Latest Articles

  • SEC Appoints Two-Person Team to Head Enforcement Division

    By:
    Chris Gaetano
    |
    Jun 12, 2017
    Stephanie Avakian and Steven Peikin have been named as the co-heads of the SEC's Division of Enforcement. 
  • How to Get Your LinkedIn Profile Ignored by Recruiters

    By:
    Chris Gaetano
    |
    Jun 12, 2017
    Professional recruiters spend a lot of time reading through profiles on LinkedIn. In a recent article in FastCompany, some of them discuss the biggest mistakes they see in how people construct these profiles. 
  • House Passes Dodd-Frank Rollback

    By:
    Chris Gaetano
    |
    Jun 9, 2017
    The House of Representatives passed a bill that, if implemented, would roll back certain key provisions of the Dodd-Frank Act. 
  • Speaker: Local Govts. Challenged by Sluggish Property Tax Revenue Growth

    By:
    Chris Gaetano
    |
    Jun 9, 2017
    Six years after the establishment of the property tax cap in New York state, local government entities struggle with finding adequate revenues at a time of increasingly uncertain federal and state aid levels. 
  • Speaker: Audit Quality Remains Poor for Employee Benefit Plans, May Have Gotten Worse

    By:
    Chris Gaetano
    |
    Jun 8, 2017
    Acting Chief Accountant of the Department of Labor Michael Auerbach said today that, despite efforts to improve the quality of employee benefit plan audits stretching back to the late 80s, audit quality today is no better than when they first started, and in fact might even be worse. 
  • Speaker: Retirement Plan Litigation on the Rise

    By:
    Chris Gaetano
    |
    Jun 8, 2017
    Avery Neumark, the Partner-in-Charge of the firm’s Employee Benefits and Executive Compensation practice at RSSM, said at today's Employee Benefits Conference that there's been a wave of lawsuits against both private and not-for-profit entities about the quality of their retirement plans.

  • Society Honors Best Financial Reporting of 2016 at EFJ Awards Luncheon

    By:
    Ruth Singleton
    |
    Jun 8, 2017

    At the NYSSCPA’s 34th Annual Excellence in Financial Journalism Awards luncheon on June 8, the Society honored some of 2016’s best financial journalism and the reporters and other professionals who produced it.  Richard Tofel, the president of Pro Publica, an independent, nonprofit organization that produces investigative journalism in the public interest, 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

  • Society Supports Legislation Requiring Mandatory Peer Review for All Firms

    By:
    Ruth Singleton
    |
    Jun 8, 2017

    New York State is the only state in the country that does not require mandatory peer review for all CPA firms that take on attest engagements for clients. The NYSSCPA is advocating for legislation (S6026A/A7895A), now pending in both chambers of the state Legislature, to change that. 

  • IRS Rolls Out Revamped FATCA Registration System

    By:
    Chris Gaetano
    |
    Jun 7, 2017
    After four years of delays, the IRS officially launched its now-revamped registration system for foreign financial institutions to comply with the Foreign Account Tax Compliance Act. 
  • Study: 39 Percent of Workday Spent on Actual Work

    By:
    Chris Gaetano
    |
    Jun 7, 2017
    A survey of 600 knowledge workers at large companies has found that 39 percent of the workday is spent performing primary job duties, with other time filled up mostly with attending meetings and catching up on emails.