Art of Accounting: Authors Panel | Accounting Today

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 […]

Should CPAs Be The Conscience Of The Economy? | Accounting Today

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 […]

ACA Members – The Top 100 Most Influential People in Accounting | Accounting Today

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 […]

It bears repeating: Now is a great time to be an accountant | Accounting Today

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 […]

CPAs Fight to Protect Part of Their Turf | Wall Street Journal

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. […]

MPs Grapple With Changing Firms and Technology – ACA July 19, 2018 Event | Accounting Today

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 […]

NYSSCPA Elects BDO’s Jan Herringer as President | Accounting Today

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 […]

Art of Accounting: Tooting your horn | Accounting Today, Edward Mendlowitz

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 […]

The Right Trust Can Yield Tax Advantages For Wealthy Clients

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 […]

Art of Accounting: ‘What’s a CD?’

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 […]