News

 
  • PCAOB Finds Fewer Independence Violations in Broker-Dealer Audits, But High Deficiencies Overall

    By:
    Chris Gaetano
    |
    Aug 21, 2018
    The Public Company Accounting Oversight Board (PCAOB) has issued a report based on its inspections of broker-dealer auditors in 2017, finding that the number of independence violations has gone down, but overall there are still a high number of deficiencies. 
  • Study: Companies Raise Hiring Standards When Economy is Bad

    By:
    Chris Gaetano
    |
    Aug 21, 2018
    One of the questions that has puzzled economists is why, following the 2008 financial crisis, it took so long to get employment rates back to pre-crisis levels despite large numbers of job openings. A recent study has found that one possible factor was a marked increased in educational and experience requirements taking place at the same time. 
  • Regulatory Roundup: Aug. 15-21

    By:
    Chris Gaetano
    |
    Aug 21, 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.

  • Appeals Court Backs IRS over AICPA in Preparer Registration Case

    By:
    Chris Gaetano
    |
    Aug 20, 2018
    The U.S. Court of Appeals for the D.C. Circuit has sided with the IRS over the AICPA, allowing the agency to keep its voluntary return preparer program. 
  • SEC Eliminates 'Duplicative' 'Overlapping' or 'Outdated' Disclosure Requirements

    By:
    Chris Gaetano
    |
    Aug 20, 2018
    The SEC, arguing that the current disclosure requirements have become bloated with redundant and obsolete information, voted to introduce a new set of standards that it hopes will reduce compliance costs and simplify procedures. 
  • Elon Musk Admits No One Reviewed Tweet on Taking Tesla Private

    By:
    Chris Gaetano
    |
    Aug 17, 2018
    Tesla CEO Elon Musk, in an interview with the New York Times, said that no one had seen or reviewed his bombshell tweet about taking the company private, which blindsided both regulators and his own board members. 
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Press Room

  • 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.
  • NYSSCPA Announces Winners of 2018 Excellence in Financial Journalism Awards

    By:
    Maya Lindsay
    |
    May 17, 2018

    NYSSCPA Announces Winners of 2018 Excellence in Financial Journalism Awards

    NEW YORK — (May 17, 2018) — The New York State Society of Certified Public Accountants (NYSSCPA) is pleased to announce the winners of its 2018 Excellence in Financial Journalism Awards (EFJs).

    This award recognizes reporters from the national and local press whose work was published, posted or broadcast in 2017, contributed to a better and balanced understanding of business or financial topics. Winners were selected by a panel of judges comprised of NYSSCPA members and financial journalists, who ranked submissions on accuracy, quality and thoroughness of research as well as a fair and balanced representation of the topic. This year’s winners will be honored during a luncheon ceremony on June 8 at The Tribeca Grill in New York City.


  • Enter the 2018 Excellence in Financial Journalism Awards!

    By:
    Maya Lindsay
    |
    Feb 1, 2018

    NEW YORK – (Feb. 1 2018) – It’s about that time again! The Excellence in Financial Journalism Awards (EFJ) — honoring the best in business news journalism — is calling for submissions. Broadcast, print, radio and online news organizations and reporters can submit financial news stories that were published, posted or aired between Jan. 1 and Dec. 31, 2017. Business book authors and publishers can also enter this nationwide contest.

  • NYSSCPA's Trump Tax Reform Team of Accounting Experts Available for Interviews

    By:
    Maya Lindsay
    |
    Nov 2, 2017

    NEW YORK – (Nov. 2, 2017) – The U.S. House of Representatives released today its long-awaited tax reform bill, which includes major tax cuts, a new corporate tax rate, new tax brackets, and a deal on the state and local tax (SALT) deduction.

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