No. 2009, January 2009
Index
- Experience everything OSCPA has to offer.
- Looking over the horizon.
- Picking up the pace.
- Who's going to catch you?
- A new chapter in the controversy over fair value measurements: the controversy surrounding FAS 157, Fair Value Measurements, may be far from over. Following the release of the fair value guidance, FASB is being lauded by some and criticized by others for allegedly failing to follow due process and for "easing" the fair value rules.
- Changes at the SEC: what it means for IFRS and fraudsters: new SEC chair reorganizes priorities.
- Ready, set, codification: effective July 1, 2009, the FASB Accounting Standards Codification[TM] became the single source of authoritative nongovernmental U.S. GAAP.
- What the SEC's roadmap means for the future of IFRS: rule could require U.S. public companies to use IFRS beginning in 2014.
- What is the biggest challenge for CEOs during a recession?
- Where do small business owners go for advice?
- Cash flow: managing capital in a turbulent market: with today's volatile economy, maintaining effective cash flow and managing working capital have taken on greater importance in businesses of all sizes. Add in restricted liquidity and tightened credit markets, and a once rainy day has become the perfect storm. Clients and customers look to CPAs to help them weather this storm. Is your umbrella big enough?
- Countdown to tax season 2009: the landscape has changed since the terrain of tax season was last travelled. Here are nine of the most important changes Ohio CPAs need to know before navigating this year's tax season.
- Navigating a turbulent economy: downsizing can mean many different things--ranging from a staff reduction due to a short term economic downturn to long-term restructuring of the company's business model.
- Ohio's piece of the pie: how the recovery act affects you: when President Obama signed the American Recovery and Reinvestment Tax Act of 2009 (the Act), he ensured more than $300 billion worth of net tax cuts for businesses and individuals across the country. Locally, the Act will direct more than $8 billion to Ohio.
- An inside look at the AICPA/FASB private company financial reporting committee.
- Changes at the BWC: interview with Marsha Ryan: ideally, insurance programs operate quietly in the background, providing peace of mind.
- 2008 MAP survey results: find out what your peers are doing.
- Tomorrow's CPAs: how changes to the CPA exam are challenging and preparing future CPAs: nothing may be more significant in the professional life of a CPA than preparing for, taking and passing the CPA Examination. And quite possibly, nothing is more difficult. It's a rite of passage--an experience that all CPAs have in common.
- Can you spare a dime? Automated solutions ensure sales tax compliance.
- Where are the Baby Boomers going?
- 2018: a world of global accounting and virtual business.
- Blackberry bold-ly goes farther than skeptic expected.
- Coming soon! OSCPA launches CPA Voice, discontinues Catalyst: did you see the latest news? It comes streaming from the Internet in split seconds, crowding Inboxes and workdays. Anyone can publish anything at the press of a button, leaving recipients on their own to filter the noise.
- Google Docs: http://docs.google.com.
- Succession planning: who's going to catch you if you fall? No one is indispensable, but to your clients, it's close. Consider what would happen to your practice if you were unable to work for a period of time, or permanently.
- Economic woes drive the legislative agenda: anyone with a newspaper or a floundering 401(k) knows the U.S. economy is struggling at best. Fiscal problems are especially grim here in Ohio.
- Inside the minds of young CPAs.
- Are future CPAs prepared? The status of ethics education: in the court of public opinion, ethical behavior is a key determinant of value and trust. Unfortunately, a few bad actors can taint perceptions of the performance of an entire cast.
- Strickland budget reflects economic struggles, new approaches.
- Why should I care about social media? Remember when the Internet was a nerd thing that some people expected to be just a fad? Today, the Internet is a core part of business and life that's constantly evolving. Welcome to the age of "social media.".
- Thank you to the 2008 Ohio CPA/PAC contributors: Ohio CPA/PAC, the only state political action committee dedicated solely to the interests of the accounting profession, provides Ohio CPAs with an effective and efficient vehicle to collectively help elect pro-business legislators to the Ohio general assembly.
- Centered on you: 2008-2009 annual report.
- Microsoft Office online training http://office.microsoft.com/en-us/training default.aspx.
- Netbooks: the newest thing in laptops and Windows operating systems.
- Patenting tax strategies: what it means for the accounting profession: imagine filing your company's or your client's tax return. Weeks later, you receive notice that ACME tax services is suing you for patent infringement. This is the possibility with patented tax strategies. Several pieces of legislation are pending to remedy the situation. In the meantime, what does this mean for CPAs?
- New bill promotes CPA/client testimonial privilege: whether you work in public accounting or the corporate sector, there is pending, OSCPA-backed legislation that will be of great interest--and benefit--to you: the creation of a CPA/client testimonial privilege.
- Independence of Accountancy Board of Ohio at risk.
- State budget bill continues in Ohio House.
- Tax code reform next on president's agenda.
- Centennial Campaign report.
- OSCPA opposes new card check legislation: conflicts continue to surround controversial unionization legislation.
- BWC 2009 rate recommendations a mixed bag for employers.
- Government advocates claim Ohioans receptive to tax increase.
- Make your voice heard with Ohio CPA/PAC: Ohio CPA/PAC is the only political action committee dedicated to protecting the collective interests of CPAs in Ohio. Ohio CPA/PAC has an impressive 95% success rate in supporting winning candidates, incumbent legislators and statewide office holders.
- Ohio Chief Audit Executive brings order to state agencies: there's a new sheriff in town. ......
- OSCPA, CAT coalition files amicus brief in Grocers Association challenge of the CAT.
- Passenger rail, unemployment and COBRA changes included in transportation budget.
- CPAs can make a difference in their communities.
- Excel: the Conditional Sum Wizard and the SUMIFS function.
- Incoming OSCPA Chair says CPAs can help drive economic recovery and restore public confidence: in the past year, Americans have witnessed unprecedented times in our nation's history as companies and individual citizens deal with the aftermath of a partially collapsed financial system, rampant foreclosures, growing unemployment and a brutal credit crunch.
- Move over TwitPic--there's a new kid in town.
- Get off the sidelines and into the action--volunteer!(Involvement)
- OSCPA Career Center: unemployment assurance during uncertain times: OSCPA members facing employment uncertainty or a layoff can access the OSCPA Career Center for practical career information and help making connections with potential employers.
- OSCPA defends the interests of Ohio CPAs: Governmental Affairs. Advocacy. Lobbying. No matter what you call it, from a membership association perspective, members rank it among the most important services OSCPA provides. It's also often among the most intangible at times, and the most misunderstood.
- Restructured Young CPA activities kick off across Ohio: whether you have recently joined the profession or have a few years under your belt, taking advantage of The Ohio Society's Young CPA section is a great way to meet peers and Society leaders.
- State budget deliberations a struggle; first interim budget in 18 years signed.
- Student Ambassadors advance Ohio CPA Foundation's mission: the Student Ambassador Program, a flagship initiative of The Ohio CPA Foundation since 2001. uses the power of peer-to-peer influence to help undecided students see the benefits and opportunities of obtaining an accounting degree and pursuing the CPA license.
- Year-end gifts drive Centennial Campaign total higher: after the January/February issue of Catalyst went to press, The Ohio CPA Foundation received a handful of final pledges to The Centennial Campaign, which ended in November last year.
- Diversity program changing the face of business for future CPAs: support the next generation of CPAs as an ACAP-Ohio sponsor.
- Congressional delegation meets with OSCPA members during Society Fly-in: thirteen OSCPA members and keypersons addressed important accounting and business issues with members of Ohio's congressional delegation at the 6th annual Congressional Fly-in, held April 27-28 in Washington.
- Margaritis nominated as 2009-2010 chair-elect: Peter A. Margaritis, CPA is the recommended candidate for 2009-2010 chair-elect of The Ohio Society's Executive Board. If the Nominating Committee's unanimous recommendation is accepted, he will serve as chair of the Board for the 2010-2011 activity year.
- Volunteers ease consumers' concerns during tax season: stress levels 'dial up' for many CPAs during tax season. Nevertheless, when Ohio taxpayers dialed into local tax call-in programs across the state, OSCPA members answered.
- CPAs and Cessnas: Roy Mitchell, CPA discusses his professional and personal passions: Roy has spent more than 30 years as a tax professional. He takes great pride in his OSCPA membership as well as his profession. Roy shares what is important to him about his experiences with the Society, accounting awareness among college students, and Ohio's tax code.
- OSCPA membership protects your investment in yourself: you made a huge investment in yourself when you earned your CPA credential. Those three letters carry great distinction with employers and the public when it comes to hiring the best financial advisors in today's tough climate.
- 153 new members and affiliates applied in December and January.
- Accountancy Board of Ohio Disciplinary Actions.
- Dues statements arrive in May: from news and updates on the issues affecting you, to high-quality seminars and conferences, networking events and much more, all the great benefits of membership in The Ohio Society of CPAs are yours to enjoy in the coming year.
- In memoriam.
- Everything you wanted to know about webinars but were afraid to ask.
- Members save time & money with valuable offers: through its robust Affinity Partner Program, OSCPA offers members significant resources and discounts on the programs and services they use in the course of business.
- Scholarship Day showcases students' knowledge of accounting issues.
- www.rollyo.com.
- Change is definitely in our future: throughout the fall election season, we all heard a consistent message: It's time for a change. We're going to see it in spades over the next year or two, both nationally and here in the Buckeye state.
- Connect to your specialty with OSCPA special interest sections: OSCPA members can get help and information on the topics that matter most by joining one of the Society's 16 Special Interest Sections. These virtual, niche communities keep members abreast of important information and give them access to peers in their business sector who can answer questions and provide helpful insights.
- Operation CPA hits close to home for volunteers: as any tax preparer will tell you, every minute between mid-January and April 15 is precious. However, for the fifth year, CPAs across Ohio volunteered their time during tax season to help Ohio's military families through Operation CPA.
- OSCPA special interest sections: customized knowledge you need: the Ohio Society of CPAs represents the diverse interests of its nearly 24,000 members--whether they are in public practice, corporate practice, government or education. The Society's special interest sections provide customized content to this broad and diverse membership.
- Election results in significant changes at all levels of government.
- Governor & budget director outline dire outlook for state's economy.
- J. Matthew Yuskewich, CPA, PFS installed as 2009-2010 chair of OSCPA Executive Board: J. Matthew Yuskewich, CPA, PFS, was installed as the 100th presiding officer of the Executive Board of The Ohio Society of CPAs before 600 members during the Members Summit & Annual Meeting, June 30, in Columbus.
- New affinity partners mean NEW savings for OSCPA members: Ohio Society members can save even more with special offers from four new Affinity Partners.
- Ohio's most influential CPAs: a commitment to the profession, a commitment to excellence.
- Surviving today's economy main topic of 2009 Members Summit.
- Corrections and clarifications.
- Janice Zajac uses her skills to banish financial illiteracy: she has seen both sides of the coin. With experience as a CPA in industry, as well as in a CPA firm, Janice M. Zajac, CPA, MBA, MB is now tackling personal financial planning, with a mission to slay the demon of financial illiteracy. Catalyst spoke with Zajac about her experience as a consultant and advocate on how CPAs can make a difference.
- Ohio CPA/PAC Silent Auction raises money and builds excitement.
- Thank you to the following companies for supporting The Ohio Society of CPAs during 2008-09.
- AICPA's National Literacy Commission.
- Brockman, Coats, Gedelian & Co.
- Deborah Kovachick, CPA.
- Howard, Wershbale & Co.
- Howard, Wershbale & Co.
- Mary Beth Rinehart, CPA and Kelley Auvil of Hall, Kistler & Company LLP are now certified.
- Rea & Associates, Inc.
- Rea & Associates, Inc.
- Rea & Associates, Inc.
- Rea & Associates.
- SS&G Financial Services.
- The Ohio Society of CPAs 2009-2010 conference calendar.
- Capture key insights on issues that matter at the Ohio Accounting Show in Dayton: new location, 60+ sessions.
- Hazelbaker awarded OSCPA's highest honor: 2009 Gold Medal for Meritorious Service to the Accounting Profession.