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 […]
Joanne Barry Executive director and CEO, NYSSCPA As head of one of the largest and most influential state societies, Barry is a major voice for strong professional education, vigilance in maintaining accounting’s integrity in its public service role, and more inclusion for women and minorities. Career Highlights: Executive director and CEO, New York State Society […]
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 […]
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. […]
By Michael Cohn Published July 19 2018, 4:46pm EDT A group of managing partners of three New York-area accounting firms discussed the challenges they are facing and some of the new trends during a meeting Thursday of the Accountants Club of America. One of the trends is artificial intelligence. “As a small firm, we’re just starting […]
The New York State Society of CPAs has elected Jan Herringer, a partner at BDO USA LLP, as president, effective June 1. Herringer has been a member of the NYSSCPA since 2005. One of her goals as president will be diversity and inclusion within the profession, expanding the work of the NYSSCPA Diversity and Inclusion […]
By – Edward Mendlowitz Published – June 18 2018, 3:34 pm EDT One thing I am good at is leveraging something I did. Leverage in this case means benefiting additionally from what you’ve done. There are also many ways to use leverage. Here are some things I’ve done. • If I have completed a particularly complicated […]
APRIL 30, 2018 • JEFF STIMPSON High-net-worth clients with estates worth more than $11.18 million per taxpayer must still pay estate taxes under reform. Such clients looking to pass on wealth may now want to look at non-grantor trusts, potentially more attractive due to the Tax Cuts and Jobs Act. In a non-grantor arrangement, the trust owns […]
Early on in my career I met with a widow to review her finances and plan her cash flow after her husband’s death. One of her two daughters was also at every meeting. I knew the husband very well, but had never met his wife or children, and was aware of her being very risk […]
Tax season ended April 17th and hopefully you took of April 18, so you’ll be ready to start the rest of the year. How will you manage this? Read more…
Accountants Club of America, Inc.