News

 
  • JPMorgan Economist Says Conventional Wisdom on Recessions No Longer Works, and That's Good

    By:
    Chris Gaetano
    |
    Nov 12, 2019
    James Glassman, managing director of and head economist of commercial banking with JPMorgan Chase, said that while conventional wisdom indicates that a recession should be on the horizon, factors such as changing demographics and new monetary policy mean that all the usual signs don't really apply today. 
  • Two PCAOB Members Indicate 'Cultural Change' Is Goal

    By:
    Chris Gaetano
    |
    Nov 12, 2019
    Two members of the Public Company Accounting Oversight Board (PCAOB) remained mum on reports of infighting, politicization and a remarkable dropoff in inspection activities, but they did say that what observers are witnessing is a long-term effort to change the organization's broader culture. 
  • Crisis-Era Troubled Asset Relief Program (TARP) Has Made Back Everything Put Into It, Plus 3 Percent Gain

    By:
    Chris Gaetano
    |
    Nov 11, 2019
    Eleven years ago, the government created the Troubled Asset Relief Program (TARP) as part of a broad response to the international financial crisis. A recent report from the Government Accountability Office says that the program has since made back all $412.1 billion in program funds, and even made a 3 percent gain due to investments. 
  • Regulatory Roundup - Nov. 5-11

    By:
    Chris Gaetano
    |
    Nov 11, 2019
    ​With so many regulators out there, it can be tough to keep track of all the decisions being made. This is the NYSSCPA's regular series that collects relevant regulatory announcements from the past week, and puts them in one place to help you stay on top of the issues.
  • Federal Reserve Finds Top 1 Percent of Americans Hold Nearly As Much Wealth as Entire Middle Class

    By:
    Chris Gaetano
    |
    Nov 11, 2019
    The Federal Reserve Bank has revealed data indicating that recent economic gains have largely benefited the wealthiest Americans, as today the total amount of assets controlled by the richest 1 percent is nearly as much as the entire middle and upper-middle classes combined. 
  • Japanese Businesswomen Railing Against Bans on Wearing Glasses

    By:
    Chris Gaetano
    |
    Nov 8, 2019
    Japanese women are pushing back against corporate rules mandating strict adherence to certain beauty standards, such as not wearing glasses because, apparently, that makes them less appealing to customers. 
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Press Room

  • NYSSCPA Announces Moynihan Scholarship Fund’s Excellence in Accounting Winners

    By:
    Maya Lindsay
    |
    Aug 27, 2019
    NEW YORK – (August 27, 2019) – The New York State Society of Certified Public Accountants’ (NYSSCPA) Moynihan Scholarship Fund announced the 76 New York state students receiving the Excellence in Accounting Scholarships for the 2019-2020 school year.
  • New York CPA Society Elects 2019–2020 Moynihan Scholarship Fund Board of Trustees

    By:
    Maya Lindsay
    |
    Aug 13, 2019
    NEW YORK – (August 13, 2019) – The New York State Society of Certified Public Accountants (NYSSCPA) is pleased to announce their new Moynihan Scholarship Fund Board of Trustees, a nine-member governing body, which includes positions such as president, president-elect, secretary/treasurer and trustees from each NYSSCPA region, who all began their terms of office on June 1.
  • The CPA Journal Announces Max Block Award Winners

    By:
    Maya Lindsay
    |
    Aug 1, 2019

    NEW YORK – (August 1, 2019) – The CPA Journal, published monthly by the New York State Society of CPAs (NYSSCPA), announced the winners of its Max Block Distinguished Article Awards. Chosen by the magazine’s editorial review board members, the winning authors were recognized in three categories for the most outstanding and thought-provoking articles published in 2018.

  • New York CPA Society Elects 2019–2020 Board of Directors

    By:
    Maya Lindsay
    |
    Jul 23, 2019
    NEW YORK  – (July 23, 2019) – The New York State Society of Certified Public Accountants (NYSSCPA) is pleased to announce their new Board of Directors, a 39-member governing body, which includes positions such as president, president-elect, vice presidents, secretary/treasurer, directors as chapter representatives and directors-at-large, who all began their terms of office on June 1.
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