September-October 2024

Flipbook

In this issue:

September 18, 2024

TXCPA Thanks Our Faculty and Student Ambassadors!

Faculty and student ambassadors help us strengthen TXCPA’s presence on Texas campuses and learn more about what we can do to support Texas educators and students as we focus on growing the pipeline of CPAs in Texas. Learn more in the Be An Ambassador section of TXCPA's website. Many thanks to these ambassadors for their support and engagement in 2024-2025!

Faculty Ambassadors

Linda Acevedo, CPA, The University of Texas Rio Grande Valley

Dr. Susan Anders, CPA, CGMA, Midwestern State University

Pamela Ansboury, CPA, M.Ed, San Antonio College

Michelle Avila, CPA, Our Lady of the Lake University

Madhuri Bandla, CPA, CFE, University of North Texas

Helen Bassett, Lone Star College – University Park

Okera Bishop, CPA, Austin Community College – Highland

Tara Blasor, CPA, Texas A&M University

Kelli Blount, CPA, Austin Community College – Northridge

Derrick Bonyuet-Lee, CPA, CGMA, University of Texas at Austin and Huston-Tillitson University

Regina Brown, Dallas County Community College District – Eastfield

Ricardo Colon, JD, LLM, CPA, Lamar University

Ginger DeLatte, CPA, Texas A&M University – Corpus Christi

Tiffany DeLuze, DBA, University of Mary Hardin-Baylor

Dennis Elam, CPA, Texas A&M University – San Antonio

Mary Beth Goodrich, CPA, University of Texas at Dallas

Dr. Marina Grau, CPA, Houston Community College

Jessica Hazel, CPA, McLennan Community College

Narita Holmes, CPA, University of Texas Permian Basin

LaPortia Hurse, Dallas County Community College District – Brookhaven

Selena Jefferies, CPA, Texas A&M University – Texarkana

Dr. Michael Kraten, CPA, University of Houston

Anne-Marie Lelkes, Ph.D., CPA, CMA, Texas A&M University – Kingsville

Yongli Luo, Houston Christian University

Kristy McDermott, CPA, Austin Community College – Round Rock

Dr. Arpita Shroff, CPA, University of Houston – Downtown

Kathleen Moffitt, CPA, CIA, Texas State University

Celinda Moore, CPA, Texas Tech University,

Dr. Renee Olvera, CPA, Texas Christian University

Julia Frink, Tarrant County College – Connect

Patrick Grewe, Tarrant County College – Northeast

Marsha Peters, Dallas County Community College District – Mountain View

Jacqueline Pierson, CPA, CFF, Lone Star College – CyFair

Dr. Richard Pitre, CPA, Texas Southern University

April Poe, CPA, University of the Incarnate Word

Daniel Puhl, CPA, Sam Houston State University

Dr. Laci Richardson, CPA, Lubbock Christian University

Sarah Robertson, CPA, University of Texas at El Paso

Jawanna Sanderson, CPA, Sul Ross State University

Stacie Smith, Kilgore College

Shanshan Pan, University of Houston – Clear Lake

Larry Stephens, CPA, Austin Community College – South Austin

Stephanie Swaim, CPA, Dallas County Community College District – North Lake

Jay Thibodeaux, II, CPA, Austin Community College – Eastview

Charles Thomas, Jr, CPA, CGMA, Tarleton State University

Linda R. Vaello, CPA, University of Texas at San Antonio

Dr. Robert Walsh, CPA, University of Dallas

Dr. Kimberly Webb, CPA, Texas Wesleyan University

Denise White, Austin Community College – Cypress Creek

Sunita White, CPA, Trinity University

Veronda Willis, CPA, CGMA, University of Texas at Tyler

Patricia Wynn, CPA, CMA, CGMA, CFE, CSCA, University of North Texas at Dallas

Ziyun (Calvin) Yang, University of Houston – Victoria

Jaye Simpson, Tarrant County College Northwest

Student Ambassadors

Abdul Aweda, Texas State University – San Marcos

Erica Acosta, Texas A&M University – San Antonio

Gabriela Benavides, University of Texas at San Antonio

Noel Casino, St. Mary's University

Emilio Castaneda, University of Texas at Austin

Gail O’Banner, University of North Texas at Dallas

Nelson Rose, Trinity University

Vaishnavi Jayaraman, University of Houston

Rosa Son, Houston Christian University

Amanda Perrin, Schreiner University

Ninelle Gutierrez, University of Texas at El Paso

John Varghese, Dallas County Community College District

Lenora Williams, Midwestern State University

Alma Martinez, Del Mar College

Ashley Bynum, Texas Wesleyan University

Ayham Rached, University of Texas at Dallas

Erin McSpadden, University of North Texas

Fei Song, University of Texas at Austin

Iman Raji, Huston-Tillotson University

Javier Solis Jr., Dallas County Community College District – Eastfield

Min Tan, Austin Community College

Nubia Hayes, Prairie View A&M University

Sally Simmons, Lubbock Christian University

Shalisa Smith, Tarrant County Community College

 

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

CPA Charge

Goodman Financial

Poe Group Advisors




September-October 2024

Flipbook

In This Issue

  • How Accountants Can Leverage Corporate Culture for Success

    High-profile accounting scandals have led to reforms aimed at reducing fraud and corporate misconduct, with regulators emphasizing the need for ethical corporate cultures and strong leadership. Despite its importance, corporate culture is rarely included in accounting and audit standards, leaving CPAs without clear guidance on how to assess or apply it.
    View Article

  • CPE: The Tollgates of Inventory and Financial Control

    A key challenge for management accountants and manufacturing companies is managing operations and the resulting impact on financial statements. Standard procedures, work instructions and shop floor decisions significantly influence the financial performance of inventory-focused companies. Effective monitoring of five tollgates of inventory movement is essential.
    View Article

  • Spotlight on CPAs: Madhuri Bandla, CPA-Dallas, CFE

    Madhuri Bandla is a Senior Lecturer of Accounting at the University of North Texas G. Brint Ryan College of Business. She is dedicated to student success, mentoring and volunteering, aiming to positively impact the university, the accounting profession and the local community. Learn more about her career path and her commitment to teaching, learning and facilitating professional development.
    View Article

  • Top Cybersecurity Tactics for CPAs in the Digital Age

    The article highlights the growing cybersecurity risks facing CPAs and accounting firms as digital transformation reshapes the landscape. As firms adopt advanced technologies like AI and automation to streamline operations, they become prime targets for cybercriminals due to the sensitive data they hold. Ensuring strong security practices is essential for protecting sensitive data.
    View Article

  • Every Member Plays a Part

    Read about an important update from AICPA’s National Pipeline Advisory Group. The group released a report outlining six strategies to address the accounting talent shortage, including enhancing education, supporting CPA Exam candidates and increasing diversity. TXCPA, now in the third year of our CPA Pipeline Strategy, is aligning our efforts with these national initiatives to boost outreach and workforce development.
    View Article

  • TXCPA Annual Meeting - Looking Back and Charting the Path Ahead

    TXCPA’s Annual Meeting and Leadership Council Meeting was held on June 28-29, 2024, at the Omni Frisco Hotel, blending networking, learning and fun. Leaders reviewed the accomplishments of 2023-2024 and set priorities for 2024-2025. TXCPA also emphasized community-building through local chapters, service initiatives and diversity efforts. TXCPA aims to continue addressing CPA pipeline issues, growing the membership, enhancing member benefits, and supporting advocacy initiatives.
    View Article

  • What’s Happening Around Texas - September-October

    Learn about some of the recent events and activities that happened around the state in the TXCPA chapters.
    View Article

  • 2023-2024 Outstanding Chapter Awards

    Each year, Outstanding Chapter Awards are awarded to the small and medium-sized chapters to inspire their continuing work to elevate member service. For 2023-2024, TXCPA San Angelo and TXCPA South Plains received the awards. Read about their impressive accomplishments.
    View Article
    chapter-map-coded-by-size

  • SEC Adopts Climate-Related Disclosures

    The SEC issued final rules in March for climate-related disclosures. Just a month later, the SEC issued a stay even though the rules do not become effective until 2026. With a pending review in the U.S. 8th Circuit Court of Appeals, the SEC stated that the stay’s purpose is to avoid regulatory uncertainty until the court hears the matter.
    View Article

  • Optimizing Consultant Engagement for Business Growth

    Managing a growing company involves balancing daily operations with strategic planning, financial management, marketing and compliance. In smaller firms with fluid roles, it can be hard to focus on all functions equally. Consultants can offer valuable expertise and solutions, helping business owners achieve their goals more effectively.
    View Article

  • The Importance of the CPA Pipeline

    Focus on the CPA pipeline issue has become a key topic in the accounting profession. Various task forces, state societies and legislative bodies are working on addressing the shortage of CPAs, and TXCPA is actively involved in national efforts. TXCPA is also exploring legislative changes in Texas, while ensuring that CPA mobility – allowing CPAs to practice across state lines without additional licensing – is preserved.
    View Article

  • TXCPA Thanks Our Faculty and Student Ambassadors!

    A big thank you goes to TXCPA's 2024-2025 Faculty and Student Ambassadors! Our ambassadors play a vital role in enhancing TXCPA’s presence on Texas campuses, helping us better understand how to support educators and students. Together, we are working to expand the pipeline of future CPAs in Texas.
    View Article

  • Take Note

    In this edition of Take Note: Join TXCPA's Key Persons Program; Occupational Wellness - Tips for a Fulfilling Work Life; November is Month of Service and Accounting Opportunities Month; Submit an Article to Today’s CPA Magazine
    View Article

  • Classifieds

    The classified ad section of Today's CPA offers a dynamic marketplace, featuring 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, this section connects professionals with 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
Shivam Arora, CPA-Dallas;
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;
Nikki Lee Shoemaker, CPA-East Texas, CGMA;
Natasha Winn, CPA-Houston.

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

 

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