January 24, 2024

What’s Happening Around Texas: Month of Service and Career Awareness

TXCPA’s Accounting Opportunities Month, held in conjunction this year with our annual Month of Service, showcased the remarkable dedication of members in making a meaningful impact in your communities. Through volunteer efforts like visiting classrooms and supporting local causes, TXCPA members inspired future CPAs and contributed to charitable organizations across Texas.

The diverse range of activities, from educational and career awareness outreach to charitable initiatives, displayed the collective strength and generosity of TXCPA members. The activities not only benefited local communities but also highlighted the broader role CPAs play beyond their professional roles. The success of this initiative underscores the importance of members giving back and inspiring the next generation.

We thank all the TXCPA members who participated for your commitment and impact during Month of Service and Accounting Opportunities Month, showcasing your generosity and desire to make a positive change in Texas. Here are a few of the ways members and chapters participated in November.

Month of Service

TXCPA Fort Worth members participated in SANTACCOUNTANTS for the 34th year! This year, generous TXCPA members collected new toys and warm clothes for 745 kids in Tarrant and Hood counties.

TXCPA member Karen Horne, CPA-Fort Worth, handcrafted 15 beautiful
quilts for children at the Center for Transforming Lives during TXCPA’s Month of Service. The quilts were wrapped and distributed during the SANTACCOUNTANTS program.

TXCPA Wichita Falls members volunteered at a local food bank. The chapter collected 453 pounds of food.

n November 7, TXCPA Houston members and guests volunteered at the Houston Food Bank.

TXCPA’s Strategic Partner, Goodman Financial, embraced the season of giving by providing each of their 23 employees with $1,000 to donate to their favorite charity.

Accounting Opportunities Month

On November 7, Christine Wells, CPA-Central Texas, gave an accounting careers presentation to University of Mary Hardin Baylor students. There were about 25 students in attendance.

TXCPA Austin and Austin Community College partnered to offer a Career Fair to student members on November 11 at the ACC Highland Campus.

On November 14, Rachel Glasser, CPA-Fort Worth, volunteered her time to help students at The University of Texas at Arlington complete a risk assessment case study.

On November 16, Jeffrey McCormick, CPA-San Angelo, spoke to students at Angelo State University’s Beta Alpha Psi monthly meeting. During his presentation, Jeffrey discussed the many different career opportunities available to those with accounting degrees and the benefits of obtaining a CPA license.


  • Take Note

    In this edition of Take Note: TXCPA Connects With 2,800+ Students During Accounting Opportunities Month; Purchase a Listing in TXCPA’s New Employer Guide; TXCPA’s Career Center; Top Meditation Apps; Leadership Nominations; TXCPA Recognizes 2023-2024 Award Recipients
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  • Spotlight on Cyber Insurance

    Cyber insurance is essential for protecting businesses from the increasing frequency and cost of cyberattacks. Standalone cyber insurance policies provide comprehensive coverage, including incident response, business interruption, cybercrime, and privacy liability. This insurance is particularly crucial for accounting firms, which are frequent targets of cyberattacks, helping them mitigate financial and reputational damages.
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  • Will Others Follow BDO’s Lead to Attract and Retain Staff?

    Facing a decline in new entrants and retention issues, BDO USA implemented an Employee Stock Ownership Plan (ESOP), departing from the traditional partnership model. This shift gives BDO's employees ownership stakes, aligning their interests with the firm's long-term success. This move may set a precedent for other large and mid-market firms to follow.
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  • The 2024 Election and the Upcoming 2025 Legislative Session

    The 89th Session of the Texas Legislature starts on January 14, 2025, following a tumultuous 2024 election season where the Texas House saw many incumbents defeated and significant political upheaval. TXCPA invites input on important legislative issues as we prepare for the upcoming session.
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  • Tackling the Talent Shortage

    The July/August issue of Today's CPA features the first message from our new TXCPA Chair. He writes that it's an exciting time for accounting educators, particularly in light of TXCPA's multi-year CPA Pipeline Strategy and involvement with AICPA's National Pipeline Advisory Group, all aimed at addressing the talent shortage in the accounting profession.
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  • 2024-2025 TXCPA Chapter Officers

    See the listing of new TXCPA chapter officers. This dedicated group of volunteers will be leading the chapters in the 2024-2025 year.
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  • What’s Happening Around Texas

    In What’s Happening Around Texas, we give you highlights of events and activities happening around the state in TXCPA and the TXCPA chapters.
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  • Corporate Transparency Act: An Update

    Now that 60 days have passed since the Corporate Transparency Act was implemented, this article provides an update on the latest issues. Even if CPAs are not responsible for BOI filings, they should monitor changes in guidance and relay this information to their clients to keep them aware.
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  • CPE: Distinguishing Debts from Equity - Warrants Issued in Conjunction with Debt Instruments

    Stock warrants give an entity the right to buy or sell a security at a set price before a certain date, deriving value from their underlying asset, similar to stock options. Companies may issue these warrants alongside equity or debt instruments. This article focuses on warrants issued with debt instruments, analyzing their classifications and accounting implications based on ASC guidance.
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  • Introducing Our New Chair, Mohan Kuruvilla

    Mohan Kuruvilla, Ph.D., CPA-Houston, is serving as TXCPA's Chair for 2024-2025. His focus is on modernizing accounting education with data analytics and AI while addressing the talent shortage through experiential learning and stronger academic-employer partnerships. His objectives for the year include promoting continuous learning and attracting students to the accounting profession.
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CHAIR
Mohan Kuruvilla, Ph.D., CPA

PRESIDENT/CEO
Jodi Ann Ray, CAE, CCE, IOM

CHIEF OPERATING OFFICER
Melinda Bentley, CAE

EDITORIAL BOARD CHAIR
Jennifer Johnson, CPA

MANAGING EDITOR
DeLynn Deakins
ddeakins@tx.cpa

COLUMN EDITOR
Don Carpenter, MSAcc/CPA

WEB EDITOR
Wayne Hardin

CLASSIFIEDS
DeLynn Deakins

Texas Society of CPAs
14131 Midway Rd., Suite 850
Addison, TX 75001
972-687-8550
ddeakins@tx.cpa

 

Editorial Board
Shivam Arora, CPA-Dallas;
Derrick Bonyuet-Lee, CPA-Austin;
Aaron Borden, CPA-Dallas;
Don Carpenter, CPA-Central Texas;
Melissa Frazier, CPA-Houston;
Rhonda Fronk, CPA-Houston;
Aaron Harris, CPA-Dallas;
Baria Jaroudi, CPA-Houston;
Elle Kathryn Johnson, CPA-Houston;
Jennifer Johnson, CPA-Dallas;
Joseph Krupka, CPA-Dallas;
Lucas LaChance, CPA-Dallas, CIA;
Nicholas Larson, CPA-Fort Worth;
Anne-Marie Lelkes, CPA-Corpus Christi;
Bryan Morgan, Jr, CPA-Austin;
Stephanie Morgan, CPA-East Texas;
Kamala Raghavan, CPA-Houston;
Amber Louise Rourke, CPA-Brazos Valley;
Nikki Lee Shoemaker, CPA-East Texas, CGMA;
Natasha Winn, CPAHouston.

CONTRIBUTORS
Melinda Bentley; Kenneth Besserman; Holly McCauley; Shicoyia Morgan; Craig Nauta; Kari Owen; John Ross; April Twaddle

 

Your TXCPA membership has not been renewed for 2024 -2025. Renew now.