvd., #100  ~  Indianapolis, IN 46240
(317) 726-5000  ~  1-800-272-2054
The Indiana CPA Society. Enhancing the professional success of our members.

© 2009 Indiana CPA Society. All Rights Reserved.

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