Catalyst (Dublin, Ohio) articles from May 2005

Catalyst (Dublin, Ohio) archives from May 2005

Ensuring our seat at the table.(A message FROM THE CHAIR)
May 1, 2005... The effort to reform Ohio's outdated tax structure is a heated legislative issue--one that impacts individuals, businesses and the accounting profession. Members of the Ohio General Assembly are making decisions that will significantly impact...

ACAP-Ohio student today. CPA star tomorrow.
May 1, 2005... Jerome Williams, future CPA * Hawken School, class of 2005 ACAP-OHio Class of 2004 "Winning a $500 college scholarship was one of my best memeories from ACAP-Ohio. I plan to get a business degree, a Master's of Accountancy, and...

Lawmakers continue to hammer out workers' compensation reform.(Ohio)
May 1, 2005... The Ohio General Assembly has made workers' compensation reform a priority with two separate, yet nearly identical, bills making their way through the legislature (HB 72/SB 7). Hearings continue in both the Ohio House and Senate as...

Ohio-based Nationwide breaks into fortune 100.(Ohio)
May 1, 2005... 2004 Revenue Total $20.6 Billion Columbus-based Nationwide Mutual Insurance Co. broke into the Fortune 100 list for the first time. With a ranking of 118 last year, Nationwide now ranks 99 with 2004 revenue totaling $20.6 billion. ...

Ohio trails behind nation in job growth.(Ohio)
May 1, 2005... Although the nation's economy has been improving, job growth in Ohio continues to struggle. The number of Ohioans working rose by just one-half of a percentage point in 2004, according to a report released by the FDIC. Much of the...

Ohio-based Max & Erma's decides to stay public.(Ohio)
May 1, 2005... Columbus-based Max & Erma's Restaurants decided not to delist from the NASDAQ Stock Market. Max & Erma's previously announced it would go private due to the cost of Sarbanes-Oxley (SOX) regulations. The reverse in course comes one month...

PCAOB proposes internal control material weakness standard.(National)
May 1, 2005... The PCAOB voted unanimously in late March to propose an auditing standard for reporting on the elimination of material weaknesses in companies' internal controls over financial reporting. SOX Section 404 requires auditors to report on...

SOX: delaying reports, boosting costs, curbing shelters.(National)
May 1, 2005... Compliance with Sarbanes-Oxley Act (SOX) requirements is delaying the release of annual reports of hundreds of public companies, boosting costs, and curbing abusive tax shelters, according to recent news reports. Nearly 300 publicly traded...

Social Security reform: new AICPA white paper explains alternatives, issues.(National)
May 1, 2005... The AICPA released a comprehensive analysis of the factors that should be considered for Social Security reform. The report presents unbiased facts on the degree of the Social Security program's financial problem and the impacts on the economy...

CPA recruitment efforts heat up as new rules evolve.(National)
May 1, 2005... Public accounting firms are ramping up efforts to recruit and retain the best and the brightest as new rules and regulations increase the demand for their services. According to a Wall Street Journal article, recruitment efforts are...

MBA graduates may see more job prospects.(National)
May 1, 2005... Greater confidence in the economy means a brighter job market for recent graduates with an MBA degree, according to a survey by the Graduate Management Admission Council. Ninety-nine percent of corporate recruiters who responded to the...

Foreign investors concerned about impact of Sarbanes-Oxley.(International)
May 1, 2005... Section 404 of the Sarbanes-Oxley Act has caused some anxiety among foreign investors and analysts, according to a recent survey from PricewaterhouseCoopers. The problem stems from many foreign investors not being well-informed about...

Summing up: Web site surplus.(Newsflash)
May 1, 2005... 1.34 Million Number of new Web sites added in March 2005 25 Number of consecutive months of growth in new Web sites Total Number of Sites on the Internet March 2003 39,800,000 (approx.) March 2004 47,533,400...

A head start for CPAs.
May 1, 2005... Ohio Society members can apply CPE credits to qualify for up to eight hours toward an MBA through a new partnership between The Ohio Society of CPAs and Franklin University.* Immediate Value Franklin's MBA Program--whether virtual or...

The Ohio Society of CPAs: creating value for members.(Cover Story)
May 1, 2005... "This has been a great year to be chair of the Society's Executive Board," said Jeffrey H. Tucker, CPA. "I am proud of what the Executive Board and Society staff accomplished this past year. Bold and necessary steps were taken that will lead...

Knowledge and vigilance: key ingredients to information security.
May 1, 2005... When most firms think about security needs, items such as alarm systems, vaults, uniformed officers and armored cars come to mind. As necessary as measures like these continue to be, the single biggest threat to your company's--and your...

2 perspectives on private company GAAP.
May 1, 2005... The AICPA Private Companies Financial Reporting Task Force has called for "standards that focus specifically on the information needs of the key constituents of private company financial reporting." This would create a "GAAP for private...

The Myth and Reality of nonattest services.
May 1, 2005... Objectivity is a state of mind, a quality that lends value to a member's services. It is a distinguishing feature of the profession. The principle of objectivity imposes the obligation to be impartial, intellectually honest, and free of...

Financial planning: a rewarding option for CPAs.
May 1, 2005... CPAs love numbers. We wouldn't be CPAs if we didn't take pleasure in mining data to come up with concrete fiscal solutions. Personally, I love helping people as much as I love crunching numbers. That's why I encourage young CPAs and those in...

Self-assessment exam.
May 1, 2005... Catalyst -- May/June 2005 Earn convenient CPE credit with the Catalyst CPE exam. Answer the 25 required questions based on content in Catalyst: The Leading Edge of Ohio Business and submit your answers to The Ohio Society of CPAs. Receive...

The challenge of finding qualified board and audit committee members.
May 1, 2005... Section 404 of the Sarbanes-Oxley Act of 2002 (SOX) may be grabbing attention lately, but another requirement should not be ignored. Title III of SOX--corporate governance, or Sections 301-308--increases the pressure on the business...

Pipeline into the profession: the electronic CPA exam one year later.
May 1, 2005... This article is a first in a series taking a look at the "pipeline into the profession." The CPA exam. A right of passage and a pipeline into the profession. Despite reports of increased interest in accounting, the new computerized exam...

Ohio House passes tax reform, state budget.(Capitol Access)
May 1, 2005... The Ohio House of Representatives passed its version of the state budget bill (HB 66) on April 12 after months of hearings. The House-passed version includes substantial changes to Ohio's tax structure, backed by The Ohio Society of CPAs. The...

Accountancy Board excluded from consolidation plan.(Capitol Access)
May 1, 2005... The Accountancy Board of Ohio (ABO) has been exempted from the list of boards and commissions to be consolidated under an Ohio department. The provision to consolidate the ABO under the control of the Department of Commerce was contained in...

535metro launches new Web site hosting solution.(Business Bytes)
May 1, 2005... The Ohio Society's technology services company, 535metro, has launched a new Web hosting and design service. "The Society recognizes the benefits of investing time and resources to develop a cutting-edge technology base to provide better,...

Harnessing the benefits of instant messaging.(Gadgets & Gizmos)
May 1, 2005... Instant Messaging (IM) has the potential to revolutionize business, but it can also leave businesses vulnerable. IM may increase office productivity, streamline communications, and potentially change the way meetings are held, according to...

Basics of virus protection.(Tech Q & A)
May 1, 2005... Here are the answers to your virus protection questions. Several members of the Society's Technology, Small Business and MAP sections participated in a "hot topic" conference call with Christopher Jenkins, Society chief technology...

Retaining your star performers.(HR Spotlight)
May 1, 2005... Have you ever played "remember when...?" Remember when... * Employees were hired right out of high school or college and they looked at employment as a lifetime commitment? * You could give a modest yearly raise, tell an employee...

Innovative local activities coming to you.(Member Initiatives)
May 1, 2005... With spring comes rebirth, renewal and the re-emergence of many of our members from beneath piles of 1099 and W-2 forms. It is also time to look ahead to the Society's upcoming program year. Many new opportunities are available throughout...

Reaching new heights: Members Summit--June 17--Columbus.(Members Only)
May 1, 2005... John Kasich, former Congressmen from Ohio and host of Heartland with John Kasich on Fox News Channel, will be the keynote speaker at this year's Member Summit and Annual Meeting on June 17 in Columbus. [ILLUSTRATION OMITTED] Members...

Ohio society updates electronic communications policy.(Members Only)
May 1, 2005... Electronic communications are a critical dimension in today's society. No longer just a tool delivering simple messages and meeting notices, e-mail is a valued resource in every aspect of business. J. Clarke Price, CAE, president and CEO of...

Are your e-mail filters trapping more than spam?(Members Only)
May 1, 2005... The hope is that e-mail filters trap spam before it gets to your inbox. However, it may also inadvertently block e-mail from trusted senders, such as The Ohio Society of CPAs. Many Internet Service Providers, such as AOL, Yahoo and MSN,...

The Ohio Society of CPAs launches new online Career Center.(Members Only)
May 1, 2005... www.ohioscpa.com Use the Society's newest resources to take advantage of career opportunities for you or your employer. Post a Resume Get your resume in front of potential employers. Members post resumes free of charge. ...

New version of Catch Me If You Can! Is launched.(Members Only)
May 1, 2005... A new version of Catch Me If You Can!--an award-winning forensic accounting game for students--has been launched by the AICPA. [ILLUSTRATION OMITTED] The game was a hit with college and high school students nationwide, as part of the...

Ohio society volunteers get TV spotlight: public's tax questions answered.(Members Only)
May 1, 2005... The public found answers to their tax questions thanks to volunteer-minded Columbus-area CPAs. Eight Society members fielded calls between 4 and 6:30 p.m. during the Call 4 Tax Tips program, which aired March 23 on NBC4 in Columbus. In addition...

Remembering Eugene R. Wos, CPA.(Members Only)
May 1, 2005... The Ohio Society lost a valuable member and strong leader when Eugene R. Wos, CPA passed away on Feb. 4. [ILLUSTRATION OMITTED] "Gene was passionate about those for whom he cared, especially his family. To me, as his successor to the...

Accountancy Board of Ohio disciplinary actions.(Members Only)
May 1, 2005... The following are the disciplinary actions taken by the Accountancy Board of Ohio at its Jan. 28 board meeting. This information is current as of press time. NAME BOARD HOMETOWN ...

Contribute to your Society on your terms.(Members Only)
May 1, 2005... The Ohio Society of CPAs has many ways that you can volunteer your time based on your interests and your schedule. The Society has created a flexible volunteer program that you can customize to fit your needs. Whether you want to give back to...

Correction in March/April Catalyst.(Correction Notice)
May 1, 2005... Sept. 11, 2001 was incorrectly identified as Sept. 11, 2002 in "Checking Out Check 21: Its Impact on Individuals, Businesses and CPAs," which ran in the March/April issue of Catalyst. The editorial staff regrets the error and apologizes for any...

Certified Financial Planner.(Dublin)
May 1, 2005... Trista A. Acker, CPA, CFP, a senior accountant at Rea & Associates, has been certified as a Certified Financial Planner (CFP).

John P. Wolfe.(Dublin)
May 1, 2005... John P. Wolfe has joined Rea & Associates as a staff accountant.

Plante & Moran.(Dublin)
May 1, 2005... Christopher S. Joos, CPA, partner, Plante & Moran, has been elected chair of the board for Directions for Youth and Families, a Columbus-based non-profit organization.

King Dodson Armstrong.(Dublin)
May 1, 2005... Diane E. Armstrong, CPA, of King Dodson Armstrong, has been elected president of the Central Ohio Chapter of the Financial Planning Association.

National Register's Who's Who in Executives and Professionals award.(Worthington)
May 1, 2005... Dana Fueston has joined as a project professional. Firm Partner John C. Waybright, CPA, has been honored with the National Register's Who's Who in Executives and Professionals award.

Brockman, Coats, Gedelian & Co.(Akron)
May 1, 2005... Christina Eichel has joined Brockman, Coats, Gedelian & Co. as a new tax associate.

Cohen & Company.(Akron)
May 1, 2005... Matthew M. McKinnon, CPA, MT and Joshua J. Messina, CPA, MT, have joined Cohen & Company as managers. [ILLUSTRATION OMITTED] [ILLUSTRATION OMITTED]

Seikel, Shalek & Company.(Akron)
May 1, 2005... Kimberly A. Palmer, CPA, has joined Seikel, Shalek & Company as a tax manager.

Four Fifteen Group.(Canton)
May 1, 2005... Laurel Lusk, CPA; Raymond A. Maynard, CPA; and Chad M. Osler, CPA, have been promoted to managers at the Four Fifteen Group. Matthew G. Nyeste, CPA, has been named senior accountant. [ILLUSTRATION OMITTED] [ILLUSTRATION OMITTED] ...

Hall, Kistler and Company.(Cleveland)
May 1, 2005... Mary Beth Rinehart, CPA, and Scott E. Bonvechio have been promoted to supervisor and Alison S. Simmons to senior accountant at Hall, Kistler and Company.

Certified Valuation Analyst.(Cleveland)
May 1, 2005... Paul Weisinger, CPA, CVA, has been awarded the Certified Valuation Analyst (CVA) designation.

Howard, Wershbale & Co.(Cleveland)
May 1, 2005... Stephen E. Stanisa, CPA, has been elected president & CEO of Howard, Wershbale & Co. Harvey Wershbale, CPA, will continue as chair of the Board of Directors. In addition, the following individuals have been promoted: Michelle M. Bizily, CPA, to...

Skoda, Minotti and Co.(Mayfield Village)
May 1, 2005... Skoda, Minotti and Co. has announced the following additions: Andrea N. Constantine, accounting and auditing; Christopher MacLaren, staff accountant; Yvette M. Makovits, senior accountant; Mark P. Santarelli, senior, tax planning and...

Rea & Associates Inc.(Millersburg)
May 1, 2005... Cheryl Coblentz has been promoted to staff accountant with Rea & Associates Inc.

Michelle L. McCue.(New Philadelphia)
May 1, 2005... Michelle L. McCue has joined Rea & Associates as a staff accountant.

Adam Huck.(Marietta)
May 1, 2005... Adam Huck has joined Rea & Associates as a staff accountant.

Tenney Bailey & Associates, LLC.(Marietta)
May 1, 2005... Tenney Bailey & Associates, LLC, has acquired the Parkersburg accounting firm of Ronald D. Leach, CPA, CVA.

AICPA.(Cincinnati)
May 1, 2005... Charles E. Landes, CPA, has been promoted to vice president of professional standards and services at the AICPA.

Ohio National Financial Services.(Cincinnati)
May 1, 2005... Rocky Coppola, CPA has been promoted to financial reporting officer at Ohio National Financial Services. [ILLUSTRATION OMITTED]

PCPS Technical Issues Committee.(Cincinnati)
May 1, 2005... Thomas J. Groskopf, CPA, CVA, has been appointed to the PCPS Technical Issues Committee of the AICPA. [ILLUSTRATION OMITTED]

Brady Ware.(Dayton)
May 1, 2005... Dave L. Walls, CPA, has joined Brady Ware as the state and local tax practice leader. [ILLUSTRATION OMITTED] * The Ohio Society welcomes submissions to the Members in Motion column. Send photos and accomplishments to the editor at...

CPE and events.(Calendar)
May 1, 2005... Event Spotlight Columbus 5/18/05 Columbus CPE Day Sanese Services Join local professionals for the annual Columbus CPE Day for four hours of CPE designed for CPAs in the corporate environment or public practice. Create...