Alabama Society of CPAs View in Browser July 2016

Two Weeks to Save on the Technology Conference!

Register by Sunday, August 7, 2016 to save with the Early Bird special for one the fastest-growing conferences with exceptional leaders from K2 Enterprises. The two-day event attracts public, industry, and technology focused individuals seeking best practices in technology. Be impressed by the best tools, software, and resources to help you succeed. See the full spectrum of classes to choose from here >>

This year K2 brings a variety of new sessions, including an optional Bonus Session on Day 1,PivotTable Refresher. When sending in a Printable Registration Form, please clearly mark the session you plan to attend so we can guarantee a seat is saved for you. Register before August 8th to save >>

Managing Engagement Risk - Exposures Lurk in Every Practice Area

On Thursday, August 25th, Steven Platau, ABV, CPA, brings participants both an overall view of where professional liability issues reside for the practice as a whole and for specific practice areas in assurance, advisory and tax practices units. Participants will leave the course with both an appreciation of professional liability risk and a set of tools to address and mitigate those risks.

"Steve Platau is one of best and most engaging educators we have ever had at our firm.  His is one of the few 8 hour CPE’s that I truly look forward to the entire day.  He keeps his audience engaged the entire time by using highly relevant, real life situations he has been involved in or has researched.  Steve doesn’t speak in too much “code” and is able to keep his subject matter at the perfect level for his audience.  I promise you will enjoy spending a day in CPE with Steve." John Shank, Barfield Murphy Shank & Smith, P.C., ASCPA Board Member

Register for this course on Thursday, August 25, 2016 >>

New DOL Overtime Exemption Rules: What You Need to Know

All ASCPA members should be keenly aware of the Department of Labor’s changes to the overtime rule. This change will dramatically increase the eligibility for overtime for some employees, who make less than $47,000 per year.  This webcast will cover in detail both the salaries test, and the duties test to determine if an employee is exempt from the new rules.  Register today to learn more about this new rule and the impact it may have on your employees >>

First-Ever ASCPA Diversity in Accounting 

Join us on Friday, September 2nd in Birmingham, AL for the first-ever Diversity in Accounting Student & Faculty Symposium. Gain insight through two different tracks catering to students and faculty to support the success of Diversity and Inclusion. Registration for students is complimentary and all other members is $50. Find out more >>

The symposium will provide students with the complimentary opportunities, regardless if they are a member of the ASCPA or not, to:

  • Enhance their professional brand;
  • Network with industry leaders and professional organizations;
  • Discover career opportunities; and
  • Gain key tools, information, and resources for professional and academic success;

It will also provide faculty with resources to engage with the profession and support student success. Find out more about our first-ever Diversity in Accounting Student & Faculty Symposium and the resources available to attendees here >>

2016 Back-to-School Sales Tax Holiday, Aug. 5 through 7

Alabama’s 11th Back-to-School Sales Tax Holiday will begin at 12:01 a.m. on Friday,
Aug. 5, and end at midnight on Sunday, Aug. 7.

“You don’t have to be a student or even an Alabama resident to save money the weekend of Aug. 5-7 because of the annual Back-to-School Sales Tax Holiday.” said State Revenue Commissioner Julie Magee. “Products include items such as clothing, sports equipment, computers, and of course school supplies.”

Local governments had until July 5 to notify the Alabama Department of Revenue of their decision to participate in this year’s sales tax holiday. This year, 293 localities are participating. Find out more about this year's holiday >>

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.

  • Birmingham: September 16th * Save the Date*
  • East Alabama
  • Huntsville
  • Mobile: September 21st * Save the Date *
  • Montgomery
  • North Alabama

  • Northeast Alabama
  • South Central Alabama: September 2nd * Save the Date *
  • Southeast Alabama
  • Tuscaloosa
  • Wheeler Basin: August 10th Event

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

Accounting Manager Needed in Birmingham

Accounting Manager needed in Birmingham. Responsible for leading and directing the organization’s accounting functions. These functions include establishing and maintaining the organization’s accounting principles, procedures, and initiatives. Prepares financial reports and presents findings and recommendations to executive management and Board of Directors. Responsible for directing the organization’s budgeting, cash management, and payroll functions. Responsible for all financial reporting. More details and application here >>

Audit Manager or Senior Manager in Gadsden

Gadsden public accounting firm seeks an audit manager or senior manager with a minimum of 5 years' experience. Competitive pay and benefits. Yellow Book not required. Send resume to >>

Practices for Sale
  • Northeastern AL CPA grossing $525K * 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 *
  • Chattanooga CPA grossing $475K * 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

Latest ASCPA News
CORRECTION: 2016 Back-to-School Sales Tax Holiday Aug. 5 through 7
2016 Back-to-School Sales Tax Holiday: Aug. 5 through 7
What Amazon sales tax could mean for Alabama
Earlier this week, the Alabama Department of Revenue confirmed online retailer Amazon opted into the state's Simplified Use Tax Remittance Program and according to tax experts, the move could pay big dividends for the state. The program allows online retailers to opt in to a fixed sales transaction tax rate, rather than wrestling with taxes between municipalities that Alabama consumers would normally pay. Participating retailers would also be allowed to deduct a 2 percent discount of the simplified
July 26, 2016
In this issue    

  • Two weeks to use the Early Bird Special on the Technology Conference!

  • Managing Engagement Risk - Exposures Lurk in Every Practice Area on Thursday, August 25th.

  • New DOL Overtime Exemption Rules - What You Need to Know on Tuesday, August 16.

  • Join us for the first-ever Diversity in Accounting Student and Faculty Symposium on Friday, September 2nd.

  • Alabama's 11th Back-to-School Sales Tax Holiday is Friday, August 5th through Sunday, August 7th.

  • Register today for the Wheeler Basin chapter meeting and Save the Date for upcoming chapter events in Mobile, Birmingham, and South Central.

  • Accounting Manager Needed in Birmingham.

  • Audit Manager or Senior Manager in Gadsden.
  • Practices for Sale.























































































Alabama Society of CPAs