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Practice Continuation for Small Accounting Firms

Message from the 2005 - 2006 NYSSCPA President

By Allison Schiff

NEW YORK—Following former New York State Department of Taxation and Finance commissioner Andrew S. Eristoff’s resignation at the end of October, Gov. George E. Pataki named the Department’s own executive deputy commissioner, Barbara G. Billet, as the Acting Commissioner of Taxation and Finance effective Nov. 4. Continue...

By Stephanie R. Myers

ALBANY—In spite of government inquiries over improper use of a state driver for his ailing wife, New York State Comptroller Alan Hevesi defeated J. Christopher Callaghan and was re-elected for another term. Hevesi defeated Callaghan 59 percent to 39 percent, a defeat that was larger than many pollsters had predicted. Continue...

By Dennis O’Leary, NYSSCPA Legislative Counsel

NEW YORK—State Board for Public Accountancy Executive Secretary Dan Dustin on Nov. 15 announced that the State Education Department is now interpreting a provision in the Commissioner’s Regulations 70.6(c)(4) to permit the Department to accept four hours of ethics continuing professional education completed in another state, so long as the out-of-state course or program is offered and conducted by a sponsor approved by that state’s licensing authority or the National Association of State Boards of Accountancy, under standards substantially equivalent to those of New York’s State Education Department. Continue...