Shambo receives Lifetime Achievement Award in PFP


James A. Shambo, CPA/PFS, president of Lifetime Planning Concepts Inc. in Colorado Springs, Colo., received the AICPA's Stanley H. Breitbard Lifetime Achievement in Personal Financial Planning Award.

Shambo played a key role in launching the Personal Financial Specialist (PFS) credential almost 30 years ago and contributed to The CPA's Guide to Practical Retirement Planning. He served on the executive committee of the AICPA Personal Financial Planning Division from 1990 to 1995, serving as chairman from 1993 to 1995, and was the first chairman of the PFS Credential Committee.

Recipients of the award must have 25 years of experience in financial planning and 15 years of AICPA volunteer work in the area of personal financial planning. They also must have unquestioned integrity and professionalism and exemplify the personal, ethical, and professional characteristics of the model CPA adviser. Winners are approved by the current and past two chairs of the PFP Executive Committee, as well as the committee members.

SPONSORED REPORT

Why cybercriminals are targeting CPAs

This free report expands on the most commonly found scams, why education and specialized IT knowledge help to lessen security vulnerabilities, and why every firm should plan carefully for how it would respond to a breach.

PODCAST

How tax reform — and Excel — are changing the CPA Exam

Mike Decker, the vice president of examinations at the AICPA, discusses changes being made to the exam as a result of tax reform — and about how Excel will now be available for use on the test.