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CPAs from across North Carolina took to their communities on Friday, September 18, 2015, for the fourth annual CPA Day of Service. More than 2,100 individuals, representing over 268 of North Carolina’s businesses, participated via serving approximately 150 charitable organizations across the state. “The public may not always know much about CPAs beyond yearly taxes,…

Content provided by Smith Anderson, NCACPA’s Legal Counsel North Carolina’s General Assembly is continuing the overhaul of the State’s tax system that it began in 2013. That year, the General Assembly slashed corporate and individual tax rates, eliminated many income tax deductions and credits and repealed numerous sales tax exemptions, special rates, holidays and refunds….

Excerpt from the August 2015 issue of Interim Report Walter Conaway Davenport: Embracing the Future and Honoring the Past In 1968, Walter Conaway Davenport was part of the Honor Guard for the casket of Dr. Martin Luther King, Jr. while it lay in state before the funeral. The man represented much more than just the…

Thursday, September 10 On Thursday, September 10, the Triangle Business Journal hosted its Leaders in Diversity Awards Luncheon. The event seeks to recognize the accomplishments of Triangle businesses, individuals, and nonprofits as they strive to reflect the essential, unique array of our community. Nathan T. Garrett, of Durham, was honored as the recipient of the…

NCACPA Member Melisa Galasso, CPA, is the current chair of the A&A Committee. FASB will be hosting public roundtable meetings on its April 2015 Proposed Accounting Standards Update, Not-for-Profit Entities (Topic 958) and Health Care Entities (Topic 954): Presentation of Financial Statements of Not-for-Profit Entities. The roundtables will be held at FASB’s offices in Norwalk,…