NewsFlash Dec. 5, 2013

Printer Friendly
Text Size: A A A A

Did you miss an issue of NewsFlash? View our archives here.

to the top

Sometimes a Half is Better than a Whole!
Mid-Year = Half-Price Membership

Have you been waiting to add staff to your FICPA membership? Now is the perfect time to increase your roster. All membership categories are half off.

Apply online or call the Member Service Center at (800) 224-2727, Ext. 1.

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

to the top

Be an Influencer
Become a Key Person Contact

To develop strong grassroots relationships with members of the Florida House of Representatives, Senate and Cabinet, the FICPA has created the Key Person Contact (KPC) Program. KPCs are CPAs who have personal relationships and are centers of influence with elected officials.

KPCs act as liaisons between the FICPA and state officials, creating a line of communication to relay technical and general information about legislative issues affecting the CPA profession. The 2014 Legislative Session is just around the corner, now is the time for you to let us know who you know.

Click here to update your information.

More information about this and other programs: Rivers Buford, FICPA Director of Governmental Affairs | (800) 342-3197, Ext. 203 | (850) 224-2727, Ext. 203 |

to the top

Riggs to Serve on Triumph Gulf Coast Board of Directors

Florida Chief Financial Officer Jeff Atwater recently chose Stephen Riggs IV of Carr, Riggs & Ingram, LLC in Miramar Beach to serve on the Triumph Gulf Coast Board of Directors. Riggs is one of three people from Okaloosa County who will serve on the five-member board. The board will oversee spending of much of the oil-spill fines BP pays to the State of Florida.

“This is kind of a big deal,” Riggs said. “I am honored by the appointment and will represent our profession in a positive manner.”

“Stephen is an excellent addition to this important board,” said FICPA President/CEO Deborah Curry, CPA, CGMA. “We’re happy to have one of our members participating in the final phase of our state’s long road to recovery from this disaster.”

to the top

National CPA Core Competency Study Launched
Take the survey now.

Cognitive Edge Ltd., the Indiana CPA Society and the FICPA have partnered to present The CPA Core Competency Study powered by SenseMaker®. It’s the first large-scale look at how the U.S. CPAs in public accounting are measuring up to the core competencies. The profession has deemed these competencies critical, yet there are varying definitions and no way to recognize improvement.

The survey period ends Jan. 15, 2014, so please take it as soon as possible.

What are the seven core competencies?

  • Critical thinking and problem-solving skills
  • Communication skills
  • Leadership skills
  • Synthesizing intelligence into insight skills
  • Integration and collaboration
  • Anticipating and serving evolving needs
  • Knowledge sharing

It’s worth your time.
This is a different kind of survey. It allows for nuanced responses and a real person analyzes each survey. The survey instrument is fun and easy to use, and will provide results that individuals in public accounting firms can benchmark against now and in the future.

It’s secure.
Any report produced will not identify individuals. Cognitive Edge Ltd. will hold data in a secure database and will destroy it within 12 months after the report has been produced.

You’ll receive a complimentary copy.
A comprehensive report on the outcome of the study will be available for sale to firms and companies that choose to do their own benchmarking against the results. This will be the first step in establishing a baseline for the competency of U.S. CPAs in public accounting.

to the top

Free Webcast: Health Care Reform Update
Dec. 12, 2013

New Webcast: Updates on the Affordable Care Act
The FICPA has partnered with ADP to provide our members with current, relevant, cost efficient health care education. Join us for a free members-only webcast, “Health Care Reform Update: Impact of the Affordable Care Act” on Thursday, Dec. 12, 2013 from 11 a.m.-1 p.m. EST. The webcast will include the newest updates to the Affordable Care Act. As an added value to our members, attendees will earn two CPE credits for this informative webcast.

The Treasury Department recently announced that certain provisions related to the employer mandate under the Affordable Care Act's (ACA) Shared Responsibility requirements would be postponed until 2015. However, not all provisions were postponed. Do you know which requirements were postponed, how to comply and how to help your clients through this transition?

Register today for this valuable, free webcast!

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

to the top

Valuation, Forensic Accounting and Litigation Services Conference
Jan. 9-10, 2014
Ft. Lauderdale

Solve the Case with High-quality CPE!

Do you have the knowledge and tools to counteract white collar crimes such as Ponzi schemes, CEO insider trading and the many other issues the profession faces today? Follow the clues to the Valuation, Forensic Accounting and Litigation Services Conference in Ft. Lauderdale! Join us for two days of innovative sessions and earn up to 24 CPE hours.

Enjoy these great CPE sessions:

  • Keynote: Daubert and Related Pitfalls (1 TB)
  • Direct and Indirect Methods of Income Reconstruction: Tools for the Forensic Accountant (1 TB)
  • Capital Structure of Private Firms (1 TB)
  • Tools and Techniques to Detect Possible Fraud-Case Studies (1 AA)
  • Using the Cost (Asset) Approach in Valuation of Entities and Intangibles (1 TB)
  • And much more!

Follow your instincts and register for this conference before it’s too late. Take advantage of our early-bird pricing and save up to $55 when you register before Jan. 1! Staying in Ft. Lauderdale overnight? Reserve your room with the Sheraton Ft. Lauderdale Airport Hotel before Dec. 13 and pay only $139, plus tax, per night.

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

to the top

32nd Annual International Tax Conference
Jan. 23-24, 2014

Look Beyond Borders in 2014!

You play a vital role in the day-to-day management of your client’s success. What can you do to maximize growth opportunities and stay focused on international tax developments? Join the FICPA and The Florida Bar at the 32nd Annual International Tax Conference in Miami on Jan. 23-24, 2014. Take a closer look and see how attending this conference can help make doing business around the world a little easier.

Enjoy these great CPE sessions:

  • FIRPTA Under Fire
  • The Portfolio Interest Exemption: Opportunities and Traps
  • Foreign Pensions/Retirement Plans and the U.S. Taxpayer
  • Tax Planning with the U.S. Virgin Islands and Puerto Rico – Recent Developments, Tax Incentives, and Litigation
  • And much more!

Take advantage of our early-bird pricing and save up to $55 when you register before Jan. 14! Reserve your room with the J W Marriott before Jan. 2 and pay only $289, plus tax, per night.

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

to the top

Tech Tip
How well do you know the Internet?

Take this test and find out now.

  1. How many web pages are how many users are on the Internet?
  2. Which of the following is not one of the top 10 most popular websites on the Internet? Google, Facebook, Amazon, ESPN, CNET, Wikipedia, Tumblr, Yelp, YouTube, Craigslist, USA Today.
  3. Can you catch a virus by surfing the Internet?
  4. How many email messages are sent each year and what percentage is spam?
  5. Who pays for the Internet? 


  1. A 2012 analysis conducted by the World Wide Web Foundation reported there are slightly more than 1 trillion web pages and 3.4 billion users.
  2. According to, the first 10 websites listed are the top 10, based on total traffic; USA Today is not ranked in the top 10 – it is ranked 85th.
  3. Yes. Without proper anti-virus software, you can contract a virus by downloading an application, downloading data, visiting a web page or simply by hovering your mouse over a web-page object. Even with proper anti-virus software, viruses are still possible, although rare.
  4. According to, there are 247 billion emails each day (90 trillion a year), 81 percent of which are spam.
  5. The Internet uses the unused bandwidth of data connections of millions of companies and thousands of governments. When these companies or governments use their connections, their packets are prioritized to flow through first, so other Internet traffic does not adversely affect them.

How did you do? To learn more about technology, the FICPA invites you to attend a technology course, conference or webinar; or get involved in the Business Technology Section and FICPA Connect. Why not sign up today?

to the top

In Memoriam
Justin Rankin - 10/11/2013

Look for the next issue of FICPA NewsFlash Dec. 19, 2013.

Comments or Suggestions?

We are interested in your comments or suggestions. Please email

LAST UPDATED 12/5/2013