nysscpa
archive
subscribe

November 2002 Articles

AICPA Council Mulls Governance Reform N.Y. Presents Restructuring Resolution

New York —Reforms in the profession and the Institute were the key topics at American Institute of CPAs Fall Council meeting in October. (Article)

State Education Department Revises Proposed Rule on Record Retention

New York —State authorities have made significant changes to a proposed seven-year work paper retention rule originally released in August for public comment. (Article)

President's Commentary

In mid-October, a delegation of more than a dozen New York CPAs joined about 500 professional colleagues at the annual meeting of the American Institute of CPAs Council in Maui, Hawaii. (Article)

FAE In-Firm CPE: Solving Your Firm or Company’s Training Nee

The spotlight is on the accounting profession like few times in its history. The economic slowdown and increased attention on the work of auditors has challenged every CPA firm and company to make sure that its people are performing at the highest level possible. (Article)

What if CPAs Designed an Insurance Program for Themselves?

Imagine for a moment that you are faced with the cancellation of your professional liability insurance policy. (Article)

Disney Club Closes

The Disney Club will no longer be available to members enrolled in the program. The club has announced its decision to close on Dec. 31, 2003. (Article)

CPAs and Client Records

A client may request its records from a CPA for many reasons, including, but certainly not limited to, requests by federal and state agencies or because the client has enlisted a different CPA to handle its accounting and/or tax needs. (Article)

Building Member Participation: Committee Chairs Sketch Blueprint

Wanting more industry members to get involved, the Industry Oversight Committee, chaired by Richard E. Piluso, recently hosted an exchange meeting to provide helpful information and discuss methods for energizing the New York State Society of CPAs’ 21 industry committees. (Article)

Second Annual College Student Section

Last year, when The Trusted Professional published the first college student section, we hoped to generate interest in the CPA career path and bring what at the time was some badly needed attention to the accounting profession. (Article)

The Corporate World’s Scarlet Letter Becomes Students’ Badge of Honor

Nothing recalls scandal more than the tilted “E.” Like Nathaniel Hawthorne’s scarlet letter, Enron’s logo became the sign of ignominy for corporate deception, audit failure and handcuffed CEOs doing “perp walks” in courthouse squares. (Article)

A History of Accountancy (Article)

A Q&A with New York Jets Controller Michael J. Minarczyk, NYSSCPA Member (Article)

Honing the Skills That Pay the Bills

Young CPAs committees of the New York State Society of CPAs are an active vehicle for young professionals wanting to make work-related connections, as the committees strive to provide members with resources and opportunities that can help advance their careers in accounting. (Article)

Accounting Education Q&As (Article)

Singing Along with Howie: The Tax World’s Resident Piano Man

When he’s not running his own tax staffing company, Howard Kutcher performs another invaluable service—he lets those of us who haven’t a musical bone in our bodies momentarily pretend that we’re rock stars. (Article)

Saving Money, Saving Lives: New York Auditor Goes Full Circle

At 3 a.m. the night before Glenn E. Albin did an interview for The Trusted Professional, he helped treat a woman who had fallen asleep at the wheel and wrecked her car. (Article)

Long Island CPA Keeps It All in Focus

As a senior tax consultant for BDO Seidman, LLP, the sixth-largest public accounting and consulting firm in the United States, you might think Randy A. Schwartzman is pressed for time. (Article)

Career Opportunities: Coming to a School Near You

Every year, local chapters of the New York State Society of CPAs reach out to students with scheduled visits to area colleges and universities and awards evenings that honor academic excellence in accounting. (Article)

IT Equipment: Buy vs. Lease Decisions

How many times has your client asked you, “Should I buy or lease technology?” The decision involves more than just running numbers to see which option is the better economic deal, and with today’s changing technology it is even more important to review the choice in detail. (Article)

ISO 17799: IT Code of Practice for Information Security Management

Have you recognized the need to protect your company’s or your client’s information, and heard of the cyber risks, yet remain uncertain as to how to begin building a good information protection system? (Article)

Take Time to Meet the Press

Getting to know your local reporters, editors and producers can be a good first step to promoting yourself as a candidate for interviews. (Article)

Heating Oil Co-op Offers Savings to NYSSCPA Members

Finally there’s a way for New York State Society of CPAs members to get the kind of price breaks on heating oil that usually are only available to large-volume accounts. (Article)

Online Tools Can Simplify Payroll Management, Boost Bottom Line for CPAs

Client payroll management can be a major hassle for CPAs, who sometimes struggle with the dilemma of taking on demanding payroll tasks that may dilute profits, or referring clients to traditional payroll service vendors that may be unresponsive to some client’s needs, at a high price. (Article)