FY11 Board of Governors
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Daniel Black, CPA President
Daniel Black & Assoc.
Stanley Berman, CPA
Vice-President
Global Impact
Abdool Akhran, CPA
Treasurer
Bert Smith & Co.
Hillary Coley, CPA
Secretary
Trout Unlimited
John D. Griffin, CPA
Immediate Past President
AARP
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Kenneth Emson, CPA
Community Foundation for the National Capital Region
Brenda Hargett, CPA
American Academy of Otolaryngology
Malcolm Karl, CAE
National Association of College Stores
Jacqueline Bryant, CPA
Tate & Tryon CPAs
Joseph S. Drew, Ph.D.
University of Virginia
William Eisig, CPA
BDO Seidman
Daniel Lynch
KForce Professional Staffing
Uzma Malik-Dorman,CPA
Thompson Cobb Bazilio
John Wooldridge, CPA
Larson Allen LLP
Colleen Smith, CPA
National Geographic Society
Jenny Herrera, CPA
Rubino & McGeehin, Chtd
Deborah Nixon, CPA
Ernst & Young LLP |
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Dear Friends,
I don't know about you, but I really love September in Washington, DC. Finally, some of the unbearable humidity of August is subsiding, activity is picking up all around us, and along with it traffic (OK, so I don't love that part). For any of you that might not have been paying attention over the summer, the GWSCPA has launched our long overdue new website, with lots of great Members Only features. If you've visited the new site to submit your dues or sign up for a CPE course, you've noticed the Members Only portions by now, but I really want to stress to you how important two of the public features of the new site are too. We've recently issued several pres releases announcing the availability of some fantastic public service areas of the site that can also be great opportunities for our members to grow their businesses, connections and skills. Find A CPA: The Find A CPA function not only highlights our Firm Members, it connects the public with individual CPA members of the GWSCPA based on keyword searches, sector served and services offered. You must opt in to this service- so sign up today!. If you aren't in here, potential clients can't find you. Consider this comment, received just today by a member who recently listed her firm: "Last week, 8.75% of our web traffic came through the GWSCPA website! Keep up the good work!" Volunteer Opportunities: A great way for CPAs to build their skills and networks is through volunteering in the community. Given the large number of nonprofits located in our area, there are plenty of opportunities. Our listings so far range from the general, like tutoring to the very CPA specific, like designing grant accounting systems and helping with financial statements as Board Treasurer. So, take advantage of those opportunities if you have some time to give, and by all means ---get yourself and your colleagues into that Find A CPA Directory! Kari Bedell Executive Director |
What's new at GWSCPA
Monthly Committee Spotlight
The Government Contracting Committee is one the GWSCPA's newest committees, but they've already made a splash in the Society. Their bi-monthly breakfast meetings have featured some outstanding speakers from the contracting world and have seen record attendance by members and non-members alike, however only GWSCPA members can attend for free. Members who attend the next breakfast meeting on September 24, 2010 can stay after to join the planning committee for the annual GWSCPA Government Contracting Conference to be held in June. Register here.
Partnership Affinity Program
The GWSCPA is proud to announce our new affinity program with PartnerShip. Under this agreement the Society's members will be able to get discounts on their FedEx needs.
* Save up to 29%* on select FedEx Express® services
* Save up to 20% on select FedEx Ground® services
* Save up to 10% on select FedEx Home Delivery® services Go to www.PartnerShip.com/88GWSCPA to enroll and start saving with this valuable member benefit! After you enroll you'll save on every shipment you send and receive through the program.
GWSCPA Question of the Month
GWSCPA on the Web
To better serve our members we try to be everywhere you are. Whether it be Facebook, Linked-In or Twitter, being able to communicate with our members is a priority.
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| Upcoming events
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Ethics -Take Care of Your Required CPE in September!
This will be your last chance to fulfill your Ethics Requirement at the GWSCPA offices in 2010
September 17, 2010. You can take 2 or 4 hourse depending on your need.
*You must Register for Both Sessions to attend for 4 hours*
The CPE Section of our website has just been updated with all the scheduled upcoming classes between now and the end of the year. Be sure to take a look and register. If you have suggestions for a course, don't hesitate to email Brian.
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The 22nd NFPO Symposium ---Registration is NOW OPEN!
The best-of-it's-kind GWSCPA Not For Profit Organizations Symposium will be held December 13 & 14, 2010 at the Mayflower Hotel. Check out video from last year's event and all the program details and register HERE. Be sure to secure your place now-last year we SOLD OUT!
There are some remaining opportunities for Sponsorship and event advertising. If interested, contact Kari Bedell at 202-464-6001 or kbedell@gwscpa.org.
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GWSCPA, MACPA & VSCPA join forces as the Mid-Atlantic Collaborative to present....
An amazing lineup of speakers includes the founding chairman of XBRL International, the senior director of financial accounting and reporting at Microsoft, the program director for Standard Business Reporting (SBR) in the Australian Treasury and more. Make valuable relationships at several networking opportunities during the event nad get in 8 hourse of CPE.
Register at www.cpacollaborative.com
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The AICPA is hosting a National Business Valuation Conference November 7-9, 2010 here in DC. |
Accounting Jobs on the Rise According to the Department of Labor the accounting and bookeeping industry added 3,700 jobs in the latest month for which data is available. Learn more at CPA Trendlines.
Financial Reporting Taxonomy Update
The Financial Accounting Foundation and the Securities Exchange Commission have released a 2011 U.S. GAAP Financial Reporting Taxonomy proposal. The plan includes the use of XBRL to be used in financial reporting. The deadline for commenting on the new version of the taxonomy is Oct. 30, 2010.(Webcpa.com)
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| Regulatory and Legislative News
FASB/IASB Issue exposure draft
The Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) issued an Exposure Draft on Leases. You can view it on their website. Additional analysis has been done by the AICPA.
Mandatory Retirement Savings
The Automatic IRA Act of 2010 has been introduced in the Senate as a way to increase the number of Americans who are saving for retirement. The Bill would set up IRA accounts for all employees as well as automatic payroll deductions.
PCAOB Reopening Comment Period
The PCAOB is reopening the comment period on its proposed standard on auditors' communications with audit committees. There will be a public meeting on September 21, 2010 and the new comment period will be open until October 21, 2010. Briefing materials are available from the PCAOB. (Journal of Accountancy)
Find daily links to news like this on the new Legislative/Regulatory News section of the GWSCPA website. Simply login to access this Members Only professional resource.
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Member News
The GWSCPA is pleased to welcome our two newest Firm Members:
If you are interested in learning more about securing membership for all CPAs in your firm, and receiving numerous added benefits of joining as a Firm Member, contact Kari Bedell at 202-464-6001 or kbedell@gwscpa.org.
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Daniel L. Weaver, CPA has been named a Partner of Councilor, Buchanan & Mitchell, P.C., CPAs, effective August 1, 2010.
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Calibre CPA Group, PLLC and Roche & Associates have merged their practices. The combined firms will practice as Calibre CPA Group. Combining our firms means that Calibre CPA Group will possess an expanded array of services to provide our clients, including:
· Recording daily financial activities
· Reconciling accounts
· Financial statement preparation
· Budgeting
· Cash flow management
· Payroll management _______________________________________________________________________
If you have member news, email us by the first of the month.
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For future issues, if you have a topic you'd like to see highlighted, or have an idea for a feature article you'd like to contribute, let us know.
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