Brazos Valley Chapter

CPA News January/February 2013

In this Issue:

  • Chapter News
  • CPE
  • Fred’s Funnies
  • TSCPA News

CHAPTER NEWS

Chapter Bylaws

The Chapter Bylaws revision was voted on and approved at our December chapter meeting.  Watch for the revisions online soon.

CPAs to be Featured in Sunday Eagle on February 24th

Watch for the upcoming annual Life and Financial Planning feature in The Eagle to be published on Sunday, February 24th. It will include some articles by local CPAs plus an opportunity for all members to place ads at a discounted rate.

New Officers and Directors

Congratulations to the new chapter officers and board members elected for the 2013 fiscal year beginning in June 2013. The results are …

OFFICERS

President Rodney Horrell
Vice-President/President-Elect James Larkin
Secretary Amy Restivo
Treasurer Jennifer Fox
DIRECTORS  
CPE Chair Duane Muehlbrad
Membership Amber Bass
Newsletter Joshua Shields
Public Relations Chris Rankin
Career Awareness (At-large) Diana Wagner
TSCPA Board Rep.(exp 2014) Lyn Kuciemba
TSCPA Board Rep. (exp  2014) James Larkin
   

Thank you to the current officers and directors!
group
(Left to right back row:  Rodney Horrell, Tracy Stewart, Amy Restivo, James Larkin, Chris Rankin, Kay Dobbins, Lyn Kuciemba.   Front row:  Jennifer Fox, Diana Wagner, Sandy Brown, Amber Bass.)

Please contact any of them if you’d like more information or would like to get involved.  Their information is on the web site www.bvcpa.org

Chapter CPE

Ethics with Dr. Charles Stanley

May 29, 2013   8:00 – noon   Brazos Center

4 CPE credit hours

$120 member   $150 non-member

Program Objectives:

  • Meet the ethics course requirements as established by the Texas State Board of Public Accountancy
  • Explain what ethics are and why the accounting professional needs ethics
  • Identify the ethical responsibilities of an accountant
  • Describe the accountant’s priority of duty and loyalty
  • Define fiduciary relationship and stakeholders
  • Determine what a CPA’s primary responsibilities are to clients
  • Explain the basis for moral reasoning
  • Look at some different reasoning methods
  • Discuss the importance and relevance of effective codes of conduct
  • Look at a basic approach to ethical decision-making and looking at a case for illustration
  • Discuss the Texas Rules of Professional Conduct with emphasis on independence, integrity, and objectivity
  • Look at the other Texas Rules
  • Discuss the process of what happens when a CPA is accused of violating the Texas Rules

Prerequisites-None

Experience level-None

Advance preparation-None

Teaching method(s)-Lecture, discussion and illustration of actual case situations

Auditing and Accounting with David Holt

July 29 & 30, 2013   Brazos Center

Maximum 16 CPE credit hours

8-hour and 2 @ 4-hour; 8-hour $225 member and $285 non-member; 4 hour $130 member/ $170 non-member each half day, or $225 member/ $285 non-member full day.

Further details and objectives will be published at a later date

Prerequisites-None

Experience level-None

Advance preparation-None

Teaching method(s)-Lecture, discussion and illustration of actual case situations

Other CPE

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Fred’s Funnies

 

Scientific Thoughts – Part I

If you’re not familiar with the work of Steven Wright, he’s the famous erudite scientist who once said: “I woke up one morning, and all of my stuff had been stolen and replaced by exact duplicates.” His mind sees things differently than most of us do. . . here are some of his gems:

  1. I’d kill for a Nobel Peace Prize.
  2. Borrow money from pessimists — they don’t expect it back.
  3. Half the people you know are below average.
  4. 99% of lawyers give the rest a bad name.
  5. 82.7% of all statistics are made up on the spot.
  6.  A conscience is what hurts when all your other parts feel so good.
  7.  A clear conscience is usually the sign of a bad memory.
  8. If you want the rainbow, you got to put up with the rain.
  9. All those who believe in psycho kinesis, raise my hand.
  10. The early bird may get the worm, but the second mouse gets the cheese.
  11. I almost had a psychic girlfriend…but she left me before we met.
  12. OK, so what’s the speed of dark?

TSCPA News

Financial Literacy

The New Year is a great time to bring TSCPA’s free workplace financial education program to your office. Like a physical wellness program, this informative personal finance program can strengthen your employees’ fiscal health and empower them to better manage their money. Free materials available for download include newsletter articles, flyers for bulletin boards, table tents for break rooms and paycheck inserts. Check out all the resources on budgeting and preparing financially for a disaster at http://valueyourmoney.org/Financial-Education/financialed.asp.

Get IRS Information Online

Obtain up-to-the-minute information on tax and IRS changes by visiting the TSCPA Tax Issues online community at the link below. After logging in as a member, you’ll find links to a variety of resources.

https://www.tscpa.org/eweb/DynamicPage.aspx?webcode=COMtaxIndex

You can also receive the tax issues e-newsletter (at no charge, as a member benefit) by sending a subscription request to pwyatt@tscpa.net.

Financial Literacy

If a personal finance resolution tops your list or the list of someone you know, stop by www.ValueYourMoney.org. TSCPA’s free consumer financial literacy website features practical articles and helpful resources to get your finances on track. While you’re there, visit the Parenthood section for information about the children’s book club, which promotes literature to help them learn that money really doesn’t grow on trees.

If you wish to remove your name from the Brazos Valley Chapter email distribution, reply to this message (Linda@LNJohnson.com)

or contact

Linda Johnson, Executive Director
4572 Sandpiper Cove, College Station, TX 77845
Phone 979-690-5776 ; cell 979-777-7142