Alabama Society of CPAs View in Browser August 2016

Updated COSO Framework: What You Need to Know

Many managers, supervisors, and accountants in business, government, or nonprofits are not able to identify their departmental policies and procedures that function as the primary controls against errors and fraud. Alternately, auditors performing field work may be confused about how to interpret and evaluate management's documentation of accounting processes and controls. Neither party may truly understand how their duties differ. Find the solution to this common issue on Tuesday, August 30, 2016 with Thomas Newell, CPA from the AICPA. Updated COSO Framework: What You Need to Know will provide an overview of COSO guidance on components and principles of internal control. Register today >>

K2 Brings Their Best to Montgomery

Find more classes in Montgomery >>

Quality A&A and Tax in Huntsville

Need more CPE in Huntsville? Search here >>
Hear from the Best at the Financial Accounting & Auditing Conference... Michael Brand Agrees!

This year's Financial Accounting & Auditing Conference falls only ONE week before the end of the 2016 CPE season. The ASCPA and Auburn University at Montgomery want to help you earn all of your education hours to stay current & certified to take on every client, issue, and business problem in 2017.

Don't just take our word for it. The highest rated ASCPA speaker, Michael Brand, CPA, had this to say when he registered for the annual event:

"Having 3 of the top nationally known subject matter experts speaking at this year’s Financial Accounting and Auditing Conference speaks volumes about the quality of the CPE available to attendees.

Being able to hear directly from the FASB’s PCC Coordinator Michael Cheng and the AICPA liaison to the ARSC who is also heavily involved with the ASB, Mike Glynn, is usually only available at national conferences. Add to that the national reputation of Alabama’s own “Fraud Doctor” Dr. Tommie Singleton, and you have an ASCPA conference lineup that rivals any of the larger national conferences.  I would highly recommend this conference to anyone involved in accounting and auditing!"

Register today >>

How to Manage a Multi-Generational Workforce

In any company where a wide range of experience exists, chances are you also have a multigenerational workforce. Your finance department likely has baby boomer controllers, Gen X tax managers, Gen Y financial analysts and Gen Z payroll specialists. They may have a lot in common, however being formed by the decade in which they came of age, they also have varying outlooks, values, communication preferences and work styles.

If you’re the manager of this disparate group — and depending on which generation you fall in — you may wonder about how to lead such a wide range of ages. Here are four tips on how to lead a multigenerational workforce. Continue reading >>

Chapter Events 

The ASCPA has 11 chapters throughout Alabama. Chapter membership allows you to network with CPAs in your area, remain active in the ASCPA and track industry news throughout the state.

Need to make an announcement for your next chapter meeting or special event? Contact Diane Christy at

Seeking Full-Time CPA in Tax
  • Must have CPA with 3+ years work experience
  • Preferably MTA or heavy tax background--such as, but not limited to, Individual Tax, Corporate Tax, State Tax, Partnerships, Estates, Trusts, Prepared & reviewed moderately complex returns
  • Proficient in Research
  • Ability to grow as an employee professionally
  • Can develop & maintain good business relationships with clients
  • Demonstrates an understanding of each client's business that extends beyond tax aspects
  • Develops relations with peers
  • Demonstrates enthusiasm & a positive attitude toward the firm and professional
  • Demonstrates good business judgement
  • Demonstrates professionalism in speech, dress, & demeanor

Email resume to:

Alabama Tax Amnesty Program

Are you delinquent on your individual income, corporate income, or sales taxes? If so, you may be eligible to save big on penalties and interest! You have one more week to apply for the 2016 Alabama Tax Amnesty Program. Most taxes administered by the Alabama Department of Revenue are eligible for the Amnesty Program and you could save one-half of the interest and all penalties associated with your delinquent returns! Visit for more information.  Application period closes August 30.

Practices for Sale
  • Northeastern AL CPA grossing $525K * New *
  • Huntsville CPA practice grossing $315K * New *
  • Baldwin County practice grossing $205K * New *
  • Mobile, AL CPA grossing $175 * Sold - under contract in just two weeks *
  • Mississippi Gulf Coast CPA grossing $95K * New *
  • Eastern Memphis Suburb CPA grossing $175K * New *

For more information on these listings or to sell your practice, contact Lori Newcomer at (888) 277-6040 or or visit

August 23, 2016
In this issue    

  • Find out now about Update COSO Framework: What You Need to Know with Thomas Newell, CPA from the AICPA.

  • K2 brings their best to Montgomery. Register for one of their top tech classes today.

  • Quality A&A and tax classes coming to Huntsville. Sign up today!

  • Hear from the best at the Financial Accounting and Auditing Conference on September 23, 2016... Michael Brand agrees!

  • How to manage a multi-generational workforce
  • Don't miss Chapter Events in Birmingham, Mobile, and South Central next month.

  • Seeking a full-time CPA in tax.
  • Alabama Tax Amnesty Program
  • Practices for Sale
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Alabama Society of CPAs