The CPA Journal is a nationally recognized publication of the @NYSSCPA. It is edited by CPAs for CPAs. For more than 85 years, The CPA Journal has been earning its reputation as an objective, critical source of information on issues of interest to CPAs.
The Journal provides analysis, perspective, and debate on the issues that affect the CPA profession. Major topics include accounting and auditing, taxation, personal financial planning, finance, technology, and professional ethics. Published by the New York State Society of CPAs, The Journal's active editorial and review process ensures thorough technical quality and material relevant to CPAs in public practice, industry, government and education.
Operating as usual
To celebrate and commemorate the end of chattel slavery in the United States, Juneteenth is now a federal holiday. Learn more about #Juneteenth: Here's What You Should Know About This Important Day https://ecs.page.link/nwa7E
Father's day is this Sunday. Have you got him a gift yet? Buy now through AmazonSmile so he can receive your present on time, and you can give back to your community. Visit https://smile.amazon.com/ch/82-2444864 to generate donations while shopping at no cost to you.
#love #family #fatherhood #fathersday #community
Father's day is this Sunday. Have you got him a gift yet? Buy now through AmazonSmile so he can receive your present on time, and you can give back to your community. Visit https://smile.amazon.com/ch/82-2444864 to generate donations while shopping at no cost to you.
#love #family #fatherhood #fathersday #community
Congratulations to our new Board of Directors:
Rumbi Bwerinofa-Petrozzello, President
Lynne M. Fuentes, President-elect
Thomas S. Pirro, Secretary/Treasurer
Kevin Matz, Vice President
Patricia A. McGrath, Vice President
David G. Young, Vice President
Kimberly G. Johnson, Vice President
Kelly R. Capron, Vice President
Directors-at-Large:
Margaret Chen
William H. Dresnack
Zachary Gordon
Michael R. Koeppel
Shmueli Milecki
Ramona Cedeno
Katelyn N. Kogan
Lisa A. Mrkall, Director as Chapter Representative – Buffalo Chapter
A’Isha Torrence, Director as Chapter Representative – Manhattan/Bronx Chapter
Jennifer Stone, Director as Chapter Representative – Southern Tier Chapter
Ronald F. Ries, Director as Chapter Representative – Westchester Chapter
Craig A. Zellar, Director as Chapter Representative – Syracuse Chapter
https://www.cpapracticeadvisor.com/accounting-audit/news/21225602/new-york-state-cpa-society-elects-20212022-board-of-directors
Congratulations to our new Board of Directors:
Rumbi Bwerinofa-Petrozzello, President
Lynne M. Fuentes, President-elect
Thomas S. Pirro, Secretary/Treasurer
Kevin Matz, Vice President
Patricia A. McGrath, Vice President
David G. Young, Vice President
Kimberly G. Johnson, Vice President
Kelly R. Capron, Vice President
Directors-at-Large:
Margaret Chen
William H. Dresnack
Zachary Gordon
Michael R. Koeppel
Shmueli Milecki
Ramona Cedeno
Katelyn N. Kogan
Lisa A. Mrkall, Director as Chapter Representative – Buffalo Chapter
A’Isha Torrence, Director as Chapter Representative – Manhattan/Bronx Chapter
Jennifer Stone, Director as Chapter Representative – Southern Tier Chapter
Ronald F. Ries, Director as Chapter Representative – Westchester Chapter
Craig A. Zellar, Director as Chapter Representative – Syracuse Chapter
https://www.cpapracticeadvisor.com/accounting-audit/news/21225602/new-york-state-cpa-society-elects-20212022-board-of-directors
Meet Rumbi, the first woman of color serving as President of NYSSCPA! Rumbi Bwerinofa-Petrozzello, CPA,CFF, CFE, Senior Director, Consulting, at Seramount, began her term as president of the New York State Society of CPAs (NYSSCPA) on June 1. Watch this video to hear her message as the 102nd president of the NYSSCPA.
Happy Pride month! Together again! Join us throughout the month as we celebrate LGBTQ+ trailblazers and highlight useful resources in the accounting and finance fields.
Check out these local Pride events in your regions in June:
NYC - https://www.nycpride.org/
Buffalo - https://ecs.page.link/kg2GN
Albany - https://www.518capitalpride.com/
Dutchess County - https://ecs.page.link/buPuH
Westchester - https://ecs.page.link/5Goxd
Long Island - https://prideonthebeach.org/
Happy Pride month! Together again! Join us throughout the month as we celebrate LGBTQ+ trailblazers and highlight useful resources in the accounting and finance fields.
Check out these local Pride events in your regions in June:
NYC - https://www.nycpride.org/
Buffalo - https://ecs.page.link/kg2GN
Albany - https://www.518capitalpride.com/
Dutchess County - https://ecs.page.link/buPuH
Westchester - https://ecs.page.link/5Goxd
Long Island - https://prideonthebeach.org/
Today, we remember and honor those who served and sacrificed. #MemorialDay
Today, we remember and honor those who served and sacrificed. #MemorialDay
May is Jewish American Heritage Month, we pay our tribute to the generations of Jewish Americans who helped form the fabric of American history, culture, and society. Happy #JAHM!
May is Jewish American Heritage Month, we pay our tribute to the generations of Jewish Americans who helped form the fabric of American history, culture, and society. Happy #JAHM!
Join us this #AAPIHeritageMonth, today we learn about the leadership and members of the Chinese American Society of CPAs' perspectives on the profession. How they became CPAs, how the profession is perceived in their communities, as well as the history and mission of the CASCPA. Read the feature article on The CPA Journal: https://ecs.page.link/bURDy
#AAPIHM #stopaapihate
Join us this #AAPIHeritageMonth, today we learn about the leadership and members of the Chinese American Society of CPAs' perspectives on the profession. How they became CPAs, how the profession is perceived in their communities, as well as the history and mission of the CASCPA. Read the feature article on The CPA Journal: https://ecs.page.link/bURDy
#AAPIHM #stopaapihate
How will a permanent remote workforce affect taxes? Read this article from The CPA Journal to learn about Bernadette Semonche Pinamont's perspective on pandemic payroll: https://ecs.page.link/9GBhZ
#payroll #pandemic #WFH #tax
How will a permanent remote workforce affect taxes? Read this article from The CPA Journal to learn about Bernadette Semonche Pinamont's perspective on pandemic payroll: https://ecs.page.link/9GBhZ
#payroll #pandemic #WFH #tax
Join us for NYSSCPA 2021 Annual Business Meeting & Officer Installation on May 19. This free event will be held virtually and for members only. Advance registration required.
RSVP today! https://ecs.page.link/Z8EiE
#NYSSCPA #rsvp #cpas #accounting
Join us for NYSSCPA 2021 Annual Business Meeting & Officer Installation on May 19. This free event will be held virtually and for members only. Advance registration required.
RSVP today! https://ecs.page.link/Z8EiE
#NYSSCPA #rsvp #cpas #accounting
We celebrate #AAPIHeritageMonth in May. We will spotlight the contribution of Asian Americans and Pacific Islanders in the accounting field, highlight our AAPI members' careers and experiences, and celebrate the rich heritage and cultures of AAPI communities.
#stopaapihate #MAY
We celebrate #AAPIHeritageMonth in May. We will spotlight the contribution of Asian Americans and Pacific Islanders in the accounting field, highlight our AAPI members' careers and experiences, and celebrate the rich heritage and cultures of AAPI communities.
#stopaapihate #MAY
On March 31, 60 Congressional Representatives signed on to a letter, requesting IRS Commissioner Rettig extend the federal tax filing deadline for first quarter estimated tax payments to May 17, 2021.
Such a change would streamline tax filings to help ensure tax compliance and ease the burden of millions of small businesses and other taxpayers.
We would like to thank Representatives Claudia Tenney (NY-22), John Katko (NY-24), Carolyn B. Maloney (NY-12), Adriano Espaillat (NY-13), and Tom Suozzi (NY-3) for signing the letter and supporting our members and New York’s small business community, individual taxpayers and the CPA profession.
Read the letter - https://smucker.house.gov/sites/smucker.house.gov/files/IRS Estimated Payments Deadline Letter 3.31.21 117.pdf
On March 31, 60 Congressional Representatives signed on to a letter, requesting IRS Commissioner Rettig extend the federal tax filing deadline for first quarter estimated tax payments to May 17, 2021.
Such a change would streamline tax filings to help ensure tax compliance and ease the burden of millions of small businesses and other taxpayers.
We would like to thank Representatives Claudia Tenney (NY-22), John Katko (NY-24), Carolyn B. Maloney (NY-12), Adriano Espaillat (NY-13), and Tom Suozzi (NY-3) for signing the letter and supporting our members and New York’s small business community, individual taxpayers and the CPA profession.
Read the letter - https://smucker.house.gov/sites/smucker.house.gov/files/IRS Estimated Payments Deadline Letter 3.31.21 117.pdf
The February/March issue of The Trusted Professional is here! It's an exciting new digital version that you can take with you wherever you go. Just follow the icons in the issue to navigate.
Check it out today! https://ecs.page.link/n6qW8
The February/March issue of The Trusted Professional is here! It's an exciting new digital version that you can take with you wherever you go. Just follow the icons in the issue to navigate.
Check it out today! https://ecs.page.link/n6qW8
NYSSCPA Exec Director and CEO, Joanne S. Barry, writes a letter to Governor Cuomo pushing for New York State tax deadlines to fall in line with any federal extensions. Read it here https://ecs.page.link/F1Xt2.
NYSSCPA Exec Director and CEO, Joanne S. Barry, writes a letter to Governor Cuomo pushing for New York State tax deadlines to fall in line with any federal extensions. Read it here https://ecs.page.link/F1Xt2.
In 2020, a sample of NYSSCPA members participated in a survey focusing on the impact of COVID-19 on their practices and The CPA Journal reported on the results. See what your peers had to say https://ecs.page.link/9QZoS.
In 2020, a sample of NYSSCPA members participated in a survey focusing on the impact of COVID-19 on their practices and The CPA Journal reported on the results. See what your peers had to say https://ecs.page.link/9QZoS.
Today we celebrate our amazing female members, staff and women of our communities. The Society appreciates all you do today and every day. #WomensDay #IWD2021
Today we celebrate our amazing female members, staff and women of our communities. The Society appreciates all you do today and every day. #WomensDay #IWD2021
A comparison of then and now.
Long-time readers may be aware that the Tech Talk column began as an occasional feature called Website of the Month in 2001. My involvement officially
"As internal audit functions adapt, evolve, and transform to meet emerging risks and challenges their organizations face, financial professionals need to consider what the organizational structure of a successful next-generation internal audit organization looks like."
As internal audit functions adapt, evolve, and transform to meet emerging risks and challenges their organizations face, financial professionals need to
Timeline Photos
Initial unemployment claims, 4-week moving average and more!
ISM Manufacturing Index After a strong rebound in the second quarter, the momentum in the industrial sector is showing signs of slowing. While still in
All CPAs should be aware of the current environmental factors facing U.S. higher education.
In Brief The accounting academic and practitioner communities are closely intertwined, making the developments in one discipline of paramount importance
A look back from outgoing FASB Chairman Russell G. Golden
In Brief For the last seven years, Russell G. Golden has served as FASB's chairman. During this time, and for the nine years previously, he has seen the
An analysis of regulatory guidance and financial relief for the COVID-19 pandemic.
In Brief The worldwide COVID-19 pandemic has affected businesses of every size in every country, and the United States has been hit particularly hard.
A look back by Edward Mendlowitz, CPA/PFS, ABV.
It was 90 years ago that my father started his first job in public accounting. When he died in 1976, I took over his practice. That is a 90-year
"The SEC should study the issue to determine how to implement a similar split in the United States. Nothing short of this remedy is sufficient to protect the public interest."
In Brief Performing certain nonaudit services for audit clients can impair independence. Misrepresenting nonaudit services as immaterial and
A lot has changed over the decades, but thanks to the continuing support of the NYSSCPA membership and outstanding contributions of generations of professional and academic authors, the Journal has kept up with the times.
To The CPA Journal: Congratulations on your 90 years of service to the public and profession. You are even more vital and relevant today than you were 90
Jennifer Burns named Chief Auditor and more!
FASB News Private Company Council Sets Town Halls The Private Company Council (PCC), the body that advises the FASB on private company accounting matters,
Generation Z is beginning to enter the workforce, bringing with it a demographic shift that will affect every facet of American society, including the accounting profession.
In Brief Generation Z is beginning to enter the workforce, bringing with it a demographic shift that will affect every facet of American society,
Biden Makes $1.9 Trillion Opening Bid for Pandemic Rescue Plan
https://bit.ly/38K9GcD
A historical perspective.
In Brief Just as the business world has changed in the past 90 years, so has the world of not-for-profit (NFP) organizations. NFPs have grown in size and
The evolution of the auditor’s role and the ‘fraud expectation gap’
Newly minted CPAs typically have limited hands-on auditing experience. They almost always have no training in specialty areas, such as forensics. A term
NYSSCPA CEO and Executive Director Joanne Barry looks back on the 90th anniversary of The CPA Journal.
I write to you on the most auspicious occasion of The CPA Journal's 90th anniversary. For close to a century now, it has served as a valuable resource to
The best of 2020: look back at the 90th anniversary of The CPA Journal with longtime author and Editorial Board Member Sid Kess.
Editor's Note: As we celebrate our 90th year of publication, longtime author and Editorial Board Member Sid Kess brings a rare perspective of The CPA
As 2020 comes to a close, learn more about year-end charitable giving amid the COVID-19 pandemic.
The COVID-19 pandemic has raised many questions about charitable giving and on the timing of required filings for many exempt organizations. Many of those
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New CPAs, it’s a tough market out there. But help is on the way. Get the career resources and strategies you need on May 3. Hurry, early bird pricing ends tonight at 11:59 PM! Details at nysscpa.org/nextgen19
Check out @thecpajournal 's latest interview with Tony Menendez and Steven Mintz on the huge debate over #ethics of the #CPA Profession.
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