NewsFlash Aug. 21, 2014

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The FICPA recently received two awards in the Florida Public Relations Golden Image Awards competition. The Institute received an Award of Distinction and a Judges’ Award for its work to plan and promote the 2014 Mega CPE Conference. The Award of Distinction is presented to entries that meet the five criteria of excellence set by the judges’ panel, and the Judges’ Award is given to an outstanding entry that achieves maximum results with a minimum amount of money.

Florida CPA Today (FCT) received two awards in the Florida Magazine Association’s Charlie Awards competition. FCT received a Bronze Award for Best Service Feature, for Yanick J. Michel’s article entitled “The New Goodwill and Intangible Assets Testing Rules: ASUs Amend Topic 350.” It appeared in the July/August 2013 issue. The magazine also received a Silver Award for Best Special Theme or Show Issue, for the September/October 2013 Elder Care Issue.

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26 Under 36 Returning Soon

Calling all CPA Super Stars! It’s time to shine as one of our 26 Under 36. We’re looking for the best and brightest young CPAs who have served our organization, advanced the CPA profession and worked to better their communities. We’ll announce and highlight the winners in the March/April 2015 issue of Florida CPA Today.

We’ll begin accepting nominations soon – see future issues of NewsFlash for more information.

Who will you nominate?

Ask Us: Member Service Center (800) 342-3197 | (850) 224-2727 |

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FICPA Seeks Applicants for Executive Committee, Board of Governors
Members-at-Large, Standing Committees and AICPA Council

The FICPA Committee on Nominations currently is seeking volunteers for nomination to the 2015-16 Executive Committee, Board of Governors, Standing Committees and AICPA Council. This is an extraordinarily exciting time not only to be a member of the FICPA, but also to take a leadership role in shaping the future of our association. The deadline to apply is Aug. 31.

Please consider participating.

Click here for the application and additional information.

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AICPA Extends MAP Survey Deadline

CPA firms and sole practitioners throughout the U.S. rely on the benchmarking capabilities of the 2014 AICPA PCPS/TSCPA National Management of an Accounting Practice (MAP) Survey. The survey helps CPAs predict future growth, determine succession plans and compare their progress against firms of similar sizes and in their geographic locations. Participating firms receive a free summary of the results comparing their firm to national data on a variety of general benchmarks.

The deadline to complete the survey has been extended to Aug. 31. We encourage FICPA members to participate.

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Honor Your Profession’s Top Leaders

Planned giving through the FICPA Educational Foundation in an investment in the future of the CPA profession and an honor to our profession’s top leaders. We currently have 15 endowments that acknowledge amazing benefactors. To contribute now or learn more, visit the Foundation web page.

In addition to named endowments, planned-giving options including bequests, retirement plan assets, life insurance policies, stocks, real donations of property and more. For more information about planned giving options, contact us today.

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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AICPA News Roundup

A collection of recent updates from the AICPA, including: learn about the 2015 CGMA exam and information about 2014 AICPA Accounting Competition.

Video Has Information About 2015 CGMA Exam

As of Jan. 1, 2015, all AICPA members who wish to obtain the CGMA designation will be required to pass the CGMA Exam, a strategic case study examination developed by CIMA. Watch this two-minute CGMA video to learn more about the unique case study format, designed to assess a management accountant’s ability to think and perform strategically in real-world business situations.

For more information, visit the CGMA Exam page.

Accounting Competition Opens Aug. 18

The 2014 AICPA Accounting Competition is gearing up, and CPAs can join a team as an advisor again this year. The competition challenges students to take on a management accountant’s role and help a company grow its business. The first round opens Aug. 18 to teams of three or four undergraduate students. Each team also may elect to have an advisor, who can be a full-time faculty member; a graduate student at a two- or four-year degree institution; or an AICPA regular member.

Read the official rules here.

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Last Chance to Save 20%!
Health Care Legislative and Regulatory Update: What 2 Watch 4 (1 TB)

Are you current on all the issues in health care? Next Friday’s webcast covers the 10 hottest topics in health care policy, including:

  • The Massachusetts wage index
  • Patient-observation days
  • Tax-exempt status
  • ICD-10 codes
  • A temporary fix to the sustainable growth rate
  • And more

Register now using promo code MEMBER83114 during checkout to save 20% on this course with your FICPA membership. Don’t miss your last opportunity to save with this member CPE sale!
Register Now | Renew Your FICPA Membership
Ask Us: Member Service Center (800) 342-3197 | (850) 224-2727 |

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University of Florida Accounting Conference (16 CPE)
Oct. 16-17, 2014

Want cost-cutting tips from the famous “Chainsaw Al” Dunlap? This is the speaker presentation you need to see live at the University of Florida Accounting Conference.

Our agenda is loaded with some of the best speakers and content experts around.

  • Jeffrey L. Sailor, CPA leads the SSARS Update (1 AA) on Thursday
  • Ed Grossman, CFE, CMA, CPA, CGMA discusses Audit Quality Indicators (1 AA)
  • “Chainsaw Al” Dunlap leads the session on Business Cleanup (1 AA)
  • You may remember Sean Snaith, Ph.D. from the Mega CPE Conference – his presentation received excellent feedback and he’ll be at this event, leading An Economic Forecast in Uncertain Times (1 TB).
  • Learn the early signs of trouble with Aaron Beam in his presentation, Fraud, Lies and Hermes Ties (2 AA).
  • And more!

See everything that makes this a can’t-miss agenda, and don’t forget to stay for the Florida Gators Homecoming festivities!

Register Now | View the Brochure | Learn More and Purchase Homecoming Tickets | Learn About “Chainsaw Al” | Read Jeffrey L. Sailor’s Biography | Read Sean Snaith’s Biography
Ask Us: Member Service Center (800) 342-3197 | (850) 224-2727 |

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Tax & Financial Planning Conference (16 CPE)
Oct. 23-24, 2014
Ft. Lauderdale

Do your clients see you as a forward thinker?

Knowing the numbers gets you in the door – a financial planning interview with a qualitative focus can keep you there for years to come. For clients, planning the lifestyle they want takes an advisor who understands their goals in addition to the means.

The FICPA’s Tax and Financial Planning Conference prepares you to be the advisor of choice with breakout sessions covering current and potential legislation, market outlooks, estate-planning developments and much more for up to 16 hours of CPE.

Register Now | Agenda | Brochure
Ask Us: Member Service Center (800) 342-3197 | (850) 224-2727 |

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Tech Tip
Microsoft Releases Windows 8.1 August Update

Update: Microsoft has pulled its August Windows update after users reported crashes.

Microsoft released the next set of updates for its controversial (to say the least) desktop operating system, Windows 8.1. Microsoft released Windows 8.1 update earlier this year, but instead of continuing with a consistent naming convention, the company is calling this the "August Update."

Microsoft August Update

The update mainly is a lot of security and bug fixes for the OS, Office and firmware updates for Surface tablets. It was speculated that this update would include a new Start menu that combines aspects of the new Modern UI and the traditional Start menu. But Microsoft decided to scrap that, and it presumably will be available in the next version of Windows – codenamed "Threshold" – which is expected to be launched early next year.

According to Microsoft, some of the features and improvements include:

  • Precision touchpad improvements – three new end-user settings have been added: leave touch pad on when a mouse is connected; allow right-clicks on the touchpad; double-tap and drag.
  • Miracast – exposes a set of Wi-Fi direct APIs for Independent Hardware Vendor (IHV) drivers or OEM drivers to develop Windows 32-bit applications that run on all supported x86-based or x64-based versions of Windows 8.1, enabling the computer as a Miracast receiver.
  • Minimizing login prompts for SharePoint Online – reduces the number of prompts with federated use in accessing SharePoint Online sites. If you select the "Keep me signed in" check box when you log on for the first time, you won’t see prompts for successive access to that SharePoint Online site.

Microsoft also said in the blog post:

"Our goal is to continue to deliver improvements to Windows through regular updates in order to respond more quickly to customer and partner feedback. Customers can expect that we'll use our already existing monthly update process to deliver more frequent improvements along with the security updates normally provided as part of 'Update Tuesday.'"

If you have Windows set to automatically update, which is the default, you should be prompted to restart in the next couple of days. If you want it right away, go to PC Settings > Update and Recovery > Windows Update and install the updates.

Read article with illustrations here.

This Tech Tip is brought to you by the Business and Technology Connect Group...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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In Memoriam
Linda Rowland Pilcher – March 25, 2014
Charles Edward Ferguson – Feb. 2, 2014

Look for the next issue of FICPA NewsFlash Sept. 4, 2014.

Comments or Suggestions?

We are interested in your comments or suggestions. Please email

LAST UPDATED 8/21/2014