NewsFlash Jan. 17, 2013
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FICPA Seeks Member Input on APAS Committee Response
The FICPA is seeking member input on a draft response issued by the FICPA Accounting Principles and Auditing Standards Committee (APAS) to the AICPA exposure draft, “Proposed Financial Reporting Framework for Small- and Medium-Sized Entities” (SMEs). Financial reporting for SMEs is a very hot national topic and will impact many of our members, their clients and companies.
Annual Report Renewal Period Begins
The Florida Department of State (FDOS) renewal period for annual reports for businesses has started. Members may wish to remind their clients that they should receive a courtesy email from the state, reminding them to file the annual report. FDOS reminds you they no longer have the authority to waive the late fee of up to $400. If the client has changed registered agents or their email address in the past year and has not notified FDOS, the state will send the reminder to the registered agent’s last known email.
More information about legislative issues: Rivers Buford, FICPA Director of Governmental Affairs | (800) 342-3197, Ext. 203 (in Florida) | (850) 224-2727, Ext. 203 | email@example.com
The ImPostulators – We Have Winners!
The FICPA, in conjunction with the Department of Business and Professional Regulation (DBPR) and the public, have selected the first, second and third place winners for The ImPostulators student video contest! The contest, aimed to spread awareness about the importance of using only a Certified Public Accountant, began in September 2012.
Team Gazzillo/Flynn came in first place, receiving a grand prize of $1,000 with an additional $350 contribution to the University of Florida. In second place, Team JJD received $500 with a $250 contribution to the University of South Florida. And in third place, the NSU Accounting Club received $250 with a $150 donation to Nova Southeastern University.
DBPR will use the videos as part of their annual unlicensed activity media campaign to educate consumers. To view the winning videos, click here.
To see WFSU's coverage of the contest, including a radio spot, click here.
Ask Us: Member Service Center (800) 342-3197 (in Florida) | (850) 224-2727 | firstname.lastname@example.org
Tax Identity Theft and Refund Fraud Top of Mind with FICPA
At the request of Congressman Vern Buchanan of the House Ways and Means Committee, the FICPA Federal Taxation Committee has submitted recommendations and concepts to help address Florida’s tax identity theft and refund fraud epidemic. Currently, Florida has the highest rate in the nation. In the past few months, members of the FICPA’s Federal Taxation Committee and the Institute’s Governmental Affairs staff have worked with Congressman Buchanan and his staff in preparation for a legislative initiative during the upcoming 113th Congress. As new developments on this important subject arise, the FICPA and its Federal Taxation Committee will share them with members.
New Internship Database Connects Students, Employers
Internships put your firm on the map for the state’s newest talent – but finding the right intern for your practice can be time consuming. That’s why the FICPA has launched the Internship Opportunity Engine.
The Internship Opportunity Engine gives member firms the chance to expand their applicant pools by posting internship listings for free. Once it’s in full swing, the tool also will allow aspiring student members to search and apply for internships at Florida CPA firms.
We need your help to make the Internship Opportunity Engine a success for students and CPA firms alike. Click the link below to start posting your available internships. Include a description and desired skills to find the most qualified applicants. It’s a quick and easy way to attract some of the state’s best young talent.
Register Now for Foundation’s Money Run
Looking for a way to celebrate the end of tax season? Join your fellow CPAs in Key Biscayne on Saturday, April 20 at 7:45 a.m. for the Money Run! The Money Run, formerly known as the 1040K, is the perfect event to release all your tax-season stress.
Your registration includes admission to the race, admission to Bill Baggs Cape Florida State Park for the day and free beer donated by Heineken Light! But most of all, your participation will help provide scholarships to African-American accounting students in South Florida.
Since its inception in 1989, the Money Run has raised more than $250,000 in scholarship funds and continues to bring hundreds of participants each year. Last year, the FICPA Educational Foundation presented several scholarships to deserving accounting students and will do the same in 2013!
Wear your best CPA running attire and join hundreds in Key Biscayne on April 20 to run for scholarships!
Questions: Jason Zaborske, FICPA Educational Foundation Development Director | (800) 342-3197, Ext. 417 (in Florida) | (850) 224-2727 Ext. 417 | email@example.com.
CPAs in Industry Accounting Conference
As a CPA in industry, you’re all about the hands-on approach. You’re involved from payroll to supply chain. Even when the company is exceeding budget expectations and you’re running out of black ink, the job isn’t done.
This conference will increase your knowledge about computer security, shed light on international business opportunities and prepare you to present financial statements to any department. You’ll leave with what it takes to make a lasting impact on your company. And to make it convenient for you, this conference is available in two locations.
Ft. Lauderdale – Register Now | More Information | View Brochure
Health Care Industry Conference
No issue is more important or controversial than health care.
With President Barack Obama retaining office for a second term, the most significant overhaul of the U.S. health care system in more than 40 years is set to move forward. The Patient Protection and Affordable Care Act (PPACA) will expand the business of health care providers while increasing cost risk.
This conference will inform CPAs and public practitioners about the foreseeable future of health care in the United States. Attendees will learn how to best update their clients about changes in legislation while getting the latest standards for these entities.
Mega CPE Conference 2013
Just in time for Mega Fun, Walt Disney World® has introduced the largest expansion to the Magic Kingdom in the theme park’s history: New Fantasyland.
On Dec. 5, 2012, Walt Disney World® opened a new section of the Magic Kingdom, doubling the size of Fantasyland to include the Enchanted Forest beyond Cinderella’s Castle and Storybrook Circus. Along with rides such as “The Barnstormer Featuring the Great Goofini,” New Fantasyland features Beast’s Castle, a full-service French restaurant and Ariel’s Grotto.
This expansion amps up the fun we’ve already packed into Mega: Disney’s Keys to the Kingdom Tour, Dine Around Orlando, a Golf Tournament, the Soar Above Disney Helicopter Tour, BASS Fishing, Fantasy of Flight and the Richard Petty Driving Experience®!
Previous versions of Microsoft Word offered review features, and Word 2013 improves on them. When you’re working with someone on a document, you might want to prevent them from rewriting or changing what you’ve written. In most cases, using the Track Changes feature is sufficient. But sometimes you need to lock a document further. Here’s how:
Are there specific topics you’d like us to cover in Tech Tips? Email suggestions to firstname.lastname@example.org.
Look for the next issue of FICPA NewsFlash Jan. 31, 2013.
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LAST UPDATED 1/16/2013