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| February 15, 2006 | The
Newspaper of the NYSSCPA |
Vol.
9, No.3 |
| Alan Hevesi Speaks at FAE Nonprofit Conference |
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NEW YORK—Enhanced accountability in financial reporting was the issue on everyone’s mind as New York State Comptroller Alan Hevesi addressed the more than 400 attendees of the Foundation for Accounting Education’s 28th Annual Nonprofit Conference on Jan. 18 at the Marriott Marquis in New York City. Hevesi discussed increased expectations for accounting and auditing in the public and not-for-profit sectors. |
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| State Board Examines Peer Review |
| NEW YORK—Among
the topics covered at its Jan. 25 meeting, the State Board for Public
Accountancy weighed the options of reforming the profession’s
current peer review system vis-à-vis the Society’s
white paper on peer review reform, and proposed loosening educational
requirements for substantial equivalency for licensure by endorsement.
Continue...
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| Taxpayer Advocate Tackles Public Concerns |
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WASHINGTON—The
Internal Revenue Service should increase their face-to-face contacts
and fix problems resulting from taxpayers’ refund service,
the National Taxpayer Advocate office said in a recent report to
Congress.
Continue... |
| President's Commentary |
| It is the time of year for many NYSSCPA members to focus on their tax practice, and those same members also may be looking forward to the provision of a wide array of tax services to clients. Tax practitioners should take a look back at recent federal, state and city tax law proposals, issues and legislation that will affect the 2005 tax year and also look forward to anticipate how those changes will affect the coming tax year. Continue... |
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