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  • KSCPA Members Attend Fall 2012 Leadership Summit November 14, 2012

    November 14, 2012
    Approximately 100 members and students converged on the Hyatt Regency in Wichita at the biannual KSCPA Fall Leadership Summit. The "20 up to 40" group presented their project, an update of the KSCPA vision, mission, and core values. Tasks forces met to create action plans for the coming year.
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    Source: KSCPA
  • 2012 Adds 26 New Life Members to the KSCPA

    November 14, 2012
    Twenty six new life members nominated by the board of directors were approved by the membership at the 2012 Annual Meeting on November 14, 2012. Approximately 1% of the membership is awarded life membership annually.
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    Source: KSCPA
  • Planning, Preparation and Collaboration on New GASB Pension Statements

    November 8, 2012
    GASB resources to help plan, preparte and collaborate on the new GASB pension statements.
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  • 2012 PCPS MAP Survey State Report Link

    November 4, 2012
    Nearly 2,400 practices in all 50 states responded to the 2012 PCPS/TSCPA National MAP Survey. This is the largest benchmarking survey in the profession. This news article is a followup to the previous article and includes the state report link, the states comprising each region, link to the national compentary and link to MAP page available to PCPS members.
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    Source: AICPA
  • KSCPA Leaders Attend 2012 AICPA Leadership Conference and Fall Council Meeting

    October 25, 2012
    KSCPA leaders attended the 2012 AICPA Leadership Conference and Fall Council Meeting in Amelia Island, FL.
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    Source: KSCPA
  • Past KSCPA President DeAnn Hill Named to "2012 Most Powerful Women in Accounting"

    October 24, 2012
    DeAnn Hill, CPA, PFS, CGMA was named one of 20 "2012 Most Powerful Women in Accounting" by "CPA Practice Advisor." DeAnn is past president of the KSCPA and continues as a leader in both the KSCPA and the AICPA. DeAnn is currently a chair of the AICPA Practitioner's Conference held in conjunction with the TECH and AIM conferences. She serves on the KSCPA Legislative Executive Committee and is a member of the KSCPA PAC. She is serving on the Financial Reporting Framework for SME's task force for the AICPA and is a member of the School Efficiency Task Force for the state of Kansas. ... just to name a few of her activities.
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    Source: KSCPA
  • Billy Atkinson - Chair of PCC - Responds to Questions at AICPA Council

    October 22, 2012
    Billy Atkinson, Chair of the new Private Company Council under the Financial Accounting Foundation to work on modifications to GAAP for private companies, presented to the AICPA Council. His remarks prompted numerous questions from the leaders at the meeting. He urges the members of the AICPA (and state associations) to comment on their recommendations. He is looking for mechanisms to help this process. Please contact Mary MacBain if you have any recommendations or would like to recommend a comment from the KSCPA as a whole. Please consider attending our annual meeting to particpate on the Accounting & Assurance Services Committee, if you are interested in playing a significant role in this process.
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    Source: KSCPA
  • KSCPA Website Updated so Guests can Be Added in Cart for KSCPA Events

    October 22, 2012
    The KSCPA website was updated so that members and others in the KSCPA database can add a guest (e.g. family members) registrant in the cart for an event. The guests are not added to the KSCPA database. This feature makes it easier for the KSCPA team to handle guest registrations and helps our members and others in the database because they don't have to call the office to register guests for free events or pay for events that have a fee.
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    Source: KSCPA
  • Preparation as a Nonattest Service - white paper by Chuck Landes, CPA

    October 9, 2012
    In June 2012, the AICPA’s Professional Ethics Executive Committee (PEEC) issued the exposure draft Proposed Revised and New Interpretations and Proposed Deletion of Ethics Rulings. This exposure draft includes a proposal to amend Interpretation No. 101-3, “Nonattest Services,” under Rule 101, Independence (AICPA, Professional Standards, ET sec. 101 par. .05), to make clear that certain services, including financial statement preparation, would be a nonattest service.

    Concurrently, the AICPA’s Accounting and Review Services Committee (ARSC) issued the exposure draft Proposed Statements on Standards for Accounting and Review Services Association With Unaudited Financial Statements; Compilation of Financial Statements; and Compilation of Financial Statements—Special Considerations that would, among other things, amend when the compilation standard applies and what action a CPA should take when the CPA has been involved in preparing financial statements but has not been engaged to perform a compilation, review, or audit engagement.

    This white paper looks at the rationale behind these two proposals, why they make sense, and what practitioners need to consider going forward. Specifically, this paper looks at three key areas:
    1. Why is preparation a nonattest service?
    2. Why does the compilation standard need to be amended?
    3. What standards must be followed if a member prepares financial statements?
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    Source: AICPA
  • 2012 Women to Watch Awards Luncheon Held September 21, 2012

    October 3, 2012
    Four AICPA-KSCPA members received the prestigious 2012 Women to Watch award at a luncheon held on September 21, 2012 at the Ritz Charles in Overland Park. Experienced leader winners are Shelly Hammond and Christina Ricke. Emerging leader winners are Tammy Bryant and Stephanie Bowen. Fourteen other women nominees were honored for their contributions to the profession and their communities. All of the winners and nominees are outstanding CPAs who serve as role models for the profession. Awards were presented by Robert Shuster, chair of the KSCPA and Tommye Barie, board member of the AICPA. Tommye conveyed her inspiring journey to leadership at the AICPA.
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    Source: KSCPA