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SEC Proposes Roadmap Toward
Global Accounting Standards
On August 27, 2008, the Securities and Exchange Commission announced a
proposed Roadmap that could lead to the use of International Financial
Reporting Standards (IFRS) by U.S. issuers beginning in 2014. Currently,
U.S. issuers use U.S. Generally Accepted Accounting Principles (GAAP). The
Commission would make a decision in 2011 on whether adoption of IFRS is in
the public interest and would benefit investors.
Michigan Association of CPAs
2008 Awards & Recognition
The MACPA recently paid tribute to the exemplary service and
contributions of members at the 2008 Awards Dinner. Held at the elegant
Townsend Hotel in Birmingham, the September 8 event also featured a Silent
Auction to benefit the Michigan Accountancy Foundation Fifth/Graduate Year
Scholarships.
Navigator of the Profession
– Wayne B. Titus, III, CPA
For over ten years, Wayne Titus has served the public as a Certified Public
Accountant in various areas culminating with the establishment of his own
practice, AMDG Services, in 2002. Over the years, Wayne realized his CPA
designation not only provided tremendous professional opportunities, but it
also allowed him to enhance the lives of others both near and far.

Thomas H. Beard
- Looking Forward
I am honored to serve as your chair of the board for this coming year.
We are fortunate to have an outstanding board of directors, exceptional
volunteers on our task forces, and a top-notch staff to help us navigate the
future. The MACPA Strategic Plan provides the roadmap to help us succeed on
our journey. Our leadership team is once again rolling up their sleeves to
update the Strategic Plan – as it is a living and breathing document, one
that provides continuity and direction from year to year.

FASB Slates Fair Value Webcast
DOL Issues Guidance on Schedule C Reporting for 2009 Form 5500
MBT Q&A Series: Small Business Alternate Tax Credit

The Skill Accountants Need Most

Perspective
on Ethics Issues: A Reflection on the Past Year
Legislative Update

Exceptional
Tax Insights Await You at the Michigan Tax Conference

In Memoriam
Students
Learn Why “Accounting Rocks” at MACPA’s High School Leaders Conferences
Association Financial Statements Accessible Via the Web
A Changing Profession - Big Picture, Critical Details:
Get Both at Upcoming Members Advisory Forum
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