07Apr09 (08apr23)

07Apr09
Volume 4, Number 8April 23, 2004www.gscpa.org
 
in this issue:
 

CPE News
Tax Info - New Interest Rate for Pension Funding; Practitioner Phone Forum
MAP Webcasts
CPA Political Candidates
Technology Update
Nominations Sought for GSCPA Leadership Academy
Items to Note: CPE Course Guide Available



 
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www.gscpa.org
E-Sources, a resource for GSCPA members, provides timely information about issues affecting the accounting profession, educational opportunities, and special events. E-Sources is sent on the second and fourth Friday of each month.

To view the online version of this newsletter, please click here.

This issue of E-Sources is sponsored by:
   

 

Think Sunshine, Think Beaches, Think Convention: Busy time of year getting you down? Relaxation is on the horizon at Wild Dunes in June. Mark your calendars now for the 2004 GSCPA Annual Convention, June 20-23. Wild Dunes, on the Isle of Palms outside Charleston, SC, is the place to be to relax, play golf and tennis, and pamper yourself.


CPE News:

Back by popular demand! Nationally recognized valuations authority James R. Hitchner, CPA/ABV, ASA, of the Financial Valuation Group in Atlanta, will present a one-day Business Valuation Workshop (course no. 05702) centered on a case study valuing a closely held business. The course will be held at the GSCPA Training Center on May 10; 8 hours CPE. Through a series of exercises, Hitchner will present the steps necessary to perform a credible business valuation. The course will include information from his two best-selling books, Financial Valuation: Applications and Models and Financial Valuation Workbook.

Jerry Esselstein offers his course on Effective Performance Issues-
Behaviors, Drivers & Measurement
(course no. 05007), May 11 at the GSCPA Training Center; 8 hours CPE. Discuss events over the past decade that have allowed shifts in cultural and societal behaviors within business and gain a better understanding of the "Corporate Performance Standards" necessary for long-term growth and success. Be sure to register today, this will be the only time this course is offered this year.

Do you want to heighten your peer review skills? Leslie Johnson will present Advanced Training Course for Reviewers: Current Issues in Practice-Monitoring (course no. 05005) on May 21 at the GSCPA Training Center; 8 hrs A&A. Enhance your ability to conclude and report peer-review findings for system, engagement and report reviews while learning about changes to the peer-review standards and the risk-based approach to planning a peer review.

For details or to register for any of the above events, go to the CPE Catalog and enter the course number.

Vacation at Callaway and Earn CPE Credit Too: The 2004 Estate Planning Conference (course no. 13000) is July 29-31 at the Southern Pine at Callaway Gardens. CPE, CLU, and CLE Credit will be available. Take advantage of the GSCPA room rates before the cut-off date June 28.


Tax Info :

The Treasury Department and the IRS issued a new interest rate for pension plan funding. The new rate implements the Pension Funding Equity Act of 2004, which President Bush signed into law on April 10, 2004. Under prior law, the pension funding interest rate was based on the 30-year Treasury bond. The Act replaces the 30-year Treasury bond rate with a new rate based on high quality, long-term corporate bonds, as specified by the Secretary.

The Georgia IRS invites you to participate in the first Practitioner Phone Forum Thursday, May 6, 2004; 11:30 a.m. - 12:30 p.m. There will be several forums held throughout the year to keep you informed about what's new at IRS. May's forum topic - Filing Season/Electronic Filing Issues. RSVP, by May 3, to sbse-tec.area3@irs.gov. Call-in information:
Call-in Number - 1-800-720-5846
Chairperson - Victoria Monbeck
Confirmation Number - 23094976
Following the presentation, IRS representatives will answer your questions. Please submit any questions related to these topics in advance, to sbse-tec.area3@irs.gov

Keep current on tax issues by joining the GSCPA Taxation Section.


MAP Webcasts :
The GSCPA's MAP Section is pleased to present the MAP Innovative Solutions Series, a series of educational programming designed to assist firm managers with some of the issues facing accounting firms in today's business world. Each program is designed to provide timely information, analysis, and best practices from some of the leading experts in the accounting profession.
May 13 - Effectively Building Your Pipeline of Leads, Gale Crosley, CPA
May 27 - The Tech-Savvy CPA Firms, J. Carlton Collins, CPA
June 10 - Accountant's Professional Liability: The Past, The Present & The Future,
Ric Rosario, CPA, CFE
July 1 - Succession Planning, Marc Rosenberg, CPA
Each two-hour program will be presented online via a webcast. Participants will be able to submit questions to the speakers by telephone, fax, and email.
 
CPA Political Candidates :


Are you a CPA and running for political office? The GSCPA will list, in the September/October issue of Current Accounts, all CPA members who will be on the ticket in November. This list is not an endorsement by the GSCPA. Please send your information to Betty Breen.

 

Technology Update:


"Safe Records Can Restore Life to Firm After Disaster"
; Chicago Tribune (04/12/04); Ann Meyer - Disasters can put companies out of business quickly, and many small and large firms are taking extra precautions to back up their data, financial information, and other work. While larger firms can hire vendors to store data offsite, many small businesses are strapped for cash. Security experts note that the best defense for small companies is to copy files and place them on a disk that is transported with workers to and from work. This update is sponsored by ADP.

Keep current on IT issues and developments by joining the GSCPA Information Technology Section.

 
Nominations Sought for GSCPA Leadership Academy:


Nominations are being accepted for the 2004-05 class of the GSCPA Leadership Academy. This highly successful program, modeled after "Leadership Georgia", teaches participants leadership skills and expertise that they will use in their firms and communities. Skills taught are unique to the leadership training program. Your future partners should have these skills. You can nominate one or more people.


 

The 2004 Continuing Education (CPE) Course Guide is in the mail. All GSCPA members will automatically receive a copy unless you have requested to only use the online copy. All other CPE attendees (non-members) who took at least 8 hours in 2003 will also receive a copy. If you would like to receive a copy and do not meet the above criteria please email your name and address to Sherie Ledbetter.


Georgia Society of CPAs Atlanta Financial CenterNorth Tower, Suite 400 3353 Peachtree Road NE Atlanta, GA 30326

 


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