Examination of Pre-Certification Education
An NYSSCPA White Paper and additional commentary

By the Quality Enhancement Policy Committee
Sharon Sabba Fierstein, Chair

Prompted by New York’s forthcoming adoption of the 150-hour requirement to sit for the CPA exam, the NYSSCPA’s Quality Enhancement Policy Committee drafted a white paper to
encourage discussion on what skills and knowledge should be required as part of the pre-certification education of CPAs.
This white paper, which was approved by the Society’s Board of Directors, is presented here, along with additional commentary from the NYSSCPA’s Higher Education Committee.

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Publisher's Column

Six Years of the Sarbanes-Oxley Act

More than six years have passed since Congress enacted the Sarbanes-Oxley Act (SOX) in the wake of the Enron collapse and other corporate debacles that shook the investor community and the general public. Facing political pressure to act, the U.S. House of Representatives and the Senate quickly passed a package of reforms by near-unanimous approval. Full Story

Something Is Wrong

Much-needed accounting reform died in the New York State Senate on June 23. Although the assembly unanimously passed the legislation, the senate did not vote on the bill. What makes this more disappointing is that the senate had brought an identical bill with identical language on its floor. For almost 10 years, the NYSSCPA has pushed for necessary accounting reform in New York.
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Tax Rebate Checks as Economic Stimulus

The Economic Stimulus Act of 2008 that was signed into law on February 13, 2008, includes a broad rebate program for individual taxpayers. In general, individuals with earned income between $3,000 and $75,000 receive $600. A couple filing jointly with earned income between $3,000 and $150,000 receives $1,200. Full Story

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