AICPA President and CEO honored by NABA


AICPA President and CEO Barry Melancon received a 2013 Legacy Award from the National Association of Black Accountants Inc. The awards recognize leaders of organizations that have shown long-standing support for NABA’s members and the profession.

The awards are scheduled to be presented June 7 at NABA’s awards gala in Nashville, Tenn., and the honorees will be featured in a video showing the impact their service has had on NABA’s members.

Melancon has challenged the Institute to generate ideas that will result in increased retention and advancement of underrepresented minorities in the accounting profession. Last fall, as part of a renewed focus on diversity, the AICPA created the National Commission on Diversity & Inclusion, which includes representatives from minority professional groups, firms, state societies, and business leaders, to develop strategies that will help ensure CPAs reflect the clients and communities they serve.

“Barry has made attending all the National Commission meetings a priority and actively participates in discussions and decisions that lay the foundation for sustainable improvement in our inclusion efforts,” said Kimberly Brown Drumgo, AICPA director–Diversity & Inclusion. “His ultimate goal is to bring leaders of the profession together and, through their collective efforts, demonstrate progress.”

CAREER TIPS

CPAs share lessons from dads

To celebrate Father’s Day, the JofA asked accountants across the country to share some lessons they learned from their fathers—especially ones that helped them later on in the accounting profession. Here are their stories.

SPONSORED REPORT

How to audit high risk areas

Revenue recognition, internal control over financial reporting, accounting estimates and going concern are areas of audit that have emerged as particularly challenging and complex.

PRACTICE MANAGEMENT

Q&A: How to determine a client’s price sensitivity

To price effectively, CPA firms first need to determine the price sensitivity of individual clients. Author and consultant Ron Baker, an unabashed value-pricing champion, explains how to do it in this Q&A.