Larry E. Rittenberg, CPA, was named chair of the Committee of Sponsoring Organizations (COSO) of the Treadway Commission. Rittenberg, who replaced John H. Flaherty, CPA, had previously served as president, as well as vice-president of research, of the Internal Auditors Association Research Foundation.

To help CPAs market their practices, the AICPA released a new brochure, Tax Savings Tips for 2004, with a corresponding speech and PowerPoint presentation. To access them online at , log in as user cpamarketing with password toolkit1!

The Institute and the Virginia Society of CPAs released a four-color 2005 Financial Fitness Calendar, designed for clients and other members of the public as part of the profession’s national effort to improve Americans’ ability to understand and manage their finances. The Virginia society is accepting orders at .

Top 10 Reasons to Become a CPA
The Journal of Accountancy will celebrate its 100th birthday in October 2005, and the staff is planning a special issue to commemorate this achievement. The issue will include a humorous list, “Top 10 Reasons to Become a CPA”—a fond look at some of the more lighthearted motivations for joining the accounting profession. We’d like to invite you to join in the celebration by submitting your own witty observations on why it’s great to be a CPA. Winners get a specially bound copy of the centennial issue and bragging rights. Please send your submissions no later than April 15 via e-mail to or regular mail to Journal of Accountancy, Attn: Top 10 List, Harborside Financial Center, 201 Plaza Three, Jersey City, NJ 07311-3881.

As was first mentioned in the January News Digest, CPAs employed in public accounting, private industry or government are encouraged to participate in a brief online survey ( gathering information to improve the quality of life for members of the profession. To log on, enter username kjsurvey3 and password stress54.

Information on the survey is available from Kenneth J. Smith (410-548-5563;, a professor in the department of accounting and legal studies of Salisbury University in Maryland.


Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.