KSCPA News http://www.kscpa.org/about/news News from KSCPA en-us Copyright 2014, KSCPA 64th Annual Kansas Tax Conference - November 20-21, 2014 http://www.kscpa.org/about/news/707-64th_annual_kansas_tax_conference-november_20-21 http://www.kscpa.org/about/news/707-64th_annual_kansas_tax_conference-november_20-21 <p><img class="justified_right" style="float: right;" src="/writable/images/News/2014NewsImages/07a_john_campbell_keynote_presentation.jpg" alt="Congressman John Campbell" width="316" height="215" />The Kansas Society of CPAs was delighted to open the 64<sup>th</sup> Annual Tax Conference, held in Wichita, KS from November 20-21, 2014, with a keynote address by <strong>Congressman John B.T. Campbell, III, CPA</strong> , member of the KSCPA, and Member of Congress (2005-2015). His remarks regarding the future of federal tax legislation included insights into the discussion draft for comprehensive tax reform legislation, tax reform with regard to individual, corporate and estate tax, and post-election outlooks.</p> <p><strong>Christian Wood, JD, LLM</strong> of McGladrey LLP in Washington, DC offered his extensive knowledge on IRS new tangible property regulations and their implementation. The audience received a thorough report on the set of comprehensive rules impacting tax payers, some of the potential benefits, and other implementation issues.</p> <p><img class="justified_left" style="float: left;" src="/writable/images/News/2014NewsImages/17_melissa_labant_and_bret_curtis.jpg" alt="Melissa Labant" width="254" height="192" />Closing the morning session of Washington, DC speakers was <strong>Melissa Labant, JD, CPA/PFS, CFP®, CGMA</strong> from the AICPA. Her interactive presentation on Washington tax legislative and regulatory developments not only provided the audience with the most updated information, but also song, as she channeled Willy Nelson to encourage the crowd to, “know when to walk away, and know when to run.”</p> <p>Following a vendor showcase lunch, participants gained valuable ethics training <strong>with Ellen Goria, CPA, CGMA</strong>. As a Senior Manager of Professional Ethics and Professional Ethics Executive committee member with the AICPA, Ellen was by far the best qualified presenter on this topic. The audience came away with both a greater understanding of the revised Code, but also bragging rights; teams competed in Ethics Hollywood Squares!</p> <p>A KSCPA favorite, <strong>Jerry Love, CPA/PFS, CITP, CGMA, ABV, CFP®, CFF, CFFA</strong> continued the afternoon session, guiding the audience on how to utilize From 1040 to produce profitability for both the practitioner and the client.</p> <p><strong><img class="justified_right" style="float: right;" src="/writable/images/News/2014NewsImages/25_bever_dye_reception_5.jpg" alt="Bever Dye" width="319" height="213" />Eric J. Larson, JD, CPA</strong> of Bever Dye LC, presented the last session of the day, offering valuable information on how to integrate income tax planning into the estate planning process to maximize the income tax savings out of estate situations. Now, more than ever, tax planning should be considered and implemented in the estate planning process. <br /><br />A well-attended and lively reception, sponsored by <strong>Bever Dye, LC.,</strong> closed out the day.</p> <p>Many benefited from an early rise on the second day. While enjoying a hot breakfast, participants were educated by<strong> Greg Howard</strong> of USA Benefits Exchange on the Affordable Care Act Small Business Health Options Program (SHOP) and its impact on small business owners and their clients.</p> <p><img class="justified_left" style="float: left;" src="/writable/images/News/2014NewsImages/47_randy_johnston_and_jay_langley.jpg" alt="Randy Johnston" width="249" height="176" />The second day general session welcomed back our favorite technology guru <strong>Randy Johnston, MCS, MCP</strong>. Sporting Google glasses, Randy guided the audience through new hardware and software technologies, those benefiting CPAs, and the latest strategies minimizing compliance risk with privacy and information security. </p> <p><strong>Jerry Love, CPA</strong>, returned with his timely and relevant presentation on identity theft. Jerry and the participants explored recent identity theft cases, how they could protect themselves and their clients from identity theft, and what to do if it happens.</p> <p><strong>Victoria Sherlock, JD</strong> with KPMG delivered an extensive and thorough presentation highlighting the most significant rulings, regulations and cases pertaining to Federal Income Taxation. Prepared by Professors Martin McMahon, Bruce McGovern, and Ira Shepard, this outline summarizes rulings, regulations, and judicial decisions involving a variety of tax topics.</p> <p><strong>Dr. Chris Kuehl</strong>, an audience favorite, presented an Economic Update with his trademark humor and charm. He reviewed the latest economic stats and outlook for the audience to assist their clients and organizations as much as possible.</p> <p>Dual speakers <strong>Stephanie E. Bunten, JD, LLM,</strong> CPA and <strong>Andrew Spikes, CPA</strong>, both of Mize Houser & Company P.A., tackled the complex jungle of The Affordable Care Act tax compliance and reporting. This team covered Individual Shared Responsibility provision, the Employer Shared Responsibility provision, the Small Business Health Care Tax Credit, Employer Health Reimbursement Arrangements, Reporting Requirements for Individuals and Employers, and more.</p> <p><img class="justified_right" style="float: right;" src="/writable/images/News/2014NewsImages/63_doug_watson_and_monty_allen.jpg" alt="F. Douglas Watson" width="240" height="172" />Closing the day, <strong>F. Douglas Watson, JD, LLM, CPA</strong> of Grant Thorton LLP in Minneapolis showed the participants why it’s important for Kansas CPAs to understand international taxation. He covered multinational companies, global business impacting Kansas, key international concepts, and planning opportunities.</p> <p>The Kansas Society of CPAs is proud to deliver a successful conference. The 64<sup>th</sup> Annual Tax Conference provided invaluable information, presented by knowledgeable speakers, and the engagement of its members was impressive. Thank you to all who attended and we look forward to seeing you next year!</p> <p><iframe src="http://cdn.embedly.com/widgets/media.html?src=http%3A%2F%2Fwww.flickr.com%2Fapps%2Fslideshow%2Fshow.swf%3Fv%3D107931&fv=v%3D107931%26offsite%3Dtrue%26lang%3Den-us%26page_show_url%3D%252Fphotos%252F58224886%40N02%252Fsets%252F72157649525463076%252Fshow%252F%26page_show_back_url%3D%252Fphotos%252F58224886%40N02%252Fsets%252F72157649525463076%252F%26set_id%3D72157649525463076%26jump_to%3D&url=https%3A%2F%2Fwww.flickr.com%2Fphotos%2F58224886%40N02%2Fsets%2F72157649525463076%2F&image=https%3A%2F%2Ffarm8.staticflickr.com%2F7542%2F15937822412_aeb943ab38_z.jpg&type=application%2Fx-shockwave-flash&schema=flickr" width="420" height="260" allowfullscreen="" frameborder="0"></iframe></p> Thu, 18 Dec 2014 12:00:00 EDT 2014 AICPA/KSCPA Women to Watch Awards Luncheon Held November 19, 2014 http://www.kscpa.org/about/news/706-2014_aicpa_kscpa_women_to_watch_awards_luncheon http://www.kscpa.org/about/news/706-2014_aicpa_kscpa_women_to_watch_awards_luncheon <p dir="ltr" align="left">The Wichita chapter of the KSCPA sponsored the <strong><span style="font-family: Adobe Garamond Pro Bold;">AICPA/KSCPA <em>Women to Watch </em>Awards Luncheon,</span></strong> honoring outstanding women in the profession. Unlike many CPA events, the room was adorned with beautiful flowers, honorees wore flowers, and the sunny day made for a perfect setting in the Riverview Ballroom at the Hyatt Regency on November 19, 2014.</p> <p dir="ltr" align="left"><strong><span style="font-family: Adobe Garamond Pro Bold;"><img class="justified_left" style="float: left;" src="/writable/images/News/2014NewsImages/30_2014_women_to_watch_awards_cindy_mcswain.jpg" alt="Cindy McSwain" width="276" height="197" />Cindy McSwain</span></strong>,Shareholder and Vice President, Allen, Gibbs & Houlik, L.C. was recognized as the 2014 Experienced Leader. In her acceptance speech, Cindy emphasized passion, a solid and caring support system, and surrounding yourself with positive,uplifting people as essentials to success as a woman in the profession.</p> <p style="text-align: left;" dir="ltr" align="left"><strong><img class="justified_right" style="float: right;" src="/writable/images/News/2014NewsImages/27_2014_women_to_watch_awards_laura_mossman_cropped.jpg" alt="Laura Mossman" width="214" height="218" />Laura Mossman</strong>, Director, BKD, LLP was recognized as the 2014 Emerging Leader. Similar to Cindy, Laura attributed success to her support system, positive mentors and leaders, and a passion for the accounting profession.</p> <p dir="ltr" align="left">The <strong>2014 AICPA/KSCPA <em>Women to Watch</em> Nominees</strong> were as follows:</p> <p dir="ltr" align="left"><strong>Emerging Leaders:<br />Noelle Caldwell</strong>, Managing Partner, Harvey & Caldwell, P.A. <br /><strong>Tara Laughlin</strong>, Manager, Allen, Gibbs & Houlik, L.C. <br /><strong>Trina Swart</strong>, Shareholder, McFarren, Magnifico & Swart <br /><strong>Melanie Tuttle</strong>, President and Managing Partner, Tuttle & McCullough, CPAs, PA</p> <p dir="ltr" align="left"><strong>Experienced Leaders:<br />Melinda Hitz</strong>, Director of Finance for the City of Garden City <br /><strong>Sharon Latimer</strong>,Partner, RubinBrown <br /><strong>Cathy Mitchell</strong>, Senior Manager, Allen, Gibbs & Houlik, L.C. <br /><strong>Pamela Peppard</strong>, Director, CBIZ MHM LLC <br /><strong>Michelle Schneider</strong>, Principal, Adams, Brown, Beran & Ball, Chtd.</p> <p dir="ltr" align="left"><strong>Dr. Cheryl Leitschuh</strong>, a leadership development consultant and immediate past Chair of the <strong>AICPA Women’s Initiative Committee</strong> presented findings on the impact of women in the profession. Dr. Leitschuh identified the barriers women face in the profession, but also offered strategies for both organizations and the individual to overcome these obstacles.</p> <p dir="ltr" align="left"><iframe src="http://cdn.embedly.com/widgets/media.html?src=http%3A%2F%2Fwww.flickr.com%2Fapps%2Fslideshow%2Fshow.swf%3Fv%3D107931&fv=v%3D107931%26offsite%3Dtrue%26lang%3Den-us%26page_show_url%3D%252Fphotos%252F58224886%40N02%252Fsets%252F72157647373651923%252Fshow%252F%26page_show_back_url%3D%252Fphotos%252F58224886%40N02%252Fsets%252F72157647373651923%252F%26set_id%3D72157647373651923%26jump_to%3D&url=https%3A%2F%2Fwww.flickr.com%2Fphotos%2F58224886%40N02%2Fsets%2F72157647373651923%2F&image=https%3A%2F%2Ffarm9.staticflickr.com%2F8604%2F15369846284_d87d278749_z.jpg&type=application%2Fx-shockwave-flash&schema=flickr" width="420" height="260" allowfullscreen="" frameborder="0"></iframe></p> Thu, 18 Dec 2014 12:00:00 EDT 2014 Annual Meeting, Leadership Development, Board Meeting & Past Chairs’ Dinner Held November 19, 2014 http://www.kscpa.org/about/news/705-2014_annual_meeting_leadership_development_board http://www.kscpa.org/about/news/705-2014_annual_meeting_leadership_development_board <p style="text-align: left;" dir="ltr" align="justify">The <strong>2014 Annual Meeting of the Kansas Society</strong><img class="justified_right" style="float: right;" src="/writable/images/News/2014NewsImages/03_annual_meeting_christina_ricke.jpg" alt="Christina Ricke" width="174" height="242" /><strong> of Certified Public Accountants and Educational Foundation and new Leadership Development Program</strong> not only set a record for highest attendance in recent years, it was also the first to be remotely simulcast so that members who could not attend in person were able to benefit.</p> <p style="text-align: left;" dir="ltr" align="justify">Prior to the start of the meeting,<strong> Christina Ricke</strong>, Champion of the <strong><span style="font-family: Adobe Garamond Pro Bold;">Promotion of the CPA Brand</span></strong> Task Force, introduced the audience to its first deliverable:<strong><em><span style="font-family: Adobe Garamond Pro Bold;"> "Why a CPA?"</span></em></strong> Each attendee received talking points business cards to engage one another in discussing the benefits of pursuing a career as a CPA. Students were provided resources for more information on the steps to becoming a CPA, encouraging the importance of the brand as it pertains to career growth, opportunity, and satisfaction.</p> <p style="text-align: left;" dir="ltr" align="justify"><strong><span style="text-decoration: underline;"><img class="justified_left" style="float: left;" src="/writable/images/News/2014NewsImages/05_annual_meeting_amber_goering.jpg" alt="Amber" width="261" height="196" /></span>Mary MacBain, President and CEO</strong>, took the stage for welcoming remarks and introduced<strong> Amber Goering</strong>, CPA and the <strong>McConnell AFB Honor Guard</strong> to perform the National Anthem. Following, <strong><span style="font-family: Adobe Garamond Pro Bold;">Dr. Norman Hope </span></strong>called to order the<strong><span style="font-family: Adobe Garamond Pro Bold;"> 2014 Annual Meeting of the Educational Foundation of the Kansas Society of CPAs.</span></strong></p> <p style="text-align: left;" dir="ltr" align="justify"> </p> <p style="text-align: left;" dir="ltr" align="justify"> </p> <p style="text-align: left;" dir="ltr" align="justify"><strong>2014 Annual Meeting of the KSCPA Educational Foundation</strong><br />Dr. Hope introduced the Board of Trustees of the KSCPA Foundation before members elected Rebecca Casey, Pittsburg, KS, to the board of trustees for a 4-year term.</p> <p style="text-align: left;" dir="ltr" align="justify">Officers for the year 2014-2015 were announced as follows:<br /><strong>Kenneth A. Selzer</strong>, Leawood, Chair<br /><strong>Cheryl G. Hayward</strong>, Topeka, Vice Chair<br /><strong>Dan Crumb</strong>, Olathe, Secretary/Treasurer</p> <p style="text-align: left;" dir="ltr" align="justify"><img class="justified_right" style="float: right;" src="/writable/images/News/2014NewsImages/10_foundation_annual_meeting_dr_norm_hope_chair_award.jpg" alt="Ken Selzer and Norman Hope" width="301" height="200" />Ken A. Selzer, Chair, acknowledged Dr. Norm Hope, outgoing Chair, for his 5-years of service and contributions to the Foundation. Dr. Hope led the Board of Trustees to update the mission statement and focus. He envisioned and guided the implementation of<em><strong> Plan 365</strong></em>, which is raising funds for a new $2,500 leadership scholarship in honor of <strong>Mary Ellen Kirkpatrick,</strong> the tenth women CPA in Kansas, first woman to chair the KS BOA, and the first woman to start her own firm, which is still in existence today. Above all, through his passion for education and the profession of accounting, Dr. Hope has encouraged accounting students to achieve their potential as future CPAs.</p> <p style="text-align: left;" dir="ltr" align="justify">Mr. Selzer acknowledged and welcomed faculty and students in attendance from the following institutions:<br /><strong>Bethany College</strong><br /><strong>Emporia State University</strong><br /><strong>Ft. Hays State University</strong><br /><strong>Kansas State University</strong><br /><strong>Pittsburg State University</strong><br /><strong>Seward Community College</strong><br /><strong>Southwestern College</strong><br /><strong>Sterling College</strong><br /><strong>Tabor College</strong><br /><strong>University of Kansas</strong><br /><strong>Wichita State University</strong></p> <p style="text-align: left;" dir="ltr" align="justify"><iframe src="http://cdn.embedly.com/widgets/media.html?src=http%3A%2F%2Fwww.flickr.com%2Fapps%2Fslideshow%2Fshow.swf%3Fv%3D107931&fv=v%3D107931%26offsite%3Dtrue%26lang%3Den-us%26page_show_url%3D%252Fphotos%252F58224886%40N02%252Fsets%252F72157647366455784%252Fshow%252F%26page_show_back_url%3D%252Fphotos%252F58224886%40N02%252Fsets%252F72157647366455784%252F%26set_id%3D72157647366455784%26jump_to%3D&url=https%3A%2F%2Fwww.flickr.com%2Fphotos%2F58224886%40N02%2Fsets%2F72157647366455784%2F&image=https%3A%2F%2Ffarm8.staticflickr.com%2F7492%2F15990137951_862299b510_z.jpg&type=application%2Fx-shockwave-flash&schema=flickr" width="420" height="260" allowfullscreen="" frameborder="0"></iframe></p> <p style="text-align: left;" dir="ltr" align="justify"><strong>2014 Annual Meeting of the KSCPA</strong><br />Mary MacBain introduced<strong><span style="font-family: Adobe Garamond Pro Bold;"> Melinda Hitz,</span></strong> Chair to take the stage and call to order the <strong><span style="font-family: Adobe Garamond Pro Bold;">2014 Annual Business Meeting of the KSCPA</span></strong>. Chair Hitz introduced the KSCPA Executive Committee and Board of Directors.</p> <p style="text-align: left;" dir="ltr" align="justify">Also in attendance were<strong> Robert Schuster</strong>, elected member of AICPA Council and <strong>Dominic Ortiz</strong>, at large member of AICPA Council. M. Aron Dunn was acknowledged as Chair of the Accounting & Assurance Task Force and Liaison to the Kanas Board of Accountancy.</p> <p style="text-align: left;" dir="ltr" align="justify">The Annual Report was distributed electronically and any questions may be directed to Karen Mitchell, CFO of the KSCPA at <a href="mailto:karen@kscpa.org">karen@kscpa.org</a>.</p> <p style="text-align: left;" dir="ltr" align="justify"><strong><a class="file pdf" href="/writable/files/2014/News/2014_annual_meeting_booklet.pdf">Click here for the 2013-14 Annual Report of the KSCPA.</a></strong></p> <p style="text-align: left;" dir="ltr" align="justify">The following members were elected to Life Membership:<br />William L. Beaton<br />Terrance W. Brown<br />Judith H. Byrum-Sutton (Deceased)<br />Steve Clinkinbeard<br />Jayson C. Cyr<br />Kay B. Denny<br />Richard J. Hendrix<br />Michael K. Herrman<br />Thomas A. Hintz<br />Steven A. Houlik<br />Jay D. Langley<br />Stephen B. LaPrad<br />Derry A. Larson<br />Michael D. McLain<br />Christopher W. Merchant<br />Lana M. Miller<br />Deborah Clements Paulsen<br />Greg D. Peterson<br />Layne C. Shirk<br />Kurtis G. Siemers<br />Randy C. Staub<br />Larry G. Stoppel<br />Michael H. Urbom<br />Arnold F. Wheeler</p> <p style="text-align: left;" dir="ltr" align="justify">Past Chair Robert Schuster, on behalf of the KSCPA Nominations Committee presented the following nominations for Executive Committee and Board of Directors:<br /><strong>Michelle Schneider</strong>, Great Bend, Chair<br /><strong>Matthew R. List</strong>, Wichita, Vice Chair<br /><strong>James K. Boomer</strong>, Prairie Village, Secretary/Treasurer</p> <p style="text-align: left;" dir="ltr" align="justify">Board of Directors<br /><strong>Matt Bellomo, </strong>Overland Park<strong><br />Brandi DiGiorgio, </strong>Shawnee<strong><br /></strong><strong>Michele A. Herzog</strong>, Overland Park<br /><strong>Christine "Chris" Johnston</strong>, Prairie Village<br /><strong>Lori A. Wenrich</strong>, Wichita</p> <p style="text-align: left;" dir="ltr" align="justify">The KSCPA members elected the slate of nominations.</p> <p style="text-align: left;" dir="ltr" align="justify"><strong><img class="justified_center" style="margin-right: auto; margin-left: auto; display: block;" src="/writable/images/News/2014NewsImages/22_kscpa_annual_meeting_oath.jpg" alt="Board" width="502" height="336" />Ms. Schneider</strong>, newly elected Chair, took the oath of office. Ms. Schneider directed the newly elected Officers and Directors to take the stage for their oath of office. Melinda Hitz, outgoing Chair was acknowledged for her outstanding efforts and leadership, and was presented with an award in recognition of service to the KSCPA. Chair Schneider adjourned the 2014 Annual Meeting of the Kansas Society of Certified Public Accountants.</p> <p style="text-align: left;" dir="ltr" align="left"><iframe src="http://cdn.embedly.com/widgets/media.html?src=http%3A%2F%2Fwww.flickr.com%2Fapps%2Fslideshow%2Fshow.swf%3Fv%3D107931&fv=v%3D107931%26offsite%3Dtrue%26lang%3Den-us%26page_show_url%3D%252Fphotos%252F58224886%40N02%252Fsets%252F72157649635315516%252Fshow%252F%26page_show_back_url%3D%252Fphotos%252F58224886%40N02%252Fsets%252F72157649635315516%252F%26set_id%3D72157649635315516%26jump_to%3D&url=https%3A%2F%2Fwww.flickr.com%2Fphotos%2F58224886%40N02%2Fsets%2F72157649635315516%2F&image=https%3A%2F%2Ffarm9.staticflickr.com%2F8593%2F15804803848_3ed7100e79_z.jpg&type=application%2Fx-shockwave-flash&schema=flickr" width="420" height="260" allowfullscreen="" frameborder="0"></iframe></p> <p style="text-align: left;" dir="ltr" align="left"><strong>Leadership Development Program</strong><br />In conjunction with the Kansas Society of CPAs and Educational Foundation Annual Meetings, a new Leadership Development Program, <strong><em><span style="font-family: Adobe Garamond Pro Bold;">"20 up to 40"</span></em></strong> presentation and graduation, and AICPA/KSCPA <strong><em><span style="font-family: Adobe Garamond Pro Bold;">Women to Watch</span></em></strong> <strong><span style="font-family: Adobe Garamond Pro Bold;">Awards</span></strong> Luncheon were held on November 19, 2014 at the Hyatt Regency in Wichita, KS. The <em><strong>"20 up to 40"</strong></em> and <em><strong>Women to Watch Awards</strong></em> are reported under separate news articles.</p> <p style="text-align: left;" dir="ltr" align="left">The KSCPA was honored to have four outstanding speakers - all top in their fields - who understand the value of the CPA brand and the importance of visionary leadership.</p> <p style="text-align: left;" dir="ltr" align="left"><strong><img class="justified_left" style="float: left;" src="/writable/images/News/2014NewsImages/29_kscpa_leadership_development_gerald_graham.jpg" alt="Dr. Gerald Graham" width="264" height="182" />Dr. Gerald Graham</strong>, R.P. Clinton Distinguished Professor of Management at Wichita State University, opened the day’s events with his presentation "<em><strong>Why Leaders Must Embrace Change and How to Get Others to Do the Same."</strong></em> With five books on management and leadership, Dr. Graham is an authority on management and leadership techniques. Dr. Graham emphasized change within an organization is inevitable, yet change is frequently resisted. In his typical light-hearted style, Dr. Graham enlighted the audience about why people resist change and introduced the audience to effective strategies to meet resistance and lead change.</p> <p style="text-align: left;" dir="ltr" align="left"><strong>Al Anderson, CPA, </strong>President of ACCOUNT-ability Plus, LLC, pushes the envelope within the audit field. His level of experience as it pertains to assurance services, technical audit, or accounting standards in incomparable. His presentation on <em><strong>"The Future of Audit and Why it Takes Leadership"</strong></em> identified five attributes on how audit leadership can nurture and enhance a CPAs audit practice to achieve a much needed rebirth of the audit. Al's presentation is available on the KSCPA website under Member Resources.</p> <p style="text-align: left;" dir="ltr" align="left"><em>Student Networking</em><br />As the audience adjourned for the 2014 Women to Watch Awards luncheon, students and faculty from across the state participated in a networking luncheon, facilitated by Susan Iverson of the KSCPA. During the networking luncheon, the participants engaged in an introduction and team building exercise. Students responded to the entire experience with enthusiasm and increased interest in the profession. Here are a few examples of what these future CPAs took away:</p> <p style="text-align: left;" dir="ltr" align="left"><strong><em>"What a great experience I will never forget. I hope to hear more from the KSCPA and to grow a stronger relationship with them."</em> </strong>–Jess</p> <p style="text-align: left;" dir="ltr" align="left"><em><strong>"Thank you for the opportunity to learn more about the industry and enhance our understanding of the CPA brand."</strong> </em>–Chelsea</p> <p style="text-align: left;" dir="ltr" align="left"><em><strong>"I learned a lot of tips on leadership and great information for my accounting future."</strong> </em>–Shawn</p> <p style="text-align: left;" dir="ltr" align="left"><img class="justified_right" style="float: right;" src="/writable/images/News/2014NewsImages/47_kscpa_leadership_development_dr_hubert_glover.jpg" alt="Dr. Hubert Glover" width="260" height="186" />Following the <strong><span style="font-family: Adobe Garamond Pro Bold;">AICPA/KSCPA <em>Women to Watch</em> Awards Luncheon</span></strong>, <strong><span style="font-family: Adobe Garamond Pro Bold;">Dr. Hubert Glover, </span></strong><span style="font-family: Adobe Garamond Pro Bold;">Director of the Accounting Program at Drexel University, i</span>ncorporated the majestic giraffe in his presentation entitled <em><strong>"Giraffes of Technology."</strong></em> Using the giraffe as a metaphor, Dr. Glover – an unmatched leader, academician, and author – offered a fresh alternative to the top-down management approach, emphasizing community engagement, encouragement, and fearlessness.</p> <p style="text-align: left;" dir="ltr" align="left">The KSCPA was honored to have <strong><span style="font-family: Adobe Garamond Pro Bold;">Dr. Dan Deines</span></strong> close the Leadership Development Program. Dr. Deines is passionately dedicated to the profession, working to develop future CPAs and to maintain the integrity of the CPA brand. Dr. Deines offered the audience an "Update on the Pathways Commission, a task force co-chaired by Bill Ezzell and Mark Higgins, created to develop a vision of accounting, with a focus on what people should understand as a result of their first exposure to accounting. Dr. Deines then hosted <em><strong>"Overtime with Dr. Dan Deines,"</strong></em> where faculty, students, and future CPAs could further engage with this truly impressive leader.</p> <p style="text-align: left;" dir="ltr" align="left">The <strong>KSCPA Board of Directors</strong> held its regular meeting following the Leadership Development Program. Michelle Schneider led the group in approving the annual audit report, budget for 2014-15. Other items were discussed, including potential recommendations for statute changes, peer review, and other task force recommendations.</p> <p style="text-align: left;"><strong>Past Chairs' Reception and Dinner</strong><br />The biennial Past Chairs’ Reception and Dinner was held on the evening of November 19, 2014. The dinner featured entertainment from the Wichita State University Jazz Band.</p> <p style="text-align: left;" dir="ltr" align="justify">This year, the Life Memberships were recognized and received awards during the dinner.</p> <p style="text-align: left;" dir="ltr" align="justify">The KSCPA organization would not exist without the engagement of its members and efforts of its leadership. This day provided a meaningful exchange of ideas and leadership development that will be continued annually. <strong>The next annual meeting and leadership development program will be held on October 28, 2015 at the Holiday Inn in Overland Park.</strong> We hope to exceed expectations of engagement once again, so mark your calendars now!</p> <p style="text-align: left;"> </p> Thu, 18 Dec 2014 12:00:00 EDT Happy Holidays from the KSCPA http://www.kscpa.org/about/news/704-happy_holidays_from_the_kscpa http://www.kscpa.org/about/news/704-happy_holidays_from_the_kscpa <p><img class="justified_center" style="margin-right: auto; margin-left: auto; display: block;" src="/writable/images/News/2014_holidays.jpg" alt="Happy Holidays" /></p> <p style="margin: 0in 0in 0pt;"><strong><span style="color: #555555; font-family: 'Arial','sans-serif';">Happy Holidays from the KSCPA! <!--?xml:namespace prefix = "o" ns = "urn:schemas-microsoft-com:office:office" /--></span></strong></p> <p style="margin: 0in 0in 0pt;"><span style="color: #555555; font-family: 'Arial','sans-serif';"> </span></p> <p style="margin: 0in 0in 0pt;"><span style="color: #555555; font-family: 'Arial','sans-serif';">Everyone at the KCPA thanks you for your membership and support in 2014. Looking forward to a rewarding 2015 for all!</span></p> <p style="margin: 0in 0in 0pt;"><span style="color: #555555; font-family: 'Arial','sans-serif';"> </span></p> <p style="margin: 0in 0in 0pt;"><span style="color: #555555; font-family: 'Arial','sans-serif';">With the holidays and busy season approaching, I wanted to let you all know that we are planning for the coming year and our steering committees will meet soon to identify topics and speakers. Below you will find a short survey where you can add any topics and/or speakers you would recommend for 2015. We rely on our members to tell us what topics they want to be added to the 2015 Professional Development Calendar. If you know of any topics or speakers, please take a moment to complete the survey, so our steering committees can provide the best conferences and courses.</span></p> <p style="margin: 0in 0in 0pt;"> </p> <p style="margin: 0in 0in 0pt;"><strong><a href="https://www.surveymonkey.com/s/THBN6VN" target="_blank">CLICK HERE TO TAKE THE SURVEY</a></strong></p> Wed, 17 Dec 2014 12:00:00 EDT AICPA Offers a Vision of the Future of Peer Review http://www.kscpa.org/about/news/703-aicpa_offers_a_vision_of_the_future_of_peer_review http://www.kscpa.org/about/news/703-aicpa_offers_a_vision_of_the_future_of_peer_review <p class="Default">It’s 2025. You’re being introduced to Leslie, the quality control partner for her firm. She is in the midst of analyzing client work papers through the firm’s practice monitoring system. Relieved to see that a flag she raised in the system has been resolved by the audit manager, Leslie now understands that the concern had been a simple documentation issue and not a failure to perform a key audit procedure. With this overview of her firm’s engagements and the assurance that her team has addressed her concerns, Leslie can now approve the work papers with a simple voice command. Automatically, the system creates and routes her firm’s standard audit opinion letter tailored for the client.</p> <p class="Default"><iframe src="http://cdn.embedly.com/widgets/media.html?src=http%3A%2F%2Fc.brightcove.com%2Fservices%2Fviewer%2Ffederated_f9%3FisVid%3D1%26isUI%3D1&fv=%40videoPlayer%3D3941032659001%26autoStart%3Dfalse%26playerID%3D3936518576001%26domain%3Dembed%26dynamicStreaming%3Dtrue&url=http%3A%2F%2Flink.brightcove.com%2Fservices%2Fplayer%2Fbcpid3936518576001%3Fbckey%3DAQ%7E%7E%2CAAAAAFiQae0%7E%2COKolxKKriBWv2D5K1NoSLvcyJ6IMVfQ3%26bclid%3D3936500228001%26bctid%3D3941032659001&image=http%3A%2F%2Fbrightcove.vo.llnwd.net%2Fv1%2Funsecured%2Fmedia%2F1485859309%2F201412%2F3971%2F1485859309_3943170303001_video-still-for-video-3941032659001.jpg%3FpubId%3D1485859309&type=application%2Fx-shockwave-flash&schema=brightcove" width="420" height="240" allowfullscreen="" frameborder="0"></iframe></p> <p>This scenario is what the AICPA asks stakeholders to imagine as they consider and provide feedback on how the 35-year old peer review program might be transformed. On December 15, the AICPA published a concept paper titled “<a href="http://community.aicpa.org/future-practice-monitoring/m/mediagallery/600.aspx">Evolving the CPA Profession’s Peer Review Program for the Future: A provocative vision of what practice monitoring could become</a>,” as part of the Enhancing Audit Quality initiative and is seeking <strong>KSCPA</strong> member input. The concept outlined in the paper was developed after two years of research and brainstorming by CPA profession leadership, staff, members and volunteers from across the country.</p> <p>“Today we’re faced with new levels of complexity in an increasingly fast-paced environment,” said Mary Rapp MacBain, CPA.CITP, CGMA, President/CEO, KSCPA. “This thought-provoking concept challenges practitioners to consider and discuss an important transformation. By providing insights and putting our ideas together, we can keep our profession on the forefront of innovation and quality to protect the public interest.”</p> <p><em>Elements of the Concept<br /></em>Practice monitoring as described in the concept could potentially increase public protection through enhanced audit effectiveness by:</p> <ul> <li>Highlighting potential quality risk indicators and detecting engagement issues earlier</li> <li>Reviewing all firms that perform accounting, auditing and attestation engagements</li> <li>Monitoring all engagements subject to review</li> </ul> <p>A key aspect of the concept is a technology platform that joins with human oversight to provide near real-time, continuous analytic evaluation. Monitoring would initially be conducted by the firm itself. Analytic tools would notify the firm of potential quality risks or engagement issues prior to or during engagements. This notification would then lead to two levels of external monitoring.</p> <p>In the first level of external monitoring, AICPA-engaged practice monitors would assist firms in addressing quality issues and provide guidance to correct them. The second level would be performed by the firm’s external monitoring team, which would address unresolved issues and conduct periodic inspections of the firm’s system of quality control, including the use of technology and other resources within the firm.</p> <p>As currently outlined in the concept paper, the program would be developed and implemented in multiple phases. The first phase begins with a voluntary pilot group of small, medium and larger firms. The paper explains how future phases would transition from voluntary to mandatory participation.</p> <p>During all phases, a dashboard would provide a snapshot of useful information about the firm’s engagement activities and compliance with performance metrics over areas subject to monitoring. When implementation is complete, the cumulative results of the metrics displayed on the dashboard would generate a rating that would be displayed as a “quality seal.”</p> <p>Within the concept, the seal would visually confirm the firm’s participation in the practice monitoring program, the extent of services and the degree of compliance with performance metrics. Depending on access privileges and security rights, stakeholders would be able to access various levels of firm-related quality performance information.</p> <p><em>Influence the Program<br /></em>The concept’s vision is meant to change and develop based on stakeholders’ feedback on the paper. Advances in technology and the pilot program’s impact on firms also will contribute to the maturation and transformation of that vision. In time, the AICPA hopes that, through iterative processes, it can enhance the future for practice monitoring by:</p> <ul> <li>Leveraging and incorporating emerging technologies</li> <li>Providing a platform for more timely and effective audit quality oversight</li> <li>Delivering more timely and transparent information to stakeholders (clients and oversight bodies) regarding the quality of a firm’s audit performance, and, thus, protecting the public interest</li> <li>Ensuring that the evolving process and its audit quality tools provide value to firms </li> </ul> <p>“The profession is at an early stage in imagining practice monitoring’s future. The concept itself hinges on the input and guidance of practice monitoring’s stakeholders, who are urged to read the <a href="http://community.aicpa.org/future-practice-monitoring/m/mediagallery/600.aspx">paper</a> and comment on it,” said MacBain. "<strong>KSCPA</strong> members will be able to provide thoughtful and diverse perspectives on what the next generation of practice monitoring might look like.”</p> <p>To learn more, read the <a href="http://community.aicpa.org/future-practice-monitoring/m/mediagallery/600.aspx">concept paper</a> or visit the Future of Practice Monitoring resource page at <a href="http://www.aicpa.org/InterestAreas/PeerReview/Pages/FutureofPracticeMonitoring.aspx">aicpa.org/practicemonitoringconcept</a>, which features related news and information, including a video.</p> <p>Comments, due <strong>June 15, 2015</strong>, may be submitted by email to <a href="mailto:prsupport@aicpa.org?subject=PM-Future-Comments">prsupport@aicpa.org</a> or through the Web at <a href="http://community.aicpa.org/future-practice-monitoring/default.aspx">aicpa.org/futurepracticemonitoring</a>.</p> Mon, 15 Dec 2014 12:00:00 EDT IRS - News for Tax Professionals - January 2014 http://www.kscpa.org/about/news/702-irs-news_for_tax_professionals-january_2014 http://www.kscpa.org/about/news/702-irs-news_for_tax_professionals-january_2014 <p><img src="/writable/images/Logos/irslogo.jpg" alt="irs" width="545" height="101" /></p> <p><strong>January 2014</strong></p> <p><strong>New Standard Mileage Rates Now Available. </strong>See <a href="http://www.irs.gov/pub/irs-drop/n-14-79.pdf">Notice 2014-79</a><br />Beginning on Jan. 1, 2015, the standard mileage rates for the use of a car, van, pickup or panel truck will be:</p> <ul> <li>57.5 cents per mile for business miles driven, up from 56 cents in 2014</li> <li>23 cents per mile driven for medical or moving purposes, down half a cent from 2014 </li> <li>14 cents per mile driven in service of charitable organizations</li> </ul> <p>Many people give to charity each year during the holiday season. Remember, if you want to claim a tax deduction for your gifts, you must itemize your deductions. There are several tax rules that you should know about before you give. Here are <strong><a href="http://www.irs.gov/uac/Six-IRS-Tips-for-Year-End-Gifts-to-Charity">Six IRS Tips for Year-End Gifts to Charity</a></strong> that you should keep in mind.</p> <p>Find out which of your clients need to pay the <strong>federal gift tax</strong> and what the <strong>annual exclusion amount</strong> is for 2014 and 2015 in this new <a href="https://www.youtube.com/watch?v=dkY6mMZMHak" target="_blank">YouTube video</a>.</p> <p>The <strong>Internal Revenue Service Advisory Council (IRSAC) released its <a href="http://www.irs.gov/Tax-Professionals/2014-IRSAC-Public-Meeting-Briefing-Book">annual report</a></strong>, which includes recommendations on a wide range of tax administration issues. IRSAC is an advisory group to the entire agency. IRSAC’s primary purpose is to provide an organized public forum of relevant tax administration issues for the Commissioner, senior IRS executives and representatives of the public to discuss relevant tax issues.</p> <p> </p> <p><strong>AFFORDABLE CARE ACT<br /></strong><strong>Three new ACA pages on IRS.gov! <br />-  </strong>Use the <a href="http://www.irs.gov/Affordable-Care-Act/Individuals-and-Families/Affordable-Care-Act-and-Taxes-At-a-Glance">Affordable Care Act and Taxes – At a Glance Chart</a> to better understand the healthcare law and how it affects you.<br />-  See <a href="http://www.irs.gov/Affordable-Care-Act/Individuals-and-Families/The-Affordable-Care-Act-What’s-Trending">What's Trending</a> for news on trending topics and answers to questions we are hearing.<br />-  The IRS recently updated the <a href="http://www.irs.gov/uac/Newsroom/The-Health-Insurance-Marketplace" target="_blank">Health Insurance Marketplace</a> page on IRS.gov. The page now has two key sections. The first focuses on the Form 1095-A and what individuals and families can expect at tax time with respect to information about their 2014 Marketplace coverage. Notably it includes information about how to contact the federal and state marketplaces. The second section focuses on the current open enrollment period that runs through Feb. 15.</p> <p><strong>New ACA Publication posted 12/11/2014!<br /></strong><strong><a href="http://www.irs.gov/pub/irs-pdf/p5187.pdf">Publication 5187: Health Care Law: What’s New for Individuals & Families</a></strong><strong><br />Recent updates to this page:</strong> <a href="http://www.irs.gov/Tax-Professionals/ACA-Information-Center-for-Tax-Professionals">ACA Information Center for Tax Professionals</a><br />-  Affordable Care Act      Return Preparer Best Practices</p> <ul> <li><a href="http://www.irs.gov/file_source/pub/irs-utl/Best%20Practices%205000A.pdf">Individual Shared Responsibility Provision – §       5000A</a></li> <li><a href="http://www.irs.gov/file_source/pub/irs-utl/Best%20Practices%2036B.pdf">Premium Tax Credit (PTC) – § 36B</a></li> </ul> <p>See the latest <strong>Health Care Tax Tips</strong> <a href="http://www.irs.gov/uac/Newsroom/Health-Care-Tax-Tips2">here</a>.<br /><strong><br />ACA News for Individuals<br /></strong><a href="http://www.irs.gov/pub/irs-drop/n-14-76.pdf">Notice 2014-76</a> provides a list of the § 5000A hardship exemptions that taxpayers may claim on a Federal income tax return without obtaining a hardship exemption certification from the Marketplace. The chart on the bottom of <a href="http://www.irs.gov/Affordable-Care-Act/Individuals-and-Families/ACA-Individual-Shared-Responsibility-Provision-Exemptions">this page</a> has been updated with this information.</p> <p><strong>ACA News for Businesses<br /></strong><a href="http://www.irs.gov/Affordable-Care-Act/Employers">Affordable Care Act Tax Provisions for Employers</a><br /><a href="http://www.irs.gov/Affordable-Care-Act/Employers/Affordable-Care-Act-Tax-Provisions-for-Small-Employers">Affordable Care Act Tax Provisions for Small Employers</a><br /><a href="http://www.irs.gov/Affordable-Care-Act/Employers/Affordable-Care-Act-Tax-Provisions-for-Large-Employers">Affordable Care Act Tax Provisions for Large Employers</a></p> <p> <br /><strong>YOUR PRACTICE <br /></strong>The Internal Revenue Service has begun issuing Records of Completion to tax return preparers who have met the requirements of a new voluntary program designed to help taxpayers determine return preparer qualifications in 2015. Practitioners who want to participate in the new IRS <a href="http://www.irs.gov/Tax-Professionals/Annual-Filing-Season-Program">Annual Filing Season Program</a> (AFSP) for 2015 must <strong>complete the continuing education (CE) requirements by December 31, 2014. </strong></p> <p><strong><a href="http://www.irs.gov/Tax-Professionals/IRS-Letters-and-Visits-to-Return-Preparers">IRS Letters and Visits to Return Preparers</a>: </strong>The Internal Revenue Service sends many letters annually to federal tax return preparers. Beginning in November 2014, the agency began its fifth year of a hands-on effort to improve the accuracy and quality of tax returns and to heighten awareness of preparer responsibilities.</p> <p><strong>Publication 1345</strong> <strong>"<a href="http://links.govdelivery.com/track?type=click&enid=ZWFzPTEmbWFpbGluZ2lkPTIwMTQxMTE4LjM4MzM3NTIxJm1lc3NhZ2VpZD1NREItUFJELUJVTC0yMDE0MTExOC4zODMzNzUyMSZkYXRhYmFzZWlkPTEwMDEmc2VyaWFsPTE2OTMyMzQyJmVtYWlsaWQ9a2FyZW4uYS5icmVobWVyQGlycy5nb3YmdXNlcmlkPWthcmVuLmEuYnJlaG1lckBpcnMuZ292JmZsPSZleHRyYT1NdWx0aXZhcmlhdGVJZD0mJiY=&&&116&&&http://www.irs.gov/uac/Publication-1345-Handbook-for-Authorized-IRS-e-file-Providers-of-Individual-Income-Tax-Returns">Handbook for Authorized IRS e-file Providers of Individual Income Tax Returns</a>" </strong>has been updated in Web content to include:</p> <ul> <li>Electronic signature information for signing Forms      8878 and 8879</li> <li>The requirement to provide the device id from the      equipment used to prepare the electronic return</li> </ul> <p><strong>Publication 3112</strong> <strong>“<a href="http://www.irs.gov/uac/Publication-3112-Applying-and-Participating-in-IRS-e-file">IRS e-file Application and Participation</a>”</strong> has been updated to reflect changes made to include sanctions specific to Identity Theft.</p> <p>The Table of Contents will show (Updated 11/6/2014) next to all items changed.</p> <p>The PDF versions of both publications will be similarly updated as soon as possible.</p> <p> </p> <p><strong>EMPLOYERS <br /></strong><a href="http://www.irs.gov/pub/irs-drop/rr-14-32.pdf">Revenue Ruling 2014-32</a> updates previous guidance on the use of smartcards, debit or credit cards, or other electronic media to provide <strong>qualified transportation fringe benefits </strong>to employees. This revenue ruling also provides guidance on the use by employees of debit cards for paying mandatory shipping fees on transit passes. Finally, the revenue ruling provides that after December 31, 2015, employers may no longer provide qualified transit fringe benefits under a bona fide cash reimbursement arrangement in cases in which a terminal-restricted debit card is the only readily available transit pass in the employer’s geographic area.</p> <p> </p> <p><strong>RETIREMENT PLANS <br /></strong>Individual Retirement Accounts are an important way to save for retirement. If you have an IRA or may open one soon, there are some key year-end rules that you should know. Read the <strong><a href="http://www.irs.gov/uac/Top-Four-Year-End-IRA-Reminders">Top Four Year-End IRA Reminders</a></strong> in the IRS Special Edition Tax Tip 2014-24, December 9, 2014</p> <p> </p> <p><strong><em>IRS YouTube Videos:<br /></em></strong><em>Required Withdrawals from Your IRA:</em><em><a href="https://www.youtube.com/watch?v=Gd4a1NlNr2g">English</a> |<a href="https://www.youtube.com/watch?v=vAZwGVi8hSo">Spanish</a> | <a href="https://www.youtube.com/watch?v=QP9QGU4tvLw">ASL</a></em></p> <p>The annual <a href="http://www.irs.gov/Retirement-Plans/Cumulative-List-of-Changes-in-Retirement-Plan-Qualification-Requirements">Cumulative List of Changes in Retirement Plan Qualification Requirements</a> (Cumulative List) intends to identify, on a year-by-year basis, all changes in the qualification requirements resulting from changes in statutes, or from regulations or other guidance published in the Internal Revenue Bulletin, that are required to be taken into account in a written retirement plan document that is submitted for a determination letter or an opinion or advisory letter.</p> <p> <br /><strong>ISSUE MANAGEMENT RESOLUTION SYSTEM<br /></strong>See the <strong>December 2014 IMRS Hot Issues</strong> <a href="http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/IMRS-Hot-Issues">here</a>.</p> <p> </p> <p><strong>TAX CENTER OF THE MONTH:</strong><strong> <a href="http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Child-Care-Tax-Center">Child Care Tax Center</a></strong></p> <ul> <li><a href="http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Child-Care-Provider-Audit-Technique-Guide"><strong>Child Care Provider Audit Techniques Guide</strong></a></li> </ul> <p>This Audit Techniques Guide will provide information on tax related issues pertaining to the child care providers industry. It provides guidance on accounting for income and deductions. Intended audiences are taxpayers, tax professionals and IRS examiners.</p> <ul> <li><strong><a href="http://www.irsvideos.gov/ChildDayCareProviderTaxComplianceAssistance/">Child Day Care Provider Tax Compliance Assistance Video</a></strong></li> </ul> <p>Learn how to correctly report common tax items associated with owning a child or day care business by watching this 1 hour video. Topics include; Income items, Recordkeeping tips, Business use of the home calculation, Expense Issues, Depreciation rules and reporting Food Program Reimbursements.</p> <p><strong> </strong></p> <p><strong>TAX-EXEMPT ORGANIZATIONS<br /></strong><strong>Register for IRS webinar: Help for charities. </strong></p> <p><strong>Thursday, Dec. 18</strong> at 1 p.m. Central time, 2 p.m. Eastern time</p> <p>You’ll learn:</p> <ul> <li>Section 501(c)(3) Exempt Purposes</li> <li>Key activities including <ul> <li>Private benefit or inurement activities</li> <li>Lobbying or legislative activities</li> <li>Filing requirements</li> <li>Unrelated business income activities</li> </ul> </li> <li>Failing to operate with an exempt purpose</li> </ul> <p>Register for this event. <a href="http://www.visualwebcaster.com/IRS/101106/reg.asp?id=101106">http://www.visualwebcaster.com/IRS/101106/reg.asp?id=101106</a></p> <p>Where do I start? See <a href="http://www.irs.gov/Charities-&-Non-Profits/Applying-for-Tax-Exempt-Status">Applying for Tax Exempt Status.</a></p> <p>Find all of the most current <a href="http://www.irs.gov/Charities-&-Non-Profits">information for tax-exempt organizations</a>.</p> <p> </p> <p><strong>NEWS FROM OTHER AGENCIES<br /></strong><a href="http://www.socialsecurity.gov/myaccount/">my Social Security</a> is a free online account that allows people quick, secure access to their personal Social Security information. Individuals can use <a href="http://www.socialsecurity.gov/myaccount/">my Social Security</a> to access their Social Security Statement to check their earnings and get estimates of future retirement, disability, and survivor benefits you and your family may receive. If you already receive Social Security benefits, you also can get your benefit verification letter, change your address and phone number and start or change direct deposit information.</p> <p>Too many people try to start a small business without first developing a clear roadmap for the trip ahead, making success that much harder. Don’t be one of them! December is the National Write a Business Plan Month. See <a href="http://go.usa.gov/6Vde">six steps to writing a solid business plan.</a> Looking for more help? Check out this <a href="http://go.usa.gov/6Vvj">step-by-step tool</a>for writing a business plan.</p> <p> </p> <p><strong>IN EVERY ISSUE<br />See the latest<br /></strong>-       <a href="http://www.irs.gov/uac/IRS-Tax-Tips">Tax Tips </a> <br />-       <a href="http://www.irs.gov/uac/Newsroom/Health-Care-Tax-Tips2">Health Care Tax Tips</a><br />-       <a href="http://www.irs.gov/uac/Newsroom/Fact-Sheets-2014">Fact Sheets</a><br />-       <a href="http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/IRS-Stakeholder-Partners-Headliners">Headliners</a><br />-       <a href="http://www.irs.gov/uac/News-Releases-for-Current-Month">News releases</a><br />-       Announcements, Notices, Revenue Rulings, Revenue Procedures, Treasury Decisions, and Treasury Regulations are in the <a href="http://www.irs.gov/irb/index.html">Internal Revenue Bulletin (IRB</a>)<br />-       <a href="http://www.irs.gov/uac/Tax-Stats-2">Tax Statistics</a><br />-       Find the latest IRS news via <a href="http://www.irs.gov/uac/IRS-New-Media-1">Social Media</a> options.</p> <p><a href="http://www.irs.gov/Tax-Professionals/Subscribe-to-News-and-Updates-from-the-Office-of-Professional-Responsibility-OPR">Subscribe</a> to the Office of Professional Responsibility’s newsletter. </p> <p>Find the latest <a href="http://www.irs.gov/Tax-Professionals/Tax-Pro-News-and-Events">news and events for tax professionals</a></p> <p>The <a href="http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Issue-Management-Resolution-System-IMRS">Issue Management Resolution System</a> helps solve issues with policies, practices and procedures. Tax professionals should forward significant issues regarding IRS policies, practices and procedures to their Stakeholder Liaison.</p> <p><a href="http://www.irs.gov/Individuals/Outreach-Corner">Outreach Corner</a>. Find it easy to spread the word about key income tax topics! This page offers electronic communication materials to use in reaching out to the people you serve. Get free news you can use each month, targeted by time of year to coincide with what your customers, employees, volunteers, etc. need to know about new tax law legislation, IRS events and other activities that affect them.</p> <p><a href="http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Industries-Professions">Industries/Professions Tax Centers</a>. Tax Centers contain links to topics such as tax tips, financial resources, trends and statistics, forms, and more.</p> <p><a href="http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Audit-Techniques-Guides-ATGs">Audit Techniques Guides (ATGs)</a><br />Audit Techniques Guides (ATGs) help IRS examiners during audits by providing insight into issues and accounting methods unique to specific industries. While ATGs are designed to provide guidance for IRS employees, they’re also useful to small business owners and tax professionals who prepare returns.</p> Mon, 15 Dec 2014 12:00:00 EDT Events for Tax Professionals - IRS http://www.kscpa.org/about/news/700-events_for_tax_professionals-irs http://www.kscpa.org/about/news/700-events_for_tax_professionals-irs <p><strong>IRS and the Oklahoma Society of Enrolled Agents will offer 3 Free ACA Webinars:</strong></p> <p><strong>1-6-2015 – 45R Small Business Health Care Tax Credit <br /><a class="file docx" href="/writable/files/2014/News/1-6-2015_-_aca_webinar_-_45r_small_business_health_care_tax_credit.docx">Click here for more information</a></strong></p> <p><strong>1-13-2015 – 36B Premium Tax Credit<br /><a class="file docx" href="/writable/files/2014/News/1-13-2015_-_aca_webinar_-_36b_premium_tax_credit.docx">Click here for more information</a></strong></p> <p><strong>1-20-2015 – 5000A Individual Shared Responsibility Provision<br /><a class="file docx" href="/writable/files/2014/News/1-20-2015_-_aca_webinar_-_5000a_individual_shared_responsibility_provision.docx">Click here for more information</a></strong></p> <p> </p> Wed, 10 Dec 2014 12:00:00 EDT Congressman Johb B. T., Campbell, III - The Future of Federal Tax Legislation http://www.kscpa.org/about/news/699-congressman_johb_b_t_campbell_iii-the_future_of http://www.kscpa.org/about/news/699-congressman_johb_b_t_campbell_iii-the_future_of <p><iframe src="http://player.vimeo.com/video/113422246?title=0&byline=0&portrait=0" width="542" height="307" allowfullscreen="" frameborder="0" style="margin-right: auto; margin-left: auto; display: block;"></iframe></p> Fri, 05 Dec 2014 12:00:00 EDT Accounting Students Attend KSCPA Annual Meeting http://www.kscpa.org/about/news/697-accounting_students_attend_kscpa_annual_meeting http://www.kscpa.org/about/news/697-accounting_students_attend_kscpa_annual_meeting <p>The Kansas Society of CPAs held its Annual Meeting on November 19, 2014 at the Hyatt Regency in Wichita. Over 100 members and 45 students from colleges across Kansas attended the meeting. Additionally 31 members viewed the annual meeting via videocast.</p> <p><img class="justified_center" style="margin-right: auto; margin-left: auto; display: block;" src="/writable/images/News/2014NewsImages/_bg13950.jpg" alt="Students" width="446" height="313" />The meeting featured four speakers on a variety of leadership topics. Dr. Gerald Graham, Center for Management Development Wichita State University, spoke on the topic, <em>“Why Leaders Must Embrace Change & How to Get Others to Do the Same.” </em></p> <p>Al Anderson, CPA presented on “<em>The Future of the Audit and Why it Takes Leadership.”</em> Dr. Hubert Glover talked about his new book, <strong><em>Giraffes of Technology. </em></strong>Dr. Dan Deines, professor at Kansas State University, gave an update on the Pathways Commission and the status of Accounting AP. Dr. Deines has been instrumental in making Accounting AP a possibility in high schools around the country.</p> <p><img class="justified_right" style="float: right;" src="/writable/images/News/2014NewsImages/_bg24015.jpg" alt="Students" width="345" height="238" />After the first two speakers, Students and faculty were able to network with each other during a special luncheon session. Additionally, the meeting provided students with the opportunity to make connections with leaders in the profession.</p> <p> </p> <p> <iframe src="http://cdn.embedly.com/widgets/media.html?src=http%3A%2F%2Fwww.flickr.com%2Fapps%2Fslideshow%2Fshow.swf%3Fv%3D107931&fv=v%3D107931%26offsite%3Dtrue%26lang%3Den-us%26page_show_url%3D%252Fphotos%252F58224886%40N02%252Fsets%252F72157647366455784%252Fshow%252F%26page_show_back_url%3D%252Fphotos%252F58224886%40N02%252Fsets%252F72157647366455784%252F%26set_id%3D72157647366455784%26jump_to%3D&url=https%3A%2F%2Fwww.flickr.com%2Fphotos%2F58224886%40N02%2Fsets%2F72157647366455784%2F&image=https%3A%2F%2Ffarm8.staticflickr.com%2F7492%2F15990137951_862299b510_z.jpg&type=application%2Fx-shockwave-flash&schema=flickr" width="420" height="260" allowfullscreen="" frameborder="0" style="margin-right: auto; margin-left: auto; display: block;"></iframe></p> Fri, 05 Dec 2014 12:00:00 EDT The Future of the Audit - Alan Anderson, CPA http://www.kscpa.org/about/news/696-the_future_of_the_audit-alan_anderson_cpa http://www.kscpa.org/about/news/696-the_future_of_the_audit-alan_anderson_cpa <p><iframe src="http://player.vimeo.com/video/113343242?title=0&byline=0&portrait=0" width="420" height="260" allowfullscreen="" frameborder="0" style="margin-right: auto; margin-left: auto; display: block;"></iframe></p> Tue, 02 Dec 2014 12:00:00 EDT "20 up to 40" Participants Complete KSCPA Leadership Program http://www.kscpa.org/about/news/695-20_up_to_40_participants_complete_kscpa_leadership http://www.kscpa.org/about/news/695-20_up_to_40_participants_complete_kscpa_leadership <h3><strong>Twenty-One Young Professionals Complete</strong> <strong>KSCPA "20 up to 40" Leadership Program</strong></h3> <p><img class="justified_right" style="float: right;" src="/writable/images/MemberPhotos/_bg24164.jpg" alt="20u40" width="323" height="228" />Twenty-one certified public accountants from around the state of Kansas have graduated from the sixth annual <strong><em>“20 up to 40”</em></strong> Leadership Program offered by the Kansas Society of Certified Public Accountants. The graduation took place on November 19, 2014 at the Hyatt Regency in Wichita. The participants graduated after presenting their group project presentations before Annual Meeting attendees.</p> <p><img class="justified_left" style="float: left;" src="/writable/images/MemberPhotos/_bg24196.jpg" alt="20u40" width="376" height="242" />In addition to the activities held in conjunction with the Annual Meeting on November 19, 2014, the group met on November 18 to complete preparation for the presentation of their projects. They also enjoyed a tour of Spirit AeroSystems in Wichita.</p> <p>The <strong><em>“20 up to 40”</em></strong> program was created to help members of the KSCPA up to the age of 40 develop their leadership style by examining major leadership philosophies. It is designed to help motivate leaders to apply the skills they have learned to their professional and personal lives. Additionally, it provides young professionals with the opportunity to network, socialize, and learn from fellow colleagues and facilitators as well as bring vision, ideas and strategies to the KSCPA. These young professionals are on the road to becoming a new generation of leaders.</p> <p><img class="justified_right" style="float: right;" src="/writable/images/MemberPhotos/_bg24180.jpg" alt="20u40" width="539" height="365" />The 2014 program consisted of five sessions over the course of the entire year. It began in January with an emphasis on legislative awareness and understanding the Kansas Society of Certified Public Accountants. The participants visited the Board of Accountancy, State House, Department of Revenue, Senate and hosted a Legislative Reception<strong>.</strong> The group also met in May, June and September to participate in the KSCPA Leadership Summit and to receive leadership training from Dr. Gerald Graham of the Wichita State University Center for Management Development and Jim Boomer of Boomer Consulting, Inc. Each group session included work on group projects and social events. The 7<sup>th</sup> annual <strong><em>“20 up to 40”</em></strong> Leadership Program will begin in July 2015. Applications for the program will be available on the KSCPA website, <a>www.kscpa.org</a>, in 2015.</p> <p style="text-align: center;"><strong><em>“20 up to 40”</em></strong><strong> 2014 Graduates<br /></strong><strong>Jodi Bachelor, </strong>GE Employers Reassurance Corporation, Overland Park<br /><strong>Angela Beebe</strong>, Spirit AeroSystems, Inc., Wichita<br /><strong>Stephanie Bunten</strong>, Mize Houser & Company P.A., Topeka<br /><strong>Brenda Dehn</strong>, Flint Hills Resources, Wichita<br /><strong>Josh Dennis</strong>, Grant Thornton LLP, Wichita<br /><strong>Jessica Dwyer</strong>, Kennedy and Coe, LLC, Wichita<br /><strong>Stephanie Kirk</strong><em>,</em> JMW & Associates, LLC, Overland Park<br /><strong>Shana Kneib</strong>, CivicPlus, Manhattan<br /><strong>Patrick Lee</strong>, Southwestern College, Winfield<br /><strong>Kerry Lisman</strong><em>,</em> University of Kansas Medical Center, Kansas City<br /><strong>Chana Nord</strong>, Berberich Trahan & Co., P.A., Topeka<br /><strong>Jonathan Porter</strong>, Dunning & Associates CPAs LLC, Wichita<br /><strong>Angela Richard</strong>, Adams, Brown, Beran & Ball, Chtd., Hutchinson<br /><strong>Joe Ronnebaum</strong>, PricewaterhouseCoopers, LLP, Kansas City, MO<br /><strong>Jaymie Rothrock</strong>, Swindoll Janzen Hawk & Loyd, LLC, McPherson<br /><strong>Shekima Smith</strong>, Ernst & Young LLP, Wichita<br /><strong>Zachary Spear</strong>, Allen Gibbs & Houlik, L.C., Wichita<br /><strong>Amanda Walker</strong>, Bever Dye LC, Attorneys at Law, Wichita<br /><strong>Meagan Wellbrock</strong><em>,</em> Adams, Brown, Beran & Ball, Chtd., Hays<br /><strong>Ben Wilson</strong>, Adams, Brown, Beran & Ball, Chtd., McPherson<br /><strong>A.J. Worthington</strong><em>, </em>BKD, LLP, Wichita</p> <p class="BasicParagraph" align="center"><strong>The program relies on sponsors to supplement tuition paid.</strong><strong> </strong></p> <p class="BasicParagraph" align="center"><strong>2014<em> “20 up to 40”</em> Sponsors are:<br /></strong>Adams, Brown, Beran & Ball, Chtd.<br />Allen Gibbs & Houlik, L.C.<br />Bever Dye, LC, Attorneys at Law<br />BKD, LLP- Wichita and KCMO Offices<br />Boomer Consulting, Inc.<br />CBIZ<br />Grant Thornton LLP<br />Kennedy and Coe, LLC<br />Marsh & Company PA<br />Mize Houser & Company, P.A.<br />Prairie Band Potawatomi Entertainment Corp.</p> <p>The program continues into 2015 with the first session starting in July 2015.</p> <p>Congratulations to everyone who participated in the program.</p> <p>A special thank you to <strong>Lori Wenrich, CPA and Matt Bellomo, CPA</strong> for chairing the Young Professionals Committee that put together the program.</p> <p><iframe src="http://cdn.embedly.com/widgets/media.html?src=http%3A%2F%2Fwww.flickr.com%2Fapps%2Fslideshow%2Fshow.swf%3Fv%3D107931&fv=v%3D107931%26offsite%3Dtrue%26lang%3Den-us%26page_show_url%3D%252Fphotos%252F58224886%40N02%252Fsets%252F72157640091094194%252Fshow%252F%26page_show_back_url%3D%252Fphotos%252F58224886%40N02%252Fsets%252F72157640091094194%252F%26set_id%3D72157640091094194%26jump_to%3D&url=https%3A%2F%2Fwww.flickr.com%2Fphotos%2F58224886%40N02%2Fsets%2F72157640091094194%2F&image=https%3A%2F%2Ffarm6.staticflickr.com%2F5517%2F12107590035_3cfda309b2_z.jpg&type=application%2Fx-shockwave-flash&schema=flickr" width="378" height="265" allowfullscreen="" frameborder="0" style="margin-right: auto; margin-left: auto; display: block;"></iframe></p> Mon, 01 Dec 2014 12:00:00 EDT Kansas Society of CPAs Elects 2014 Life Members http://www.kscpa.org/about/news/694-kansas_society_of_cpas_elects_2014_life_members http://www.kscpa.org/about/news/694-kansas_society_of_cpas_elects_2014_life_members <p align="center"><strong><span style="color: #000000;">The Kansas Society of CPAs Elects 2014 Life Members</span></strong></p> <p><span style="color: #000000; font-family: Times New Roman;">This year, 24 members of the Kansas Society of CPAs were elected as Life Members. Life Members are individuals who are members for 40 years, or are retired and over 65, and who have contributed to the success and advancement of the Society and the profession.</span></p> <p><span style="color: #000000; font-family: Times New Roman;">The KSCPA 2014 Life Member recipients are as follows:</span><span style="color: #000000; font-family: Times New Roman;"> </span></p> <p><span style="color: #000000; font-family: Times New Roman;">William L. Beaton, Scott City<br /></span><span style="color: #000000; font-family: Times New Roman;">Terrance W. Brown, Overland Park<br /></span><span style="color: #000000; font-family: Times New Roman;">Judith H. Byrum-Sutton (Deceased), Prairie Village<br /></span><span style="color: #000000; font-family: Times New Roman;">Steve Clinkinbeard, Olathe<br /></span><span style="color: #000000; font-family: Times New Roman;">Jayson C. Cyr, Manhattan<br /></span><span style="color: #000000; font-family: Times New Roman;">Kay B. Denny, Topeka<br /></span><span style="color: #000000; font-family: Times New Roman;">Richard J. Hendrix, Coffeyville<br /></span><span style="color: #000000; font-family: Times New Roman;">Michael K. Herrman, Wichita<br /></span><span style="color: #000000; font-family: Times New Roman;">Thomas A. Hintz, Manhattan<br /></span><span style="color: #000000; font-family: Times New Roman;">Steven A. Houlik, Wichita<br /></span><span style="color: #000000; font-family: Times New Roman;">Jay D. Langley, Salina<br /></span><span style="color: #000000; font-family: Times New Roman;">Stephen B. LaPrad, Pratt<br /></span><span style="color: #000000; font-family: Times New Roman;">Derry A. Larson, Wichita<br /></span><span style="color: #000000; font-family: Times New Roman;">Michael D. McLain, Wichita<br /></span><span style="color: #000000; font-family: Times New Roman;">Christopher W. Merchant, Kechi<br /></span><span style="color: #000000; font-family: Times New Roman;">Lana M. Miller, Plains<br /></span><span style="color: #000000; font-family: Times New Roman;">Deborah Clements Paulsen, Onaga<br /></span><span style="color: #000000; font-family: Times New Roman;">Greg D. Peterson, Rogers, AR<br /></span><span style="color: #000000; font-family: Times New Roman;">Layne C. Shirk, Great Bend<br /></span><span style="color: #000000; font-family: Times New Roman;">Kurtis G. Siemers, Salina<br /></span><span style="color: #000000; font-family: Times New Roman;">Randy C. Staub, Wichita<br /></span><span style="color: #000000; font-family: Times New Roman;">Larry G. Stoppel, Dodge City<br /></span><span style="color: #000000; font-family: Times New Roman;">Michael H. Urbom, Mission<br /></span><span style="color: #000000; font-family: Times New Roman;">Arnold F. Wheeler, Tucson, AZ</span></p> <p><span style="color: #000000;"><span style="font-family: Times New Roman;"><span style="color: #000000; font-family: Times New Roman;"><span style="color: #000000; font-family: Times New Roman;"><img class="justified_right" style="width: 202px; height: 156px; float: right;" src="/writable/images/News/2014NewsImages/dsc_0487.jpg" alt="Greg Peterson" width="788" height="525" /></span></span></span></span></p> <p>Pictured is Greg Peterson. A dozen new life members attended the biennial "Chair's Club" dinner for past chairs and life members. New life members were honored and awarded a crystal star to commemorate their achievement. The attendees were entertained by the Wichita State University Jazz Band.</p> <p><span style="color: #000000;"><span style="font-family: Times New Roman;"><strong>About the KSCPA:</strong> The Kansas Society of Certified Public Accountants is a 2,700+ member, voluntary membership association dedicated to supporting and developing its members and promoting the accounting profession. </span></span><span style="color: #000000; font-family: Times New Roman;">KSCPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. Learn more by visiting, </span><a href="/"><span style="text-decoration: underline;"><span style="color: #0000ff; font-family: Times New Roman;">www.kscpa.org</span></span></a><span style="color: #000000; font-family: Times New Roman;">.  <br /> <br /> </span></p> Wed, 26 Nov 2014 12:00:00 EDT Kansas Society of CPAs Educational Foundation Elects 2014-15 Officers http://www.kscpa.org/about/news/693-kansas_society_of_cpas_educational_foundation http://www.kscpa.org/about/news/693-kansas_society_of_cpas_educational_foundation <p style="text-align: left;" align="center"><strong><span style="color: #000000;">KANSAS SOCIETY OF CPAs EDUCATIONAL FOUNDATION<br /></span></strong><strong><span style="color: #000000;">ELECTS 2014-15 OFFICERS & TRUSTEES</span></strong></p> <p><span style="color: #000000;"><strong>Topeka</strong> – The Kansas Society of CPAs held its Annual Meeting on November 19, 2014 at the Hyatt Regency in Wichita. Ken Selzer, Leawood, was elected 2014-15 Chair of the KSCPA Educational Foundation at the Annual Meeting. Mr. Selzer succeeds Dr. Norman Hope, Tabor College, Hillsboro, who served a two-year term as Chair.</span></p> <p><span style="color: #000000;"><span style="color: #000000;"><img class="justified_right" style="width: 227px; height: 169px; float: right;" src="/writable/images/News/2014NewsImages/ken_selzer.jpg" alt="Ken Selzer" width="519" height="355" /></span></span>Selzer was an Executive Managing Director for Aon Benfield and has extensive experience in the reinsurance and reinsurance brokerage industries. Mr. Selzer recently won the 2014 General for Insurance Commissioner for the State of Kansas.</p> <p>Cheryl Hayward, BT&Co, Topeka, was elected Vice Chair, and Dan Crumb, Kansas City Chiefs Football Club, Olathe, was elected Secretary/Treasurer, each for a one-year term.</p> <p><span style="color: #000000;">Elected trustee of the Educational Foundation is: Rebecca Casey, Pittsburg State University, Pittsburg.</span></p> <p><span style="color: #000000;">Continuing trustees are: Monty Allen, Kirkpatrick Sprecker & Company, LLP, Wichita; Johanna Lyle, Manhattan; Gary Schlappe, Lewis Hooper & Dick, LLC, Garden City; Michelle Schneider, Adams, Brown, Beran & Ball, Chtd., Great Bend and Gail Yarick, Pittsburg State University, Pittsburg. </span></p> <p><span style="color: #000000;">The Educational Foundation of the KSCPA is committed to educational excellence and is supported by the members of the KSCPA.  For the 2014-2015 school year, the Foundation awarded scholarships totaling more than $54,000. Scholarships are awarded to Kansas high school graduating seniors and undergraduate and graduate students pursuing a degree in accounting, to help them realize their professional goal of becoming a CPA. Additionally, the Educational Foundation provides more than $4,000 in faculty to grants to faculty members at colleges and universities across the state. To date, for more than 50 years, the KSCPA Educational Foundation has awarded more than $500,000 in scholarships and grants to deserving accounting students and faculty members.</span></p> <p><span style="color: #000000; font-size: small;"> </span></p> Tue, 25 Nov 2014 12:00:00 EDT Kansas Society of CPAs Elects 2014-15 Officers & Directors http://www.kscpa.org/about/news/692-kansas_society_of_cpas_elects_2014-15_officers http://www.kscpa.org/about/news/692-kansas_society_of_cpas_elects_2014-15_officers <h3 style="text-align: left;" align="center"><strong>KANSAS SOCIETY OF CPAs ELECTS <br />2014-15 BOARD OFFICERS & DIRECTORS</strong></h3> <p><span style="color: #000000;"><strong>Topeka</strong> – The Kansas Society of CPAs held its Annual Meeting on November 19, 2014 at the Hyatt Regency in Wichita. Michelle Schneider, CPA was elected Chair for 2014-2015.</span></p> <p><span style="color: #000000;"><img class="justified_left" style="width: 303px; height: 231px; float: left;" src="/writable/images/News/2014NewsImages/michelle_schneider.jpg" alt="Michelle Schneider" width="668" height="529" />Chair Schneider has been with Adams, Brown, Beran & Ball ,Chtd. since 1990. She began her tenure with the firm as a staff accountant and has moved through the ranks to her current position of Principal in the Great Bend office. Over the years, Chair Schneider has specialized in the agriculture and oil and gas industries. She is a dedicated member of the AICPA, KSCPA, and Central Kansas Chapter of CPAs. In addition to being a member of these organizations, she is serving her third year on the KSCPA Executive Committee, has served for five years as the Champion of the KSCPA Professional Development Committee, and held numerous leadership roles in the Central Kansas Chapter of CPAs.</span></p> <p><span style="color: #000000;">Other elected officers of the 2014-2015 Executive Committee are: Vice Chair, Matthew R. List, BKD, LLP, Wichita; James K. Boomer, CIO, Boomer Consulting for Secretary-Treasurer; and Melinda A. Hitz, Immediate Past Chair.</span></p> <p><span style="color: #000000;">Elected to three-year terms on the Society’s Board of Directors are: Matt C. Bellomo, MC Bellomo, P.A., Overland Park; Brandice L. DiGiorgio, MarksNelson, LLC, Shawnee; Michele A. Herzog, Herzog Financial Solutions, LLC, Overland Park;  Christine Johnston, Marsh & Company PA, Prairie Village; and Lori A. Wenrich, EY, Wichita. </span></p> <p><span style="color: #000000;">Continuing Directors are: Chad Allen, Cochran Head Vick & Co., PA, Merriam; Stephanie Bowen, Flint Hills Resources, Wichita; Mitch Fiser, Fiser Group, PA, Lenexa; Amber Goering, Amber K. Goering, CPA, P.A., Overland Park; Gregg C. Goodwin, Bever Dye LC, Attorneys at Law, Wichita; Kate Grant, Kirkpatrick Sprecker & Company, LLP, Wichita; Daniel F. Kjergaard, Mayer Hoffman McCann, P.C., Leawood; Jay Langley, Clubine & Rettele, Chtd., Salina; Christina Ricke, Kennedy and Coe, LLC, Wichita; and Damon Ward, Spirit AeroSystems, Inc., Wichita.</span></p> <p><span style="color: #000000;">The Kansas Society of Certified Public Accountants is a 2,700-member, voluntary membership association dedicated to implementing strategies that enhance the well-being of its members, the accounting profession and the general public. </span></p> Tue, 25 Nov 2014 12:00:00 EDT AICPA/KSCPA Announce 2014 "Women to Watch" Award Winners http://www.kscpa.org/about/news/691-aicpa_kscpa_announce_2014_women_to_watch_award http://www.kscpa.org/about/news/691-aicpa_kscpa_announce_2014_women_to_watch_award <h3>AMERICAN INSTITUTE OF CPAs and KANSAS SOCIETY OF CPAS ANNOUNCE 2014 <em><strong>"WOMEN TO WATCH"</strong></em> AWARD RECIPIENTS</h3> <p><span style="color: #000000;"><span style="font-family: Times New Roman;"><strong>Topeka</strong> – The American Institute of CPAs and Kansas Society of CPAs announced the 2014 <strong><em>“Women to Watch”</em></strong> award recipients during a luncheon November 19, 2014 at the Hyatt Regency in Wichita.</span></span></p> <p><span style="color: #000000; font-family: Times New Roman;">The Experienced Leader award winner is: <strong>Cindy McSwain</strong>, <strong>CPA</strong>, Vice President, Outsourcing <span style="color: #000000; font-family: Times New Roman;"><span style="color: #000000; font-family: Times New Roman;"><img class="justified_right" style="width: 112px; height: 178px; float: right;" src="/writable/images/News/2014NewsImages/cindy_mcswain.jpg" alt="Cindy McSwain" width="390" height="527" /></span></span>Services, <strong>Allen, Gibbs & Houlik, L.C., Wichita</strong>. Cindy is a graduate of <strong>Emporia State University</strong> and has spent her entire career in public accounting. Cindy is a strong role model who works primarily with closely-held businesses. She offers sound advice for those new to the profession. “Don’t do it alone. Surround yourself with people to encourage and support your success. Find a mentor (or two) and maintain strong relationships with co-workers, friends and family.” </span></p> <p><span style="color: #000000; font-family: Times New Roman;"><span style="color: #000000; font-family: Times New Roman;"><span style="color: #000000; font-family: Times New Roman;"><img class="justified_left" style="width: 173px; height: 178px; float: left;" src="/writable/images/News/2014NewsImages/laura_mossman.jpg" alt="Laura Mossman" width="649" height="543" /></span></span>The Emerging Leader award winner is: <strong>Laura Mossman</strong>, <strong>CPA, </strong><strong>CFP<sup><span style="font-size: small;">®</span></sup></strong>, Director, <strong>BKD, LLP, Wichita.</strong> Laura is a graduate of the <strong>University of Kansas</strong>. Laura leads the Wichita WealthPlan team where she assists closely-held businesses and individuals. She enjoys building relationships with individuals and families. “So many of our clients work their entire lives building a business and it’s our job to make sure that their families and other lifetime goals are met as well.”</span></p> <p><span style="color: #000000; font-family: Times New Roman;">The <strong><em>“Women to Watch”</em></strong> award is supported by the Women’s Initiatives Executive Committee (WIEC) of the American Institute of CPAs, an organization of more than 400,000. Kansas is one of 13 states to present annual awards. Cheryl Leitschuh, Ed.D., RCC, President, Leitschuh Leadership Consulting and former Chair of the WIEC updated attendees at the luncheon on women in the profession and the activities of WIEC. </span></p> <p><span style="color: #000000; font-family: Times New Roman;">The mission of the committee is to promote within the accounting profession an environment that provides opportunities for: 1) equal engagement of women and men in leadership of the accounting profession; 2) the advancement of women to positions of leadership; and 3) the successful integration of personal and professional lives. For more information about women in the profession, go to </span><a href="http://aicpa.org/pcps/wi"><span style="text-decoration: underline;"><span style="color: #0000ff; font-family: Times New Roman;">http://aicpa.org/pcps/wi</span></span></a><span style="color: #000000; font-family: Times New Roman;">. </span></p> <p><span style="color: #000000; font-family: Times New Roman;">Mary R. MacBain, CPA.CITP, CGMA, President/CEO of the KSCPA, was recently appointed to WIEC for a three-year term.</span></p> <p><span style="color: #000000; font-family: Times New Roman;">The Kansas Society of Certified Public Accountants is a 2,800+ member, voluntary association dedicated to supporting and developing its members and promoting the accounting profession. Learn more by visiting, <a href="http://www.kscpa.org">www.kscpa.org</a>.</span></p> <h4>Below is a special edition of the KSCPA newsletter highlighting the nominees and winners of the 2014 Women to Watch Awards:</h4> <p><strong><a class="file pdf" href="/writable/files/2014/2014_skyscapes_-_women_to_watch_edition.pdf">Click here to view a PDF version of this newsletter</a></strong></p> <p><iframe src="http://e.issuu.com/embed.html#1510982/10291063" width="420" height="260" allowfullscreen="" frameborder="0"></iframe></p> Mon, 24 Nov 2014 12:00:00 EDT IRS News for Tax Professionals - December 2014 http://www.kscpa.org/about/news/690-irs_news_for_tax_professionals-december_2014 http://www.kscpa.org/about/news/690-irs_news_for_tax_professionals-december_2014 <p><strong><img src="/writable/images/Logos/irslogo.jpg" alt="IRS" />UPCOMING TAX PRO EVENTS<br /></strong>•11-19-2014 –IMRS Free Webinar – The Central Area Stakeholder Liaison will host their Quarterly IMRS Webinar to hear any issues and/or concerns you may have with IRS Policies, Procedures and Practices.  See <a href="http://origin-qps.onstreammedia.com/origin/irsdocs/SL%20Area%20Folders/Central%20Area/Anita%20Douglas/112014NEWS46/11192014CENTRALAREAIMRS%20WEBINAR.docx">Flyer</a> Information and Registration </p> <p>*11-13-2014 to 11-14-2014 The PAAK is sponsoring the Gear Up 1040 Tax Seminar in Wichita, KS at the Marriott.  To register and attend visit <a href="https://www.paak.org/events">https://www.paak.org/events</a></p> <p>*12-4-2014 to 12-5-2014 – The PAAK is sponsoring the Gear Up 1040 Tax Seminar –in Topeka, KS at the Ramada Downtown.  To register and attend visit <a href="https://www.paak.org/events">https://www.paak.org/events</a></p> <p>*12-11-2014 to 12-12-2014 – The PAAK is sponsoring the Jennings 1040 Tax Seminar in Kansas City at Harrah’s.  This is a co-sponsorship with the Missouri Association.  To register and attend visit <a href="https://www.paak.org/events">https://www.paak.org/events</a></p> <p>As incidents of an <strong>aggressive telephone scam continue across the country</strong>, the Internal Revenue Service unveiled a new <a href="http://www.irs.gov/uac/Newsroom/Scam-Phone-Calls-Continue-IRS-Unveils-New-Video-to-Warn-Taxpayers">YouTube video</a> with a renewed warning to taxpayers not to be fooled by imposters posing as tax agency representatives. IRS YouTube Video: <a href="https://www.youtube.com/watch?v=0y5z0kWgBcM">Tax Scams</a>.</p> <p>More on this scam: The <strong>latest twist</strong> is that they tell victims to show up with payment at a specific IRS office. It is not the one closest to the victim’s home. It is often an inconvenient 50 miles away. After the victim acquires the pre-paid card, the scammer “generously” offers to let them off the hook for the lengthy drive. They “permit” the victim to settle the debt by giving the scammer the numbers off the back of the card, without having to make the trip to the IRS office. <strong>Please tell your clients about this scam!</strong></p> <p><strong>The PTIN renewal season has begun</strong>. The nation’s more than 690,000 federal tax return preparers must renew their Preparer Tax Identification Numbers (PTINs) for 2015. All current PTINs will expire Dec. 31, 2014. <a href="http://www.irs.gov/uac/Newsroom/2015-PTIN-Renewal-Period-Underway-for-Tax-Professionals">2015 PTIN Renewal Period Underway for Tax Professionals</a></p> <p>For tax year 2015, the Internal Revenue Service announced <strong>annual inflation adjustments</strong> for more than 40 tax provisions, including the tax rate schedules, and other tax changes. <strong>See <a href="http://www.irs.gov/uac/Newsroom/In-2015,-Various-Tax-Benefits-Increase-Due-to-Inflation-Adjustments">this page</a> for a handy list</strong> of tax items of greatest interest to most taxpayers. <a href="http://www.irs.gov/pub/irs-drop/rp-14-61.pdf">Revenue Procedure 2014-61</a> provides details about these annual adjustments.</p> <p><strong><a href="http://www.irs.gov/uac/Newsroom/IRS-Announces-2015-Pension-Plan-Limitations;-Taxpayers-May-Contribute-up-to-$18,000-to-their-401(k)-plans-in-2015">2015 Pension Plan Limitations; Taxpayers May Contribute up to $18,000 to their 401(k) plans in 2015</a></strong></p> <p>The Additional Medicare Tax was new in 2013. We have updated our website with additional</p> <p><strong><a href="http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Questions-and-Answers-for-the-Additional-Medicare-Tax">Questions and Answers for the Additional Medicare Tax</a>.</strong> There are Individual FAQs, and Employer and Payroll Service Provider FAQs, including Reporting Additional Medicare Tax and Correcting Errors.</p> <p>Each year, thieves steal the identities of nearly 2.5 million deceased Americans. See <strong><a href="http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Deceased-Taxpayers-Protecting-the-Deceaseds-Identity-from-ID-Theft">Deceased Taxpayers – Protecting the Deceased’s Identity from ID Theft</a></strong> for tips to reduce the risk of having a deceased person’s identity stolen.</p> <p> </p> <p><strong>AFFORDABLE CARE ACT<br /></strong>The IRS has several options for Spanish speakers to get information about the tax provisions of the Affordable Care Act. Two recently issued YouTube videos feature IRS Commissioner John Koskinen. See <a href="http://www.irs.gov/uac/Newsroom/IRS-Provides-Information-about-the-Affordable-Care-Act-in-Spanish">IRS Provides Information about the Affordable Care Act in Spanish</a>.</p> <p>The IRS website has information about the Affordable Care Act tax provisions in both <a href="http://www.irs.gov/uac/Affordable-Care-Act-Tax-Provisions-Home">English</a> and <a href="http://www.irs.gov/Spanish/Disposiciones-Tributarias-de-la-Ley-de-Cuidado-de-Salud-a-Bajo-Precio">Spanish</a> to inform and educate the public on how the health care law may affect them.</p> <p><a href="http://www.irs.gov/Tax-Professionals/ACA-Information-Center-for-Tax-Professionals">ACA Information Center for Tax Professionals</a></p> <p>See the latest <strong>Health Care Tax Tips</strong> <a href="http://www.irs.gov/uac/Newsroom/Health-Care-Tax-Tips2">here</a>.</p> <p><strong>ACA News for Individuals<br /></strong><strong><a href="http://origin-qps.onstreammedia.com/origin/irsdocs/SL%20Area%20Folders/Central%20Area/Anita%20Douglas/112014NEWS46/2015HEALTHMARKE%20PLACEPLANS.docx">ACA 2015 Health Insurance Market Plan Plans</a></strong></p> <p>If you enrolled in insurance coverage through the Health Insurance Marketplace, you are required to report changes to the Marketplace when they happen, like changes to your household income or family size, because they may affect your eligibility for the advance payments of the premium tax credits. See IRS Health Care Tax Tip 2014-22 <strong><a href="http://www.irs.gov/uac/Newsroom/Its-Not-Too-Late-to-Report-Changes-in-Circumstances-that-May-Affect-Your-Premium-Tax-Credit">It’s Not Too Late to Report Changes in Circumstances that May Affect Your Premium Tax Credit</a></strong>.</p> <p><strong>ACA News for Businesses<br /></strong>The Department of Health and Human Services and the Department of the Treasury have become aware that certain group health <strong>plans that do not provide coverage for in-patient hospitalization services are being promoted to employers</strong>. To learn more about this issue, see <a href="http://www.irs.gov/pub/irs-drop/n-14-69.pdf">Notice 2014-69</a>.</p> <p>If you are an employer, the number of employees in your business will affect what you need to know about the Affordable Care Act (ACA). See IRS Health Care Tax Tip 2014-21 <strong><a href="http://www.irs.gov/uac/Information-for-Employers-about-Their-Responsibilities-Under-the-Affordable-Care-Act">Information for Employers about Their Responsibilities Under the Affordable Care Act.</a></strong></p> <p> </p> <p><strong>YOUR PRACTICE <br /></strong>The <strong><a href="http://www.irs.gov/Tax-Professionals/Annual-Filing-Season-Program">Annual Filing Season Program</a></strong> aims to recognize the efforts of non-credentialed return preparers who aspire to a higher level of professionalism. Interested? Learn more. If you passed the Registered Tax Return Preparer test, be sure to check it out.</p> <p>To ensure that all Form 1040 tax returns e-filed through the Modernized e-File (MeF) system are processed timely, the following <strong>1040 MeF Production shutdown/cutover</strong> and acknowledgment retrieval schedule has been established. It is imperative that everyone adhere to the schedule. Shutdown begins on Saturday, November 22, 2014 at 11:59 a.m. in order to prepare the system for the upcoming 2015 Filing Season.</p> <p><strong>Business MeF Production Shutdown/Cutover Schedule</strong> is tentatively scheduled to begin on Friday, December 26, 2014 at 12:01 p.m. A QuickAlert outlining the exact timeframes to Send Submissions or retrieve federal/state Acknowledgements will be issued in early December and the times will be posted on the <a href="http://www.irs.gov/Tax-Professionals/e-File-Providers-&-Partners/Modernized-e-File-MeF-Status-Page">MeF Status Page</a>.</p> <p>If you <strong>own or operate a website that collects, transmits, stores or processes taxpayer information</strong>, IRS requires you to <a href="http://www.irs.gov/uac/Registration-of-Web-Sites-with-the-IRS">register the URL(s)</a> on your e-file application. If you have not previously registered, select the URL collection link on the e-file application information page menu to register. Online Providers must answer the self-certification questions annually beginning October 1 to ensure they comply with <a href="http://www.irs.gov/uac/Safeguarding-IRS-efile1">Publication 1345</a> IRS <em>e-file </em>security, privacy and business standards.</p> <p><strong> </strong></p> <p><strong>EMPLOYERS </strong> <br />The Fall Issue of the <a href="http://www.irs.gov/pub/irs-utl/ssa_irs_reporter_fall.pdf">SSA/IRS Reporter</a> is available. The SSA/IRS Reporter is a <a href="http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/SSA-IRS-Reporter">quarterly, online-only publication</a> for businesses, payroll professionals and others who deal with payroll taxes and employee issues.</p> <p>See SSA.gov for the <a href="http://www.socialsecurity.gov/news/press/factsheets/colafacts2015.html">2015 Social Security Changes</a>.</p> <p>Foreign agricultural workers temporarily admitted into the United States on H-2A visas are exempt from U.S. Social Security and Medicare taxes on compensation paid to them for services performed in connection with the H-2A visa. This is true whether they are resident aliens or nonresident aliens. See more information on IRS.gov in <a href="http://www.irs.gov/Individuals/International-Taxpayers/Foreign-Agricultural-Workers">English</a> or <a href="http://www.irs.gov/Spanish/Trabajadores-agr%C3%ADcolas-extranjeros-con-visas-H-2A">Spanish</a>. See Publication 5144 Federal Income Tax and FICA Withholding for Foreign Agricultural Workers with an H-2A Visa in <a href="http://www.irs.gov/pub/irs-pdf/p5144.pdf">English</a> or <a href="http://www.irs.gov/pub/irs-pdf/p5144sp.pdf">Spanish</a>.</p> <p> </p> <p><strong>RETIREMENT PLANS </strong> <br />The IRS issued guidance clarifying the impact a 2014 individual retirement arrangement (IRA) rollover has on the one-per-year limit imposed by the Internal Revenue Code on tax-free rollovers between IRAs. Click <a href="http://www.irs.gov/uac/Newsroom/IRS-Clarifies-Application-of-One-Per-Year-Limit-on-IRA-Rollovers-Allows-Owners-of-Multiple-IRAs-a-Fresh-Start-in-2015">here</a> for more information.</p> <p><strong> </strong></p> <p><strong>ISSUE MANAGEMENT RESOLUTION SYSTEM<br /></strong>See the <strong>November 2014 IMRS Hot Issues</strong> <a href="http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/IMRS-Hot-Issues">here</a>.</p> <p> </p> <p><strong>TAX CENTER OF THE MONTH:</strong><strong> <a href="http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Bartering-Tax-Center">Bartering Tax Center</a></strong></p> <ul> <li>Bartering is the trading of one product or service for another. Usually there is no exchange of cash. Barter may take place on an informal one-on-one basis between individuals and businesses, or it can take place on a third party basis through a modern barter exchange company.</li> <li><a href="http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Barter-Exchanges">Barter Exchanges</a><br />A barter exchange is any person or organization with members or clients that contract with each other (or with the barter exchange) to jointly trade or barter property or services. The term does not include arrangements that provide solely for the informal exchange of similar services on a noncommercial basis.</li> </ul> <p> </p> <p><strong>TAX-EXEMPT ORGANIZATIONs<br /></strong>Where do I start? See <a href="http://www.irs.gov/Charities-&-Non-Profits/Applying-for-Tax-Exempt-Status">Applying for Tax Exempt Status.</a></p> <p>Find all of the most current <a href="http://www.irs.gov/Charities-&-Non-Profits">information for tax-exempt organizations</a>.</p> <p><strong>NEWS FROM OTHER AGENCIES<br /></strong>Severe winter weather can be dangerous and even life-threatening for people who don't take the proper precautions. Preparedness begins with knowing your risks, making a communications plan with your family and having an emergency supply kit with essentials such as water, food, flashlights and medications. See Ready.gov <a href="http://www.ready.gov/kit">Basic Disaster Supplies Kit</a> and <a href="http://www.ready.gov/car">Car Safety</a>.</p> <p>Online enrollment in the <a href="https://www.healthcare.gov/small-businesses/employers/">SHOP Marketplace</a> begins on November 15th.</p> <p>Enrollment for Individuals begins on November 15<sup>th</sup>. Visit <a href="https://www.healthcare.gov/">Healthcare.gov</a></p> <p>Sign up for Health Insurance under the ACA - then what? This <a href="https://www.youtube.com/watch?v=_iVuAPlFjIM&list=PLaV7m2-zFKph5fHVZgUphIcBKbtS24tKW&index=2.">video series</a> from the <a href="http://cms.hhs.gov/">Centers for Medicare & Medicaid Services (CMS)</a> will help you make the most of your coverage.</p> <p>The <a href="http://mn.gov/deed/business/help/sbdc/index.jsp">Minnesota Small Business Development Center Network</a> offers  no-cost, customized technical assistance and support to businesses at any point in their life cycle, from start-up to growth or stabilization. Business owners access services through a network of nine regional centers located on college and university campuses throughout the state.</p> <p><strong>IN EVERY ISSUE<br />-  </strong><a href="http://www.irs.gov/uac/IRS-Tax-Tips">Tax Tips </a> <br />-  <a href="http://www.irs.gov/uac/Newsroom/Health-Care-Tax-Tips2">Health Care Tax Tips</a><br />-  <a href="http://www.irs.gov/uac/Newsroom/Fact-Sheets-2014">Fact Sheets</a><br />-  <a href="http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/IRS-Stakeholder-Partners-Headliners">Headliners</a><br />-  <a href="http://www.irs.gov/uac/News-Releases-for-Current-Month">News releases</a><br />-  Announcements, Notices, Revenue Rulings, Revenue Procedures, Treasury Decisions, and Treasury Regulations are in the <a href="http://www.irs.gov/irb/index.html">Internal Revenue Bulletin (IRB</a>)<br />-  <a href="http://www.irs.gov/uac/Tax-Stats-2">Tax Statistics</a><br />-  Find the latest IRS news via <a href="http://www.irs.gov/uac/IRS-New-Media-1">Social Media</a> options.<br />-  <a href="http://www.irs.gov/Tax-Professionals/Subscribe-to-News-and-Updates-from-the-Office-of-Professional-Responsibility-OPR">Subscribe</a> to the Office of Professional Responsibility’s newsletter.<br />-  Find the latest <a href="http://www.irs.gov/Tax-Professionals/Tax-Pro-News-and-Events">news and events for tax professionals</a><br />-  The <a href="http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Issue-Management-Resolution-System-IMRS">Issue Management Resolution System</a> helps solve issues with policies, practices <br />   and procedures. Tax professionals should forward significant issues regarding IRS <br />   policies, practices and procedures to their Stakeholder Liaison.<br />-  <a href="http://www.irs.gov/Individuals/Outreach-Corner">Outreach Corner</a>. Find it easy to spread the word about key income tax topics! This <br />   page offers electronic communication materials to use in reaching out to the people you <br />   serve. Get free news you can use each month, targeted by time of year to coincide with <br />   what your customers, employees, volunteers, etc. need to know about new tax law <br />   legislation, IRS events and other activities that affect them.<br />-  <a href="http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Industries-Professions">Industries/Professions Tax Centers</a>. Tax Centers contain links to topics such as tax tips, <br />   financial resources, trends and statistics, forms, and more.<br />-  <a href="http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Audit-Techniques-Guides-ATGs">Audit Techniques Guides (ATGs)</a> Audit Techniques Guides (ATGs) help IRS examiners <br />   during audits by providing insight into issues and accounting methods unique to specific <br />   industries. While ATGs are designed to provide guidance for IRS employees, they’re <br />   also useful to small business owners and tax professionals who prepare returns.</p> <p><em> </em></p> Mon, 17 Nov 2014 12:00:00 EDT AICPA/KSCPA Women to Watch Awards Special Edition http://www.kscpa.org/about/news/689-aicpa_kscpa_women_to_watch_awards_special_edition http://www.kscpa.org/about/news/689-aicpa_kscpa_women_to_watch_awards_special_edition <h3>AICPA/KSCPA Women to Watch Awards Special Edition</h3> <p>The KSCPA publishes a special edition of their newsletter to honor the women nominated for the <strong>AICPA/KSCPA Women to Watch Awards</strong>. In its fifth year, the KSCPA is pleased to collaborate with the AICPA on this important initiative. The nominees serve as role models and mentors to others, which is vital to sustaining women in our profession.</p> <p><a class="file pdf" href="/writable/files/2014/News/2014_skyscapes_-_women_to_watch_edition.pdf">Click Here to View the Women to Watch Special Edition</a></p> <p> </p> Thu, 06 Nov 2014 12:00:00 EDT 2014 General Election Report - Bright and Carpenter Consulting, Inc. http://www.kscpa.org/about/news/688-2014_general_election_report-bright_and_carpenter http://www.kscpa.org/about/news/688-2014_general_election_report-bright_and_carpenter <p><span style="font-size: medium;">Many are calling it a "Clean Sweep." All of the Republican incumbents held onto their seats in the statewide office races, and five House seats were picked up by Republicans. </span></p> <p><strong><span style="text-decoration: underline;">Congressional races</span><br /></strong>U.S. Senator Pat Roberts held onto his seat, defeating independent challenger Greg Orman in a vote of 52% to 44%, a far bigger margin than any recent public poll had suggested. Outside groups spent $17 million in advertising on this campaign, mainly negative ads. This will be Sen. Roberts’ fourth term as U.S. Senator. In addition, the Republicans took control of the U.S. Senate last night, which likely will make Sen. Roberts Chairman of the Senate Agriculture Committee.</p> <p>In addition, each member of the Kansas congressional delegation won reelection.<br />*  U.S. House of Representatives District 1: Rep. Tim Huelskamp defeated Democrat James Sherow, 68% to 33%.<br />*  U.S. House of Representatives District 2: Rep. Lynn Jenkins beat Democrat Margie Wakefield, 57% to 39%. Libertarian Christopher Clemmons received 4% of the vote.<br />*  U.S. House of Representatives District 3: Rep. Kevin Yoder defeated Democrat Kelly Kultala, 60% to 40%.<br />*  U.S. House of Representatives District 4: Rep. Mike Pompeo defeated Democrat Perry Schuckman on a vote of 67% to 33%.</p> <p><span style="text-decoration: underline;"><strong>Statewide races</strong></span><br />Governor Sam Brownback won a second term last night in a vote of 50% to 46% against Democrat Paul Davis. The Governor carried Johnson County and many of the rural areas in Kansas. Libertarian Keen Umbehr had 4% of the vote. Throughout the summer and fall, the Governor trailed Davis in the polls, but within the past few weeks the race tightened and became a toss-up.</p> <p><strong><a class="file pdf" href="/writable/files/2014/News/2014_general_election_report.pdf">Click here to read the complete report</a></strong></p> Wed, 05 Nov 2014 12:00:00 EDT Announcing the Launch of the 2nd Annual Accounting Firm Operations and Technology Survey http://www.kscpa.org/about/news/687-announcing_the_launch_of_the_2nd_annual_accounting http://www.kscpa.org/about/news/687-announcing_the_launch_of_the_2nd_annual_accounting <h2><strong>Announcing the Launch of the 2nd Annual Accounting Firm Operations and Technology Survey</strong></h2> <h4><strong><em>NEW ADDITION INCLUDES THREE AWARDS GIVEN TO ACCOUNTING SOFTWARE APPLICATION VENDORS BASED ON SURVEY RESULTS AND WEBINAR WITH FREE CPE CREDIT THROUGH CPAACADEMY.ORG</em></strong></h4> <p>Randy Johnston, CEO, Network Management Group, Inc., and Leslie Garrett, PhD, CEO of Insight Research Group, with guidance from an advisory board comprised of industry thought-leaders, announces the launch of the 2nd Annual Accounting Firm Operations and Technology survey. The survey is designed for accounting professionals working in public practices. The survey will remain open through December 19th, 2014.</p> <p>Participants who complete the survey will receive a free copy of results from the survey an eBook, a $495 value, delivered to respondents February 2015.</p> <p>“The feedback we received from our 1st Annual eBook was exceptionally positive. The way in which the survey results were presented in the eBook has allowed practitioners to easily apply knowledge they gained through the survey results to operational and technology decisions being made in their practice,” said Johnston. “We believe the 2nd Annual survey and resulting eBook is widely anticipated and will reveal interesting year-over-year statistics,” said Garrett.</p> <p><strong>***NEW***THREE AWARDS<br /></strong>“We are excited to announce three awards will be given to software application vendors. We believe practitioners working in public practices know which accounting practice software applications most greatly impact their firm in profound ways,” continued Johnston. The awards will be given based on how respondents answer three new questions added to the end of the survey. Respondents will be asked to identify accounting firm application software that has the greatest impact on their firm in each of the following separate categories:</p> <ul> <li>Productivity</li> <li>Profitability</li> <li>Risk Mitigation</li> </ul> <p><strong>***NEW***FREE WEBINAR WITH 1.5 CPE CREDITS – November 11, 2014 4pm ET<br /></strong>Johnston and Garrett have partnered with CPAacademy.org to deliver a webinar featuring select results from the 1st Annual survey and discussion surrounding survey questions and categories that will be most interesting to watch in the 2nd Annual survey results. Webinar participants will take the survey during this course and receive 1.5 CPE credits for participating in the webinar. Webinar participants who complete the survey during the webinar will receive results published in the 2nd Annual eBook, a $495 value.</p> <p><strong>Webinar:</strong> KEY FINDINGS IN THE ACCOUNTING FIRM OPERATIONS AND TECHNOLOGY SURVEY<br /><strong>Date:</strong> November 11, 2014<br /><strong>Time:</strong> 4pm ET<br /><strong>CPE Credits:</strong> 1.5<br /><strong>Register for the webinar here:</strong> <a href="http://www.cpaacademy.org/webinars/a0DC000000iGfCZMA0">http://www.cpaacademy.org/webinars/a0DC000000iGfCZMA0</a></p> <p><strong>ABOUT THE SURVEY AND ACCESS TO THE SURVEY<br /></strong>The survey will take 20- 30-minutes to complete. Survey participants will be asked Multiple Choice questions in these areas:</p> <ul> <li>Demographics</li> <li>Practice Management</li> <li>Technology Management</li> <li>Operating Systems</li> <li>Computer Hardware</li> <li>Application Software</li> <li>File and Data Storage/Management</li> <li>Remote Access/Internet/Telecommunications</li> <li>Technology Spending, Decision-making, Annoyances and Trends</li> </ul> <p>The survey can be accessed immediately here:<br /><a href="https://www.surveymonkey.com/s/AccountingFirmOperationsTechnology">https://www.surveymonkey.com/s/AccountingFirmOperationsTechnology</a></p> <p><strong>2nd ANNUAL ACCOUNTING FIRM OPERATIONS AND TECHNOLOGY SURVEY ADVISORY BOARD MEMBERS</strong></p> <p>Darren Root, CPA.CITP, CEO<br />RootWorks</p> <p>Rick Richardson, CPA.CITP, CGMA, CEO<br />Richardson Media & Technologies, LLC</p> <p>Doug Sleeter, CEO<br />The Sleeter Group</p> <p>Joe Woodard, President & CEO<br />Woodard Consulting Group</p> <p><strong>2ND ANNUAL ACCOUNTING FIRM OPERATIONS AND TECHNOLOGY E BOOK CONTRIBUTORS OF THOUGHT-LEADERSHIP ARTICLES</strong></p> <p>Bob Scott, Editor-in-Chief<br />The Progressive Accountant</p> <p>Dan Hood, Editor-in-Chief<br />Accounting Today</p> <p>Gail Perry, Editor-in-Chief<br />CPA Practice Advisor</p> <p>Jim Boomer, CIO, Senior Consultant, Shareholder<br />Boomer Consulting</p> <p>Richard Koreto, Managing Editor<br />AccountingWEB </p> <p>Rick Telberg, CEO<br />CPA Trendlines</p> Wed, 05 Nov 2014 12:00:00 EDT KSCPA Leaders Attend AICPA Leadership Conference & Fall Council http://www.kscpa.org/about/news/686-kscpa_leaders_attend_aicpa_leadership_conference http://www.kscpa.org/about/news/686-kscpa_leaders_attend_aicpa_leadership_conference <p><strong><span style="color: #000000;">CPA/SEA Leadership Conference – October 17-19, 2014</span></strong></p> <p><span style="color: #000000;"><strong>Michelle Schneider, incoming chair of the KSCPA, Mary MacBain, and Danielle </strong><strong>Bulson </strong>attended the <strong>CPA/SEA Leadership Conference</strong> prior to the <strong>AICPA 2014 Fall Council</strong> meeting. This annual event is attended by the CEOs and Deputy CEOs of the state associations and their incoming chairs. The CPA/SEA and AICPA leadership, including <strong>Barry Melancon, President/CEO of the AICPA</strong>, led discussions on professional issues, the incoming chairs <img class="justified_right" style="width: 295px; height: 201px; float: right;" src="/writable/images/News/2014NewsImages/stephanie_peters_cpasea_president.jpg" alt="Stephanie Peters" width="777" height="526" />collaborated on issues at state associations, and this meeting serves to orient the incoming chairs to volunteer leadership.</span></p> <p>Stephanie Peters - President CPA/SEA & CEO Virginia Society of CPAs</p> <p><span style="color: #000000;">Barry Melancon’s remarks included the role of the AICPA and state associations in the profession. These include advocacy, quality, CPA brand, CPA credential, and election update. Barry delved into the advocacy issues which continues to be the backbone of the professional associations. Barry encouraged each participant to be innovative, to take risks, to be proactive, and to never take the fact that the CPA brand is at an all-time high for granted. The world is changing rapidly, and we must always be alert to maintain the brand recognition of the CPA. The demand for CPAs continues to be strong and CPA responsibilities are broadening. Reversing a trend of the past 20 years, the number of male graduates exceeded females for the past few years. Because the profession is experiencing the highest turnover rates ever in our profession and a flat outcome as to people taking the exam, the human capital issue is a top agenda item. How do we find CPAs and how do we keep them? Organizations need to examine their cultures and revamp them to meet the expectations of those entering the profession.</span></p> <p><span style="color: #000000;">In addition to Barry Melancon’s scintillating presentation, futurist <strong>Jared Weiner</strong> spoke on <em>“The 10 Growth Areas of the Emerging Economy,”</em> and <strong>J. Clarke Price</strong>, CAE presented <em>“Association Leadership – Understanding the Trends and Staying Strategic in Your Role.”</em> Clarke is the former CEO of the Ohio Society of CPAs and well respected in the community. </span></p> <p><span style="color: #000000;">Jared challenged the participants to view our profession as though we are aliens from another planet so that we might see things differently. We can gain value from exposing ourselves to the viewpoints of younger individuals.</span></p> <p><span style="color: #000000;">Clarke provided sound advice to both the incoming chairs and the CEOs. <strong>Incoming chairs:</strong> Be prepared and don’t just show up. Great volunteers just don’t read the agenda; rather, they think about the organization, talk to members, and think strategically. At the same time, don’t micromanage – perform policy and approval and trust the staff to implement. The chair is the number one cheerleader for the organization. <strong>For the CEOs:</strong> Be open to new ideas and don’t overthink. Challenge the board, committees and staff to move into new areas, and trust your staff! <strong>For everyone:</strong> Now is the time to innovate. </span></p> <p><span style="color: #000000;">Following the presentations, regional breakout sessions with CEOs/Deputy CEOs and incoming chairs were held, and Mary MacBain moderated the regional breakout session including Kansas. Two main discussion topics were the following: For the CEOs – what radical idea did you implement during the past year? For the incoming chairs – what made you become involved in the state association to the point of becoming incoming chair? Several innovative ideas emerged including young professional programs, gathering women together to create a women’s conference, and complete rewrite of the bylaws. Most compelling, though, are how and why the incoming chairs are leaders in the professional association. These reasons resonated throughout the rest of the Council meeting as several of the speakers remarked “this is a great profession.” From the mouths of the incoming chairs came the following: First, someone asked him or her to join or the organization they worked for automatically signed him or her up for membership. Second, s/he found it as a way to network with like-minded individuals who share the same core values and have similar issues. Third, s/he found it as a way to “give back.” Because CPAs are held in such high regard throughout society, CPAs always find a “seat at the table,” whether it is within their organization, the community, or within their family.</span></p> <p><span style="color: #000000;">The incoming chairs met the next day followed by Council orientation while the CPA/SEA held their membership meetings.</span></p> <p><span style="color: #000000;"><strong><em>CPA/SEA</em></strong><em> (State Executives Association) was formed more than 40 years ago as a way to support the needs of CPA associations' top executives. Through its four strategic and operational values of leadership, integrity, collaboration and exploration, CPA/SEA enables its members to choose informed courses of action on professional issues affecting CPAs. </em><strong>Mary MacBain</strong> was honored at the CPA/SEA annual meeting for her service on the board of directors. Mary currently serves on the CPA/SEA Mid-Winter Conference Steering Committee.</span></p> <p><strong><span style="color: #000000; font-size: medium;">AICPA 2014 Fall Meeting of Council – October 19-21, 2014</span></strong></p> <p><span style="color: #000000; font-size: medium;"><img class="justified_left" style="width: 503px; height: 311px; margin-right: auto; margin-left: auto; display: block;" src="/writable/images/News/2014NewsImages/kscpa_leaders_alongside_aicpa_leaders_1.jpg" alt="AICPA/KSCPA Leaders 1" width="788" height="526" />Attending the 2014 AICPA Fall Council meeting were <strong>Melinda Hitz</strong>, current chair of the KSCPA, <strong>Michelle </strong><strong>Schneider</strong>, incoming chair, <strong>DeAnn Hill,</strong> AICPA board member, <strong>Dr.</strong> <strong>Dan Deines</strong>, Professor at K-State University, <strong>M. Aron Dunn</strong>, immediate past chair, <strong>Dominic </strong><strong>Ortiz</strong>, at large member of the AICPA </span><span style="color: #000000; font-size: medium;">Council, <strong>Gary Allerheiligen</strong>, elected member of the AICPA Council, <strong>Bob Schuster</strong>, incoming elected member of the AICPA council, <strong>Gary Boomer</strong>, at large member of the AICPA Council, <strong>Mary MacBain</strong>, President/CEO of the KSCPA, <strong>Danielle Bulson</strong>, Deputy to the CEO, and <strong>Michelle MacBain</strong>, KSCPA staff.</span></p> <p><img class="justified_center" style="width: 503px; height: 295px; margin-right: auto; margin-left: auto; display: block;" src="/writable/images/News/2014NewsImages/kscpa_leaders_alongside_aicpa_leaders_2.jpg" alt="AICPA/KSCPA Leaders 2" width="791" height="475" /></p> <p><span style="color: #000000; font-size: medium;">Following an update from Warren Allen, President of the International Federation of Accountants, who emphasized the importance of continuing to recruit and retain the best and the brightest, was the first of two Gold Medal Award presentations. Frank Ross, co</span><span style="color: #000000; font-size: medium;">-founder of the National Association of Black Accountants and a member of the board of directors of Cohen & Steers Mutual Funds, was honored for his service and dedication to creating and supporting diversity within the accounting profession. “I see us having the opportunity to make this a truly diverse profession; one that looks like the world we live in,” stated Frank Ross. </span></p> <p><span style="color: #000000; font-size: medium;">Arleen Thomas, Senior Vice President, Michael Decker, Vice President, and Rick Niswander, Charman of the Board of Examiners discussed the <em>“Evolution of the Uniform CPA Examination.”</em> The AICPA released a report and invitation to comment about improvements to the exam. A KSCPA task force of young professionals recently met to respond to the invitation to comment. </span></p> <p><span style="color: #000000; font-size: medium;">Concluding the first day was a presentation on <em>“Big Data”</em> by Thomas Davenport, President’s Distinguished Professor of Information Technology & Management at Babson College. </span></p> <p><span style="color: #000000; font-size: medium;">The following day began with the second Gold Medal Award Presentation to Robert Harris, past chair of the AICPA and principal of the CPA firm, Rehmann. Harris emphasized the importance of volunteering and serving fellow CPAs. </span></p> <p><span style="color: #000000; font-size: medium;">Barry Melancon’s <em>“Professional Issues Update”</em> mirrored the CPA/SEA presentation, focusing on the impact of succession. “Hyper turn-over will have a dramatic impact on the future of our profession,” Melancon stated. </span></p> <p><span style="color: #000000; font-size: medium;">Other morning sessions included an <em>“Update from the National Association of State Boards of Accountancy” </em>by Carlos Johnson, Chairman, and <em>“Implementing the Future of Learning”</em> by Anthony Pugliese, Senior Vice President and COO and Clar Rosso, Vice President at the AICPA. </span></p> <p><span style="font-size: medium;"><span style="color: #000000;">The highlight of the afternoon session was a presentation on <em>“Disruptive Business Opportunities”</em> by Luke Williams, Professor of Innovation, NYU Stern School of Business and Executive Director, Berkley Enterprise Center at NYU. Both Barry Melancon and Chairman Bill Balhoff called for innovation and risk taking by leaders in the profession to ensure the quality of the CPA brand. Williams message: In order to be innovative, you must break the standard pattern; identify the clichés in your profession and turn them on their heads. “Be a provocateur!” Williams exclaimed. He presented examples of disruptive thinking with Redbull energy drinks and Zipcar. <a href="http://www.journalofaccountancy.com/News/201411159.htm" target="_blank">Click here </a>for a link to an article in the <strong><em>Journal of Accountancy</em></strong> on this session.</span></span></p> <p><span style="color: #000000; font-size: medium;">Concluding the second day were Breakout Sessions on Diversity and Inclusion, Evolving the CPE Compliance Model, and Raising the Profession’s Quality Factor. </span></p> <p><span style="color: #000000;"><span style="font-size: medium;"><strong>Melinda Hitz</strong> attended the <em>Diversity and Inclusion Breakout Session</em>.</span></span></p> <p><span style="color: #000000; font-size: medium;">“This is a fairly new area that the AICPA is exploring to include the many different aspects in the accounting profession such as men/women, racial colors and millennial/baby boomers,” Hitz states. “To service such a variety of people in the profession is the task at hand for this group. Dan Deines was in attendance and was able to update the group on the Advanced Placement project with his group at Kansas State University, and he fielded numerous questions.”</span></p> <p><span style="color: #000000;"><span style="font-size: medium;"><strong>M. Aron Dunn</strong> attended the <em>Raising the Profession’s</em> <em>Quality Factor Breakout Session.</em></span></span></p> <p><span style="color: #000000; font-size: medium;">“During this breakout session, the group discussed the EAQ (Enhancing Audit Quality) initiative and discussion paper, including responses to date,” states Dunn. “The emphasis of the discussions revolved around competency based continuing education, improvements to the peer review system including competency assessments of peer reviewers and enhanced client acceptance procedures to ensure applicable competencies and other possible improvements that the AICPA will consider to enhance audit quality and the profession.”</span></p> <p><span style="color: #000000; font-size: medium;">Note: The Accounting & Assurance Services Task Force, led by Aron, recently responded to the EAQ discussion paper. <a href="http://community.aicpa.org/enhancing_audit_quality_initiative/m/mediagallery/599.aspx" target="_blank">Click here </a>for more information on this important initiative and to review the comments submitted (see Forums). </span></p> <p><span style="color: #000000;"><span style="font-size: medium;"><strong>Michelle Schneider</strong> attended the <em>Evolving the CPE Compliance Model Breakout Session</em>.</span></span></p> <p><span style="color: #000000; font-size: medium;">“Professional Development will definitely be changing in the future! The AICPA is exploring the possibility of moving away from an hours-based approach for CPE to a competency-based approach,” states Schneider. “This new approach may allow for other types of learning for CPE credit, including on the job training, mentoring and experiential learning.” </span></p> <p><span style="color: #000000; font-size: medium;">The final day comprised of Timothy Christen reporting on the breakout sessions, a Report from the Audit Committee, Thomas Foard, Chairman, and a Report on Finance and Operations by Thomas Hilton, Chairman of the Finance Committee and Anthony Pugliese, Senior Vice President and COO. </span></p> <p><span style="color: #000000; font-size: medium;">An important highlight of the morning was the <strong>AICPA approval of a not-for-profit section</strong> to support members working within, or supporting clients within, the not-for-profit industry. The resolution allows for professionals who have management or governance responsibilities to join the section as a <em>Non-CPA Associate member</em>. </span></p> <p><span style="color: #000000; font-size: medium;">In conclusion, the KSCPA representation was the largest of any AICPA Council meeting. This demonstrates our rising level of influence and commitment to the profession. For more information about the 2014 AICPA Fall Council meeting, please <a href="http://www.aicpa.org/publications/newsletters/aicpanewsupdate/pages/20141021-aicpa-news-update-special-issue-fall-council-2014-highlights.aspx" target="_blank">click here</a>. </span></p> <p><iframe src="http://cdn.embedly.com/widgets/media.html?src=http%3A%2F%2Fwww.flickr.com%2Fapps%2Fslideshow%2Fshow.swf%3Fv%3D107931&fv=v%3D107931%26offsite%3Dtrue%26lang%3Den-us%26page_show_url%3D%252Fphotos%252F58224886%40N02%252Fsets%252F72157649062674215%252Fshow%252F%26page_show_back_url%3D%252Fphotos%252F58224886%40N02%252Fsets%252F72157649062674215%252F%26set_id%3D72157649062674215%26jump_to%3D&url=https%3A%2F%2Fwww.flickr.com%2Fphotos%2F58224886%40N02%2Fsets%2F72157649062674215%2F&image=https%3A%2F%2Ffarm8.staticflickr.com%2F7491%2F15054314763_731b47430c_z.jpg&type=application%2Fx-shockwave-flash&schema=flickr" width="800" height="450" allowfullscreen="" frameborder="0" style="width: 525px; height: 488px; margin-right: auto; margin-left: auto; display: block;"></iframe></p> Thu, 30 Oct 2014 12:00:00 EDT AICPA Launches Global Management Accounting Principles http://www.kscpa.org/about/news/685-aicpa_launches_global_management_accounting http://www.kscpa.org/about/news/685-aicpa_launches_global_management_accounting <p align="LEFT"><strong><span style="font-size: medium;">From the AICPA</span></strong></p> <p align="LEFT"><strong><span style="font-size: medium;">Arleen R. Thomas, CPA, CGMA<br />Senior Vice President, Management Accounting and Global Markets</span></strong></p> <p align="LEFT"><span style="font-size: medium;">As I mentioned during my session at last week’s Fall Meeting of Council, we’ve just launched the Global Management Accounting Principles. On behalf of the CGMA designation, I’m delighted to share with you a copy of the Principles. </span></p> <p>Global research conducted by the AICPA and CIMA shows that organizations are struggling to make sense of the volume and velocity of information and keep up with the relentless pace of change. Impulse is taking over insight as they navigate these complexities, leading to erratic decision-making focused on the short-term. Management accounting can help, but the practice has varied widely around the world.</p> <p>We created these Principles with the Chartered Institute of Management Accountants to establish global consistency of the management accounting function. CEOs, CFOs, academics, regulators, government bodies and other professionals in 20 countries on five continents contributed to their development, giving the Principles relevance in organizations large and small, public and private across the globe. It is my firm belief that businesses and governments will be better with the Principles in place and investors and the public can have more confidence in the actions they take.</p> <p>I encourage you to read the Principles and share them with your colleagues, staff and members. Please do not hesitate to contact me if you would like to discuss these Principles in more detail.</p> <p><strong><a class="file pdf" href="/writable/files/2014/global_management_accounting_principles.pdf">Click here to view the Principles</a></strong></p> Thu, 30 Oct 2014 12:00:00 EDT Melanie Tuttle, CPA Attends AICPA Leadership Academy http://www.kscpa.org/about/news/682-melanie_tuttle_cpa_attends_aicpa_leadership http://www.kscpa.org/about/news/682-melanie_tuttle_cpa_attends_aicpa_leadership <p>The American Institute of CPAs (AICPA) held the 2014 Leadership Academy September 28 – Oct. 2 at the Washington Duke Inn – Durham, NC. The group of rising stars in the accounting profession was the 6<sup>th </sup>annual Leadership class of participants.</p> <p>During the intensive five-day program, participants learned strategic planning techniques and developed personal success skills for handling complex management challenges. Leadership Academy participants, all under age 36, discussed pressing issues facing CPAs and the accounting profession with some of the profession’s most influential leaders, including AICPA Chairman  <a href="http://www.aicpa.org/About/Leadership/Pages/WilliamBalhoff.aspx">Bill Balhoff</a>, CPA, CGMA, and <a href="http://www.aicpa.org/About/Leadership/Pages/Melancon_Bio.aspx">Barry Melancon</a>, CPA, CGMA, the Institute’s Pesident and CEO.</p> <p>The AICPA selected the attendees of the Leadership Academy from more than 100 candidates recommended by their employers, state CPA societies, or both. Candidates submitted resumes which included work history, licensure information, professional volunteer activities, community service, and awards and honors.</p> <p>The KSCPA holds a unique position at the Leadership Academy, having 6 graduates of the <em><strong>"20 up to 40"</strong> </em>program accepted to the program.</p> <p>These include: Trisha Cavanaugh, Jim Boomer, Dominic Ortiz, Chad Allen, Amber Goering, and Melanie Tuttle.</p> <p> </p> Wed, 15 Oct 2014 12:00:00 EDT KSCPA Announces 2014 AICPA/KSCPA Women to Watch Nominees http://www.kscpa.org/about/news/681-kscpa_announces_2014_aicpa_kscpa_women_to_watch http://www.kscpa.org/about/news/681-kscpa_announces_2014_aicpa_kscpa_women_to_watch <p>The Kansas Society of CPAs is pleased to announce the nominees for the <strong>Fifth Annual AICPA/KSCPA Women to Watch Awards</strong>. This prestigious award was initiated by the American Institute of CPAs Women's Initiatives Executive Committee and is a collaboration of the AICPA and several of the state associations, including Kansas.</p> <p>Please visit Members/Women to Watch to view previous winners of the award, view the special Skyscapes edition featuring our women leaders, and read the presentations by the AICPA leaders who visited Kansas to present the awards.</p> <p>The nominees for 2014 continue to demonstrate the unique talents that women CPAs bring to the profession. Although only one winner will be selected in each category, the KSCPA believes each of the nominees serve as role models to encourage other women to seek leadership roles because without women leaders, the CPA professional cannot maintain its status as the "Most Trusted Advisor."</p> <p>We invite members to celebrate the achievements of these talented women at the November 19 Women to Watch Awards Luncheon at the Hyatt Regency Wichita. Please register on <a>www.kscpa.org</a> for this free event and join us for the Annual Meeting and Leadership Development Programs.</p> <p>Women make up 60.9% of all accountants and auditors. Consistent with this nationwide trend in the CPA profession, more than half of the Kansas Society of CPAs members are female. Who are these women and how are they impacting the profession and their communities?  The KSCPA and the American Institute of CPAs are jointly honoring the state’s female CPA leaders, both experienced and emerging, with the prestigious <strong><em>“Women to Watch”</em></strong> awards.</p> <p><strong>Dr. Cheryl Leitschuh, Ed. D, Past Chair of the AICPA Women's Initiatives <br />Executive Committee, will present the awards and update the group on the AICPA <br />Women's Initiatives Executive Committee. </strong></p> <p>Awards are given in two categories, Experienced Leaders & Emerging Leaders. An experienced leader is defined as a KSCPA / AICPA member who is in a higher level or leadership position within her organization, such as partner, owner, member, executive, elected official or appointee, etc.  An emerging leader is defined as a KSCPA / AICPA member who is not yet in her highest level of advancement; however, she makes contributions to the profession and her community.</p> <p>The 2014 nominees for the awards are as follows:</p> <h3><strong>Experienced Leaders</strong>:</h3> <p><img class="justified_left" style="width: 154px; height: 173px; float: left;" src="/writable/images/MemberPhotos/1_hitz_melinda_hitz.jpg" alt="melinda hitz" width="184" height="216" /><strong>Melinda Hitz,  City of Garden City, Garden City</strong><br />Melinda is the Finance Director for the City of Garden City, Kansas, a full-service city in Southwest Kansas. She has been in this position for 23 years, serving the citizens of the community with sound financial management skills evidenced by the City’s credit rating and receiving the Certificate of Achievement for Excellence  in Financial Reporting from the Government Finance Officers Association since 1994. Melinda is also responsible for the preparation of the City’s annual budget and presents various topics to the City Commission for consideration. Melinda serves on AICPA committees and was recently awarded the AICPA Outstanding CPA in Government Impact Award-Local Level. </p> <p><img class="justified_center" style="width: 146px; height: 197px; float: right;" src="/writable/images/MemberPhotos/latimer.jpg" alt="sharon latimer" width="181" height="231" /></p> <p><strong>Sharon Latimer, RubinBrown, LLP., Overland Park</strong><br />Sharon is a Partner in RubinBrown's Assurance Services Group and the leader of RubinBrown's Kansas City Not-for-Profit practice. She brings more than 25 years of experience in public accounting, including working with a big four firm and a local firm in Kansas City. She is a member of the AICPA and the Missouri State Peer Review Oversight Board. She is also a board member of Susan G. Komen Greater Kansas City, Kansas City Society of Association Executives and a recipient of <em><strong>KC Business Magazine's</strong> </em>2014 Influential Women.</p> <p><strong>Cindy McSwain, Allen, Gibbs & Houlik, L.C., Wichita</strong><img class="justified_left" style="width: 156px; height: 190px; float: left;" src="/writable/images/MemberPhotos/headshot.jpg" alt="McSwain" width="191" height="237" /><br />Cindy has been in public accounting her entire career. She currently leads the outsourcing services group at Allen, Gibbs & Houlik, L.C. providing payroll, accounting, controller, and other financial outsourcing services to numerous clients throughout the central United States. Prior to directing the outsourcing group, Cindy served AGH’s audit clients for 10 years, working with a wide range of middle-market, closely held and family-owned clients. Cindy enjoys building relationships with her clients and staff and is always looking for a better way to do things. Cindy is a change agent for her clients, AGH and for the numerous community organizations she serves.</p> <p><strong>Cathy Mitchell, Allen, Gibbs, & Houlik, L.C., Wichita</strong><img class="justified_right" style="width: 153px; height: 199px; float: right;" src="/writable/images/MemberPhotos/ctm.jpg" alt="mitchell" width="172" height="206" /><br />Cathy Mitchell has enjoyed a diverse career in public accounting over the last 27 years from KPMG to a sole practioner to Allen, Gibbs & Houlik, L.C. where she is a senior manager in the corporate finance department.  She has worked there the last five years and enjoys the collaboration and challenges involved with valuing businesses for many purposes.  Cathy believes being a CPA provides vast and endless opportunities through providing invaluable services to our clients, personal growth/learning, speaking publicly, mentoring, and serving your community and profession.</p> <p><strong>Pam Peppard, CBIZ MHM, LLC., Wichita</strong><img class="justified_left" style="width: 151px; height: 201px; float: left;" src="/writable/images/MemberPhotos/headshot_copy1.jpg" alt="pamela peppard" width="165" height="219" /><br />Pam has been a CPA in public accounting for 32 years and is a director in the Wichita office of CBIZ MHM, LLC.  Pam practices mainly in the individual, estate and trust areas of taxation and estate and financial planning.  She specializes in assisting people with their financial goals and challenges.  Pam speaks at different events and enjoys sharing her knowledge with civic groups.  She has a passion for mentoring young professionals in the office.  She hopes to inspire in others a positive way of dealing with the various problems that are a part of everyday life and to achieve personal success.</p> <p><strong>Michelle Schneider, Adams, Brown, Beran, & Ball, Chtd., Great Bend</strong><img class="justified_right" style="width: 158px; height: 202px; float: right;" src="/writable/images/MemberPhotos/m._schneider_prof._photo.jpg" alt="Michelle Schneider" width="178" height="226" /><br />Michelle has been with Adams, Brown, Beran & Ball, Chtd. since 1990.  She began her tenure with the firm as a staff accountant and has moved through the ranks to her current position of Principal in the Grant Bend office.  Over the years, Michelle has specialized in the agriculture and oil and gas industries.  She is a member of the AICPA, KSCPA, and Central Kansas Chapter of CPAs.  In addition to being a member of these organizations, she has served a three-year term on the KSCPA Board of Directors, has served as the champion of the KSCPA Professional Development Committee for five years,  and is currently the Vice Chair of the KSCPA.  In addition to being active in the KSCPA, she has also held leadership roles in the Central Kansas Chapter of CPAs. </p> <h3><strong>Emerging Leaders</strong>:</h3> <p><strong>Noelle Caldwell, Harvey & Caldwell, PA., Overland Park</strong><img class="justified_left" style="width: 153px; height: 201px; float: left;" src="/writable/images/MemberPhotos/ncaldwellheadshot.jpg" alt="Noelle Caldwell" width="191" height="227" /><br />Noelle is a managing partner at Harvey & Caldwell, PA.  For over 11 years she has been helping small business owners and individuals grow their business through tax planning and management consulting, and she’s helped her firm grow in size.  She is a past-president of the KSCPA Metro Chapter and graduate of the <em><strong>"20 up to 40"</strong></em> KSCPA Leadership Program.  She is the president of her business networking group.  She is a current member of the <em><strong>P3 Leadership Academy</strong> </em>provided by Boomer Consulting, Inc.  She is the treasurer for the non-profit group InterUrban ArtHouse.</p> <p><strong>Tara Laughlin, Allen, Gibbs, & Houlik, Wichita<br /></strong><img class="justified_right" style="width: 144px; height: 193px; float: right;" src="/writable/images/MemberPhotos/tjl_picture.jpg" alt="Tara Laughlin" width="201" height="245" />Tara is manager in Allen, Gibbs & Houlik, L.C. Assurance services. She has been with AGH over five years and her primary focus is working on governmental financial and OMB A-133 audits. Tara enjoys that in her current role she can influence and mentor new staff members in the auditing profession. She has both a Masters and Bachelors in Accounting from Wichita State University and is a member of the AICPA, KSCPA and GFOA. She is a recent alumni of the KSCPA’s “20 up to 40” Leadership Program and is a United Way Young Leader.</p> <p><img class="justified_left" style="width: 145px; height: 200px; float: left;" src="/writable/images/MemberPhotos/professional_photo.jpg" alt="Laura Mossman" width="180" height="244" /><strong>Laura Mossman, BKD, LLP, Wichita</strong><br />Laura is a Director at BKD, LLP and leads the Wichita WealthPlan team where she assists closely-held businesses and individuals with their tax planning, succession planning as well as trust, estate and gift tax issues.  Laura currently serves on the Estate Planning Council and the University of Kansas School of Business Accounting & Information Systems Advisory Council and is treasurer for KidzCope.   </p> <p> </p> <p><strong>Trina Swart, McFarren, Magnifico & Swart CPAs, PA., Wichita</strong><img class="justified_right" style="width: 142px; height: 176px; float: right;" src="/writable/images/MemberPhotos/trina_swart.jpg" alt="Trina Swart" width="184" height="258" /><br />Trina is a shareholder of McFarren, Magnifico & Swart CPAs, PA located in Wichita, Kansas. She has over eight years of public accounting experience including audit, consulting, and tax advisory services for both businesses and individuals. The best part about coming to work every day is the interaction she has with clients, helping create value and building their businesses. She also serves on the board of several business and non-profit organizations in the community.</p> <p><strong>Melanie Tuttle, Tuttle & McCullough, Lenexa</strong><img class="justified_left" style="width: 162px; height: 210px; float: left;" src="/writable/images/MemberPhotos/headshot_copy2.jpg" alt="Melanie Tuttle" width="186" height="257" /><br />Melanie, is the President and Managing partner of Tuttle & McCullough, CPAs, PA. She has worked in public accounting for 15+ years. Her firm specializes in small business accounting and tax, as well as government and not-for profit audit, and peer reviews. She continues to strive to provide value added services to her clients as an auditor and peer reviewer, while continuing to uphold the highest level of ethical standards and integrity in not only her responsibility to the client but as well to the public. She truly believes in the profession and the importance to be held to a higher standard as a CPA.</p> <p>Melanie balances out her work life by spending any free time with her family and friends.  She and her husband are kept very busy with their 2 daughters, who are very active in soccer, softball, basketball, and piano, just to name a few activities.When they have a free weekend, they are in Manhattan, KS watching the Kansas State Wildcats play! She is also active in running and fitness, and has embarked on a new adventure as a Coach for the Girls on the Run program for 3<sup>rd</sup> – 5<sup>th</sup> graders at her daughter’s elementary school.   </p> <p> </p> <p>The Kansas Society of Certified Public Accountants is a 2,800+ member, voluntary association dedicated to supporting and developing its members and promoting the accounting profession. Learn more by visiting, <a href="http://www.kscpa.org">www.kscpa.org</a></p> Wed, 15 Oct 2014 12:00:00 EDT KSCPA 2014 "20 up to 40" Session 4 Held in Overland Park on September 25-26 http://www.kscpa.org/about/news/680-kscpa_2014_20_up_to_40_session_4_held_in_overland http://www.kscpa.org/about/news/680-kscpa_2014_20_up_to_40_session_4_held_in_overland <h3><em><strong>"20 up to 40"</strong> </em>Session 4 Held on September 25-26, 2014 <br />in Overland Park</h3> <p>The 6th <em><strong>"20 up to 40"</strong> </em>program held it's fourth session at the Prairie Fire Museum on September 25-26. Jim Boomer, KSCPA secretary nominee and CIO of Boomer Consulting, led the one and half day leadership training session. The group met to complete their group projects, and a networking dinner was held at the Cinetopia at the new Prairie Fire entertainment district in Overland Park.</p> <p>The final session, the Graduation, will be held in conjunction with the KSCPA annual meeting on November 18 and 19th in Wichita. The group will meet to finalize their group project presentations at the annual meeting. They will enjoy a tour of a manufacturing facility in Wichita followed by a graduation dinner at Chester's. KSCPA board and trustees will attend the dinner so that the participants can complete the program by networking with leaders of the KSCPA.</p> <p>The participants will present their group projects at the Annual Meeting, receive graduation certificates, and, as a final experience, attend the KSCPA board meeting.</p> <p>We look forward to participants from the program achieving leadership positions in the KSCPA in the coming years and contributing to the continued success of the CPA profession in Kansas.</p> <p><iframe src="http://cdn.embedly.com/widgets/media.html?src=http%3A%2F%2Fwww.flickr.com%2Fapps%2Fslideshow%2Fshow.swf%3Fv%3D107931&fv=v%3D107931%26offsite%3Dtrue%26lang%3Den-us%26page_show_url%3D%252Fphotos%252F58224886%40N02%252Fsets%252F72157640091094194%252Fshow%252F%26page_show_back_url%3D%252Fphotos%252F58224886%40N02%252Fsets%252F72157640091094194%252F%26set_id%3D72157640091094194%26jump_to%3D&url=https%3A%2F%2Fwww.flickr.com%2Fphotos%2F58224886%40N02%2Fsets%2F72157640091094194%2F&image=https%3A%2F%2Ffarm6.staticflickr.com%2F5517%2F12107590035_3cfda309b2_z.jpg&type=application%2Fx-shockwave-flash&schema=flickr" width="420" height="260" allowfullscreen="" frameborder="0"></iframe></p> Tue, 14 Oct 2014 12:00:00 EDT New Revenue Recognition Standard: Build Your Implementation Plan Now http://www.kscpa.org/about/news/679-new_revenue_recognition_standard_build_your http://www.kscpa.org/about/news/679-new_revenue_recognition_standard_build_your <h2><strong>New Revenue Recognition Standard: Build Your Implementation Plan Now</strong></h2> <p><strong>By Kim Kushmerick</strong></p> <p>The Financial Accounting Standards Board’s new revenue recognition standard presents the most significant accounting change many veteran CPAs have seen. The standard touches every entity (public and private, including not-for-profit entities) that reports under U.S. GAAP and will require CPAs to reexamine the underlying economics of large numbers of established business practices. The new standard applies to most transactions and contracts with customers except for leases, insurance contracts, most financial instruments and guarantees (other than product or service warranties).</p> <p>At first glance, the implementation period for Accounting Standards Update (ASU) No. 2014-09, <em>Revenue from Contracts with Customers, </em>might seem adequate if not generous. Public companies, for whom early adoption is not permitted, are required to adopt the standard in 2017 (for reporting periods beginning after December 15, 2016). Private companies get an additional year—starting with 2018 for their annual reports—and two more years, beginning in 2019—to start applying the standard to interim reports. Private companies may choose to adopt the standard on the public company schedule.</p> <p>After further study, however, many organizations may find the implementation period to be extremely aggressive and the task daunting. There are many components to be analyzed and many questions to be answered:</p> <ul> <li>How will the standard affect operational and performance metrics?</li> <li>What IT changes will be needed?</li> <li>How will you retrospectively adopt the standard?</li> </ul> <p>If a public company chooses full retrospective adoption, revenue and the direct effects of change in accounting principle to all contracts must be restated for 2015 and 2016 to show comparative financial statements with a cumulative adjustment as of January 1, 2015.</p> <p>You are encouraged to advise clients and employers to begin developing an implementation plan as soon as possible.</p> <p>The AICPA has organized a major effort including industry work groups, training, and organizational tools to assist CPAs with this monumental implementation.</p> <p>You can use the following key tasks based on the AICPA’s <a href="http://www.aicpa.org/InterestAreas/FRC/AccountingFinancialReporting/RevenueRecognition/DownloadableDocuments/2014-09_LIPlan.pdf"><span style="text-decoration: underline;">New Revenue Recognition Accounting Standard—Learning and Implementation Plan</span></a> as a high-level road map to begin organizing your organization’s implementation.</p> <p><strong>Task 1: Form a task force (2014-2015)</strong></p> <p>Don’t wait to get all of the major players involved. The standard replaces most transaction- and industry-specific guidance with a principle-based approach, making it difficult—if not impossible—for CPAs to estimate the implementation effort required in a specific organization without first conducting a detailed assessment to use in developing a work plan. In all but the very smallest private companies, this assessment will require substantial collaboration with most major business functions including sales and marketing, IT, legal and human resources.</p> <p><strong>Task 2: Evaluate the impact (2014-2016)</strong></p> <p>Evaluate the changes from current GAAP to the new revenue recognition standard and evaluate the impact on how your company accounts for existing revenue streams and the results to your company’s financial statements. In addition, evaluate how the standard will affect operational and performance metrics, company contracts, compensation plans, accounting policies, internal controls and tax matters. Work with your auditor to ensure that your approach to implementing the new revenue recognition standard and any changes in accounting for revenue recognition are documented completely and accurately.</p> <p><strong>Task 3: Choose how to retrospectively adopt (2014)</strong></p> <p>The standard should be applied using one of the following two methods:</p> <ol> <li>Retrospectively to each prior reporting period presented and the entity may elect any of the following practical expedients:<ol> <li>For completed contracts, an entity need not restate contracts that begin and end within the same annual reporting period.</li> <li>For completed contracts that have variable consideration, an entity may use the transaction price at the date the contract was completed rather than estimating variable consideration amounts in the comparative reporting periods.</li> <li>For reporting periods presented before the date of initial application, an entity need not disclose the amount of the transaction price allocated to remaining performance obligations and an explanation of when the entity expects to recognize that amount as revenue.</li> <li>Retrospectively with the cumulative effect of initially applying the standard recognized at the date of initial application. If an entity elects this transition method, it also should provide the additional disclosures in reporting periods that include the date of initial application of the following items:<ol> <li>The amount by which each financial statement line item is affected in the current reporting period by the application of the standard as compared to the guidance that was in effect before the change.</li> <li>An explanation of the reasons for significant change.</li> </ol></li> </ol></li> </ol> <p> </p> <p>In September, <a href="http://www.complianceweek.com/blogs/accounting-auditing-update/sec-offers-early-relief-on-revenue-recognition-implementation"><span style="text-decoration: underline;">the Securities and Exchange Commission determined</span></a> that companies electing full retrospective adoption will only be required to apply the new standard for three years rather than the expected five years.  </p> <h2>Task 4: Determine IT changes needed (2014)</h2> <p>Based on the determinations made in Tasks 2 and 3, the new standard may require modifications to IT systems to capture the appropriate level of information related to data used to make estimates on revenue recognition and new disclosures. Determine whether any changes will need to be made to IT systems or software applications to capture information needed for the new revenue recognition standard, including the following retrospective adoption and the additional qualitative and quantitative disclosures required.</p> <p><strong>Task 5: Determine interim disclosures needed for public companies (2014-2016)</strong></p> <p>Public companies should consider the guidance in SEC Staff Accounting Bulletin (SAB) No. 74 (Topic 11:M), <a href="http://www.sec.gov/interps/account/sabcodet11.htm#M"><span style="text-decoration: underline;">Disclosure of the Impact that Recently Issued Accounting Standards Will Have on the Financial Statements of the Registrant When Adopted in a Future Period</span></a>, to determine the appropriate interim disclosures to be made prior to the adoption of the new standard.</p> <p><strong>Task 6: Develop project plan (2014–2016)</strong></p> <p>Develop an evolving project plan for implementation of the revenue recognition standard considering all of the tasks above and facilitate training for your staff.</p> <p><strong>Task 7: Educate key stakeholders (2015-2016)</strong></p> <p>Based on the determinations made in Tasks 2 and 3, the new revenue recognition standard may result in changes in timing of revenue recognized as well as new qualitative and quantitative disclosures that will need to be explained to stakeholders. Educate key stakeholders such as your audit committee, board of directors, investors and lenders on the new revenue recognition standard and what changes they should expect in your company’s financial statements.</p> <p>                       </p> Tue, 14 Oct 2014 12:00:00 EDT KS Secretary of State Seeks Board Member for Information Network of Kansas http://www.kscpa.org/about/news/678-ks_secretary_of_state_seeks_board_member_for http://www.kscpa.org/about/news/678-ks_secretary_of_state_seeks_board_member_for <p><img class="justified_right" style="float: right;" src="/writable/images/Logos/ks_secretary_of_state_seal.png" alt="Secretary of State" />Secretary of State Kris Kobach serves as a board member to the Information Network of Kansas (INK). The INK Board is a quasi-governmental agency created by statute (<span style="text-decoration: underline;"><a href="http://www.kslegislature.org/li/b2013_14/statute/074_000_0000_chapter/074_093_0000_article/074_093_0001_section/074_093_0001_k/">K.S.A. 74-9301</a></span>),  charged with providing electronic access to government information. This ten member board is made up of both public and private members. Three of the positions are to be held by members of “user associations of a statewide character appointed by the governor”. One of those positions has become vacant and the Secretary of State believes a CPA would be a great candidate to fill the vacancy.</p> <p>The statute requires the board to submit a list of three potential member for the Governor to use to select the replacement. It you are interested, please submit your name to <a href="mailto:Mary@kscpa.org">Mary@kscpa.org</a> and the KSCPA will forward your information onto the Secretary of State's office.</p> Fri, 10 Oct 2014 12:00:00 EDT SSARS 21 approved for reviews, compilations, and engagements to prepare financial statements http://www.kscpa.org/about/news/677-ssars_21_approved_for_reviews_compilations_and http://www.kscpa.org/about/news/677-ssars_21_approved_for_reviews_compilations_and <p><strong>FROM M. ARON DUNN, CPA, KSCPA Immediate Past Chair and Member of the AICPA Accounting and Review Services Committee (ARSC):</strong><br /><br />It has been an honor to participate as a member of the Accounting and Review Services Committee this year and I look forward to continuing our work this coming year.  The experience has been incredibly rewarding.  Working with other extremely intelligent and dedicated practitioners has led me to a better appreciation for what is involved and the commitment from other professionals in the standard setting process.  Gathering three times a year for two and a half days of meetings, debate, consensus building, etc. has been quite an experience.  Being involved in the process whether that is being an active AICPA committee member or commenting on outstanding draft proposals is part of being engaged in the profession.  I encourage other KSCPA members to become engaged in the profession either at the state or national level.  There are plenty of opportunities at all levels.  Your experience will be just as rewarding and well worth your time. - <strong>Immediate Past Chair of the KSCPA, Aron Dunn, CPA, CCIFP, Vice President, Assurance Services, Allen, Gibbs & Houlik, L.C.</strong></p> <h2><strong>Clarified, revised SSARS approved for reviews, compilations, and engagements to prepare financial statements </strong></h2> <p><strong>By Ken Tysiac </strong></p> <h6 dir="LTR" align="LEFT">This article originally appeared in the <strong><em>Journal of Accountancy</em></strong>. ©2014 American Institute of CPAs. All rights reserved.</h6> <p>The AICPA Accounting and Review Services Committee (ARSC) voted during its meeting this month to approve clarified and revised standards for reviews, compilations, and engagements to prepare financial statements.</p> <p>The clarified and revised standards for compilations and engagements to prepare financial statements create a bright line between accounting (preparation) services and reporting (compilation) services. The clarified and revised standards are scheduled to be issued as Statement on Standards for Accounting and Review Services (SSARS) No. 21 in the fourth quarter of 2014 and are effective for engagements on financial statements for periods ending on or after Dec. 15, 2015. Early implementation will be permitted.</p> <p>SSARS No. 21 will supersede all existing AR sections except for AR Section 120, <em>Compilation of Pro Forma Financial Information</em>, which is expected to be exposed for public comment in clarified format in 2015 along with a proposed standard on assembly/compilation of prospective financial information. Requirements and guidance with respect to assembly/compilation of prospective financial information is currently codified in the AT section of Professional Standards.</p> <p>SSARS No. 21 will result in the following AR-C sections:</p> <ul> <li>AR-C Section 60, <em>General      Principles for Engagements Performed in Accordance With Statements on      Standards for Accounting and Review Services</em>.</li> <li>AR-C Section 70, <em>Preparation      of Financial Statements</em>.     </li> <li>AR-C Section 80, <em>Compilation      Engagements</em>.</li> <li>AR-C Section 90, <em>Review of      Financial Statements</em>.</li> </ul> <p><br />AR-C Section 60 will include the general principles for engagements performed in accordance with SSARSs and is intended to replace AR Section 60, <em>Framework for Performing and Reporting on Compilation and Review Engagements</em>.</p> <p>The standards for engagements to prepare financial statements will be codified as AR-C Section 70. AR-C Section 70 applies when the accountant is engaged to prepare financial statements but is not engaged to perform an audit, review, or compilation on those financial statements. The accountant is required to include a legend on each page of the financial statements stating that no assurance is being provided. The accountant is required to obtain an engagement letter signed by both the accountant and the client’s management. Like all other nonattest bookkeeping/accounting services engagements, the accountant is not required to consider whether he or she is independent. The standard can be applied to financial statements with or without disclosures.</p> <p>The compilation standard will be codified as AR-C Section 80 and will provide requirements and guidance when an accountant is engaged to perform a compilation engagement on historical financial statements. Previously, AR Section 80, <em>Compilation of Financial Statements</em>, applied when an accountant was engaged to report on compiled financial statements or submitted financial statements to the client or to third parties.</p> <p>The performance requirements for compilation engagements are largely unchanged. A report is always required (non-reporting management-use-only engagements would be covered by the preparation standard). To differentiate the nonassurance compilation report from assurance (review and audit) reports, the report is streamlined so that the standard report is just one paragraph with no headings. The requirement that the accountant modify the accountant’s compilation report whenever the accountant’s independence is impaired is retained. The accountant is required to obtain an engagement letter signed by both the accountant and the client’s management. The standard can be applied to financial statements with or without disclosures.</p> <p>The standards for review engagements will be codified as AR-C Section 90 and are basically a clarity redraft of the review literature with few changes to SSARS No. 19.</p> <p>More information on the project is available on the <a href="http://www.aicpa.org/InterestAreas/FRC/Review/Pages/ARSCClarityProject.aspx" target="_blank">AICPA website</a>.</p> Fri, 10 Oct 2014 12:00:00 EDT Kansas Department of Revenue - Kansas Customer Service Center http://www.kscpa.org/about/news/676-kansas_department_of_revenue-kansas_customer http://www.kscpa.org/about/news/676-kansas_department_of_revenue-kansas_customer <p style="margin: 0in 0in 0pt;"><span><img class="justified_right" style="float: right;" src="/writable/images/Logos/kdor.jpg" alt="KDOR" width="231" height="133" />Starting Oct 7, the Kansas Department of Revenue will be rolling out the new Kansas Customer Service Center. It will create a one stop site for Kansas Department of Revenue services including those currently supported by KSWebTax.</span></p> <p style="margin: 0in 0in 0pt;"><span> </span></p> <p style="margin-top: 0px; margin-bottom: 0px;"><span>While many of the steps you will take when filing or paying taxes will not change, the sign in page will look different and you will need to use an email address to log in. </span></p> <p style="margin-top: 0px; margin-bottom: 0px;"><span> </span></p> <p style="margin-top: 0px; margin-bottom: 0px;"><span>If you have questions or need assistance with your account log in please feel free to contact our electronic services help desk at 785-296-6993 or 1-800-525-3901. Contact information for the help desk will also be on the set up pages for the new portal.</span></p> Fri, 10 Oct 2014 12:00:00 EDT KSCPA CPA Exam Survey Results - September 2014 http://www.kscpa.org/about/news/675-kscpa_cpa_exam_survey_results-september_2014 http://www.kscpa.org/about/news/675-kscpa_cpa_exam_survey_results-september_2014 <h3>CPA EXAM SURVEY RESULTS REVEAL AGREEMENT TO CHANGE KANSAS STATUTE - SEPTEMBER 2014</h3> <p>The KSCPA recently conducted a survey of it's membership to confirm results of a survey taken 3 years ago in which 83% of the respondents (over 700 respondents) indicated agreement to changing the Kansas statute to allow candidates to begin taking sections of the CPA exam 60 days prior to completing the 150 hours. The new survey confirmed that membership agrees that this change should be pursued with 74% of the membership indicating either strong agreement or agreement to a change. The leadership of the KSCPA continues to discuss the next move and will keep the membership informed as we move toward the 2015 legislative session.</p> <p>If you would like to comment further on this topic, please contact <a href="mailto:mary@kscpa.org">mary@kscpa.org</a>.</p> <p>A crosstabulation of the results is as follows, showing that agreement was across the board when looking at the type of organizations where our members work.</p> <p><strong><em><img class="justified_center" style="margin-right: auto; margin-left: auto; display: block;" src="/writable/images/News/2014NewsImages/cpa_exam_survey_table.jpg" alt="CPA Exam" width="552" height="346" /></em></strong></p> <h3> </h3> Wed, 08 Oct 2014 12:00:00 EDT KSCPA to Hold 2014 Annual Meeting & Women to Watch Awards http://www.kscpa.org/about/news/673-kscpa_to_hold_2014_annual_meeting_women_to_watch http://www.kscpa.org/about/news/673-kscpa_to_hold_2014_annual_meeting_women_to_watch <p><img class="justified_center" style="margin-right: auto; margin-left: auto; display: block;" src="/writable/images/News/2014NewsImages/revised_annual_meeting.gif" alt="Annual Meeting 2014" width="500" height="264" /></p> <h4><strong>The KSCPA will host its Annual Meeting and KSCPA Educational Foundation Annual Meeting on November 19, 2014 at the Hyatt Regency in Wichita.</strong></h4> <p>The day begins with student and faculty photos from 8:00-8:30 a.m. The Annual Meeting of KSCPA and KSCPA Educational Foundation starts at 8:30 a.m. After the Annual Meeting of the KSCPA and KSCPA Educational Foundation the following topics will be presented by the speakers listed below:<br /><br />08:00-08:30   Registration & Group Photos of Board of Directors, <em><strong>"20 up to 40"</strong></em><br />                      and student attendees<br />08:30-09:30  Annual Meeting of KSCPA and KSCPA Educational Foundation<br />09:40-10:20   <strong>Dr.</strong> <strong>Gerald Graham</strong> - <em><strong>“Why Leaders Must Embrace Change & How to <br />                      Get Others to Do the Same” </strong></em><br />10:20-11:10   <strong>Al Anderson</strong> - <em><strong>“The Future of Audit and Why it Takes Leadership"</strong></em><br />11:10-12:50   Women to Watch Awards Luncheon<br />01:00-01:45   <em><strong>“20 up to 40”</strong></em> Group Project Presentation & Graduation<br />01:45-02:35   <strong>Dr. </strong><strong>Hubert Glover </strong>- <em><strong>“Giraffes of Technology”<br /></strong></em> 02:35-03:35   <strong>Dr. Dan Deines</strong> - <strong><em>“Update on Pathways Commission and Why                       Accounting AP is About to Become a Reality”<br /></em></strong><em>03:45-4:30    <strong>Board Meeting or Dr. Dan Denies "Overtime" with faculty, students,   <br />                     and interested CPAs </strong>(open forum)</em></p> <h3><strong><a href="/events/ANNLMTG14/annual_meeting_of_kscpa_the_educational_foundation">CLICK HERE TO REGISTER FOR THE ANNUAL MEETING</a></strong></h3> <h3><strong><a class="file pdf" href="/writable/files/2014/News/annual_meeting_schedule_of_events_2014_with_hyperlinks_for_members.pdf">Members - Click Here for the Complete Schedule of Events</a></strong></h3> <h3><strong><a class="file pdf" href="/writable/files/2014/News/annual_meeting_schedule_of_events_2014_for_student_mailing_revised.pdf">Students and Faculty - Click Here for the Schedule of Events</a></strong></h3> Wed, 24 Sep 2014 12:00:00 EDT