Fed Takes First Steps in Pension System Overhaul

The Ins and Outs of Launching a Business

Committee Profile: Employee Benefits

NYSSCPA Awards Program

NYSSCPA Hall of Fame Award

By Stephanie R. Myers

NEW YORK—New York State Comptroller Alan Hevesi has admitted using a state employee as a chauffeur for his wife since March 2003 and subsequently paid the state $82,688 to cover the estimated use, but his actions are continuing to draw fire from some groups. Continue...

By Stephanie R. Myers

NEW YORK—The Financial Accounting Standards Board recently issued a standard, No. 158, that will require employers to fully recognize in their financial statements the obligations associated with single-employer defined benefit pension, retiree healthcare and other postretirement plans. Continue...

By James A. Woehlke, NYSSCPA General Counsel

The NYSSCPA Board of Directors, at its meeting on Sept. 21, 2006, passed two new standing rules, one that creates a governance subcommittee of the board on an ongoing basis and another providing a “sense of the Board” that the Society’s President should take an active role in the appointment of members to the committees that report to the Society’s Executive Committee or Board. Continue...