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Press Releases

  • NYSSCPA Honors George Foundotos with Distinguished Service Award

    By:
    Lois Whitehead, Public Relations Manager
    |
    Mar 23, 2012
    The New York State Society of Certified Public Accountants (NYSSCPA) will present George Foundotos, CPA, of St. James, with the Distinguished Service Award on May 10 at the Society’s 115th Annual Election Meeting Dinner at the Marriott Marquis Hotel in New York City. The Distinguished Service Award is given to CPAs who have set themselves apart as Society leaders and provided outstanding service to the NYSSCPA and the profession through dedicated service, contributions to publications, public service and other activities.
  • NYSSCPA Stresses Need for Enhanced Communication Standards between Auditors and Audit Committees

    By:
    Lois Whitehead, Public Relations Manager
    |
    Mar 6, 2012
    The New York State Society of Certified Public Accountants (NYSSCPA) voiced its support of new proposed requirements issued by the Public Company Accounting Oversight Board (PCAOB) that would enhance communications between Auditors and Audit Committees, but also suggested several key changes to the proposal.
  • NYSSCPA Supports New Guidance on Principal versus Agent Analysis

    By:
    Lois Whitehead
    |
    Feb 16, 2012
    The New York State Society of Certified Public Accountants (NYSSCPA) detailed its support of new guidance related to Principal versus Agent Analysis in its Feb. 10 comment letter to the Financial Accounting Standards Board (FASB).
  • NYSSCPA to FASB: More Clarification Needed on Proposed Investment Company Accounting Guidelines

    By:
    Lois Whitehead
    |
    Feb 16, 2012
    The New York State Society of Certified Public Accountants (NYSSCPA) expressed its support of two Financial Accounting Standards Board (FASB) proposed Accounting Standards Updates (ASU), but wants to see more clarification written into one of the proposals before the guidelines are implemented.
  • NY CPAs Support Cuomo’s Stated Commitment to Fiscal Responsibility

    By:
    Lois Whitehead
    |
    Jan 26, 2012
    The New York State Society of Certified Public Accountants would like to commend Governor Cuomo on the overriding principals that were applied to formulate his proposed 2012-2013 Executive Budget. When revenues are decreasing, as they are in New York State, it is essential to keep operating costs down—this is a basic premise of budgeting and financial planning that all CPAs adhere to. While the NYSSCPA neither supports nor opposes the methods in which Cuomo aims to reduce the state’s operating costs, what we applaud as CPAs is his stated commitment to do so.