March 20, 2008

A Service of NYSSCPA.org
Vol. 8, No. 12

Dear Subscriber

This week in the E-zine: More probes on refund anticipation loans; regulators weigh in on SOX; the Nassau comptroller talks special districts; and we talk how to avoid hacking and preview upcoming CPE opportunities.

The NYSSCPA E-zine staff will continue to cover and report on these topics that are important to New York area CPAs. Further, staff members of the Society and FAE also stand ready to help with questions on CPE and FAE courses, conferences and seminars.

Thank you for your continued interest.

Sincerely,

NYSSCPA.org Web Site Staff

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Newsbrief Roundup

Bear Stearns Probe Zeroes In on Stock Sale

Former Brocade Official Sentenced in Backdating Case

DiNapoli's Office Completes School Audits

Fed Cuts Interest Rates Three-Quarters of A Point

David Paterson Sworn In as N.Y. Gov.

 
 
News Stories

The Role of NASBA, State Boards in Accounting Ed.
By Nicholas J. Mastracchio Jr.

The issue of what accounting education should consist of and to what extent state regulators should be involved is a topic of great interest to the entire profession. State boards of accountancy have the responsibility to determine if a CPA candidate has sufficient education, experience, and examination success to be licensed.


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N.Y. Probes Tax Preparers for Discrimination

ALBANY, N.Y. -- New York’s Division of Human Rights has filed complaints against tax preparers Jackson Hewitt and Liberty Tax Service, saying they disproportionately target minorities and military families for high-interest refund anticipation loans, and sued H&R Block to get information on its practices.

Auditing Update

NEW YORK -- This week in auditing news: New charges in the KPMG case; BDO Seidman may owe millions more; and auditing watchdogs grade Sarbanes-Oxley high.

Weitzman: N.Y. Must Clean Up Special Taxing Districts

NEW YORK -- Systems of government can be changed by an election, a revolution, or sometimes even a tea party. Change is an American tradition that started more than 235 years ago when taxpayers grew dissatisfied with their ruling government and what they viewed as an unfair tax burden.

CFO Committee Learns How to Protect Data from Hackers

NEW YORK -- If you’re the leader of a major company reliant on its information systems, someone like Robert Cioffi is either your best friend or your worst nightmare.

FAE to Kick Off Conferences in May

NEW YORK -- The Foundation for Accounting Education (FAE) is kicking off its summer season in May with conferences throughout New York state on topics including accounting and auditing, employee benefits, broker/dealer issues, and estate administration.

Upcoming Society/FAE Events

2008 Conferences

5/8/08 - Government Accounting & Auditing (NYC)
- Register / Brochure
5/13/08 - Government Accounting & Auditing (Albany)
- Register / Brochure
5/14/08 - Broker/Dealer

- Register
5/14-5/15/08 - The 2008 CPA Business Tech Expo
5/15/08 -
111th Annual Election Meeting & Dinner
5/19/08 - 5/20/08
- Business Valuation

- Register / Flyer
5/21/08
- Estate Administration

- Register / Brochure
5/28/08 - Employee Benefits
- Register
6/5/08 - Anti-Fraud
- Register
6/12/08 - CFOs, Controllers, and Financial Execs
- Register
6/17/08 -
Acct. & Auditing in the Non-Public (Non-Issuer) Environment
- Register
6/19/08 - Personal Financial Planning & Eldercare
- Register
6/25/08
- IRS Practice and Procedures

- Register


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