News

 
  • Regulatory Roundup: Dec. 4-10

    By:
    Chris Gaetano
    |
    Dec 10, 2018

    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.

        
  • SEC Seeking More Holistic Approach to Regulation, Greater Emphasis on Financial Reporting Quality

    By:
    Chris Gaetano
    |
    Dec 10, 2018
    Securities and Exchange Commission Chair Jay Clayton and Chief Accountant Wesley Bricker, during an AICPA conference on current SEC and PCAOB developments today, outlined their approach to financial regulation, which emphasizes greater reporting quality as well as a more holistic approach—one in which regulators and the entities they oversee understand themselves as part of an integrated system working together to produce high-quality financial data. 
  • New PCAOB Taking 'Clean Sheet' Approach to Inspections

    By:
    Chris Gaetano
    |
    Dec 10, 2018
    The Public Company Accounting Oversight Board (PCAOB), following 100 percent turnover from its previous members last year, is taking what Chair William D. Duhnke III said was a "clean sheet" approach that re-evaluates every aspect of the inspection process.
  • Congrats to NYSSCPA members with 40-year anniversaries!

    By:
    NYSSCPA Staff
    |
    Dec 7, 2018
    The following list includes NYSSCPA members with 40th anniversaries. A list of members with 70th, 60th and 50th anniversaries will be published on page 19 of the December 2018 issue of The Trusted Professional.


     

  • Speaker: Appeals Process Adapting to Growing Budget Constraints

    By:
    Chris Gaetano
    |
    Dec 7, 2018
    The IRS appeals process, like the agency as a whole, has had to become creative in doing more with less in the face of growing budget constraints, which have limited the scope of what agents can do. 
  • Taxpayer Advocate: IRS Has 81 Percent False Positive Rate for Refund Fraud

    By:
    Chris Gaetano
    |
    Dec 7, 2018
    National Taxpayer Advocate Nina Olson, speaking at the Foundation for Accounting Education's IRS Practice and Procedures Conference on Dec. 7, said that the IRS is in dire need of a new fraud filtering system, as the current one has a false positive rate—the proportion of returns the IRS marked as potentially fraudulent that in fact came from legitimate taxpayers—of 81 percent.
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Press Room

  • Lilly Ledbetter to Keynote Women's Leadership Conference, Jan. 18

    By:
    Maya Lindsay
    |
    Dec 6, 2018

    NEW YORK – (December 6, 2019) – Lilly Ledbetter, activist and plaintiff in the Supreme Court discrimination case against Goodyear Tire & Rubber Co. that led to the Lilly Ledbetter Fair Pay Act, will discuss transforming workplace culture during the New York State Society of CPAs (NYSSCPA) Women’s Leadership Forum on Jan. 18, 2019. The forum will be held at Midtown Loft & Terrace, 267 Fifth Ave., in New York City, from 8:30 a.m.–5:15 p.m.



  • GreenWave Advisors Founder, Matt Karnes to Keynote Cannabis Conference, Dec. 11

    By:
    Maya Lindsay
    |
    Nov 27, 2018
    NEW YORK – (Nov. 27, 2018) – Matthew Karnes, CPA, founder of Greenwave Advisors LLC, will discuss the state of the cannabis industry during the New York State Society of CPAs’ (NYSSCPA) Cannabis Conference on Dec. 11, at Convene, 730 Third Avenue, in New York City. During the conference, Karnes will share what’s to come in legislation, market growth and investments, as well as a five-year outlook on the future of the legalized cannabis industry.
  • New York Accountants to Hold Cannabis Conference Dec. 11

    By:
    Maya Lindsay
    |
    Nov 20, 2018
    WHO: The New York State Society of CPAs’ (NYSSCPA) Cannabis Industry Committee is proud to present its first Cannabis Conference, which will offer exclusive insight into the ever-growing billion-dollar cannabis industry.
  • Jan C. Herringer Elected President of NY’s Largest CPA Group

    By:
    Maya Lindsay
    |
    Jun 14, 2018
    NEW YORK – (June 14, 2018) – Jan C. Herringer, CPA, partner at BDO USA, LLP, one of the largest accounting and advisory firms, began her one-year term as president of the New York State Society of CPAs (NYSSCPA) on June 1.
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