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As Immunotherapy Revolutionizes the Cancer Treatment...
Wall Street Decline Takes Its Toll...
Developers of DTC Genetic Testing Are...
Expanding Use of NGS Has Largely...
Virbac Animal Health acquired worldwide rights to develop NovaBay Pharmaceutical's compound auriclosene (NVC-422) for global veterinary markets by exercising an option under a year-old agreement, the companies said today.
Under their Feasibility and Option Agreement, Virbac will pay NovaBay an option exercise fee as well as development and precommercial milestone payments, all undisclosed. NovaBay also said it expects to receive royalties on the sale of any commercial products in the "companion animal" or pet care field.
Virbac said it opted to develop auriclosene following "extensive testing" for veterinary uses during the agreement's 12-month option period.
"This agreement with Virbac is an important part of our strategy of exploring the uses of auriclosene for a variety of indications, including veterinary medicine," Ron Najafi, Ph.D., NovaBay's chairman and CEO, said in a statement.
As of April 17, NovaBay was recruiting patients for the Phase IIb "BAYnovation™" (NCT01532336) study of an eyedrop formulation of auriclosene, designed to evaluate its clinical and microbiological efficacy and safety for adenoviral conjunctivitis compared to a placebo comparator.
NovaBay was also recruiting patients for a separate Phase II study (NCT01243125) evaluating auriclosene's ability compared with sterile saline irrigation solution to prevent the growth of urinary pathogens, including Proteus and others, resulting in biofilm formation and encrustation leading to blockage. The company reported positive data from an earlier part of an ongoing Phase II study, and is evaluating the effect of an alternate more potent formulation of auriclosene. Results are expected mid-year.
Separately, NovaBay has teamed up with Galderma to develop a formulation of auriclosene for the treatment of highly contagious skin infection, impetigo, which occurs most commonly in children. Enrollment has begun in a global Phase IIb clinical study, with results expected in the second half of this year.
Auriclosene is the first of NovaBay's Aganocide® compounds that U.S.-owned NovaBay agreed to develop with French-owned Virbac. Under their original agreement, inked in March 2012, NovaBay will receive an up-front payment plus additional support for R&D. At the time, NovaBay expressed its interested in testing auriclosene in ophthalmology, dermatology, and urology.
NovaBay focuses on developing global, topical anti-infective treatments through its two compound categories—Aganocides, and NeutroPhase® Skin and Wound Cleanser. The company's four core business units—DermaBay, UroBay, EyeBay, and MediBay—are developing treatments for infections in dermatology, urology, ophthalmology, and wound care, respectively.
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Contact us 24/7: +1 877 678 9627
Burberry Prorsum
Wool and cashmere-blend wrap
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Burberry Prorsum
Wool and cashmere-blend wrap
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- - One size, comfortably fits a UK size 8-12
- - This item's measurements are:
- Length 138cm
- Width 127cm
Burberry Prorsum's Fall '14 collection defines this season's blanket coverup trend. The brand's wrap has been crafted in Scotland from sumptuously soft wool and cashmere-blend and is patterned with an artistic thistle motif. Inspired by traditional equestrian styles, it's designed to be draped asymmetrically over your shoulder.
Shown here with: Burberry Prorsum Coat, Bottega Veneta Sweater, J Brand Pants, Gianvito Rossi Boots, Nina Ricci Shoulder bag, Kenneth Jay Lane Cuff.
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Normally, I wouldn't crosspost something here and at Slashfood, but I am so enamored of some of the dips that I have done for the Super Bowl Dip of the Day feature that I couldn't resist getting them out where they can be seen (and hopefully enjoyed!) by the maximum possible number of people. This is a twist on guacamole. Ordinarily, I use a bit ... Read More »
Category Archives: Recipes
Chai Latte Muffins
I usually have a small jar of pumpkin pie spice sitting around. It's easy to make, but in the morning it is very convenient to have some ready to go when I want to spice up my oatmeal on a chilly morning. A few weeks ago, I picked up a jar at Trader Joe's and was very surprised to discover that it tasted nothing like ... Read More »
Pecan Chocolate Chip Banana Bread
The only problem that I have with loaf cakes/breads is in choosing the pan size. I tend to prefer using my 8×4 inch pan because I like the higher rise, but the 9×5 inch size is slightly more common and I often feel pressured to write my recipes for that particular pan. Pressure or no, however, I usually just go ahead and use the pan ... Read More »
Bailey's Cheesecake Bars with Chocolate Crust
When I got a bottle of the new Bailey's with a hint of Caramel Irish Cream Liqueur, I knew that I wanted to bake something with it even before I tasted it. I had two reasons for this. First, I don't often have a full bottle of Bailey's sitting around, so it seemed to provide ample resources for creativity. Second, while I like the taste ... Read More »
Peanut Butter Chocolate Brownies
Remember when I pointed out a few weeks ago that cashew butter could be used to make extra-chewy cookies? It turns out that the very same property carries over to brownies, although this time I used peanut butter instead of cashew butter for something a little bit different. Besides – who doesn't like the combination of peanut butter and chocolate? It wouldn't be such a ... Read More »
Double Chocolate Peppermint Chip Cake
Over the holidays, I found myself with the need to make a dessert for some guests – surprise, surprise, right? I somehow got it into my head that a bundt cake would look good, not to mention that since these guests happened to be family members, I didn't feel the need to go over-the-top and made an especially elaborate dessert. I wanted something that would ... Read More »
The Cheeseboard's Currant Scones
It's not really possible to eat low fat all the time, not without missing out on something really tasty every once in a while, so even if your New Year's resolution is to eat healthier, just keep in mind that eating healthier doesn't have to mean excluding everything that could be described as "decadent." It just means eating less of those items. Really good scones ... Read More »
Margarita Cupcakes
Chocolate and vanilla are classics for a reason, but that doesn't mean that you can't think outside of the box a bit when it comes to cupcakes. And I'm not refering to boxed cake mixes here. I'm talking about using more unusualy flavors, like Cupcake Bakeshop does, to really let cupcakes shine, not just act as pacifiers when we're in the mood for a little ... Read More »


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Border Patrol arrests two wanted men
Border Patrol agents arrested two wanted men during patrol, according to a news release.
Agents at the Kingsville station arrested a Guatemalan man near Rivera on Monday on a warrant from Alabama on two counts of rape in the second degree and one count of second degree sodomy.
The man was turned over to the Kenedy County Sheriff's Office pending extradition.
A Mexican man who escaped from a prison in Nuevo Laredo, Mexico, was arrested by agents near Hidalgo the same day.


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Dan Daviesstraat 7, 1459 Business Consulting
- Evaluations of Gun City:
692 times viewed 2106 times listed
Welcome to PayGun! We are here for the persecuted gun purchaser and seller. PayGun is a Pro-Gun Company whose founder Mike Blank, one of the main forces behind the ... more
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Gun Owners of South Africa (GOSA) affirms the rights of all people within South Africa to own and bear arms. more
Our Stun Gun division was born from a need for South African's to defend themselves, as government was making it harder and harder for law abiding citizens to do just that more
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Find clips and magazines for rifles, pistols, shotguns, all at gun show prices. I specialize in pre ban and high capacity mags. more
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Dave Sheer Guns 95 Cnr of Forest and Louis Botha Road Orange Grove 368 Johannesburg 011 440 0345 www.davesheer.com Southern Arms 70 - 5th Street more
Signal Hill is a prominent landmark from which the historic noon gun is fired, and forms the "lion's body" for the adjacent Lion's Head mountaintop. more
Thunder Gun Steakhouse, Blackheath. This cowboy-themed steakhouse is just what the doctor ordered for those meaty cravings. The Thunder Gun has been open since 1968 ... more
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The Competition Commission's orders against construction firms over graft has raised the ire of local governments, who are demanding their money back. Soccer City ... more
Welcome to the South African Practical Shooting Association (SAPSA) Web Site. The Biggest Sponsor of Practical Shooting in South Africa. more
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Paintball City offers Paintball in East Rand, South Africa more


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WARRENVILLE, Ill. — Continuing demand for IC Bus University classes has led the school bus manufacturer to schedule an additional session of the maintenance training program for the week of Aug. 16.
Technicians who are interested in attending should contact their local IC Bus dealer for registration information.
In related news, 54 school bus technicians attended an IC Bus University session held last week at IC Bus' Tulsa, Okla., bus plant. Attendees underwent 43 hours of training that included instruction on bus electrical systems, engines and maintenance. Additional training was provided by Allison Transmission, Specialty Manufacturing, Ricon Corp., The Braun Corp., Meritor Wabco, Koroseal Flooring Systems and AkzoNobel.
Attendees were also provided with an in-depth plant tour for body and chassis construction.
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These techniques are all dependent on having a clean car to start, Pietro said, meaning those with odors that just won't go away will need to deal with those problems before moving forward.
Smelly car? Do something about it
Posted: 11:04 AM EDT Oct 29, 2013 Updated: 3:25 PM EDT May 11, 2016
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Originally Posted by Jfor
And we wondered what happened to the VX nervegas that caused that base in Utah to be locked down.
Forum Rules
Someone has to come up with the basic concept before others can make it work. Although I'm not a rocket scientist, there are still a lot of atmospheric and light-speed kinds of issues that we are...
Well, if you ever want to know what a leftist of guilty of, listen to his/her accusations...
Hell why not? Dems have gotten their way on mods for two elections. Let them know what it feels like for
Congress will override the veto this week, I predict. The first time President Diaper has ever been overridden.
He and clintobama can't be against Saudi-reparations to dead Americans' families,...


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Robert Young
Jump to
An affable, forthright lead with prototypical "average guy" good looks, Robert Young entered films in 1931 and for 25 years embodied the easygoing but eminently sensible US male. Headlining many programmers and medium-sized "A" productions, he made films in every genre, and was often cast as an agreeable consort to more dominant star actresses. Like the star whose career and image most parallels his, Fred MacMurray, Young moved smoothly in middle age to TV, producing and starring in the landmark family sitcom, "Father Knows Best" (CBS and NBC, 1954-1960). It was only one step from paternal ideal to the avuncular, and Young later enjoyed another popular series with the similarly soothing medical drama, "Marcus Welby, M.D." (ABC, 1969-1976). Not as big in films as MacMurray, Young was never as edgy or whimsical as James Stewart, or as earnest and striving as Henry Fonda. His TV success was greater than that of any other Golden Era Hollywood Everyman, though, because, regardless of his real talent as an actor, he was relaxed and unthreatening.


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Ugandans drum alarms to rescue abducted children
BUIKWE, Uganda -- When a child goes missing in this central Ugandan district, villagers beat drums into a pulsing rhythm that sends rescuers scampering through bushes. Others, riding motorcycles, try to block exit routes.
In response to the kidnappings and ritual killings of children here, the traumatized community has created a rudimentary but effective abduction alert system that has saved at least two children so far this year.
The widespread fear of murder is why civic groups believe this fishing community on the shores of Lake Victoria can be mobilized for change.
Eight children have been abducted and ritualistically killed in Buikwe this year.
Across Uganda at least 729 children were abducted in 2013, according to Ugandan police.
The village alert system is the best model to stop the abduction of children.


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Cops: 10-year-old
goes on joy ride
* Market Street near 62nd
A 10-year-old boy allegedly got behind the wheel of a truck in West Philadelphia Sunday afternoon and struck several parked cars.
Shortly before 1 p.m., a man left his 2001 Ford truck unattended while he unloaded furniture on Market Street near 62nd, police said. The boy allegedly took the keys to the truck, which were left in the rear door of the vehicle, and got behind the wheel and drove.


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The American Road Thunderbird Club (TARTC) was founded as chapter five of the Classic Thunderbird Club International (CTCI). Our mission is simple; we preserve and enjoy vintage Thunderbirds. This page is to link our membership to the Internet, and to connect other like-minded people to the resources of this very active club.
While we are a vintage car group, having a vintage vehicle (25+ years old) is not a prerequisite to joining our club. In fact, owning a T-Bird is not even required to join or participate in our club, you only need to have a love for the cars! Membership is open to all owners and admirers of these vehicles. The TARTC currently maintains a membership of over 300 people. Our club is primarily social in nature, sponsoring many exciting events each year and we publish a newsletter. The TARTC Newletter is published every month. You may belong to both TARTC and CTCI, but each has its own dues.
Our new membership application form is available as a PDF Document. Click here.
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Our club produces an award winning monthly newsletter called the Little Bird Talk. It includes announcements of upcoming events, pictures from past events, technical tips and items of interest about our membership.
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Los Angeles subway dig finds prehistoric artifacts
LOS ANGELES -- Scientists have long known that long before hipsters and tourists were crowding Los Angeles' trendy Miracle Mile district, dinosaurs were doing the same.
Now, they're finding that sea lions may have been swimming nearby as well.
An exploratory subway shaft dug just down the street from the Los Angeles County Museum of Art has uncovered a treasure trove of other prehistoric artifacts in the land where dinosaurs once roamed, the Los Angeles Times reported Saturday.
They include mollusks, asphalt-saturated sand dollars and possibly the mouth of a sea lion dating to 2 million years ago, a time when the Pacific Ocean extended several miles farther inland than it does today.
"Here on the Miracle Mile is where the best record of life from the last great ice age in the world is found," said paleontologist Kim Scott.
The area also includes the La Brea Tar Pits. It was there that dinosaurs got stuck in oozing muck, which preserved their skeletons for millennia.


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12 Wildly Offensive Arabic Cartoons About Obama, Romney, And Israel
The Anti-Defamation League has compiled newspaper cartoons depicting what they describe as "the Arab media's demonization of the 2012 presidential election and the US-Israeli relationship."
Sept. 10 cartoon from Saudi Arabia's Al-Watan paper.
Oct. 10 cartoon from an Oman paper. The cartoon's headline: "American Presidential Debates."
Aug. 3 cartoon from Al-'Arab, a paper in Qatar. Written in Arabic: "Israel."
Aug. 1 cartoon from The Alghad, an Arabic daily national newspaper in Jordan. The cartoon's headline: "'Romeo' of the US Elections!"
Sept. 19 cartoon from Al-Watan, a newspaper in Qatar. Headline: "US Elections."
Aug. 1 cartoon from Al-'Arab. Written on the ballot box: "US Elections."
Aug. 3 cartoon from Tishrin, a Syria paper. The arms in the picture are labeled Obama and Romney.
July 12 cartoon from Tishrin. The cartoon's headline: "The US Elections".
Oct. 13 cartoon from Gulf News of the United Arab Emirates.
Sept. 25 cartoon from Al-IttihadAl-Ittihad of the United Arab Emirates. The cartoon's headline: "Romney."
Aug. 4 cartoon from Al-Ittihad. The cartoon's headline: "Election Campaigns…"
Aug. 2 cartoon from Al-Hayat. The cartoon's headline: "US Election Fever."
- Golf legend Arnold Palmer has died at 87. Known as "The King," his unusual style and charisma changed the game.
- Monday night's presidential debate may be the last hope for environmental activists who want climate in the national conversation.
- US officials have determined al-Qaeda likely influenced suspected New York City bomber Ahmad Khan Rahami.


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Do You Camouflage Exercise Gear?
Balance Ball Cover. We admit, it's kind of cute, and it's an interesting idea for those who don't want to keep a balance ball in their room because it's big and noticeable. We've seen people use sturdy ottomans and coffee tables as weight benches. Some use baskets to store their weights. And there's even this product called XFIT that is a exercise room in a modern-looking armoire. We've even seen something called a "Murphy Gym," like the concept of a Murphy bed, only with workout equipment instead. Clearly there are those who go to great lengths to disguise their workout equipment. Do you? If you've got exercise gear in your home, is it proudly on display? Kind of hidden in a corner? Or deftly disguised in plain view? We'd love to hear your ideas and tips! Images: 1. batiskafo kotur, 2. Gaiam's Balance Ball Cover, 3 & 4. XFIT


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To assist with flood clean-up and recovery. We recommend these products:
Dutch® Plus
When used as directed, Dutch® Plus is highly effective against a wide variety of pathogenic microorganisms including bacteria, antibiotic resistant bacteria, viruses, fungi, mold and mildew. This product is a one-step germicidal, disinfectant cleaner and deodorant designed for general cleaning and disinfecting hard, non-porous inanimate surfaces.
Sentinel®II is a one-step disinfectant that is effective against a broad spectrum of bacteria, is virucidal* (including HIV-1, HCV & HBV) and inhibits the growth of mold and mildew and their odors when used as directed. This product has been formulated to aid in the reduction of cross-contamination on treated surfaces, not only in hospitals, but also in schools, institutions and industry.
General Russel Honoré, LLC
Inquiries for Speaking Engagements, click here: firstname.lastname@example.com
LT. General Russel L. Honoré, US Army (Ret), was widely hailed by the media as the "Category 5 General" who led Task Force Katrina in the aftermath of the devastating hurricanes that struck the Gulf Coast in the summer of 2005. General Honoré is currently a Senior Scientist with The Gallup Organization, where he is working on developing questions to determine levels of preparedness, and a CNN Preparedness Contributor.
My Next Mission
After more than 37 years of uniformed service to the U.S. Army and our nation, I will spend the second half of my life committed to a new mission: Creating a "Culture of Preparedness'' in America. Every effort I take, whether it is this new Web site, public speaking/lectures, fund-raisers, or the books I have written or will write, will be committed to this cause.
Investigative Unit: Concerns raised over pump maintenance after floods
Dozens of homeowners who typically flood in a low lying area of Pointe Coupee Parish blame bad maintenance on a drainage pump, and a failure of their local government.
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The Category 5 General: Lt. Gen Russell Honore On Hurricanes, Katrina, and More
"Hurricane Katrina is the contemporary metric for hurricane disasters in the United States. It is at or near the top of many contemporary lists in terms of death or costs from a hurricane."
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Dr. Marshall Shepherd
Military speaker motivates audience to 'do the impossible'
"Now is the time in our generation where we will get tested," retired Lt. Gen. Russel L. Honoré said. "Do routine things well. Do not be afraid to do the impossible."
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Corpus Christi Caller Times
Gen. Russel L. Honoré joins us live
General Russel L. Honoré joined us live to give his thoughts on this morning's shooting of Baton Rouge law enforcement officials.
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Lt. Gen. Honore: Baton Rouge has been 'wounded bad'
Ret. Lt. Gen. Russel Honore joins MSNBC to comment on the situation in Baton Rouge and says we need to focus on what "unites us and not divides us." He talks about the healing that needs to begin in Baton Rouge.
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Ret. Army Lt. Gen. Honore: Democracy always defeats terrorism
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Widespread flooding in Midwest leaves path of devastation
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Commander of Katrina task force reflects on storm
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Lt. Gen. Russel Honoré: 'Disasters Create Opportunity'
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General Honore reflects on Hurricane Katrina
A decade after Katrina hit the gulf coast and decimated New Orleans, retired Lt Gen Russel Honore reflects on the chaos
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Lt. Gen. Russel Honore: New Orleans a 'magnificent story of resilience'
When the shear devastation of Hurricane Katrina was revealed following the levee breaks, the country called in the cavalry. At the helm was three-star Gen. Russel Honore.
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4WWLtv.com - August 21st, 2015
VIDEO: Hurricane Katrina Didn't Kill New Orleans—But It Almost Did
A new documentary shows how the city has changed in the decade since the storm—and also how it hasn't.
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The Nation - August 14th, 2015
Gen. Russel Honoré discusses guns in America
Army general who implored troops to 'put those damn weapons down' during Katrina has strong opinions on guns
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Al Jazeera America News - August 10th, 2015
Combat Marine Outdoors: Audio Clip of General Honoré
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New Orleans Magazine - August, 2015
Gen. Honore': America in denial about guns
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The News Star - July 27, 2015
Lt. General Russell Honoré - Since Katrina
Baton Rouge Christain Life, July 2015
Preparedness interview on Weatherchannel with Sam and Jim


text:
San Jose, CAUSA
March 24, 2008
No answer yet
My favorite games are word games but I like all kinds of games. I once had over 300 games until they were ruined by a leaky roof.
It's loads of fun!
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- Details
- Specs
- Reviews
- What's Included
Have you misplaced or broken the original adapter for one of your electronic devices, or maybe it is old or just no longer works? If your device requires 12-Volt DC regulated power rated at 1.2 Amps or under, you can replace it with this all-purpose adapter that fits most common electronic devices. The 2.1mm positive center barrel plug is a common size for typical electronics. The 12V DC 1.2A Regulated Power Supply comes with a six-foot power cord that can be plugged into any 110V/120V AC outlet.
Specifications Manufacturer Calrad Electronics Manufacturer Product No. 45-752 UPC 601520457529 Termination 2.1mm positive center barrel conenctor Voltage 110V/120V AC; 12 VDC Amperage 1.2 Amp (max) Cord Length 6 Foot Dimensions 3 1/16" W x 4 3/4" H x 2 3/16" D
1 Review
- Review of 78980 Review by GEORGE
Review of 78980
It works as advertised.
Posted on 5/6/2012
Leave a Review
- 1x - Calrad 45-752 12V DC 1.2A Regulated Switch Mode Power Supply


text:
Take an umbrella with you if you venture outside today. There will be showers and scattered thunderstorms, with a high of 81 degrees. Winds will be from the east-northeast at 10 to 15 mph. The chance of rain today is 60 percent.
There will be showers with the chance of some thunder this evening, then skies turning partly cloudy after midnight. Low 72 degrees, with winds from the east at 5 to 10 mph. The chance of rain tonight is also 60 percent.
Sunday is forecast to be partly cloudy, with a high of 82 and winds from the southeast at 10 to 15 mph. Sunday night will be partly cloudy, with a low of 74 and winds from the south at 10 to 15 mph.


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Wii U
JohnColtrane64 3 years ago#21
The new mario looks amazing and made me go for all those green stars in Galaxy2 (which, btw, is such a gorgeous and creative game).
Art, regarding mainstream, is going somewhere I feel afraid of, very cheap and souless. Nintendo still thrives for creativity and passion and you can see that in Iwata's eyes when he speaks about Nintendo. I want my children to play these games, not GTA and CoD.
Long live Nintendo
GuyFawkes5 posted...
FenderMaster posted...New power ups/same function
I won't buy it. I'll play it on super dolphin 3 years from now when Nintendo inevitably unceremoniously exits the hardware industry.
It's cool and all. Nintendo's gonna keep doing their thing. I really hate when people start saying mature games are for kids that want to be hardcore. God forgive I like a game with a good narrative like GTA, or exciting storylines like the Infinity Ward COD games. The first COD has one of my fav levels in gaming, the Stalingrad battle. It reminds me of the movie "Behind Enemy Gates". Games like GTA and Payday reminds me of Tarantino movies and Michael Mann films. We don't all play those games because they're "dudebro" games or murder simulators.
It' like, I'm a fan of movies like The Incredibles, but I also enjoy Pulp Fiction. I can't imagine watching PG movies exclusively. Nintendo also doesn't have to start making mature games, they can keep doing what they're doing. But I would like to see their take on a game with more narrative, something that isn't Zelda or Metroid (I'm not trashing them. I feel I gotta be careful wording things on Nintendo forums).
Rasputin77 3 years ago#24
You have to be creative to successfully rehash as much as Nintendo does; there's no shame in that.
The irony of GameFAQs -- http://postimg.org/image/a2yrtprql/
linksrus8 posted...
Seeing the latest trailer of Super Mario 3D World definitely shows they still got what it takes...their creative well hasn't dried up. I was one of the those that thought it was "meh" at first but now it is my most wanted game for the holiday season. It reminds me of their galaxy games which were some of their most creative highs.
3D World is creative compared to NSMB, but compared to MIYAMOTO's Mario games, its still yet another safe Mario sequel.
I dont see much thats new in it. Theyre lack of innovation these days is very troubling to me because that was the one area I thought they couldnt fail it, and now these Mario games lack the charm they used to have and just feel like they were banged out by a bunch of skilled robot design school students, but not by a true artist and visionary like Miyamoto.
Nintendo badly missing that now since he's role has been greatly reduced. So now they are in safe sequel mode and even though compared to the dull NSMB games its more creative than those, but I dont see something thats super exciting to me here. Ill get it and play it, but not overly excited for it because I still saw the same damn world themes in the trailer, same graphic style. Same everything basically.
WiiU | CygnusZero ///// 3DS | 1504-5688-7256
PS3 | CygnusZero
JohnColtrane64 3 years ago#26
trenken posted...
linksrus8 posted...Seeing the latest trailer of Super Mario 3D World definitely shows they still got what it takes...their creative well hasn't dried up. I was one of the those that thought it was "meh" at first but now it is my most wanted game for the holiday season. It reminds me of their galaxy games which were some of their most creative highs.
I disagree. I see them always trying to find innovative ways of gameplay, while maintaning the same background and graphic set up. That's why they care not for graphics because what is important is gameplay, whether you like it or not.
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For nearly 129 years, the accounting profession has preserved an esteemed reputation through a commitment to protecting the public interest and upholding the profession's core values of competence, integrity and objectivity. Each and every day, CPAs live those values through the work they do for their organizations, employers and clients. You now have a new opportunity to further strengthen our profession and play an integral part in its vitality for the future.
On March 24, the AICPA governing Council voted to proceed with a member ballot on a proposal that would enhance our profession and position us for continued success far into the future. The proposal already has strong support: 52 state CPA societies; leaders from many CPA firms of all sizes; finance leaders from businesses and organizations worldwide; and the AICPA's Business & Industry Executive Committee, Private Companies Practice Section Executive Committee, Government Performance and Accountability Committee, Women's Initiatives Executive Committee, Pre-certification Education Executive Committee, and National Accreditation Commission. We urge you to vote "yes" as well.
Keep profession relevant and strong
Specifically, the Institute is asking members to support a proposal to create a new association with The Chartered Institute of Management Accountants (CIMA) representing the entire accounting profession, while preserving our respective membership organizations. This is an incredible opportunity to build on the strength of our profession today to ensure its continued relevance amid rapid technological change, demographic shifts and regulatory complexity, domestically and around the world.
Overall, the proposal fits within a broad portfolio of activities to promote and grow the CPA profession for both public and management accounting. Through the new association, AICPA members would gain access to enhanced resources, insights and educational opportunities to better serve their clients and organizations. By representing 600,000 accounting professionals in 91% of the world's countries, the new association also would provide a broader platform for our advocacy efforts, including an enhanced voice to defend against onerous, unnecessary regulations increasingly originating overseas that could potentially be considered for the US market. Membership in the new association would be automatic for AICPA members and be included as part of their AICPA dues. Members also would retain existing membership benefits.
Vote on member ballot by June 16
Now through June 16, members have an opportunity to vote on the ballot. Last week, AICPA members eligible to vote should have received their personal and confidential electronic ballot information from an independent third-party voting administrator under the name of "AICPA Independent Tabulator." For more information about the proposal and to hear perspectives from your peers, visit www.aicpa.org/horizons.
Thank you in advance for demonstrating your commitment to the profession and voting on this important proposal. We hope you will join us and vote "yes" to advance the profession for the future.
Timothy L. Christen, CPA, CGMA, Chairman, Board of Directors, American Institute of CPAs.
Barry C. Melancon, CPA, CGMA, President and CEO, American Institute of CPAs.
Every member of the AICPA plays a role in shaping the accounting profession.
The CPA's reputation and profession's success rely upon the actions each and every one of us takes every day. Our collective contributions can be seen in many forms. We collaborate to address the evolving needs of our clients and organizations, and to maintain the relevance of the services we provide. Through peer review, standard setting and other activities, we all contribute to helping firms maintain quality in an increasingly complex environment. And in the corporate environment, we work to embed our core values of quality, competency and integrity to improve management accounting which, in turn, enables stronger audits and financial reporting.
Now, there's a new opportunity for us to play our part in the profession's vitality for the future. Last week, the AICPA governing Council voted to proceed with a member ballot on a proposal that would enhance our profession across public and management accounting. Specifically, the Institute will be asking members to support a proposal to create a new association with The Chartered Institute of Management Accountants representing the entire accounting profession, while preserving our respective membership bodies. It will enhance advocacy and expand member resources and education opportunities.I believe wholeheartedly that this is the right move for the future. The proposal fits within a broad portfolio of activities to promote, protect and grow the profession. These initiatives include programs to strengthen the CPA culture on campuses, promote the value of CPAs as trusted business advisers, enhance audit quality, transform the audit for the future, help firms identify and remedy issues during A&A engagements, evolve the Uniform CPA Exam, attract the next generation of talent, and meet the information and educational needs of members. The proposal will accelerate and elevate our efforts.
Already, there is broad support: 51 state CPA societies; leaders from many small, medium and large CPA firms; and finance leaders from numerous businesses and organizations worldwide. It's easy to see why. AICPA members would not only gain access to enhanced resources, insights and educational opportunities to better serve their clients and organizations, they would also benefit from broader advocacy. The AICPA has celebrated numerous successes in our efforts to speak out on members' behalf, and this proposal would give us an even stronger voice. The new association would represent 600,000 current and next-generation accounting professionals in 91% of the world's countries. With that scope, we would be better able to monitor and influence regulations abroad that may serve as a model for the U.S., providing a strong defense against onerous and unnecessary ones that are not in the public interest.
Voting, which will take place online, will begin after busy season. You will receive your personal and confidential electronic ballot information the week of April 18 from an independent third-party voting administrator under the name of "AICPA Independent Tabulator." In the meantime, I urge you to visit www.aicpa.org/horizons for more information.
Our profession is revered because each of us has played a role in building the public's trust in and perception of CPAs. Let's join together to shape a future that upholds what we have and paves the way for new opportunities we may not yet have even imagined.
Timothy L. Christen, CPA, CGMA, Chairman of the AICPA Board of Directors
I'm honored and excited to be taking on the role of chairman of the AICPA Board of Directors at such a pivotal time in our profession's evolution. Although today we enjoy tremendous success and respect, we must acknowledge that transformative changes in the business environment pose many potential risks to our relevance. We work in an evolving marketplace, one that's defined by new technologies, complexity, specialization, a changing workforce, globalization and other mega trends. We know that just because something worked in the past doesn't mean it will continue to work in the future. Now it's incumbent on us to forge solutions that will preserve our relevance going forward.
Fortunately, CPAs are starting from a position of strength. Let me share my own story with you.
Like many AICPA members, I'm a first generation professional. I grew up in the small farming town of Belmont, Wisconsin, about 65 miles from Madison. I've spent my entire career with Baker Tilly Virchow Krause, except for a two-year stint when I worked as a management accountant for one of our firm's clients, an automobile dealership. The owner taught me something that's critical to our profession: a sense of urgency. Emil's dealerships measured productivity every day and frequently asked customers for candid feedback. I thought these were brilliant ideas and put them to work when I returned to Virchow Krause. We began questioning the established rules and implementing the lessons of urgency and action. We measured revenue in real time and solicited immediate feedback from our employees and clients. Our sense of urgency helped us grow from a small Wisconsin firm to the 13th largest firm in America. We didn't wait for the marketplace to determine our future for us.
I think that's a good approach for our profession, as well. To sustain our vital role, we must always be moving toward the next opportunity, the next change, the next marketplace need. We have to recognize that "business as usual" won't cut it. During my time as chairman, I plan to focus on four steps we can take to shape the future and maintain our relevance.
Modernize our services. People didn't know they needed a new kind of portable music player or a tablet until the iPod and iPad were introduced. Likewise, our profession can be one step ahead with services people may not even know they need. For example, CPAs assuring that a business is meeting non-financial performance objectives. The need for non-financial assurance is all around us. We have the opportunity to identify emerging opportunities, craft effective solutions and serve as informed experts leading the way.
Increase our speed to market. The pace of business demands that we keep up or be left behind. As a result, we need to be faster in the delivery of our services and quicker in adapting to change. That's why the AICPA has devoted so much energy toward services and initiatives that many of us could never have imagined when we got started in this profession. Services like cybersecurity, data standardization and analytics, Integrated Reporting and sustainability. Also, initiatives like the CGMA designation and the Future of Learning. Each of these examples addresses a critical market need, and our profession is stronger today because we are proactively addressing them.
Increase collaboration with others. Today CPAs and clients or employers and other stakeholders work together in a complex and fluid business ecosystem. Firms have become conveners of relevant talent, assembling the most accomplished teams from a range of disciplines. Never has the profession's body of knowledge been greater, and the need for collaboration and specialization more critical. We can excel in this environment by studying business trends, adjusting our perspectives and developing new guidance and training that are available to all who need them. The onus is on our profession to develop the mindset and capabilities to get ahead of challenges and collaborate in more timely and meaningful ways.
Create a great environment in which to work. One of our critical goals is to develop the professional environment of choice for the most trusted advisers of the 21st century. Team members today expect their work experience to deliver more than a paycheck – they want a developmental opportunity that is inspiring, inclusive and respectful of their need for work/life integration. In attracting and retaining talent, we can stand out by committing to the entire person – recognizing that they have interests and passions that go beyond what we see during the workday – and creating a magnetic environment that makes them feel they've found the place where they belong.
Albert Einstein once said, "The measure of intelligence is the ability to change." Let's work together to become the change agents who will take the necessary steps to keep our profession on the path of progress. Our profession has the talent – we must take the initiative to step up and lead.
It's an exciting challenge, and one that I'm enthusiastic to take on with your help. I look forward to meeting many of you throughout the coming year, hearing your thoughts about our future and working with you to ensure that future generations of CPAs will enjoy a profession that's just as strong as the one that we inherited.
Tim Christen, CPA, CGMA, Chairman of the Board of Directors, American Institute of CPAs
It seems like only a short time ago that I was beginning a very exciting year as AICPA Chair of the Board of Directors. I'm amazed at how quickly time has passed, and at how much has occurred in the business world during the past 12 months.
My year began with an unforgettable visit to Rome for the World Congress of Accountants (WCOA) last November. The Imperial Sponsor of the event was the Chartered Global Management Accountant (CGMA) designation, a joint effort of the AICPA and the Chartered Institute of Management Accountants (CIMA). WCOA gave me an opportunity to represent the profession, position the AICPA as a global thought leader, and discuss accounting issues with leaders from around the world. The pasta was pretty good, too.As I spoke to my counterparts from other accounting organizations, I realized just how similar our challenges were – technological disruption, increased regulation, and pipeline shortages, just to name a few. The accounting profession, whether in the U.S., Rome, Sydney, London or anywhere else, faces some significant changes and everyone is trying to identify the magic bullet. We're all trying to maintain relevance in a transformative time.
Unfortunately, there is no cure-all, but I believe the AICPA is taking the right approach to dealing with rapid change. You can't solve complex, evolving problems with a single action because the problems evolve from one moment to the next - by the time you solve the initial problem, the problem has changed or a new problem has emerged. The solution is to adopt a mentality of ongoing adjustment – a series of minor tweaks that keep you aligned with the needs of any given day. In fact, the AICPA's approach of monitoring the landscape and making regular adjustments reminds me of kiteboarding – my favorite sport. When I'm out on that kiteboard, maneuvering to catch the wind, I watch the waves and ask "where do I want to end up?" I know that if I am not vigilant, I'll travel a long distance in a direction I don't want to go. I want to control my direction. That's where our profession is today – charting a course to our destination and making sure we leverage the winds to position us for success.
As I think about charting our course, and reflect on my experiences from the past year, I know for certain that our profession has leveraged the winds of change and sits today in a position of strength. We're in that position because we've controlled our direction.
When I began this journey a year ago, I said the key to our profession's future was to focus on relevance, rigor and reach. As the year draws to a close, let me share just a bit of what is going on in each of these three areas.
Despite endless complexity, our profession is in a very good place. I think back to that very first trip – to the World Congress of Accountants. I was amazed to see firsthand how many different organizations around the world admire the profession's foothold in our country's economic fabric. If we want to maintain our firmly established reputation and influence, we must look boldly to the future and maintain our relevance, rigor and reach. If we remain stagnant, we will wake up one day and find others providing the services and advice the market has traditionally sought from us.
I've learned so much over the last year from my meetings with our wonderful members. Hearing your stories and seeing your commitment has me convinced that our profession's future success is in good hands. We are 412,000 strong and together we can accomplish great things.
Tommye E. Barie, CPA, Chair of the Board of Directors, American Institute of CPAs.
In my eight months as chair of the AICPA Board of Directors, I've done a lot of travel and gained perspective on the size of our country and our planet. But beyond that, I've learned how business is becoming much more interconnected and how CPAs fit into a broader business ecosystem made up of other professions, clients and stakeholders. A recent trip to the other side of the world showed me just how connected our profession really is and made me optimistic about its prospects for the future.
After traveling to the World Congress of Accountants in November and countless domestic trips since, I found myself back aboard an airplane in February for a whirlwind journey to Sydney, Australia and Auckland, New Zealand, for meetings with CPA Australia and the Chartered Accountants Australia/New Zealand, respectively.My goal in meeting with the management and leadership teams of these groups was to discuss issues our organizations are facing, identify those we have in common, share solutions and discuss ways we might be able to work together. After discussing the implications of technology, the future of learning and the imperative to enhance audit quality (like the U.S., Australia has programs and resources to help ensure the highest quality work), I came away more convinced than ever that we are part of connected profession with similar challenges and opportunities regardless of location.
Lee White, the CEO of CA Australia/New Zealand, has a background as a regulator. We shared common views on the importance of strong working relationships among stakeholders, even when the issues may be adversarial. It is critical that membership organizations and regulators work together in the public interest.
I also attended two lunches with roughly 50 women who hold leadership positions at various Australian and New Zealand firms and organizations and noted that a focus on gender equality also transcends borders.
I was amazed at the similarities between my own story and the stories of these women, a trend that I've seen wherever I go. From our career paths, to the role our mentors played in our development, to our goals and aspirations, the stories and issues are the same for women whether halfway around the world or right here in the US. Gender equality has come a long way, though there's still much work to be done. It wasn't that long ago when many firms did not permit women to travel out of town on business, especially if male counterparts were assigned to the same engagement. Meeting with these women leaders reminded me of how fortunate I am to have been part of a great wave of women who have advanced in accounting during the last three decades. This wave of talent continues today and is one of many forces driving change.
Alex Malley, CEO of CPA Australia, has a television show in Australia called The Bottom Line and has interviewed several interesting and influential women, including Helen Clark – the former Prime Minister of New Zealand. Alex and I discussed the importance of women having the confidence to step into leadership positions with certainty of purpose. This attitude has great influence and sends a positive message to young female professionals, regardless of their profession or position. Each time I meet with a group of women leaders, I impress upon them the importance of confidence and the benefits that come from stepping out of their comfort zone to take measured risks. The most successful professional – man or woman – even if on the right track will get run over if they don't keep moving forward. This message has resonated in every city and every country around the world.
By the end of my trip I realized just how similar the professional landscapes are between Australia and New Zealand and the landscape in the U.S. I was struck by the overwhelming notion that our profession is on the precipice of great opportunity and, more importantly, great change. My colleagues and I shared an understanding that our profession mirrors the constant and dramatic change occurring in business. We recognized that our profession must adapt, innovate and evolve to maintain its relevance and preserve our place in the modern business ecosystem. That's as true 10,000 miles away in Australia and New Zealand as it is here at home.
Yes, it is a small world, and CPAs have a big role to play in it. After my trip to Australia and New Zealand, I'm more convinced of that than ever.
Tommye E. Barie, CPA, Chair of the Board of Directors, American Institute of CPAs.
I am excited to write to you as the new chair of the AICPA Board of Directors. I hope to meet many of you at the numerous conferences, state society meetings and firm visits that I have lined up between now and next October. The Chair's Letter also is a great forum to discuss common experiences and important developments. Throughout the year, I will share my thoughts on key trends and emerging professional issues. I hope you'll share your comments with me and our fellow CPAs so we can have a robust dialogue.
Let me begin by telling you a little about myself. I grew up in the tiny town of West Liberty, Kentucky, home to about 2,000 people and two stoplights. I was raised on small-town values that remain with me today. These values – hard work, integrity, community and commitment – first attracted me to the accounting profession, and now they will shape my stewardship as AICPA Chair.
As a child, I was always drawn to sports and still enjoy them. During my free time you can usually find me riding the waves on my kiteboard. Kiteboarding is an exhilarating sport. To do it, you strap a small board to your feet and climb into a harness with a large kite. You then catch the wind in your kite and ride the waves while using your core to maintain balance. Kiteboarding is a great analogy for what we as a profession face every day. External forces are changing the landscape faster than ever, and we must use our core strength to ride that constantly changing wind. We must constantly reposition our profession to ensure the wind stays in our kite. Like the kite boarder, the accounting profession's success and adaptability are directly linked to the strength of our core. During the next year, I will focus on three factors that are critical to enhancing our profession's strong core: relevance, rigor and reach.
Here's what these factors mean and the steps the AICPA is taking to address each one:
Reach also means embracing today's global economy and the new service opportunities it brings. I've experienced this firsthand. One of my clients, a tech firm in Orlando, Fla., handles a variety of software used in numerous aspects of airline travel - from scanning bags to checking in at kiosks. Their reporting is rolled into the financial statements of their parent company in Germany, so we created a package that gets them from GAAP to IFRS. I never imagined my work would have such a significant global component. But that's the reality of business today. As business expands, and technology removes barriers, CPAs will need to work with broader groups of people in all parts of the world.
We also must be a profession that is as broad as the clients and employers we serve. And as we increase our reach, we must fight the urge to stay in the here and now. We must strengthen our core and control our direction – doing so allows us to leverage the winds and position ourselves for success. I look forward to taking this exciting ride with you.
Tommye E. Barie, CPA, Chair of the Board of Directors, American Institute of CPAs
I recently read an article on disruptive innovation that made me consider how much the accounting profession has changed over the years. The article talked about how well some very traditional lines of business are performing, including Swiss watches, independent bookstores and pricey fountain pens, even in our volatile times. These products have enjoyed prolonged success because the business people behind them have emphasized the products' unique and enduring value, something that the market recognizes even in the midst of continuous change. Swiss watches are seen as quality status products, independent bookstores have positioned themselves as personalized social destinations and fountain pens provide a classic writing experience with a smoother and more professional look than inexpensive and more readily available ballpoint pens.I see some definite parallels to our profession, which remains both respected and relevant after more than 127 years. Our profession's strength is a direct result of our unwavering commitment to core values and competencies, no matter what disruptions may be occurring throughout the business world. Companies, investors and other business stakeholders will always need the knowledgeable advice and perspective that CPAs offer. Today's needs, however, are both multifaceted and fluid. We have maintained our profession's continued relevance by constantly monitoring the marketplace and enhancing and expanding our abilities and services. Our strong foundation enables us to innovate and grow to meet evolving needs.
The article caught my eye because I'm preparing for the World Congress of Accountants 2014 and one of the many sessions circled on my agenda is titled "Businesses Thriving in Disruptive Times." This year's meeting will take place Nov. 10 to 13 in Rome. The World Congress of Accountants brings together thousands of accountants every four years, and the AICPA is excited to be taking a key role in this event. This year's theme is "2020 Vision: Learning from the Past, Building the Future." The CGMA designation, which is powered by AICPA and CIMA, is the Imperial Sponsor of this year's event. This sponsorship will showcase the U.S. CPA and CGMA designation on the world stage and help in our efforts to retain and promote the profession's strong reputation and relevance.
Our profession will have much to celebrate at WCOA, including an outstanding accomplishment by one of the AICPA's own. I believe one of the many keys to the profession's success is diversity and inclusion, and the AICPA has been active in that area for a long time. I'm particularly excited to share with you that during WCOA, former AICPA Chair Olivia Kirtley, CPA, CGMA, will become the first female president of the International Federation of Accountants. A respected business consultant, Olivia is no stranger to making history. In fact, she holds two very prestigious honors in AICPA history. In 1998, Olivia simultaneously became the first female AICPA Chair of the Board and the very first chair from business and industry. Please join me in congratulating Olivia on her tremendous achievement.
In addition to highlighting the profession's successes, WCOA offers accountants the chance to discuss the greatest challenges and opportunities facing us in a changing world and ensure our profession is ready for the next innovation, change or opportunity. Accountants from around the globe will gather to discuss ways to build a strong future in an increasingly global marketplace. Many of the sessions will speak to the very heart of what it means to be a CPA, and will touch upon core functions and services. Sessions will include "Enhancing Government Transparency," "Improving Performance and Value Through Integrated Thinking," "Digital Darwinism" and "Strengthening and Transforming the Accountancy Profession." I hope you'll consider attending or sending a representative to WCOA. I know that no matter how many disruptions we face, we can work together to find new ways to achieve success in disruptive times.
William E. Balhoff, CPA, CGMA, CFF, Chairman of the Board of Directors, American Institute of CPAs.
International meeting image via Shutterstock
Strong planning skills are a must for anyone who wants to be at the top of their field. CPAs have these skills in spades. Our fingerprints can be found on the successful business plans of companies throughout the country—from the mom and pop store down the street, to the Fortune 500 company with thousands of employees, and everything in between. Helping organizations chart their long-term future makes us indispensable threads in the fabric of the U.S. economy.
Why, then, do so many of us not engage in planning for the long-term future of our own firms?According to the 2013 Private Companies Practice Section CPA Firm Top Issues Survey, succession planning is among the top five concerns for four out of five firm sizes. The 2012 PCPS Succession Survey, however, shows that only 46% of multi-owner firms have a written succession plan in place. A mere 6% of sole practitioners have a Practice Continuation Agreement with another firm.
These numbers are concerning, and the consequences are real. As CPAs, we know it's easier (and wiser) to plan for tomorrow before tomorrow comes. In the absence of a formal succession plan, your firm's transition could lead to confusion and oversights, resulting in the loss of time, money and clients. Firms, and especially their clients, need new leaders and a clear plan to ensure uninterrupted delivery of critical services.
Fortunately, it's not too late. Consider these three aspects of succession planning, and help ensure your firm's longevity:
For many firms, tomorrow is coming faster than anticipated. The Succession Survey reveals that 63% of firms expect to have succession planning challenges in the next five years. With 10,000 Baby Boomers retiring every day, our profession is in the midst of an unprecedented changing of the guard. Firms must be proactive in identifying top talent to replace the veteran CPAs leaving the profession. It also pays to have a contingency plan. Succession planning is much easier when you have a pool of quality successors from which to choose. Develop a Plan B as well as a Plan C in case turnover claims one or more of your candidates.
Emerging partners and promising talent need training to hone the entrepreneurial spirit and communications and mentoring skills that are necessary to lead a firm. Some partners who plan to sell their firms choose not to invest in training, perhaps believing that they would be paying for skills whose value will ultimately be realized under a different partner's watch. Consider, however, that anyone interested in purchasing your firm is going to evaluate the quality of your staff. If your firm is short on people who are ready to lead, don't be surprised if you get a low offer or no offer at all.
Fortunately, there are plenty of opportunities to gain leadership exposure. The AICPA's Emerging Partner Training Forum is a two-day hands-on conference that will help young leaders develop their planning and leadership skills, while preparing them to assume new responsibilities. At my firm, we send staff to the E.D.G.E. Conference and Leadership Academy, and also offer internal skills training. Many state CPA societies offer their own leadership training programs as well.
The PCPS Succession Planning Resource Center helped my firm chart a tactical course that works for us. Ultimately, we saw improvement when we combined programs and tools with a strategic focus on leadership training. We incorporated this training into our culture by setting an expectation that leaders will mentor and develop other leaders. But first we had to acknowledge the importance of – and need for – a plan, particularly in light of today's complex and uncertain environment. I've never regretted that decision.
As CPAs, we all want to do the right thing for our clients, for our businesses and for ourselves. The effort you put into developing a succession plan will more than make up for itself when it comes time to hand over the reins. You've spent your career building and shaping your legacy. Isn't that worth protecting by empowering the people who can carry it forward?
William E. Balhoff, CPA, CGMA, CFF, Chairman of the Board of Directors, American Institute of CPAs.
It's hard to believe I'm roughly one quarter of the way into my term as Chairman of the AICPA Board of Directors. In that role, I travel around the country extensively, meeting many members as I attend conferences, participate in meetings and give presentations, often at state CPA societies. I'm always excited to talk about the issues and opportunities facing our profession. One area CPAs have been particularly eager to discuss is the concept of project management. And that was very interesting to me because I have long been a firm believer that strong project management skills are essential to getting your job done, growing your career and becoming an effective leader.Project management pervades our everyday personal and professional lives, from planning a family trip to executing an important assignment. Successful CPAs balance a variety of competencies beyond their essential technical knowledge, and project management allows them to put this array of skills to work and even branch out into new ones. In fact, the accounting and project management professions are natural partners, cut from the same cloth. Both consist of defined standards, which encompass the knowledge, tools and techniques used to perform or demonstrate their respective skills. Although the leading standards of project management have existed for quite some time, it's only recently that these standards and skills have come to be recognized as a central ingredient to success.
I can say from my own experience that after my firm utilized project management resources to expand our consulting practice, we recognized several critical opportunities that had previously gone undiscovered. Our firm's continued growth had created opportunities for improved human resource management and performance management processes and systems; opportunities we had been missing. By further leveraging project management standards, we were able to achieve a new vision in these two areas and move our firm forward. The process and systems delivered by these projects continue to be utilized today to achieve strong management and development of our talented professionals.
McKinsey & Co. shows that many other organizations are finding similar value. "Leading organizations across sectors and geographic borders have been steadily embracing project management as a way to control spending and improve project results."
Seeing project management at work first hand has led me to better appreciate that projects are not just about results, they're about the results our clients expect. The reality is that clients and employers ultimately care about outcomes, with less concern about the process that brings those results. CPAs and firms that adopt a project management approach, however, can position themselves as knowledgeable advisers who offer far more than compliance assistance and who deliver results that hit the mark and benefit clients and employers.
Project management requires us to pull back from the task in front of us and get a perspective on how each piece fits into a bigger picture, and to see that even that picture is part of a larger mosaic. What does it take to move to a more project management approach? Communications skills, of course, will be crucial for overseeing multifaceted undertakings. According to a PMI report, 75% percent of high-performing organizations—the ones that meet their project goals on time and within budget—"communicate project information with sufficient clarity and detail." Strong leadership abilities also will be necessary, as well as change management, negotiation and customer relationship management skills.
I also want to emphasize that a project management style is a great staff retention and development tool. Younger professionals are anxious to develop and demonstrate skills that will help them advance, and a stronger focus on teams working together on projects enables them to do so. It will also make for a more dynamic and interesting workplace, which will enhance firms' and employers' prospects in the increasingly competitive hiring market. Being involved in a multifaceted project allows CPAs to balance technical skills, including scheduling and risk and budget analysis, with other abilities, such as relationship building and public speaking.
Recognizing the opportunities that lie ahead, the AICPA is exploring how best to address CPAs' project management training needs. We are looking at numerous education options for CPAs; watch for more information on related resources in the near future. I believe, and it has been my experience, that a project management focus will enrich all that CPAs have to offer and enhance our reputations as trusted business advisers to entities of all sizes.
William E. Balhoff, CPA, CGMA, CFF, Chairman of the Board of Directors, American Institute of CPAs.
Project Management image via Shutterstock
I am honored to write to you in my first blog as the new AICPA Chairman of the Board of Directors. I truly look forward to being able to engage with you through these bimonthly posts. We have an exciting year ahead of us, a year which will focus on the quality of our work and the members of our profession.
As I begin my term as chairman, I have found myself reflecting upon my early days as a staff accountant. From the time I graduated college and began pursuing my career as a CPA, I have been surrounded by inspirational leaders who helped shape me into the man I am today. My firm, Postlethwaite & Netterville, is named after two such extraordinary role models, the late Mr. Alexander Postlethwaite (whom I never addressed by first name) and Jake Netterville, a former AICPA chairman. These great men taught me that quality service and passion are two key ingredients needed to achieve success.Many years ago, Mr. Postlethwaite gave me advice that still resonates with me today. He said growth stemmed from quality – fulfill on that pledge and good things will follow. As I take on this new role as chairman, I will take Mr. Postlethwaite's advice to heart. By focusing on high-level performance and talented people, we will continue building upon our profession's strong reputation.
Our profession's core values are embodied in several initiatives. Here are a few of them:
A one-stop A&A resource for smaller firms. Last month we launched the AICPA PCPS Center for Plain English Accounting, the AICPA's national A&A resource center for PCPS member firms. My firm has been a member of PCPS ever since it was formed and we always thought a service like this would be valuable. I am very proud to announce this new and exciting initiative that will help members manage today's complexities and ever-changing landscape so they can continue to serve as the nation's trusted advisers in accounting and auditing.
Private company financial reporting. Since I joined the profession more than 35 years ago, we have been discussing differential financial reporting for private companies. I am happy to see progress in this arena, in both the non-GAAP space with the AICPA's Financial Reporting Framework for Small- and Medium-Sized Entities, and within GAAP, where the Financial Accounting Foundation's Private Company Council is recommending modifications. Private companies far outnumber public companies, and the AICPA supports improving financial reporting for the businesses that are the cornerstone of our nation's economy.
The "next generation" of peer review. Peer review is a central component of our profession's self-regulation. To ensure we are constantly reaching the pinnacle of excellence, we are starting to explore a new practice-monitoring system that would use the latest technology to enable a continuous process for evaluating engagements. As a former member of the AICPA Peer Review Board, I am looking forward to seeing peer review evolve.Member input will be very important in this transformative process, so watch for more on this topic as the year progresses.
Broadening our talent pool to attract and retain the best and brightest. Increasing diversity in the profession was a top priority of my predecessor, Rich Caturano, CPA, CGMA. Rich led the effort to create the AICPA National Commission on Diversity and Inclusion, whose mission is to help the profession recruit, retain and advance the nation's brightest among underrepresented minorities. I, too, believe diversity and inclusion is key to better serving the evolving needs of clients, employers and our communities. We need to make sure we include the best minds and top skills for the profession's continued success going forward.
Several other significant initiatives are important to me this year because they demonstrate CPA quality and commitment to the public interest. They are a revision to the definition of attest under the Uniform Accountancy Act, movement in firm mobility, enhanced audit quality, continued success of the Chartered Global Management Accountant designation, legislative advocacy efforts and public service activities. Watch your AICPA information resources for developments on these topics.
Thank you. Let's keep in touch and take this journey together.
William E. Balhoff, CPA, CGMA, CFF, Chairman of the Board of Directors, American Institute of CPAs.


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OnHub from Google.
A better way to Wi-Fi.
OnHub from Google is a better, faster router. It's designed to handle the new demands we put on Wi-Fi, making it easier and faster to stream, download, and share. With simple setup and optimal design, OnHub improves connectivity for all your devices.
Speed. Simplicity. Smarts.
It's Wi-Fi powered by Google.
It's Wi-Fi powered by Google.
With two distinct models to choose from, you can find the OnHub option that's right for your home.
Manufactured by Asus
Wave Control
Subtle lighting on the base (single tri-color LED)
Manufactured by TP-LINK
Front-facing antenna
Ambient light ring on top (six tri-color LEDs)
Winning design in Computer Equipment
Google's OnHub sets a new standard in router design.
Product of the Year (2016)
Outstanding design quality.
OnHub wins gold
The best wireless networking my home has ever seen.
Coverage and throughput are shockingly good
Faster, more flexible connectivity.
OnHub delivers stronger Wi-Fi connections and faster speed for every device. That means smoother streaming, lag-free gaming, and lightning-quick downloads. Plus, it connects to more than 100 devices simultaneously and covers up to 2,500 square feet of your home.
Up to 13 antennas*
1900 Mbps max speed
Scans Wi-Fi channels every
5 Minutes
* Available in OnHub from TP-LINK; OnHub from Asus has 7 Wi-Fi antennas.
Boost device bandwidth
OnHub lets you prioritize which devices should get more bandwidth based on what you're doing. Uploading a huge file? Boost the speed with the press of a button — or a wave of your hand.
Find the fastest channel
OnHub automatically switches channels to maintain the best Wi-Fi signal strength and avoid congestion, without interrupting what you're doing. That gives you the fastest possible speed for your devices.
Ready to use,
right from the box.
right from the box.
With OnHub, setup is as simple as turning it on. Forget about complicated manuals or compatibility issues — OnHub is ready to operate with minimal installation.
Simple interface
The easy-to-use Google On App for Android and iOS helps you get online fast, manage all the devices on your network, and much more.
Quick support
Google On spots network or connection issues and helps you fix them. And if you need more support, Google is there with personalized help.
A self-improving system.
From the moment you activate it, OnHub automatically starts learning and improving itself so you'll always have optimal Wi-Fi performance. Plus, it stays current with the latest changes in device software or security, making it compatible with new devices.
Next-gen capable
OnHub can support the next generation of smart devices, thanks to built-in smart-home tech like Bluetooth Smart Ready, 802.15.4, and Weave.
Continuously improving
OnHub regularly updates its software with the newest features, so it never stops working well.
Enhanced security
OnHub's software includes advanced and always-evolving security features that update automatically to help protect your network, your data, and all your devices.
Minimalist design, maximum performance.
Sends Audio Pulses to Mobile Devices for Hassle-Free Setup
Dimmable, Multi-Color Light Ring
Congestion-Sensing Antenna
12 Antennas Inside the Shell
Specialized 2.4GHz Reflector
Minimalist design, maximum performance.
Sends Audio Pulses to Mobile Devices for Hassle-Free Setup
Dimmable, Multi-Color Light Ring
Congestion-Sensing Antenna
12 Antennas Inside the Shell
Specialized 2.4GHz Reflector
Limited-edition shells available for OnHub from TP-LINK.
Designed to be out in the open.
OnHub's sleek design means you'll never have to worry about bundled cords or blinking status lights again. With the TP-Link model, you can choose from several customized shells to fit your decor.
Limited-edition shells available for OnHub from TP-LINK.


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WASHINGTON - Federal regulators are investigating 27 mutual-fund companies that they say have siphoned hundreds of millions of dollars from investors by secretly taking kickbacks from contractors seeking to provide services to the fund companies, according to a newspaper report Thursday.
The Securities and Exchange Commission is examining the fund companies' arrangements with independent contractors, which are said to have paid the kickbacks in a quest to win contracts for services such as producing reports and prospectuses for the mutual funds, The Wall Street Journal reported.
The alleged kickbacks were paid under side agreements with the fund companies that were not disclosed to the funds' boards or investors, according to the report.
Under the side deals, the Journal said, the contractors charged mutual fund shareholder accounts for the services provided and agreed to return part of the money to the funds' managers - who used it to pay for marketing expenses. In return, the fund managers recommended that the firms providing the services have their contracts renewed.
© 2016. All Rights Reserved. | Contact Us


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PHOTOS: NASCAR Modifieds At Waterford
by NSSN Staff
Ryan Preece (16), Patrick Emerling (07) and Doug Coby during Saturday's NASCAR Whelen Modified Tour event at Waterford Speedbowl. (Dick Ayers Photo)
Posted by NSSN Staff on Jun 25 2014 Filed under Latest Headlines, Media Gallery, NASCAR, Photos, Touring Series. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.


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British Beans on Toast
Total Time
Prep 1 min
Cook 2 mins
Great snack to munch on while watching your favorite British programs. Drink with Strongbow cider ;-) Tip: DO NOT USE AMERICAN Pork & Beans, Boston Baked Beans or "Bush's Beans" etc... ONLY Heinz or Batchelor's brand please, otherwise it might be gross. Don't worry; most American grocery stores sell HEINZ and BATCHELOR'S, in the International/European/English/Irish aisle. I've been all over the US and found them in Safeway, Kroger, Stop & Shop, etc. I've never not been able to find one of those two brands in the USA.
Ingredients Nutrition
- 2 slices bread (white is traditional, but I use low-carb rye)
- 1 (220 g) canof heinz baked beans in tomato sauce (both products come in a blue can, DO NOT USE AMERICAN Pork & Beans or "Bush's Beans" etc. ONLY Heinz)
- Worcestershire sauce
- Toast bread.
- In a saucepan, heat up the beans.
- Spoon onto toast and top with Worcestershire sauce. (You could use Parmesan cheese too).
Most Helpful
I just tried this for the first time and I see why it's a hit. I'd been hunting for high protein breakfasts that are non-meat/non-dairy, thinking beans or lentils, and figured I'd better try it as my wife is of English ancestry. Thank you to the other reviewers! -- I can't wait to eat it again, maybe with some HP sauce.
Yay :) my favourite uni meal! Also nice with curry powder added to the beans!
Thank YOU for posting an honest-to-goodness "regular" recipe for Beans on Toast...the offiicial food of college students and hangover sufferers! LOL I've been eating this for years, just as you posted it and Heinz Baked Beans from the U.K. are the ONLY way to make it! As a twist, when we're really ravenous is to toast the bread and butter it, make the beans, and add a slice of good English Cheddar on top of the toast before dumping on the beans. Even when I have a pocketful of money, sometimes you just need the simplest and cheapest of comfort foods to make the day feel better!


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Features of This Trackfunk influences
R'n'B influences
a mid-tempo dance style
trombone head
an alto sax solo
electric bass playing
organ accompaniment
electric guitar accompaniment
minor tonality
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It's really not too soon to think Peck outdoor music season
There's a change in the lineup for the 2013 Live @ Peck Pavilion series. The Marcus Center's outdoor concerts kick off in July but will now feature The Spirit Family Reunion on August 20.
Visitors will also want to take note of the newly updated grounds during the Tuesday night performance series. Shows begin at 7:30 p.m. and the season runs July 23 through August 27. »Read Full Article
Orlando Consort offers pristine a cappella vocal concert
Four unassuming British men, each carrying a folder of music, made centuries disappear at St. Paul's Episcopal Church on Saturday evening.
The men, known as the 25-year old Orlando Consort, sang a program of pristine a cappella vocal music from the 14th, 15th and 16th centuries. »Read Full Article
Dropping water table causes the Milwaukee Rep to sink, repairs needed
Sitting on a table in an office at the Milwaukee Repertory Theater, the weathered and rotted stump looks like a prop for a scene at a wharf or aboard a seafaring vessel.
The damaged stump, believed to be tamarack, was yanked out of a hole deep in the bowels of the Patty & Jay Baker Theater Complex, adjacent to the Milwaukee River and home to the Quadracci Powerhouse Theater, Stiemke Theater and the Stackner Cabaret. »Read Full Article(37)
Windfall Theatre cast gets a bit lost in 'Petrified Forest'
In the late 1930s, Robert E. Sherwood owned the American stage, winning Pulitzer Prizes for three plays. Opening on Broadway in 1935, and featuring an actor named Humphrey Bogart, "The Petrified Forest" isn't among them. But it's the Sherwood play that's best remembered today, thanks to Bogart's ensuing appearance in the 1936 film with Leslie Howard and Bette Davis.
Windfall Theatre artistic director Carol Zippel is convinced Sherwood's "Forest" can still take root, and she's stating her case in a Windfall production that opened Friday night under her direction. »Read Full Article
Romance, love for stolen Stradivarius in the air at MSO Pops
An evening of love-themed tunes and the return of the famously stolen Lipinski Stradivarius violin to the Milwaukee Symphony Orchestra stage made for a big Valentine's Day performance at the MSO Pops Friday night.
A large contingent from the Milwaukee Police Department was in attendance, as guests of the orchestra. They were acknowledged from the stage at the top of the concert, receiving a hearty round of applause from the audience and the orchestra for making arrests in the case and for recovering the 300-year-old violin. »Read Full Article
Kitchen transition is complete at Wolf Peach, where Ersel is now chef
Photo courtesy of Wolf Peach »Read Full Blog Post
Edible Book Festival; 'Stride & Glide' run/walk; auto show all this week
"Of Rice and Men"
The Edible Book Festival at the Whitefish Bay Library, 5420 N. Marlborough Drive, will be a buffet of literary allusions from puns on titles and reproductions of book covers to plummy portraits of prominent poets. The public is invited to help judge contest entries Wednesday from 6 to 7:30 p.m. Cupcakes will help fend off these hunger games. »Read Full Article


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Maison Perrier
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Historical Traveler Reviews Healing Stone Retreat & Spa Hermann
Wonderful place to stay
i stayed at maison perrier for 8 days in August and it was a dream come true. Patricia, Tom, Miss Joyce and the rest of the staff treat everyone like family. The rooms are fantastic, the breakfast is wonderful and the atmosphere very relaxed. Can't wait to go again in May.
The Very Best
My wife and I have stayed at many B & Bs, but this one is far and away the best. Patricia and Tom are charming hosts. They made the stay for us, our children, and our grandchild simply amazing. The breakfasts were great. The rooms terrific. We even loved the towels.
You cannot stay at a better place in New Orleans.
The Maison Perrier B&B in New Orleans was a wonderful experience. After a perfect 3nite stay my husband and I were reluctant to leave. The innkeepers Tom and Patricia were must accomodating from the moment we crossed the threshold of their magnificent establishment. They were so informative with dining suggestions, tours to be taken, sightseeing adventures and even had streetcar passes we could purchase at the property with all their knowledge of the streets and stops to get off at. The beautiful comfortable rooms, the sumptious breakfasts in the morning prepared by Ms Joyce or Patricia herself were a real treat to start the day. The goodies that were out thru the day, the honor bar and all the extras were so appreciated by us. We felt so comfortable there, it almost felt like we were visiting family as the innkeepers and the staff were always so friendly and open to conversation. For us this is a definate "WE WILL RETURN'
Truly wonderful!!
This was my first Bed and Breakfast experience, and I absolutely loved it. The new owners, Tom and Patricia, were so helpful and friendly. The house is well kept, and we were upgraded to a bigger room at no charge. It is also in a convenient location. The streetcar is just a short walk and the neighborhood is safe. My boyfriend actually proposed to me on the front porch during our stay. My only complaint is that I had to leave so soon. I highly recommend this Bed and Breakfast.
Wholeheartedly recommended!
I stayed here for my honeymoon and found this B&B lovely in every respect. I wanted a perfect romantic vacation, as most honeymooners do, and this place absolutely lived up to my expectations. The staff was friendly and attentive, the rooms were beautifully decorated, spacious, and well kept, and the breakfasts were delicious! I also really enjoyed the location--in a relaxing and beautiful residential neighborhood, but with easy access to the French Quarter by streetcar. The rates seemed to be an excellent value for the quality of service you get. I cannot imagine anyone who would not be pleased with a stay here.
I just spent one night at the Maison Perrier but it was excellent. A beautiful house and room, very friendly staff, good breakfast, free treats throughout the day, free wine and cheese on Friday and Saturday afternoons,... The house is in a beautiful neighborhood and is just a 2 min walk from the St. Charles streetcar which will bring you to the French Quarter. I will definitely make this place my future choice to stay in New Orleans!
We found Maison Perrier by accident, having been badly let down by the New Orleans B&B we had booked originaly (they had double-booked and refused to honour our reservation of six months' standing). The host at a B&B where we stayed in Montgomery made a few phone calls and put us in touch with Maison Perrier, who luckily had rooms available. It must have been an omen because Maison Perrier was much, much better than our original choice and it was much less expensive. The rooms were very comfortable, tastefully decorated and very clean. The host was very helpful and generous and her staff were helpful too and the breakfasts very good. Excellent location in the Garden District and very easy to get into the French Quarter. Maison Perrier will be our first choice in New Orleans in future. Highly recommended.
Perfect place for couples
I recently arranged a 40th birthday party for my husband with 14 couples staying at this B&B. We had a fabulous time! I preferred the ambiance in the main house, but the rooms in the sister house were very nice as well. The neighborhood was charming and the streetcar very close. It's true that the cook is not the friendliest, but the property manager more than made up for it. Her recommendations were always top notch. It was very relaxing after a day sightseeing to come back "home", sit on the porch with friends, have their complimentary wine and cheese, and head back out to the Quarter. If you want to be away from the craziness in the quarter, I would highly recommend this property for the price.
An Oasis
We spent three nights at Maison Perrier and it was a most comfortable and relaxing "retreat" after busy days in NO. The house is beautifully restored and decorated, but not overwhelming as are some B&Bs. The owner and her staff are very nice and quite helpful. The best way to get an appreciation of the place is to go to their web site. The photos of the rooms are as they are....appealing and comfortable. The breakfast is very good. The "happy hour" includes complimentary cheese and wine. The honor bar is well-stocked and reasonably priced. The neighborhood is funky and very interesting. A 5 minute walk to St Charles street car brings all of NO to within 15mins of this charming place. The prices may seem high, but for the location and ambiance, they are bargain rates.
Almost perfect!
This is a great b and b in a safe neighborhood in the upper garden district. Amenities galore including home made snacks throughout the day and complimentary soft drinks. just a few blocks from the streetcar line. top quality linens etc. Although breakfast was good each day, it was not spectacular, and one day we had a surly cook who forgot to serve us at all! we were also kept waiting for check in (45 minutes) on the porch. i believe these problems stemmed from the regular cook and innkeeper not at work during our stay. We've heard fantastic things about the resident cook. if you go, make sure the regular staff is available. We also ran out of toilet paper. on the positive side, the innkeeper had previously booked us a great city tour, and a suggestion for dinner which was fantastic.
TripAdvisor Reviews Healing Stone Retreat & Spa Hermann
Travel Blogs from New Orleans
Day 5 New Orleans
... it. Refer during and after photos. So yummy and finger lickin good.
Left Neil to enjoy the remaining sets of Wolfman. Bus 55 home to Canal Street and then walked to Lamothe House. Just us and the driver and one other guy on the bus. The buses are a welcome relief from the heat. The buses along St Charles Street go all night and its only $3 for a day pass
Day 3: New Orleans cont.
... Jessie but fortunately there is almost always macaroni and cheese everywhere (and people say being vegetarian is healthier…). We all pretty much ordered the same thing (except for Jessie) and feasted on Cajun chicken breasts, red beans, butter beans, and cornbread. I definitely now understood why people in the south sometimes look the way they do….(that may have been harsh…but oh well). After linner (combination of lunch and dinner) we toured ...
I fought the rain, and the rain won?
... headed to dinner.
Trenasse was the place to be for dinner. As Tyler and Megan got the table, Speck and Nate dropped the chairs and bags at the car. The server was Kai, and after perusing the menu it was time for a variety of dishes: Buffalo Frog Legs, Mozzerela Stuffed Quail, Alligator Tamale, and Creole "nachos" made from cracklins and pork belly. Tyler has to learn the difference between *******ry and Clownery after he throws his dirty napkin at Megan. Speck took ...
Weekend in the Big Easy - Part 2
... one another then from out of the top of our car yelled, "C'mon New Orleans... make some f**king noise". I guess it was almost a Thelma and Louise moment, as I can't think of a road trip movie involving two brothers. We needed a laundromat and used the i-pad to recommend a few. We went back down to Bourbon Street to see what it looked like in the day time, and were surprised when we got to drive part of where we had walked the night before. I had a Police car following us for ...
Jazz in the Park
... head on down to Bourbon St to see the madness for ourselves. We wander wide-eyed for awhile, there are a lot of drink outlets and a lot of drunks. No wonder tourists get robbed of their belongings when they get so drunk they are oblivious to what's going on around them! Every 2nd shop here sells slushy cocktails and they are dirt cheap! We end up grabbing some food and then check out Preservation Hall which Paul is very keen to go to. They have sold out all ...


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Ever since Apple acquired PrimeSense, the company behind Microsoft Kinect, we have been hearing rumours of a gesture based interface for the Apple TV. A new patent filed by Apple suggests that the hands free control will not only deal with navigation, but also be available within apps and games.
Here is Daring Fireball's John Gruber's take on yesterday's speculations on whether Apple is working on a standalone TV set or not:
As Apple TV users, we are always excited to hear rumours on Apple's own television set. The latest one is the open letter which Carl Icahn sent today to Apple, where he predicts the company to release an Ultra HDTV next year. However, The Wall Street Journal confirmed hours later that Apple has no plans to enter the television market anytime soon.
Mark Gurman is probably the most respected and trusted blogger when it comes to breaking Apple news. Today, in a new post at 9to5Mac, he sheds some light on the Apple TV 4, as his sources report major facelifts in both hardware and software domains.
Apple TV users often find themselves switching between the Apple TV remote and the televion remote. Changing the volume and source on the television requires the TV remote while the normal navigation of content of course requires the silver Apple TV remote. For media buffs, this turns out to be much annoying and we have always longed for a solution. Sideclick aims to be one.
Just a week after Apple added new channels to the Apple TV in several countries across the world, the tiny black set-top box got a new content once again, this time in Australia, Japan, UK, Ireland and Scandinavia.