Features

  • As Sustainability Factors Become Mainstream Investment Strategies, Companies Take Notice

    By:
    Chris Gaetano
    |
    Dec 10, 2019
    Environmental, social and governance (ESG) factors related to corporate social responsibility are increasingly moving beyond specialized sustainability portfolios and into more general investment strategies, leading to growing investor action on issues that had once been considered ancillary to their interests, such as climate change and gender diversity.
  • In the Face of Possible Recession, CPAs Tell Clients: ‘Don’t Panic’

    By:
    Chris Gaetano
    |
    Dec 10, 2019

    Between market events such as the inversion of the yield curve on U.S. Treasury bonds and geopolitical risks such as the trade war with China, concerns that the country is headed for a recession have been growing steadily over the past few months. For instance, in March, a survey of 53 professional economic forecasters, conducted by the National Association for Business Economics, placed the odds of a recession sometime before the end of 2020 at 35 percent; by June, the same survey found that the estimated chances had risen to 60 percent. These signals have led some CPAs to begin preparing for a downturn, while others remain confident that they won’t be overly affected, given the differing levels of exposure to macroeconomic risk factors.

  • Rise of Sustainability Reporting Brings Questions of Motivation, Agenda

    By:
    Chris Gaetano
    |
    Sep 20, 2019
    The use of sustainability accounting has grown apace with a rising demand from both investors and consumers for information on firms’ environmental, social and governance-related (ESG) impacts to the point where, today, 85 percent of S&P 500 companies report on such matters in some form or another. Yet with this rise have also come concerns that, in some cases, these reports are less for informing stakeholders about accountability and growth, and more for managing public perceptions.
  • 2019 Leadership Conference Focuses on CPA Evolution, Strategic Planning

    By:
    Ruth Singleton
    |
    Sep 20, 2019

    At its 2019 Leadership Conference, held on July 28–30 at the Resorts World Catskills Hotel & Casino in Monticello, N.Y., the NYSSCPA focused on major changes within the profession, strategic planning for the future of the Society and preparing young members for leadership roles.

  • FAE Enhances Course Offerings, Lowers Pricing

    By:
    Ruth Singleton
    |
    Sep 20, 2019
    The Foundation for Accounting Education (FAE) is expanding its range of courses so as to better serve NYSSCPA members, and in recent months, has also significantly reduced prices for early registrants and those attending webcasts.
  • COAP 2019: Building the Pipeline

    By:
    Ruth Singleton
    |
    Sep 20, 2019
    This year, at three New York state college campuses in late June/early July, high school students of color attended multiday immersion programs introducing them to accounting, courtesy of the Career Opportunities in the Accounting Profession (COAP) program. Established more than 30 years ago, COAP is administered by The Moynihan Scholarship Fund, an affiliate of the NYSSCPA. The program teaches students that an accounting background can lead to a host of business careers.
  • 2019 Excellence in Accounting Scholarship Recipients Announced

    By:
    Ruth Singleton
    |
    Sep 20, 2019

    This year, the NYSSCPA, through its affiliated Moynihan Scholarship Fund (MSF), has awarded Excellence in Accounting Scholarships to 75 New York college students for the 2019–2020 academic year.