Illinois Accountant Aces May Exam

AICPA announces Elijah Watt Sells Award winners… Edward J. Mazur honored as Outstanding CPA in Government… Institute answers questions on SOP 97-2, Software Revenue Recognition

Heather L. Hollingsworth Tryon won the Elijah Watt Sells gold medal award for making the highest grade on all four sections of the May 1999 Uniform CPA Examination. Tryon, who graduated magna cum laude from Indiana State University with a degree in accounting, currently works as a staff accountant with Clifton Gunderson LLC in her hometown of Danville, Illinois.

Peter A. Prescott of Sugar Land, Texas, earned the silver medal for the second highest grade on the May exam. He is a tax specialist in the Houston office of KPMG LLP.

Hyun Kyung Kim of Seoul, Korea, won the bronze medal for the third highest score on the examination. Kim plans to work for Samil Accounting Corp., the Korean office of PricewaterhouseCoopers.

NEWS

IRS sets start date for tax season

The IRS announced that tax season will start in late January and that it will issue refunds to taxpayers despite the partial shutdown of the federal government.

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Why CPAs can’t wait on automation tools

What do accounting firms waiting on others to develop AI, automation, and data analytics tools have in common with a baseball fan sitting in a stadium filling with water at an exponential rate? The answer could determine your firm’s fate.