Footnote Magazine

December 2011/January 2012: Running Smoothly

Member notes
Updates from our members, including promotions, new hires, speaking engagements and firm news.

The case of the ethics of Thebes
Frank’s business card lists him as Frank Kikyrself, CPA, AFM (antique furniture maven) and he thinks it’s refreshing not having to worry about the AICPA Code of Ethics anymore. Is Frank’s belief that the code no longer applies correct?

Make a difference through advocacy
You may have become involved in the profession and the MNCPA through the encouragement and support of your employer. Or maybe a colleague piqued your interest. Either way, you’ve undoubtedly come to learn that professional involvement can be very self-rewarding. And now, more than ever, we as CPAs need to raise a strong voice and increase our advocacy efforts.

MNCPA’s Distinguished Service Award
He’s the first to admit he receives more than he gives. Meet Steve Bodine, recipient of the MNCPA’s highest member award, to understand why.

Defined contribution health benefits
The latest in a long line of major developments in health care benefits, the defined contribution model redefines the role of group health coverage. Consider the benefits for employers and employees.

57th MNCPA Tax Conference for member Butzie Lehrman
At 89, Butzie holds the distinction of having attended every MNCPA Tax Conference since its inception in 1955.

Topline growth in an uncertain economy
As the economy continues to reel and companies shift to a focus on topline revenue growth, CFOs must work to ensure profitable growth without disproportionate risk. Learn how two Minnesota CFOs are tackling the challenge.

Employed for life?
Minnesota operates as an at-will employment state. But when the employer is a closely held corporation, the rules change. Understand the tension between Minnesota employment and shareholder law, and steps to prevent or resolve disputes over employment expectations.

Merge with care
An upsurge in merger and acquisition (M&A) activity is inevitable over the next decade. But not all mergers turn out as expected. Three traits of successful mergers can help you determine if your firm is ready.

Five MNCPA members chosen as CFO of the Year finalists
Congratulations to five MNCPA members recently chosen as finalists for the Minneapolis/St. Paul Business Journal’s CFO of the Year Awards.

Accounting for good
Beth Franklin crunches numbers with a special purpose in mind: helping low-income Minnesotans put money back into their pockets.

The 2012 legislative preview
Federal conformity, the tax on professional services, and tort reform. These are just a few of the topics on the MNCPA’s radar for the year ahead.

MNCPA tax survey reveals most common mistakes and more
What’s the most common mistake made on individual tax returns? How about on business returns? Read what participants in the MNCPA’s recent survey said in response to these and other questions.