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NewsFlash March 6, 2014
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2014 Florida Legislative
On March 4, the regular session of the 2014 Florida Legislature began. During the Session – which runs for 60 calendar days – almost 2,000 bills will be filed for consideration. For many of the bills, about the same number of amendments will be filed. Your Governmental Affairs team is actively monitoring and engaged in issues of importance to the profession.
If you’re interested in updates specific to political activity and the Session, register to receive our IMPACT newsletter by emailing firstname.lastname@example.org. Please include IMPACT in the subject line.
More information about legislative issues: Rivers Buford, FICPA Director of Governmental Affairs | (800) 342-3197, Ext. 203 | (850) 224-2727, Ext. 203 | email@example.com
Bring Out the Leader in You
FICPA committees provide an excellent opportunity to network with your peers and play an influential role in shaping the future of your profession.
Your Copy of FCT is on the Way!
The March/April 2014 issue of Florida CPA Today (FCT), the FICPA’s award-winning magazine, is in the mail to members. This issue has information to help members prepare their firms for the future. Included is an article about office-workspace design and a cover story about generational management and “next practices.”
The issue also highlights the FICPA’s Young CPAs (YCPAs). Read about their February meetings with legislators at the Florida Capitol, and about Dena Harrison’s recent experience at the AICPA Leadership Academy. And don’t miss the information about this year’s Mega CPE Conference at Disney’s Contemporary Resort in Lake Buena Vista/Orlando!
Thank you for your FICPA membership, and happy reading!
What’s Hot on FICPA Connect
To provide members with a place to communicate and collaborate with fellow CPAs from throughout the state, the Institute has launched FICPA Connect. Your member login now grants you access to hot-topic discussion forums, group resources, personal blogs and more that help you get the answers you need.
Here are some of the most popular current threads on FICPA Connect. Join these and other discussions by logging in to connect.ficpa.org with your website member credentials*.
FinCEN Form 114, Report...(FBAR)
Client’s only foreign investment is a State of Israel Bond held through Computershare…[Read More]
Pension Plan Contribution Payment v. Filing an Extended Return
Does anyone have a definitive answer as to whether it is acceptable to prepare and file…[Read More]
Just food for thought. The IRS has numerous revenue agents “Auditors” that are CPAs…[Read More]
FASB Endorses GAAP Alternative for Lease Arrangements
FASB has voted to endorse a GAAP alternative initiated by the Private Company Council (PCC). The alternative will exempt private-company lessees from a requirement to consolidate variable-interest entities (VIEs) in common-control leasing arrangements.
The exemption will be allowed only if:
FASB’s endorsement means the exemption will be written into GAAP. It is scheduled to be issued in late March. Private companies that elect the alternative will be required to apply it to all current and future lessor entities under common control that meet the criteria for applying the approach.
NASBA Calls for Proposals for Accounting Education Research Grants Program
The National Association of State Boards of Accountancy (NASBA) announces the 2014 Call for Proposals for its Accounting Education Research Grants Program.
Proposals must be submitted electronically. The submission deadline is April 7, 2014 at 11:59 p.m. CST. Applicants are encouraged to submit proposals in advance of the deadline. Grant recipients will be announced May 16, 2014.
Email questions about the submission process to firstname.lastname@example.org.
CPAs in Industry Conference
Don’t miss your chance to get the CPE you need at the CPAs in Industry Conference. Join us in Tampa or Ft. Lauderdale March 20-21, 2014 and take your career to new heights with 17 hours of high-quality CPE. As a CPA, you know how important it is to stay on top of late-breaking developments. Learn top tips from some of the most influential people in accountancy.
This conference is the perfect mix of CPE and networking to support your varied needs. No matter what your specialty is, we have the sessions you need to meet your requirements.
Take a look at these great sessions:
Register before March 10 and save even more with our Early Bird Pricing. Don’t miss your chance. Seats are going fast!
Health Care Industry Conference
Federal agencies release new guidance for the Patient Protection and Affordable Care Act (PPACA) practically every week.
The 2014 FICPA Health Care Industry Conference prepares you for the changing market with sessions covering the employer perspective on health care reform, the changing role of the CFO and more. The chance to earn up to 18 hours of CPE makes it one of our biggest specialized conferences.
Add to your benefit by attending our four-hour ethics course and the two-hour, pre-conference workshop, “Medicare Cost Reporting Reimbursement Strategy,” on Wednesday, April 23.
Attendees Save on Walt Disney World® Resort Tickets
As an attendee for this conference, you have the special opportunity to purchase tickets to Magic Kingdom® Theme Park, Epcot® Theme Park, Disney's Hollywood Studios® Theme Park and Disney's Animal Kingdom® Theme Park at last year's lower prices!
Hurry – these special prices will expire March 21, 2014. To purchase your tickets, register for the Health Care Industry Conference and then call (407) 566-5600.
Take this test and find out now.
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 March 20, 2014.
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LAST UPDATED 3/6/2014