November 6, 2007

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>  LAST CHANCE to Register for the Next Small Firm
Networking Roundtable!

Join us at the next MSCPA Small Firm Networking Roundtable THIS FRIDAY in Springfield, MO, and earn CPE credit while discussing the issues that matter to you most!  Past discussion topics include staffing, collaboration among firms, technology, and work-life balance.

 

REGISTER TODAY for the upcoming roundtables:

 

Friday, November 9, 2007 in Springfield, MO

Friday, January 11, 2008 in St. Louis, MO

Wednesday, May 7, 2008 in Kansas City, MO

 

SPECIAL DEAL! Register for all three roundtables for only $200!  Questions?  Call Holly Moriarity at 800.264.7966!


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>  EFFECTIVE IN LESS THAN TWO MONTHS!
Beginning In 2008, All CPA Firms Who Provide Attest Services
Must Be Enrolled In Peer Review

Are you aware that Missouri Accountancy Law requires that firms
that provide attest, review, or compilation services must be
enrolled in an approved peer review program

 

While the requirement has been in effect for those providing three or
more attest services since 2004, the law will soon require any firm that provides even one of these services to be enrolled in an approved
practice-monitoring or peer review program to ensure firm licensure. 
The law specifically states that within 90 days after entering into an engagement, a firm must enroll in the program.

 

To view the specific language related to peer review in the Missouri Accountancy Act, go to:  http://www.sos.mo.gov/adrules/csr/current/20csr/20c2010-5.pdf

 

For more information about Missouri’s peer review program, go to:  http://www.mocpa.org/Content/22292.aspx

 

To enroll your firm, please complete the enrollment form:  http://www.mocpa.org/content/files/documents/07enrollment.doc


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> 
MSCPA Legislative and Keyperson Forum

Join your fellow CPAs at the MSCPA Legislative and Keyperson
Forum on
Thursday, December 6, 2007 from 9:00a.m. - 2:00p.m.
at the Capitol Plaza Hotel in Jefferson City, sponsored by the Missouri

Society of CPAs' Legislation and Governmental Advocacy committee.

 

This complimentary forum includes insight to the coming legislative
session, an update on legislative and professional issues, and a review
of the important role of MSCPA members acting as keypersons.

 

BONUS!  Fulfill your two hour ethics requirement by attending
this session! 
(Please note: $65 if attending ethics session only!)

 

Agenda:

 http://www.mocpa.org/content/files/pdfs/2007%20Forum%20Flyer.pdf

To register:
 http://www.mocpa.org/Content/22580.aspx


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>  NEW Online Forum for CPAs in Public Practice!

The MSCPA is proud to announce the launch of a new message board
for CPAs in public practice!  This online forum provides an opportunity
for members to ask questions, glean insight and share best practices

across firms.

 

Discuss the issues that impact your work, such as:

  • Recruiting and retaining quality staff members
  • Finding a satisfying work-life balance
  • Bridging the generation gap in your firm

 

To explore the MSCPA message boards, click here. Log in using
your last name as your username and member number as your
password.  Then click on the Public Practice Forum.
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> 
U.S. House Panel Passes AMT Fix

As reported by WebCPA, the House Ways and Means Committee has

passed a bill by a margin of 22 to 13 that would keep the Alternative

Minimum Tax from spreading to more than 23 million families, which
the full House is expected to debate this week.

http://www.webcpa.com/article.cfm?articleid=25845


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>  Staffing Needs Dominate 2007 AICPA Top Map Issues Survey

Finding qualified staff at all levels is the most critical concern for the

majority of firms with multiple professionals within the United States, underscoring the staffing crisis facing the accounting profession,
according to the 2007 American Institute of Certified Public
Accountants (AICPA) Private Company Practice Section’s
(PCPS) Top Management of an Accounting Practice (MAP)
Issues Survey
Download PDF

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>  New Missouri Market Tax Credit Applications Now Available
On-Line
Missouri Department of Economic Development director Greg Steinhoff announced last week that applications for the state’s New Market Tax
credit are available at www.MissouriDevelopment.org.

http://www.ded.mo.gov/cgi-bin/dispress.pl?txtpressid=1975

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>  PCAOB Releases Report on Issues Identified in Inspections
Of US Firms that Audited 100 or Fewer Public Companies

The PCAOB released a report on issues identified in the 2004 through
2006 inspections of US firms that audited 100 or fewer public companies. This is a general report issued under the Board's Rule 4010 and does
not identify any firm or firms.

http://www.pcaobus.org/News_and_Events/News/2007/10-22.aspx

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>  Financial Advisors Want More Charitable Giving Information

While nearly eight out of 10 financial advisors are talking with their
clients about charitable giving, they are challenged to provide the level
of assistance and expertise on this subject that clients desire and are coming to expect, according to new research.

http://accounting.smartpros.com/x59657.xml

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>  Annual Report Finds Salaries Rise as Competition for Skilled Professionals Persists

Starting salaries for accounting and finance professionals are expected
to increase an average of 4.3 percent in the coming year, according to
the just-released 2008 Salary Guide from Robert Half International. 
Public accountants, financial analysts and internal auditors are
projected to see the largest gains.

http://www.roberthalffinance.com.

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 corporations, associations and government agencies worldwide have relied on our comprehensive news services for the past 22 years. To learn how our timely, targeted, custom services can help you compete in the 21st century, go to: http://www.infoinc.com/s tatecpa/contact.html

Technology & Productivity Weekly is a membership benefit and is
intended for your personal use only.

This Week's Headlines

Are IT Silos Damaging Your Productivity? Top Data Tips
Storage That Grows With You
SEC's Requiring XBRL to Help All Investors Learn Firms' ABCs
Access Your Windows PC Remotely--For Free
Moving Bytes
Anytime Access
CPA Releases Add-Ins for Microsoft Word
Buying Wireless Equipment
VoIP Demands Network Upgrades, Bandwidth
Big, Unified Communications for Small Companies
E-Mail Accountability
Slicing and Dicing Data

 

 


CPE 2007

For CPAs in
Public Practice

All courses are 8 CPE hours unless otherwise noted.

 

Seminars:

 

Religious and Other Faith-Based Nonprofits -- Tax, Accounting
and Management

December 10, 2007—St. Louis

 

Accounting & Auditing Update

December 11, 2007—St. Louis

4 CPE Credits

 

Controller's Update: Latest Trends

for Today's Financial Manager

December 11, 2007—St. Louis

4 CPE Credits

 

AICPA's Individual Tax Review
& Update: Real Applications!

December 11, 2007—St. Louis

4 CPE Credits

 

Analytical Procedures: Practical Guidance for Small Business Engagements

December 11, 2007—St. Louis

4 CPE Credits

 

Real World Business Ethics for
CPAs in Accounting & Auditing:
How Will You React?

December 11, 2007—St. Louis

4 CPE Credits

 

Managing Outsourcing Activities:
Is It for You?

December 11, 2007—St. Louis

4 CPE Credits

 

Effective Strategies in Dealing
with the IRS
December 11, 2007—St. Louis

4 CPE Credits

 

Compilation, Review & Accounting Service Update

December 11, 2007—St. Louis

4 CPE Credits

 

Advanced Cases in Compilation, Review & Accounting Services

December 12, 2007—St. Louis

4 CPE Credits

 

Financial Management: Tools & Techniques to Enhance Profitability

December 12, 2007—St. Louis

4 CPE Credits

 

AICPA's Corporate Tax Review & Update: Real World Applications

December 12, 2007—St. Louis

4 CPA Credits

 

Annual Update for State & Local Governments & Not-for-Profits

December 12, 2007—St. Louis

4 CPE Credits

 

Forensic Accounting: Uncovering Schemes & Scams

December 12, 2007—St. Louis

4 CPE Credits

 

Ready-Aim-Fire: Role of Financial Professional in a Competitive Environment

December 12, 2007—St. Louis

4 CPE Credits

 

Innovative Tax Tips for Small Businesses

December 12, 2007—St. Louis

4 CPE Credits

 

So That's How They Do It!
Common Frauds Found in

Government & Not-for-Profits

December 12, 2007—St. Louis

4 CPE Credits

 

Trends in Corporate Financial

Planning -- Beyond Traditional Budgeting

December 12, 2007—Kansas City

 

Current Ethical Issues for CPAs
(3-5 p.m.)

December 13, 2007—Springfield

2 CPE Credits

 

Nonprofit Auditing and Accounting Update

December 14, 2007—Springfield

 

Sharp-Witted Studies on Single
 Audit & Yellow Book Dilemmas

December 13, 2007—St. Louis

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LAST CHANCE CLASSES!
This is your last chance to attend these innovative courses

Fraud & Embezzlement: Don't Be a Victim!
November 12, 2007—Kansas City

 

General Ethics Review (3-5 p.m.)

November 12, 2007—Springfield

November 15, 2007—Columbia

2 CPE Credits

 

Advanced Financial

Planning Update

November 13, 2007—Kansas City

 

Advanced Form 1041 Practice Workshop
November 13, 2007—St. Louis

 

Small Business Retirement
Plan Review: New Roth 401(k)s, Keoghs, Traditional 401(k)s, IRAs,SEPs, & SIMPLEs

November 14, 2007—St. Louis

 

Analytical Procedures for Small Business Engagements

November 15, 2007—Kansas City

 

Audit Workpapers, Forms & Checklists: Avoid the Documentation Trap

November 15, 2007—St. Louis

 

Current Ethical Issues for CPAs (8:30-10:30 a.m.)

November 16, 2007—St. Louis

2 CPE Credits

 

MSCPA Fall Tax Institute

November 20, 2007—St. Louis

16 CPE Credits

 

Don’t Miss Out!


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Technology Tip of the Week

Provided by the MSCPA Information Technology Committee

Use Excel's Formatting Tools To Attractively Arrange Charts On A Sheet

If you are going to publish your Excel worksheet or include it in a presentation, you can't leave it up to the chart wizard to size and position your embedded charts. The chart wizard will position charts wherever it can, sizing each one differently.

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/2007/news091807.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

 

© 2007  Missouri Society of Certified Public Accountants - All Rights Reserved