SkyscapesJANUARY 2012Vol. 4 Issue 3

Newsletter of the Kansas Society of CPAs

IN THIS ISSUECircular 230: The Board of Accountancy Rules

Cheryl Hayward, CPA & Virginia (Ginger) Powell, CPA

Recognizing & Relating to Four Behavioral Styles Rich Drinon

Clarity Project: Implementing AICPA’s Clarified SASs

Celebrating 80 years

OfficersRobert J. Schuster, Chair, Designated AICPA Council Representative M. Aron Dunn, Vice ChairMelinda A. Hitz, Secretary/TreasurerJohn H. Bruckner, Immediate Past Chair

Board of Directors(Term Expires 2014)Rebecca J. CaseySean M. CoppCharles GnizakTrisha A. CavanaughJames A. WurbsRodney G. Van Norden, KSBOA LiaisonGary C. Allerheiligen, AICPA Council Rep.

Board of Directors(Term Expires 2012)

Chet BuchmanM. George DurlerLewis R. EricksonGregg C. GoodwinMichelle Schneider

Educational Foundation Board of TrusteesJohn C. Rich, ChairNorman P. Hope, Vice ChairKenneth A. Selzer, Secretary/TreasurerKyle J. HawkJohn W. DenneyPaul T. MasonCheryl G. HaywardJohanna D. Lyle

Political Action CommitteeDenis W. Miller, ChairJames T. Clark, TreasurerDeAnn A. HillEric J. LarsonLeon C. LoganKathryn J. MitchellMichael V. Rogers

Mary R. MacBain, CPA.CITP President/CEOKaren Mitchell, CPAFinance DirectorMarlene Shellenberger,Administrative ManagerDanielle Bulson,Membership & Communications CoordinatorKevin Moravec, Graphic DesignerRita Barnard,Peer Review Administrator

Editors: Mary R. MacBain, Editor-in-Chief

Contributing Writers: Cheryl Hayward, CPA;Virginia (Ginger) Powell, CPA; Rich Drinon;Marlee Carpenter;

The Kansas Society of Certified Public Accountants, Inc.100 SE 9th Street, Suite 502Topeka, KS 66612-1213Phone: 785.272.4366, FAX: 785.272.4468

Board of Directors(Term Expires 2013)

James K. BoomerGinger L. FarneyCarolyn C. GeorgeMindi A. OrmistonMatthew R. List

SkyscapesCongratulations KSCPA and Members! This month begins a year of celebration – the 80th year of the Kansas

Society of CPAs! A lot has happened since the KSCPA was founded on October

17, 1932. In 1936, the KSCPA had $178.07 and there were 79 members

in 1944. The Board of Accountancy was created in 1951, and the KSCPA

joined forces with the Board in 1970 to support legislation that established a

JANUARY 2012Vol. 4 Issue 3

baccalaureate or higher degree with a major or concentration in accounting to sit for the CPA exam. Effective

July 1, 1975, CPE became a requirement for permit renewal, giving a boost to membership and revenue. In

1977, membership reached 1,000. 1979 marked the end of the prohibition on CPA advertising and in 1992,

the Board of Accountancy voted to permit CPAs to receive commissions and referral fees.

In 1989, the KSCPA board of directors adopted a policy to support the 150-hour education

requirement to sit for the CPA examination, and this became law effective July 1, 1997. In 1989, the KSCPA

began administering the AICPA quality review program in Kansas, and legislation mandating quality review

for Kansas permit renewal was signed into law in 1993. Legislation passed to allow the CPA examination to

become computerized in April 2004.

These are only a few milestones from the KSCPA history book. Today, the KSCPA has more than

2,800 members and a budget of approximately $1.1M. For more about the history of the KSCPA, click here.

The cover of this edition of Skyscapes speaks volumes about who we are and most will never change.

Change is a given, however, and change is happening fast in a world of short-term focus. The long-term

view, however, is what makes us strong, and the human dynamics in the KSCPA membership makes us even

stronger.

The KSCPA leadership first crafted a formal strategic plan in 2003, almost 10 years ago. The plan

outlines our shared vision/purpose, mission, core values, and strategic objectives. Our leaders meet biannually

to review the plan, identify “big rocks,” and propose action items.

Check out our 4th “20 up to 40” group of participants beginning on page 18. The group met in

Topeka on January 19-20, and I had the pleasure of proposing a challenging group project; namely, to study

the current KSCPA vision, mission, core values, and strategic objectives, and to propose changes, if any, from

the viewpoint of a young professional. Yes, many of us are on the cusp of retiring (over 60% of our male

members are over the age of 50), and sustainability of our society and profession is critical. Strong leadership

is essential. The participants will work on their project over the coming year with input from our leaders and

leadership coaches. They will present their ideas at the 80th Annual Meeting on November 14 at the Hyatt

in Wichita. This is a meeting you do not want to miss! In addition to our usual professional issues update

and leadership meetings, an 80th anniversary gala will be held the evening of November 14 with a special

performance by Lonnie McFadden and his jazz group.

Over the coming months, I will review the current “big rocks” and invite all members to participate

in the future of the KSCPA and the profession. I remember when the AICPA celebrated the 100th year, and

we are now celebrating 125! We can look forward to marking 100 years of the KSCPA in 2032 as we continue

to evolve as professionals and leaders.

Warm Regards,

Robert Schuster79th Chair of the KSCPA

DRINON'S LEADERSHIP EXPRESS

Recognizing & Relating to Four Behavioral Styles

Skyscapes

Statements of fact and opinion are made by authors alone and do not imply an opinion on the part of the officers or members of the KSCPA. Publication of an advertisement in Skyscapes does not constitute an endorsement of the product or service by Skyscapes or the KSCPA. Copyright © 2012 Kansas Society of CPAs; Topeka, KS. All rights reserved.

KMAG Update15

UPDATES AND UPCOMING EVENTS

FEATURES

Update on Peer Review16Meet the 2012 “20 up to 40” Participants18KSCPA News22New CPA Passers and In Memoriam

Circular 230 and Board of Accountancy Rulesby Cheryl Hayward

140804 12Recognizing & Relating to Four Behavioral Stylesby Rich Drinon

Member ProfileSteve Anderson, CPA

CONTENTS

Chapter News & Member News23

New KSCPA Members24Legislative Update25“20 up to 40” Leadership Program: Topeka Session26

Clarity Project:Implementing AICPA’s Clarified SASs

Upcoming chapter meetings and a look at the accomplishments of our members from across the state

Legislative Reception 28CPE Member Survey30Professional Development34

MEMBERPROFILESteve Anderson

Classified Ads36

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January 2012

T he recent changes to Circular 230 have given many practitioners a chance to revisit the primary publi-cation governing practice before the

Internal Revenue Service. Although the implementation of the Registered Tax Re-turn Preparers and the PTIN programs has garnered most of the attention of practitio-ners, there are other changes that could have a significant impact on the way CPAs con-duct their practice. Many of the duties and restric-tions contained in Circular 230 are similar to provisions of the Kansas Board of Ac-countancy Laws and Regulations. A chart is included that provides a comparison of selected provisions of Circular 230 and the comparable sections of the Kansas Statutes Annotated (K.S.A.) and Administrative Regulations (K.A.R.). K.A.R. Section 74-5-202 requires licensees to comply with the rules of other authoritative bodies. Given mobility, licensees could find themselves subject to the rules of well over 175 separate organizations and agencies. Practitioners should pay particu-lar attention to Subpart B of the Circular, Duties and Restrictions Relating to Practice Before the Internal Revenue Service. Cer-tain provisions of Subpart B are discussed below.

RETURN PREPARATION AND PRACTICING BEFORE THE IRS

I believe the most overlooked change to Circular 230 has to do with the addition of a new section dealing with re-turn preparation and the application of the duties and restrictions regarding practice before the Internal Revenue Service. Prior to the addition of Circular 230 Section 10.8, it was unclear if the preparation of tax returns constituted practice before the IRS. Many commentators took the position that preparation of tax returns did not constitute practice before the Internal Revenue Service

and, therefore, tax return preparers were not subject to all of the rules of Circular 230. New Section 10.8 clearly indicates any indi-vidual who is compensated for the prepara-tion or assists with the preparation of all or substantially all of a tax return or claim for refund is subject to the duties and restric-tions related to practice before the Internal Revenue Service. With the clarification that tax re-turn preparers are subject to all of the duties and restrictions regarding practice before the Internal Revenue Service, it is the rules contained in Circular 230 Section 10.29 regarding potential conflicts of interest that may result in violations for unaware practi-tioners and licensees. Circular 230 indicates a conflict of interest exists in two situations; first, if the representation of one client will be directly adverse to another client; second, there is a significant risk that the representa-tion of one or more clients will be materially limited by the practitioner’s responsibilities

to another client, a former client or a third person, or by a personal interest of the prac-titioner. Although the term “representation” is not defined in Circular 230, its use in oth-er sections of Circular 230 clearly includes the preparation of tax returns. A conflict of interest could exist when a practitioner pre-pares tax returns for a flow-through entity and also prepares the tax return for one or more of the beneficiaries, partners or share-holders. The treatment of any material item on the tax return which may adversely im-pact any one of the beneficiaries, partners or shareholders could result in a conflict of in-terest under Circular 230. For example, if a practitioner prepared a return with an elec-tion to expense a material amount of asset additions under Section 179 or claim bonus depreciation which benefited one of his or her clients and another beneficiary, partner or shareholder were adversely impacted due to basis limitations or because they were in a low marginal tax year, the affected party

Circular 230 and Board of Accountancy RulesArticle by Cheryl Hayward, CPA & Virginia (Ginger) Powell, CPA

Many of the duties and restrictions contained in Circular 230 are similar to provisions of the Washington Public Accountancy Act and Board Rules.

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could claim the practitioner had a conflict of interest in the preparation of the tax re-turn. Notwithstanding the existence of a conflict of interest, Circular 230 provides the practitioner with relief if the practitio-ner; (I) reasonably believes he or she will be able to provide competent and diligent rep-resentation to each affected client; (2) the representation is not prohibited by law; and (3) the affected client waives the conflict of interest and gives informed consent in writ-ing. Unfortunately, there are times when a conflict is not necessarily evident until after the fact. If there is any potential a conflict may exist, it may be beneficial for practitioners to acknowledge a potential conflict and, as long as they meet the other two requirements previously noted, obtain

a waiver letter at the time the tax return is prepared in order to avoid any subsequent problems.

RETURNING AND WITHHOLDING CLIENT RECORDS

Practitioners are required under Circular 230 to return client records that are necessary for the client to comply with his or her Federal tax obligations. The term “records” includes any schedule prepared by the practitioner with respect to a prior re-turn that is needed to help the client comply with the preparation of their current return. Both Circular 230 and the newly proposed AICPA rule 501-1 defer to state law regard-ing the withholding of certain client records for the nonpayment of fees. Kansas regula-tions adopt Rule 501 of the AICPA which states that client records should be returned

Comparison of Circular 230 and Board of Accountancy RulesTopic Circular 230 (revised 8/2011)  Board Rules

Paragraph K.S.A. or K.A.R. Reference

Practice before the IRS 10.2(a)(4)Includes preparation or filing of tax returns K.A.R. 74‐5‐201

Incorporates rules of authoritative bodies into the rules of conduct for Kansas licensees

Definition of practitioner 10.2(a)(5)

Includes CPA not under suspension and Registered Tax Return Preparer (RTRP) K.A.R. 74‐5‐2 

Defines practice of certified public accountancy

Who may practice 10.3(b)

Any CPA who is not under suspension or disbarment from practice before the IRS Various

Must obtain a license and meet ongoing qualification standards to renew

Return preparers subject to Circular 230 10.8

Clearly indicates return preparers are subject to all duties and restrictions contained in Circular 230 K.A.R. 74‐5‐202

Kansas regulations adopt standards set by AICPA tax executive committee which promulgates Statements on Standards for Tax Services (SSTS), that complement Circular 230

Diligence as to accuracy 10.22 Must exercise due care K.A.R. 74‐5‐201

CPAs shall comply with AICPA professional standards including rule 201‐Competence

Assistance from suspended persons 10.24

Cannot accept or provide assistance from/to any person unable to practice before the IRS K.A.R. 74‐5‐402

Cannot permit others to carry out acts which violates rules of conduct

Contingent fees 10.27

Cannot charge an unconscionable fee.  With exception, cannot charge contingent fees. K.A.R. 74‐5‐104

Shall comply with rule 302 contained in AICPA professional standards

Return of client records 10.28

Must return records (written or electronic) necessary for client to comply with his or her Federal tax obligations.  Includes schedules prepared by the practitioner.  May withhold for nonpayment of fees if state law allows. K.A.R. 74‐5‐401

Adopts AICPA Rule 501 which address return of client records

Conflicting interests 10.29

Cannot represent client if conflict‐      1‐exists (a divorce), or;                         2‐There is a significant risk of a material item for potential conflict between clients.  May be mitigated by obtaining a signed waiver from the clients. K.A.R. 74‐5‐102

Shall be free of conflicts of interest, including interpretations under rule 102 of AICPA professional standards.

Chart continued on page 6Circular 230 Disclaimer: These materials are informational in nature and users of these mate-rials may not rely upon them to avoid imposition of tax penalties.

to the client and there is no provision to withhold client records for nonpayment of fees. Client records prepared by the practi-tioner or supporting records related to com-pleted and issued work product should be provided to the client, except such records may be withheld for nonpayment of fees.

SANCTIONS FOR DISREPUTABLE CONDUCT

Circular 230 allows for the sanc-tion of practitioners for disreputable con-duct. Such conduct includes giving false or misleading information to the Department of the Treasury or any officer or employees of the Treasury. K.S.A. 1-311 allows for the sanction of licensees for acts of dishonesty, fraud, or negligence which includes, but is not limited to, making misleading, decep-tive or untrue representations while repre-

6

January 2012

senting oneself as a licensee. The sanction under Circular 230 for giving false or mis-leading information is limited to dealing with the Treasury. Disreputable conduct under Cir-cular 230 also includes the suspension from practice as a CPA by the licensee’s State Board of Accountancy. K.S.A. 1-311 provides that the board may deny an ap-plication for a Kansas certificate, revoke or suspend any certificate issued under Kansas law, or may revoke, suspend or refuse to re-new any permit issued due to a number of causes including the revocation, or suspen-

sion of the right to practice by the Public Company Accounting Oversight Board or any state or federal agency, and dishonesty, fraud or gross negligence in the practice of certified public accountancy. Knowingly directly or indirectly accepting assistance from or providing as-sistance to someone who is suspended from practice before the Internal Revenue Service to prepare tax returns constitutes disreputa-ble conduct under Circular 230. Although there are no corresponding provisions in the laws or regulations for hiring tax return preparers, K.A.R. 75-5-402 does regulate

acting through others. The rules state that a certified public accountant shall not per-mit others to carry out on his or her behalf, either with or without compensation, acts which, if carried out by the certified public accountant, would place him or her in vio-lation of the rules of conduct. Practitioners may find it beneficial to obtain a written affirmation from tax return preparers that the preparers do not have any restrictions regarding practice before the IRS.

Chart continued from page 5

Comparison of Circular 230 and Board of Accountancy RulesTopic Circular 230 (revised 8/2011)  Board Rules

Paragraph K.S.A. or K.A.R. Reference

Practice before the IRS 10.2(a)(4)Includes preparation or filing of tax returns K.A.R. 74‐5‐201

Incorporates rules of authoritative bodies into the rules of conduct for Kansas licensees

Definition of practitioner 10.2(a)(5)

Includes CPA not under suspension and Registered Tax Return Preparer (RTRP) K.A.R. 74‐5‐2 

Defines practice of certified public accountancy

Who may practice 10.3(b)

Any CPA who is not under suspension or disbarment from practice before the IRS Various

Must obtain a license and meet ongoing qualification standards to renew

Return preparers subject to Circular 230 10.8

Clearly indicates return preparers are subject to all duties and restrictions contained in Circular 230 K.A.R. 74‐5‐202

Kansas regulations adopt standards set by AICPA tax executive committee which promulgates Statements on Standards for Tax Services (SSTS), that complement Circular 230

Diligence as to accuracy 10.22 Must exercise due care K.A.R. 74‐5‐201

CPAs shall comply with AICPA professional standards including rule 201‐Competence

Assistance from suspended persons 10.24

Cannot accept or provide assistance from/to any person unable to practice before the IRS K.A.R. 74‐5‐402

Cannot permit others to carry out acts which violates rules of conduct

Contingent fees 10.27

Cannot charge an unconscionable fee.  With exception, cannot charge contingent fees. K.A.R. 74‐5‐104

Shall comply with rule 302 contained in AICPA professional standards

Return of client records 10.28

Must return records (written or electronic) necessary for client to comply with his or her Federal tax obligations.  Includes schedules prepared by the practitioner.  May withhold for nonpayment of fees if state law allows. K.A.R. 74‐5‐401

Adopts AICPA Rule 501 which address return of client records

Conflicting interests 10.29

Cannot represent client if conflict‐      1‐exists (a divorce), or;                         2‐There is a significant risk of a material item for potential conflict between clients.  May be mitigated by obtaining a signed waiver from the clients. K.A.R. 74‐5‐102

Shall be free of conflicts of interest, including interpretations under rule 102 of AICPA professional standards.

Comparison of Circular 230 and Board of Accountancy RulesTopic Circular 230 (revised 8/2011)  Board Rules

Paragraph K.S.A. or K.A.R. Reference

Advising clients on penalties 10.34( c)

Must inform client of any penalties likely to apply to a position on a return if practitioner prepares or signs the return K.A.R. 74‐5‐202

Kanss regulations adopt standards set by AICPA tax executive committee which promulgates SSTSs that complement Circular 230

Authority to suspend 10.50(a)Includes disreputable conduct and failure to comply  with Circular 230 K.S.A. 1‐311

Grounds for denial, revocation, or suspension, etc. for violation of prohibited acts

Disreputable conduct 10.51(a)(4) Giving misleading informationK.S.A. 1‐311(1) and (5)

Fraud, dishonesty, or deceit in obtaining certificate, permit, registration, notification or practice privilege

10.51(a)(6)Failing to file a Federal income tax return

K.S.A. 1‐311(6)  K.A.R. 74‐5‐401

Failure to file applicable federal or state tax returns

10.51(a)(10) Suspension from practice as a CPA K.S.A. 1‐311(4)

Revocation or suspension of the right to practice by PCAOB or any state or federal agency

10.51(a)(15)Unauthorized disclosure of tax information K.A.R. 74‐5‐.301

Shall not disclose any confidential client information without the consent of the client

10.51(a)(16) Failing to e‐fileK.S.A. 75‐5151(a)

KDOR statute 75‐5151(a) requires electronic filing

10.51(a)(17) Preparing returns without a PTIN K.A.R. 74‐5‐202Adopt AICPA SSTSs that complement Circular 230

code of conduct

code ofProfessional conduct

Skyscapes - Newsletter of the Kansas Society of CPAs

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Adapted with permission of the Washington Society of CPAs from an article by Don Aubrey, CPA, originally published in The WashingtonCPA magazine, January/February 2012. Don Aubrey, CPA, is Chair of the Washington State Board of Accountancy; he has served on the Board since 2007. He is Tax Director with Rebar & Associates in Seattle. He retired from BDO Seidman, LLP in 2005, after 17 years of service.

Additional information provided by Cheryl Hayward, CPA, tax manager and Virginia A. Powell, CPA, managing director, both with Berberich Trahan & Co., P.A.. Mrs. Powell is a member of the Kansas Board of Ac-countancy, having served since 2003, includ-ing two terms as Chair. The opinions expressed in this article are those of the author and not necessarily those of the Washington State Board of Accountancy, or Kansas Board of Accountancy.

Circular 230 Disclaimer: These materials are informational in nature and users of these materials may not rely upon them to avoid imposition of tax penalties.

Comparison of Circular 230 and Board of Accountancy RulesTopic Circular 230 (revised 8/2011)  Board Rules

Paragraph K.S.A. or K.A.R. Reference

Advising clients on penalties 10.34( c)

Must inform client of any penalties likely to apply to a position on a return if practitioner prepares or signs the return K.A.R. 74‐5‐202

Kanss regulations adopt standards set by AICPA tax executive committee which promulgates SSTSs that complement Circular 230

Authority to suspend 10.50(a)Includes disreputable conduct and failure to comply  with Circular 230 K.S.A. 1‐311

Grounds for denial, revocation, or suspension, etc. for violation of prohibited acts

Disreputable conduct 10.51(a)(4) Giving misleading informationK.S.A. 1‐311(1) and (5)

Fraud, dishonesty, or deceit in obtaining certificate, permit, registration, notification or practice privilege

10.51(a)(6)Failing to file a Federal income tax return

K.S.A. 1‐311(6)  K.A.R. 74‐5‐401

Failure to file applicable federal or state tax returns

10.51(a)(10) Suspension from practice as a CPA K.S.A. 1‐311(4)

Revocation or suspension of the right to practice by PCAOB or any state or federal agency

10.51(a)(15)Unauthorized disclosure of tax information K.A.R. 74‐5‐.301

Shall not disclose any confidential client information without the consent of the client

10.51(a)(16) Failing to e‐fileK.S.A. 75‐5151(a)

KDOR statute 75‐5151(a) requires electronic filing

10.51(a)(17) Preparing returns without a PTIN K.A.R. 74‐5‐202Adopt AICPA SSTSs that complement Circular 230

Kansas regulations adopt

CLICK HERE for the AICPA Code of Professional Conduct along with other member resources.

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January 2012

Recognizing & Relating to Four Behavioral Styles

DRINON'S LEADERSHIP EXPRESS

Rich Drinon, M.A., is a leadership speaker, trainer and coach. Over the past 25 years he has presented thou-sands of sessions for hundreds of or-ganizations throughout the U.S. and Canada, including KSCPA. He has also conducted individual communi-cation coaching for hundreds of lead-ership and management executives.

Rich has worked in leadership posi-tions for local, statewide, national and international for-profit and non-profit organizations. He’s a University of New Mexico Journalism graduate, and has a Master’s Degree in Com-munication & Leadership Studies from Gonzaga University. His maga-zine articles have appeared in Kansas Business News, New Mexico Business Journal, The New Rock Times Music Magazine and Sports Illustrated. His book, “Stepping Up to Leadership” is the text for a Washburn University sponsored program he instructs on Di-rections in Organizational Leadership.

To effectively connect with others one must be able to recognize another person’s behavioral style, and then relate and respond accordingly. DISC has become one of the most widely used behavioral style assessment, profile and training tools in

America. DISC is an acronym that stands for Dominant, Interactive, Steady and Com-pliant styles (Allesandra, T., 2010). This article provides a practical overview of how to recognize and relate to each of these types based on their style. An online DISC assessment is available from Drinon & Associates, Inc. for determining one’s own style, or that of followers or em-ployees. See the assessment purchase contact information at the end of this article.

UNDERSTANDING FOUR BEHAVIORAL STYLES – PRIORITY & PACE

Each of the four DISC styles --Dominant, Interactive, Steady and Compliant -- has its own unique characteristics. And, while everyone has all of these styles in their makeup, each person possesses these styles in varying degrees. Practically everyone has a distinctive primary style followed by a secondary style and so on. In addition, one’s secondary style can greatly influence or color their primary style. For example, a Domi-nant/Interactive blend will relate very differently than someone with a Dominant/Cau-tious combination; a Supportive/Cautious type will communicate in a different manner than a Supportive/Dominant style. DISC measures four aspects of human behavior through two contrasting pairs. These pairs have to do with an individual’s Priority and Pace. The first pair of measurements, Goal/Task vs. People/Relationship orientation, has to do with one’s Pri-orities. The second pair, Faster Paced/ Direct vs. Slow Paced/Indirect behavior, has to do with one’s Pace. These descriptors give us four categories as follows: Faster-Paced/Direct & Goal/Task-oriented types are called “D” or Dominant. Faster-Paced/Direct & People/Relationship-oriented individuals are “I” or Interactive. Slower-Paced/Indirect & People/Relationship-oriented types are “S” or Steady and Slower-Paced/Indirect &Goal/ Task-oriented people are “C” or Compliant. The goal is the Dominant style’s Priority, while People are the Interac-tive style’s Priority. Relationships are the Priority for Steady types, while the task is the goal for the Compliant style.

January 2012 Drinon’s Leadership Express

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Skyscapes - Newsletter of the Kansas Society of CPAs

• Are good with People• Slogan: Don’t worry, be happy!

I Strengths = Persuading, Motivating, EntertainingI Weaknesses = Inattentiveness, Attentiveness, Follow-ThroughInteractive types make up about 25 to 30% of the population.

Recognizing the Steady Style

S’s are helpful team players who prefer working behind the scenes in consistent and predictable ways. They don’t like rapid change or conflict. They are often good listeners. They also:

• Thrive on teamwork, structure, predictability, and calming down exited people.

• Fear loss of stability in the environment and abrupt changes.• Focus on cooperating with others to carry out the task, be-

ing patient and loyal.• Ask HOW questions.• Are good with Processes • Slogan: Don’t rock the boat!

S Strengths = Listening, Teamwork, Follow-throughS Weaknesses = Oversensitivity, Getting started quicker, Seeing Big Picture Supportive types make up about 30 to 35% of the population.

Recognizing the Compliant Style

C’s plan ahead, constantly check for accuracy and use systematic approaches. They also:

• Thrive on details, proof, critical thinking, analysis, accuracy and perfection.

• Fear criticism of their efforts and actions.• Focus on quality and accuracy.• Ask WHY questions.• Are good with Details• Slogan: Measure twice, cut once!

C Strengths = Planning, Systematizing, OrchestratingC Weaknesses = Perfectionist, Critical, Unresponsive (emotion-ally)Cautious types make up 20 to 25 % of the population

RELATING & RESPONDING TO FOUR STYLES: COMMUNICATING & MANAGING When communicating with D or Dominant types it’s important to remember their priority is the goal or result. Be

This simple diagram illustrates the four styles.

RECOGNIZING THE FOUR STYLES: CHARACTERISTICS, STRENGTHS & WEAKNESSES

To further illustrate the qualities and characteristics of these styles D types are described as Direct, Driver & Decisive; I types are Social, Optimistic & Outgoing; S types are Stable, Sym-pathetic & Cooperative; and C types are Concerned, Cautious & Correct (Allesandra, T., 2010).

Recognizing the Dominant Style

D’s are strong minded, aggressive, strong willed people who enjoy challenges, taking action and immediate results. They also:

• Thrive on power, prestige, authority and individual accom-plishment.

• Fear loss of social approval.• Focus on the bottom line.• Ask WHAT questions.• Are good with results • Slogan: Just do it!

D Strengths = Administration, Leadership, PioneeringD Weaknesses = Impatience, Insensitivity, ListeningDominant types make up only about 10 -12% of the population.

Recognizing the Interactive Style

I’s are “people people” who prefer participating on teams, sharing ideas, entertaining and energizing others and gaining con-sensus. They also:

• Thrive on popularity, recognition, expression and talking. • Fear loss of social approval.• Focus on shaping the environment by influencing others to

see things their way. • Ask WHO questions.

Faster/DecisiveGoal

D or Dominant

Slower/SystematicTask

C or Cautious

Faster/SpontaneousPeople

I or Interactive

Slower/RelaxedRelationship

S or Supportive

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January 2012

direct, get to the point, focus on the bottom line and be prepared to address some questions or objections. In the workplace the D is generally efficient, busy and structured. As the boss, leading or managing the D in the workplace includes helping them:

• More realistically gauge risks.• Exercise more caution and deliberation before making deci-

sions.• Follow pertinent rules, regulations and expectations.• Recognize and solicit other’s contributions• Tell others the reasons for their decisions• Cultivate more attention/responsiveness to emotions To effectively relate with I or Interactive types, keep in mind their priority is people. Remember to be fast paced and engaging, keep things fun and upbeat and provide immediate incentives for them. I’s in the workplace are usually interactive, busy and personal. Leading or managing an I in the workplace includes helping them:

• Prioritize and organize• See tasks through to completion• View people and tasks more objectively• Avoid overuse of giving and taking advice• Write things down

In order to communicate with S or Supportive types re-member their priority is relationships. Be candid, open, patient, assuring and supportive. S’s in the workplace are friendly, func-tional and personal. Leading or managing an S in the workplace involves helping them:

• Utilize shortcuts and discard unnecessary steps• Track their growth• Avoid doing things the same way• Realize there is more than one approach to tasks• Become more open to some risks and changes• To feel sincerely appreciated• Speak up and voice their thoughts and feelings• Modify the tendency to do what others tell them• Get and accept credit and praise, when appropriate To communicate with C or Cautious types, consider that their priority is the task. Be factual, logical and emotionally reserved. List the pros and cons of any suggestions you make to help them weigh a decision. Leading or managing a C in the workplace includes helping them:

• Share their knowledge and expertise with others• Stand up for themselves with the people they prefer to avoid• Shoot for realistic deadlines and parameters• View people and tasks less seriously and critically• Balance their life with both interaction and tasks• Keep on course with tasks, with less checking• Maintain high expectations for high priority items vs. every-

thing

READING YOUR ASSESSMENT

The DISC online assessment provides a report with a de-scription of one’s style, along with a graph to further illustrate to what degree one possesses each style. The DISC report includes two graphs (below). Graph I, Adapting Style, reflects one’s behavior at work on the particular day the assessment was taken. Graph II, shows one’s natural style, which is enacted on a consistent basis, day in and day out. Com-paring the two graphs can show the individual how activity – on a particular day – may harmonize or conflict with their norm.

A sizable difference between the two graphs may raise the question of why one acted with behaviors different from their natural style or norm on a particular day. One might also ask if those behaviors are required at work each and every day, and if

January 2012 Drinon’s Leadership Express

Adapting Style Graph I

Natural StyleGraph II

Adapting Style Graph I

Natural StyleGraph II

Adapting Style Graph I

Natural StyleGraph II

SIMILAR GRAPHS DIFFERENT GRAPHS

Skyscapes - Newsletter of the Kansas Society of CPAs

11

those activities make life a positive or negative challenge for the individual.

For example, if a person who scores Higher I and Low-er C on their Natural Style spent the day dealing with account-ing, computer or other challenges that required logic and analy-sis their Adaptive graph may differ from their Natural graph. The individual is likely to recognize that the particular day was not their usual and that they had to put extra effort into meeting these analytical challenges. As a result, they may observe their C style is higher and/or I style is lower on the Adaptive Style graph for that day. On the other hand, if that same individual recognizes that they are in a position that daily requires them to deal with these same sorts of challenges they will want to ask them self if they enjoy or are frustrated by the challenge. If working against the grain and frustrated, the individual may need to be in a dif-ferent position – one that better utilizes or fits their style. Most people show one or two styles above the midline and two or three below. Some have three above the line and one below. A few people have an evenly distributed graph along the midline. Those styles above the midline tend to come more easily for the individual. Those below the midline require more effort. We may refer these tendencies as natural vs. learned or adaptive behaviors. Just because a style is graphed below the midline doesn’t mean one can’t adapt to activities related to that behav-ior. It just means that, initially, more effort is required for those types of activities. Most adults have learned, though effort and practice, how to adapt to things that at first seemed difficult. One’s secondary style, as indicated on the Natural Style graph, infuses or affects their primary style. For example, a per-son with a D/I or Dominant/Interactive style will display their D characteristics with some of the warmth and engagement of the Interactive type. In contrast, a person with a D/C or Domi-nant/Cautious style will display dominance in a colder, more an-alytical manner. A person with an S/C or Supportive/Cautious style will demonstrate S characteristics in a more logical, factual manner than will one with an S/I or Supportive/Interactive style who displays their S in a warmer, engaging manner. Based on these examples, the reader can get an idea of how one’s secondary style can infuse their primary style. If one has three styles above the midline the third style will also impact the first two. A C/D/I style leader, for example, may be an ana-lytical C type who is driven by their D secondary style but has a quirky sense of humor emanating from the I style. Hopefully this brief introduction to DISC will pique your interest for more knowledge and greater understanding of behavioral styles. As previously noted, DISC assessments and reports are available online. The profile you receive after taking your assessment will give you much useful information about

yourself and others when it comes to connecting, communicat-ing, and collaborating; when getting things done and dealing with change. There are also many books available to help you better understand how DISC works.

To purchase an online assessment and report of your DISC be-havioral styles please contact Rich Drinon.rdrinon@sbcglobal.net785-640-9936.

SOURCES

Allesandra & Associates, Inc. (2010). The DISCself online report. Carlsbad, CA: Allesandra & Associates, Inc.

Managing Your Image, Perception & Mis-Perceptions

Facing the Challenges of Diversity & Generational Differences

Leading Groups & Making Presentations

Developing Credibility & Trust with Others

Maintaining Focus, Multitasking & Managing Time

Getting Results through Others with Coaching Skills (Part 1): Expectations, Delegation & Motivation

Getting Results through Others with Coaching Skills (Part 2): Evaluation, Praise, Correction & Discipline

Resolving Conflict (With Conflict Style Assessment?)

Navigating Change Curves & Using Persuasion to Promote Change

Practicing Subjective, Objective & Intuitive Problem Solving & Decision Making

REGISTER TODAY!Click on one of the upcoming videocast links to register!

Skyscapes - Newsletter of the Kansas Society of CPAs

12

January 2012 Member Profile

Steve AndersonMEMBERPROFILE

1. Name, title, current employer, family: Steven J. Anderson, Budget Director for the State of Kansas, Governor Sam Brownback, wife, one child and two grandchildren

2. What is your current KSCPA involvement? Member of Society and KSCPA Government-Nonprofit A&A Conference Steering Committee

3. What was your first Job? Koch Exploration. I was a rarity, an accountant who worked his way through college ‘throwing chain’ on an oil rig so it was a natural fit.

4. What was your worst job? I have been very lucky to have not had any jobs that left me with a negative feeling upon depar ture.

5. What are three words that best describe you? This might best be answered by the members of the legislature/government that have to deal with me. Not sure if you could print some of the responses! 6. What book (if any) are you currently reading? Having a hard time working in much reading outside of the Wall Street Journal with my current workload 7. What are your hobbies? Duck hunting.

8. What are your favorite foods? Currently, Malaysian is my favorite as a category, but in individual entrées it’s still good fried chicken.

9. What is your favorite movie(s)? Monty Python and the Holy Grail for the classic and Moneyball for the current

10. What is your dream vacation? Month in Alaska bush during the salmon runs with no cell phone.

11. What is your biggest pet peeve? Those who resist change by showing fear.

12. What do you try to avoid? Making decisions not based on core principles. 13. Who is the person you most admire and why? Thomas Jefferson: His thoughtful, intelligent and common sense philosophy on the proper role of govern-ment set this country on the right course. 14. Name one person (dead or living) you would like to meet. Why? See above. 15. What is your favorite song and artist/musical group? Too many to name and changes constantly. 16. What is your greatest accomplishment or greatest impact you have had? Setting the stage for the Governor’s plan to eliminate the individual income tax by creating a budget with a substantial ending balance. 17. If you could have any job you wanted, what would it be? CEO of Cabela’s. 18. How do you achieve balance between your personal and professional life? I don’t achieve balance but I try to see my wife and grandchildren, whom

Skyscapes - Newsletter of the Kansas Society of CPAs

13

Steve Anderson

Would you like to be profiled in the KSCPA Newsletter? This is one of the most widely read articles! Our members want to know more about other members.

Join in the fun! Send an e-mail to Danielle@kscpa.org.

we are raising, every weekend. The drive enables me to clear my mind and ponder the ‘big’ issues the state is confronting that can get lost in the process of dealing with the daily problems. My wife is Deputy Director of the fiscal staff for the Oklahoma House of Representatives so we typically have similar problems and potential solutions for our similar issues to discuss. In a way, these conversations let me stay on the job while interacting with my better half in ways we both enjoy and benefit from. 19. What would you like to get around to doing when you have time? Spending that 30-day vacation in the bush in Alaska. Some of my fondest memories of my youth were on solo hikes into the bush. 20. What might people be surprised to learn about you? I grew up in a staunchly Democrat family. One grandfather served as a Kansas State Representative and my parents took turns being the chair of the county Democrat par ty in Decatur County. I was the first registered Republican in my family. 21. What talent would you most like to have? The ability to explain complex transactions to those who are not “num-bers people” in a way that allows them to fully understand the assumptions, variables and projections. Too often our clients agree simply because they trust us and not necessarily because they understand our advice. 22. If you could be present at any historical event, which one would you choose? Signing of the Constitution. 23. How would you like to be remembered? As an honest man. 24. Why did you choose to pursue the CPA designation? The value of the designation was the major factor but over the years you find out it is much more than a ‘symbol’ to the public. The quality of the members provides a network for those issues where one is not quite sure how to proceed. The quality of the continuing education keeps one informed and current. After marrying my wife, it would be the best decision I have made.

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January 2012

Do you know how the newly issued Statements on Auditing Standards released under the AICPA’s Clarity

Project will affect your firm’s 2012 year-end audits of nonpublic companies? Changes to the former SASs revolved around orga-nization, formatting and language so the substance of the standards largely remains intact. However, audit methodologies will have to be modified and staff training will be necessary. It’s time to get ready for those audits. The AICPA Auditing Standards Board achieved a major milestone in Octo-ber 2011 when it issued SAS Nos. 122-124,

which include more than 40 finalized clari-fied SASs. SAS 125 was issued in December (two standards are still in process: one on going concern will be issued by fall 2012 and one on internal audit in fall 2013). The overall goal of this landmark, multiyear project was to make the standards easier to read, understand and implement and to converge them with the International Standards on Auditing issued by the Inter-national Auditing and Assurance Standards Board (the clarified SAS on going concern is not being converged with the correspond-ing ISA at this time). “CPAs should now begin to re-

visit their audit methodologies to see what changes are needed before the clarified standards become effective,” said Mary MacBain, chief executive officer of the Kan-sas Society of CPAs. “It’s also a good point to start planning your training to ensure all firm members have time to familiarize themselves with the new standards.”

FOLLOWING THE NEW FORMAT

The new clarity format organizes guidance into these sections:

• Introduction, which covers the pur-

Start Preparing Now to Implement AICPA’s

Clarified SASs for Year-End 2012 Audits

Clarity Project

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15

Clarity Project

pose and scope of the standard.• Objective, which clarifies the standard setters’ intentions. • Definitions, which explain key terms. • Requirements, which define what the auditor must do

to achieve the standard’s objective. Requirements are ex-pressed using the words “must” and “should.”

• Application and other explanatory materials, which provide additional elaboration and guidance necessary to understand and implement the standard.

In addition, within the standards, particular efforts have been made to address special considerations for either smaller, less complex organizations or for governmental enti-ties. Another important element of the Clarity Project is the modification of all existing AU sections. Practitioners should be aware that topics formerly associated with some AU numbers may be retitled and reassigned. The ASB has also changed the existing AU section number order that was estab-lished in SAS No. 1. All clarified AU sections that have compa-rable ISAs now follow the ISA number order. The clarified SASs generally will be effective for audits of financial statements for periods ending on or after December 15, 2012. To prevent confusion between old and new formats, early adoption is not permitted and auditors should continue to comply with current standards until the effective date.

CHANGES TO THE AUDIT PROCESS

While many changes mainly address organization, auditors should be aware of a few significant revisions to some parts of the audit process. For example, the auditor’s report must now include headings before every paragraph to clearly distinguish different report sections. Two new sections have been added to the report: “Management’s Responsibility for the Financial Statements” and “Auditor’s Responsibility.” Elsewhere, the clarified SAS, Special Consider-ations—Audits of Group Financial Statements (including the Work of Component Auditors), provides guidance that makes it easier for auditors to understand and apply generally accept-ed auditing standards in audits involving consolidated financial statements or the work of other auditors.

START PLANNING NOW

The AICPA has developed several resources to help CPAs implement the clarified SASs, including some to educate firm staff. Visit aicpa.org/SASClarity to access these materials, many of which are available for free. The clarified SASs are available in the online version of AICPA Professional Standards, the first place you can receive the codification of these standards. Early in 2012, the AICPA’s new Clarity Audit Risk Alert will become available and will be followed by a number of publications and training courses to assist CPAs with this transition.

2012 KMAG Update Due to the significant amount of revisions planned for the KMAG, the revisions are being postponed until the 2013 KMAG, to be effective for audits of years ending on or after December 31, 2012. The 2011 KMAG will continue to be applicable for audits of years ending on or after December 31, 2011. However, a Technical Amendment is being provided for 2012 to clarify two topics within the 2011 KMAG. This Technical Amendment will be made available on the KSCPA website at no cost sometime in the near future. A proposed draft of the 2013 KMAG will be provided to KSCPA members soon. Comments will be taken through June 30, 2012.

KSCPA Eliminates Post Office BoxThe KSCPA is no longer receiving mail at its P.O. Box. Please update your records to ensure the KSCPA receives your mail.

Our address is:

Kansas Society of CPAs100 SE 9th Street, Suite 502Topeka, KS 66612-1213

Click here for more information

Contact the KSCPA at 785.272.4366 with any questions.

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January 2012

W ith staff changes in the peer review program, it was decided by the KSCPA Executive Committee (EC) to create a Peer Review Process Improvement Task Force (PRPITF) to examine the peer review program within Kansas. The task force was charged to review all aspects of the peer review program and to make process improvement recommenda-

tions and close any “gaps” in the process if they exist. The project was divided into two discrete tasks.

Task One- To make a recommendation to the EC relating to peer review administration (PRA). After reviewing timeliness, member satisfaction and cost factors, it was decided to hire a part-time peer review administrator. Historically, the peer review program in Kansas has operated with expenses exceeding fees. It was determined the peer review program should operate on a break even basis. The KSCPA Executive Committee concurred and the Board of Directors approved the budget at the November Board Meeting, not-ing the increase in fees. The KSCPA will, therefore, have a new fee structure beginning January 1, 2012.

Task Two - To consider process improvement recommendations and offer any recommendations to the EC for approval and implementation. As part of this task, members were given the opportunity to participate in a peer review survey. The survey results were summarized and reviewed at an in-person task force meeting in November.

The overriding survey themes showcased the ‘Three Cs’ of communication, consistency and continuity. At this point in time, several ideas are being considered to address the survey results such as -

• Improving communication during the peer review process. • Website podcast explaining the peer review process timeline (the AICPA to produce).• Establishing performance measures for each step within the peer review process.• Expanding participation on the KSCPA Report Acceptance Body (RAB) by creating a mentor program for new RAB members to build

continuity.• Improving consistency by holding monthly RAB meetings.

KSCPA SEEKING MENTEES FOR REPORT ACCEPTANCE BODY (RAB) As highlighted in the survey results, Kansas needs to expand RAB membership. Thus, we have decided to implement a RAB mentor program. Each mentee will be assigned to work with a RAB member who will provide guidance and explain the RAB procedures. To qualify to as a RAB member, the individual must: • Possess the qualifications of a team captain in a system review. (Team captain qualifications –must be a partner, complete AICPA two-day

introductory reviewer training course, and maintain qualifications by participating in eight hours of CPE in peer review training every three years)

• Be active in public practice at a supervisory level.• The RAB member’s firm must have a peer review rating of pass.• Complete a course which meets the team captain training requirement.

Please email Mary MacBain at mary@kscpa.org to let her know if interested in participating on the Kansas RAB. After we have received your request to participate, we will verify all of the RAB qualifications have been met. After verification of qualifications, new RAB members will be notified to start the mentor program. Appointments to the RAB are made in November of each year. Thank you for consider-ing the opportunity to serve.

Update from the Kansas Peer Review Process Improvement Task Force

On Nov. 1, the AICPA Peer Review team launched the Mentor Program, a new option for initial team captain qualification. The Mentor Program allows a potential team captain (Mentee) to forego the second day of the restructured “How to” course in favor of significant participation as a team member in a system review. Significant participation is obtained when an approved and qualified team captain (Mentor) oversees a Mentee while they perform virtually all team captain responsibilities. Qualified team captains may now submit requests for pre-approval by completing the Mentor Approval Request form. We encourage highly-qualified team captains with proficient knowledge and expertise in the Peer Review Standards and Interpretations to apply. For more information, visit the Mentor Program page on AICPA.org.

AICPA Launches Peer Review Mentor Program

Peer Review

Communication, Consulting, Continuity

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MAS Software Solutions recognizes the ever changing demands on modern-day CPA’s. Your clients are not only looking for you to provide their financial statements, but they also

need help with tax and future growth planning. In order for your client to get the best value from you, they need to organize and prepare their business processes to work within their accounting system –

allowing you to provide value instead of spending time sorting through a box full of receipts.

MAS Software Solutions assists small to mid-sized companies optimize their accounting and operating systems. Whether your client has a simple question or needs a complete overhaul of their business processes, we can help by offering them cost effective solutions for the way they run their business.

If you’d like to learn more about MAS Software Solutions and review some of our resources for CPA’s, visit our website:

www.mas-ss.com/organizedreceipts

Do you have clients that are struggling with their accounting systems?

17

18

January 2012

“As a volunteer children’s care-giver at Journey the Way, I pro-vide childcare for children ages 18 months to five years old. When I take care of the younger children, I can show some of the less expe-rienced caregivers how to handle difficult situations … I can take my experience gained in settling a dispute over a toy to the work-place and help settle a dispute over an audit finding.”

-Jeffrey Goldstein

“I am in preparation of being a successful future leader. I believe involvement in the “20 up to 40” program will help me take the next steps in achieving that goal. Through involvement by myself and other motivated people, we can make the profession and com-munity a better place.”

-Brent Rill

“I view the leadership roles that I am taking on within my own firm as a launching pad to simi-lar roles in my community and profession. Once your leadership style is determined, it should be an easy conversion to assist oth-ers in performing to the best of their abilities.”

-Adam Grilliot

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2012 Participants

“I have found that involvement in com-munity organizations provides me with an overall greater sense of fulfillment by allow-ing me to give back to my community, many times by utilizing those skills that I have ac-quired as a CPA.”

-Angie Costley

“A leadership role in professional and community organizations is es-sential to succeed as a CPA because it gives you an opportunity to grow and learn from other individuals with different backgrounds.”

-Christina A. Kibler

Adam Grilliot, CPA Tax Manager, CBIZ MHM, LLC

Amber Littler, CPA Senior Manager, Adams, Brown, Beran & Ball

Angie Costley, CPA Accounting Manager, INVISTA

Brent Rill, CPA Manager, Mize, Houser & Company P.A.

Chris Kibler, CPA Director of Finance, SMG - INTRUST Bank Arena

Corey Jorgensen, CPA Audit Supervisor, Marsh & Company PA

Damon Ward, CPA Senior Tax Manager, Spirit AeroSystems, Inc.

Gail Yarick, CPA Faculty/Instructor, Pittsburg State University

Jason Moulin, CPA Manager, Hiebert & Decker, CPAs

Jeffrey Goldstein, CPA Internal Audit Manager, Viega LLC

Jennifer Allen, CPA Supervisor/Manager, Allen, Gibbs & Houlik, L.C.

Jenny Lang, CPA Accountant, Swindoll, Janzen, Hawk & Loyd, LLC

Karen Mitchell, CPA Director of Finance, Kansas Society of CPAs

Matt Polzin, CPA Senior Tax Associate, Grant Thornton LLP

Matthew Bellomo, CPA Shareholder, Davis & Bellomo, P.A.

Michael Gerber, CPA Manager, BKD, LLP

Rebecca Shaw, CPA Tax Supervisor, Berberich Trahan & Co., P.A.

Trina Swart, CPA Senior Associate, Kennedy and Coe, LLC

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January 2012

January 19-20, 2012 –TopekaVisit Statehouse, Meet Tax Chairs, Board of Accountancy, Legislative Reception, Advocacy, Leadership

May 22-23 – Lawrence Oread HotelYoung Professionals Conference, KSCPA Leadership Summit, Social Event

July 26-27 – Salina Rolling HillsLeadership Training with Dr. Gerald Graham, Social Event

September 27 - 28 Overland ParkFraud Session with Jeff Lanza (Retired FBI Special Agent), Dinner with KSCPA Board, Team Building at TimberRidge

November 13-14 – WichitaGraduation Dinner, Presentation of Class Project, KSCPA Leadership Summit & Annual Meeting

2012 Schedule of Events

“CPA’s are expected to be well –rounded individuals who have good communication and leadership skills and work well with people. These attributes can be attained by vol-unteering and becoming a leader in professional and community organi-zations.”

-Corey Jorgensen

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21

2012 Schedule of EventsA special thanks to our sponsors

The sponsors of the “20 up to 40” program are investing in the future of the KSCPA, the accounting profession in Kansas, and the proliferation of leaders in our country. The success of the program is directly proportionate to the gener-ous support from our sponsors. Their contributions assist in covering the costs of speaker fees and accompanying materials for each session- the program strives to bring in top-notch speakers who can provide the best leadership training to program participants. Thank you, sponsors, for helping create the future.

22

January 2012 KSCPA News

In Memoriam...Robert R. CoeJanuary 2, 1932-January 20, 2012

From the Hutchinson News:

Robert R. “Bob” Coe passed away Friday, January 20, 2012. Bob was the owner of Robert R. Coe, CPA in McPherson, Kan. He was a life member of the AICPA and the KSCPA. Bob served as a board member of the KSCPA and was a member of the Central Chapter of the KSCPA. He chaired and served on various committees throughout his membership with the KSCPA. Along with his membership in the KSCPA, he was an active member of many organizations in his community. He was a member of the Boy Scouts of America for over 50 years. Bob graduated from Kansas State University, where he belonged to the Sigma Nu Fraternity. He was also a member of many organizations at the University, including Life Membership with the Alumni Association. Bob was also a veteran of the U.S. Army Finance Corps and served in Germany from 1954 to 1956. Bob will be greatly missed!

New CPA Passers O C T O B E R / N O V E M B E R

Charles AllenOlathe

Carter AtkinsKansas City, KS

Brett BehrendsHays

Steven ColletteLouisberg

Kayla ComerWichita

Kevin CooperWellington

*Tyler Crow- TOP SCORERTopeka

Ryan DrigansOlathe

Sara FairbankLenexa

Blake FieneSedgwick

Joy FreeWichita

Travis FreeWichita

Nicholas GammillTopeka

Nathan GarciaManhattan

Nathan GrafWichita

Kathryn HauserBartlesville, OK

Alexandra HedrickWichita

Stacy HeinenSeneca

Ryan HerrmanSalina

Kristoffer HolmTopeka

Aaron HowardHalstead

Daniel KokpshinskyHutchinson

Amy LattaWichita

Carmen LuiOverland Park

Zachary MastrolyWichita

Daniel McKinzieOverland Park

Tammy NgoKansas City, MO

Elizabeth O’HalloranYates Center

Alicia OswaldWichita

Candi OwensEdson

Rebecca PfannenstielGarden City

Jedidiah PresleyWichita

Kun QuiWichita

Melanee RadenbergOverland Park

Julie RaymondLeawood

Aaron RogersPrairie Village

Graham Ryan Overland Park

Jessica SchmiedbauerWichita

Jessica SchrickAtchison

Nikole Schroeder

Jonathan ShulteisOverland Park

Racheal SingletonWellington

Ryan StaubPrairie Village

Eric StehmWichita

Brenna StrahmWichita

Brittany Straub Kansas City, MO

Julie SuggTopeka

Amy VanniceOverland Park

Benjamin WalkerClay Center

Justine WhitehurstWichita

Laura ZellersWichita

Skyscapes - Newsletter of the Kansas Society of CPAs

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Michael Gerber, CPAFrom Wichita Eagle: Michael Gerber, Wichita, has been promoted manager in the construction and real estate audit department at BKD, LLC. Congratulations, Michael!

Tara Laughlin, CPAFrom Wichita Eagle: Tara Laughlin, Wichita, has been promoted to supervising associate within the assurance department at Allen, Gibbs & Houlik. Congratulations, Tara!

Steve Lightle, From Coffey Co. Republican:Steve Lightle, Waverly, has retired as the Coffey County Housing Authority, Executive Director. Steve held the position for 11 years. Steve led the Housing Authority in constructing new homes, demolishing old homes and undertaking rehabilitation projects. Thank you for all of your hard work, Steve!

Ryan Whittington, CPAFrom Coffeyville Journal: Ryan Whittington, Kansas City, has been promoted to manager at BKD, LLC. Ryan has more than seven years of experience in auditing and accounting for manufacturing and distribution entities. Congratulations, Ryan!

Davis & Bellomo Acquires Second FirmOn January 12, 2012, Davis & Bellomo, a tax, accounting and financial management firm announced the acquisition of the practice of Willa Franklin, Leawood, Kan. This is the second acquisition for the firm in 18 months.

MEMBER NEWS

Thank you for your recent donations to the KSCPA Educational Foundation!

Northeast Chapter: $7,000

Metro Chapter: $3,000

Western Chapter $700

Chapter Meetings

Wichita Chapter Meeting: Energy Services

Thursday, February 16, 201212:00 - 1:30pmThe Petroleum Club

Program presented by Lindsay YoungRegistration: 11:30amMeal:12:00pmProgram: 12:30 - 1:30pm

CHAPTER NEWS

24

January 2012

On January 11, 2012, in the Kansas State of the State Speech by Governor Sam Brownback, citizens of Kansas were told “the State of our State is STRONG - and get-

ting STRONGER!” This is good news for CPAs and the organiza-tions they serve. To build strength, the Governor proposes a “pro-growth tax policy.” CPAs in Kansas are engaged in the process, providing remarks at house and senate taxation committees and meeting with the Governor and Secretary of Revenue to provide input on the proposed policy.

Click here to review the entire text of the Governor’s 2012 State of the State

Governor Brownback Outlines “Pro-Growth Tax Policy” in 2012 State of the State

We Need You as a Key Contact!

We need you to volunteer to contact legisla-tors when the need arises. Please help us to continue to be an effective voice in legislation by volunteer-ing to contact any of the legislators you know or would be willing to contact.

Please send the names of the Kansas legislators or Congressional representatives to mary@kscpa.org.

NEW KSCPA MEMBERS!

Mark BrowneDeloitte & Touche LLPKansas City, MO

Ryan M. BurnsEgghart & Associates, LLC CPAsReno, NV

Melissa A. CarsonPool & Wright ChtdEmporia

Kendra V. GonzalesSecurity Benefit CorporationTopeka

Jennifer HoffmanKPMG, LLCKansas City, MO

Sarah G. MeadorMize Houser & Company, PALawrence

Jayme PainterSummers, Spencer & Company, P.A.Topeka

Matthew B. PolzinGrant Thornton LLPWichita

Brent A. RillMize Houser & Company, PATopeka

Kim SandersPioneer Financial ServicesKansas City, MO

Mark SchlemmerMissouri Department of RevenueJefferson, MO

Racheal SingletonAdams Brown Beran & Ball Chtd.Hutchinson

CPA Members

Skyscapes - Newsletter of the Kansas Society of CPAs

25

J A N U A R Y , 2 0 1 2 Volume 4, Issue 1

Bright and Carpenter Consult ing, Inc.

How the FY 2012 budget will end and FY 2013 budget showdown will begin during the 2012 legislative ses-sion largely depends on revenue and State General Fund receipts. Good news: Kansas revenue, and particu-larly tax receipts, continues to in-crease. The Consensus Revenue Estimate Group met on November 4, 2011, and adjusted all estimates for FY 2012 upward. In addition, the group developed the initial estimate for FY 2013. For FY 2012, the estimate was increased by $199.1 million (3.3%) above the previous estimate. This is a 6.2% growth above FY 2011 receipts. The first esti-mate for FY 2013 is $6.291 billion, 0.7% above the new-ly revised FY 2012 figure. There are several factors that con-tribute to this increase, including per-sonal income increasing, which is above 2010 level, and unemploy-ment rate decreasing. Additionally, a number of changes in state tax law enacted in 2011, which will be imple-mented on January 1, influenced FY 2013 estimates more heavily than the FY 2012 estimates, including re-peal of a sales tax exemption for pro-

jects that had previously qualified for a business and job development income tax credit program; and creation of a new expensing deduction for Kansas income taxpayers. Tax plan to be announced A task force is nearing completion of recommendations to be presented to Governor Brownback for modifying the state’s tax code. Kansas Revenue Sec-retary Nick Jordan has said the pro-posal will take a broad approach to re-ducing taxes and putting more money in Kansans’ pockets. It will also increase private sector employment and increase capital flow. Governor Brownback is anticipated to announce his tax plan during his 2012 State of the State Ad-dress. Secretary Jordan has been traveling the state gathering feedback on the admin-istration’s ideas. Over the next month, Governor Brownback and Secretary Jordan will develop a final proposal based on that feedback. The tax plan will be debated during the 2012 Legisla-ture in January. It is expected to be a plan that dramatically reduces or elimi-nates the state income tax, which Gov-ernor Brownback believes will make Kansas more economically competitive with states that don’t have one. Once the plan is announced, we’ll share the details with you. Stay tuned.

OU T L OOK: KA N SA S BUD G ET & TA X R EFO RM

I N S I D E T H I S I S S U E :

Outlook: Kansas 1

Looking ahead: 2012 Legislative

2

Redistricting: Where will your county end up?

3

Status of the 4

Office of Repealer to issue report

5

Immigration update

6

Economic Life- 7

KDOT projects 7

Your Guide to 2012 Legislative Session

8—11

LEGISLATIVE UPDATE

Bookmark the Kansas Legisla-ture website, www.kslegislature.org and make it your re-source for legis-lative issues.

Click here for the entire Bright & Carpenter Consulting Newsletter

26

January 2012

“20 up to 40” Leadership Program - Topeka Session January 19-20, 2012

The first session of the 2012 “20 up to 40” KSCPA leadership program met for the first time in Topeka. The session was an exciting event, bringing together KSCPA leaders, Governor Brownback, legislative staff, legislators, the Board of Accountancy, the KSCPA team, and the KSCPA government relations consultants. The purpose of the session was to see leadership in action, which is exactly what happened. The group spent most of January 19 at the Kansas State House where they met Governor Brownback, witnessed the House and Senate sessions, met with the House and Senate taxation committee chairs, met legislative staff, and toured the Kansas Department of Revenue. Bob Schuster, chair of the KSCPA, met the group and discussed leadership techniques. Bob challenged the participants with a unique group project – to take a hard look at the KSCPA vision/purpose, mission, core values, and strategic initiatives. With almost 10 years passing since the strategic plan was developed, Bob wants to know if it is still valid and relevant to young professionals.

“20 up to 40”

Skyscapes - Newsletter of the Kansas Society of CPAs

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“20 up to 40” Leadership Program - Topeka Session January 19-20, 2012 The evening ended with a fast-paced and fun reception where KSCPA leaders, legislators, and state officials networked at the KSCPA office. On January 20, the group met at the Board of Accountancy. Rodney Van Norden, chair of the BOA, provided an introduction to how the BOA operates, and the group witnessed the Board in action. The group meets next in Lawrence at the Young Professionals Conference and KSCPA leadership summit. All young professionals are encouraged to attend the conference which will be led by Ernie Almonte, a former chair of the AICPA. Register today on the KSCPA website. This is a great opportunity to meet the “20 up to 40” participants and alum and to find out more about the program.

Skyscapes - Newsletter of the Kansas Society of CPAs

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January 2012

KSCPA 4th Annual Legislative Reception is a Huge Success

January 19, 2012

The KSCPA once again held a hugely successful legislative reception. Over 80 KSCPA leaders and members, state officials, and legislators networked at the KSCPA offices in Topeka. If you didn’t attend this year, check out the video under member resources/legislative update – and plan to attend the 2013 reception and celebrate the 5th consecutive year of the “20 up to 40” program and the legislative reception. The KSCPA leaders are proud of the progress the society has made in advocating the profession and are especially proud of the “20 up to 40” participants and alum who attended the reception.

KSCPA Events

Skyscapes - Newsletter of the Kansas Society of CPAs

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Skyscapes - Newsletter of the Kansas Society of CPAs

30

January 2012

The KSCPA recently conducted a survey regarding the CPE courses and facilities offered in 2011.

The survey was sent to 2,542 people who had taken CPE through the KSCPA in the past two years. Of those the survey was sent to, 639 people opened the email and 265 answered the email.

The responses from the survey help the KSCPA plan the CPE for the coming years and allow the team to see if changes need to be made to facilities, locations, course topic areas, etc.

Of those people surveyed, 92.3 percent attended 1-5 KSCPA courses on 2011. The participants preferred the current 8:30 a.m. start time (61.9 percent) over a proposed 8:00 a.m. start time.

The choice of locations was split approximately 50/50 between Overland Park and Wichita. Other locations suggested were Dodge City, Manhattan, Salina and Topeka.

The types of courses people were interested were Taxation- 63 percent; Accounting and Auditing- 52.7 percent; Business and Industry- 31.3 percent; Technology- 28.2 percent and Consulting- 13.7 percent. Some additional suggested topics were construction, oil and gas, manufacturing, compilation and review, and auditing in healthcare.

CPE MEMBER SURVEY

1 of 34

CPE Courses Survey

1. How many KSCPA professional development courses did you attend in 2011?

Response

PercentResponse

Count

1-5 92.3% 240

6-10 7.3% 19

10+ 0.4% 1

answered question 260

skipped question 5

2. Courses are scheduled from 8:30 a.m. to 4:00 p.m. Would you prefer courses begin at 8:00 a.m. and end at 3:30 p.m.?

Response

PercentResponse

Count

Yes 38.1% 99

No 61.9% 161

Other (please specify)

8

answered question 260

skipped question 5

1 of 34

CPE Courses Survey

1. How many KSCPA professional development courses did you attend in 2011?

Response

PercentResponse

Count

1-5 92.3% 240

6-10 7.3% 19

10+ 0.4% 1

answered question 260

skipped question 5

2. Courses are scheduled from 8:30 a.m. to 4:00 p.m. Would you prefer courses begin at 8:00 a.m. and end at 3:30 p.m.?

Response

PercentResponse

Count

Yes 38.1% 99

No 61.9% 161

Other (please specify)

8

answered question 260

skipped question 5

Skyscapes - Newsletter of the Kansas Society of CPAs

312 of 34

3. What is your preferred location?

Response

PercentResponse

Count

Overland Park 47.8% 119

Wichita 52.2% 130

Other (please specify)

28

answered question 249

skipped question 16

4. What type of courses are you most interested in?

Response

PercentResponse

Count

Taxation 63.0% 165

Accounting and Auditing 52.7% 138

Business and Industry 31.3% 82

Technology 28.2% 74

Consulting 13.7% 36

Other (please specify)

14

answered question 262

skipped question 3

2 of 34

3. What is your preferred location?

Response

PercentResponse

Count

Overland Park 47.8% 119

Wichita 52.2% 130

Other (please specify)

28

answered question 249

skipped question 16

4. What type of courses are you most interested in?

Response

PercentResponse

Count

Taxation 63.0% 165

Accounting and Auditing 52.7% 138

Business and Industry 31.3% 82

Technology 28.2% 74

Consulting 13.7% 36

Other (please specify)

14

answered question 262

skipped question 3

3 of 34

5. With electronic materials, many participants bring laptops or tablets. The KSCPA provides power strips. In 2011, most rooms were setup as half rounds. Tell us what you prefer.

Response

PercentResponse

Count

Classroom 53.6% 119

Half-rounds 46.4% 103

Other (please specify)

29

answered question 222

skipped question 43

6. Please feel free to provide the KSCPA with any additional information to help strengthen our courses.

Response

Count

54

answered question 54

skipped question 211

7. Are you a member of the KSCPA?

Response

PercentResponse

Count

Yes 82.8% 217

No 17.2% 45

answered question 262

skipped question 3

3 of 34

5. With electronic materials, many participants bring laptops or tablets. The KSCPA provides power strips. In 2011, most rooms were setup as half rounds. Tell us what you prefer.

Response

PercentResponse

Count

Classroom 53.6% 119

Half-rounds 46.4% 103

Other (please specify)

29

answered question 222

skipped question 43

6. Please feel free to provide the KSCPA with any additional information to help strengthen our courses.

Response

Count

54

answered question 54

skipped question 211

7. Are you a member of the KSCPA?

Response

PercentResponse

Count

Yes 82.8% 217

No 17.2% 45

answered question 262

skipped question 3

32

January 2012

THE KSCPA IS CONNECTED!

Follow the Kansas Society on Twitter! Find out information on upcoming events, who’s been visiting the KSCPA Office, and what our team is doing to help you. If you don’t have a Twitter account, then set one up today! It’s FREE!

Follow @KSCPANews

Add the Kansas Society to Facebook! View photos of recent events, and stay informed about upcoming conferences and courses. Facebook accounts are also free, so join today and get connected!

www.facebook.com/KansasCPAs

The Kansas Society is also on Linkedin! Follow the KSCPA for great networking oppor-tunities with other accounting professionals. Use Linkedin to build up your own per-sonal profile, join networking groups, and even search for job openings in accounting.

Search: Kansas Society of CPAs

Have you activated your FIND-A-CPA benefit?

Simply go to “Member Home” and activate your account under “CPA Profile.” Preferred Accounts are also available for a $50 annual fee. Preferred Accounts include your a link to your website, organizational or profes-sional photo, hyperlinks to your e-mail, and preferred listing in search engines.

Click here to enroll

Skyscapes - Newsletter of the Kansas Society of CPAs

33

• Corporate Ethics – 10 years post Sarbanes-Oxley • The Building Blocks of Effective Corporate Governance (Part 1) • Stabilizing the Building Blocks of Effective Corporate Governance (Part 2) • The Corporate Director’s Fiduciary Role and Management’s Relationship• Dissecting Stated Corporate Values • Instilling the Proper Control Environments within Business • The Corporate Manager’s Responsibility for Internal Control • When the Whistle Blows at your Company • Developing Practical Corporate Compliance Programs (Part 1) • Monitoring and Managing Effective Corporate Compliance Programs (Part 2) • The Governance, Risk and Compliance (GRC) Movement (Part 1) • The Role of Enterprise Risk Management (ERM) as a Component of your GRC Program (Part 2) • Fraud Awareness Programs (Part 1) • Techniques for Fraud Monitoring and Detection (Part 2)

Fountain’s Governance ExpressNew videocast series coming soon...

TOPICS INCLUDE:

TOTAL CPE 28 HOURS

Contact Danielle@kscpa.org for further information.

34

January 2012

2012 Professional Development and EventsLEARN MORE...To view complete course details, please visit the Professional Development area at www.kscpa.org.

Professional Development

Date Range Description CPE Hours Speaker Field of Study Location

5/7/12 Wealth Management Conference 8 Panel Consulting Overland Park

5/7/12 Risk Management Conference 8 Panel Consulting Overland Park

5/8/12 Oil & Gas Taxation Workshop - Fundamentals - NEW 8 John Tripp Taxation Manhattan

5/9/12 Oil & Gas Taxation Workshop - Advanced - NEW 8 John Tripp Taxation Manhattan

5/10/12 Agriculture Taxation Workshop - NEW 8 Roger McEowen Taxation Manhattan

5/22/12 "20 up to 40" Leadership Session - 2 (Day 1) Project & Young Professionals Conference 6 Ernie Almonte Leadership Lawrence

5/22-23/12 Young Professionals Conference 4 Ernie Almonte PD Lawrence

5/23/12 "20 up to 40" Leadership Session - 2 (Day 2) Prof Issues Update / Leadership Meetings 2 Ernie Almonte Leadership Lawrence

5/23/12 Leadership Summit - Executive Committee Meeting N/A Bob Schuster N/A Lawrence

5/23/12 Professional Issues Update with Ernie Almonte, Past AICPA Chair - FREE 2 Ernie Almonte Update Lawrence

5/23/12 Leadership Summit (includes lunch) - Task Force Meetings N/A N/A N/A Lawrence

5/23/12 Leadership Summit - Board of Director's Meeting N/A Bob Schuster N/A Lawrence

6/4/12 Cloud Security and Compliance 4 K2 Enterprises Technology Overland Park

6/4/12 Outlook Essentials 4 K2 Enterprises Technology Overland Park

6/5/12 Excel Tips, Tricks and Techniques for Accountants 8 K2 Enterprises Technology Overland Park

6/5-6/12 Governmental & Non-Profit Accounting & Auditing Conference 16 Panel Govt/NPO/AA Wichita

6/7/12 Nonprofit Accounting and Auditing Update 8 David Mosley A&A Wichita

6/8/12 Audit Sampling: Applying the New Audit Sampling Guidelines 8 Alan Anderson A&A Wichita

6/11/12 Creative Tax Strategies for Individuals- Hurdles & Benefits 4 Dennis Gerschick Taxation Overland Park

6/11/12 Negotiating & Structuring Business Deals 4 Dennis Gerschick Taxation Overland Park

6/12/12 Creative Tax Strategies for Individuals- Hurdles & Benefits 4 Dennis Gerschick Taxation Wichita

6/12/12 Negotiating & Structuring Business Deals 4 Dennis Gerschick Taxation Wichita

6/18/12 Governmental Accounting and Auditing Update 8 Mark Dick A&A Wichita

6/18/12 Closely Held Business Taxation: Smart Strategies to Slash Taxes 8 Gary Allerheiligen Taxation Overland Park

6/19/12 Closely Held Business Taxation: Smart Strategies to Slash Taxes 8 Gary Allerheiligen Taxation Wichita

6/19/12 Auditing Real-World Frauds: A Practical Case Application Approach 8 Lynn Fountain A&A Fraud Wichita

6/20/12 Business and Industry Expo 8 Panel B & I Wichita

6/20/12 Governmental Accounting and Auditing Update 8 Mark Dick A&A Overland Park

6/21/12 The Top Ten Fraud Schemes: How to Detect and Prevent Them 8 Lynn Fountain A&A Fraud Overland Park

6/21/12Estate Planning Strategies: Minimizing Taxes and Maximizing Wealth (Includes Serving as a Trustee)

4 Eric Larson Taxation Overland Park

6/21/12 The Law of Tax Exempt Organizations 4 Bruce Hopkins Taxation Overland Park

6/22/12 Accounting Services, Compilations and Reviews: Effective Risk Management 8 Lynn Fountain A&A Fraud Overland Park

6/22/12Estate Planning Strategies: Minimizing Taxes and Maximizing Wealth (Includes Serving as a Trustee)

4 Eric Larson Taxation Wichita

6/22/12 The Law of Tax Exempt Organizations 4 Bruce Hopkins Taxation Wichita

6/25/12 Conference on Kansas Taxes 8 Panel Taxation Mayetta

6/26/12 AICPA's Hottest Tax Topics for 2012 8 Steven Wagner Taxation Overland Park

6/26/12 Audit Excellence: How to Effectively & Efficiently Implement Audit Standards 8 Alan Anderson A&A Wichita

6/27/12 Audit Excellence: How to Effectively & Efficiently Implement Audit Standards 8 Alan Anderson A&A Overland Park

6/27/12 Excel PivotTables for Accountants- Part I 4 K2 Enterprises Technology Wichita

6/27/12 Outlook Essentials 4 K2 Enterprises Technology Wichita

6/28/12 Excel Tips, Tricks and Techniques for Accountants 8 K2 Enterprises Technology Wichita

6/28/12 Mergers, Acquisitions, and Sales of Closely Held Businesses: Advanced Case Analysis 8 Gary Allerheiligen Taxation Overland Park

6/28/12 Nonprofit Accounting and Auditing Update 8 John Georger, Jr. A&A Overland Park

6/29/12 Employee Benefit Plans: Audit and Accounting Essentials 8 Glynda McClure A&A Wichita

6/29/12 Mergers, Acquisitions, and Sales of Closely Held Businesses: Advanced Case Analysis 8 Gary Allerheiligen Taxation Wichita

7/26/12 "20 up to 40" Leadership Session - 3 (Day 1) Project / Dr. Gerald Graham / Dinner 4 Dr. G. Graham Leadership Salina

7/27/12 "20 up to 40" Leadership Session - 3 (Day 2) Dr. Gerald Graham 8 Dr. G. Graham Leadership Salina

9/21/12 Women's Leadership Conference 4 Jennifer Wilson Leadership Overland Park

9/21/12 Women to Watch Awards Luncheon - FREE N/A Tommye Barie Leadership Overland Park

9/27/12 "20 up to 40" Leadership Session - 4 Project / Jeff Lanza Fraud Event / Dinner with Board 4 Jeff Lanza Leadership/ Ethics KCK

9/27/12 KSCPA Board Team Building & Dinner with "20 up to 40" N/A Bob Schuster N/A KCK

9/28/12 "20 up to 40" Leadership Session - 4 TimberRidge Team Building 8 Panel Leadership Olathe

9/28/12 KSCPA Strategic Planning N/A Tom Hood N/A Overland Park

10/19/12 Business Valuation Conference 8 Panel BV & Consult. Overland Park

11/1/12 Excel Based Dashboards 8 K2 Enterprises Technology Overland Park

11/2/12 Technology for CPAs- Don't Get Left Behind 8 K2 Enterprises Technology Overland Park

Skyscapes - Newsletter of the Kansas Society of CPAs

35

2012 Professional Development and Events

CONFERENCES

LEADERSHIP EVENTS

COURSES

Date Range Description CPE Hours Speaker Field of Study Location

/13/2012-11/14/20"20 up to 40" Graduation Session - 5 Project / Tour / Dinner / Prof Issues Update / Leadership Meetings/ Graduation

4 Rich Caturano Leadership Wichita

11/14/12 Annual Meeting - Executive Committee Meeting N/A Bob Schuster N/A Wichita

11/14/12 Professional Issues Update with Rich Caturano, AICPA Chair - FREE 2 Rich Caturano Update Wichita

11/14/12 Annual Meeting of KSCPA and Educational Foundation N/A Bob Schuster N/A Wichita

11/14/12 Leadership Summit (includes lunch) - Task Force Meetings N/A N/A N/A Wichita

11/14/12 Leadership Summit - Board of Director's Meeting N/A M. Aron Dunn N/A Wichita

11/14/12 80th Anniversary Gala Dinner & Dance N/A Lonnie McFadden Band N/A Wichita

11/15-16/12 62nd Annual Kansas Tax Conference 16 Panel Taxation Wichita

11/26/12 International versus U.S. Accounting: What in the World is the Difference? 8 Alan Anderson A&A Overland Park

11/27/12 Not-for-Profit Accounting & Reporting: From Start to Finish 8 Alan Anderson A&A Overland Park

11/28/12The 2011 Revised Yellow Book: Government Auditing Standards (with GAO Exposure Draft Info)

8 Alan Anderson A&A Overland Park

11/29/12 Not-for-Profit Accounting & Reporting: From Start to Finish 8 Alan Anderson A&A Wichita

11/30/12The 2011 Revised Yellow Book: Government Auditing Standards (with GAO Exposure Draft Info)

8 Alan Anderson A&A Wichita

12/6/12 2012 Tax Advisor's Update (Biebl & Ranweiller) 8 Tim O'Shaughnessy Taxation Wichita

12/6-7/12 Heartland Technology Conference 16 K2 Enterprises Technology Overland Park

12/7/12 2012 Tax Advisor's Update (Biebl & Ranweiller) 8 Tim O'Shaughnessy Taxation Overland Park

12/10/12 Common Frauds and Internal Controls for Revenue, Purchasing and Cash Receipts 8 Lynn Fountain A&A Overland Park

12/10/12 AICPA's Annual Federal Tax Update 8 Douglas Warren Taxation Overland Park

12/13/12 Family Wealth Management 8 Dennis Gerschick Taxation Overland Park

12/17/12 Identifying Fraudulent Financial Transactions 8 Lynn Fountain A&A Wichita

12/18/12 Applying the Risk Assessment Standards Using a Case Study Approach 8 Lynn Fountain A&A Wichita

12/19/12 Delving into the Top Twelve Issues for Partnerships, LLCs and S Corps 8 Gary Allerheiligen Taxation Wichita

12/20/12 Delving into the Top Twelve Issues for Partnerships, LLCs and S Corps 8 Gary Allerheiligen Taxation Overland Park

12/27/12 Annual Update for Accountants and Auditors 8 Mark Dauberman A&A Wichita

12/27/12 S Corporation Key Issues, Compliance and Strategies: An IRS Target Area 8 Gary Allerheiligen Taxation Overland Park

12/28/12 Annual Update for Accountants and Auditors 8 Mark Dauberman A&A Overland Park

12/28/12 S Corporation Key Issues, Compliance and Strategies: An IRS Target Area 8 Gary Allerheiligen Taxation Wichita

Date Range Description CPE Hours Speaker Field of Study Location

5/7/12 Wealth Management Conference 8 Panel Consulting Overland Park

5/7/12 Risk Management Conference 8 Panel Consulting Overland Park

5/8/12 Oil & Gas Taxation Workshop - Fundamentals - NEW 8 John Tripp Taxation Manhattan

5/9/12 Oil & Gas Taxation Workshop - Advanced - NEW 8 John Tripp Taxation Manhattan

5/10/12 Agriculture Taxation Workshop - NEW 8 Roger McEowen Taxation Manhattan

5/22/12 "20 up to 40" Leadership Session - 2 (Day 1) Project & Young Professionals Conference 6 Ernie Almonte Leadership Lawrence

5/22-23/12 Young Professionals Conference 4 Ernie Almonte PD Lawrence

5/23/12 "20 up to 40" Leadership Session - 2 (Day 2) Prof Issues Update / Leadership Meetings 2 Ernie Almonte Leadership Lawrence

5/23/12 Leadership Summit - Executive Committee Meeting N/A Bob Schuster N/A Lawrence

5/23/12 Professional Issues Update with Ernie Almonte, Past AICPA Chair - FREE 2 Ernie Almonte Update Lawrence

5/23/12 Leadership Summit (includes lunch) - Task Force Meetings N/A N/A N/A Lawrence

5/23/12 Leadership Summit - Board of Director's Meeting N/A Bob Schuster N/A Lawrence

6/4/12 Cloud Security and Compliance 4 K2 Enterprises Technology Overland Park

6/4/12 Outlook Essentials 4 K2 Enterprises Technology Overland Park

6/5/12 Excel Tips, Tricks and Techniques for Accountants 8 K2 Enterprises Technology Overland Park

6/5-6/12 Governmental & Non-Profit Accounting & Auditing Conference 16 Panel Govt/NPO/AA Wichita

6/7/12 Nonprofit Accounting and Auditing Update 8 David Mosley A&A Wichita

6/8/12 Audit Sampling: Applying the New Audit Sampling Guidelines 8 Alan Anderson A&A Wichita

6/11/12 Creative Tax Strategies for Individuals- Hurdles & Benefits 4 Dennis Gerschick Taxation Overland Park

6/11/12 Negotiating & Structuring Business Deals 4 Dennis Gerschick Taxation Overland Park

6/12/12 Creative Tax Strategies for Individuals- Hurdles & Benefits 4 Dennis Gerschick Taxation Wichita

6/12/12 Negotiating & Structuring Business Deals 4 Dennis Gerschick Taxation Wichita

6/18/12 Governmental Accounting and Auditing Update 8 Mark Dick A&A Wichita

6/18/12 Closely Held Business Taxation: Smart Strategies to Slash Taxes 8 Gary Allerheiligen Taxation Overland Park

6/19/12 Closely Held Business Taxation: Smart Strategies to Slash Taxes 8 Gary Allerheiligen Taxation Wichita

6/19/12 Auditing Real-World Frauds: A Practical Case Application Approach 8 Lynn Fountain A&A Fraud Wichita

6/20/12 Business and Industry Expo 8 Panel B & I Wichita

6/20/12 Governmental Accounting and Auditing Update 8 Mark Dick A&A Overland Park

6/21/12 The Top Ten Fraud Schemes: How to Detect and Prevent Them 8 Lynn Fountain A&A Fraud Overland Park

6/21/12Estate Planning Strategies: Minimizing Taxes and Maximizing Wealth (Includes Serving as a Trustee)

4 Eric Larson Taxation Overland Park

6/21/12 The Law of Tax Exempt Organizations 4 Bruce Hopkins Taxation Overland Park

6/22/12 Accounting Services, Compilations and Reviews: Effective Risk Management 8 Lynn Fountain A&A Fraud Overland Park

6/22/12Estate Planning Strategies: Minimizing Taxes and Maximizing Wealth (Includes Serving as a Trustee)

4 Eric Larson Taxation Wichita

6/22/12 The Law of Tax Exempt Organizations 4 Bruce Hopkins Taxation Wichita

6/25/12 Conference on Kansas Taxes 8 Panel Taxation Mayetta

6/26/12 AICPA's Hottest Tax Topics for 2012 8 Steven Wagner Taxation Overland Park

6/26/12 Audit Excellence: How to Effectively & Efficiently Implement Audit Standards 8 Alan Anderson A&A Wichita

6/27/12 Audit Excellence: How to Effectively & Efficiently Implement Audit Standards 8 Alan Anderson A&A Overland Park

6/27/12 Excel PivotTables for Accountants- Part I 4 K2 Enterprises Technology Wichita

6/27/12 Outlook Essentials 4 K2 Enterprises Technology Wichita

6/28/12 Excel Tips, Tricks and Techniques for Accountants 8 K2 Enterprises Technology Wichita

6/28/12 Mergers, Acquisitions, and Sales of Closely Held Businesses: Advanced Case Analysis 8 Gary Allerheiligen Taxation Overland Park

6/28/12 Nonprofit Accounting and Auditing Update 8 John Georger, Jr. A&A Overland Park

6/29/12 Employee Benefit Plans: Audit and Accounting Essentials 8 Glynda McClure A&A Wichita

6/29/12 Mergers, Acquisitions, and Sales of Closely Held Businesses: Advanced Case Analysis 8 Gary Allerheiligen Taxation Wichita

7/26/12 "20 up to 40" Leadership Session - 3 (Day 1) Project / Dr. Gerald Graham / Dinner 4 Dr. G. Graham Leadership Salina

7/27/12 "20 up to 40" Leadership Session - 3 (Day 2) Dr. Gerald Graham 8 Dr. G. Graham Leadership Salina

9/21/12 Women's Leadership Conference 4 Jennifer Wilson Leadership Overland Park

9/21/12 Women to Watch Awards Luncheon - FREE N/A Tommye Barie Leadership Overland Park

9/27/12 "20 up to 40" Leadership Session - 4 Project / Jeff Lanza Fraud Event / Dinner with Board 4 Jeff Lanza Leadership/ Ethics KCK

9/27/12 KSCPA Board Team Building & Dinner with "20 up to 40" N/A Bob Schuster N/A KCK

9/28/12 "20 up to 40" Leadership Session - 4 TimberRidge Team Building 8 Panel Leadership Olathe

9/28/12 KSCPA Strategic Planning N/A Tom Hood N/A Overland Park

10/19/12 Business Valuation Conference 8 Panel BV & Consult. Overland Park

11/1/12 Excel Based Dashboards 8 K2 Enterprises Technology Overland Park

11/2/12 Technology for CPAs- Don't Get Left Behind 8 K2 Enterprises Technology Overland Park

New KSCPA Workshops

Oil & Gas Taxation Workshop - Fundamentalswith Dr. John Tripp

05/08/2012

Oil & Gas Taxation Workshop - Advancedwith Dr. John Tripp

05/09/2012

Agricultural Taxation Workshopwith Roger McEowen

05/10/2012

These workshops will take place on the beautiful campus of Kansas State University. Visit www.kscpa.org for more information, or contact the KSCPA at 785.272.4366.

36

January 2012 Classified Advertising

FHLBank TopekaAccounting Policy & Research Specialist

FHLBank Topeka’s products and services help our member banks provide affordable credit and support housing and community development efforts. We are accepting resumes for the position listed below. Position located in Topeka, Kansas.

Accounting Policy & Research SpecialistThis position will assist with the development, implementation and administration of accounting policies and will coordinate the implementation of new accounting and reporting requirements with accounting personnel and functional departments. Assist the CAO and staff with evaluating and researching specific transactions for compliance with authoritative accounting literature. Track new and pending accounting pronouncements and an assessment of their impact on the Bank in compliance with GAAP, SEC and regulatory rules. Coordinate the initial assessment of unique/significant transactions for compliance with the Bank’s accounting policies, GAAP, SEC and regulatory rules.

Qualifications•Bachelor’sdegreeinaccountingandCPAcertificateoradvanceddegree required.•5+yearsaccountingexperiencepreferablywithinthefinancialservices industry or public accounting.•Workingknowledgeofinternalcontrols,SOxrequirementsandgenerally accepted accounting principles and theories.•Ability to research complex accounting, auditing and internalcontrol literature.•ExperiencewithSECandotherfinancialreportingforafinancialinstitution preferred.•KnowledgeandproficientuseofMSOfficeproducts,includingWord, Access and Excel, accounting and other financial software applications.

In addition to a rewarding, team-oriented work environment, FHLBank Topeka offers opportunities for growth and development, an attractive benefit package including health and dental insurance, 401(k), short-term incentive plan and much more. To see a more detailed job summary and apply for this position, go to the Bank website at www.fhlbtopeka.com.

EOE

JACAM Chemical CompanyAssistant CFO

JACAM Chemical Company is currently seeking an Assistant CFO in our Sterling, KS headquarters. JACAM serves the energy industry worldwide with the very best combination of service, quality, and product performance in the chemical industry while maintaining the highest standards of ethics, honesty, and integrity.

This position will work closely with the CEO, President and CFO to assist in managing the accounting/finance team. The position will assist with the strategic management of the Company along with day-to-day planning, implementing, management and control of all financial related activities of the company. Responsibilities may also include forecasting, budgeting, job/product costing, property management, deal analysis and negotiations, investor relationships, partnership tax compliance, and private and institutional financing.

Requires a Bachelor’s Degree in Accounting or Finance and 6-10 years related experience. Excellent oral and written communication skills and proven leadership qualities are a must. Must have strong analytical and interpersonal skills and a willingness to work closely with others throughout the accounting department and Company to proactively deal with and solve business challenges. Must be proficient with Microsoft Excel, Word, and Outlook, experience with Microsoft Dynamics AX software would be a plus. Master’s Degree and CPA preferred but not required. EOE

Please send resume and salary requirements to:

Rob SouthernKennedy and Coe, LLCrsouther@kcoe.com

RA Tax & Accounting, Inc.Seasonal Preparer Wanted- Lenexa

Lenexa tax firm sees full and part-time seasonal tax preparers. Lacerte experience helpful. will prepare individual and business tax returns from end of January through April 15th. Year round part-time work may be possible for the right individual. Attention to detail and accuracy are a must. Wage rate negotiable.

Marketing Resources for KSCPA Members

Check the “Member Resources” for Marketing Resources.Watch for the new KSCPA Marketing Toolkit - Coming soon!

Skyscapes - Newsletter of the Kansas Society of CPAs

37

FHLBank TopekaAccountant I, Investment, Debt & Derivatives

FHLBank Topeka’s products and services help our member banks provide affordable credit and support housing and community development efforts. We are accepting resumes for the position listed below.

Accountant I, Investment, Debt & DerivativesThis position accounts for the Bank’s investments, debt, derivatives and other related activities. Requires a significant level of judgment and interpretation as these financial instruments often include complex and non-standard terms that must be captured timely and properly accounted for from multiple sources and types of documents.

Qualifications•Bachelor’s degree in accounting or 4 year college degree plusequivalentwork experience and 1+ years of related experiencerequired.•CPA,CMAorCIDAcertificationdesirable.•In-depthknowledgeofgenerallyacceptedaccountingprinciplesand theories.•Knowledge of complex investment, debt and derivativetransactions desirable.•KnowledgeandproficientuseofMSOfficeproducts,includingWord, Access and Excel, accounting and other financial software applications.•Excellentwrittenandverbalcommunicationskills.

In addition to a rewarding, team-oriented work environment, FHLBank Topeka offers opportunities for growth and development, an attractive benefit package including health and dental insurance, 401(k), short-term incentive plan and much more. To see a more detailed job summary and apply for this position, go to the Bank website at www.fhlbtopeka.com.

EOE

Stanfield & O’Dell P.C.Positions: Tax Manager, Senior Tax Accountants Full-Time and Seasonal

Location: Tulsa Oklahoma

Stanfield & O’Dell P.C. is a mid-size firm employing over 40 people in Tulsa and serving clients world-wide. We are a full-service consulting and CPA firm founded 60 years ago. Our dedication to our employees’ growth is strong, making our client relationships even stronger.

We are seeking aTaxManager with 4+ years experience inpublic accounting as well as Senior Tax accountants with at least two years of public accounting experience. Our firm offers an excellent benefit and compensation package as well as a structured leadership development program. Please visit www.stanfieldodell.com for an overview of our firm, learn more about our available positions and submit your resume!

Windward Private Wealth Management, inc. Tax Professional- Overland Park

We are a wealth management firm who is currently seeking a Tax Professional who is familiar with current tax laws and who is also familiar with the wealth management process. This entreprenurial position can be a home telecommuting arrangement and requires a goal-oriented, self-motivated professional. If you have ever wanted to start your own tax practice, you could be our candidate. The primary responsibility will be creating, developing and overseeing the tax services division of our company. Candidate should be a CPA with 4-6 years CPA firm or related experience.

Send resumes and inquires to Darrell Tierney at dtierney@windwardfp.com

The Kansas Society of CPAs, Inc. is a proud supporter of the Chickadee Checkoff.

It’s time for Chickadee Checkoff!Since 1980, the Chickadee Checkoff line has appeared on the Kansas Individual Income Tax forms. It provides Kansans an opportunity to contribute to wildlife programs for species of wildlife not normally hunted. Eagles, songbirds, threatened and endangered species, turtles, lizards, butterflies, and pretty little stream darters all benefit. Although over $4 million dollars has been contributed via the Chickadee Checkoff, the average number of contributors throughout the checkoff’s history is a little over 17,000 annually. The highest year had 26,572 contributors, largely due to the chickadee logo appearing for the first time on the tax form. Donations have steadily declined since then because there are competing checkoff’s for other programs on the tax form. Let’s make it a banner year - nurture wildlife for the next generation! To order your prints, posters, and brochures for this year’s Chickadee Checkoff campaign e-mail ess@ksoutoors.com -- be sure to include how many of each you need and where they need to be sent or you may send in your requests to the address below.

Kansas Dept of Wildlife, Parks, and TourismEcological Services Section

512 SE 25th AvePratt, KS 67124

620-672-5911Thank you for your support!

Mark Your Calendar!

SM

Events Conferences

www.kscpa.org

Conference on Kansas Taxes

June 25 , 2012 - Prairie Band Resort & Conf. Cntr.

Wealth/Risk Management Conferences

May 7, 2012 - Overland Park

Governmental & Non Profit Accounting & Auditing Conference

June 5-6, 2012 - Hyatt Wichita

Young Professionals Conferencewith Ernie Almonte

May 22, 2012 - Lawrence

Business & Industry EXPO

June 20, 2012 - Wichita

Women’s Leadership Conference

September 21 , 2012 - Overland Park

Agricultural Workshopwith Roger McEowen

May 10, 2012 - Manhattan

Business Valuation Conference

October 19 , 2012 - Overland Park

Oil & Gas Workshopwith John Tripp

May 8-9, 2012 - Manhattan

K2 Heartland Technology Conference

December 6-7, 2012 - Overland Park

62nd Annual Kansas Tax Conference

November 15-16, 2012 - Hyatt Wichita

Designed for the profession, by the profession.

Issues Update & Leadership Summitwith Ernie Almonte

May 23, 2012 - Lawrence

KSCPA Strategic Planning Retreat

September 27-28 , 2012 - Overland Park

3rd 2012 “20 up to 40” Leadership Training

July 26-27 , 2012 - Salina

2nd 2012 “20 up to 40” Program

May 22-23, 2012 - Lawrence

4th 2012 “20 up to 40” Team Building

September 27-28 , 2012 - Kansas City

Professional Issues Updatewith Rich Caturano

November 14 , 2012 - Hyatt Wichita

Women to Watch Awards Luncheon

September 21 , 2012 - Overland Park

KSCPA 80th Anniversary GalaStarring Lonnie McFadden

November 14 , 2012 - Hyatt Wichita

REGISTER NOW at www.kscpa.org!

KSCPA Annual Meeting

November 14 , 2012 - Hyatt Wichita

Leadership Summit

November 14 , 2012 - Hyatt Wichita

Leadership Summit

May 23, 2012 - Lawrence