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Staff
Photo
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Jeffrey
Abramczyk, a speaker at the May 9 Broker/Dealer
Conference and member of the Stock Brokerage
Committee, talks about regulator reform
sparked by the Madoff fraud and changes
in risk management practices.
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Speakers
at the Foundation for Accounting Education’s
Broker/Dealer Conference on May 9 illustrated
how the fallout of Bernie Madoff’s multi-billion
dollar Ponzi scheme has changed the rules for
broker-dealers in the post-Madoff landscape,
beginning with how such schemes are being recognized
and identified as suspicious.
As
2011 drew to a close, New York updated
its guidance on real estate transfer taxation.
Unlike many other state taxes, which are
payable on set schedules, transfer taxes
are due shortly after the transaction occurs,
so there's no way to simply download a
reminder onto an online calendar.
Jeanette
M. Franzel was appointed to serve on the
Public Company Accounting Oversight Board
in February. She previously served with the
Government Accountability Office as a managing
director, where she supervised audits of
government agencies and programs, and oversaw
the updating and issuing of the Generally
Accepted Government Auditing Standards (the
Yellow Book). The NYSSCPA spoke to Franzel
on April 16.
All
businesses start with an idea—a website where
people can see what their friends are up
to, a chain of gourmet coffee shops—but
it takes more than that to establish a successful
business. It takes financing, infrastructure
and paperwork. A lot of paperwork.
From
time to time, we're going to introduce our
readers to their fellow members from around
the state, to make them more aware of the
wide range of CPAs who belong to NYSSCPA—from
the eastern tip of Long Island to the shores
of Lake Erie. We'll learn a bit about them,
and hear in their own words why they're NYSSCPA
members. |
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CPA Journal
Some
tax advisors have, for many years,
advised individuals that they can
take a charitable contribution
deduction for the value of a building
(typically, a personal residence)
donated to a municipality. |
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