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CPA Leadership Institute Announces Scholarship and Extended Deadline - Alumni of the 2014 
CPA Leadership Institute (CLI) class are funding two needs-based scholarships - a $500 scholarship and a partial scholarship. Include a letter with your application stating how you would benefit from the scholarship.

Also, due to tax season, we are extending the deadline to apply for the CLI until March 17. The program is designed to prepare the next tier of CPAs for leadership roles in their organization, the profession and the association. To apply, nominate a young CPA, or learn more, visit www.scacpa.org/leadership.

SCACPA is 100! -
This is a once-in-a-lifetime event and we have celebrations planned throughout the year. Check out our Centennial page to learn more.

We would like to thank WebsterRogers who has agreed to serve as a Centennial Club sponsor ($10,000).
Thank you WebsterRogers!

AICPA Launches 2015 #CPAPOWERED Campaign -

Are you a CPA that provides service to small businesses? The AICPA has developed a toolkit that features CPAs as trusted advisors to small businesses, with resources to offer insight into the value and expertise a CPA can offer. Click here for details.

Test Your Knowledge and You Could Be a Winner - Every week we will post a new trivia question about the association and/or its history. If you answer correctly you will be entered into a monthly drawing for a $50 gift card. Monthly winners will be entered into a drawing for a grand prize. 

The deadline for 2015-16 SCACPA board nominations is March 1. This week’s trivia question: Who is the Chair Elect of our Board of Directors?

Email your answer to membership@scacpa.org by Monday, March 2. Please use March Centennial Trivia for the subject.

Accepting Nominations for SCACPA Board Members - The SCACPA Leadership Selection and Succession Committee is seeking recommendations for members to serve on the SCACPA Board of Directors. Nominees will be considered for a three-year term beginning July 1, 2015. 

You may nominate yourself or someone else. Nominations must be received no later than March 1, 2015. For additional information on how to nominate, please contact the Leadership Selection and Succession Committee Chair Sharon Mann, CPA at
smann@geninfo.com or SCACPA Chief Executive Officer Erin Pate, CAE, at epate@scacpa.org or 803-791-4181803-791-4181, ext. 104. 

Show the World You Mean Business Visit cgma.org




The S.C. Association of CPAs Requests Proposals for Financial Audit and Tax Services - The South Carolina Association of CPAs is soliciting proposals from qualified firms of CPAs to audit its financial statement and provide tax preparation services for fiscal years ending June 30, 2015, 2016 and 2017, with an option for renewal of two subsequent years. For additional information, click here.

Legislative Update
This is week five of the South Carolina General Assembly and the bills the S.C. Association of CPAs are watching most closely saw some action in the SenateFirst, annual tax conformity legislation was approved by the Senate Finance Committee on Feb. 18. Secondly, accountancy practice legislation
Senate bill 301 received its third and final hearing in the Senate on Feb. 20 and will now move to the House for approval. 
Access the full issue of View From the Dome.   

FASB & IASB to Propose Revenue Recognition Clarifications -
The Financial Accounting Standards Board and International Accounting Standards Board recently agreed to propose revisions to the language in their combined revenue recognition standard. The proposed clarifications are due to implementation problems for some financial statement preparers. Read more.

IRS Makes it Easier for Small Businesses to Apply Repair Regulations to 2014 and Beyond -
On Feb. 13, The Internal Revenue Service made it easier for small business owners to comply with final tangible property regulations. The simplified procedure is available beginning with 2014 returns taxpayers are filling out this tax season.Click here to access the procedure.