Program areas at The New York State Society of Certified Public Accountants
Membership servicesthe nycpa membership department is dedicated to enhancing member engagement, fostering networking opportunities, and supporting professional development. The department hosted several successful networking events, including The emerging leaders award celebration at The royalton rooftop, a high-profile event recognizing outstanding young cpas. The brooklyn nets outing provided an informal setting for networking and recruitment. The meet The irs event offered direct updates from irs representatives and valuable one-on-one consultations on tax-related matters. The pre-tax season networking happy hour at The elsie connected professionals gearing up for tax season while attracting potential New members.nycpa produced 11 comment letters during The 2023-2024 fiscal year that were sent to regulators such as The international financial reporting standards (ifrs) foundation, The Public company accounting oversight board (pcaob), The american institute of cpas (aicpa), The international auditing and assurance standards board (iiasb), The international ethics standards board for Accountants (iesba), The international organization of securities commissions (iosco) and The commodity futures trading commission (cftc).a letter was also sent to The united states house committee on ways & means regarding a discussion of irs tax process issues.these more than 50 committees met, collectively, more than 400 times in The 2023-2024 fiscal year and produced nearly 20 full-day conferences as part of their annual activities, including The 45th anniversary edition of The annual not-for-profit conference. Nycpa committees also provides a forum for high-level technical discussion and professional resources, skill development and networking opportunities for The membership as well as for external audiences.
The cpa journalthe cpa journal, The voice of The profession, is The nycpa's flagship publication. It is published bimonthly, and technical articles go through a double-blind peer review process. The cpa journal provides insight and analysis on a wide array of topics relevant to cpas and other accounting and finance professionals. This year marked The 94th year of continuous publication. While in many ways it was a banner year for The profession-revenue and income per partner at cpa firms were up, according to The 2023 rosenberg practice management survey-the profession also faced challenges in terms of staff shortages, outsourcing, and technology integration. The journal covered these issues and more, providing advice to cpas in all areas of practice about how to adapt and succeed. One issue was jointly devoted to The cutting-edge topics of technology and environmental, social, and governance (esg) reporting. How cpas can utilize artificial intelligence (like chat gpt) and measure crypto assets (like bitcoin) was The subject of several articles. Authors also explained New and forthcoming guidance on reporting for climate risk and assessing materiality for esg reporting. The journal contributed to The ongoing debate over The "pipeline problem," The 150-hour requirement, and The future of accounting education by publishing a variety of voices suggesting different ways to attract The next generation of students, teach them what they need to know to pass The cpa exam and become licensed, and be prepared for a successful accounting career. In addition to looking forward, journal authors also looked back, marking The 20-year anniversary of The landmark article on The fraud diamond with a retrospective on The model's success and The work still needed to find and identify potential fraudsters. The journal also launched two New columns: diversity, equity & inclusion began with The november/december 2023 issue, and sustainability launched in march/april 2024. In addition to The print edition delivered to members and subscribers, The cpa journal is available online at cpajournal.com. With articles posted every weekday, The website drew nearly 1.5 million visitors over The course of The year and over 120,000 views per month, making it a leading destination for accounting professionals, financial leaders, academic researchers, and students around The globe.
Nycpa chaptersnycpa also strengthened member engagement through annual chapter leadership meetings, where officers and The ceo met with members statewide to share updates, discuss priorities, and gather feedback. Additionally, nycpa facilitated town halls, professional issues updates (pius), and cpa ethics update meetings to address industry developments and regulatory changes.