Committee Service

Home | Join | Site Map

Search

	Committee Brochure
	General Information
	Committee Descriptions
	Application
	Printable Version of the Application
	Committees
	Home Page

About Us

Continuing
Education

Future CPAs

Gov't Affairs

Professional Resources

Society
Pubs.

Sound Advice

Tax Resources

Committee Descriptions

The following is a listing of NYSSCPA committees with abridged descriptions. A complete description of each committee may be found at www.nysscpa.org by clicking on “Find Committees” and then clicking on “About Committees.” One can also view committee schedules, a list of current members and prior committee minutes by clicking on “Find Committees” and then clicking on the committee name.

Operations Division
014	Members Benefits (+) – Reviews proposals submitted for new membership insurance, benefits and affinity programs, and selects those that will provide value added coverage and savings for members.
015	Membership (+) - Coordinates the Society’s efforts toward increasing and retaining membership and assuring that services provided by the Society will maximize member involvement.
907	Peer Review (+) – To implement the peer review program established by the Peer Review Board of the AICPA in New York State.
017	Professional Ethics (+) – Created under Article XI of the Bylaws, its authority and jurisdiction are defined in Article XII. Investigates complaints and promotes ethical behavior and standards.
961	Professional Liability Insurance (+) – Reviews and analyzes the Professional Liability Insurance (PLI) market in New York and oversees the Society’s endorsed PLI program.
090	Quality Enhancement Policy (+) - A Society senior policy committee whose purpose is to recommend to the Executive Committee and the Board strategic policy positions related to peer review, ethics, precertification education, continuing professional education and other areas. The committee is maintained such that a broad base of the Society is represented and includes members of the public who serve in an advisory capacity.
Accounting and Auditing Division
500	Accounting and Auditing Oversight Committee ^ - This serves as the body that studies and researches pronouncements regarding accounting and auditing (A&A). It coordinates activities with the PCAOB, responds to exposure drafts, studies emerging issues, provides conferences on relevant subjects, and serves as an advisor to members and staff. The committee provides oversight and guidance to the committees in the division.
T501	Accounting and Review Services – A resource regarding accounting and reporting issues as they pertain to compilation and review services for nonpublic entities.
T505	Auditing Standards – Responsible for commenting on exposure drafts, answering other auditing inquiries from authoritative bodies, developing educational programs, encouraging article-writing for The CPA Journal and offering guidance to members through the technical hotline. Provides opportunity to participate in standards-setting through responses to exposure drafts.
T511	Financial Accounting Standards – Prepares response letters to proposals from FASB, SEC and the IASB. Encourages discussion of current developments through technical discussions, joint activities with industry committees, and meetings with representatives from FASB and the PCAOB.
T 537	International Accounting and Auditing – Focuses on the accounting by, and auditing and regulation of, foreign entities whose financial statements are used in the U.S.; the accounting by and reporting on financial statements prepared for use in other countries; and the process of harmonization and convergence of accounting and auditing standards around the globe.
T525	SEC Practice – Focuses on securities regulation and the accounting, disclosure and reporting required of all registrants in every industry and on activities of the PCAOB. Holds annual SEC-FASB and SEC-PCAOB conferences and other technical sessions. Reviews significant SEC enforcement actions and responds to SEC proposals that affect accountants in public practice and private industry.
T 608	Technology Assurance – CPAs interested in technology assurance. Identifies and discusses technology assurance issues related to services CPAs provide to their clients and employers, presents a series of seminars, produces articles, comments on proposed standards.
Consulting Services Division
600	Consulting Services Oversight Committee ^ - Provides oversight and goals for all committees in the division. Encourages the continuing development of the role of the CPA in the discipline, increasing public understanding of consulting services performed by CPAs and assisting in the development of education programs for FAE.
609	Anti-Money Laundering and Terrorist Financing - Builds strategic relationships with members, academics, prosecutors, law enforcement agencies and other professional organizations involved in this area of practice. Analyzes current trends, prepares topographical studies, and sponsors a conference.
T 516	Bankruptcy and Financial Reorganization – Provides technical guidance related to bankruptcy, restructuring and workouts through seminars, meetings, and articles. Reviews and develops positions on exposure drafts and government regulations, and maintains a liaison between the Society and industry, government and other organizations.
T 607	Business Valuation – Focuses on current and evolving techniques and methodologies available for various business valuation purposes. Sponsors a conference, holds technical presentations, and addresses proposed accounting rules.
T 606	Information Technology – Focuses on the management of IT as related to real-world solutions for business processes. Forum for members to discuss the application of new and existing information technology to businesses and the profession.
T 533	Litigation Services - Focuses on litigation services, fraud, and forensic accounting. Sponsors conferences and writes articles. Presentations cover internet fraud, IP litigation, NASD arbitrations, expert witness training and litigation databases.
T 801	Mediation and Arbitration – Administers the Society’s mediation and arbitration program, which assists in the resolution of disputes between or among members. Also encourages members to become qualified alternative dispute resolution (“ADR”) neutrals in business disputes and advocates public acceptance of CPAs as qualified ADR neutrals.
Practice Management Division
4000	Practice Management Oversight Committee ^ - The committee oversees the Practice Management Division and assists those committees in achieving their goals. This committee also provides the committees with guidance for and coordination of activities and educational programs. It acts as a liaison between the committees and the executive branch of the Society.
4004	Human Resources – For members who are responsible for the human resources activities or interact with the human resources team in their organization, or advise clients on human resource issues or are otherwise interested in the role that human resources teams play in business.
2003	Large and Medium-Sized Firms Practice Management – Exchanges information on issues facing large- and medium-sized firms in today’s environment.
2005	Small Firms Practice Management – Exchanges information on unique issues facing smaller firms.
Industry Division
Industry Oversight Committee (^ 3000) - Monitors the activities of committees in the division and acts as liaison between them. Identifies the needs of members in industry, ensures services and information are provided to expand their professional skills, and encourages industry membership.
T 056	Agri-Business - Identifies, reviews and disseminates information with regard to FDA compliance, competitive markets, risk management, diversification and other topics of concern.
T 504	Apparel and Textile – Focuses on industry and public practice regarding issues affecting the apparel and textile industries. Sponsors an evening technical session on industry-related topics and provides membership with a consulting service.
T 506	Banking – Develops accounting, financial reporting and related business issues for the banking industry. Members in the banking industry and those in private practices who audit or provide advisory services to the industry should join.
T 536	Chief Financial Officers – Forum for senior financial executives in industry (CFOs, controllers, VPs of finance) to exchange ideas and knowledge.
T 507	Construction Contractors – A resource for members in private and public practice through educational programs and networking activities. Forum for legislative agenda, information exchange and responses to exposure drafts and inquiries, and holds an annual conference.
T 508	Entertainment and Sports – A resource for accounting, tax and business issues relevant to the industry. Forum for members representing talent to exchange ideas and information, and liaison between members and the relevant IRS industry units. Monitors relevant federal and state tax legislation, organizes an annual conference, and fields technical questions from members and the press.
T 515	Hospitality – Provides seminars on current practices, issues and trends in the hospitality industry. Forum for ideas and experience.
T3005	Investment Companies - A multi-disciplinary committee comprised of members of the Society who work for, or provide accounting, auditing, tax or consulting services to those entities which are subject to the AICPA's Investment Companies Audit and Accounting Guide, and their advisers. These include Investment Partnerships, Unit Investment Trusts, Mutual Funds, and other pooled investment vehicles.
T3002	Investment Management – For those interested in investment management, including financial institutions and products. Focuses on nontax aspects such as accounting, analysis, operations and regulation. Reviews and discusses the accounting and operational implications for originators, intermediaries and end-users of financial products that include debt, equity and derivatives. Comments on relevant legislative and regulatory proposals.
T 522	Publishing and Printing – Resource for publishing related topics and issues for members and other interested parties, and sponsors an annual conference. Comprised of professionals from magazine, book and newspaper publishing and auditors with expertise in those industries, and has moved into areas of multimedia.
T 523	Real Estate – Initiates the identification of emerging professional issues and prepares, reviews and responds to articles and exposure drafts that cover matters related to the real estate industry. It develops the program for the annual Real Estate Conference and offers guidance to members through the technical hotline.
312	Small Business Outreach – Increases the visibility of the CPA professional and offers insight to the public on the diverse impact the CPA can have on small businesses. Accomplished through a series of outreach programs, including seminars, media placements and the Internet.
T 527	Stockbrokerage – Provides a resource to members regarding accounting, financial reporting, and related issues of the industry. Provides technical, educational and networking activities, monitors new accounting rules or legislation, and interacts with regulatory bodies such as the SEC, the NYSE and Nasdaq.
Public Sector Division
5000	Public Sector Oversight - The committee provides oversight of committee structure and goals for all committees in the Public Sector Division. It also assists the committees in the development of programs enhancing the prestige of the CPA in the public arena and increasing public understanding of the services performed by CPAs.
T513	Government Accounting and Auditing - Identifies and responds to government accounting and auditing issues, prepares and reviews articles on relevant technical subjects, offers guidance to members through the technical hotline, and liaisons between the Society and governmental/nongovernmental organizations related to government accounting and auditing.
T514	Health Care - A resource to members regarding emerging accounting, reporting, reimbursement and tax issues for the healthcare industry. Addresses technical questions from members, provides liaison with government agencies—in particular the NYS Dept. of Health and Social Services—and monitors relevant legislation. Produces articles, a conference, and provides input to regulatory policy makers.
985	Higher Education - Develops recommended curriculum for future CPAs and provides liaison with representatives from higher education. Promotes interaction between educators and practitioners.
T520	Not-for-Profit Organizations - Resource for accounting issues affecting not-for-profits, provides leadership in implementing and understanding new standards and interpretations through education, and serves as liaison between the Society and industry, government and other related organizations. Also serves to address compliance issues with the Charities Bureau, and provides responses to exposure drafts.
T521	Public Schools - Addresses public schools accounting and auditing issues, including the delivery of continuing education and the development of technical standards. Fosters a working partnership between the Society and state and local agencies responsible for setting policy to address practical implementation.
3001	Legal Community, Relations with the - Composed mostly of CPAs who are lawyers. Establishes relationships with the NY State and NY City Bar Associations and provides interaction with the NYSBA Steering Committee on Commerce and Industry. Comments on multidisciplinary issues, assists the legal community to better understand the roles of the accountant and auditor, and assists NYSSCPA chapters in arranging networking events with lawyers.
Tax Division
*Tax Division Oversight Committee ( 400)** – Oversees the division and ensures that it provides integrated coverage of all areas of taxation for the benefit of Society members. Also provides guidance to committees on emerging tax issues and in preparing Society comments on proposed legislation.
T 403	Closely Held and S Corporations – Provides a forum and information sharing for members regarding specific sections of the Internal Revenue Code and related state laws dealing with closely held and S corporations. Holds technical presentations, sponsors CPE programs and produces relevant articles.
T 402	Consolidated Returns, Affiliated and Corporations – Addresses technical issues/developments in the consolidated return area. Sponsors CPE presentations, prepares articles for The CPA Journal, responds to member questions and provides guidance to the Society on related tax policy.
T 424	Employee Benefits – Forum for dissemination of information to members regarding specific sections of the Internal Revenue Code and related state laws dealing with employee benefits. Sponsors an annual conference.
T 407	Estate Planning – Forum for dissemination of information to members regarding specific sections of the Internal Revenue Code and related state laws dealing with the transfer tax laws and the planning techniques and strategies available. Consists of CPAs who may also be attorneys, CLUs, ChFCs, or PFSs, who practice at the forefront of estate planning in the U. S.
T 408	Exempt Organizations – Forum for members to analyze, discuss and comment on federal and state tax and regulatory laws as they affect tax-exempt organizations. Develops educational programs and offers guidance to members through the technical hotline, prepares articles, reviews proposed legislation and maintains liaison between the Society and federal and state governmental organizations.
T 410	Internal Revenue Service, Relations with – Works closely with IRS District and Service Center offices. Attempts to identify ways to simplify and reduce tax compliance burden. Various meetings are held with IRS representatives to explore issues. Offers guidance to members through the technical hotline and publishes articles for The CPA Journal and an IRS directory listing of key IRS office locations and personnel.
T 411	International Taxation – Provides technical assistance, educational programs, and networking activities. Monitors federal and state legislation and rules relating to cross-border tax issues, including reporting obligations, and provides a forum for commenting on pending tax laws and regulations affecting cross border tax issues.
T 413	New York, Multistate and Local Taxation – Fosters a relationship with the commissioners and officials of state tax departments. Provides technical assistance and disseminates information to members through education programs, the technical hotline and writing articles. Also proposes and reviews legislative and regulatory changes in the tax laws and procedures to simplify state, city and local taxation.
T 415	Partnerships and LLCs – Explores, analyzes and educates members on issues affecting partnership and limited liability companies and their partners and members, including tax law changes, planning strategies, compliance issues and client problems.
T 605	Personal Financial Planning – Forum where members can exchange ideas about current personal financial planning issues that they are facing, such as issues of a technical nature, concerns with licensing, and ethical matters. Sponsors two full-day annual conferences and publishes in The CPA Journal.
T 425	Taxation of Financial Instruments and Transactions – Reviews and discusses the tax implications of new and existing financial products, including debt, equity and derivative securities. Examines legislative, regulatory, administrative and judicial developments as they affect taxation of financial products. Features guest speakers, sponsors education programs, liaisons with government agencies and writes articles for The CPA Journal.
T 421	Taxation of Individuals – Provides information regarding tax law changes, compliance procedures and planning alternatives as they relate to the taxation of individuals. It sponsors education programs, holds technical presentations, writes articles for The CPA Journal and offers guidance to members through the technical hotline.
T 404	Taxation of Mergers and Acquisitions - Forum where members can discuss and analyze emerging transactional tax issues relating to mergers and acquisitions. Members interested in establishing their knowledge and network base in the area should join.
T 409	Trust and Estate Administration - Resource for members regarding estate and gift taxes, income taxes and fiduciary accounting. Provides technical, educational and networking activities, monitors federal and state legislation relating to transfer and income tax matters, provides opportunity to comment upon exposure drafts for new pronouncements and reimbursement issues, and offers implementation and interpretative guidance.

Legend:

T	Technical Committee
*	Prior Committee Service Required
^	Prior Committee Chair Service Required
+	Other prerequisites may apply