January-February 2025

Flipbook

In this issue:

January 15, 2025

TXCPA Thanks Our 2024-2025 Professional Group Membership Program Participants!

A big thank you to the firms and companies that participated in TXCPA’s 2024-2025 Professional Group Membership program for membership renewals and new member activations. Are you ready to make membership renewal a breeze while adding more value for your team? Connect with Kristie Estrada, Manager of Membership Operations and Acquisition, at 800-428-0272, ext. 8560, to learn about our group billing option.

A.J. Brune & Associates PLLC
ABIP PC
Ablon & Co PLLC
Adam Valdez CPA PLLC
Adami Lindsey & Co LLP
Adamson & Company LLC
ADKF PC
Alexander Lankford & Hiers CPAs Inc
Allman & Associates Inc
Anderson Spector & Company PC
Anderson, Johns, Yao & Davis CPAs, P.C.
Andre + Associates PC
Anita L Woodlee Roach & Associates PC
Aprio
Armanino LLP
Armstrong Backus & Co LLP
Armstrong Vaughan & Assoc PC
Arnie & Company
Arnold Walker Arnold & Co PC
Asel & Associates PLLC
Atchley & Associates LLP
ATKG LLP
Axley & Rode LLP
B Hensley & Co LLC
Bailes & Co PC
BAKC LLP
Barg & Henson CPAs PLLC
Barrett & Thomas PC
Barry & Capers PC
Barry M Wuntch LLP Certified Public Accountants
BDO USA LLP
Beaird Harris & Co PC
Beal & Wilkes PC
Beasley Mitchell & Co
Benedict McCabe LLC
Benton Duroy & Ivey PC
Bland Garvey PC
Blazek & Vetterling
Bock & Associates LLP
Bolinger Segars Gilbert & Moss LLP
Bolton Sullivan Taylor & Weber CPAs
Brammer Begnaud & Lattimore CPAs
Brewer Eyeington Patout & Co LLP
Bright & Bright LLP
Britts & Associates LLP
Brockway Gersbach Franklin & Niemeier PC
Brown Graham & Company PC
Brunott CPA & Associates, LLC
Bryant & Welborn LLP CPAs
Buckley & Associates PC
Bumgardner Morrison & Company LLP
Burchell Denson & Morrison LLC
Burds Reed & Mercer PC
Burkhart Peterson & Co PLLC
Burnett Oil Co Inc
Burton McCumber & Longoria LLP
Butterworth & Macias PC
BWC & Associates Inc
Calhoun Thomson & Matza LLP
Calloway Stinson and Company
Candy & Schonwald
Cantrell & Associates PC
Canutillo Independent School District
Carameros & Rawls
Carpenter & Langford, PC
Carr Riggs & Ingram LLC
Carter & Company
Castle & Company CPAs PLLC
Cavett Turner & Wyble LLP
CB&C CPA PC
CD Bradshaw & Associates PC
Cherry Bekaert LLP
Chilton Wilcox & Fortenberry
City of Fort Worth
CLA
CMMS CPAs & Advisors
CohnReznick LLP
Coleman Horton & Company LLP
Collier Johnson & Woods PC
Colonial Savings FA
Conder Kletchka & Associates PLLC
Condley and Company LLP
Cook Parker and Associates LLC
Crawford Carter & Durbin LLC
Croucher Hackett Calleros & Co PC
Crowe LLP
CrownQuest Operating LLC
Cuellar Morales Gonzalez & Co PLLC
D Williams & Co PC
Daniels & Erickson PC
Davidson Freedle Espenhover & Overby PC
Dawson Geophysical Company
Delta Centrifugal Corporation
Desroches Partners LLP
Doeren Mayhew
Dorchester Minerals LP
Durbin & Company LLP
DWG CPA PLLC
Eckert & Company LLP
Edgar Kiker & Cross PC
Edgin Parkman Fleming & Fleming PC
EEPB PC
Eide Bailly LLP
EisnerAmper LLP
El Paso Community College
Erickson Demel & Associates PLLC
Estate of Thomas O’Connor
EW Tax and Valuation Group LLP
Exencial Wealth Advisors
Faske Lay & Co LLP
Fasken Oil & Ranch Ltd
Fayez Sarofim & Co
First National Bank Texas
Fisher Herbst & Kemble PC
Fitts Roberts Kolkhorst & Co PC
Flat Fee Consulting LLC
FMW PC
FORVIS LLP
Fox Byrd & Company PC
Freemon Shapard & Story
Frierson Sola Simonton & Kutac PLLC
Gage & Company CPAs LLP
Gant McGee & Baber PC
Garza & Morales LC
Garza Accounting Professionals PLLC
Garza Gonzalez & Associates
Gaskill Pharis & Pharis LLP
George Morgan & Sneed PC
Gibson Ruddock Patterson LLC
Gilliam Wharram & Co PC
Glenn Prather & Co
Goff & Herrington PC
Goldman Hunt & Notz LLP
Gollob Morgan Peddy PC
Goodman Financial Corporation
Gowland Morales & Smith PLLC
Grier Reeves & Lawley PC
Guinn Smith & Company Inc
Hahn & Oldham PC
Ham Langston & Brezina LLP
Hampton Brown & Associates PC
Harold W Shelburne CPA
Harper & Pearson Company PC
Harrison Waldrop & Uherek LLP
Hartman Wanzor McNamara LLP
Haynie & Company
Heard McElroy and Vestal, LLC
Henry & Company PC
Henry & Peters PC
Hess & Rohmer PC
HM&M
Hoak & Thorp CPAs PC
HoganTaylor LLP
Holtman Wilson & Terrell PC
Horne LLP
Houston ISD
Houston Methodist Hospital
Howard Cunningham Houchin & Turner LLP
HRSS LLP
Hudgins Crosier Sumpter PC
Hupp Bauer Hanson & Lewis
Hurd Enterprises Ltd
Huselton Morgan & Maultsby PC
Ingram Wallis & Co PC
J and K CPA LLC
Jaynes Reitmeier Boyd & Therrell PC
Jeffery A Davidson CPA PC
Jennings Hawley & Co PC
JLK Rosenberger
Johnson & Sheldon PLLC
Johnson Granado & Company PC
Jones Hay Marschall & McKinney PC
JTaylor & Associates LLC
Keller & Associates CPAs PLLC
Kelsey-Seybold Clinic
KHA Accountants PLLC
Kimbell Art Foundation
Kimbell Art Museum
Kimberling McFarland and Associates PC
KM&L LLC
Knuckols Duvall Hallum & Co PC
Kurtz & Company PC
Lain Faulkner & Company PC
Lamar University School of Accounting & Information Systems
Lane Gorman Trubitt LLC
Lange Poteet & Co LLP
LaPorte CPAs & Business Advisors
Lauterbach Borschow & Company PC
Lawrence Blackburn Meek Maxey & Co
Lemert Holder Ohm PLLC
Lewis Kaufman Reid Stukey Gattis & Co PC
Lott Vernon & Co. PC
LPF PLLC
LPT CPAs and Advisors PLLC
LSK CPAs PLLC
M & K CPAs
M2G Ventures LLC
Maddox Thomson & Associates PC
Mangold Anker Phillips PLLC
Marcum LLP
Martinez Rosario & Company LLP
Mason Warner & Company PC
Massey Itschner & Co PC
Massing & Elliott CPAs PLLC
Maxwell Locke & Ritter LLP
Mays & Associates PLLC
Mazur & Vernon
McCall Gibson Swedlund Barfoot PLLC
McClanahan and Holmes LLP
McClelland and Hine Inc
McIlvain & Associates LLC
McMahon Vinson & Hubbard LLP
Meador & Jones LLP
Meadows Collier Reed Cousins Crouch & Ungerman LLP
Melody T Schexnayder PC
Melton & Melton LLP
Mesch PLLC
Mewbourne Oil Company
Mohle Adams LLP
Moore Camp Phillips & Patterson LLP
Moore Truelove Pharis Meyers & Marsh CPAs PLLC
Mosher Seifert & Company CPAs
Moss Adams LLP
MUFG Capital Analytics LLC
MWH Group PC
Neffendorf & Blocker PC
Nelda C & HJ Lutcher Stark Foundation
Newton Newton Downs & Blair PC
Nommensen Williams Sticker & Doyle PC
Okafor & Associates PC
Oliver Rainey & Wojtek LLP
Oroian Guest & Little PC
Pannell Kerr Forster of Texas PC
Pattillo Brown & Hill LLP
Pena Briones McDaniel & Co PC
Perkins Dexter Sinopoli & Hamm PC
Perry D Reed & Company
Petro Hunt LLC
PriceKubecka PLLC
Prothro Wilhelmi & Co PLLC
PSK LLP
PYCO Industries Inc
Rally Credit Unioin
Ramdas Accounting
Randolph-Brooks Federal Credit Union
Ratliff & Associates CPAs PC
Raven A Herron PC
RBMS LLP
Redfield Miller & White LLP
Reynolds & Franke PC
Robison Johnston & Patton LLP
Roloff Hnatek and Co LLP
Ron Kirby CPA
RSM McGladrey Inc
RSM US LLP
Salmon Sims Thomas PLLC
Saville Dodgen & Co PLLC
SBNG PC
Scalco Johnson Leahy & Dudek CPAs PLLC
Schriber & Associates PLLC
Seale & Associates PC
Seidel Schroeder & Company
Shelton Mead & Shelton CPAs
Shenandoah Petroleum Corporation
Snow Garrett Williams
Sol Schwartz & Associates PC
Sommerville & Associates PC
Southside Bank
Spies Kneese & Bailey LLC
Spillar Mitcham Eaton & Bicknell LLP
Sproles Woodard LLP
Squyres & Co LLP
Stallop Compton & Robillard PLLC
Star of Hope Mission
Stedman West Interests Inc
Stephen F. Austin State University College of Business
Steven Bankler CPA Ltd
Stewart Martin Dudley & Webb PC
Stovall Grandey & Allen LLP
Strickler & Prieto LLP
Sutton Frost Cary LLP
Swank Salch & Henderson PC
SWBC
T J Hayes & Co PLLC
TETCO, Inc.
Texas Farm Bureau Insurance Cos
Texas Health Resources
Texas Society of CPAs
TG Advisors PLLC
The Blum Firm PC
The Bonadio Group
The CJ CPA Group, PLLC
The Henry Levy Group
The K FORD Group CPAs
The MB Group LLC
The Palisades Group, LLC
Thomas & Thomas CPAs PLLC
Thomas Edwards Group
Thomas V Stephen & Co PC
Thompson Derrig & Craig PC
Tiller Ketterman & James LLC
Todd Hamaker & Johnson LLP
Turner Stone & Company LLP
Tyler ISD
United Way of Greater Houston
University of Texas at Tyler
Vail & Park PC
Van Houten & Associates PC
VeraBank
Vernon E Faulconer Inc
Wathen DeShong & Juncker LLP
Weaver and Tidwell LLP
Weinstein Spira & Company PC
Wenzel & Associates CPAs LLC
West Texas A&M University
Whitley Penn LLP
Wilf & Henderson PC
Williams Steinert Mask LLP
Williamson County
Wilson Haag PLLC
Wind Energy Transmission Texas, LLC
Wolfe and Company PC
Woodland Advisors LLC
Your Part-Time Controller LLC
YWRD PC

 

 

Thanks to the Sponsors of Today's CPA Magazine

This content was made possible by the sponsors of this issue of Today's CPA Magazine:

Accounting Biz Brokers

Accounting Practice Sales

Capstan

CPA Charge

efile4Biz

Goodman Financial

Poe Group Advisors

 

 

March-April 2025

Flipbook

In This Issue

  • The Future of CPA Licensing: TXCPA Members in Action at the State Capitol

    With the profession facing a talent shortage, legislative efforts are underway to introduce alternative pathways to licensure. Additionally, bills have been introduced to address CPA mobility and practicing accounting across state lines. TXCPA members took action at the Texas Capitol to address and emphasize the importance of these initiatives in strengthening the profession.
    View Article

  • CPE: Corporate Codes of Conduct - Similarities and Differences, and Implementation and Communication Strategies

    Codes of conduct serve as essential guidance for organizations, ensuring ethical behavior, regulatory compliance and corporate integrity. This article examines the significance of codes of conduct, highlighting examples from Fortune 500 companies. Effective implementation involves executive endorsement, ongoing communication and integration, and reinforcing accountability.
    View Article

  • Build on Our Momentum

    During TXCPA's 2025 Advocacy Day at the state Capitol, CPA professionals met with legislators to discuss proposed legislation on alternative CPA pathways and mobility. These efforts strengthened relationships with lawmakers, positioning CPAs as trusted advocates for the profession. The positive feedback from legislators reflects the impact of these advocacy efforts.
    View Article

  • Assessing AI From a Tax Perspective, Part 2

    In part 2 of a series, this article examines the risks and limitations of using AI in tax preparation. While AI tools like ChatGPT, Copilot, Perplexity, and TaxGPT can assist with tax research, their accuracy depends on precise prompts and professional oversight. Responses are often outdated, misleading or incorrect, posing risks to professionals who rely on them without verification.
    View Article

  • Understanding Sustainability Accounting Standards Board Standards

    The Sustainability Accounting Standards Board (SASB) provides industry-specific guidelines for companies to report on ESG factors that impact financial performance. Companies use SASB metrics to enhance investor transparency and manage ESG risks. While SEC regulations on sustainability remain pending, over 3,000 companies worldwide have voluntarily adopted the standards to improve corporate performance.
    View Article

  • What’s Happening Around Texas - March-April 2025

    TXCPA chapters across Texas hosted various events to engage members and support future CPAs. TXCPA Dallas held a Coffee & Connections event, while TXCPA East Texas members inspired students at UT Tyler’s Beta Alpha Psi meeting. TXCPA Fort Worth welcomed new licensees at a luncheon and in San Antonio, members celebrated new iDEAL graduates and elected the 2025-2026 Officers and Directors.
    View Article

  • Navigating Timekeeping Compliance in Government Contracting

    Texas contractors receiving government funding must maintain rigorous accounting practices, particularly in timekeeping and labor distribution, to ensure they are adhering to federal regulations. CPAs and finance professionals play a crucial role in enforcing applicable standards. Mastering timekeeping is essential to help meet federal standards and uphold the integrity of taxpayer-funded projects.
    View Article

  • Spotlight on CPAs: Shilpa Boggram Sathyamurthy, CPA-Houston, CA

    Shilpa Boggram Sathyamurthy is an accounting profession leader with experience in both public and industry accounting. In this Spotlight on CPAs article, she discusses the differences in their focus, workload and learning opportunities. She also actively contributes to TXCPA through committee service, valuing collaboration and professional development.
    View Article

  • Do New SEC Disclosure Requirements for Share Repurchases Dilute Their Benefit?

    The SEC introduced new disclosure requirements for share repurchases, aiming to increase transparency. Under the updated rules, companies must now disclose daily repurchase data in quarterly reports. Companies must also disclose whether insiders traded in the four days before or after announcing a buyback. The rules do not specifically address accelerated share repurchase programs.
    View Article

  • Custom Reporting Solutions for ASC 842 Lease Accounting

    ASC 842 compliance remains challenging as organizations manage complex lease portfolios and multiple accounting systems. While standard software offers reporting features, many require custom solutions to integrate specific accounting attributes and enhance internal controls. Using a structured approach to developing custom reports can help improve efficiency and support the decision-making process.
    View Article

  • 2024-2025 Accounting Education Foundation Scholarship Recipients

    The TXCPA Accounting Education Foundation (AEF) awards scholarships to outstanding students, providing not only financial aid but also connections to a supportive community of experienced professionals. Congratulations to these exceptional students for their dedication and commitment to excellence!
    View Article

  • Take Note

    In this edition of Take Note: How to Get the Latest Updates on BOI Reporting; Safeguard What Matters Most; Accountants Confidential Assistance Network; Advocacy Day and Midyear Leadership Council Meeting; TXCPA Career Center; CGMA® Designation
    View Article

  • Classifieds

    The classified ad section features listings for practice owners looking to sell, professionals seeking firms to purchase and a variety of specialized services. Whether you're looking to expand, sell or explore niche opportunities, these classified ads can connect you to valuable business prospects and resources.
    View Article

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

MANAGER, MARKETING AND COMMUNICATIONS
Peggy Foley
pfoley@tx.cpa

MANAGING EDITOR
DeLynn Deakins
ddeakins@tx.cpa

COLUMN EDITOR
Don Carpenter, MSAcc/CPA

DIGITAL MARKETING SPECIALIST
Wayne Hardin, CDMP, PCM®

CLASSIFIEDS
DeLynn Deakins

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

 

Editorial Board
Derrick Bonyuet-Lee, CPA-Austin;
Aaron Borden, CPA-Dallas;
Don Carpenter, CPA-Central Texas;
Rhonda Fronk, CPA-Houston;
Aaron Harris, CPA-Dallas;
Baria Jaroudi, CPA-Houston;
Elle Kathryn Johnson, CPA-Houston;
Jennifer Johnson, 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;
Shilpa Boggram Sathyamurthy, CPA-Houston, CA
Nikki Lee Shoemaker, CPA-East Texas, CGMA;
Natasha Winn, CPA-Houston.

CONTRIBUTORS
Melinda Bentley; Kenneth Besserman; Holly McCauley; Craig Nauta; Kari Owen; John Ross; Lani Shepherd; Patty Wyatt

 

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