AICPA Identifies Tax Penalty Faults, Calls for Reform
In letters to Congress, Treasury and IRS, the AICPA calls for civil tax penalty reform stating concerns about the current system and straying from the original purpose of voluntary compliance with tax laws.

FASB Proposes Improved Fair Value Measurements
The FASB issues an exposure draft aimed at improving disclosures about fair value measurements, at the request of financial statements users. The deadline for comments is Oct. 12.

AICPA Chief Discusses Current Professional Issues
In this video, AICPA President and CEO Barry C. Melancon, CPA reports on issues ranging from legislative developments and regulatory activities, to future CPAs and accounting educators.

How's "Going Green" Affecting Your Bottom Line?
Practicing sustainability is not only good for the environment, it has become a competitive business tool that can lessen facility expenses. Discover energy-saving tips you can adopt right away.

As the Economy Evolves, So Will Senior-Level CPAs
A recent survey suggests the roles of CPAs in business operations are likely to evolve as focuses shift to cost savings and liquidity. CFOs surveyed predict 40 percent of senior-level CPA's time will be spent outside of traditional duties.

Diversity
The American Accounting Association recognizes the AICPA's Minority Initiatives Committee with prestigious diversity award.

International Financial Reporting Standards
Prepare for the transition now — form an IFRS project team with cross-functional members.

XBRL
XBRL seems easy and inexpensive for companies required to use it, but does it live up to all the hype?

Check out eight ways a wiki can help you re-adjust your time to get more work done, spend less time in meetings and more efficiently assemble, refine and reuse valuable information.

Sponsored by: Information, Inc.

Board of Directors Nominations
The INCPAS Nominations Committee is seeking recommendations for members to serve on the Society's Board of Directors. The individuals will be considered for a two-year term beginning July 1, 2010. You may nominate yourself or someone else. Nominations are due by Oct. 31. For additional information, contact Nominations Committee Chair Mark Lanning (812) 934-7256 or INCPAS President & CEO Gary Bolinger at 1-800-272-2054.

August/September Public Practice E-news Is Available Online
The newest edition of the Society's bimonthly newsletter created for members in public practice now is available.

CPAs Lead the Way

Crossroads of America Council, Boy Scouts of America, seeks a CPA with not-for-profit accounting experience to serve on its finance committee. The committee meets the third Tuesday of each month. If interested, contact Kevin McPherson at (317) 925-1900, ext. 236. Learn more about this and other board positions on the Society's CPAs Lead the Way web page.

Career Opportunities

We've launched a new, improved INCPAS Career Center! This premier electronic resource can be found on our web site at careers.incpas.org. Sign up today to gain maximum, targeted exposure.

Tax/Small Company General Accountant — Gatlin Financial Services in Valparaiso is seeking a tax/small company general accountant. Primary duties would include, tax work (individual, corporate, partnership) during tax season, and assisting other accountants with monthly and quarterly closings during remainder of year. CPA, or prospective CPA required. Two to three years of experience is preferred.

2009 A&A Conference

Sept. 22

Instead of scrambling to keep up with the dramatic changes coming to your profession, attend the 2009 INCPAS A&A Conference on Sept. 22 at the Indianapolis Marriott East and get ahead of the game. Top-rated instructors return to provide you with easy-to-understand updates in the daunting and ever-changing world of A&A. Get a jump start on your A&A requirements and the information you need — don't miss this conference!