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In this month's issue, our focus is on “the state of the profession” with regard to both CPA firms and individual professionals—the management of a practice, the recruitment and retention of new talent, the pursuit of business opportunities and career goals. The accounting profession, like many others, is facing a host of challenges, from a difficult economic climate to a changing technology paradigm to a demographic transition. But with these challenges come opportunities for growth and reinvention that nimble firms and adaptable individuals will be able to capitalize upon.
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  • NextGen makes our future bright
    Jan 26, 2016
    I heard a great saying the other day: “You can never be wrong by doing what is right.” As I continue my year as president, I am constantly reminded that CPAs are held to a higher standard, so just remembering that responsibility should makes it easy for us to do what is right.
  • SI’s revamped Annual Tax Conference continues success in second year
    Jan 26, 2016
    For the past two years, the Staten Island Chapter has applied a more proactive approach with the planning of its Annual Chapter Taxation Conference.
  • How to Successfully Handle Criticism
    Feb 3, 2016

    An important measure of success is how you handle criticism. But whether you’re an entry-level accountant or a partner, taking criticism is hard.  Typical (and understandable, if not ideal) responses to criticism include getting defensive, or even lashing out with your own criticism. However, the best way to respond, according to Inc, is to accept the criticism, and grow from it. Here’s how:

  • Three Reasons Why Office Small Talk Matters
    Feb 2, 2016

    According to Fortune, a reasonable amount of small talk may actually increase worker productivity. Here are three reasons why.

    Feb 8, 2016

    Good morning,

    Take a look at the most recent NYSSCPA news highlights and other trending financial news stories.


  • On Hold with the IRS? New Service Will Do the Waiting for You
    Feb 5, 2016
    Waiting on hold with the the government can be stressful. But at least one service, enQ, is marketed to people dealing with the glacial slowness of government bureaucracy, specifically the IRS and Social Security Administration. 
  • GAO: CFTC Violated Accounting Rules
    Feb 5, 2016
    The Government Accountability Office (GAO) said in a legal decision that the Commodity Futures Trading Commission (CFTC) violated accounting rules, confirming what Big Four firm KPMG said last month when it withdrew seven years' worth of audit opinions. 
  • IRS E-File Service Back Up
    Feb 5, 2016
    The IRS has announced that yesterday's computer outage has now been fixed, and e-filing services have resumed. The IRS emphasized that taxpayers do not need to take any additional actions due the outage, including those who filed right before the disruption. 

Carry It Forward

Internal Audit Committee