January-February 2022

Flipbook

In this issue:

Ready for New Opportunities in the Year Ahead

https://www.tx.cpa/resources/txcpa-magazine/janfeb2022/2022/01/06/ready-for-new-opportunities-in-the-year-ahead?

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CEO’s Message

By TXCPA President and CEO Jodi Ann Ray, CAE

TXCPA President and CEO Jodi Ann Ray, CAE

The last two years have been full of change and we learned quickly that we would need a new definition for “normal.” As you plan for your new normal, turn to TXCPA for the resources and connections you need to stay ahead of the changes yet to come.

Stay informed. TXCPA communicates with members in many ways, always striving to keep you in-the-know about the latest professional updates. Be sure the details in your member profile are accurate so we can understand your areas of interest and you don’t miss any critical alerts. TXCPA’s social media channels also provide quick, short and timely updates. Be sure to follow the Society on Facebook, LinkedIn, Twitter and Instagram. I hope to see you during one of our Facebook Live Friday broadcasts at 10 a.m. Central Standard Time most Fridays.

Stay ahead. TXCPA’s CPE programs are critical for staying ahead of the changes coming throughout the year. We offer four FREE two-hour professional issues update webcasts, quarterly Texas tax update webcasts and our four-hour Ethics program that meets your state requirement. All these programs are included as part of your member investment! Be sure you add the dates for these and other important CPE opportunities and you’ll be ready to answer the tough questions for your clients as you move into tax season.

Stay connected. One of the greatest benefits of membership is the connection you have to thousands of CPAs across the state. You can participate in a chat on TXCPA Exchange, join a committee, volunteer with your chapter or get engaged in TXCPA’s advocacy efforts. You can get involved at any time of the year, but we are currently seeking volunteers to join committees for the start of our fiscal year June 1.

All members are invited to attend our 2022 Midyear Meeting on January 21-22 in Irving. You’ll hear valuable updates on the profession and connect with others in the community. Members will have the opportunity to attend the event in-person or via webcast.

The TXCPA team is here to help you be more engaged and successful in 2022! Please let us know how we can best serve you in the new year ahead.

Happy New Year!

Share Your Thoughts
I’d love to hear your feedback and answer your questions. Drop me a note at jray@tx.cpa or connect with me on LinkedIn.

November-December 2025

Flipbook

In This Issue

  • TXCPA’s 2025 Rising Stars

    TXCPA’s Rising Stars Program honors 16 exceptional CPA members under 40 who are making a significant impact in the profession and their communities. These honorees exemplify leadership, innovation, and a commitment to making a difference.
    View Article

  • CPE: Information Security Plans for Tax Professionals: A Review of Existing Guidance

    This article reviews the essential information security responsibilities of tax professionals and CPA firms amid growing cybersecurity threats. It outlines key IRS and FTC requirements, and offers practical steps for safeguarding taxpayer data, detecting and responding to breaches, and complying with data privacy laws.
    View Article

  • Top 10 Estate Planning Topics in Texas in 2025: A Scholarly Perspective

    This article highlights 10 key issues shaping estate planning in Texas. As a client's needs grow more complex, Texas CPAs play a critical role in guiding them with expertise, foresight and personalized strategies.
    View Article

  • The PCC’s 2025 Priorities: Advising FASB on Private Company Issues

    In 2025, the Private Company Council continued its work advising the Financial Accounting Standards Board on financial reporting issues affecting private companies. PCC Chair Jere Shawver discusses key accomplishments and what's ahead.
    View Article

  • Legislative Wins Reshape CPA Licensure and Mobility in Texas

    TXCPA achieved major legislative wins in the 89th Texas Legislature, including creation of a new CPA licensure pathway and modernizing practice mobility. These victories highlight our leadership in opening new doors for current and future CPAs.
    View Article

  • What’s Happening Around Texas - November-December 2025

    TXCPA chapters across Texas hosted events supporting education, professional growth and community engagement. Highlights include Corpus Christi’s school supply drive, Dallas’s behind-the-scenes Meyerson Symphony Center tour, East Texas’s Leadership Day, and San Antonio’s Beta Alpha Psi Competition and Accounting Educators Mixer.
    View Article

  • IAASB Approves New Standard on Sustainability Assurance

    The IAASB approved ISSA 5000, the first comprehensive global standard for sustainability assurance, effective for periods beginning December 15, 2026. The principles-based standard applies to all ESG topics, introduces the concept of double materiality, and allows for limited or reasonable assurance engagements.
    View Article

  • Our Rising Stars Shine Brightly

    TXCPA Chair Billy Kelley highlights the November/December issue of Today’s CPA, where we celebrate TXCPA’s Rising Stars - emerging leaders shaping the profession’s future. He also discusses the articles on estate planning, sustainability standards, information security, and TXCPA advocacy, plus chapter updates as members close out the year.
    View Article

  • Automation and AI and its Impact on the Future of Accounting

    Automation and artificial intelligence are revolutionizing accounting by streamlining tasks, improving accuracy and enhancing decision making. While offering efficiency and strategic benefits, these technologies also raise challenges around ethics, data privacy and workforce skills.
    View Article

  • PCAOB Adopts New Audit Firm and Engagement-Level Metrics Disclosures

    PCAOB's Release No. 2024-002 introduces new firm-level and engagement-level audit metrics to increase transparency and provide more decision-useful information. While broadly supporting the goal, stakeholders raised concerns about high compliance costs, a limited link to audit quality and potential negative impacts on smaller firms.
    View Article

  • Take Note

    In this edition of Take Note: November is Accounting Opportunities Month and TXCPA Month of Service; Member Insurance Program Provides Exclusive Benefits; Midyear Leadership Council Meeting is January 22-23; Support Through ACAN; TXCPA’s Career Center
    View Article

  • Classifieds

    The classified ad section features listings for practice sales, firm buyers and specialized services. Whether you're expanding, selling or exploring niche opportunities, these ads connect you to valuable prospects and resources.
    View Article

CHAIR
Mohan Kuruvilla, Ph.D., CPA

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

CHIEF OPERATING OFFICER
Melinda Bentley, CAE

EDITORIAL BOARD CHAIR
Jennifer Johnson, CPA

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

MANAGING EDITOR
DeLynn Deakins
ddeakins@tx.cpa

COLUMN EDITOR
Don Carpenter, MSAcc/CPA

DIGITAL MARKETING SPECIALIST
Wayne Hardin, CDMP, PCM®

CLASSIFIEDS
DeLynn Deakins

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

 

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

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