The following article was authored by Vince J. Love Concerning changes in the strict compliance with the Code of Professional Conduct in the Profession over the years. Published in the February 2019 issue of the CPA Journal. The Way We Were By Vincent J. Love The Lawyer’s duty is first of all to his client, and that duty frequently compels him to avail himself of technicalities and other means of enabling that client to evade the Law and its penalties; but the Public Accountant has only one duty to his client and the Public, and that is to disclose to him or for him ‘the truth, the whole truth, and nothing…

By Michael Cohn Published December 06 2018, 2:59pm EST Panelists at a discussion hosted by the Accountants Club of America on Thursday in New York see social media, texting and cybersecurity among the major trends for the coming year. Edward Mendlowitz, a partner at WithumSmith+Brown had a collection of his weekly Accounting Today columns, “Call Me Before You Do Anything: The Art of Accounting,” published by CPA Trendlines this year. He discussed how more accountants are using social media to get new clients. “When I started out, I thought the way to build business was you had to go to networking breakfasts, lunches and dinners,” he said. “I had a Partners…

By Edward Mendlowitz Published December 10 2018, 2:23pm EST Last Thursday, I was on an authors panel hosted by the Accountants Club of America. Along with me was Becky Livingston, author of The Accountant’s Social Media Handbook, and Hitendra Patil, author of Accountaneur: The Entrepreneurial Accountant. The moderator was Accounting Today editor Michael Cohn, who wrote a pretty complete article later that day. An accompanying photo of me taking notes caught my eye and I want to comment on that here. Rick Telberg of CPA Trendlines suggested Becky and Hitendra for the panel. While I’ve spoken extensively with Hitendra on the phone, we had never met, and I never spoke to or met Becky beforehand….

By Danielle Lee Published October 25 2018, 4:40pm EDT The greater demand on corporations as they grow in size and influence, along with consumer and investor expectations, are creating the ideal environment for CPAs to serve as the business world’s conscience, said Jan Herringer, president of the New York State Society of CPAs. Speaking at a meeting of the Accountants Club of America Thursday at the Princeton Club in New York City Herringer, who also serves as a partner at BDO USA, argued that while the role of morality guide for accountants “might seem dubious at first, when you think about it, it was what the profession was built on ……

By Daniel Hood Published August 31 2018, 10:26am EDT Amid all the worries about staffing shortages and succession issues; amid the din of doomsayers prophesying disintermediation by blockchain, artificial intelligence or worse; amid the clamor of ever-more demanding staff and clients; amid the tightening competition from within the profession and without; amid the endless pressure to keep up with changes that keep coming faster and faster and never seem to let up — in the midst of all that, it’s good, from time to time, to reflect on all that’s going well for the profession. Since we here at Accounting Today do our share of sharing the scary news, it’s only appropriate…

Some CPAs are fighting with their trade group about who gets to value complex assets for companies Some CPAs are objecting fiercely to a proposal by their main trade group to allow people from outside their ranks to be credentialed to help companies value complex assets. PHOTO: ISTOCK By Michael Rapoport Updated Aug. 20, 2018 5:17 p.m. ET Some CPAs are up in arms about a move by their industry’s main trade group to allow people from outside their ranks to be credentialed to help companies value complex assets. Caught in the crossfire: companies that more than ever need specialists to help assess hard-to-value assets, like brand names and customer relationships. The demand…