Private Company Reporting — Three Options
The panel formed to study possible accounting standards for private company financial reporting, narrowed the list to three U.S. GAAP-based standard setting models. Terri Yohn, CPA, of Indiana University is one of 18 members on the AICPA-sponsored panel.

IRS Proposes Fee for Preparer Tax Identification Numbers
In the latest move to establish comprehensive regulation to increase oversight of federal tax return preparation, the IRS is proposing charging a $50 fee for individuals applying for a preparer tax identification number.

Reform Bill Signals More Compensation-Related Rules Are Coming
The Dodd-Frank Reform Bill, signed last week by President Obama, will help ensure internal audit departments are taking a harder look at executive compensation components and benefits.

What CPAs Needs to Know About the Code of Professional Ethics
As leaders of the financial world, CPAs should take a leadership role within the business community that signals unethical practices will not be tolerated — an idea that is instilled in the AICPA's professional standards.

Going Paperless Doesn't Have to Be Painful
CPAs have cited 'paperless' as a leading tech issue. Consider five helpful tips when going paperless: client access, employee access, on-line scheduler, all-in-one paperless tool, and finally — the right scanner!

International Financial Reporting Standards
Has planning for IFRS adoption lost its urgency? Recent statements from regulatory bodies indicate a slowing in proceedings.

Social Media
Consulting firms are expanding budgets for social media to drive thought-leadership marketing strategies.

Fair Value
FAS 157 has been rewritten. The new fair value rule, Topic 820, could be in place by the end of the year and is open for comment until Sept. 7.

Is Business Intelligence for Small Business, Too?
Small Business Computing (7/14/10) Blackwell, Gerry

Business intelligence encompasses multiple streams of a company, like sales, finance, and operating efficiency — what makes your business tick. This is a critical component often overlooked by small firms.

Sponsored by: Information, Inc.

The 2009-10 Membership Year Is Over — Did you Renew?
If you have not yet returned your dues payment, your membership is expired. But 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 the members-only benefits and discounts.

Only 30 Tickets Left for Upcoming Night at Victory Field
INCPAS Night at Victory Field on Aug. 10 is just around the corner. Come join us on the terrace and party deck behind third base for all you can eat and drink. To register, call (317) 726-5000 or 1-800-272-2054.

Your Colleagues Have Joined ... Have You?
CPA-to-CPA is a FREE, members-only program designed to help you seek or share advice through a confidential, peer-to-peer network. Offer to help other members as an advisor, and get answers when you need them on subjects outside of your expertise. All members can participate — register today to be a part of this unique service.

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.

Cast Your Ballot — the INCPAS Award Nomination Deadline Is Aug. 13
Casting your ballot is fast and simple. Do you know someone in public practice, business and industry or education who defines excellence? Who among emerging leaders, community service volunteers and profession advocates dedicates their time and effort to the betterment of their professional environment? Nominate that someone for an INCPAS award!

Career Opportunities

The INCPAS Career Center is a premier electronic resource for employers and jobseekers alike. Visit careers.incpas.org today to gain maximum, targeted exposure.

Tax Manager — Huth Thompson, LLP in Lafayette is seeking an experienced tax manager. Responsibilities include, tax return review, research, planning and staff management. CPAs with excellent communications skills and six or more years of experience are desired.

INCPAS Diversity Summit

Aug. 6

Come address the importance of diversity in serving clients and customers, supporting students entering accounting programs and the CPA profession, and ultimately benefit your firm or company at the inaugural INCPAS Diversity Summit. This event is a half-day program that allows you to tackle important issues while not infringing upon your busy schedule. Register and take a step in the right direction with other professionals, educators and students.

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, will travel 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!

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.

INCPAS Online Catalog