September 2004
The Monthly Newspaper of the NYSSCPA
Vol. 7, No.12

What's Inside

NYSSCPA Developing Continuity of Practice Program

AICPA Survey to Gauge Opinions on GAAP

Marketing Matters

The Buyer's Edge

State Official Lauds Tax Dodge Crackdown

Schnapp Decisions

Keys to a Sound Mind and Body

A Fresh Start

'Out of the Box' Ideas for Audit Independence

State Badly Needs Accounting Reform

12 Candidates Seek Positions on 2004 - 2005 Nominating Committee

Full Ethics CPE Draws Crowd to Young CPA Forum

The Inside Story

Long-Term Care Insurance: A 21st-Century Necessity?

Sarbanes-Oxley Makes Opportunities for Smaller Firms

Analyst Looks at the State of the Market

The Paperless Office: Going the Distance to Achieve Maximum
Satisfaction

Always Use an Engagement Letter

On the Air With a Media-Savvy CPA

First Black Female CPA in N.Y. Celebrates 50 Years in Profession

On the Dais

From left: Closely Held and Flow-Through Entities Conference Cochairs Richard D. Nichols and Mark O. Israel join Closely Held and S Corporations Committee Chair Scott M. Cheslowitz and speaker J. Terence MacAvery during Mark H. Levin’s (not pictured) presentation. Levin spoke on the effects of the 2003 federal tax law on New York state and New York City and the governor’s proposed budget for 2004–2005.
“The speakers we had were very well received by the 100 or so people who attended,” Cheslowitz said of his committee’s conference. “And I was happy that so many members of the Closely Held and S Corporation Committee attended or presented.”
The conference was held on July 28 at the New York Helmsley Hotel in Manhattan.

By Kate Prouty

New York’s first black female CPA lives in Queens. She does yoga, travels and volunteers for the AARP as a tax counselor during tax season. On Sept. 16, she’ll celebrate 50 years as a certified public accountant.

Bernadine Coles Gines was certified in 1954, embarking on what would not prove to be the easiest career path for a black woman at that time. Even after she moved to New York to get the M.B.A. that Virginia would not allow her, she, like all black men and women trying to enter the field then, was met with resistance.

“I sent letter after letter from the YWCA in Harlem, where I lived, but not one person replied,” Gines said. “When I got married and moved to Queens, I got a few more responses with that address.”

Continue...

Taxing Times

By Simon Eskow

NEW YORK—Existing efforts to reform the alternative minimum tax (AMT) have been characterized by some observers as a Band-Aid approach to fixing an endemic problem. There currently are at least three bills in the House of Representatives aiming to correct problems with the AMT, which was passed into law more than 33 years ago. Continue...

Member Ballot Needed for 2004 - 2005 Nominating Committee

By Raymond M. Nowicki, NYSSCPA Secretary

All CPA members of the Society will receive a ballot in late August to determine who will serve on the 2004–2005 Nominating Committee. To be counted, the ballots must be returned by Sept. 27 to Prompt Mailers, the independent ballot-counting agency specified on the ballot. The results of the election will be announced via an e-mail to the entire membership and in the November issue of The Trusted Professional. Continue...

President's Commentary

By John J. Kearney

I am writing to you after the Society’s fourth annual Leadership Conference at the Sagamore Hotel on Lake George. Based on feedback I received, the participants found the conference informative and beneficial, exchanging a number of ideas that will result in a successful year at the committee and chapter levels. Continue...

Chapter Newsletters

BROOKLYN
Message from the President
BUFFALO
Message from the President
MANHATTAN/BRONX
Message from the President
MID-HUDSON
Message from the President
NASSAU
Message from the President
NORTHEAST

Message from the President

Chapter Committee Takes Action: High School Outreach and Inaugural COAP

QUEENS
Message from the President
ROCHESTER
First Annual COAP Program in Rochester Only the Beginning
SYRACUSE
Message from the President
UTICA
Message from the President
WESTCHESTER
Message from the President

 


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