Newsletter FALL 2012

CONTENTS PRESIDENT’S MESSAGE...................................................................................................................... 2 CPE SCHEDULE ...................................................................................................................................... 3 CPAs IN PRIVATE PRACTICE ............................................................................................................. 3 FINANCIAL LITERACY UPDATE ...................................................................................................... 3 CASINO NIGHT ....................................................................................................................................... 4 TREASURER’S MESSAGE.................................................................................................................... 4 YCPA/YLS MIXER .................................................................................................................................. 5 WEBSITE UPDATE ................................................................................................................................. 7 PLAY FOR CHARITY DAY .................................................................................................................. 9 NEW MEMBERS .................................................................................................................................... 10 UCF UPDATE.......................................................................................................................................... 10 PRACTIONERS FORUM MEETING SCHEDULE.......................................................................... 14

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Central Florida FICPA Newsletter – Fall 2012

PRESIDENT’S MESSAGE Dear Members, Since my last letter to the membership, your elected Board of Directors met to review the FICPA Mission statement as presented by our FICPA Leadership. The Central Florida Chapter Officers set the following goals for our Chapter: THE FICPA MISSION: CENTRAL FLORIDA CHAPTER GOALS SUPPORT OUR MEMBERS: offer quality CPE, offer targeted Socials, incorporate social media training, integrate meetings with other professionals, and incorporate YCPAs into Committees and Board positions SUPPORT THE PROFESSION: interaction with Legislators, provide Accounting scholarships, grow the membership, and promote the new CGMA accreditation SERVE THE PUBLIC: promote and continue the Financial Literacy program, and enhance, develop, and promote our new Website Since June 30th, our Chapter has added 50 new members. A warm welcome to these individuals – we all look forward to meeting you at one of our Chapter events. We are an active membership with many facets. Look for future emails announcing our Florida Legislative Update Chapter Meeting on 10/18/12, our Student Field Day event on 10/26/12 where several scholarship checks will be presented, our Economics and Election Results Update Chapter Meeting on 11/8/12, and our upcoming fun-filled fall Social Event and Cookout for our entire Membership to be held at UCF. Your Board is hard at work to provide our membership with opportunities for quality and relevant continuing education, opportunities for interaction with your peers and fellow Professionals, and to grow our membership. Your opinion matters to your Board. Please let us know if you have any suggestions for improvement or if you have any concerns. Board members are always present at every Chapter event and are available to you. I can be reached directly at 407-333-2484 or [email protected]. See you at the next event! Respectfully, Ann

Ann Stachura, Chair

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Central Florida FICPA Newsletter – Fall 2012

CPE SCHEDULE Date

Topic

Speaker

CPE

10/18/2012

Legislative Update

Deborah Curry & Scott Price

3 TB

Economics Update: National, State, Local

TBD

3 TB

11/08/2012* *Note date change

CPAs IN PRIVATE PRACTICE Date

Topic

Speaker

10/24/2012

Workers Comp Law Update & Risk Management Issues

Ron Taylor

11/28/2012

Reporting Foreign Transactions

Steve Brown

FINANCIAL LITERACY UPDATE The Financial Literacy committee is off and running. We held our first team meeting on September 10th. For the upcoming year, we plan to continue with all of the schools and community outreach programs from last year and add a couple of new schools to our list. Schools on our list include Boone, Evans, Hagerty, Jones, Lyman and Workforce Academy. We hope to add Winter Park in Orange County and a couple of schools in Volusia County. For everyone who is looking for a way to help the FICPA and the community, serving on this committee is definitely one of the most valuable volunteer opportunities around. You will be able to select a school that is convenient to your location and presentations are based on your joint availability with the schools and teachers. This is an excellent way to give back. As always, we have room for YOU to volunteer on the financial literacy committee. Please feel free to contact me directly with questions and to sign up to volunteer.

Linda Howard, CPA, CTP

[email protected] | 407.434.2168

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Central Florida FICPA Newsletter – Fall 2012

CASINO NIGHT The 4th annual Casino Night hosted by the YCPAs was a great success, raising close to $3,000 for the Educational Foundation. Sopranos was a perfect atmosphere for the event featuring dueling piano players, packed gaming tables, drinks and appetizers. Great prizes were raffled off throughout the evening which included weekend getaways, golf outings, gift certificates and more. A special thanks to our High Roller sponsor: KPMG; to our Table sponsors: Marcum Search, Miami-Dade Chapter, Central Florida Chapter, Broward Chapter, Jacksonville Chapter (2 tables); to our Risktaker sponsors: MDD, Crowe Horwath and Paychex; and to our Gambler Sponsors: North Dade South Broward Chapter and ADP .

Cheri Swain, Accounting Careers

TREASURER’S MESSAGE We are almost mid-way through our fiscal year and are continuing to utilize the Centralized Recordkeeping System that became mandatory by all Chapters of the FICPA as of July 1, 2012. Currently, we still have a dual accounting system in order to reconcile to the FICPA’s monthly reports, which also allows us to be as up to date as possible should any financial questions arise from the President or other board members. Our goal is to continue to tie out our reports on a monthly basis as there is currently no way to view the FICPA reports live. In addition, our Chapter was selected for a financial statement audit for our pilot year-end of June 30, 2012 and no findings were noted. Recently, we have also begun using the Portal System that was implemented as of July 1, 2012. Through this online portal we are able to submit expense reimbursement requests. All board members have access to view these submitted expenses using their FICPA on-line access. Additionally, we have received our dues for the current Fiscal Year 2013, for which a “true-up” will subsequently follow during the year when our member numbers are finalized. Lastly, our website is also up and running at http://centralfloridaficpa.com. If you have not already done so, please take a look. It is an opportune place for getting the latest information on what is happening within our Chapter. It is also a great place for advertising. Please contact Andrea Riesen ([email protected]) for advertising rates and anything that you would like to see added to the website in an effort to continue making it as helpful and current as possible.

Andrea Riesen, Secretary and Treasurer

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Central Florida FICPA Newsletter – Fall 2012

YCPA/YLS MIXER On August 24, 2012, the young professionals in Central Florida mixed and mingled at Terrace 390 in Downtown Orlando. The event brought together young CPAs and young lawyers throughout the Central Florida area. There were over 100 professionals in attendance at the event and all had a great time and enjoyed getting to know one another. A big thanks to our sponsors: PricewaterhouseCoopers, Gellar Ragans, and Orange County Young Lawyer Section. Kirsten Burbridge, Young CPAs

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Central Florida FICPA Newsletter – Fall 2012

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Central Florida FICPA Newsletter – Fall 2012

THIS SPACE COULD BE YOURS! For advertising information call or email Dena Lester at (662) 801-1982 OR [email protected].

WEBSITE UPDATE The

Central

Florida

FICPA

website

is

off

and

running!

Please

check

out

the

website

at

www.centralfloridaficpa.com for information on upcoming events and CPE as well as updates on volunteer opportunities, chapter committees, and member benefits. Questions? Contact Dena Lester at [email protected].

Dena Lester, Newsletter & Website

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Central Florida FICPA Newsletter – Fall 2012

The FICPA Vision The Florida Institute of Certified Public Accountants is the premier professional organization representing Florida's Certified Public Accountants.

The FICPA Mission We serve the diverse needs of our members; enhance their competency and professionalism; support professional standards; promote the value of our members and advocate on behalf of the profession.

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Central Florida FICPA Newsletter – Fall 2012

PLAY FOR CHARITY DAY

Central Florida Chapter – Florida Institute of Certified Public Accountants

Play for Charity Day UCF Recreation and Wellness Center Lake Claire 4000 Central Florida Blvd. Saturday, November 10, 2012 11:00 AM – 4 PM -------------------------------------------------------------------------The Florida Institute of Certified Public Accountants – Central Florida Chapter is pleased to announce our Play for Charity Day to raise money to benefit Helping Hands and collect immediate need items for The Coalition for the Homeless of Central Florida. This event is an excellent opportunity to bring your friends and family and join us for a great day of kickball, volleyball, horseshoes and other fun outdoor events. All proceeds from this event will directly benefit the people in the Central Florida Community.

** LUNCH WILL BE SERVED ** ** Invite Your Spouse, Children, Significant Others and Friends **

There is no fee to attend this event. Instead we ask that you bring a cash donation that will go to Helping Hands or a non-perishable donation of items included on the immediate needs list for the Coalition for the Homeless of Central Florida. --------------------------------------------------------------------------------------------------------------------.

RSVP by Friday, November 2, 2012 to: Pam Russell at [email protected] or 407-275-5554 ext. 120

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Central Florida FICPA Newsletter – Fall 2012

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Central Florida FICPA Newsletter – Fall 2012

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Central Florida FICPA Newsletter – Fall 2012

NEW MEMBERS The FICPA welcomed the following new members to the Central Florida Chapter during June and July 2012: APOPKA → Tonia A. Wint, MST

→ Shin Y. Liu

ORLANDO → Kathleen Linnemeier

→ Matthew T. Blondell

→ Jeffrey A. Frederick

→ Jason L. Pientka

→ Nadya Larioz

→ Robert L. Cook, CPA, CMA, MBA

→ David Laski

→ Carrie E. Sutton

→ Adam Strickler

→ Kathleen Linnemeier

→ Heidi Reveron

→ Michele Wacker

→ Kyle Bumpus

→ Angel R. Romero

→ Jessica A. Sanchez

→ Stephanie L. Weintraub

→ Teresa Ambrosino

→ Nicole R. Reyes

→ Patrick T. Schuman

→ Kleber Saavedra

→ Tawanna B. Patton

→ Jade F. Thompson

→ Lauren C. Hadley, MSA

→ Narindra Persaud

→ Tamara J. Barua

→ Joseph A. Berelsman Jr

→ Diana Castro

→ Jose A. Canas

→ Heath J. Standorf, MSA

→ Jeffrey P. Lorini

→ Benjamin D. Robinson

→ Tiffany M. Hernandez

LAKE MARY → Richard A. Crawford, MBA

→ Dean R. Orr

WINTER PARK → Dena Jalbert

→ Gregory Geibel

→ Jennifer Griffin

KISSIMMEE → Tiffany A. Jenkins → Aileen P. Abueg

→ Alexander Santiago

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Central Florida FICPA Newsletter – Fall 2012

ALTAMONTE SPRINGS → Mitzi A. Cortes OVIEDO → Steven M. Kuzma

→ R T. Dunn

→ Christina Parnell WINTER SPRINGS → Dennis Hernandez DAVIE → Melissa Stevens SANFORD → Beth-Ann Schulman, JD Welcome to the Central Florida Chapter! Be sure to check the FICPA website at www.ficpa.org for our next chapter meeting.

Stephanie Adams, Membership Chair

UCF UPDATE UCF ANNUAL MEET THE FIRMS On September 27, 2012 more than 35 firms gathered in the UCF Pegasus Ballroom to recruit new interns and fulltime staff into their audit and tax practices. The three hour event, hosted by Beta Alpha Psi and organized by Aaron Blades, was considered to be a major success as hundreds of past and present UCF accounting majors turned out for the event. BETA ALPHA PSI The Epsilon Gamma chapter of Beta Alpha Psi at UCF competed in the Deloitte Best Practices competition at the Beta Alpha Psi National Conference this past August 2nd through the 4th and came out with a third place finish. The presentation was about the practices of the chapter in social networking. This was not only the first time a team has placed on the national stage from UCF, but also the first time a team has received the opportunity to compete. Not only did the team receive an award for taking third among a pool of 8 regional champions, but they also received

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Central Florida FICPA Newsletter – Fall 2012

$1,000 for the Epsilon Gamma chapter. 3RD ANNUAL WOMEN IN ACCOUNTING SYMPOSIUM The 3rd Annual Women in Accounting Symposium is fast approaching. It is scheduled for October 19,, 2012 in the Live Oak Ballroom on the UCF Campus. This event was created by Dr. Donna Schmitt and Sherine Hassan, [email protected], who can be contacted with any questions regarding the event. It will feature an array of topics to be discussed followed by a social to end the day. FICPA PLAY FOR CHARITY DAY The FICPA will be hosting a kickball tournament/field day fundraiser at UCF’s Lake Claire Park on November 10, 2012 from 11 AM to 4 PM. This fundraiser will be raising money to help benefit Helping Hands and collecting items for The Coalition for the Homeless of Central Florida. There is no charge for the event; instead it is only asked that you bring a donation for one of the charities involved. This is a great opportunity for professionals and students to gather in a fun environment for a good cause. The event will consist of games such as kickball, volleyball, horseshoes, and other events. Lunch will also be served. Please RSVP to Pam Russell, [email protected], by November 2nd. Also, feel free to contact her with any questions you may have about the event. Joe Hadley, UCF Student Representative

PRACTIONERS FORUM MEETING SCHEDULE Date

Topic

Speaker

11/20/12

*Behavioral Finance

Eric Johnson/Heritage Invest.

12/18/12

*Tax Update

Greg King

1/21/13

**Accounting & Auditing Update

Lynda Dennis

2/19/13

*Foreign Reporting

Mia Thomas

3/19/13

*Asset Protection Strategies

Gary Forster

APRIL

NO MEETING

5/21/13

**Peer Review

Dave Holland

6/18/13

*IRS Update

Edgar Kidd

7/16/13

*Investment in Uncertain Times

Dennis Michaels

8/20/13

*Estate & Gift

Anita Barber

Class Type

*TB

**AA

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Central Florida FICPA Newsletter – Fall 2012

Newsletter Brought to You By

Dena Lester

Adam Singh

Marji Perkins