Advocacy

  • FAE Speakers: Fed Plan Sparks Concerns About Fixed Income

    By:
    CHRIS GAETANO
    |
    Aug 5, 2014
    That’s what BlackRock’s managing director and chief investment strategist for fixed income, Jeffrey Rosenberg, told a group of CFOs and other financial professionals looking to navigate the fixed- income environment at the recent Foundation for Accounting Education’s CFO’s, Controllers, Treasurers, and Financial Professionals Conference in New York City.
  • Senate Passes CPA Firm Ownership Bill

    By:
    TRUSTED PROFESSIONAL STAFF
    |
    Jun 19, 2014
    On June 10, the New York State Senate passed a bill, S4596B, that would allow New York-based CPA firms to offer minority ownership stakes to a wider range of top-level professionals, not just CPAs. 
  • For an Opportunity to Make a Difference, Join the NYSSCPA Nominating Committee

    By:
    F. MICHAEL ZOVISTOSKI
    |
    Jun 17, 2014
    Are you interested in helping to select who will serve on next year’s NYSSCPA Board of Directors? If so, consider serving on the Society’s Nominating Committee.
  • CPA Journal Recognizes Most Innovative Stories of 2013

    By:
    ALONZA ROBERTSON
    |
    Jun 11, 2014
    The CPA Journal—a technical periodical for certified public accountants, regulators, educators and financial professionals published by the New York State Society of CPAs, and one of the nation's oldest publications—has announced the winners of its 2014 Max Block Awards.
  • Society raises red flags on SEC’s crowdfunding regs

    By:
    CHRIS GAETANO
    |
    Mar 6, 2014
    The NYSSCPA expressed some concern that a proposal from the Securities and Exchange Commission (SEC) regarding crowdfunding—a fundraising tactic in which small amounts of capital are solicited from a large number of sources—could reduce transparency and security and may ultimately open up numerous avenues for fraud by unscrupulous entrepreneurs. 
  • NYSSCPA Members Offer Free Tax Advice

    By:
    RICHARD J. KORETO
    |
    Feb 24, 2014
    Continuing a long tradition, Society members are once again are sitting on tax advice panels at various newspaper offices around the state. In mid-February, members gathered at the offices of Newsday to take questions that ranged from simple yes/no situations to highly complicated scenarios that would require further investigation. Sometimes the CPAs gave welcome news, and sometimes disappointing news, but they always left the taxpayers more enlightened.
  • Society Gives FASB Input on Financial Instruments and Other Plans

    By:
    Chris Gaetano
    |
    Feb 16, 2014
    The NYSSCPA weighed in on several proposals from the Financial Accounting Standards Board (FASB) as part of a recent spate of comment letters. In a letter released on Dec. 19, the Society responded to the FASB proposal, “Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements,” a measure aimed at reducing the cost and complexity of incremental reporting for development-stage entities, or entities that devote substantially all of their efforts to establishing a new business, and for which planned principal operations have not commenced or have not generated significant revenue. 
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