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alabama society of certified public accountants
August 25, 2009
latest news

 

 

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Tech Conference

FAAC

GAAF

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technology Membership Survey

ASCPA Membership Task Force Wants Your Feedback!

 

The ASCPA Membership Task Force is evaluating the ASCPA's Member Benefits Program and would like your feedback!

 

Have ideas about benefits or services the ASCPA could offer members? Let us know!

 

Please take the time to complete this very brief survey and let your voice be heard:

http://www.surveymonkey.com/s.aspx?sm=KxH_2fLEi2Dqrt43VXZ9vOmg_3d_3d

 

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CPE with ASCPA

Looking for CPE hours?

We offer a variety of relevant topics and flexible formats for you!

 

Check out our online catalog for both 4-hour and 8-hour course offerings. Sort by city or topic, or print the complete schedule:

Online Catalog

Printable Catalog

 

Interested in web-based learning? CPACrossings and ACPEN offer courses perfect for you: http://www.ascpa.org/Content/ContinuingEducation/Webcast.aspx

 

Looking for a little flexibility? Don't forget about our online self-study courses written by Dr. Ratcliffe and Dr. Grice:

http://www.ascpa.org/Content/ContinuingEducation/SelfStudyCoursesOnline.aspx

 

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Financial Accounting and Auditing Conference

Attend the 17th Annual Financial Accounting & Auditing Conference

Gain Insight on Current A&A Topics

 

Update on Auditing Standards for Nonpublic Companies

Mike Glynn, Technical Manager, Audit and Attest Standards, AICPA

 

2008-09 KPMG Forensic Integrity Survey and Elements of Fraud Risk Management

Justin H. Snell, Director/ Sarah H. Jacobs, Manager KPMG Atlanta, Georgia

 

Update on Compilations and Reviews

Mike Glynn, Technical Manager, Audit and Attest Standards, AICPA

 

Friday, September 25

Auburn Montgomery

8 hours of A&A CPE Credit

$215 for Members/$265 for Nonmembers

Download Brochure

Register

 

For more information about our other conferences, visit our website:

http://www.ascpa.org/Content/ContinuingEducation/Conferences.aspx

 

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ASCPA Clusters

We've hand-picked these classes for you and

we're bringing them to your doorstep.

 

 

Check out these local classes on our website:

http://www.ascpa.org/Content/ContinuingEducation/Clusters4hours.aspx

 

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red tape Changes to Compilation & Review Services Proposed

Biggest Changes to Compilation and Review Services

Since 1978 May Be Ahead; Hear What’s Proposed

 

In late April, the AICPA's Accounting and Review Services Committee released an exposure draft that would revise the standards for compilation and review engagements. Comments were due July 31; the committee is now reviewing the comment letters and will consider issuance of final standards at meetings this fall. The changes, designed to address concerns of small businesses, users of small-business financial statements and CPAs who serve smaller entities, would allow an accountant to issue a review report on financial statements when also performing nonattest services that were designed to improve the reliability of the client's financial information.

 

Additionally, the proposed standard would harmonize review standards with the International Auditing and Assurance Standards Board's review standard ISRE No. 2400 as well as recodify AR section 100, Compilation and Review of Financial Statements, into separate chapters for compilation and review engagements. Get all the details from Tom Ratcliffe, chair of the ARSC Reliability Task Force, as he discusses how the new compilation and review paradigm would work in Part I and Part II of this podcast series.

 

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technology Technology CPE

 

The Tech Savvy CPA: It's a Technology World--Are You in It?
Information Security and Other Myths: 40 Top Measures for Securing Your Company and Customers
QuickBooks for Accountants 2009
Advanced Excel
Outlook for Accountants: Get Organized Today!

 

Don't forget about our Technology Conference coming up

Thursday, August 27 and Friday, August 28

Pelham Civic Complex

More Details

 

Need a place to stay? We have negotiated a discount rate with Hampton Inn & Suites in Pelham for $105. This rate includes breakfast and free high speed internet access. Just mention discount rate code: CPA. Call to book your room today: (205) 313-9500.

 

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megaphone Get a Jump Start on Tax Season

Tax season will be here before you know it. Are you ready and do you have the current information to save you and your client money?

 

9/4
Alabama Sales and Use Tax by Bruce Ely and Friends
9/8
Comparing and Contrasting the Tax Aspects of S Corporations, Partnerships, C Corporations, Sole Proprietorships, and Limited Liability Companies
9/9
Make Money for You and Your Clients: Surgent McCoy's Top Individual Tax Planning Strategies
9/17
Multistate Income Tax: Mastering the Complexities
9/22
Estate Planning Essentials: Tax Relief for Your Clients' Estates
9/24
Taxation Essentials of LLCs, LLPs LPs and Other Partnerships

9/28

Tax Malpractice: Understanding Your Risk and Protecting Yourself and Your Firm

 

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megaphone Join us on the web!

What's all this hype about the ASCPA and social networking?

See for yourself—here's the rundown.

 

facebook

91 people in our Facebook group

 

linkedin

110 people in our LinkedIn group

 

twitter

636 followers on Twitter

 

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ASCPA Barebones Classes

Our basic, stripped down classes that will

save you a lot of dough

 

Check out ASCPA Barebones classes coming to your area soon.

$145 for Members and $195 for Non-members

A&A Update September 3 September 14 September 28
Tax Update September 14 September 17  
FASB Update September 2 September 3  

 

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Recession Revs Up CPA Career Plans

Recession Revs Up CPA Career Plans

by Rick Telberg, Editor—www.cpa2biz.com

 

While the CPA profession is proving remarkably recession-resistant, the worst business downturn since the Great Depression is nevertheless taking a toll.

 

To be sure, a number of firms and finance organizations have been forced into painful layoffs, although the latest jobs report from the U.S. Bureau of Labor Statistics (BLS) shows a net seasonally adjusted 4,000-job increase from June to July at accounting and bookkeeping services, bringing the industry workforce to about 940,300. Still, that's down from a year-ago July, when the BLS reported 947,500 jobs in the industry. READ MORE at www.cpa2biz.com

 

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Fraud and Internal Controls

 

Learn to identify the red flags of fraud in financial information and analyze a variety of fraud schemes. Classes include addressing personnel fraud, revenue recognition, various financial statement manipulations, theft of capital assets, purchasing fraud, and other common areas of interest.

 

9/9
Identifying Fraudulent Financial Transactions
Dothan
9/10
Common Frauds and Internal Controls for Revenue, Purchasing and Cash Receipts
Huntsville
9/22
Common Frauds and Internal Controls for Revenue, Purchasing and Cash Receipts
Montgomery
9/25
Auditing Real-World Frauds: A Practical Case Application
Birmingham
9/30
Forensics and Financial Fraud: Real World Issues and Answers
Tuscaloosa

 

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Source Needed!

Are you a CFO or other non-IT executive that has direct reports in IT?

(or has the IT department reporting to you)

 

A writer from a large financial magazine would like to use you as a source in an article. The reporting set up needs to have occurred in the past year or 18 months at most.

 

If you're interested in this opportunity and meet the above qualifications, please e-mail rbox@joemoneymachinery.com.

 

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About the ASCPA

The Alabama Society of Certified Public Accountants [ASCPA] is the statewide, professional membership organization representing over 6,500 Alabama CPAs in public practice, industry, government and education. Eleven chapters, various committees and task force groups made up of CPA volunteers develop programs and address issues to help all members be successful professionals. Visit www.ascpa.org

 

Visit ASCPA Online

© 2009 Alabama Society of CPAs | PO Box 242987 | Montgomery, AL 36124