Tag: change

Summer time graduation speaker trumpets electricity ‘to change the world’

Shelia Pearson
Summer time graduation speaker trumpets electricity ‘to change the world’

Summer season graduates consist of:

Summer time graduation speaker trumpets electricity ‘to change the world’
Eric Rosano, a Philadelphia indigenous who attained a Ph.D. in accounting.

Eric Rosano, a Philadelphia indigenous who earned a Ph.D. in accounting.

Rosano adds to daily life experiences that consist of a stint as an accounting lecturer at Arizona State University provider in the U.S. Army participation in a Navy Intelligence immersion application in Mandarin, in which he’s communicative and partnership in a corporation, Mythulu, which suggests it aims to “stabilize and increase the storytelling marketplace.”

He also has penned an unpublished Sci-Fi novel, building him a champion of both equally figures and letters.

Allen Blay, chair of the Division of Accounting in the University of Organization, phone calls Rosano “one of the most fascinating and fantastic all-about students I have at any time fulfilled.”

Rosano and his spouse, Olivia, fostered little ones all through the first 50 % of his five years in the doctoral program and program to do so yet again. They have a daughter, Luciana, 15, and a son, Leith, 7, the latter of whom they adopted through foster care.

Cadyn Badeaux, who earned a master’s degree in criminology at age 20. She has done so through FSU’s Combined Pathways Program
Cadyn Badeaux, who gained a master’s diploma in criminology at age 20.

“We decided that the route we would choose

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New accounting method change procedures issued for small business taxpayers

Shelia Pearson

Editor: Kevin Anderson, CPA, J.D.

The IRS and Treasury released two revenue procedures (Rev. Procs. 2022–9 and 2022–14) on Dec. 16, 2021, and Jan. 31, 2022, respectively, on accounting method change procedures. Rev. Proc. 2022–9 modifies Rev. Proc. 2019–43, the exclusive revenue procedure for automatic consent accounting method changes, to enable small business taxpayers to obtain automatic consent to change to simplified methods of accounting to comply with the final regulations under Secs. 263A, 448, 460, and 471 issued on Jan. 5, 2021 (T.D. 9942).

Rev. Proc. 2022-9 modifies existing automatic method changes, adds several new automatic changes, and contains transition rules that provide more flexibility for taxpayers to change to or from the simplified methods. Procedures also are provided for taxpayers to revoke a syndicate election made under the proposed small business taxpayer regulations issued in August 2020. Rev. Proc. 2022-14updates the list of automatic accounting method changes and significantly modifies Rev. Proc. 2019–43, including revising some items in Rev. Proc. 2022–9.

In December 2017, the law known as the Tax Cuts and Jobs Act, P.L. 115–97, introduced a

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Counting on change – Virginia Business

Shelia Pearson
Counting on change – Virginia Business

Accounting industry works to diversify talent pipeline




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Courtney Mabeus


Accounting firms must increase their focus on diversity to ensure business sustainability, says Royce Burnett, associate professor and chair of Old Dominion University’s School of Accountancy. Photo by Mark Rhodes
Accounting firms must increase their focus on diversity to ensure business sustainability, says Royce Burnett, associate professor and chair of Old Dominion University’s School of Accountancy. Photo by Mark Rhodes

Royce Burnett remembers how challenging it felt in 1981 as a freshly graduated audit associate starting work at a Big Eight accounting firm in Texas.

Of about 250 new employees hired at the time, Burnett, who’s now an associate professor and chair of Old Dominion University’s School of Accountancy, believes he was the only African American. “It was unbelievably stressful,” recalls Burnett, “because there wasn’t anybody that looked like you. There wasn’t anybody you could talk to.”

In a field that has long been dominated by white men, Burnett says he found assistance from a group that formed “the first wave of diversity” in the accounting industry: white female partners. They helped him develop the tools he needed to thrive, he says.

“The [female] partners [instructed] me regarding how to participate on an audit team, how to respond to client queries, how to write and, more important, how to assess and interact with the political environment

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