Time to Reconsider IPI Computations

No Uncertain Terms

Private Company Committee Poised for Busy 2008

Take Your New Team to the Top

Nation’s Top CFOs Named

New Accounting Rules for Defined Benefit Pension Plans

Bracing a Business for Recession

Are Your ESO Values on Target?

PICPA Pushes EIT Reform Measure

Gain Control of Operational Costs

Free Infocasts for Busy Financial Execs

Nominations Open for Philadelphia-Area CFO Award
Greater Philadelphia Chapter’s CPA Image Enhancement Committee is a proud sponsor of the Philadelphia Business Journal’s inaugural CFO of the Year awards. Demonstrate the value of CPAs by nominating yourself and/or colleagues. Special PICPA member deadline is April 30.

Ethics

E-mail Discussion Groups

Government Relations

Speakers Bureau

PICPA Interactive Webcasts

Committee Involvement

More Business & Industry on PICPA.org

In the spring 2008 issue of the Pennsylvania CPA Journal, author William F. Brighenti, CPA, CVA, gives an in-depth explanation of the inventory price index computation method, and examines the steps the Treasury Department has taken to make the process easier for organizations in need of a reliable standard for recordkeeping.

As the economy continues to struggle, CFOs are being forced to make tough decisions when it comes to some clients’ trade credit. This feature from CFO Magazine explains the warning signs, and offers ways to go about making the proper call.

In little more than a year’s time, FASB’s Private Company Financial Reporting Committee has gone a long way toward changing the standards-setting process. Despite this progress, committee chair Judith O’Dell, a PICPA member, says that’s only the beginning. Read more at AccountingToday.

Institutional Investor magazine recently released its fifth annual list of the nation’s top CFOs. The survey, which compiled answers from top money-management firms, features award winners in 56 different business sectors. See the full list, and access a link to the complete survey.

When it was released in September 2006, it was believed that SFAS 158, Employers’ Accounting for Defined Benefit Pension and Other Postretirement Plans, would have a major impact on balance-sheet reporting for defined benefit pension plans, and that is exactly what happened. In fact, the repercussions from its release are still being felt. Get the latest updates on this vital standard at The CPA Journal’s Web site.

While the economy appears to point toward recession, there are steps that can be taken to ensure that your company is prepared for a temporary struggle. In this column, AccountingWeb explores how financial professionals can use effective asset management to weather the storm.

New standards, such as FASB 123 (R), Share-Based Payment, have made the valuation of employee stock options a more complicated matter than years past. However, the matter gets even more difficult when dealing with a closely held company. Find the full discussion at the Journal of Accountancy Web site.

PICPA continues to make headway in its efforts to bring reform to the earned income tax (EIT) collection system. Get the latest info on Senate Bill 1063. The bill is well on its way to being considered by the full Senate in May, and PICPA urges you to contact your local senator to voice your support of this landmark piece of legislation.

Join the Members in Business & Industry Committee as they host a best practices roundtable on methods of administrative cost containment on May 20 in Pittsburgh and May 21 in Philadelphia. This two-hour session will give you strategies to gain control of operational expenses, such as employee travel, office supplies, and credit card processing.

PICPA, in collaboration with AICPA, CMA Canada, and the Chartered Institute Management Accountants, is offering free infocasts on strategic management topics. Check out the April 17 infocast on managing opportunities and risks. Upcoming topics include online corporate reporting and executive compensation reporting, and maximizing intellectual capital.