COMMITTEE ACTION PLAN
Committee is the senior technical committee of the New York State Society of
CPAs with respect to financial and accounting matters promulgated by the
Financial Accounting Standards Board (FASB), including the Emerging Issues Task
Force, the Private Company Council (PCC) and the Financial Reporting Executive
Committee prepares Comment Letters in response to exposure drafts from the FASB
and participates in the preparation of Comment Letters with other committees on
topics that involve accounting and other technical matters, such as
international accounting standards and SEC matters.
Committee encourages discussion of current accounting developments through:
on "pipeline" issues at FASB, EITF, PCC, FinREC, etc.
of technical inquiries
activities with other committees
members respond to technical hotline inquiries from Society members, and
inquiries are discussed at Committee meetings
Committee also encourages members to prepare articles for Society publications,
and members serve as contributors/authors/reviewers for the Accounting
Department of the CPA Journal and disseminate information on emerging topics.
The Committee may also sponsor educational sessions on emerging issues and posts
"Hot Topics" to the Society's website, www.nysscpa.org.
Committee also provides members with the opportunity to use the Committee as a
forum for discussing accounting and financial reporting issues encountered in
interested in impacting developing accounting standards. Standard-setters do consider our input!
involved in financial reporting, quality assurance and consultation functions
Anyone who wants to impact the views of
open to learning from others
who wants to benefit from sharing day-to-day experiences with fellow CPAs
interested in writing articles
who wants to bring fresh viewpoints to your Chapter members. If necessary,
chapter representatives can participate.
who wants to be a liaison with industry Committees
in the Committee is open to all NYSSCPA members who express an interest and are
willing to devote the time necessary to actively participate in the Committee's