Pub. 4 2022 Issue 1

J A N U A R Y / F E B R U A R Y 2 0 2 2 6 nebraska cpas PRESIDENT’S MESSAGE BY JONI SUNDQUIST, NEBRASKA SOCIETY OF CPAS WELCOME TO A NEW YEAR! The hopes and opportunities that lie ahead for the profession and our organizations are exciting. Achieving success in 2022 will again take focus, f lexibility, and creative solutions to both known and unknown challenges. As Tony Robbins said, “Stay committed to your decisions, but stay f lexible in your approach.” The Nebraska Society of CPAs remains committed to the CPA profession—we are here to support you with education, advocacy, and leadership that will help you best serve your clients and communities. And we’re also staying f lexible—shifting our plans and strategies as needed but not changing our vision and our mission for the Society. Board Kicks Off 2022 The Society Board of Directors held its first meeting of 2022 on January 4, with Society Chairman Erica Parks presiding. The board reviewed the approximately $1.2 million Society budget for 2022-2023, which includes a slight increase in dues for the coming year. The last dues increase occurred in 2018. Registration fees for Society Continuing Professional Education (CPE) will remain consistent. In anticipation of the new fiscal year, which begins April 1, data profiles have been mailed to all members. Please be sure to send any address changes and other updates for your firm or yourself to society@nescpa.org or mail your form to the Society office as soon as possible. The following list highlights some of the additional information and actions taken at the January 4 meeting: • The Society Board approved 30 applications for membership, including nine CPA memberships, one Exam-Qualif ied Affiliatemembership, two Professional Affiliatememberships, and 18 Student Affiliate memberships. Total membership now stands at 2,569 individuals. • Society Vice President Kelly Ebert presented a report on the results of the Society’s 2021 CPE programs, which had a total of 2,824 registrants. This included registrations for both NESCPA courses and partner courses. Vice President Ebert stated that the Society plans to hold approximately 30 courses in person in 2022, while continuing to provide numerous Society courses online. This is in addition to the thousands of online courses that will continue to be available at www.nescpa.org/cpe. Ebert also presented the 2022 conference schedule to the board—see page 9 for the dates. • Following a request for audit proposals to the full membership last fall, the Society Board voted to approve the Audit Bids Committee’s recommendation to retainGrafton &Associates, PC, of Lincoln to provide professional accounting and tax services to the Society, its Foundation, and the Political Education Committee for the next five years. • The Society Board approved the recommendations of the Awards Selection Committee to honor four outstanding Society members during the 2022 Annual Meeting. • Board member Tom Purcell presented a brief report regarding the Rules of Professional Conduct Task Force, led by the Nebraska Board of Public Accountancy. The task force consisted of members of both the State Board and the Nebraska Society of CPAs, andwas formed to reviewChapter 5, the Rules of Professional Conduct, adopted pursuant to the provisions of Section 1-112 of the Nebraska Board of Public Accountancy Act, Title 288. Purcell reported that the recommendation of the task force to the State Board will be to adopt parts of the AICPA’s Code of Conduct as guidance documents rather than pursuing rule changes.

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