|
Operations
Division |
|
*009 |
Committee
on Committee Operations The Committee on Committee Operations
(“COCO”) provides oversight of committee structure and
operations for all committees of the NYSSCPA except for certain committees
in the Operations Division. It recommends policies, sets procedures
and reviews recommendations for creation of new committees. Those
who should join include chairs of all oversight committees, former
chairs of committees as well as current and future leaders of the
NYSSCPA. |
|
019 |
CPA Journal Business Activity This committee provides guidance
regarding the publishing operations of the Society’s magazine.
Members share expertise in business operations, magazine finance,
and the print and publishing industry. |
| T801 |
Mediation
and Arbitration The committee promotes among members the utilization
of mediation and arbitration techniques for dispute resolutions. |
| 014
|
Members
Insurance This committee represents the members’ interests
with respect to member insurance benefits. It reviews proposals submitted
for new membership insurance programs and selects those that will
provide value-added savings and coverage for members. It analyzes
brokers’ performance in the provision of insurance products
for membership. |
|
015 |
Membership
The committee is responsible for identifying and coordinating the
Society’s efforts toward increasing and retaining membership,
and to assure that services are provided by the Society, which will
maximize member involvement. Those who should join are members dedicated
to improving the Society and furthering the goals of the committee. |
|
*907 |
Peer
Review (+) This committee’s mission is to implement the
peer review program established by the Peer Review Board of the American
Institute of Certified Public Accountants (“PRP”) in New
York State. |
|
*017 |
Professional Ethics (+) This committee is a standing committee
of the Society created under Article XI of the Bylaws. Its authority
and jurisdiction are defined in Article XII of the Bylaws. |
|
961 |
Professional Liability Insurance The committee reviews and
analyzes the Professional Liability Insurance (PLI) market in New
York and oversees the Society’s endorsed PLI program. |
| 300 |
Public
Relations This committee promotes the CPAs changing role, establishes
press relations, identifies timely and relevant positions and responds
to them through the press, and develops relationships with journalists
that keep the Society on top of breaking and developing stories. |
|
Accounting
and Auditing Division |
| Accounting
and Auditing Oversight Committee (^500) The audit and accounting
division serves the NYSSCPA as the body that studies and researches
all pronouncements regarding auditing and accounting. The division
responds to all exposure drafts, which impact New York CPAs. The division
also studies emerging issues, provides conferences on relevant subjects,
and serves as advisors to members and staff. In this division you
will find individual CPAs with specific talent and experience in all
areas of auditing and accounting. |
|
T*501 |
Accounting
and Review Services A technical committee that is a resource
to NYSSCPA members regarding accounting and reporting issues as they
pertain to compilation and review services for non-public entities.
Those who should join are members who have an interest in or desire
to increase their knowledge in accounting and review services. |
|
T*505 |
Auditing
Standards and Procedures The Auditing Standards and Procedures
Committee is responsible for commenting on AICPA Auditing Standards
Board Exposure Drafts and answering other auditing inquiries from
other authoritative bodies. This committee is also responsible for
developing educational programs on general auditing topics, encouraging
members to write auditing articles for The CPA Journal, answering
inquiries on auditing from members and performing any other audit
related task as requested by the NYSSCPA. This committee is comprised
of CPAs’ mostly from small to medium sized firms with some national
firm representation. The members have the opportunity to use the committee
as a “sounding board” for auditing issues they encounter
in their own practices. They also have the opportunity to participate
in standard setting through the committee’s responses to Exposure
Drafts and the annual meeting with the ASB Emerging Issues Task Force. |
|
T*511 |
Financial
Accounting Standards The committee is responsible for preparing
response letters for the Society to proposals from the Financial Accounting
Standards Board (FASB), Accounting Standards Executive Committee (AcSEC)
of the AICPA and the International Accounting Standards Board (IASB).
The committee encourages discussion of current accounting developments
through discussion of technical inquiries, joint activities with industry
committees and meetings with representatives from the FASB and AcSEC.
Membership is open to all NYSSCPA members who express interest in
the committee and are willing to spend the time necessary to answer
inquiries, respond to Exposure Drafts and help develop and conduct
education programs. |
| T
537 |
Global
Accounting and Auditing The
objective of this committee is to have a more informed membership,
and contribute our voice to the formulation of international standards
and policy. This committee focuses on the accounting by and auditing
and regulation of foreign entities whose financial statements are
used in the US (these entities include the foreign subsidiaries or
affiliates of a US entity); the accounting and reporting on financial
statements prepared for use in other countries; and the process of
harmonization and convergence of accounting and auditing standards
around the globe. |
|
T 513 |
Government
Accounting and Auditing The objective of this committee is to
identify and respond to issues related to government accounting and
auditing. This committee also prepares and reviews articles on technical
subjects relating to government accounting and auditing that may be
used for publications or reference by the Society such as The CPA
Journal and the Trusted Professional. The committee also
maintains advisory services to the Society’s members by responding
to individually written, telephone and internet inquiries not requiring
research. This committee also maintains liaison between the Society
and both governmental and non-governmental organizations related to
government accounting and auditing. |
|
T*525 |
SEC
Practice This committee focuses on securities regulation and
the accounting, disclosure and reporting required of all registrants
in every industry. The committee holds an annual SEC-FASB Conference
and other technical sessions, reviews significant SEC enforcement
actions, and responds to SEC proposals that directly affect accountants
in public practice and private industry. Those who should join are
members who have experience or are involved with SEC accounting and
auditing, want to be up-to-date with SEC and professional practice
matters, and want to actively participate in committee meetings and
Society affairs. |
| T
601 |
Technology
Assurance
The Technology
Assurance Committee is a group of CPA's interested in technology assurance
that work for professional service firms, private industry, academia
and government, and includes sole practitioners. The committee identifies
and discusses technology assurance issues related to services that
CPA's provide to their clients and employers. It presents a series
of seminars open to Society members and the general public on important
issues affecting technology assurance, maintains a page on the Society’s
web site with information about the committee and its members, featured
articles, seminars, web site of the month, and other information.
It submits relevant articles to the Society's publications and provides
comment on accounting or auditing standards dealing with technology
issues. Members who join the committee can expect to increase their
reputational capital by being recognized as technology assurance leaders
and increase their human capital by expanding their theoretical and
practical knowledge. |
|
Consulting Services Division |
| Consulting
Services Oversight Committee (* 600) The oversight committee
forwards critical feedback and /or requests for assistance from the
Society as needed and ensures that its subordinate committees fulfill
the requirements of their Committee Action Plans. It provides critical
information that may affect members serving on the respective committees,
receives frequent updates from its committees at its bimonthly meetings
and provides guidance or assistance to committee chairpersons as needed.
|
|
T 516 |
Bankruptcy
and Financial Reorganization The committee serves to recognize
and respond to the needs of the members of the Society in all areas
of accounting, auditing, taxation and consulting, in the specialized
areas of bankruptcy, restructuring and workouts. It provides technical
guidance to members through seminars, meetings, articles and programs,
and maintains a member advisory service by answering written and telephonic
inquiries not requiring research. It also reviews articles on technical
subjects and governmental regulations, reviews and develops positions
on exposure drafts issued on matters relating to the areas within
the scope of the committee and maintains a liaison between the Society
and industry, government and other organizations. |
|
T 607 |
Business
Valuation The committee serves as a resource for information
on the current and evolving techniques and methodologies available
for various business valuation purposes. It sponsors a conference
and other educational programs, holds technical presentations, addresses
proposed accounting rules and has a technical response subcommittee
to assist members with business valuation issues. |
|
T 606 |
Information
Technology This committee focuses on the management of information
technologies as related to real world solutions for business processes.
It provides a forum for members to discuss the application of new
and existing information technologies to businesses and the profession. |
|
T 533 |
Litigation Services - The mission of the committee is to educate
and advise NYSSCPA members on litigation services, fraud and forensic
accounting. The educational effort is achieved through conferences
and articles. The committee meets monthly in an effort to identify
current issues in fraud and litigation services. These current issues
are discussed and presented by leaders in the field and frequently
become the topics for articles and conferences. The leaders are attorneys
and litigation product specialists. Areas covered include internet
fraud, IP litigation, NASD arbitrations, expert witness training and
litigation databases. |
|
T 602 |
Management
Tools and Techniques The committee serves to enhance members
knowledge and usage of existing and future decision support and management
techniques such as Strategy Development, Benchmarking, Target Costing,
Activity Based Management, Competitive Analysis, Knowledge Management,
Balanced Scorecard, Value Chain Analysis, Forecasting Methods, Scenario
Analysis and Financial Modeling. It coordinates with the Technology
Assurance and Information Technology committees on the use of technology
in the application of these management techniques and systems for
organizations and clients. |
|
Future of the Profession Division |
| Future
of the Profession Oversight Committee (*4000) The committee
is responsible for identifying and coordinating the Society’s
efforts toward maintaining the profession’s uniqueness in a
changing environment. This includes identifying demographic trends
and practice opportunities. We determine emerging issues and appropriate
responses through the use of standing committees and taskforces. The
committee oversees, assists and evaluates those committees and coordinates
with other divisions within the Society. Committee membership is limited
to those with prior active committee service. |
|
4002 |
Diversity
of the Profession The committee is to promote awareness and
resolution of various issues with a focus toward improving recruitment
and retention. The committee explores the diversity of services, skills,
cultures, genders, work/life balance and viewpoints offered in the
profession. |
|
* 010 |
Furtherance
This is a forward-looking committee to identify future issues and
future effects of current issues impacting the profession. |
|
985 |
Higher
Education The committee develops recommended curriculum for
future CPA's and provides liaison with representatives from higher
education. |
|
2003 |
Large
and Medium-Sized Firms Practice Management The committee provides
a forum to discuss and exchange information on issues facing large
and medium sized firms in today’s environment. Meetings include
regularly scheduled technical presentations on topics of interest
to professionals associated with large and mid-size practices. |
|
092 |
Managing
Partners Provides a forum for firm leaders to discuss and exchange
ideas on common issues in the profession. |
|
309 |
Promoting
CPA Careers The committee serves to encourage bright, creative
and motivated young people to become CPAs. It develops programs to
provide information about the profession to high school students and
their teachers and acts as a liaison with educational institutions
in recruiting students for college accounting programs by disseminating
information about the accounting profession and its many challenges
and career opportunities. The Committee also makes its resources available
to Chapters that offer similar programs on a local level. |
|
978 |
Scholarship
The committee reviews applications and administers scholarship funds
for the Society. |
|
2005 |
Small
Firms Practice Management The committee provides a forum to
discuss the unique issues facing smaller firms in today’s environment.
Meetings include guest speakers on topics relevant to small firm practice
management. |
| Industry
Division |
| Industry
Oversight Committee (^ 3000) - The oversight committee provides
guidance on matters relating to members who are not in public accounting,
including industry, government and education; and to the specialist
industry committees of the Society, which include both practicing
and non-practicing members. It identifies the needs of members in
industry and ensures the Society will provide such members with the
services and information required to expand their skills in a dynamic
business environment. The committees in the division sponsor conferences
and seminars to support specific industries and also hold sessions
that qualify for CPE, to which all members in industry are invited. |
|
T 504 |
Apparel
and Textile To provide a forum to help members in industry and
public practice regarding current and emerging issues affecting the
apparel and textile industries. Invites industry related speakers
to discuss relevant and emerging topics at monthly committee meetings
and sponsors an evening technical session on industry-related topics.
The committee provides membership a consulting service by answering
industry related accounting, auditing and tax inquiries not requiring
research. The committee is designed for practitioners serving the
apparel and textile industry in public accounting, finance and corporate
capacities. |
|
* 301 |
Bankers
and Other Credit Grantors The goal of this committee is to create
and maintain the relationship between NYSSCPA members and area bankers
and other credit grantors. Those who should join are members who either
have contacts with or wish to make contact with bankers or other credit
grantors. Being on this committee provides the members with the opportunity
to make many career-enhancing contacts. The committee sponsors an
annual golf/tennis outing and holds breakfast sessions with outside
speakers. |
|
T 506 |
Banking
This committee is a resource of the NYSSCPA membership regarding
developing accounting, financial reporting and related business issues
for the banking industry. Those who should join are members of the
Society in the banking industry as well as those in private practices
that audit or provide advisory services to the industry. In addition,
CPA’s from various regulatory agencies are drawn to this committee. |
|
T 536 |
Chief
Financial Officers The mission of the committee is to provide
and develop a forum for NYSSCPA members who are senior financial executives
in industry (CFO’s, Controllers, VP’s of Finance), where
they can meet and exchange ideas and knowledge. The committee holds
regular meetings that offer the opportunity to network and exchange
ideas and hear speakers cover topics that are relevant to senior financial
executives in industry. It also represents and promotes the views
of senior financial executives in industry to the leadership of the
Society. The committee develops an annual conference and other events
with the dual purpose of providing useful CPE to senior financial
executives while creating awareness of the committee and its benefits
to members in industry. |
|
312 |
Community
Business, Cooperation with The committee’s mission is
to increase the visibility of the CPA professional and to offer insight
to the public on the diverse impact the CPA can have on small businesses.
The committee will accomplish this through a series of outreach programs
including seminars, media placements and the Internet. |
|
T 507 |
Construction
Contractors The mission of this committee is to be a resource
to members in private and public practice through educational programs,
committee membership participation and networking activities. This
committee provides a forum for information exchange, legislative agendas
and has outside speakers at committee meetings. The committee responds
to industry exposure drafts, technical inquiries and holds an annual
construction conference. Committee members should have basic knowledge
and interest in the construction industry encompassing accounting,
tax, auditing, and consulting. |
|
T 508 |
Entertainment
and Sports This committee is a resource to the NYSSCPA members
regarding emerging and on-going accounting, tax, business issues and
trends relevant to the entertainment and sports industries. The committee
provides a forum for members representing talent to exchange ideas
and information. Provides a liaison between members and the Internal
Revenue Service (the special task forces and divisions that exist
to deal with taxpayers in our affected industries.) Monitors federal
and state legislation relating to the tax laws that affect the businesses
of entertainment and sports. Organizes an annual conference and technical
seminars, comments on relevant exposure drafts, and field’s
technical questions from members and the press. Members who have expertise
in or who desire to expand their knowledge in the area of entertainment
and sports should join. |
|
T 514 |
Health
Care This committee is a resource to NYSSCPA members regarding
emerging accounting, reporting, reimbursement and tax issues for the
healthcare industry. The committee addresses technical questions from
members, provides liaison with government agencies - in particular
the NYS Department of Health and Social Services - and monitors federal
and state legislation relating to healthcare accounting and reporting
matters. Those who should join are members of all categories who have
expertise in or who desire to increase their knowledge in the healthcare
industry. Committee members author articles for The CPA Journal
and The Trusted Professional, coordinate annual conferences,
provide input to those who make policy decisions regarding regulations,
accounting principles and reporting matters. |
|
T 515 |
Hospitality
The committee produces seminars to update the Society members on
current practices, issues and trends in the hospitality industry and
provide members with a chance to network with other hospitality professionals.
It promotes interaction and idea sharing between members of the committee
and Society members interested in hospitality and the committee answers
members’ technical inquiries regarding the hospitality industry. |
| 3001 |
Legal
Community, Relations with the
It establishes
formal relationships with the New York State Bar Association and the
Association of the Bar of the City of New York and provides for member
interaction with the NYSBA Steering Committee on Commerce and Industry.
The committee also comments on legislative proposals, recommends positions
on multidisciplinary issues to the NYSSCPA Board and Executive Committee,
assists members of the legal community, including the judiciary, to
better understand the roles of the accountant and auditor and the
services offered by the CPA profession, interacts with the National
Conference of Lawyers and CPAs and assists NYSSCPA chapters in arranging
networking events with lawyers. |
|
T 520 |
Not-for-Profit
Organizations The mission of this committee is to be a resource
to the membership of the Society for accounting issues affecting not-for-profit
organizations; to provide leadership in implementing and understanding
new standards and interpretations through education; and to serve
as liaison between the Society and industry, government and other
related organizations. The committee serves as a means to address
and resolve compliance issues with the Charities Bureau, prepares
and reviews articles on subjects related to not-for-profit issues
and provides a means to respond to exposure drafts related to not-for-profit
accounting. |
|
T 521 |
Public
Schools The committee’s mission is to recognize the Society’s
professional policy role and their call to the profession to adhere
to the highest ethical standards, while demonstrating commitment to
public and social responsibility. The goal is to use a proactive and
coordinated approach to address public schools accounting and auditing
issues, including the delivery of continuing education and the development
of technical standards that enhances the quality of service the public
receives, while meeting our obligation to serve the public and the
profession at the highest possible level. The committee’s method
of delivery fosters a working partnership between the Society and
other state and local agencies responsible for setting policy and
regulation, for addressing practical implementation, and providing
continuing education in all related practice areas. |
|
T 522 |
Publishing
and Printing The committee serves as technical resource for
publishing related topics and issues for members as well as other
interested parties and it sponsors an annual publishing conference.
The committee has been comprised of professionals from magazine, book
and newspaper publishers and auditors with expertise in all three
industries. The committee has also moved into areas of multimedia
and new media. |
|
T 523 |
Real
Estate The committee initiates the identification of emerging
professional issues and prepares, reviews and responds to articles
and exposure drafts that cover matters related to the real estate
industry. It develops the program for the annual real estate conference
and maintains a consulting service for members by responding to inquiries
not requiring research. |
|
T 527 |
Stockbrokerage
This committee’s goal is to be a resource of NYSSCPA members
regarding developing accounting, financial reporting and related issues
for our industry. The committee provides technical, educational and
networking activities, monitors new accounting rules or legislation
related to the industry and interacts with regulatory bodies such
as the Securities and Exchange Commission, New York Stock Exchange
and NASDAQ. Those who should join are members who have expertise in
or who desire to increase their knowledge in the stockbrokerage industry.
|
|
Tax Division |
| Tax
Division Oversight Committee (^ 400) The objective of this oversight
committee is to guide the supporting committees in this division and
to ensure that they provide integrated coverage of all areas of taxation
for the benefit of the members of the Society. It assists committees
on direction and helps them to increase participation and satisfy
their members’ needs. It also provides guidance to committees
on emerging tax issues and in preparing Society comments on proposed
legislation. |
|
T 403 |
Closely
Held and S Corporations The committee provides a discussion
forum and dissemination of information to members with respect to
specific sections of Internal Revenue Code and related state laws
dealing with closely held and S corporations. |
|
T 402 |
Consolidated
Returns, Affiliated and Corporations The overall objective of
the committee is to be responsible for all developments relating to
the filing of consolidated returns for related, affiliated and controlled
groups of corporations. It broadens the knowledge of the members of
the committee and the Society and to addresses technical issues/developments
in the consolidated return area on behalf of the Society. The committee
sponsors an annual CPE presentation on consolidated return issues,
and conducts annual joint technical sessions with other technical
committees, such as the Mergers and Acquisitions Committee. It prepares
and encourages articles for The CPA Journal and The Trusted
Professional and provides guidance to the Society on consolidated
return reequirements and tax policy matters, and responds to member
questions. |
|
T 424 |
Employee
Benefits Provides a discussion forum for dissemination of information
to members with respect to specific sections of Internal Revenue Code
and related state laws dealing with employee benefits. The committee
also sponsors an annual conference. |
|
T 407 |
Estate
Planning This committee provides a discussion forum for dissemination
of information to members with respect to specific sections of Internal
Revenue Code and related state laws dealing with the transfer tax
laws and the planning techniques and strategies available today. The
Estate Planning committee consists of CPAs who may also be attorneys,
CLU’s, ChFC’s, or PFS’s, who practice at the forefront
of estate planning in the U.S. today. The mission is to continue to
educate ourselves, our clients and the general public about the transfer
tax laws and latest planning techniques and strategies available today. |
|
T 408 |
Exempt
Organizations The committee provides a forum for members to
analyze, discuss and comment on federal and state tax and regulatory
laws as they affect tax exempt organizations, including public charities,
trade associations, private foundations and other charitable trusts.
The committee develops formal educational programs for Society members
and maintains a member advisory service by answering individually
written and telephone inquiries from members. It also prepares and
reviews articles on technical subjects related to exempt organizations,
reviews proposed legislation and regulations in the exempt organization
field, so that the Society may make appropriate comment to federal
and state tax policy makers, and maintains liaison between the Society
and federal and state governmental organizations. |
|
T 409 |
Income
of Estates and Trusts This committee serves as a resource to
the NYSSCPA members regarding emerging estate and gift and income
taxes and fiduciary accounting. The committee provides technical,
educational (conferences and seminars) and networking activities for
the members of the Society. The committee monitors federal and state
legislation relating to transfer and income tax matters, provides
the opportunity to comment upon exposure drafts for new standards,
pronouncements and reimbursement issues as well as implementation
and interpretative guidance. All categories of members who have expertise
in or who desire to increase their knowledge in the trusts and estates
field should join. |
|
T 410 |
Internal
Revenue Service, Relations with The committee works closely
with IRS District and Service Center offices and attempts to identify
ways to simplify and reduce the tax compliance burden. Various meetings
are held with IRS representatives to explore issues and matters. It
staffs a member hotline to answer IRS Practice & Procedure questions
and publishes IRS procedural articles for The CPA Journal and
an IRS directory listing key IRS office locations, personnel and their
respective phone numbers. Members who are tax professionals in public
or private practice, government or education who have an interest
in and are involved with Internal Revenue Service matters are likely
to find serving on this committee an interesting, enlightening and
rewarding experience. |
|
T 411 |
International
Taxation The committee serves as a resource to NYSSCPA members
regarding cross border tax issues. Provides technical assistance,
educational programs and networking activities. Monitors Federal and
State legislation and regulations relating to cross border tax issues
including reporting obligations. Provides a format for commenting
on pending tax laws and regulations affecting cross border tax issues.
Committee provides opportunity to grow in knowledge in the international
tax area. |
|
T 404 |
Mergers
and Acquisitions The objective of this committee is to provide
a dynamic forum in which Society members can discuss and analyze emerging
transactional tax issues as they relate to mergers and acquisitions.
Society members or associate members that are interested in establishing
or enhancing their knowledge and network base in the challenging realm
of transactional tax consultation should join this committee. Prior
professional or education experience in this field in not required. |
|
T 413 |
New
York State Municipal and Local Taxation The committee fosters
a relationship with the Commissioners and officials of various tax
departments, and maintains an open line of communications. It provides
technical assistance and disseminates information to the members through
education programs, answering telephone questions and writing articles.
The committee also proposes and reviews legislative and regulatory
changes in the current tax laws and procedures to simplify State,
City and local taxation. |
|
T 415 |
Partnerships
The committee explores, analyzes and educates members on issues
affecting partnership and limited liability companies, and their partners
and members, including tax law changes, planning strategies, compliance
issues and client problems. The committee is open to all practitioners
interested in broadening their knowledge base and meeting experienced
professionals in the partnership area. In addition, the committee
answers technical questions from members by e-mail communications
among committee members and sponsors evening technical seminars. |
|
T 605 |
Personal
Financial Planning A professional forum where members of the
committee exchange ideas about current personal financial planning
(PFP) issues that they are facing such as issues of a technical nature,
concerns with licensing and ethical matters. The committee sponsors
two full day annual conferences and publishes in The CPA Journal.
Members of the Society who provide PFP services to their clients should
consider joining along with those who are considering developing a
PFP practice or an investment advisory practice. |
|
T 425 |
Taxation
of Financial Products The committee reviews and discusses the
tax implications of new and existing financial products that would
include debt, equity, and derivative securities. It examines developments
as they affect taxation of financial products such as legislative,
regulatory and administrative developments and judicial cases. The
committee sponsors education programs, monitors legislation, liaisons
with government agencies, holds guest speaker sessions and writes
articles for The CPA Journal. |
|
T 421 |
Taxation
of Individuals The committee provides current information to
its members with respect to tax law changes, compliance procedures
and planning alternatives as they relate to the taxation of individuals.
It sponsors education programs, holds technical presentations at meetings,
writes articles for The CPA Journal and assists members of
the Society with technical inquiries. |
