June 10, 2008

> Looking For A New Job?

Right now, there are 18 job opportunities for CPAs listed on the MSCPA Career Center!

http://careers.mocpa.org/
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> Register Now for 2008 Industry Networking Roundtables!

Join us for the 2008 MSCPA Industry Networking Roundtables! Take advantage of this opportunity to meet other CPAs in the industry sector, exchange ideas, and discuss the issues that are important to you.

All roundtables meet 8:30am-11:00am and offer 3 hours of CPE credit for just $50.

o Tuesday, June 24, 2008 in Cape Girardeau, MO

o Thursday, June 26, 2008 in Jefferson City, MO

o Tuesday, July 22, 2008 in St. Joseph, MO

o Thursday, July 24, 2008 in St. Louis, MO

o Wednesday, August 20, 2008 in Kansas City, MO

o Tuesday, September 23, 2008 in Springfield, MO

Special deal: Register for more than one roundtable and pay just $45 per session! For more information, please call Holly Moriarity at 800.264.7966. http://www.mocpa.org/content/22188.aspx

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> Nominate a Deserving Woman-to-Watch!

Do you know someone who has made significant contributions to the accounting profession? Do you work with an emerging leader who demonstrates outstanding leadership capabilities? Nominate her for the 2008 CPA Women-to-Watch Awards!

The MSCPA, in partnership with the AICPA and Robert Half International, will present these prestigious awards during the August 25 Women’s Retreat in St. Louis, where winners will participate in a panel discussion on strategies for achieving success in the accounting profession.

http://www.mocpa.org/Content/22552.aspx

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> LAST CHANCE! Free Interactive Infocast!

Gain a greater understanding of today’s business issues, as well as the ability to implement real-time solutions, by participating in a FREE industry-focused infocast! This web-based event uses case examples to illustrate and solve business challenges. “Maximizing Intellectual Capital” (June 19 from 11:00am -12:15pm) enables you to identify and strategically manage intellectual capital assets. Register today!

http://www.mocpa.org/Content/22550.aspx
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> FASB Issues Exposure Draft on Accounting for Hedging Activities

FASB today an exposure draft of a proposed Statement of Financial Accounting Standards, Accounting for Hedging Activities—an amendment of FASB Statement No. 133.

http://www.fasb.org/news/nr060608.shtml

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> Guidance on Monitoring Internal Control Systems

Based on COSO's Internal Control - Integrated Framework, this guidance is designed to help organizations monitor the quality of their internal control systems. Please review the information at the COSO website and submit your comments on or before August 15.

http://www.coso.org/guidance.htm

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> New Survey Suggests Majority of CFOs Will Maintain Current Staff Levels

Executives interviewed recently for the Robert Half International Financial Hiring Index said that, for the most part, staff levels in their accounting and finance departments will remain unchanged in the third quarter.

http://www.mocpa.org/Content/files/newsletters/2008/accountemps061008.htm

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> Analysts Now Turn First to the CFO, Not CEO

CFO Magazine reports that the CFO — no longer the CEO — is king when it comes to dealing with buy-side analysts, Greenwich Associates concludes in this year's U.S. Corporate Investor Relations Study.

http://www.cfo.com/article.cfm/11525169/c_11521976?f=home_todayinfinance&x=1

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> Internal Auditors Say They Need to Improve Data Security

Internal auditors need to improve their knowledge of data security, according to a survey by Protiviti Inc. that asked 516 internal audit professionals to self-assess their skills and competencies.

http://accounting.smartpros.com/x62007.xml

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http://www.mocpa.org/Content/22550.aspx _____________________________________________________________________ > FASB Issues Exposure Draft on Accounting for Hedging Activities

Sponsored By: Information, Inc.

http://www.mocpa.org/Content/22550.aspx
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> FASB Issues Exposure Draft on Accounting for Hedging Activities