News

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MICPA Celebrates 2022 Outgoing Board Members, Announces New Additions

The MICPA Board of Directors will begin a new term in October, which means the annual shuffle is underway. Join us as we recognize our outgoing board members, including for their hard work and dedication and get to know those who will be joining the board for the first time.

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Primary Elections Set the Stage for November:

The Michigan primary election is over, setting the stage for the gubernatorial and congressional races in November. Between new district lines and term limits, these primary results will have a significant impact on Michigan’s political landscape, resulting in at least 57 freshman elected officials headed to Lansing in January.

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BOD

Two MICPA Members Selected to Attend AICPA’s 2022 Leadership Academy

The AICPA honored 36 CPAs as members of its Leadership Academy’s 14th graduating class, including MICPA members Matthew S. Kidd, CPA, PFS, Blunden & Kidd Accounting & Consulting, and Connor Green Malatesta, CPA CITP, Markoff & Malatesta, CPAs and Advisors. As we congratulate Mr. Kidd and Mr. Malatesta on their acceptance to the AICPA Leadership Academy program, we invite our members to consider upcoming opportunities for growth. The MICPA Leadership Academy, a yearlong program that features monthly sessions all aimed at developing personal leadership styles among early-career CPAs, kicks off on Nov. 15! Learn more or submit your application today!

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HappyAccountants

100% Member Firm Maner Costerisan named Cool Place to Work by Crain’s Detroit Business

Maner Costerisan, a full-service public accounting, technology and business consulting firm, has been recognized as one of Crain’s Detroit’s 2022 Cool Places to Work. The prestigious annual list ranked Maner No. 13 among medium-sized businesses statewide and No. 40 overall.

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Tips for Handling Clients Who Committed Fraud

It is not always immediately obvious when a client’s audit will lead into a criminal case but understanding tax fraud is key to identifying early warning signs. Expert tax attorney Venar Ayar, JD, LL.M., founder of Ayar Law, shares best practices for handling a sensitive audit and insights on how the IRS conducts its investigations.

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Aquinas Offers Upskilling Opportunity for Non-CPA Professionals Working in Accounting & Auditing Firms

The Accounting and Auditing Certification Program (AACP) offered through the accounting department at Aquinas College will begin its next cohort next month, but there is still time to enroll. Find out how the AACP helps non-CPA professionals working in the accounting industry be more effective in their roles and what it is that sets this certification program apart from others.

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Short Term vs. Long Term Disability Insurance

Great Resignation: Is Disability Insurance the Hot, New Benefit? Metlife’s 2021 U.S. Employee Benefit Trendy Study indicated 80% of employers intend to increase their investment in employee benefits. Among those benefits under consideration for expansion are short and long-term disability, but is this the right move for your firm or your client’s business? Paychex breaks down the differences between each…

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Problem Solving Financing – What are my options? APS Holmes Group is here to help!

Mergers and acquisitions are up, but before making a purchase, whether as an individual or as an addition to an established firm, knowing all available options for purchase is critical. For example, according to APS Holmes, purchasing a practice is typically done through a number of financing options, rather than with a lump sum payment.

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Cyber Hygiene 101: Is Your Sensitive Data Secure?

Because smaller operations tend to have fewer resources and less security expertise than larger companies, cybercriminals view small-to-medium enterprises (SMEs) as prime targets. According to SensCy, protecting sensitive client information is less about chasing innovations in software, and more about persistent cybersecurity awareness and policy training for employees…

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Sarbanes-Oxley Celebrates 20 Years of Success

The domino-like collapse of Enron and other high-profile publicly traded companies in the early 2000s demonstrated the need for updated accounting and auditing standards. As the Sarbanes Oxley Act (SOX) turns 20, we take a look at what led to its inception and what might lay ahead as the landscape of the financial industry continues to undergo technological evolution.

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