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| July 1, 2005 | The
Newspaper of the NYSSCPA |
Vol.
8, No.12 |
| Proposed Accounting Regs to Go Before Regents |
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NEW YORK—The New York State Board for Public Accountancy in early June recommended preliminary draft regulations that could have a major impact on the accounting profession, from extending SOA-like provisions to certain companies to considering disciplinary action by federal regulators as grounds for professional misconduct. On June 1, the state board met in Albany during a special session that introduced seven specific proposals, the bulk of which concern unprofessional conduct issues. |
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| School Audit Bills Make Headway |
| NEW YORK—Legislative proposals to bring enhanced financial oversight and accountability to New York’s public school districts made important strides last month. Continue... |
| Four Arraigned in Roslyn Schools Case |
NEW
YORK— On June 8, three former Roslyn public schools officials
and a fourth person were arraigned in a Mineola, N.Y., courtroom
on an indictment charging them with allegedly stealing millions
of dollars from the school district. All have pleaded not guilty
to the charges.
Continue... |
| President's Commentary |
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Having worked closely with the New York State Society of CPAs over the last several years, I’ve come to realize a very important but little-known benefit of serving in a leadership position for the oldest and largest state accounting organization in the country. The opportunity has required me and my fellow officers to take a step back, focusing attention on why we became CPAs in the first place. Continue... |
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