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News

The Trusted Professional | NYSSCPA

 
 

Accounting

  • NYSSCPA Promotes “Exchange”

    By:
    RICHARD KORETO
    |
    Apr 15, 2014
    NYSSCPA members are used to participating in discussions on the Society’s Facebook page and LinkedIn group, as well as in other social media ventures. Now, the NYSSCPA is taking it to the next level with a new online community exclusively for members and organized specifically by committee and chapter. The Society’s new site “Exchange—the NYSSCPA’s Social Network,” gives members the ability to extend their networking activities at society events by continuing to engage with colleagues after attending a committee meeting or FAE course. 

  • Society to FASB: widen reach of foreclosed properties proposal

    By:
    CHRIS GAETANO
    |
    Apr 9, 2014
    The NYSSCPA generally agreed with a proposal from the Financial Accounting Standards Board (FASB) that would standardize the treatment of foreclosed properties when they’re backed by a loan from the U.S. Department of Housing and Urban Development (HUD), but said that the guidance should be applied well beyond the residential developments that were the focus of the exposure draft.

  • Demand For Sustainability Information is Clear, But Its Place in Regulatory Regime is Not

    By:
    CHRIS GAETANO
    |
    Apr 8, 2014
    Public companies are increasingly under pressure to produce corporate sustainability reports—disclosures that go beyond the bottom line and paint a picture of an entity’s environmental and social impacts. However, the question of how this data can be accurately conveyed and how it relates to an entity’s legal regulatory filings remains a subject of debate—as evidenced by a recent butting of heads between the Securities and Exchange Commission (SEC) and a new organization that has released its own set of voluntary guidelines for sustainability reporting.

  • Getting unstuck: How to press the “restart” button in your career

    By:
    PEI-CEN LIN, CPA, SPHR
    |
    Apr 4, 2014
    Spring, with its spirit of renewal, is the perfect time to breathe new life into your career (and dust off all those work-related resolutions you made on New Year’s Day). These six action items will help you to keep your professional pursuits moving in the right direction, especially if you’ve been on cruise control all winter. 

  • Preparation Levels for Lease Standard Proves Mixed

    By:
    CHRIS GAETANO
    |
    Mar 5, 2014
    Though the Financial Accounting Standards Board (FASB) is set to release its long-awaited overhaul of lease accounting rules sometime this year, many entities say they are still behind in efforts to prepare for the new standard.  

  • Society Offers Suggestions on Foreclosed Properties Proposal

    By:
    CHRIS GAETANO
    |
    Mar 3, 2014
    The NYSSCPA generally agreed with a proposal from the Financial Accounting Standards Board (FASB) that would standardize the treatment of foreclosed properties when they’re backed by a loan from the U.S. Department of Housing and Urban Development (HUD), but said that the guidance should be applied well beyond the residential developments that were the focus of the exposure draft. 

  • NYSSCPA Session Focuses on ACA Details

    By:
    RICHARD J. KORETO
    |
    Feb 25, 2014
    The Affordable Care Act is always making news, whether because of court challenges or technology issues. But getting relatively little attention have been the details of how it works—who needs to sign up and how, what subsidies are available and the costs and variations among the plans. Daniel G. Mazzola, CPA, CFA, a member of the NYSSCPA Personal Financial Planning Committee, took a step to rectify this in a Feb. 11 presentation for CPAs titled, "How Will The Affordable Care Act Affect Me?"
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