U.S. CPAs Show Growing Acceptance of Change from U.S. to International Accounting Standards
The U.S. accounting profession increasingly believes that international accounting standards will be implemented in the U.S. and is beginning to prepare for a change in standards, according to a recent survey conducted by the AICPA.

IFRS Adoption: The First Wave in an Inevitable Tide of Change for All Companies
Author William O’Brien explains why CPAs – including CPAs who do not work with public companies – can no longer bury their heads in the sand, hoping international standards will simply go away. Not only are they here to stay, but the wave of change is coming fast and furious. Follow his 10-step process to prepare.
 

Navigator of the Profession – Randy Paschke, CPA
Randy Paschke is truly dedicated to the accounting profession. As chair of the Wayne State University Accounting Department, he has the opportunity to interact with and mentor the CPAs of tomorrow on a daily basis. In fact, he is spearheading a partnership with MACPA geared toward fully preparing first-year accounting majors to anticipate the requirements – including courses, exams and internships – needed for graduation.

Summing It Up
As we enter the New Year with anticipation, we also reflect on the successes of the past year. These successes are only possible because of the involvement and support of our members. I’ve assembled some numerical highlights of the year at the Michigan Association of CPAs.

Congratulations Paul MacDonald: 2008 Hall of Fame Winner
New National PSAs Urge Americans Age 25 - 34 To “Feed The Pig”
Tough Times Call for Serious Succession and Talent Management Planning

FASB and GASB Pronouncements
PCAOB Issues Staff Audit Practice Alert on Audit Considerations In the Current Economic Environment

Taxpayer Awareness – MACPA Helps Protect Michigan Citizens
IRS Steps-Up Enforcement of EITC Claims
Michigan Treasury Issues RAB, Changing Policy for Tax Audits

State Board Column: What to Expect if Someone Files a Complaint Against Your CPA License
House, Senate Rush Laundry List of Bills to Governor
Thank You to All 2008 PAC and PEF Contributors! (Is Your Name on This List?)
Ethics Q&A: Electronic Record Storage… The Future is Today
MACPA PAC Expecting Big 2009-2010 Election Cycle
New Web Site Provides Option for Meeting Peer Review Submission Requirements
Newly-Elected State Representatives to Take Office

Industry Professionals – CPE Mega Conference Designed Specially for You

Save the Date for the Spring Members Advisory Forum
In Memoriam
Scholarship Application Due Jan. 30: Financial Assistance is Here – Complete Your Education Worry Free!
Controllership Task Force: We Want You!



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