Features

  • Newsmaker: New FASB Member Opens up About Priorities

    By:
    Chris Gaetano
    |
    Jul 16, 2019

    Susan M. Cosper, previously the technical director for the Financial Accounting Standards Board (FASB), was appointed as a FASB member on May 1, for a term that will run through 2024. As technical director, she was a driving force behind many landmark accounting standards, as well as the formation of the Private Company Council (PCC), an advisory body to the FASB on private company matters. She took the time to talk to The Trusted Professional about the transition from staff to board member, challenges to the financial accounting landscape, and the future of the accounting profession.

  • As Sustainability Frameworks Multiply, Navigating Them Becomes a Concern

    By:
    Chris Gaetano
    |
    Jul 16, 2019

    Sustainable business practices, once largely an afterthought in the corporate world, are growing in significance, as more companies become aware of how environmental, social and governance (ESG) factors affect their bottom line. This development has sparked a rising demand for clarity on where companies stand on these issues and what they’re doing to improve these wide-ranging practices. Seeking to meet this demand are dozens of organizations that arose to provide various frameworks for measuring sustainable corporate behavior.

  • Society Honors Past Leaders and Looks Ahead, at Installation Dinner

    By:
    Ruth Singleton
    |
    Jul 16, 2019

    On May 29, the NYSSCPA hosted “An Evening of Celebration with the 100th President,” to honor Ita M. Rahilly, who became the 100th president of the Society, succeeding Jan C. Herringer. The dinner took place at The University Club in Manhattan.

  • Society Honors Best Financial Reporting of 2018 at EFJ Awards

    By:
    Ruth Singleton
    |
    Jun 10, 2019

    At the NYSSCPA’s Excellence in Financial Journalism (EFJ) Awards luncheon on June 7, the Society honored some of 2018’s best financial journalism, as well as the reporters and other professionals who produced it. Cezary Podkul, a Wall Street Journal senior reporter and two-time EFJ Award winner, served as the luncheon’s keynote speaker. He spoke before an audience of approximately 35 journalists, editors and awards judges at the Tribeca Grill in New York City.

  • The 2019 NYSSCPA Awards: Education Award Winner William Dresnack Keeps Students Focused on Practical Realities

    By:
    Chris Gaetano
    |
    May 13, 2019

    William H. Dresnack, the 2019 winner of the Dr. Emanuel Saxe Outstanding CPA in Education award, is chair of the Finance & Accounting Department at Rochester Institute of Technology’s Saunders College of Business, where he helps prepare the next generation of CPAs. His teaching philosophy has a thoroughly practical bent.

  • The 2019 NYSSCPA Awards: Distinguished Service Award Winner J. Michael Kirkland Renowned for His Generosity of Spirit

    By:
    Chris Gaetano
    |
    May 13, 2019
    If you have attended any Society event in the last decade, particularly if you’re in the New York City area, it is highly likely that, at some point in time, you have run into J. Michael Kirkland, former Society president and the winner of this year’s NYSSCPA Distinguished Service Award. Even if that’s not the case, you have almost assuredly run into someone who knows him and has at least one story involving him. This is because, for years, he has been a consistent and expansive presence in the Society, having served it in virtually every capacity imaginable.
  • The 2019 NYSSCPA Awards: Public Service Award Winner Steven Morse Has Been a Lifelong Community Volunteer

    By:
    Chris Gaetano
    |
    May 13, 2019

    NYSSCPA member Steven M. Morse, the recipient of this year’s Arthur J. Dixon Public Service Award, is passionate about volunteering. While this could describe many people, the sheer scope and scale of his volunteer activities over the years would be difficult to match, especially considering his having to balance them with his career and family life.