Alabama Society of CPAs View in Browser August 2015

NEXT WEEK: CPE Clusters in Rocket City
Monday, August 31st, the ASCPA has the following classes lined up to meet at the Huntsville Marriott near the U.S. Space & Rocket Center. Click on the following titles for more information, to register online, or contact our CPE team at 334.834.7650 to get more information.
See what's coming to a city near you here >>
Mark Your Calendars to Visit Auburn on September 11th
Mark your calendars and register today for these A&A and tax classes coming to Auburn on Friday, September 11th. Don't forget to mention the Summer Savings you earn when you call in or register via fax for 3 or more classes (savings can be earned on ALL CPE seminars when you register for 3 or more).
Didn't find what you need? Search the CPE catalog here >>
Auditing Standards, SSARS 21, Internal Controls & Fraud Prevention, and Cyber Security at FAAC 2015
Join us next month, September 25th, at Auburn University at Montgomery for our 23rd Annual Financial Accounting  & Auditing Conference. Michael Glynn, CPA with the AICPA, and Tommy Stephens, CPA, CITP, CGMA from K2 Enterprises will lead you through these timely topics.

Morning Sessions   
8:00 a.m. - 8:10 a.m.  Opening Comments from the School of Accountancy at Auburn University at Montgomery 
8:15 a.m. - 11:35 a.m.
(Break - 10:15 a.m. - 10:30 a.m.)
SSARs 21 Update and Update on Auditing Standards
with Michael Glynn, CPA, AICPA 
Luncheon  
11:35 a.m. - 1:00 p.m.  Luncheon with Comments from Auburn University at Montgomery and the ASCPA 
Afternoon Sessions  
1:00 p.m. - 4:15 p.m.
(Break - 2:45 p.m. to 3:00 p.m.)
Internal Controls & Fraud Prevention and Cyber Security
with Tommy Stephens, CPA, CITP, CGMA, K2 Enterprises

Register now to save your seat and prepare to earn up to 8 hours of education >>

Save the Date: ASCPA Educator Conference
Hit your target at the ASCPA Educator Conference! Plan to join us at the ASCPA office on Friday, October 9th from 10:00 a.m. to 3:00 p.m. Look for more details in upcoming #ALcpasuccess newsletters. Contact Diane Christy at dchristy@ascpa.org for more information >>
"As a Young CPA, you want to prove yourself..." - How to Reduce Stress at Work
Being a CPA is a great job but can also be a stressful one sometimes. Young CPAs, in particular, juggle multiple tasks at different stages of completion, often for multiple bosses. Busy season’s tight deadlines and revolving-door work flow heighten the pressure. 

“As a young CPA, you want to prove yourself, mostly to your superiors,” said Edward Bysiek, CPA, who owns a public accounting practice in western New York that specializes in financial statement assurance services for the not-for-profit sector. That can be difficult, he said, “especially if clients are uncooperative and the work itself is challenging.”

Managing a busy workload and multiple priorities can be stressful no matter which generation you belong to, but young professionals have unique pressures, said Kimberly Ellison-Taylor, CPA, CGMA, executive director of public sector industry solutions for Oracle Americas in Annapolis Junction, Md. It can be especially stressful when well-established teams are in place, but getting to know your office mates at lunch or work gatherings can help. See Ellison-Taylor, Bysiek, and other experts strategies for reducing stress here >>
The ASCPA is Taking a Roadtrip - Save These Dates
Join us as the ASCPA tours the state of Alabama with ASCPA Chairman, Dr. Lowell Broom, and Society Staff. We will visit your local chapter to discuss the state of the society, what we can do as members, and what we can look forward to in 2016 from the ASCPA and the CPA profession. 

Chapter Date 
East Alabama 9/17/2015
Montgomery 9/24/2015
Northeast 10/15/2015
South Central Alabama 10/30/2015
 Tuscaloosa 11/12/2015 
 Wheeler Basin 11/18/2015 
 Southeast Alabama 12/16/2015 
 Huntsville 1/21/2016 
 North Alabama  1/21/2016

Updated information and details will be sent out via email, published in the magazine, and appear in the #ALcpasuccess newsletter. We look forward to visiting your chapter soon.
Upcoming Chapter Events
Chapter Date  Click for Details 
Wheeler Basin 8/26 Annual CPE  Day - 8 HRS of A&A
Mobile 9/23 Don Farmer Federal Tax Update Seminar
Birmingham - SAVE THE DATE 9/24 Birmingham Financial Alliance Social
Birmingham 9/25 2015 A&A Event with Bruce Nunnally

Need to make an announcement for your next chapter meeting or special event? Contact Shanna Jackson at sjackson@ascpa.org.
New Tax Due Dates Create More Logical Information Flows
On July 31, President Obama signed into law a short-term highway funding extension that contained important due date modifications for several common tax returns, including partnerships and C corporations. PL 114-41 is the culmination of a longstanding effort by the AICPA and state CPA societies to eliminate the awkward chronology for many returns. 

Under the prior due dates, taxpayers and practitioners often had insufficient time to prepare returns because required information from a flow-through business was not available before the taxpayer’s income tax return was due. The idea behind the changes is to have flow-through returns completed before the returns in which the flow-through information is reported for the recipients – in forms 1040 and 1120, for example. Taxpayers and their preparers will now have time to receive and analyze the flow-through information before reporting it in other filings.

Read more and find out what the ASCPA had to say about the new tax dates here >>
Full-Time Accounting Positions at Alfa Insurance Co.
ALFA INSURANCE COMPANY in Montgomery, Alabama seeks to fill two full-time accounting positions. Applicants need a minimum of 1-3 years accounting experience and a bachelor’s degree in accounting from an accredited university. CPA is preferred, but not required. The positions entail detailed financial analysis, preparing journal entries and working in multiple software systems. Applicants must be organized, multi-task oriented, able to follow and apply corporate policies, and have excellent computer skills. The right individual will be a self-starter with the ability to research and resolve issues. Contact Holly Dean at 334-612-5353 or hdean@alfains.com, or submit your resume at AlfaInsurance.com.
CPA Wanted
Rapidly-expanding North Alabama firm needs qualified CPA to share growth opportunities. Minimum of 3 years’ experience with exposure to both audit and tax a plus.  Negotiable salary and benefits.  Send resume to tcochran@ckbusinesssolutions.net.
ascpa
August 25, 2015
In this issue    
Educate
  • NEXT WEEK the ASCPA is in Huntsville with CPE clustered courses.

  • Mark your calendars for these A&A and tax course in Auburn on Friday, September 11th.

  • Michael Glynn, CPA with the AICPA and Tommy Stephens, CPA, CITP, CGMA from K2 Enterprises are BACK for the 23rd Annual Financial Accounting & Auditing Conference.

  • The ASCPA Educator Conference is back this October 9th.
Connect
  • "As a Young CPA,  you want to prove yourself..." Tips on how to reduce stress at work from the AICPA.

  • Save these dates for the ASCPA Roadtrip.
     
  • Gather with your fellow CPAs  in Wheeler Basin, Mobile, and Birmingham for timely topics and networking.
Protect
  • New tax due dates create more logical information flows.
Classifieds
  • Full-time accounting positions at Alfa Insurance Company.

  • CPA wanted for rapidly-expanding North Alabama firm.
Upcoming Events













































Alabama Society of CPAs
www.ascpa.org