CPAs in Industry

The Financial Accounting Foundation (FAF) has announced that it is planning a series of roundtables and a webcast in order to educate people on its new proposal to establish a board that will focus on issues pertaining to pr

Check out the October issue of The Trusted Professional for Society news and information on the key legislative, regulatory and administrative issues that affect you.

Online coupon site Groupon.com was forced to halve its stated revenues as a result of what the company said were accounting errors that forced it to restate its financial results, according to the New York Times.

In a move that rocked share prices over the past weekend, said Thomson Reuters, the U.S. government announced a lawsuit against 17 banks across the world, including big players like Bank of America and Goldman Sachs, for the role it says they played in the real estate market collapse that preceded the most recent financial crisis.

The NYSSCPA will host a panel discussion on July 11 during the Annual Leadership Conference, which will explore the recommendations of the Blue-Ribbon Panel on Standards Setting for Private Companies recommendation that a private company accounting standards board be formed to oversee a modified form of U.S. Generally Accepted Accounting Principles (GAAP) that would apply to nonpublic entities.

Have you seen the latest issue of The Trusted Professional? Stay on top of Society news and the key legislative, regulatory and administrative issues that affect you.

Have you seen the latest issue of The Trusted Professional? Stay on top of Society news and the key legislative, regulatory and administrative issues that affect you.

It’s official: Euronext has announced that German company Deutsche Boerse, operator of the Frankfurt Stock Exchange, has merged with the New York Stock Exchange to create the “world’s premier global exchange group.”

As part of their ongoing convergence project, aimed at bringing U.S.

There's a new reason to mark April 15 your calendar this year.

On that date, the Treasury Department and the Department of Housing and Urban Development will reportedly request comment on questions related to the appropriate role of the Federal government in housing finance, according to the New York Times.

Dealing with family can be tough. Especially when it’s not your family—but, rather, when you’re the CPA charged with managing its wealth.

But a new NYSSCPA committee will serve as a sounding board for CPAs in this practice area, according to Mark B. Rubin the Family Office Committee, now part of the NYSSCPA's industry division.

Most retired or inactive CPAs who serve on non- and for-profit boards of directors will not have to register with the State Education Department or earn continuing professional education, according to a new interpretation of state accountancy regulations released by the SED Dec. 14.
However, these CPAs must seek inactive status from the SED and make certain disclosures to their boards and third parties.

If you’re a Yankees fan, the high cost of tickets in the Bronx Bombers’ new stadium may have you scratching your head and missing more than a few home games... even though the owners decided to slash some of the highest prices.

But there’s some rhyme and reason behind the team’s $90 nosebleed-section seats -- the cheapest available -- said valuation expert Dr. Peter L. Lohrey, and at a meeting of the Entertainment and Sports Committee this morning, he explained the factors considered in the valuation of a sports franchise.

True or false: You don’t need to delve into your past experiences on a job interview because it’s all written down right there on your resume.

False. Your resume may be near and dear to your own heart, but consider that your interviewer probably glanced over it in just a few minutes. How many times have you hurriedly read something and only absorbed about one-quarter of it? In fact, you shouldn’t assume your interviewer read your resume at all, according to Michael Rosenblatt, president of Quest Organization. Instead, be prepared to discuss each previous position in detail during a job interview, including your reasons for leaving, and highlight skills and experience relevant to the job you are applying for. Rosenblatt and other presenters shared this and other job tips during a recent Banking Committee event, "Accounting Opportunities in Financial Services: Outlook and Strategies for the New Year." You can view the webcast below.

Other job interview do’s and don’ts: