Protecting the CPA profession is the MACPA PAC’s top priority. Every day we see headline grabbing issues focusing the attention of our elected representatives. Far from the front page; however, are issues that have serious affect on your livelihood and continued licensure as a CPA. The MACPA PAC is your watchdog against dangerous, uninformed government policy that threatens to harm the CPA profession. The full effect of term limits is now being seen and this election is already set to be the most significant in Michigan’s history. All 38 members of the Senate are up for election. 29 of those individuals cannot run again and will be vacating their seats in the Senate. All 110 members of the House of Representatives are up for election. …show more content…
Further, Finance and Executive Committee members had recommended over the course of five years that the benchmark be increased annually by 5%, to a maximum of 50%. Recently, this philosophy was revisited and after reviewing updated information, it was determined that this level of reserve may be too conservative and the use of a range was recommended in order to fund these worthwhile projects, with the minimum being 25%. There are six Special Project categories, which include the following: • Customized Training Solutions (CTS) • Tax Preparation Programs • Michigan Accountancy Foundation (MAF) • High School Leaders Conferences (HSLC) • Student and Educator Initiatives • Other Community Outreach/Support John made a recommendation on behalf of the Finance Committee to approve this year’s budget. It was moved, seconded and the motion was passed to accept the proposed 2010-2011budget. Aptify Project Update Peggy Dzierzawski reported on the following aspects of the Aptify Project: • AMS Project Summary o MACPA currently operates on Association Manager 4 (AM4), a product developed by Custom
I agree with you in your position because I too believe the CPA does not have to advise Ahi on its plan to earn interest on their $100,000,000 tax liability to the IRS by mailing the check from the U.S. Virgin Islands to create a float. Article seven, scope and nature of services, of the AICPA Code of Professional Conduct sates that the CPA should observe the principles of the Code in determining the scope and nature of services provided (Colson, 2004). Ahi employee’s plan is not part of the CPA competencies in regards to taxation; the activity does not seem to be consistent with the CPA’s role. This plan should have probably been discussed within the finance or accounting department in Ahi Corporation.
To organize and prioritize the current and future projects in the pipeline in a way that fits into the PMB budget of $5B, and ensures projects that increase sales, growth, and stockholder value are of top priority, whereas projects that are not beneficial are either put on hold or discarded.
Week 4 DQ 1 Resource Allocation and Leveling PROJ 592 Week 4 DQ 2 Advanced Schedule Techniques PROJ 592 Week 5 DQ 1 Earned Value Calculation PROJ 592 Week 5 DQ 2 Project Monitoring and Control & EV PROJ 592 Week 6 DQ 1 Forecasting Project Completion Cost PROJ 592 Week 6 DQ 2 Project Control PROJ 592 Week 7 DQ
* Complete all housing design and renovation projects no more than 8% over the established baseline cost or schedule
Michigan State Senate is the upper house of the Michigan Legislature. It Consists of 38 members who are elected from districts that had an average of 260,096 residents. The Senate meets at its capitol in Lansing. Senators are elected at the same time as the governor, the senators serve four-year terms with the governor’s term of office. Moreover, terms for senators begin on January 1, then November is the general election.
Since reviewing and discussing the proposal, several things have come to light and we are requesting some changes to the DCF analysis to include some potential solutions. First, it is agreed that the price for
In today’s government, the state of Michigan has two representative in the Senate (Debbie Stabenow and Gary Peters) and one in Congress (Debbie Dingell). Debbie Stabenow currently resides as the ranking member of the Senate Committee on Agriculture, Nutrition, and Foresty, and the Senate Committee on Finance, along with serving on subcommittees on commodities, conservation, and rural development and energy. Gary Peters currently sits on the Senate Committee on Commerce, Science, and Transportation, Homeland Security, and Armed Services, along with being apart of subcommittees on Fisheries, aviation, emerging threats, and strategic forces. Debbie Dinged currently resides on the House Committee on Energy and Commerce, while being on
budget for these activities. Two of the six BIDs I analyzed closely, had over 30% allocated to Tier I activities and another two had over 40% allocated to them. One had only 4% (Table 6).
This report is divided into four sections. The first section introduces the State of Michigan and gives a brief contextual. The second section gives a brief historical background of Michigan’s economy. The third section glances into the state budget and provides a thorough analysis and discussion of the financial data. The fourth section discusses the similarities and differences between Michigan and Minnesota in terms of budget management and budget balancing strategies.
Most states have multiple districts; a few small states have only one district that covers the entire state. Members of the Senate are voted in every six years by residents of their state. Every state gets two Senators regardless of population, and both Senators serve all residents of their state. Every two years, the entire House of Representatives is up for re-election, while only one third of the Senate would be up for
* The cost of each capital improvement project is closely monitored by DoDEA HQ and the DoDEA Regional Facilities/Logistics Office on an ongoing basis. In the event that DoDEA HQ or the DoDEA Regional Facilities/Logistics Office determines that a project with an estimated cost under $200K will require an increase in the current work estimate due to unforeseen circumstances, the Regional Facilities/Logistics Office is required to resubmit the FSRM request to DoDEA HQ for the appropriate approval process based on the specific threshold of the project. Refer to the FSRM Project steps for the following thresholds, $200K - $1M, $1M - $7.5M, $7.5 - Greater, below for further details.
Imagine trusting your hard-earned money like your retirement savings to a financial adviser or Certified Public Accountants (CPA) only to lose it all in a fraudulent Ponzi scheme. In today’s world of business many organizations, financial planners and accountants are in the news due to the financial ethical breaches that have affected their customers, employees, and the general public. A CPA has to be responsible for their audits and take any punishments as a result of their mistakes, incompetence or illegal actions. CPAs are expected to have integrity in their work,
According to the percentages the allocations were calculated and the recommendations are as listed: Growth
All of the 11 projects are primarily ranked based on quantitative measurements. We have to also take into consideration of other quantitative aspects like length of the project, initial investment and anticipated payback period. Moreover, this
The following paper analyzes a project from financial perspectives using the capital budgeting techniques like Net Present Value (NPV) and Internal Rate of Return (IRR).