NewsFlash Oct. 31, 2013

Printer Friendly
Text Size: A A A A

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

to the top

FICPA Announces
CPA Insurance Marketplace

The FICPA recently announced the private CPA Insurance Marketplace for members! It’s the latest FICPA member benefit that saves our members time and headaches while shopping for and managing health insurance. Enrollment begins Nov. 1, 2013.

The CPA Insurance Marketplace is available to sole practitioners, individuals and employees of members. Employer accounts with defined-contribution tools also will be available through the Marketplace.
Coverage effective dates begin Jan. 1, 2014. From that date on, all health-insurance plans available through the Marketplace will accept you at the standard rate – regardless of prior health conditions. Want to learn more? View a short video or visit our CPA Insurance Marketplace FAQ page at the link below.

Welcome to Insurance Choices Made Easy!

Learn More | Download Flyer | FAQ
Ask Us: Member Service Center (800) 342-3197 | (850) 224-2727 |

to the top

Image: Sen. and Mrs. Bob Graham and AICPA Council member/FICPA Chair Elect Marshall Gunn, Jr. (left to right) attend the AICPA Council's fall meeting, where Sen. Graham received the AICPA Medal of Honor.
Pictured left to right: Sen. and
Mrs. Bob Graham and AICPA
Council member/FICPA Chair
Elect Marshall Gunn, Jr.

Sen. Bob Graham Receives AICPA Medal of Honor

On Oct. 21, the AICPA presented Bob Graham, former U.S. Senator and former Florida Governor, with the AICPA Medal of Honor. AICPA Chairman Richard Caturano, CPA, CGMA presented the award to Sen. Graham at the fall meeting of the AICPA governing Council. 

"Sen. Graham has served as an ambassador between the CPA profession and the American public, helping the AICPA Board chart the Institute's course and the profession's growth with the needs of all citizens in mind," said Caturano. "In recognition of his dedicated service, the AICPA is pleased to present Sen. Graham with the Medal of Honor."

The AICPA Medal of Honor recognizes a non-CPA whose work has had a significant impact on the profession. The Medal of Honor is the highest AICPA award for a non-CPA.

Sen. Graham has served on the AICPA Board of Directors from 2005-2013, sharing his experience and world view during board deliberations.

Click here to read the entire press release.

to the top

Balhoff Elected Chairman of AICPA Board of Directors

William E. Balhoff, CPA, CGMA was inaugurated Oct. 22 as chairman of the AICPA Board of Directors for a one-year term ending Oct. 2014. His inaugural speech, The Quality Connection, explains that a relentless focus on quality – in the services our profession provides and the CPAs who perform them – is the surest way to continue our future success.

Quality and integrity are the impetus behind Balhoff’s announcement to launch a new AICPA Center for Plain English Accounting. The Center will provide a one-stop, technical resource for small to midsize firms looking to manage complexity and provide high-quality accounting and auditing services.

Also on Oct. 22, FICPA Past President Tommye E. Barie was installed as vice chair of the Board. A member of the AICPA Council, Barie is chair of the AICPA Finance Committee and serves on the Audit and Compensation committees. She has served on the FICPA’s Board of Governors, Executive Committee and Finance Committee. She will be installed as chair of the AICPA Board in October 2014.

Click here to read the Journal of Accountancy profile on Balhoff.

to the top

BOA Needs Members’ Feedback on DBPR

During the 2013 Legislative Session, the Florida Legislature passed legislation that requires the Board of Accountancy (BOA) to evaluate the services provided by the Department of Business and Professional Regulation (DBPR) for the Board.

The BOA is asking licensees to participate in a brief online survey collecting feedback on the level of services DBPR has provided this past year. We encourage FICPA members to assist the BOA in their evaluation process.

Members may access the survey now through Nov. 16 at midnight. Members do not have to provide their names or their firm names to submit comments.

to the top

Three Reasons to Attend Elder Planning Symposium
Nov. 7-8, 2013
Ft. Lauderdale

Want your share of Florida’s nation-leading market for CPA elder-planning services? Here are three compelling ways that attending the FICPA Elder Planning Symposium will help you increase business in this niche:

  1. Did you know that almost 70 percent of existing life insurance underperforms, resulting in unexpected consequences for your clients? In Andrew M. Shamp’s session, “Life Insurance Audits: How the Review of this Often-Overlooked Asset Can Enhance Your Practice,” you’ll learn a proactive way to help clients avoid disaster while growing your business.
  2. Is your practice prepared to market to the more than 78 million Americans older than 60 who are reshaping the future? Gain an understanding of the primary factors that influence mature clients’ decisions and learn how to make your practice more relevant to this market with Jim McCabe’s session, “Strategic Marketing to the 60+ Market.”
  3. Build strategic partnerships with 13 diverse, on-site sponsors and exhibitors that already are in the market.

Get more from the symposium by attending our optional, eight-hour seminar, “Social Security, Medicare and Prescription Drug Retirement Benefits: What Every Baby Boomer Needs to Know Now,” at the same location on Friday, Nov. 8.

Register for Symposium | Register for Optional Seminar | View Sponsor List | View Brochure

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

to the top

Barry Melancon to Keynote University of Florida Accounting Conference
Nov. 7-8, 2013

For the 75th anniversary of this conference, we invited AICPA President/CEO Barry Melancon to kick off the agenda.

Keynote Address: State of the Profession (1 TB)
Barry C. Melancon, CPA, CGMA
President & CEO / AICPA
New York, N.Y.

Melancon will provide an overview of the key forces that are driving change for the CPA profession, today and in the future. He also will cover AICPA initiatives focused on supporting CPAs in this ever-changing profession.

Do you need Accounting & Auditing CPE credits? This conference gives you the chance to earn up to 12 A&A credit hours when you take the bonus “Peer Review Q&A” session during lunch.

Stick around after the conference for a weekend of fun at the Gator Growl, Accounting Tailgate and Homecoming Game with your fellow fans!

Register for Conference | View Agenda | View Brochure

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

to the top

CFP® Credit at Tax & Financial Planning Conference
Nov. 21-22, 2013
Ft. Lauderdale

Only 31 percent of American families have created a comprehensive financial plan.

To CPAs and Certified Financial Planners, that means that there are plenty of potential clients who can benefit from your expertise. Speakers at this year’s Tax & Financial Planning Conference will share insight into:

  • The latest legislation affecting your practice
  • The Supreme Court decision on DOMA
  • International estate planning
  • Handling the IRS appeal
  • Sophisticated investment vehicles
  • Health savings accounts
  • And more!

Are you looking to earn CFP® credit? The Certified Financial Planner Board of Standards has approved 12 hours from the Tax and Financial Planning Conference for CFP® credit approval, including:

  • Advanced Election Considerations for Form 1040
  • Due Diligence for a Business Sale – What to Expect and What it Means
  • Federal Income Tax Update
  • Fiduciary Accounting Update
  • Handling the IRS Appeal
  • Recent Developments in Transfer Tax Planning
  • Sophisticated Deferred Comp Planning Including IRAs
  • Update on S Corporation Issues
  • What You Should Know About International Estate Planning

Don’t miss your chance to earn the CPE and CFP® credits you need – register today!

Register for Conference | View Agenda | View Brochure

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

to the top

Tech Tip
How well do you know Excel PivotTables?

Take this test and find out now!


  1. How can you get a PivotTable to automatically include new rows or columns added to your data source located on another worksheet?
  2. How do you prevent your PivotTable from reformatting upon each refresh?
  3. How do you merge multiple columns of PivotTable descriptions into a single hierarchical column?
  4. How do you rearrange the order of PivotTables columns?
  5. How do you add a new calculated column to a PivotTable?


  1. Convert your data source to a table. It then will expand dynamically as new data is added, and so will your PivotTable.
  2. Select PivotTable Options. From the Layout & Format tab, check the box labeled Preserve cell formatting on update and uncheck the box labeled AutoFit column widths on update.
  3. From the PivotTable Tools tab, select Design, Report Layout, Show in Compact Form.
  4. Click and drag them to the desired order (by clicking on the edge of the column title’s cell).
  5. From the PivotTable Tools tab, select Analyze, Fields Items & Sets, Calculated Field.

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?

Look for the next issue of FICPA NewsFlash Nov. 14, 2013.

Comments or Suggestions?

We are interested in your comments or suggestions. Please email

LAST UPDATED 10/30/2013