February 5, 2008

> New MSCPA Blog!

The Missouri Society of CPAs is happy to introduce our very first blog!

A blog (short for weblog) is an online journal that is frequently updated and intended for general public consumption. Blogs are defined by their format: a series of entries posted to a single page in reverse-chronological order. Blogs generally represent the personality of the author or reflect the purpose of the website that hosts the blog.

As you know, blogs have become a hugely popular and successful means of communicating among professions and groups. The society fully anticipates that as participation grows on our blog, it will splinter off into a number of blogs that will be specific to disciplines within the profession or facets of our society.

Bookmark it, subscribe to it, and let MSCPA know what you think!

http://mocpa.blogspot.com/

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> Want to be a Champion? Join the Financial Literacy League!

Step up to the plate and help promote financial literacy with the MSCPA Financial Literacy League! This initiative provides an opportunity for CPAs to share the financial literacy message with their organization or community group. Hitting a homerun is easy, using the Powerpoint presentations, speaking points, handouts and other resources that MSCPA has compiled for you. Sign up today!

http://www.mocpa.org/Content/22592.aspx

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> LEAP Contributor Campaign
With the number of Baby Boomers nearing retirement, a disproportionate number of new CPAs is needed in the coming years to sustain the CPA profession. Now more than ever, the LEAP Scholarship Program is needed to help young people understand the rewards of working in this great profession. One hundred percent of money donated goes directly toward scholarships. You can contribute quickly and easily online with a credit card by visiting http://www.mocpa.org/leap/leap1.html.

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> Small Firm Practitioners – Sign Up Now!

Come see why so many small firm practitioners keep coming back to the MSCPA Small Firm Networking Roundtables! Meet other practitioners from across the state and expand your knowledge network while discussing the issues that matter to you most.

Date: Wednesday, May 7, 2008

Location: Marriott Country Club Plaza in Kansas City, MO

Time: 8:30 a.m. to 1:30 p.m.

Cost: $75 (breakfast and lunch included)

CPE: 3 hours

Sign up today to join this very energetic group and to take away best practices you can immediately apply to your business! http://www.mocpa.org/Content/21056.aspx
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> IRS Warns of New E-Mail and Telephone Scams Using the IRS Name; Advance Payment Scams Starting
The IRS warns taxpayers to beware of several current e-mail and telephone scams that use the IRS name as a lure. The IRS expects such scams to continue through the end of tax return filing season and beyond.
http://www.irs.gov/newsroom/article/0,,id=178061,00.html

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> IRS Postpones Pension-Funding Rule Date
WebCPA reports that the Treasury Department and the IRS have issued guidance on new pension-funding rules included in the Pension Protection Act of 2006.
http://www.webcpa.com/article.cfm?articleid=26680

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> PCAOB Adopts New Auditing Standard No. 6: Evaluating Consistency of Financial Statements

The PCAOB voted to adopt Auditing Standard No. 6, Evaluating Consistency of Financial Statements, and an accompanying set of amendments to the Board's interim auditing standards.

http://www.pcaobus.org/News_and_Events/News/2008/01-29.aspx

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> SEC Begins Small Business Costs and Benefits Study of Sarbanes-Oxley Act Section 404
The SEC announced that its professional staff has commenced a cost-benefit study of an upcoming auditor attestation requirement for smaller companies under Section 404(b) of the Sarbanes-Oxley Act of 2002.
http://www.sec.gov/news/press/2008/2008-8.htm

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CPE 2008

For CPAs in
Public Practice

Be on the lookout in April for the 2008-2009 CPE Catalog!

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Mark Your Calendars!

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Technology Tip of the Week

Provided by the MSCPA Information Technology Committee

In Excel, Selecting the Current Region/List
The Current Region/List is a range of cells containing data bounded by blank rows and columns.To select the Current Region/List…Learn more at the link below.
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Missouri Society of CPAs

540 Maryville Centre Drive, Suite 200

St. Louis, MO 63141