June 9, 2011 - Volume 11, No. 23
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Ex-Madoff Employee Pleads Guilty

KPMG Sued for Gender Discrimination

SEC Suspends Trading of 17 Companies

FAE Launches New Online Catalog

Cuomo Proposes Pension Reform Plan

The GA(AP) in Underfunded State Pension Liabilities

Many state government pension plans are seriously underfunded, which is looming as a significant financial crisis for the United States.

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Credit: Melissa R. Hoffmann
Members of the Quality Review Oversight Committee (QROC) discuss the processes by
which the QROC will operate when New York state’s mandatory quality review program
goes into effect on Jan. 1, 2012 at the group’s first meeting this week.

Quality Review Oversight Committee Holds First Meeting

The state's Quality Review Oversight Committee (QROC), the Regents-appointed, five-member body that will oversee the state's mandatory quality review program that goes into effect Jan. 1, 2012, met for the first time in Albany on June 7 to discuss the basic purpose, structure and functions of the committee.

International Tax, IT Audit and Finance Set to Be New Growth Areas for CPA Jobs

The changing nature of the world economy and the businesses that comprise it means changes for the CPA profession -- including specialty areas that may see increased growth over the coming years.

NYSSCPA Recommends Improvements to FASB Financial Instrument Impairment Proposal

The NYSSCPA criticized some provisions of a proposal recently issued by the Financial Accounting Standards Board (FASB) regarding accounting for financial instruments, and recommended several ways to improve it.

Outstanding CPA in Education Award: Samuel A. Dyckman

Samuel A. Dyckman has taught so many people within the CPA profession over the years that he often bumps into former students. But they’re not the bright, young, fresh-faced prospective CPAs he remembers.

Tax Reform on the Agenda at Upcoming NYSSCPA Conference

Is Washington capable of true tax reform? Three seasoned financial journalists will hash it out at the Strategic Planning for Your High-Net-Worth Clients Conference on June 23 in New York City.

2011 Conferences

6/13-6/14/11 - Statewide Young CPA Conference
- Register / Brochure
6/16/11 - Private Company Accounting & Auditing
- Register / Brochure
6/22/11 - Anti-Fraud & AML
- Register / Brochure
6/23/11 - Strategic Planning for High Net Worth Clients
- Register / Brochure
7/20/11 - Closely Held & Flow Through Entities
- Register
7/28/11 - Tax Planning for Individuals
- Register / Brochure
8/3/11 - Ethics Conference
- Register
8/11/11 - Construction Contractors Accounting, Consulting & Taxation
- Register
9/21/11 - Healthcare Conference
- Register

Technical Sessions

Evening Technical Sessions

6/16/11 - Withholding and ITIN
- Foreign Tax Credits / Section 911
- Cross Border Estate Taxation
- Tax Treaties and United Kingdom Taxation

Technical Sessions

6/16/11 - The World of Private Health Advisory

3 Park Ave., New York, N.Y. 10016-5991
Voice: (212) 719-8300 / Fax: (212) 719-3364
Questions? Comments?