July 1, 2008
The Newspaper of the NYSSCPA
Vol. 11, No.12

What's Inside

And The Winners Are …

Society Tech Hotline Heats Up

Creating Liquidity for Private Business Owners

Rule Changes Highlighted at Employee Benefits Conference

Crime to Courtroom: Anti-Fraud Conference Takes CPAs Through the Process

'One Tough Cop' Dietl Opens FAE Anti-Fraud Conference

Filing for Estates with Charitable Interests and Split-Interest Trusts

FASB Forum Outlines IFRS Challenges in U.S.

A Seat at the Table

Patricia O’Malley, an International Accounting Standards Board member between 2001 and 2007, talks to roundtable members about U.S. cultural issues in a world heading toward International Financial Reporting Standards, at a Financial Accounting Standards Board (FASB) forum at Baruch College in Manhattan on June 16.

By Colleen Lutolf, Trusted Professional Staff

NEW YORK—America’s financial regulators seemed to have already sealed the fate of hundreds of thousands of CPAs practicing in the U.S. by promising them that the United States will forego the use of U.S. generally accepted accounting principles (GAAP) in favor of a single, global set of standards, sometime within the next few years.

Continue...

Audit Finds Iraq Funds Mismanaged

By Melissa Hoffmann Lajara, Trusted Professional Staff

NEW YORK—Two recent audits of reconstruction contracts in Iraq paint a disturbing picture: more than $8 billion in taxpayer funding and seized Iraqi assets spent with no regard for federal rules and little, or no, recordkeeping. Continue...

Barry Named Deputy Executive Director

By Colleen Lutolf, Trusted Professional Staff

The NYSSCPA’s 29,000-plus members now have a deputy executive director. Joanne S. Barry, previously the NYSSCPA’s managing director of communications, was promoted to deputy executive director in May. Continue...

Too Cozy with Clients? Expo Ethics Keeps CPAs Current

By Melissa Hoffmann Lajara and Valerie Lum, Trusted Professional Staff

Ernest Patrick Smith, an internal auditor, financial investigator and member of the Society’s Professional Ethics Committee, held the AICPA’s Code of Conduct book up over his head. Continue...

Chapter Newsletters

BROOKLYN
Message from the President
BUFFALO

Message from the President

MANHATTAN/BRONX

Message from the President

Chapter Members Learn to Help Clients Invest While Following Their Hearts

MID HUDSON
Message from the President
NASSAU
Message from the President
ROCKLAND

Message from the President

SYRACUSE
Message from the President
UPFRONT ARTICLE
Related Party Transactions

 


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