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News

The Trusted Professional | NYSSCPA

 
 

Features

  • Financial managers: GASB proposals on OPEB to have subtle impact

    By:
    CHRIS GAETANO
    |
    Sep 26, 2014
    chools, municipalities and other public entities will need to radically change how they calculate liabilities for other post-employment benefits (OPEB), if the Governmental Accounting Standards Board (GASB) approves three exposure drafts it simultaneously released this summer. However, experts say the impact will be subtle, with the biggest shifts occurring mostly in how information is presented. 

  • At 27, COAP program continues to win over the next generation

    By:
    ALONZA ROBERTSON
    |
    Sep 26, 2014
    They came from every corner of New York state—the 250 high school juniors who participated in this year’s Career Opportunities in the Accounting Profession (COAP) program—and they came with a shared goal: to get a firsthand glimpse of life in the profession. But, like scores of students before them, they left with more than they could have imagined. 

  • Doing the Right Thing: A CPA’s First and Foremost Concern

    By:
    THOMAS RAY, CPA
    |
    Sep 11, 2014
    Editor’s Note: Welcome to The Trusted Professional’s monthly column, Doing the Right Thing. Written by members of the NYSSCPA’s Professional Ethics Committee, it takes an in-depth look at how the Code of Professional Conduct can be applied to practical concerns. 

  • Society, FAE award student scholarships

    By:
    ALONZA ROBERTSON
    |
    Sep 10, 2014
    The NYSSCPA and its Foundation for Accounting Education (FAE) have awarded 68 New York college students Excellence in Accounting Scholarships for the 2014–2015 school year.

  • Speaking truth to power

    By:
    SCOTT M. ADAIR, CPA, NYSSCPA PRESIDENT
    |
    Sep 9, 2014
    As the unified voice for more than 28,000 CPAs throughout New York state, the NYSSCPA has always recognized its obligation to meet issues affecting our profession head on. This is true whether it means taking our concerns to a regulator or standards setter; to the Capitol Building in Albany; or to Capitol Hill in Washington, D.C. But we had a truly unique scenario last month, in which we found ourselves having to confront the president of the United States in defense of CPAs everywhere.

  • NYS DFS takes aim at virtual currency regs

    By:
    CHRIS GAETANO
    |
    Sep 8, 2014
    The New York State Department of Financial Services (DFS) has proposed a set of regulations to govern the transfer and use of virtual currencies such as Bitcoin, making this the first state in the country to do so. The proposal is intended to provide a framework for businesses that use virtual currencies, with consumer protection, anti–money laundering efforts and cybersecurity in mind.

  • FAE Speakers: Fed Plan Sparks Concerns About Fixed Income

    By:
    CHRIS GAETANO
    |
    Aug 28, 2014
    That’s what BlackRock’s managing director and chief investment strategist for fixed income, Jeffrey Rosenberg, told a group of CFOs and other financial professionals looking to navigate the fixed- income environment at the recent Foundation for Accounting Education’s CFO’s, Controllers, Treasurers, and Financial Professionals Conference in New York City.
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