PCPS update.

• Position: Private Companies Practice Section

PCPS Update--Critical Information for CPA Firms PCPS is here to help you succeed. How? We look at resources and regulations and consider how they will affect our members--CPA firms. We bring you up-to-date tools and information that shape your practice today and will impact your business in the future.

What can you do now to get ahead of the game? Here are the best resources, sites, information, and events available for CPA firms today. Take advantage of them. Tell us what you need. We're here to help.

"My CPA Says Extend!"

To save you time and energy during this busy season, PCPS developed an indispensable brochure entitled "My CPA Says Extend." Clients with complicated or incomplete data sometimes think that extensions will cause trouble or lead to an audit. This PCPS brochure explains the extension process and answers common questions in an easy to read, understandable format.

You can download a copy at www.pcps.org by clicking on "Member Resources." Printed copies are also available for purchase at www.cpa2biz.com. PCPS member firms can purchase a package of 50 brochures at the PCPS discounted price of $10.50 per package, product code no. 017244). Be sure to enter the PCPS code when ordering, and then update the cart to ensure that you receive your discount! This code can be found in the e-mail sent to PCPS members in December or at www.pcps.org.

360 Degrees of Financial Literacy

The AICPA has launched 360 Degrees of Financial Literacy, a volunteer database for CPAs interested in improving America's financial knowledge. It allows all CPAs to join the effort to educate Americans of all ages on financial topics that apply to their life stage and needs. The program also provides an excellent opportunity for firms to elevate their firm brand in their locale and position themselves as financial experts. The AICPA program is a turnkey program that would cost firms thousands of dollars apiece if done on their own.

You can register at http://volunteers.aicpa.org/financialliteracy by completing a brief application process. CPAs who sign on will be kept updated about the profession's Financial Literacy efforts at the national and state levels. Volunteers are also provided with resources to support their outreach, including a general financial literacy speech and a PowerPoint presentation.

Candidates will be contacted when opportunities become available that match their geographic location, experience, and areas of interest. State CPA societies...