Alabama Society of CPAs View in Browser October 2016

Two-Day Tax Training Workshops Start NEXT Week

Focus on training your 0 - 2 years of experience tax staff this October, November, and December. Tax season will be upon us soon! These TWO-DAY interactive seminars will cover the introduction of tax preparation to more complicated issues that senior tax associates may face this coming season. Preparing your staff is empowering them to tackle tax season with ease!

Register for 2016 GAAF Before 11.11.2016!

Are you a CPA in government? You don't want to miss the 29th Annual Governmental Accounting & Auditing Forum this November 30th and December 1st in Birmingham, Alabama. Join us, the Association of Government Accountants, and the Government Finance Officers Association of Alabama for another memorable event. Earn 16 hours of accounting and auditing education from premier speakers. This two-day event is a must for accountants and CPAs in city and state government positions and for the professionals who audit them. Register online today >>

Members of the Association of Government Accountants and the Government Finance Officers Association of Alabama must contact the ASCPA directly to receive their member discount.

Goodbye A-133, Hello Uniform Guidance: What You Need to Know

The investment of time and resources necessary to perform high-quality single audits of federal funds can be substantial and daunting for many CPA firms. Add the implementation of new single audit rules to the mix, and the challenges increase exponentially. The good news is that through the Enhancing Audit Quality initiative, the profession provides education, tools and resources that continue to support firms in driving improved single audit quality. 

Audit quality is always important, and data gathered through Peer Review and ethics investigations indicate that firms performing single audits should pay particular attention to these specialized engagements. Additionally, the AICPA Peer Review Program recently engaged experts in public practice to review a statistical sample of “must-select” engagements, including single audits. These reviews revealed that 44% of the engagements reviewed did not conform to applicable professional standards in all material respects. Issues identified in the reviews included missed major programs and failure to test internal controls over compliance. Maintaining and driving high audit quality for these engagements is a key focus for the profession. Continue reading >>

Invest & Empower Your Team through Leadership Academy

Keys to a winning team requires investment and empowerment. So, recruit members of your organization to step into Leadership Academy Class VII to contribute to your team's success.

Contact Jessica Roberts for more information at 334.386.5766,, OR visit for more details >>

Alabama CollegeCounts 529 Symposiums

Alabama’s CollegeCounts 529 is hosting educational training events across the state to provide updates on 529 federal tax law changes, financial aid considerations and important timing changes, updates to the CollegeCounts 529 Fund, a high level overview of ABLE Alabama, and planning and paying for college strategies to use with your clients. Register for any of the four free events in select cities today. Find out where and when Alabama CollegeCounts 529 will bring this unique symposium near you >>

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

Experienced Auditor

Jackson Thornton is seeking an experienced auditor with a passion for providing excellent client service. The Audit Senior Associate* works with audit team members to plan, design, and execute effective assurance and consulting engagements for financial institutions; and is responsible to in-charge engagements of varying size and complexity simultaneously. 
(*Depending on extent of experience, this individual could start at the Supervisor level.)

This individual’s primary office will be the Prattville office. The majority of the client base in within two hours of the office. Travel is required; however, there is flexibility to work remotely. 

For more information:


Practices for Sale
  • 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 *
  • Jackson, MS area / Rankin County EA grossing $60K * New *
  • Eastern Memphis Suburb CPA grossing $175K * New *
  • Madison County, TN CPA grossing $165K * New *
  • Upper Cumberland, TN CPA grossing $70K * New *

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

October 18, 2016
In this issue    

  • Two-day Level 1, 2, & 3 Tax Training starts NEXT week!

  • Are you a CPA working for the government? Register for 2016 GAAF before November 11th to save!

  • Goodbye A-133, Hello Uniform Guidance: What You Need to Know

  • Now taking applications for Leadership Academy VII.

  • Alabama CollegeCounts 529 Symposiums in Mobile, Montgomery, Birmingham, & Huntsville.
  • RSVP to upcoming chapter events in Birmingham, Huntsville & Tuscaloosa.

  • Experienced Auditor

  • Practices for Sale
Webinars this Week









Alabama Society of CPAs