Future promise builds on past success.

• Position: PCPS Update

Some of the high points of Practitioners Symposium included afternoon luncheon speeches given by PCPS Chair Bill Balhoff, MAP Chair Neal Harte, and TIC Chair Candy Wright. Bill looked back to celebrate some of the most significant PCPS milestones over the last 25 years, such as our instrumental role in establishing peer review. Bill then looked forward to give insight into some exciting new initiatives PCPS will be rolling out soon. They include:

* Seizing a new opportunity to meet member needs, PCPS plans to launch an authoritative practice management survey to help members benchmark their firms against others.

* The "National Office" concept continues to take solid shape. This is a plan to position PCPS as a one-stop shop for technical guidance and advice, as well as a proactive source for help with understanding and implementing accounting and auditing standards. In short, PCPS will be the place where even the smallest firms can turn to get many of the same types of services the large firms get from their national offices.

* There will be more local and regional firms than...