Access the latest MSCPA articles plus other news and events.
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CPA Evolution Will Impact Today's Interns
How can firms prepare?
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Introducing the CEIV and CVFI Credentials
AICPA
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MSCPA & AICPA Advocate For Immediate IRS Service Issues Relief
IRS to Offer Limited Taxpayer Relief in Response to Backlogs
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Mandatory Electronic Filing of Form 990-T – MS Form 83-105 Modification Granted
The MSCPA, working with members of the Not-for-Profit Committee, was able to get the State to modify the requirement of an officer’s social security number to be disclosed on Form 83-105.
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MSCPA Advocates For State Tax Code Revisions For COVID Funds in 2022 Legislative Season
2021 Filing Season Impacted
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Governor Reeves makes State Board Appointments
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Proposed Quality Management Standards Will Affect Every Firm With an Accounting and Auditing Practice
The American Institute of CPAs’ (AICPA) Auditing Standards Board (ASB) has issued the exposure draft (ED), Proposed Quality Management Standards (QM), that includes three interrelated standards which address the way CPA firms manage quality for their accounting and auditing practices.
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DOL to Conduct Audit Quality Assessment of 2020 Plan Year Filings
The DOL Employee Benefit Security Administration (EBSA) Office of the Chief Accountant (OCA) is planning to conduct a study to assess the quality of audit work performed by independent qualified public accountants (IQPAs) with respect to financial statement audits of employee benefit plans covered under the Employee Retirement Income Security Act of 1974 (ERISA) for the 2020 Form 5500 filing year (plan years beginning in 2020).
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MSCPA Advocates for Tax Relief for Mississippi Following Hurricane Ida
Mississippi now has until November 1 to file various individual and business tax returns and make tax payments.
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Education Foundation Awards $44,000 in Scholarships
The Education Foundation of the Mississippi Society of CPAs recently awarded $44,000 in college scholarships for the fall 2021 term. Founded in the early 1970s, the Foundation seeks to promote accounting education in Mississippi colleges and universities by helping students pursue a CPA career. College juniors, seniors, and graduate students representing 8 Mississippi institutions applied for the scholarships, which required submitted essays, transcripts, and resumes. Scholarships worth $3,000 each were awarded to 14 students and a scholarship worth $1,000 was awarded to a student from the Natchez-Adams County area.
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