Cover Story
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.

Me
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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