October 7, 2008

Newsletter Archives

Unsubscribe

MSCPA Home

> Senior Auditor… Team Leader, International Tax Reporting… Vice President Of Finance/CFO… The above are just three of 19 jobs listed on the MSCPA Career Center! http://careers.mocpa.org/search/results/ ________________________________________________________________ > NEW Practice Management Resources! The Missouri Society of CPAs has teamed up with the AICPA Private Companies Practice Section (PCPS) to bring more practice management resources to Missouri firms.  Utilize these valuable tools, including MAP survey results, succession planning tips, and human capital action plans, in your firm’s operations! http://www.mocpa.org/Content/22677.aspx ________________________________________________________________ > Tax Provisions Bail Out "Rescue" Measure The Emergency Economic Stabilization Act of 2008, a "financial rescue" measure originally focused only on stabilizing financial institutions by removing "toxic" debt from their portfolios, finally passed both houses of Congress and was signed by the President when some 290 changes to the tax code, appealing to a wide range of individuals and businesses, were added to its provisions, according to CCH. http://accounting.smartpros.com/x63442.xml ________________________________________________________________ > Fair Value Staff Position Released FASB issues proposed FASB Staff Position No. 157-d, Determining the Fair Value of a Financial Asset in a Market That Is Not Active. http://www.fasb.org/fasb_staff_positions/prop_fsp_fas157-d.pdf ________________________________________________________________ > 2009 Promises To Be An Interesting Year For Tax Planners No matter who the next president is, there will be major changes in the federal income tax rules. Faced with the expiration of the Bush tax cuts in 2010, it is widely expected that the new president and the U.S. Congress will make tax policy a priority for next year. http://www.accountingweb.com/cgi-bin/item.cgi?id=106122&d=883&h=884&f=882&dateformat=%o%20%B%20%Y ________________________________________________________________ > Top 100 Firms See Double-Digit Growth, CCH Says CCH's Public Accounting Report (PAR) has released results of its annual Top 100 Firms survey of highest revenue accounting firms, showing that the majority on the 2008 list are realizing double-digit revenue growth rates. http://accounting.smartpros.com/x63343.xml ________________________________________________________________ > Revenue Grows at CPA Firms, But Slowdown Is Expected Fees and partner income grew at CPA firms last year, but the declining economy is likely to take a toll this year, according to a new survey. The annual Rosenberg MAP Survey, compiled by consultancy Rosenberg Associates, found that firms with annual net fees of over $2 million experienced 10.8 percent growth in those fees last year, but that was down slightly from 11.4 percent growth in 2006. Average income per partner at these firms was $369,000, up from $350,000 in 2006. http://www.webcpa.com/article.cfm?articleid=29410 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 Good Virtualization Requires Good Virtualization Management Simple Services Let You Keep Web Passwords Safe You've Got Mail, Again: Tips for E-mail Overload How to Build a Killer Small Business Web Site HP Targets SMBs With Infrastructure in a Box Simpler, but More Specialized Case Study: Solid Backup Plans Can Avert a Disaster Running in AIR: 10 Great Office Apps You Can Grab Right Now

CPE 2008 For CPAs in Public Practice Conferences: Personal Financial Planning Conference October 16, 2008—Kansas City Not-for-Profit Conference November 6, 2008—St. Louis Sales & Use Tax Conference November 17, 2008—St. Louis December 15, 2008—Kansas City Accounting & Auditing Conference November 18, 2008—St. Louis Visit the MSCPA Conferences Main Page! Last Chance! 2007 Revised Yellow Book: Government Auditing Standards September 22, 2008—St. Louis November 13, 2008—Kansas City 2007 Revised Yellow Book: Government Auditing Standards November 13, 2008—Kansas City Solving Complex Single Audit Issues for Government and Nonprofit Organizations September 23, 2008—St. Louis Top 50 Bloopers and Blunders and How to Fix Them: Estate Planning and Administration October 1, 2008—Columbia Fiduciary Income Tax Returns - Form 1041 Workshop October 2, 2008—Springfield Complete Trust Workshop! October 2, 2008—Kansas City Small Business Retirement Plan Review: New Roth 401(k)s, Keoghs, Traditional 401(k)s, IRAs, SEPs, and SIMPLEs October 3, 2008—Springfield December 11, 2008—St. Louis Seminars: Search all MSCPA courses here! Advanced Tax Issues for Federal Payroll Taxes, Benefits and Form 1099s October 27, 2008—St. Louis October 28, 2008—Kansas City Cash and Tax Basis Financial Statements - Preparation and Reporting October 27, 2008—Kansas City LLC and Partnership Taxation: Beyond the Basics October 28, 2008—St. Louis AICPA's Guide to Reporting and Disclosure Problems for Small Businesses October 28, 2008—Cape Girardeau Buying and Selling Businesses: The CPA's Role October 29, 2008—St. Louis Financial Statement Analysis: Basis for Management Advice October 29, 2008—Kansas City AICPA's Annual Update for Controllers October 30, 2008—Kansas City AICPA's Tax Update for Financial Executives October 30, 2008—St. Louis October 31, 2008—Kansas City ________________________________ Technology Tip of the Week Provided by the MSCPA Information Technology Committee In Excel, Finding Wayward Links Many people are faced with the task of updating workbooks inherited from other people in their offices. In fact, you may be faced with such a challenge. For instance, let's say you inherit two workbooks which contain links to each other. You want to combine the two of them into a single workbook. When you try to do so, the links between the two are broken automatically by Excel. More To view recently archived issues of “Technology Tip of the Week,” go to: http://www.mocpa.org/techtips.html ________________________________ Contact Us For comments or questions, contact: Dawn Martin - dmartin@mocpa.org To view online: http://www.mocpa.org/Content/files/ newsletters/2008/news1007608pp.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