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1. Preparing for the Next Opportunity  

BY MATTHEW G. LAMOREAUX, PAUL BONNER
Robert R. Harris takes a large view of the profession. He believes the economic crisis, global convergence of standards, a worldwide concern about the depletion of nonrenewable natural resources, and generational changes all present unprecedented opportunities for CPAs. Harris, who was elected to a oneyear term as chairman of the AICPA during the fall Council meeting in October, says he is concerned that young people don’t fully appreciate the innovation and breadth associated with the CPA profession—a view he hopes to foster during his year as chairman.

2. Auditing at the Speed of Change  

Henry Keizer is the global head of audit for KPMG International and U.S. vice chair of audit for KPMG LLP. He also is a member of the AICPA board of directors. He spoke with JofA Publisher and EditorinChief Joanne Fiore following the AICPA’s board of directors meeting in August and in a followup email interview.

3. Reigle Receives Beta Alpha Psi 2009 President's Award  

Dennis Reigle, the AICPA’s director of Academic & Career Development, received the President’s Award from Beta Alpha Psi. The award is given to an individual who has had a significant impact on Beta Alpha Psi over many years. Reigle was Beta Alpha Psi president in 2002 and 2003 and is currently the AICPA’s liaison to its board of directors.

4. Teach Young CPAs Well  

BY ALEXANDRA DEFELICE
On the day Barry Melancon passed the CPA exam, two partners in the small Louisiana firm where he worked did something that paved the path to his role as president and CEO of the AICPA. First, the managing partner told him he needed to make a personal contribution to the state society’s political action committee because government actions can have a significant effect on the accounting profession.

5. New AICPA Chairman Outlines Goals, Council Releases GAAP Survey at Fall Meeting   WebExclusive

CPAs must embrace change if they are to succeed in the future, newly elected AICPA Chairman Robert R. Harris said Tuesday during his inaugural speech at the Institute’s fall Council meeting in Las Vegas, where he began a oneyear term. Harris has served the Institute in many capacities, most recently as vice chairman (2008�).

6. CFO 101: Five Prerequisites   CPEDirect

BY Matthew G. Lamoreaux
To climb the ladder in most finance organizations, CPAs hone their skills in making accounting judgments, closing the books, accurately preparing financial statements and other reports and filing them on time. But current CFOs agree that to reach the top—the CFO position—another skill set is required. Unfortunately, these additional skills may not be written into the CFO job description.

7. Inaugural Leadership Academy Helps Participants Hone Skills for the Future  

The first AICPA Leadership Academy gathered in Chicago for three days in July to focus on the future of the accounting profession. Led by Institute Chairman Ernie Almonte, the group consisted of CPAs under age 35 who engaged in intensive workshop training sessions to develop and hone leadership skills and prepare to become the next leaders in their organizations, communities and the profession at large.

8. Revised CITP Credential to Take Into Account Experience and Similar Credentials  

The AICPA has revamped its Certified Information Technology Professional (CITP) credential to reward realworld experience, lifelong learning and to recognize similar credentials from other organizations. The Institute announced these revisions at its AICPA TECH Conference in Las Vegas. The CITP credential, launched in 2000, recognizes accounting professionals who combine IT expertise with the unique skill set of a CPA.

9. New Exam Options Offer Pathways to PFS Credential   WebExclusive

An examination leading to the AICPA’s Personal Financial Specialist (PFS) credential is now available in hundreds of cities nationwide, along with a live, interactive online offering of the exam’s casestudy component. Together, these features of the new PFS Pathway program are intended to allow CPAs anywhere to obtain the PFS credential with minimal time away from the office.

10. CPA Exam to Undergo Transformation   WebExclusive

The Uniform CPA Examination will be transformed beginning in 2011, with a new structure, format and content and supported by enhanced technology, the AICPA said in a letter Friday to state boards of accountancy. The improvements, designated CBTe for ComputerBased Testing evolution, will be launched Jan.
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