CPA ePerpsective
Professional News  Professional News

INCPAS/AICPA Rallies CPAs Against Onerous Tax Preparer Regs
CPAs across the country have been urged to contact the IRS to express concerns about the burdens of the tax preparer registration proposal. Review a background of the issue. A short sample letter can be found here.

Have You Completed Your Due Diligence?
Due diligence is an important part of Indiana unclaimed property law and a responsibility to your customers. Amnesty will expire on Nov. 1 — comply before enhanced auditing begins!

CPA Execs Grow Pessimistic on U.S. Economy
A quarterly economic outlook survey of CPA executives shows expectations for the U.S. economy turning negative on concerns about unemployment, a tight credit market and government policies.

Revenue Recognition — Most Pervasive Gap Standard Ever
Revenue Recognition, a joint exposure draft issued by FASB and IASB, has potential to impact every entity's day-to-day accounting and business through contracts with customers.

Lack of CPA Credential Hurt Accounting Professional's Job Search
Promotions within a Phoenix beverage company gave an ex-vice president of accounting a false sense that he wouldn't need a CPA credential. Nineteen months of unemployment changed his mind.



Aug. 26, 2010
Vol. 6, Issue 5

CPA e-Perspective

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DiscussionsSocial Media

As read on the INCPAS Community:

"(Diversity Summit) brought together a lot of different thinking about diversity in our profession and leaders in our communities"
Join the discussion!

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Keeping Up

XBRL
XBRL US Labs launches Brix, the world's first publicly available iPhone application.

FASB
Revenue recognition guidance from the FASB could lead to accounting software glitches unless tweaked by companies.

Tax Preparers
Return preparer application system to go live in mid-September

International Financial Reporting Standards
The SEC calls for comments on certain aspects of its IFRS work plan, which addresses six keys areas.


Information Technology

Business Communications: A Review of Virtual Office Pro Small Business Computing
Small Business Computing (8/11/10) Blackwell, Gerry

Hosted IP-based PBX service provider has taken the next logical step in cloud-based communications. Virtual Office Pro offers features with an enhanced package of capabilities.

Sponsored by: Information, Inc.


Career Opportunities

The INCPAS Career Center is a premier electronic resource for employers and jobseekers alike. We currently have job postings for: Indianapolis (2), Lafayette (2).

Visit careers.incpas.org today to view a complete list of job postings and gain maximum, targeted exposure.

Society News

Last Chance to Save 25% Off Professional Development!
The deadline to register for Value Plus is Aug. 31 — just think how much you could save on the total cost of your 2010 professional development! Register for a minimum of 40 hours in any combination of seminars or conferences (excluding CCFL, webinars and Professional Issues Updates), and save 25 percent.
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Tickets Are Now Available for Game Day with the Colts!
As Indianapolis anticipates another banner year for the Colts, tickets may not be easy to come by. Reserve your spot today for the INCPAS Game Day with the Colts on Oct. 10. Tickets are now available for this year's matchup against the Kansas City Chiefs. INCPAS provides more than just a ticket for this event — a brunch will be held prior to the game in a private room at the Crowne Plaza, and you can win Colts-themed prizes!
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CPA Candidates — Earn Big With Becker CPA Review
Did you know candidate members of the Indiana CPA Society receive $300 off a Becker CPA Review course? It's a great way to take stress out of sitting for the Exam! Plus, this member discount can be applied toward both live classes and the online review. For more information, contact INCPAS Member Services Associate Debbie Copp at (317) 726-5008 or toll-free at 1-800-272-2054.
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The Best $10 You Ever Invested ... Could Be Your PAC Contribution
Through strong government relations, INCPAS advocates on behalf of YOU, the profession and the public interest. We challenge you to step up and stay involved by making a contribution to the Indiana CPA-PAC.
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Volunteer Opportunities

Participate in this Year's CPA Day of Service
Promote the value of the CPA designation while helping improve your community at the eighth annual CPA Day of Service on Sept. 24. 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.

A&A Conference

Sept. 21

Join us at the 2010 A&A Conference at the Indianapolis Marriott East on Sept. 21. The experts from Loscalzo Associates, Ltd. return to bring you the latest accounting and auditing information and procedures — including presentations from crowd favorite, Greg Clark, CPA, and seasoned A&A speaker, Ralph Nach, CPA. Register today for the Early Bird discount!
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Upcoming Conferences & Events
9/9 Fondue and Fabulousness
9/21 A&A Conference
10/7 Young Pros: Culture and Cuisine
10/10 Game Day with the Colts
10/21 Young Pros: Games and Grub
10/21 Small Firm: Big Business sponsored by Tilson HR
11/10 Construction Conference
11/19 CPA Celebration presented by Harris Bank
12/2-3 Indiana Tax Institute sponsored by Harris Bank
12/10 Financial Services Conference
May 2011 Gabbing and Grapes at Easley's Winery (Save the Date)

Professional Issues Update

Change is rapid in the CPA profession, and the Society's FREE Professional Issues Update is the best way to gain insight and prepare for challenges ahead. Gary Bolinger, INCPAS president & CEO, is travelling to 13 different cities across the state from Aug. 20 to Sept. 28 to lead you in a presentation that quickly and concisely covers a range of issues that are vital to all CPAs. Find a PIU near you!
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8/27 Kokomo Country Club Kokomo
8/31 Evansville Airport Marriott *new location* Evansville
9/1 Holiday Inn Terre Haute
9/3 Hyatt Regency Indianapolis
9/8 Wyndham Indianapolis West Indianapolis
9/9 Indiana University *1-4:30 p.m.* Bloomington
9/14 Indianapolis Marriott East Indianapolis
9/16 Grand Wayne Center Fort Wayne
9/17 Horizon Convention Center Muncie
9/20 Century Center South Bend
9/21 Radisson Hotel at Star Plaza Merrillville
9/24 Renaissance Indianapolis North Carmel
9/28 Ritz Charles Carmel
   
CPA IN Perspective (Summer)

Check out the current issue of CPA IN Perspective.

The new digital edition of the magazine offers an environmentally-friendly and convenient way to gain access to everything INCPAS. Take it anywhere, turn pages with the click of a button and easily navigate through Society links.

Seminars
Indianapolis
8/30 Guide to the New World of Acquisitions and Consolidations
8/30 IRAs, Roth IRAs, SIMPLEs and SEPs: Contributions, Rollovers, Distributions and More
8/31 Compilation and Review Essentials — The New Rules for Local Partners
8/31 Fair Value Accounting: A Critical New Skill for All CPAs
9/8 Audits of HUD-Assisted Projects
9/9 CPAs Guide to Fraud and Abuse in Government and Non-profits
Fort Wayne
8/27 The Top 50 Business Tax Mistakes Practitioners Make and How to Fix Them
9/1 A&A Update
9/1 Professional Issues Update
9/9 QuickBooks for CPAs
South Bend
8/30 Form 990: AICPA's Answer to Unlocking the Tax Complexities
8/31 Frequent Frauds Found in Governments and Not-For-Profits
Merrillville
9/13 Frequent Frauds Found in Not-for-Profits
9/13 Revised Yellow Book for Financial Audits
Evansville
9/15 New FASB Developments for Business and Industry
9/15 Introduction to IFRS: Grasping the Big Picture
  Webinars

Check Out Our Online Webinar Calendar
INCPAS offers interactive LIVE online CPE! Find trusted, convenient CPE in one location. With links to detailed descriptions of each webinar, you can find one that fits your needs from a quality provider.
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INCPAS Online Catalog

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