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> CPA Day 2008—January 22!
Every
year, CPAs gather in Jefferson City
for the annual CPA Day. This is the profession’s most visible
opportunity to provide a collective voice to Missouri’s legislators.
http://www.mocpa.org/Content/GovernmentAdvocacy/
GrassrootsActivitiesEvents/CPADay.aspx
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>
2008 Annual MSCPA Awards
Do you know someone who has made a unique
contribution to the accounting profession? Nominate that person for
the 2008 Annual MSCPA Awards!
Each year, the MSCPA recognizes CPAs who have served their profession
and/or community above and beyond their responsibility. Nominations are
accepted in five categories:
- Outstanding
CPA in Business & Industry
- Outstanding
Educator Award
- Outstanding
CPA in Government
- Innovative
User of Technology
- Public Service
Award
The deadline for nominations is March 14, 2008. For more information, visit http://www.mocpa.org/Content/awards.aspx.
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>
Information Security Management Still Number One Issue
The AICPA
released the results of its 19th annual Top Technology Initiatives
survey last week. Information
security management will be the most important initiative affecting IT
strategy, investment and implementation in business organizations over the
next 12-18 months.
http://www.aicpa.org/download/news/2008/Information_Security_Management.pdf
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> Study
Finds 404 Cost for Smaller Companies
What is the
cost for a smaller public company to comply with Sarbox
404? A report says that for
non-accelerated filers, the total average first-year cost for management
assessment and additional audit fees -- using the latest guidance issued by
the SEC and PCAOB -- is $78,474. That's 14 percent less than the
$91,000 cost the SEC initially predicted. http://accounting.smartpros.com/x60362.xml
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> FASB Proposes
Delay of Interpretation 48 for Nonpublic Enterprises
FASB has issued for
exposure proposed FASB Staff Position (FSP) FIN 48-b, Effective Date of
FASB Interpretation No. 48 for Nonpublic Enterprises. The FSP proposes to
defer the effective date of Interpretation 48 for nonpublic entities to
fiscal years beginning after December 15, 2007. Constituents have until
January 18, 2008, to submit written comments on the proposed FSP.
http://www.fasb.org/news/nr010808.shtml
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> Ethics Risk
Landscape Just as Treacherous as Before Enron
Six years after high-profile corporate scandals rocked American business,
there has been little if any meaningful reduction in the enterprise-wide risk
of unethical behavior at U.S. companies, according to the Ethics Resource
Center's 2007 National Business Ethics Survey.
http://accounting.smartpros.com/x60008.xml
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>
Executives: Baby Boomer Retirements Most Significant Workforce
Trend in Next 10 Years
There are likely to be a number of issues shaping the future of the
workforce, but for today’s companies, one stands out above the rest:
Nearly one out of every two senior executives (47 percent)
surveyed said baby boomer retirements will have the greatest impact on the
workforce over the next decade.
http://www.mocpa.org/Content/files/newsletters/2007/RobertHalf011508.htm
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> Accounting Roundup: Year in
Review, 2007, By Deloitte
As
reported by FEI, check out the Accounting
Roundup Year in Review, by Deloitte & Touche
LLP, which summarizes activities of the FASB, IASB, PCAOB, SEC and more. In 2007, standard setters and
regulators primarily focused on global convergence of accounting standards,
volatility in the credit markets, fair value and eXtensible
Business Reporting Language (XBRL
http://www.financialexecutives.org/eweb/upload/FEI/Accounting%20Roundup%20-%20Year%20in%20Review%20--%202007.pdf
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Sponsored By: Information, Inc.
Information
Inc.'s handcrafted business intelligence services provide up-to-the-minute
information on critical issues. Decision-makers in more than 2,000 major
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tatecpa/contact.html
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CPE 2008
For
CPAs in
Business & Industry
Be on the
lookout in April for the 2008-2009 CPE Catalog!
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Technology Tip of the Week
Provided by the MSCPA Information Technology
Committee
In Excel, Creating A Formula That Will Indicate The
Maximum And Minimum Values
You may wan to create a formula that will indicate the maximum and minimum values
in a list by returning ""Max Value"" or ""Min
Value"" in the cell next to them.
More
To view recently archived issues of “ Technology Tip of the Week,”
go to:
http://www.mocpa.org/techtips.html
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_______________________________
Contact
Us
For comments or questions, contact:
Dawn Martin
- dmartin@mocpa.org
To view online:
http://www.mocpa.org/Content/files/
newsletters/news082807bi.html
For technical assistance, contact:
Christy
Aven
-caven@mocpa.org
To update your e-mail address:
Please include your old e-mail address, new e-mail address and MSCPA member
ID (if known) and send it to member@mocpa.org.
Please note: This newsletter may contain
commercial material.
Missouri
Society of CPAs
540
Maryville Centre Drive, Suite 200
St.
Louis, MO
63141
© 2008
Missouri Society of Certified
Public Accountants - All Rights Reserved
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