Dear Hannah:

I am writing to you from Interchange, an annual conference for the staff in state CPA societies from around the country (and Canada). There were CPE tracks, communication and marketing tracks, government relations tracks and general sessions. It was all focused on how state societies can improve what we do every day to increase the value we offer to you. We were encouraged to think big - We live in a time of enormous change. The profession is changing, accountants don't all work in public accounting firms and people who work in public accounting firms are not all accountants. Increasingly, private businesses grow their own financial teams and don't care if they are not certified.

One of our strategic plan goals is to increase Society strength. To do that, we need to do some soul searching about how the Society needs to change in response to how the profession is changing. Do we have meaningful services to offer to folks in corporate finance who are not CPAs? What about consultants at the big 4 and other large firms?

For me personally, this has been a very motivating and exhilarating time to think and learn, and I look forward to using what I've learned to improve the value we provide to each of our members.

Amy A. Pitter
President & CEO

MEMBERSHIP & NETWORKING:

New Volunteer Opportunity
Full Circle Earth - Board Member/Advisor

Upcoming Committee Meetings
- Federal Taxation (7/21)
- State Taxation (7/22)
- Regulated Investment Companies (7/23)

Fall Career Fair/Graduate School Expo (9/25) - Register Now!
Connect with 200 accounting students seeking internships and entry-level positions. Professionals-in-transition are also welcome to attend. All attendees are advised to have authorization to work indefinitely in the United States. In 2014, students registered from more than 25 different colleges in Massachusetts and neighboring states!

NEWS & RESOURCES:

Filling the Accounting Profession Pipeline
Amy Pitter, president and CEO of the Massachusetts Society of CPAs, discusses obstacles and solutions to filling the accounting profession pipeline. Solutions range from finding ways to expose young people to the profession to helping ease the financial burden of sitting for the CPA Exam.

CPAs: Use Caution in Emerging Tax Issues
CPAs should exercise due diligence when advising clients on emerging tax issues. Areas of particular concern are foreign accounts, health care, marijuana businesses and captive insurance.

4 Steps to Helping Employees Stay and Grow
Stay conversations are vital to retaining and developing employees, and having a game plan is important. Find out what your team member likes about the work, what is difficult and where this person wants to go. Then, ask how you can help in each of those areas.

CPE:

UFR - Federal and State Compliance Training (AM Session)
Join Terry Creeden, one of our highly-rated instructors, as she examines unique areas such as the state electronic systems to assist in the confirmation and reporting process; the “ins and outs” of the state surplus revenue retention regulations and processes; utilizing the state template to perform state billing compliance testing; and more.

Thursday, July 30 | Beechwood, Worcester

 
Thursday, August 6 | Bank of Canton, Canton