Dear Elizabeth,

It’s refreshing to kick off a new month with exciting news. I’m happy to share with you that, because of your help, we have successfully amended the mandatory auditor rotation provision. The conference committee filed its report late Wednesday night, which included a modified version of the auditor reform proposal. After it became clear the committee would not drop the language, the MSCPA offered language requiring rotation for only external auditors who conduct five consecutive agreed-upon procedures for housing authority compliance audits. The language was adopted and can be found in section 10.

We are grateful to Chairman Kevin Honan, Senator Stephen Brewer, Representative Brian Dempsey and Undersecretary for Housing and Community Development, Aaron Gornstein and their staffs for their support. A special thanks to the 551 MSCPA members who sent letters to their legislators urging them to reconsider the proposal – you were an essential part of this process!

Another bit of good news: State legislators have decided to keep non-compete agreements intact, not restricting them in the private sector. The conference committee unveiled the final bill on the last day of the legislative session. The MSCPA provided testimony in opposition at a committee hearing in early July. Thank you to everyone who worked to make this a successful outcome.

Have a great weekend.

Eileen P. McAnneny, Esq.
President and CEO

CURRENT NEWS UPDATE:

Stay Updated on Financial Accounting and Reporting Standards
Check out the latest issue of FASB Outlook, a newsletter designed to keep you informed on developments in financial accounting and reporting standards.

Seating Tax at the Strategy Table
The tax function of a company should be more involved in strategic decision making, as it could lead to a lower effective tax rate and higher earnings per share, as well as better business decision making overall, according to a study by CFO Research.

A Seven-Step Career Checkup
These seven questions will help determine if you're still on track to obtain that dream job.

10 Best Practices for Accounting Firm Online Content
Build your firm's reputation and visibility with these 10 best practices for accounting firm online content. The list was created by a panel of top accounting marketers at the Association for Accounting Marketing Annual Summit.

CPE:

Don't Forget: Fall is Just Around the Corner!
Don’t wait until the last minute to earn your CPE: We offer a wide variety of courses throughout the fall season to help you succeed. View the full listing of courses today!

MSCPA On-Site Training: Customized Learning for Your Staff
Did you know the MSCPA offers fully-customized training for your team? We can work with you to create a training experience tailored to the needs of your staff, and deliver content that will equip your team with the knowledge to work smarter and more efficiently, all from within your firm.

Networking:

Upcoming Committee Meeting
Marketing Committee (8/5)
Learn best practices for website design and mobile trends with Vanessa Schaefer, president and creative director of Clockwork Design Group. The meeting will be held at 8:30 a.m. at Edelstein & Company, 160 Federal St., Fl. 9 in Boston. RSVP to Julia Bowker.

Elevate Your Impact with a Taylor Made Image (8/19)
Upgrade your image - and your life! Projecting a winning image that leaves a powerful first impression is the key to success in your professional and personal life. In this session, Kate Taylor, owner of Taylor Made Coaching, will guide you on how to elevate your image, gain a competitive edge and bring you closer to achieving your goals.

MSCPA/AICPA NEWS:

Get Published in SumNews
Share your knowledge with 11,000+ members of the MSCPA by writing an article for SumNews, the MSCPA's bi-monthly magazine. Articles written by MSCPA members are the most popular among readers, and a great way to get noticed by colleagues for your expertise. The MSCPA editorial team is now accepting articles for the Fall issue, which comes out in early November. The deadline to submit an article is September 19. If you are interested, please contact Elizabeth Emanuelson.

Recruit New Staff and Interns at the Fall Career Fair (10/2)
Get in front of top talent! The annual MSCPA Fall Career Fair is an opportunity for you to recruit the best-and-brightest interns and entry-level staff from colleges across New England. Take the word of an employer from the 2013 event:

"It was a fantastic opportunity for this small, boutique accounting firm to recruit new employees, especially those who would not necessarily know of our firm." - Thomas Savino, CPA, Bonanno Savino & Davies, P.C.

Temporary Job Opportunities
Looking for temporary or seasonal work? New job opportunities are posted in the Career Center daily. Find jobs in public accounting and industry and search by salary range, experience and region.