NewsFlash April 17, 2014

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Image: James Lane, CPA
James Lane, CPA

Gov. Scott Appoints James Lane to BOA

Gov. Rick Scott recently announced the appointment of FICPA member James Lane to the Florida Board of Accountancy.

Lane, of Winter Park, is a CPA with Averett, Warmus, Durkee. He succeeds William Durkin and is appointed for a term that began March 7, 2014 and will end Oct. 31, 2017.

The appointment is subject to confirmation by the Florida Senate.



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Image: Bring Out the Leader in You

Bring Out the Leader in You
Sign Up for an FICPA Committee
Apply by Friday, April 25, 2014

FICPA committees provide an excellent opportunity to network with your peers from throughout Florida and play an influential role in shaping the future of your profession.

Committee membership is open to regular members; non-resident members; accounting educator members; associate members; retired members; and lifetime members of the FICPA. Most committees plan and implement at least one project or program annually, and many offer the opportunity to participate in specific-interest subcommittees.

It’s now easier for committees to connect, communicate and collaborate through FICPA Connect. Log in to FICPA’s newest online community to participate in committee groups, chapter groups, forums and much more with the link below.

On July 1, 2014, responsibilities of the Section Steering Committees and Resource Councils will transfer to committees. Click the link below to learn how you can apply.

Apply for a Committee | View the Committee Volunteer Guide | Visit FICPA Connect | Section Members: Find Your New Committee
Ask Us: Member Service Center (800) 342-3197 | (850) 224-2727 |

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Prepare for the New Standards in PFP

The AICPA’s Statement on Standards in Personal Financial Planning Services (SSPFPS No. 1) was issued to provide authoritative guidance and establish enforceable standards for members practicing in PFP. SSPFPS No. 1 was issued in January 2014 and is effective beginning July 1, 2014.

All AICPA members are required to follow a rigorous Code of Professional Conduct requiring that they act with integrity, objectivity, due care and competence; fully disclose any conflicts of interest (and obtain client consent if a conflict exists); maintain client confidentiality; disclose to the client any commission or referral fees; and serve the public interest when providing financial services.

Read the entire article here.

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DBPR Promotes CPAs in Florida Trend

The April 2014 issue of Florida Trend includes a Sponsored Report, Beyond Taxes, from the Florida Department of Business and Professional Regulation (DBPR). The attractive, two-page article promotes the importance of using CPAs and the value of the profession. DBPR subsidized the piece through its Unlicensed Activity (ULA) Campaign, which is funded through a portion of Florida CPAs’ license fees.

“We’re so pleased with the publication of the Florida Trend report,” said FICPA President/CEO Deborah Curry. “Increasing public awareness about the prestige of the CPA credential is a key element in our efforts to help ensure our members’ success.”

Senate Bill 1500, passed during the 2013 Legislative Session, mandates that a portion of CPA licensure fees be used to fund the DBPR’s Unlicensed Activity Campaign. DBPR and the FICPA collaborate on the campaign.

To read Beyond Taxes click here. To read language in SB 1500 that pertains to DBPR and the FICPA, see the bottom of page 271 here.

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Do You Belong in the Spotlight?

In the past, the FICPA highlighted members’ promotions, new positions, speeches, business achievements and more with the “On the Move” feature in Florida CPA Today magazine. Beginning with the May/June issue of the magazine, we’ll continue the tradition of recognizing member accomplishments with the “CPAs in the Spotlight” feature. We think you’ll love the sharp new logo!

CPAs in the Spotlight is part of the Institute’s ongoing efforts to share information and promote our members’ success in print, online and via social media. Click the links below to read CPAs in the Spotlight on our website, follow the #CPAsInTheSpotlight hashtag on Twitter or view our Pinterest board.

Do you know someone who should be featured in CPAs in the Spotlight? Email your submissions to

Read CPAs in the Spotlight on Our Website | Follow the Hashtag on Twitter | Follow on Pinterest  
Ask Us: Member Service Center (800) 342-3197 | (850) 224-2727 |

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What’s Hot on FICPA Connect’s
Federal Taxation Group

The Federal Taxation Group on FICPA Connect recently has exploded with activity. Here are the group’s most popular discussions this month.

What Would You Do?
on 4/5/2014 at 6:55 p.m.

Long term client has delayed in getting their fiscal year end 7/31/13 tax information to me…[Read More]

Shareholder Health Insurance
on 4/5/2014 at 1:38 p.m.

I’m sure everyone has encountered this situation and am wondering how others…[Read More]

Extension & EFTPS
on 4/5/2014 at 12:18 a.m.

Client called and advised that he made an extension payment via EFTPS. My question…[Read More]

Join these discussions or search our many other groups – including Accounting & Auditing; Business Technology; Common Interest Realty Associations; Florida Industry; Florida State Tax; Management of an Accounting Practice; State & Local Government and Valuation; and Forensic Accounting & Litigation Services – by logging in to with your website member credentials.*

FICPA Connect provides members with a place to communicate and collaborate with fellow CPAs throughout Florida. Your member login now grants you access to hot-topic discussion forums, group resources and more that are specific to your needs. Learn more with the links below.

Visit FICPA Connect | Learn More
*Ask Us: Member Service Center (800) 342-3197 | (850) 224-2727 |

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Compete in the Suncoast Scramble

The FICPA Educational Foundation invites you to compete in the 2014 Suncoast Scramble Golf Tournament May 2 at the East Lake Woodlands Country Club in Oldsmar!

Schedule of Events
9-11:30 a.m. – CPE
11:30 a.m.-12:30 p.m. – Registration, Warm Up and Lunch
12:30 p.m. SHARP Shotgun Start
5 p.m. – Cocktails, Dinner and Awards Presentation

The Suncoast Scramble Golf Tournament provides unique sponsorship opportunities to increase visibility and exposure of company products and services to more than 100 of Florida’s top CPA professionals. Register as a sponsor today or simply sign up as a golfer.

Compete at the tournament and prove you're up to par – have your team's name etched onto the Florida CPA Champions Cup for 2014! The winners can showcase the trophy in their office until the 2015 Suncoast Scramble.

Questions: Jason Zaborske, FICPA Educational Foundation Development Director | (800) 342-3197, Ext. 417 | (850) 224-2727 Ext. 417 | (850) 251-7274 |

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Six Reasons You Can’t Miss the 2014
Health Care Industry Conference (18 CPE)

April 24-25, 2014

  1. The health care industry will continue to evolve rapidly as the Affordable Care Act legislation goes into full effect. Your organization and clients need to adapt!
  1. As a CPA, you’re in a unique position to provide value-added services like cost reduction, tax work, bottom-line guidance for reimbursement changes and more. These are your opportunities – don’t pass them up.
  1. The two-hour “Continuum of Care” Keynote Panel Discussion features four industry perspectives on the industry’s newest challenges and future opportunities. With the ACA and ACOs a reality, working together and partnerships are key.
  1. By popular request, we’ve added the “Medicare Cost Reporting Reimbursement Strategy” pre-conference workshop on Wednesday, April 23. Add two hours to your agenda with coverage of cost-report preparation, protocols to enhance reimbursement function performance and how health care reform affects cost reports.
  1. Maximize your credit – register for the four-hour ethics course scheduled before the pre-conference workshop on Wednesday, April 23.
  1. Relax – the entire event takes place at Disney’s Yacht Club Resort!

Can’t attend in person? No problem! Register to watch the Health Care Industry Conference via webcast or opt for the single-day options with the links below.

Register for Conference with Optional Workshop | Register for Ethics Course | Register for Two-Day Webcast | Register for April 24 Webcast | Register for April 25 Webcast | View Agenda | Learn More
Ask Us: Member Service Center (800) 342-3197 | (850) 224-2727 |

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Mega CPE Conference

Hotels Are Filling Up for
the Mega CPE Conference

June 11-14, 2014

The Mega CPE Conference is Back in Black at Walt Disney World® Resort as the ultimate bizcation. Registration is open and the hotels are filling up fast!

Attendees can earn up to 40 hours of CPE, including up to eight hours of bonus OnDemand CPE, with our customizable schedule and price. Choose from accounting and auditing; tax; industry; government; technology; practice management; ethics; leadership events; the Women’s Leadership Summit; and the all-new Accel 2014, Florida’s Young CPA Leadership Forum.

If you want the convenience and luxury of Walt Disney World® Resort hotels at just $179/night with the FICPA room rate, act soon. Our space at Disney’s Contemporary Resort is almost sold out and we’ve begun filling our block at Disney’s Wilderness Lodge. Register for the Mega CPE Conference and reserve your room today!

Register for Mega CPE Conference | View Agenda | Learn More | Explore Walt Disney World® Resort | Explore Disney’s Contemporary Resort | Explore Disney’s Wilderness Lodge
Ask Us: Member Service Center (800) 342-3197 | (850) 224-2727 |

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Introducing 12 New CPE Webinars for Industry CPAs
FICPA Announces Auxis Partnership

Are you a CPA working in industry? The FICPA has partnered with Auxis Inc. to bring you an exclusive series of one-hour webinars. The first twelve of our partnered courses now are available for registration. Hurry – the next webinar is scheduled for Wednesday, April 23 and is filling up fast!

Cutting Through the Haze: Keys to a Successful Cloud Strategy (1 TB)
Wednesday, April 23

As companies become more comfortable with the cloud environment, they’re gaining insight into opportunities for cost savings while meeting practical challenges of implementation. This webinar outlines how cloud computing fits into your business and provides a practical approach for developing a successful cloud initiative.

Auxis is a consulting and outsourcing firm that has served over 300 companies and built a unique business model on their passion for quality. To learn more, click the links below. More courses will be available soon.

View and Register for Auxis Courses | Learn More About Auxis
Ask Us: Member Service Center (800) 342-3197 | (850) 224-2727 |

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Tech Tip
Microsoft Updating XP Security Essentials for a Limited Time

Microsoft recently ended support for Windows XP, but still will provide updates for Microsoft Security Essentials (MSE) for a limited time. This will give XP users a bit more time to keep their computer secure until they decide their options for moving on.

Security Essential Updates of XP
If you don’t already have MSE installed, the company has stopped providing it as a download. If you have it installed, you’re in luck – at least for a little while. According to an article on the MSDN blog:

If you already have Microsoft Security Essentials installed, you will continue to receive antimalware signature updates for a limited time, but this does not mean that your PC will be secure because Microsoft will no longer provide security updates to help protect your PC.

Microsoft was vague about exactly how long it will provide antimalware updates to MSE. But don’t expect them to keep coming for very long.

Also, keep in mind that April 8 was Patch Tuesday. This is your chance to get your final security patches for the 12-year-old operating system. Microsoft also is ending support for Office 2003, so make sure you grab those updates as well.

Review instructions with images here.

This Tech Tip is brought to you by the Business and Technology Section ... IT solutions for today's CPAs. For more information and to view an archive of previous Tech Tips, please visit us here.

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LAST UPDATED 4/16/2014