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CEO Corner
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Dear Hannah,
You know why I love my job? Because I work with the best people in the world. I have seen firms and companies of all sizes step up to provide scholarships for aspiring accountants – this year, thanks to your generosity, we will award $146,500 to some amazing future CPAs. I have seen members step up on the CPA Day of Service to give back to communities through Cradles to Crayons, the Baypath Humane Society, the Forest Park Zoo, Cardz for Kidz and several other organizations. I've also seen folks volunteer
as speakers, as mentors, providing internships and externships and so much more.
This year, during what is probably the most challenging time many of us can remember – trying to keep ourselves and our families safe while providing the best service and advice to our clients who desperately need our help – our members are stepping up to help those in need once more. The MSCPA recently conducted a survey and learned that, of the 51 firms and companies who participated:
- 62% had already given back; and 43% planned to donate more than once; and
- 36% of those who had not donated at the time of the survey were planning to do so.
Of those who had previously donated:
- 70% gave supplies or funds to local hospitals, food banks, state relief funds, restaurants and/or other organizations; and
- 26% are donating their services to help clients affected by COVID-19, particularly as many navigate the Paycheck Protection Program (PPP).
I hope everyone is hanging in there and can get outside in the beautiful weather this weekend!
Amy Pitter
MSCPA President/CEO
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Members in the News
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MSCPA members are sharing their expertise for news stories covering taxation, COVID-19 topics and more. Click on the links below to read this week's stories featuring members. If you are interested in being a source for the press, please contact Elizabeth Emanuelson at eemanuelson@mscpaonline.org.
AccountingWEB:
COVID-19: How the Accounting Community is Helping (featuring KPM, Sacco & Associates LLC and tonneson + co)
CPA Practice Advisor: Accounting Firms Donating Supplies, Funds and Services for Coronavirus Relief (featuring Amy Pitter, MSCPA | Darren Donovan, KPMG | Jane Steinmetz, EY | Mike Sacco, CPA, Sacco & Associates LLC | Richard Mastrocola, tonneson + co | Kevin Martin, CPA, MST, KPM | John Geraci, CPA, LGA)
Accounting Today:
The Not-So-Forgivable PPP Loans: Wrestling with Ambiguous and Sometimes Nonsensical SBA Guidance (featuring John Geraci, CPA, LGA)
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| Virtual Roundtable
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New to virtual? We'll help you! Simply register on our website, and we'll email you prior to the event with the viewing link and materials. No added technology or software is needed! Please contact Katlyn Ribeiro with any questions.
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Virtual Roundtable: I'm a Senior, Now What? (5/29)
Being promoted to senior brings with it many challenges, opportunities and questions, and we want to help you navigate the next steps in your career. This virtual roundtable, sponsored by the MSCPA's Young Professionals Advisory Group, will be an online style discussion with an open dialogue between you, your peers and a group of experienced seniors and supervisors.
Please note: Registrants will receive a Zoom link prior to the roundtable.
REGISTER
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| Virtual Conferences
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Our Employee Benefit Plan Virtual Conference is less than two weeks away! Join us on May 28 to hear from top-notch speakers who will be covering risk management and internal controls, best practices for auditors, legal and regulatory updates and more. REGISTER
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Join us on June 3 for our 2020 Accounting & Auditing Virtual Conference for a day of learning that will equip you with the tools you need for a successful year ahead. Our stellar line up of speakers will be covering AI in auditing, updates on audit, attest and SSARSs standards, risk assessment, lease accounting and more. REGISTER
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Virtual CPE
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Business Interruption Insurance and COVID-19 (5/18)
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Discuss insurance coverage and business losses that can be covered if your firm/company was closed by government order and how losses being covered depends on the language of your insurance policy, learn about civil authority and dependent property coverages and so much more. REGISTER
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2020 FASB and AICPA Update (5/19)
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Examine and learn how to apply recent changes in the accounting profession, discuss the issues surrounding recently issued accounting, auditing, preparation, compilation and review pronouncements and more. REGISTER
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Ethics: Diversity, Ethics and High Performing Cultures (5/20)
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Understand the new world of client service and diversity and how organizational effectiveness is measured, examine trends in ethics, with evidence of what the recent focus on organizational integrity has produced, recognize the concept of unconscious bias and more. REGISTER
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Payroll Protection Program (5/21)
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Get the latest information concerning the COVID-19 global pandemic, learn how to navigate your business and clients in these uncertain and unprecedented times, evaluate how to make important decisions you could have to make over the next few months and more. REGISTER
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| Legislative Update
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Read this week's COVID-19 MSCPA Legislative Brief, which offers federal and state updates regarding business loan programs, developments from the Departments of Labor and Health and news as it relates to the impacts of COVID-19 on our profession, the economy and the Society. READ NEWSLETTER
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| Member News
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Last Call for Buzz and Classified Announcements
Do you have news to share? Submissions to the MSCPA's Buzz section and Classified advertisements for the July issue of our
SumNews
magazine are due next
Wednesday, May 20.
For more information about the Buzz, email Hannah Naranjo. For information and pricing for our Classified ads, email Kristin Wells. To view all submission deadlines and guidelines, click here.
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Carla McCall, CPA, CGMA
Co-Managing Partner,
AAFCPAs
Meet Carla McCall, CPA, CGMA, co-managing partner at AAFCPAs! Read our interview with Carla from our May issue of
SumNews
to learn about her recent nomination to the AICPA's Board of Directors, the changes she hopes to see in the profession over the next decade, what she thinks are the top challenges facing CPAs and firms today and more. MEET CARLA
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PARESKY FLITT & COMPANY, LLP, Wayland, announced that
DAMIEN FALATO, CPA, CGMA recently published an article entitled, "Choosing Which Tax Return to File When Married Taxpayers Own a Business" in
The Tax Advisors.
STONE & COMPANY, LLC,
Lexington, announced that DONALD ZIDIK, CPA
joined as a tax partner.
SHARE YOUR NEWS
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PPP Forgiveness Application
IRS Refunds
1031 Like-Kind Exchange
EIDL Conversion to PPP
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MAXIMIZE YOUR MEMBERSHIP: GET INVOLVED WEBINAR (5/27)
Join us for a FREE 30-minute webinar to learn how you can get the most out of your MSCPA membership! We'll be covering who we are, what we have to offer and how you can get involved. You'll learn about our webinars, seminars, committee meetings, roundtables, networking opportunities, resources and more.
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Board Member/Part of Audit Cohort - Bristol County for Correctional Justice
Board Member - Treasurer Sage Montessori School
Volunteer Accounting Consultant - Prison Book Program
Volunteer Board Member - Brockton Area Multi-Services, Incorporated (BAMSI)
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Tax Accountant II - American Outdoor Brands Corporation/Smith & Wesson
Individual Tax Manager - Mason + Rich, PA
Seasonal Tax Preparers - Mason + Rich, PA
CPA/Partnership Potential - Chiuve and Company, P.C.
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CPAs (Permanent Part-Time) - Robert S. Fineman PC
Experienced Tax Preparer/Reviewer - Vaillette & Sipowicz LLC
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105 Chauncy Street, 10th Floor, Boston, MA 02111
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