Professional Issues Update Series – Two Down And Seven To Go

It was a pleasure to participate in SCACPA’s annual seminar series called the Professional Issues Update or PIUs last week in Florence and Myrtle Beach.  A big “thank you” to the local chapter members who hosted these events.  Coming off the heels of the SCACPA Board’s Planning Retreat gave us ample momentum to carry SCACPA’s vision to the Pee Dee and the Grand Strand.  Working a “tag team” with staff members Erin Hardwick and Katherine Swartz is a pleasure again this year.  SCACPA is blessed to have such an energetic and professional team represent us not only in Columbia, but throughout our state and at the national level. 

As the PIUs continue, we will be updating current developments.  IFRS convergence work continues even as work on developing standards for private companies heats up. And in South Carolina, legislative advocacy, both at the state and more now at the federal levels,  is a continuing work in process.  A new word – Glocal – (Global and Local) has entered my vocabulary.  CPAs in South Carolina cannot afford to rest, stand still or ignore any of the developments, be they from the State House in Columbia or the international conference table that forms international accounting standards. 

Here at SCACPA, we have our own unique works in progress.  The new edition of The CPA Report is focusing on “1000 Points of Green.”  Please do not let this copy collect dust.  There are many facets of our work to bring corporate sustainability into action. Our own SCACPA office is seeking the designation of becoming “green certified.”  And SCACPA’s Sustainability Task Force will issue the next challenge to CPA firms, those in business and industry to follow suit.  One entire section of our PIU has been devoted to the timely and critical subject of corporate sustainability – and why and how the CPA should be involved. We tried to be the first CPA society in the United States to initiate a sustainability program.  But, we have found that we have joined four other state societies in 2010 that have formally set this into motion.  At least South Carolina CPAs are in the top 10 percent nationally in addressing this timely matter.  My kudos to all that are currently involved – particularly Rich Waycaster who has stepped up to chair the task force and lead the initiative for SCACPA!

These are exciting times.  And I hope you are as excited as I am about attending the PIU in your area.  See you there…………….

Blogger: Charles ‘Eddie’ Brown, CPA

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About scacpa

The South Carolina Association of CPAs is a professional organization that provides support to all CPAs – whether in public practice, industry, government or education - with lifelong learning opportunities necessary for their success, the promotion of high ethical standards and legislative advocacy for both the public good and for the profession.
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