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This conference will be of interest to auditors and CPAs who work with financial statements in both public accounting and private industry
The objective of the conference is to prepare CPAs for the upcoming busy season so that they are up to date on the latest accounting, auditing, and other important standards.
Highlights include presentations by George Victor and Phil Marciano, who have spoken at this conference many times and are recognized experts in accounting and auditing
This conference will be of greatest interest to accountants who work with financial statements in public accounting and private industry.
This session will cover the Quality Management Standards one year later, focusing on how firms have implemented SQMS 1 and SQMS 2 and lessons learned.
The speaker will discuss how practitioners should prepare for their peer review. He will also share insights from some recent peer reviews he has performed.
This session will review recent Agreed Upon Procedures standards for practitioners. It will also highlight recent SSARS standards and remind the audience of the best practices when conducting these engagements.
The speakers will discuss recent accounting and auditing standards impacting the not-for-profit industry.
Orumé Hays, CPA, CGMA is the Founder and CEO of HAYS CPA LLC and currently serves as President-Elect of the New York State Society of CPAs (NYCPA). She has held numerous leadership positions within the NYCPA, including Director-at-Large, President of the Manhattan/Bronx Chapter, and Chair of several committees, including Small Firms Practice Management, Relations with the IRS, and Audit.
With more than a decade of experience in accounting, finance, and business operations, Orumé has advised organizations ranging from small businesses to national and international enterprises. Her expertise spans a variety of industries, including architecture, design, entertainment, event production, food and beverage, healthcare, and hospitality, with a focus on financial management, operational excellence, and strategic advisory services.
An active leader in the profession, Orumé is a member of both the AICPA and the NYCPA and serves on several NYCPA committees, including Financial Accounting Standards, Personal Financial Planning, Not-for-Profit Organizations, and Small Firms Practice Management, where she previously served as Chair. She is also actively involved with the AICPA's Private Companies Practice Section (PCPS).
In addition to her professional and volunteer leadership, Orumé is a former two-term Treasurer of the University of Benin Alumni Association North America, a Certified QuickBooks ProAdvisor, and an Adjunct Lecturer at the Lucille and Jay Chazanoff School of Business at the College of Staten Island (CUNY).
Recognized for her leadership, industry expertise, and dedication to advancing the profession, Orumé is a respected advisor, educator, and advocate for the accounting and finance community.
As the use of Artificial Intelligence is rapidly evolving within the public accounting profession and in private industry, practitioners must stay up to date on the latest technology and be aware of the impact this technology has on work processes such as producing audit and tax workpapers. This session will cover the pros and cons of using this technology and how it has affected the accounting industry. The session will also include brief, practical demonstrations showcasing how AI tools can be applied in real-world accounting firm settings.
This session provides a recap of recent accounting and auditing standards.