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INSIDE AICPA
Milano Receives Beta Alpha Psi's President's Award  
DECEMBER 2008

Bernard J. Milano, president and trustee of the KPMG Foundation, received Beta Alpha Psi’s President’s Award, the organization’s highest honor. Milano was BAP president from 1999 to 2000. Stephanie Bryant, director of the University of South Florida’s School of Accountancy and BAP’s 2007–2008 international president, presented the award during a lunch at the BAP national convention in Anaheim, Calif.

Bryant said that under Milano’s leadership, BAP broadened its scope beyond accounting students to include finance and information systems students and led the creation of the annual Community Service Day in which volunteer members work to improve towns and cities. Milano also helped find funding for BAP’s superior chapter model, which awards cash to chapters with high levels of volunteer and professional activity.

Beta Alpha Psi is an honorary organization for accounting and financial information students and professionals.


inside aicpa
New Feed the Pig Cirriculum Targets Younger Audience  
december 2008

The AICPA and The Advertising Council have developed Feed the Pig for Tweens, a new financial literacy curriculum for fourth-, fifth- and sixth-graders.

The program is an extension of the Feed the Pig campaign, featuring Benjamin Bankes, which was designed to help 25- to 34-year-olds take control of their finances.

Feed the Pig for Tweens was developed by JMH Education, with input from its Teacher Advisory Board in cooperation with the National Council of Teachers of Mathematics. The curriculum introduces students to responsible financial decision making and reinforces math skills with real-life applications.

Teachers may order printed copies ordownload the curriculum free at http://feedthepig.org/tweens.


INSIDE AICPA
Workshop Addresses Lack of Women CPAs in Leadership  
DECEMBER 2008

The AICPA Women’s Initiatives Executive Committee held a workshop in Chicago in September to promote the retention and advancement of women within the accounting profession. Women comprise 50% of the CPA talent pool. However, they make up only 20% of accounting firm partners and shareholders.

Discussions and panels during the workshop, “Retaining and Developing Women Leaders,” focused on creating a firm’s strategy to reverse this trend and make their firm’s senior level management more diverse and allow them to serve a more varied client base.

Participants included 34 CPAs from 16 firms. They discussed their firms’ statistics, including turnover rates, and promotion and hiring trends.

“Firm leaders left the workshop with everything they need to kick off an initiative including a business case document and action plan customized to their firm,” Mary Bennett, lead instructor, course developer and partner at Crowe Horwath LLP in Atlanta, said in a news release.


inside aicpa
CPExpress Celebrates Millionth Subscriber  
december 2008

Navzer Hormazdi, a CPA in Vancouver, Wash., became the millionth subscriber to earn continuing professional education credit through CPExpress, the AICPA’s online education program.

Hormazdi will receive a complimentary two-year subscription to CPExpress.

CPExpress was introduced in 2000 as Infobytes and renamed in 2006 after a complete revision that included new functionality and an enhanced look and feel. CPExpress now offers 1,200 hours of CPE, divided into one- and two-credit courses that can be accessed 24 hours a day, seven days a week. It can be used to earn CPE credit or to review a particular subject, and it automatically keeps track of completed courses. More than 900 courses, organized by topic areas, are available.


inside AICPA
Three Inducted Into Business and Industry Hall of Fame  
december 2008

Mike Harreld Jr., Gary R. Kabureck and Paul J. MacDonald were the 2008 inductees into the AICPA Business and Industry Hall of Fame.

Harreld, executive vice president and CFO of Southern Co. Transmission in Atlanta, has directed programs to reduce administrative costs through technology and provided leadership and direction for the company’s Sarbanes-Oxley 404 compliance efforts. He is also responsible for significantly reducing interest costs by refinancing $3 billion of long-term debt.

Kabureck, corporate vice president and chief accounting officer of Xerox Corp. in Norwalk, Conn., played an important role in aligning the accounting and internal control organizations with the company’s new business model after a significant turnaround period. He led the Xerox implementations of the Sarbanes-Oxley Act and other regulatory initiatives and has been a strong supporter of the recruitment, training, promotion and mentoring of CPAs.

MacDonald, vice president of finance for the Detroit Red Wings, oversees an $80 million to $100 million budget for the NHL franchise. He manages a wide range of operations, including all daily accounting functions, budgeting, internal and external reporting, audits, insurance, and tax matters. In his tenure with the Red Wings, MacDonald has played an integral part in cutting costs.

The AICPA Business and Industry Hall of Fame honors CPAs who provide insight and vision to their organizations, understand all facets of their enterprise and demonstrate the leadership, commitment and strategic ability necessary to help their organizations meet the challenges of today’s dynamic market conditions.

The three finalists were chosen by a panel of judges assembled by the AICPA and were presented with the honor at the Fall Controllers Workshop in Lake Buena Vista, Fla.


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