Virginia CPAs Commit to Advance Diversity and Inclusion in the Workplace

The Virginia Society of Certified Public Accountants (VSCPA) has joined a coalition aiming to advance diversity and inclusion in the workplace. More than 750 CEOs have come together for CEO Action for Diversity & Inclusion™.

Signing on means the society is pledging to cultivate a workplace where diverse perspectives and experiences are welcome. The signatories have already shared more than 700 ideas for actions through CEOAction.com.

“Diversity and inclusion is one of our core organizational values as we strive to foster an environment that respects and reflects a diversity of people, cultures and perspectives,” says Stephanie Peters, VSCPA president and CEO. “The evidence is clear that businesses with diverse talent are far more innovative and achieve greater financial results, and it’s a critical focus for future relevancy of the CPA profession.”

A recent study found that 85% of those surveyed reported that diversity is a key component to fostering innovation. Data from the AICPA shows that minorities represent only 1 in 6 professionals at accounting firms nationwide, yet by 2044, minorities will become the majority of the U.S. population.

The pledge was launched in 2017 and ramped up following an incident in September 2018 when Botham Jean, an African-American associate at PwC, was shot and killed in his Dallas home by an off-duty police officer. PwC was a founding signatory of the pledge.

The AICPA has put together a toolkit (PDF) on how to get started with the pledge.

Abby Dupre Begins Term as Chair of Florida Institute of CPAs

Abby Dupree

Abby Dupree, MP at Carroll and Company of Tallahassee, Fla., is the new chair of the Florida Institute of CPAs (FICPA) for the 2019-2020 fiscal year.

“Abby is committed to serving the diverse needs of our more than 19,000 members,” says Deborah L. Curry, president/CEO of FICPA. “We’re fortunate to have her at the helm as we work to ensure the FICPA continues offering value to our members and navigates the changes facing our profession.”

Dupree has stated that her major goals are to remain relevant to CPAs at all stages of their careers, especially younger generations, and to help move the organization forward in an increasingly technology-focused profession. “The new CPA is an agile business advisor, assuring business transparency and trust in our high-tech environment,” she said in a recent interview for FICPA’s Florida CPA Today magazine.

“For the FICPA board to recognize that they don’t have all the answers but to continually seek them is a powerful way to move the profession and our organization forward. We have to stay ahead of the curve,” she says.

New Jersey Society of CPAs Moves to New Office

The New Jersey Society of Certified Public Accountants (NJCPA) has moved its office to another location in Roseland, at 105 Eisenhower Parkway, Suite 300.

The move provides a larger and more technologically advanced educational learning center for continuing professional education classes, streaming capabilities for meetings, webinars and seminars, and a more modern facility for networking and social gatherings.

“We welcome all of our members and nonmembers alike to come visit our new location, take a class, meet some colleagues and engage with our staff,” says Ralph Albert Thomas, CEO and executive director, NJCPA. To see photos of the new location, visit njcpa.org/move.

More news from the New Jersey Society of CPAs

New Jersey Society of CPAs Names Deloitte’s Kyle Sell President

Kyle Sell

The New Jersey Society of Certified Public Accountants (NJCPA) has named Kyle Sell, audit and assurance partner at Deloitte & Touche LLP in Parsippany, N.J., president for the 2019/2020 term.

Since joining the NJCPA in 2004, Sell has served on numerous committees and interest groups. From interviewing NJCPA scholarship candidates interested in the accounting profession to teaching at his alma mater, Lafayette College, he knows first-hand how to inform the next generation about the benefits of becoming a CPA. As president, he will focus on engaging more young professionals as well as work to ensure the accounting field remains open and diverse to all.

“Taking on the role of president seems to be a natural fit for Kyle, whose dedication to the next generation and to furthering the profession are truly commendable,” says Ralph Albert Thomas, executive director at the NJCPA. He succeeds Sarah Krom, MP of SKC & Co. CPAs, in Boonton Township, N.J., who served as president for the 2018/2019 year.

More news from the New Jersey Society of Certified Public Accountants

Tom Hilton Inducted as 2019-2020 MOCPA Chair

Thomas Hilton

Thomas Hilton

Thomas Hilton, partner in the forensic and litigation services group at St. Louis-based Anders CPAs + Advisors (FY17 net revenue of $31.8 million), was sworn in as 2019-2020 chair for the Missouri Society of CPAs (MOCPA) at the 2019 MOCPA Annual Members Convention.

Hilton has been an active member of the MOCPA throughout his career. Most recently, he has held leadership positions in the organization as a member of the board of directors from 2015-2017 and chair of the Educational Foundation board of directors from 2015-2018.

Hilton has deep experience in fraud and forensic investigations, white collar crime investigations and the development and implementation of entity-level fraud risk management programs. He testifies frequently in large commercial litigation matters in federal and state courts and before arbitration panels.

He is also a frequent presenter at fraud and forensic conferences nationwide, author of articles in professional publications, and serves as an adjunct professor of forensic accounting at the Richard A. Chaifetz School of Business at Saint Louis University.

ICPAS Honors 2019 Women To Watch

The Illinois CPA Society (ICPAS) announced that more than 350 professionals recently attended its Women’s Leadership Forum in Chicago, May 10, which focused on the theme “Power Up.”

Keynote speaker Kim Simios, EY Chicago OMP, discussed “how attendees can power up by projecting confidence authentically, owning their careers, widening their networks, evaluating their communications, and realizing their purpose in order to reach the next level of performance,” ICPAS reported.

At the event, the ICPAS honored the 2019 Women to Watch Award winners. Receiving the Experienced Leader Award were: Rebekuh Eley, senior manager at Chicago-based RSM US (FY17 net revenue of $2.1 billion), and Kristen Fitzpatrick, managing principal at Miller Cooper & Co., which has offices in Chicago and Deerfield, Ill. Receiving the Emerging Leader Award were: Julia Haried, an audit and assurance professional at Deloitte and co-founder of MakerGirl, and Charlene Rhinehart, managing director of CEO Unlimited, a consulting firm that provides accounting and business development services, and founder and editor-in-chief of Wealthy Women Daily.

More news from ICPAS

Neil Keller Named 2019-2020 WICPA Chair

Naperville, Ill.-based Sikich (FY18 net revenue of $168.7 million) announced that Neil Keller, PIC of tax services, is the new 2019-2020 board chair for the Wisconsin Institute of CPAs (WICPA), which gave him a scholarship as a senior in high school that launched his accounting career.

Neil Keller

“When I got into the career I really admired the past chairs of the WICPA, but I always looked at them and said, ‘That’s never going to be me.’ I just didn’t think I had what it took or had that same passion that they showed,” Keller says in a Sikich video. “Then I found myself on Capitol Hill talking with congressmen about the profession and realized, ‘Man, if that’s not dedication to the profession, if that’s not passion for the profession, I don’t know what is, and that was kind of the trigger for me saying, ‘Yeah I  can be a WICPA chair.’ ”

In his role as board chair, Keller will help the organization fulfill its mission of enhancing professional competency, promoting the value of the profession, advocating on behalf of the profession and building community.

At Sikich, Keller assists clients in choosing an ownership structure and assessing the tax impact when buying or selling a business. Keller “prides himself on listening to and learning about his clients’ needs and goals in order to develop successful strategies,” the firm says.

Janover Partner Elected an Officer of NYSSCPA

Joseph A. Maffia

Joseph A. Maffia

Garden City, N.Y.-based Janover LLC (FY17 net revenue of $30 million) announces that Joseph A. Maffia will be installed as a vice president of the board of directors for the New York State Society of CPAs (NYSSCPA). His one-year term begins June 1.

Maffia has practiced public accounting for over 38 years. He serves businesses and individuals across a wide array of industries, including technology and software development, sports, arts and entertainment and charities, foundations and not-for-profits.  At Janover, Maffia serves as co-chair of the quality control committee, having previously served on Janover’s executive committee.

Maffia has served on NYSSCPA committees, is involved in the AICPA and serves on the boards of several nonprofits in New York.

More news from Janover LLC

Many Paid More in Federal Taxes This Tax Season: NJCPA Survey

In a New Jersey Society of Certified Public Accountants’ (NJCPA) survey of more than 500 CPAs taken after tax season in April, an average of 36% of their clients paid more in federal taxes in 2018.

The NJCPA conducted the survey to determine the impact of the Tax Cuts and Jobs Act (TCJA) on individual and family clients’ federal tax liability this tax season. Nearly 60% of respondents said that the TCJA either “definitely” or “somewhat” increased the number of clients that they would advise to leave the state. The TCJA’s cap on state and local tax (SALT) deductions has led many taxpayers to consider selling property or leaving the state.

More than 75% of respondents noted that this tax season was worse than prior years, with 34% noting that it was the “worst tax season ever.” Additionally, nearly 30% of the CPAs surveyed said they counseled “most” of their clients to adjust their withholdings in 2019 based on their 2018 tax returns, while 24% said they counseled “almost all” of their clients to adjust.

“Surveys like these show the value that CPAs bring to the table and the importance of tax consequences on individuals and corporations,” says Ralph Albert Thomas, CEO and executive director of the NJCPA. “New Jersey is high-tax state, and our residents did not benefit nearly as much from the tax reform package as many other states. We need to work together on both the federal and state levels to improve the tax inequities so that individuals and companies will stay in New Jersey and thrive.”

Loretta Doon, CalCPA CEO, to Retire in June

Loretta Doon

The California Society of CPAs (CalCPA) and the CalCPA Education Foundation has announced that CEO Loretta Doon will be retiring in June.

After a nationwide search, the CalCPA board of directors and the foundation board of trustees have named Anthony Pugliese as the incoming CEO of both organizations. Pugliese will join CalCPA on May 1 and will work closely with Doon on the transition.

“I’m incredibly grateful to have worked with my talented staff, dedicated boards and committee volunteers, our diverse members and our partners over these years to build CalCPA into the largest state CPA society,” says Doon. “Our goal is to continually meet the evolving professional and education needs of our members so that they can protect the public interest. We accomplish this through a collaborative, diverse and inclusive culture that leads us to more innovative solutions for our members.”

Anthony Pugliese

Anthony Pugliese

Doon is recognized for her many achievements as head of CalCPA and the foundation, including surpassing a record-setting 45,000 in membership and purchasing the headquarters building in Burlingame. She has been named one of Accounting Today’s Top 100 Most Influential People in Accounting numerous times. Doon was also the chief architect for constructing a platform that attracted 53 education partners across the country, including 48 state CPA societies, four associations and a national CPE vendor.

Pugliese was most recently the executive vice president of membership, technology and learning for the AICPA. Prior to that, he served as AICPA’s chief operating officer.

“I look forward to sharing my experience in all aspects of the profession with our staff and members, and all our partners and being inspired by their diverse perspectives,” Pugliese says. “We will draw upon these collective experiences to lead CalCPA and the foundation into the next era.”

CalCPA chair Lewis Sharpstone says, “It was important for us to select an incoming CEO with a strong vision for the future of CalCPA and the foundation. Anthony’s vision not only builds off of Loretta’s accomplishments to date, it will keep us focused on our mission to serve the profession’s needs as it evolves and to protect the public interest.”

CalCPA, founded in 1903, has 14 chapters throughout California.