Grow With Us

1
Grow With Us

• Jerry Love, CPA
• TSCPA Chairman
• 2006-07

2
Looking Ahead

• TSCPA has a busy year ahead
• Grow With Us theme for this year
• Today Ill cover whats new for TSCPA in 2006-07

3
Membership Poised for Growth

• TSCPAs membership is stable
• However, as the number of accounting students has
  increased, there is potential for membership
  growth in the future

4
Recruitment Campaigns

• Free membership
• Member-get-a-member
• Direct mail
• Special e-newsletters for vulnerable membership
  years

5
Student Recruitment Goes to New Heights

• New for Student Membership
• Goal to have one campus rep per school
• Membership Committee exploring incentive program
  for educators who recruit student members
• Students will be invited to CPA Forums in smaller
  chapter areas

6
On the Horizon for Accounting Careers

• Customized cover for New Accountant magazine
• Pilot program for high school students, parents
  and teachers to cover careers and financial
  literacy
• Purchased expanded mailing list of Texas teachers

7
Money Management U.Upcoming Plans

• AICPA to roll out TSCPAs program across the
  nation
• TSCPA looking to translate the materials into
  Spanish
• Disaster preparedness resources to be added
• Workplace financial literacy summit to be held in
  spring

8
Financial Literacy Firsts

• Podcasts now on ValueYourMoney.org
• Called TSCPAs Money Minute
• Downloadable audio files can be heard via
  computer or mp3 player
• Cover personal finance topics in interview format

9
Media Relations

• New this year, TSCPA will host an education
  seminar for business reporters at The Dallas
  Morning News
• Session will focus on reading and understanding
  financial statements
• Pending outcome, similar programs may be
  scheduled for other newspapers

10
CPE New for 2006-07

• Live eight-hour seminars with national speakers
  coming to outlying chapter areas
• Courses on 2005 Bankruptcy Act, Paperless Office
  and Social Security issues
• Third Summer Cluster added in Galveston
• Co-sponsoring AICPA conferences
• Piloting CD-ROM materials for two conferences
• Holding 16 eight-hour seminars across Texas on
  new margin tax

11
Helping CPAs in Need

• TSCPAs Peer Assistance Program helps CPAs with
  substance abuse and mental health problems
• TSCPA operates program on behalf of State Board
• Also called Concerned CPA Network

12
Peer Assistance Grows

• In May, State Board approved funds to improve
  Peer Assistance Program
• Funding will be used to
• Provide outreach
• Maintain 24/7 800 number
• Assist CPAs in need
• Jean Lein will speak later today

13
Scholarships Soar

• Accounting Education Foundation celebrates 50th
  anniversary in 2007
• Foundation is working to increase scholarships
  by
• Selling raffle tickets for a customizable travel
  package to be drawn today
• Getting sponsors for the Chapter Challenge Golf
  Tournament
• Marshall Pitman will speak later today

14
Diversity Inclusiveness

• Formerly a task force, now a TSCPA committee
• Holding a summit Sept. 12 in Dallas
• Inviting other accounting groups and educational
  institutions to share diversity best practices

15
Professional Standards

• TSCPAs Professional Standards Committee
  responds to exposure drafts
• Will continue to monitor regulatory changes and
  comment on them
• Online member community

16
In the Works

• TSCPA may partner with other organizations to
  offer enhanced member benefits
• Illinois CPA Societys Center for Corporate
  Financial Leadership
• Research center
• Communications
• Executive education

17
Other Profession Issues

• Peer review transparency
• Private company financial reporting
• Evaluating potential changes to GAAP for
  privately-held, for-profit companies
• TSCPA task force studied issue and agreed changes
  should be made
• AICPA and FASB proposal released in early June
• Visit pcfr.org for more information
• Later today panel to discuss use of restricted
  terms by non-licensed firms

18
Grow With Us

• Looking forward to working with you as we grow
  TSCPA in 2006-07