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The   Natural State
         of    Accounting
                                                                     Issue 6/June 2021

                                                        2021 Annual Technology
                                                         Conference, June 24-25

                                                             Get Connected with
                                                               ARCPA Connect

                                                            2021 Annual Members
                                                                  Meeting & CPE

 Arkansas Society of Certified Public Accountants
                                                    1                       June 2021
The Natural State of Accounting - 2021 Annual Technology Conference, June 24-25 - The ...
ARCPA STAFF
        MARSHA MOFFITT            Executive Director/CEO

               ZHENGYU LI         Director of Finance

     STEPHANIE TANNER             Director of Education

            ROBIN HARRIS          Director of Communications
                                  & Public Relations

          WHITNEY MAYO            Director of Membership
                                  & Marketing

         CRYSTAL MCKEE            Education Assistant                                 GET PUBLISHED
                 ARCPA OFFICERS
     JOSEPH M. RUGGER             Chair                                           If you are interested in
                                                                                   submitting a column
           GINA R. MORAN          Chair-Elect
                                                                                        or feature to
    ROCKY W. GOODMAN              Vice Chair                                         The Natural State
         MIRANDA J. JOHN          Secretary                                            of Accounting
                                                                                    monthly newsletter,
          PAUL S. OSBORN          Treasurer                                           please submit to
           STATEWIDE DIRECTORS                                                    membership@arcpa.org.
      DONNA E. BURNETT            J. MICHAEL TUOHEY
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                                                                   The Natural State of Accounting is published monthly by
 ROBERT CHRISTIANSEN              JOSEPH A. WHEELER                the Arkansas Society of CPAs for its members. Views and
       PAULA M. KINNARD                                            opinions appearing in this publication are not necessarily the
                                                                   views of the ARCPA. The products and services advertised
                                                                   in the Natural State of Accounting have not been reviewed
                                                                   or endorsed by the ARCPA, its board of directors, or staff.
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       501.664.8739, AR Toll free 800.482.8739                     permission to use them in a photograph, video, or other
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                                                                   event, they will make their wishes known to ARCPA staff
                                                                   prior to the event.

Arkansas Society of Certified Public Accountants
                                                               2                                                   June 2021
CONTENTS
CONFERENCES & EVENTS
     5 2021 Conference Schedule
     9 What Now? Technology in A Post-Pandemic Environment
    12 ARCPA Conference Group Pricing
    14 18th Annual Accounting Educators Conference Wrap Up
LEGISLATIVE
    17 A Look Back at the 2021 Arkansas Legislative Session
    18 An Update on the ARCPA PAC
MEMBER NEWS
    20 May 2021 ARCPA Board Meeting Wrap Up
    21 Welcome New Society Members
    25 Student Education Fund Scholarship Recipients
    28 Include Your Firm in the 2021-22 Guide to Public Accounting
    29 ARCPA Member Spotlight
33 CLASSIFIEDS

                     ANNUAL MEMBERS MEETING and FREE 1-Hour CPE
                                    Thursday, August 26, 2021, 12:00 Noon
                                               (Members Only)
 12:00 p.m. – Recognition of 2020 Award Winners
 12:15 p.m. – Membership Approval of Bylaws Revision and 2022 Slate of Officers and Directors
 12:30 p.m. – 1:30 p.m. – Top Regulatory Items Facing Businesses. Are Your Clients Prepared?

 Course description:
 With continued impacts of the COVID-19 pandemic, as well as the priorities of a new administration, businesses
 today face more regulatory demands than ever before. In response, accountants
 are seeking to increase their client engagement regarding important legislation,
 creating more strategic, consultative opportunities.
 Join this session to learn about the top regulatory items that are impacting
 businesses. Ensuring that your clients address these areas wisely further
 strengthens and expands your advisory role.

 Objectives:
 Highlight the latest federal payroll tax-related regulatory developments and trends.
 Identify the top federal legislation related to healthcare policy, employment law, and
 more. Review resources and consultative opportunities.
 Sponsored By
                                                            REGISTER TODAY
                                               *Membership vote by regular society CPA members only

    Arkansas Society of Certified Public Accountants
                                                                 3                                       June 2021
ORDER YOUR ARCPA BACKPACK TODAY!
$80
                                                     Show your support of ARCPA with a new backpack! This
                                                     TSA-friendly 17” computer backpack allows you to keep
                                                     your laptop inside the pack and fully protected, with a
                                                     mesh computer viewing window that keeps your computer
                                                     in full view without having to remove it during TSA security
                                                     checks. Multiple, large-capacity, organizer storage
                                                     compartments keep everything organized and easy to
                                                     find.
                                                                     Limited Quantity Available

                                                    Order your backpack today by emailing
                                                    Marsha Moffitt at mmoffitt@arcpa.org.

 Arkansas Society of Certified Public Accountants
                                                              4                                         June 2021
CONFERENCES AND EVENTS

ARCPA 2021 Conferences & CPE Events

                        Technology                          !
                                                                  Accounting    Auditing
                                                                   Accounting & Auditing
                        Conference                                           Conference
                                  June 24-25, 2021                                   May 12-13, 2021
                                    Virtual Event                                      Virtual Event
                                   CPE Hours: 16                                      CPE Hours: 16
                                     Register Now                                      Register Now
     Member Fees:			                 Non-member Fees:
     $460 Early Fee		                $660 Early Fee         Member Fees:			                 Non-member Fees:
     $490 Standard Fee		             $690 Standard          $275 Early Fee		                $375 Early Fee
     Fee                                                    $305 Standard Fee		             $405 Standard Fee
                (early fee expires 06/10/21)                            (early fee expires 7/13/21)

            Governmental Accounting                             Industry, Commerce & Banking
                  Conference                                              Conference
                      August 31, 2021                                 September 23-24, 2021
                       Virtual Event                                       Virtual Event
                       CPE Hours: 8                                       CPE Hours: 16

                        Register Now                                        Register Now
     Member Fees:			                  Non-member Fees:      Member Fees:			                  Non-member Fees:
     $225 Early Fee		                 $325 Early Fee        $275 Early Fee		                 $375 Early Fee
     $255 Standard Fee		              $355 Standard Fee     $305 Standard Fee		              $405 Standard Fee
                 (early fee expires 8/17/21)                            (early fee expires 9/09/21)

                                        Two-Day Federal Tax Update:
                                   Individuals, Corporations & Partnerships
                                                   October 28-29, 2021
                                                       Virtual Event
                                                      CPE Hours: 16

                                                      Register Now

                                      Member Fees:			     Non-member Fees:
                                      $420 Early Fee		    $520 Early Fee
                                      $450 Standard Fee		 $550 Standard Fee
                                      		(early fee expires 10/14/21)

Arkansas Society of Certified Public Accountants
                                                           5                                             June 2021
CONFERENCES AND EVENTS

ARCPA 2021 Conferences & CPE Events

               Arkansas Federal                                          EQUIP
                Tax Institute                                           Conference
               November 4-5, 2021                                   November 10, 2021
                  Virtual Event                                        Virtual Event
                 CPE Hours: 16                                        CPE Hours: 4
                   Register Now                                         Register Now
Member Fees:			                Non-member Fees:
$220 Early Fee		               $320 Early Fee
$250 Standard Fee		            $350 Standard Fee                  Registration Fee:     $50
            (early fee expires 10/21/21)

                     Fraud                                            Agriculture
                   Conference                                         Conference

               November 11, 2021                                    November 17, 2021
                  Virtual Event                                        Virtual Event
                 CPE Hours: 8                                         CPE Hours: 8

                   Register Now                                         Register Now
                                                        Member Fees:			                Non-member Fees:
Member Fees:			                Non-member Fees:         $250 Early Fee		               $350 Early Fee
$225 Early Fee		               $325 Early Fee           $280 Standard Fee		            $380 Standard Fee
$2 55 Standard Fee		           $355 Standard Fee                    (early fee expires 11/03/21)
           (early fee expires 10/28/21)

 Arkansas Society of Certified Public Accountants
                                                    6                                           June 2021
June-July Seminars                                                                   CONFERENCES AND EVENTS

Date		            Course Title			    Field CPE Hours Location                                    Early Bird Fee       Standard
                (Acronym) of Study								                                                             		                Fee
JUNE
June
 09 Forensic Accounting: Fraud Investigations (FAFI) AA 8 VIRTUAL-ONLY     Member $245**     Member $275**
   					                                                               Non-member $345** Non-member $375**

09 Nonprofit Industry Update and GAAP Refresher (NIU) AA/GOV 8 VIRTUAL-ONLY     Member $245     Member $275
						                                                                      Non-member $345 Non-member $375

 10 Audits of Defined Contribution Pension Plans (ADC) AA 8 VIRTUAL-ONLY     Member $245     Member $275
   					                                                                 Non-member $345 Non-member $375

 14     Surgent’s S Corporation, Partnership, and LLC Tax Update TX 4 VIRTUAL-ONLY     Member $165     Member $175
        (8:30am-12:00pm)  (BCP4)				                                               Non-member $215 Non-member $225

 14     Surgent’s Individual Income Tax Update TX 4 VIRTUAL-ONLY     Member $165     Member $175
		      (1:00pm-4:30pm) (BIT4)				                               Non-member $215 Non-member $225

 15     Financial Reporting for Not-for-Profit Entities AA 4 VIRTUAL-ONLY     Member $165     Member $175
        (8:30am-12:00pm) (CL4NFPF)				                                    Non-member $215 Non-member $225

15 Governmental and NFP Accounting and Auditing   AA/GOV 4 VIRTUAL-ONLY     Member $165     Member $175
		(1:00pm-4:30pm) (CL4GNP)				                                          Non-member $215 Non-member $225

 17     Yellowbook: Application of GAGAS Principles AA/GOV 4 VIRTUAL-ONLY     Member $165     Member $175
        (8:30am-12:00pm) (CL4YBAP)				                                    Non-member $215 Non-member $225

21 Accounting for Expenses in a NFP AA 2 VIRTUAL-ONLY     Member $100     Member $110
		(8:30am-10:10am) (CL2EXP)				                       Non-member $125 Non-member $135
21 FASB Activities Impact on NFP Financial Reporting AA 2 VIRTUAL-ONLY     Member $100     Member $110
		(10:30am-12:10pm) (CL2FACT)				                                      Non-member $125 Non-member $135
22 Lease Accounting: The Impact of Changing Standards on Both AA 2 VIRTUAL-ONLY     Member $100     Member $110
		Lessors and Lessees (8:30am-10:10am) (AALL)				                               Non-member $125 Non-member $135
 22     Going Concern Accounting and Reporting Considerations    AA          2   VIRTUAL-ONLY       Member $100     Member $110
        In the COVID-19 Environment (10:30am-12:10pm) (AGC2)                                    Non-member $125 Non-member $135
22 Ethical Considerations for CPAs ET 4 VIRTUAL-ONLY     Member $165     Member $175
		(1:00pm-4:30pm) (ETH4)				                         Non-member $215 Non-member $225

JULY
 8      Revenue Recognition: Identifying the Contract and AA 2 VIRTUAL-ONLY     Member $100     Member $110
        Performance Obligations (8:30am-10:10am) (CL2CPO)				               Non-member $125 Non-member $135st
 8      Revenue Recognition: Determining and Allocating the      AA          2   VIRTUAL-ONLY       Member $100     Member $110
        Transaction Price (10:30am-12:10pm) (CL2TRP)                                            Non-member $125 Non-member $135s
 20     Applying the Uniform Guidance in Your Single Audits     AA/GOV       8   VIRTUAL-ONLY       Member $245**     Member $275**
        (INUG)                                                                                  Non-member $345** Non-member $375**
21 Annual Update and Practice Issues for Preparation, AA 8 VIRTUAL-ONLY     Member $245**     Member $275**
		Compilation, and Review Engagements (CORU)				                        Non-member $345** Non-member $375**

      Arkansas Society of Certified Public Accountants
                                                                         7                                             June 2021
July-September Seminars                                                                CONFERENCES AND EVENTS

Date		         Course Title			    Field CPE Hours Location                                       Early Bird Fee        Standard
             (Acronym) of Study								                                                                		                 Fee
JULY (CONTINUED)

 27    Reviewing S Corporation Tax Returns: What Are You Missing?   TX       4   VIRTUAL-ONLY       Member $165       Member $175
       (8:30am-12:00pm) (CL4STRM)                                                               Non-member $215   Non-member $225

 27    Reviewing Partnership Tax Returns: What Are You Missing? TX 4 VIRTUAL-ONLY     Member $165                     Member $175
       (1:00pm-4:30pm) (CL4PTRM)				                                              Non-member $215                 Non-member $225

 28    Social Security and Medicare: Maximizing Retirement          TX       4   VIRTUAL-ONLY       Member $165       Member $175
       Benefits (8:30am-12:00pm) (CL4SSM)                                                       Non-member $215   Non-member $225

 28    Reviewing Individual Tax Returns: What Are You Missing?      TX       4   VIRTUAL-ONLY       Member $165       Member $175
       (1:00pm-4:30pm) (CL4ITRM)                                                                Non-member $215   Non-member $225

29 Real Estate Taxation (TSE.TRE) TX 8 VIRTUAL-ONLY     Member $245**     Member $275**
						                                              Non-member $345** Non-member $375**

AUGUST
11 Controller’s Update: Today’s Latest Trends OT 4 VIRTUAL-ONLY     Member $165                                       Member $175
		(8:30am-12:00pm) (CL4SKSB)			                                 Non-member $215                                   Non-member $225

11 Change the Way You Work: Success as a Virtual CFO                OT       4   VIRTUAL-ONLY       Member $165       Member $175
		(1:00pm-4:30pm) (CL4VCCO)                                                                     Non-member $215   Non-member $225
                 AUGUST
17 Accounting and Auditing Update for Small Businesses AA 8 VIRTUAL-ONLY     Member $245**     Member $275**
		(SMBZ)			                                                              Non-member $345** Non-member $375**

18 Enterprise Risk Management: New Approaches for OT 8 VIRTUAL-ONLY     Member $245**     Member $275**
		Today’s Complexities (RMGT)				                                   Non-member $345** Non-member $375**

 25    Forecasting for Improved Profits, Working Capital, and OT 4 VIRTUAL-ONLY     Member $165                       Member $175
       Decision Analysis (8:30am-12:00pm) (CL4FFMD)			                          Non-member $215                   Non-member $225

 25    Risk, Cost, and Cash Management for Controllers and          OT       4   VIRTUAL-ONLY       Member $165       Member $175
       Financial Managers (1:00pm-4:30pm) (CL4TKBP)                                             Non-member $215   Non-member $225

SEPTEMBER
30 Advanced Controller and CFO Skills (ACCS) OT 8                                VIRTUAL-ONLY       Member $245**     Member $275**
					                                                                                           Non-member $345** Non-member $375**

                                                      COURSE INFORMATION
          All courses begin at 8:30 a.m. and end at 4:30 p.m. unless otherwise noted

       ** AICPA members may deduct $30 from AICPA courses (4 hour courses N/A).

      Arkansas Society of Certified Public Accountants
                                                                         8                                                 June 2021
What Now? Technology In A Post-Pandemic Environment
Thomas G. Stephens, Jr., CPA, CITP, CGMA

Business leaders across the globe are now focusing on rejuvenating their businesses in a post-pandemic environment. No doubt,
the past eighteen months have been challenging for everyone. But now, as organizations seek to regroup and recover, managers
must consider carefully the state of their organizations’ technology and what adjustments and investments they should make to
maximize their organization’s chances to succeed. This article examines several critical technologies that leaders should have near
the top of their lists.

                                               Remote Work Environments Demand Better Planning

OK, let’s face it. In March of 2020, we got pushed into a world few could have imagined. In a single week, managers told
millions to pack their desks, go home, and figure out how to work remotely with, in many cases, little, if any, assistance from
the IT department. Although challenges and failures materialized, most workers innovated and found creative solutions to their
challenges. Now, with many workers choosing to work remotely on at least an occasional basis, it is time to assess the state of these
environments and see what we can and should do better.

These issues certainly include technology. Do our team members have optimal bandwidth to connect and communicate? Have we
adequately secured team members’ internet connections? Should we equip our remote workers with additional peripheral devices,
such as scanners? But these types of questions are just the tip of the iceberg when implementing remote work strategies for the
long haul.

For example, have we addressed issues such as ergonomics in the home office? Keep in mind that workers’ compensation issues
still exist, even when team members work from home. Therefore, employers generally must provide a safe workspace, even if
that workspace is remote. Similarly, have we addressed potential overtime issues and conflicts in remote work situations involving
non-exempt team members? If non-exempt team members work more than eight hours a day or forty hours a week, generally,
employers must pay overtime wages. Therefore, appropriate scheduling and monitoring tools should be in place.

                                                           Collaboration Tools Are Essential

No doubt, the popularity of collaboration tools such as Microsoft Teams, Slack, Zoho Connect, and Google Workspace make it
easy for team members to communicate and share documents. The usage of these platforms exploded almost overnight with the
pandemic’s – Microsoft, for example, experienced an 894% increase in Teams usage from March through June 2020. Now that team
members are accustomed to these platforms, it’s time to leverage them for better productivity while simultaneously striking an
appropriate balance over data control. For example, we should ensure that team members know how to take advantage of multi-
user, simultaneous to standard document types such as Excel, Word, and PowerPoint. Additionally, we need to safeguard against
storing redundant copies of data files in our collaboration platforms. When used properly, these tools elevate productivity, but they
can become a managerial nightmare when used haphazardly.
                                                       Security Issues Continue To Proliferate

A notable trend observed during the pandemic was the explosion of phishing attacks. Many security professionals believe that
these attacks grew because of perpetrators seeking to exploit less-secure home networks. Most of these same professionals agree
that security attacks will continue to haunt organizations of all sizes and types for the foreseeable future. Accordingly, security
needs to remain a top-of-mind consideration in all organizations.

Examples of critical security measures you should consider implementing include:

    •     Utilizing password management tools;
    •     Implementing Zero Trust Security Models;
    •     Ensuring ongoing updates to operating systems and applications;
    •     Encrypting data at every opportunity;
    •     Backing up data on an ongoing basis and regularly testing your backups;
    •     Maintaining physical control of all devices; and
    •     Using Mobile Device Management software.

        Arkansas Society of Certified Public Accountants
                                                                            9                                         June 2021
Consider Implementing Innovative Tools

Of course, innovation provides an ever-expanding list of technology tools to improve productivity and efficiency. Some
of these are tools found in everyday applications, such as Excel. For example, Excel’s Power Query feature provides
extraordinary capabilities for linking data into Excel and creating transformations to clean up the data and make it more
useful. Yet, very few Excel users take advantage of this feature. Similar productivity-boosting features frequently appear
in other applications we use on an everyday basis.

Beyond new features in familiar applications, we should consider the potential positive impact of newer technologies.
For example, where do you and your organization stand with automating workflows and approval processes? Did you
know you can do precisely that by taking advantage of Power Automate, a solution already available in many Microsoft
365/Office 365 subscriptions? With Power Automate, you can create a custom workflow and approval process that
facilitates automating approval processes.

Likewise, have you considered the ever-growing list of third-party applications that can enhance your accounting
solution? From eCommerce integration to document management to enhanced financial reporting, third-party
solutions are available for virtually every accounting application and service in use today. These tools provide functions
and features not otherwise available in your accounting application and eliminate rote, manual processes often
implemented as stop-gap measures. Accordingly, they can have a tremendous positive impact on productivity.

                                               Training Is More Critical Than Ever

Of course, none of the technologies mentioned above will provide the promised benefits if team members do not
know how to use them effectively. More than ever, training is a crucial driver for all types of businesses to achieve their
goals in a post-pandemic environment. A significant component of your post-pandemic planning should be devoted
to ensuring that team members can access the learning options they need to work effectively in a post-pandemic
workplace. Team members might choose to participate in formal training sessions – web-based or in-person – or they
may take advantage of informal “lunch-and-learn” environments. Likely, many will participate in both types of delivery
methods. When arranging for training options, one critical consideration is not to assume that team members are as
fluent with common applications – Excel and Adobe Acrobat, for example – as many believe. Many team members
continue to rely on “brute force” methods when working in these applications, even though newer features can allow
them to work more efficiently, accurately, and securely.

                                                           Summary

No doubt, post-pandemic work environments will be different from those of the past, just as our work environments
changed dramatically after the widescale introduction of the personal computer. Some of these changes will be
cultural in nature – social distancing, as an illustration – but many will be technological. For example, remote work
environments, collaboration tools, addressing security risks, and taking advantage of new breeds of innovative tools
all capitalize on the ever-improving world of technology. When you couple these types of tools – and others sure
to emerge – with appropriate training, you are indeed setting the stage for organizational success in post-pandemic
environments. Best of luck as you plan for success in a post-pandemic environment!

        Tommy is one of the shareholders of K2 Enterprises. At K2, Tommy focuses on creating and deliveringcontent
        and is responsible for many Firm management and marketing functions. You may reach him at tommy@k2e.
        com, and you may learn more about K2 Enterprises at www.k2e.com.

          Register here for the 2021 Annual Technology Conference!
            Conference, to be held Virtually, June 24-25th, 2021.

Arkansas Society of Certified Public Accountants
                                                                10                                                 June 2021
Valuable member benefit
                                                   Members across the state may reach out
                                                   to each other through ARCPA Connect.
                                                   ARCPA Connect is a members only
                                                   exclusive online community forum that is
                                                   accessible on a desktop and all digital
                                                   devices. This is a place where ARCPA
                                                   members may exchange information, ask
                                                   questions, share ideas and best practices.
Log In
Access ARCPA Connect through the link on ARCPA website at www.arcpa.org.
Or go to connect.arcpa.org. Your login is the same as your member login for
the ARCPA website, so there is no need to establish a different username or
password. In Connect, you may engage in the Member Forum which is
available to all members and find access to other committee groups which you
may belong. Adjust your preferences for receiving notifications at any time.

              Get Connected
              Join discussions posted by others or start a new discussion topic of
              your own in the forums. Post links to useful websites or helpful
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              Sharing information is easy within the community.

                                Get Active
                                Visit the online community often to
                                checkout new discussions or to initiate a
                                discussion thread with a question,
                                comment or beneficial resource. Your
                                participation will help build an invaluable
                                source of information for members.

Arkansas Society of Certified Public Accountants
                                                        11                              June 2021
CONFERENCES AND EVENTS

  ARCPA CONFERENCE GROUP PRICING

Have multiple people from your firm/company wanting to
attend the same conference?
  Register three or more people from the same firm/
  company for the same conference and receive a                     Group Pricing Terms & Conditions:
  group discount! To take advantage of the ARCPA’s
  Conference Group Pricing just fax, mail, or email                 •    To receive the group discount, all individuals must be
  your registration form with the list of attendees.                     registering for the same conference.
  Questions? Please contact Stephanie Tanner at 501-                •    Payment is required with registration to receive the
  664-8739 or stanner@arcpa.org.
                                                                         group discount.
  The following discount is applied when three or                   •    Group discount is only valid for ARCPA Conferences.
                                                                    •    Only ARCPA members may qualify for the group
    more people from the same firm/company
                                                                         discount.
         register for the same conference:                          •    Non-members may apply for membership to receive
                  Technology Conference:         $50 off / person        the group discount.
        Accounting & Auditing Conference:        $25 off / person   •    All individuals must be listed at the time of
                Governmental Accounting          $15 off / person        registration.
Industry, Commerce & Banking Conference:         $25 off / person
                                                                    •    Programs excluded: Educators’ Conference
             Two-Day Federal Tax Update:         $50 off / person
                             Tax Institute:      $25 off / person
                      EQUIP Conference:          $10 off / person
                        Fraud Conference:        $25 off / person
                   Agriculture Conference        $15 off / person

    Arkansas Society of Certified Public Accountants
                                                                    12                                            June 2021
Group Pricing Registration
Conference Name ______________________________________________________________________________________________________
Firm Name _____________________________________________________________________________________________________________
Address ________________________________________________________________________________________________________________
City ____________________________________________________________________ State ______________Zip _______________________
Phone _____________________________ Fax ________________________________ Email*_________________________________________
                                                                                                                     *Payment receipt will be sent to this valid email address
Employee Information:                                                                                                                                   Group
Name                                                                                       Email Address                      Fee                      Discount
  1. _______________________________________________                            ______________________________ _______________                 -   _______________
  2. ______________________________________________                             ______________________________ _______________                     _______________
  3. ______________________________________________                             ______________________________        _______________              _______________
  4. ______________________________________________                             ______________________________        _______________              _______________
  5. ______________________________________________                             ______________________________        _______________              _______________
  6. ______________________________________________                             ______________________________        _______________              _______________
  7. ______________________________________________                             ______________________________        _______________              _______________
  8. ______________________________________________                             ______________________________        _______________              _______________
  9. ______________________________________________                             ______________________________        _______________              _______________
10. ______________________________________________                              ______________________________ _______________                     _______________
                                                                                                         Subtotals    ________________             ________________
The Early Bird Price applies only when registering at least 14 days prior to the course or conference.   Total Amount Enclosed                     ________________

Group Pricing Terms & Conditions:
  •   To receive the group discount, all individuals must be registering for the same conference.
  •   Payment is required with registration to receive the group discount.
  •   Group discount is only valid for ARCPA Conferences.
  •   Only ARCPA members may qualify for the group discount. Non-members may apply for membership to receive the group discount.
  •   All individuals must be listed at the time of registration.
  •   Programs excluded: End of Busy Season CPE & Fish Fry, Educators’ Conference
Cancellation Policy:
 Full refund, less a $10 service charge will be made if notice of cancellation is received at least 60 days prior to the
 course or conference date. Full refund, less a $25.00 service charge will be made if notice of cancellation is received
 between 10 and 60 days prior to the course or conference date. NO REFUND WILL BE MADE IF NOTICE OF
 CANCELLATION IS RECEIVED LESS THAN 10 DAYS PRIOR TO THE COURSE OR CONFERENCE DATE.

Registration with Payment by mail:                           ARCPA, 11300 Executive Center Drive, Little Rock, AR 72211-4352
Registration with Credit Card payment:                                       FAX: (501)664-8320                PHONE: (501)664-8739 or
          q Master Card q Visa q American Express                        WEB SITE: www.arcpa.org                      (800)482-8739 in Arkansas

Card # __________________________________________________________________________Expiration Date ____________________________

Signature _____________________________________________________________________________________________________________________

  Arkansas Society of Certified Public Accountants
                                                                                          13                                                             June 2021
18th Annual Accounting Educators Conference Wrap Up
Arkansas Society of CPAs 18th Annual Accounting
Educators Conference was held Wednesday,
May 12, 2021. Over forty accounting educators from
various two and four-year colleges and universities
attended this virtual event. The conference offered
an opportunity for accounting educators to hear
discussions on current issues, trends, and teaching
strategies and share ideas and concerns. This year’s            Andrew Almand, Henderson State University
conference agenda featured individual presentations and         Kriste Flowers, UA Pine Bluff
a group discussion session. The event also included a           Margaret Hoskins, Henderson State University
demonstration of Tableau, a data visualization software,        Jody Nations, Southern Arkansas University
and a session for educators to meet firm representatives        Ashley Phillips, University of Central Arkansas
                                                                Rebecca Phillips, UA Monticello
and hear about future hiring needs and how students can
                                                                Lyle Rupert, Hendrix College
prepare for the workforce. The event offered attendees          JaLynn Thomas, University of Arkansas
up to 7 CPE credit hours, including 1 hour of Ethics and 1      Charles Wu, University of Central Arkansas
hour of Arkansas Ethics.
                                                      Any accounting educator at a college or university
                                                      in the state, who would like to assist, please email
                                                      Robin Harris rharris@arcpa.org to be included on the
                                                      planning task force for next year’s event.

                           Free 1 Hour of CPE – for ARCPA Members
                                    June 23, 2021 at Noon

                   Matt Boch                                           Jonathon Dismang

                          New Arkansas Tax Legislation & What It Means for Your Clients

 Join Matt Boch, an Arkansas tax attorney with Dover Dixon Horne PLLC, and Senator Jonathon Dismang,
 a leading legislator with a background in public accounting, as they discuss new Arkansas tax legislation
 passed by the 93rd General Assembly. Matt and Senator Dismang will cover everything you need to know
 about these new laws and how they will affect you and your clients.

 Register for this FREE event on www.arcpa.org

   Arkansas Society of Certified Public Accountants
                                                      14                                            June 2021
Ways to Save on CPE
Save $30: Early Bird                                 Save $30: AICPA                Save up to $200:
     Discount                                        Member Discount                ARCPA Member
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To qualify for the Early Bird                       You can save $30 on all       on CPE! Members can save
discount, your registration                         eight-hour AICPA courses!     $50 on four-hour CPE, $100
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received by the ARCPA 14
days prior to the program.

 Arkansas Society of Certified Public Accountants
                                                                 15                                June 2021
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Arkansas Society of Certified Public Accountants
                                                        16                         June 2021
LEGISLATIVE
A Look Back at the 2021 Arkansas Legislative Session
Through the efforts of ARCPA Lobbyist Rodney Baker,          Act 593 formerly HB1705 is a technical companion bill.
Attorney Matt Boch, members of ARCPA’s Legislative           The bill was a State Chamber/AIA Priority bill and was
and Taxation Committees, members of the ARCPA                supported by ARCPA.
leadership, and other society members, the 2021
legislative session was a success, passing several key       Act 629 formerly SB420 by Sen. Dismang to amend
tax bills. Below is a wrap-up of bills that have been        the law concerning extensions of time to file income tax
signed into law.                                             returns; and to extend the extended deadline for filing a
                                                             state income tax return by 30 days. Supported by the
Act 248 formerly HB1361 by Rep. Eaves and Sen.               State Chamber and ARCPA.
Dismang adopts federal statutes for the purpose
of computing Arkansas income tax liability from the          Act 628 formerly SB481, PUBLIC ROADS
Paycheck Protection Program, loan forgiveness, and           IMPROVEMENT TAX CREDIT by Sen. Dismang would
emergency grants. It excludes payments received              allow 100 percent of the public roads improvements tax
under the Coronavirus Food Assistance Program                credit to be taken in a single year, instead of limiting it
(CFAP). It sets the effective date of tax years beginning    to 50 percent. It would extend the carry-forward period
on or after January 1, 2019.                                 for the credit from 3 to 10 years. The effective date
                                                             would be January 1, 2020.
Act 153 formerly HB1212 by Rep. Jack Ladyman
and Sen. Missy Irvin is a State Chamber/AIA Priority         Act 776 formerly SB528 by Sen. Sample would require
Agenda item that will help employers by reducing             the Department of Finance and Administration to
the impact of layoffs due to COVID-19 on their               provide reports to counties and cities containing data
unemployment insurance taxes. The Act allows benefits        on sales tax rebates and credits awarded for local sales
paid for unemployment to be noncharged to the                and use tax rebates, and for purchased property used
separate account of each employer in the base period if      in construction contracts. It would require the reports
they are a result of a declared disaster emergency. The      to be delivered electronically on a monthly basis and to
impact has a retroactive effective date of April 4, 2020.    include the name of the taxpayer and the amount of the
                                                             credit or rebate awarded. The effective date would be
Act 154 formerly SB236 by Sen. Dismang and                   January 1, 2022.
Rep. Jett exempts from income tax 2020 and 2021
unemployment compensation benefits paid from federal         Act 725 formerly SB153 by Sen. Gilmore would create
unemployment funds or from Title IV of the Social            the Workforce Expansion Act of 2021. It waives the
Security Act.                                                initial licensing fee for individuals who are seeking
                                                             to receive a license in this state if the applicant
Act 143 formerly HB1031 by Rep. Jett requires the            has a household income that does not exceed two
electronic filing of a state income tax return by a tax      hundred percent (200%) of the federal poverty income
practitioner if the practitioner files the federal income    guidelines. A license is defined as: “…a license,
tax return electronically.                                   certificate, registration, permit, or other form of
                                                             authorization required by law or rule that is required for
Act 362 formerly HB1209 by Rep. Joe Jett will help           an individual to engage in a particular occupation or
about 40,000 Arkansas businesses reduce their                profession”. The bill was amended to exempt fees for a
federal taxes by an estimated $50 million or more            criminal background check; an examination or test; or
while generating $4 million in state revenue. HB1209         medical or drug test.
was a State Chamber/AIA priority agenda bill and was
strongly supported by ARCPA.                                 Act 880 formerly HB 1596 by Rep. Jett to allow the
                                                             sales and use tax exemption for sales for resale to
Act 586 formerly HB1468 by Rep. Joe Jett and Sen.            apply to items sold for use in printing; and to amend
Jonathan Dismang seeks to create an Independent Tax          the Sales and Use Tax exemption for certain machinery
Appeals Commission. HB 1468 was a State Chamber/             and equipment. HB1596 seeks to expand the existing
AIA priority agenda bill and was strongly supported          sales and use tax manufacturing exemptions definition.
by ARCPA.

   Arkansas Society of Certified Public Accountants
                                                            17                                            June 2021
LEGISLATIVE
An Update on the ARCPA PAC
Richard Bell, Managing Partner, Bell & Company PA
                           Mike Carroll, CPA and               government branches before laws and policies are so
                           former Managing Partner of          enacted. HB 1209, The Arkansas Pass-Through Entity
                           Beall Barclay & Company             Tax Act, now Arkansas Act 362, was a call-to-arms by
                           CPAs PLLC in Fort Smith,            the ARCPA, led by ARCPA’s Executive Director, Marsha
                           now Landmark PLC CPAs,              Moffitt, and ARCPA members and CPAs, Charlott
                           best described our Baby             Jones, Randy Milligan, Gary Cooper, respective
                           Boomer generation of CPAs           CPA members of the Legislative, Taxation, and PAC
                           with the following comment,         committees, and the entire ARCPA membership, which
                           while working diligently with       became a juggernaut of advocacy in contacting state
                           myself and a host of other          legislators in the House and Senate on the merits of
                           ARCPA members in passing            this bill.
HB1209, the Elective Pass-Through Entity Tax Act, and
in my own words I quote him, “During our professional          The House sponsor of the Bill, Representative Joe
careers, we did a good job of working with our clients         Jett, asked me, while attending a House Revenue
to implement policy on tax and attestation laws and            and Taxation Committee meeting, where I spoke in
regulations once they were legislatively passed and            favor of the bill’s passage, “like what has happened to
became law.                                                    the ARCPA membership?! I have never received so
                                                               many phone calls, emails, and texts in support of a
“However, we were not on the forefront of making               Bill from the CPA community!” I explained to him that
the policy, by participating in the legislative-making         perhaps this was the beginning of the future, where
process. We did not serve in the legislature or in local       CPAs, through the ARCPA Legislative, Taxation, and
political offices or serve on policy-making committees at      PAC Committees, could participate in assisting our
the local, state, or federal level.”                           legislators to understand the technical aspects of
                                                               certain tax and other related business Bills that would
I would add to Mike’s comment and make further                 help and assist to grow Arkansas businesses and our
observation that we did not have or take the time              state economy. With that being said, the call-to-action
to serve, as we spent our days working long hours,             gauntlet has been laid down as follows: Are you, as
serving our clients, and managing our practices and,           a member of the ARCPA, going to revert to Boomer
thus, we did not prioritize the time commitment to             mentality of after-the-fact policy implementation, or will
participate in the creation of business laws, regulations,     you grab this moment and build off the 2021 legislative
and policies. If we had participated at the local, state,      session and become a participant in the legislative
and national level, perhaps we would live in a different       process?
business environment, especially fiscally at a national
level, and our CPA profession would perhaps be                 The 2021 legislative session, through the efforts
perceived in an additional trusted advisory role besides       of Senator Jonathan Dismang and Representative
just acting as our clients’ most trusted advisor.              Joe Jett, introduced, sponsored, and passed with
                                                               their fellow legislative members, legislation to bring
We would become our clients’ most trusted advocate             Arkansas into favorable conformity with federal law with
in promoting good business laws, regulations, and              the treatment of PPP loans (not taxable in Arkansas),
policies through our legislative processes which, in           and unemployment compensation paid (not taxable at
turn, would make for a better federal, state, and local        all for 2020, but is limited federally). I have not seen
business community.                                            the Arkansas Department of Finance & Administration
                                                               (DFA) numbers, but I would estimate $150-200
The main purpose of my article today is to encourage           million in savings to Arkansas businesses in 2020,
you to change the Boomer dynamic and become an                 which provides additional funds for salaries, benefits,
active participating member in developing sound, fiscal,       purchase of equipment, and business expansion.
and business policy at our local, state, and national

   Arkansas Society of Certified Public Accountants
                                                          18                                                June 2021
LEGISLATIVE
An Update on the ARCPA PAC (continued)
Please remember that Arkansas tax statutes do not
follow federal laws when enacted. The Legislature
meets every other year, thus a gap in policy and
lawmaking, and the need for advocacy through our
ARCPA PAC, Legislative, and Taxation committees.

Think about the remainder of the year 2021 and 2022
- the state legislature will not meet again in regular
session until 2023. If there are federal tax law changes
in 2021 and 2022, we should use the strength of our
3,000 plus ARCPA membership to be on the forefront
of working with our state legislators and DFA. We
can work through various hearing committees and by
contacting our individual Senators and Representatives
in our respective districts and counties, and so educate
the pros and cons of which federal legislation serves      Let’s move away from our Boomer mentality and move
Arkansas businesses well, and which do not, and why.       forward as a business policy advocate to put Arkansas
                                                           business first with sound economic policies and
Think about the recent federal Coronavirus Retirement      business practices.
Bill that passed federally, that allowed for favorable
tax treatment for loan repayments from retirement          One last thought: HB 1209, the Entity Tax Pass-
accounts and for a spread of multiple years to pay for     Through Act, is projected to save Arkansas business
distributions not repaid if used for Coronavirus-related   taxpayers who own S-Corporations and Partnerships
expenses. Despite late valiant attempts by the ARCPA,      as pass-through entities, an estimated $50,000,000
ARCPA member Pat Ballard, and legal counsel Matt           annually. Arkansas is the nineth state to pass such
Boch, ESQ, a similar bill did not pass in Arkansas.        legislation - very forward-thinking, right? ARCPA
Arkansas taxpayers will, therefore, be taxed on the        members actively participated in the legislative law-
2020 retirement distributions in the year paid to the      making process in assisting our state legislators by
recipient. We, the members of ARCPA, did not do our        educating and providing technical information on the
homework. We should have been on the front line of         merits of the bill, and by speaking to our legislators with
advocating for a similar federal law treatment before      the theme “this is a good bill for Arkansas businesses”
this legislative session; but because we were not it       and to “please make this happen.” We did not wait to
slipped through the cracks. All ARCPA members share        be after-the-fact on passing HB 1209. The Bill passed
responsibility by our inaction before the Legislature      with no negative votes in the House or the Senate.
convened in session.                                       Good job, ARCPA!
Advocacy and education take dollars invested. As           I look forward to watching the future positive advocacy
Chair of the ARCPA PAC Committee, I personally             influence of our CPA profession through the ARCPA.
challenge each ARCPA member to contribute $100 to          I hope we will look back on the HB 1209 movement
the ARCPA PAC each year. Our firm has committed to         and continue to become willing participants in the
paying $100 for each CPA firm member of the society,       legislative process. We can accomplish this through
and I challenge other firms to do the same. We have        the ARCPA PAC and the ARCPA Legislative and
the potential to become a strong Arkansas business         Taxation Committees, working together to promote
policy PAC. If each ARCPA member would participate,        positive business policies on behalf of our clients by
the annual funding of our PAC would be $300,000 plus.      working with DFA, our respective state legislators, and
Currently, we raise about $5,000 annually.                 by expanding our national level spheres of influence.

   Arkansas Society of Certified Public Accountants
                                                           19                                            June 2021
MEMBER NEWS

    From the Board Room...
The following issues were covered in the
May 20, 2021 Officers and Directors Meeting,
which was held in virtual Zoom format:

• The following new members joined the
  Board:
     o Rocky Goodman, Vice Chair (will
         serve as Chair 2023-2024)
     o Andrew Almand, Director, three-year term
     o Nathan Nailling, Director, three-year term
     o Joseph Wheeler, Director, three-year term
• Lobbyist Rodney Baker gave a legislative wrap-up of the 2021 legislative session.
• Treasurer Paul Osborn presented the financial statements for the period ending March 31, 2021,
  which were approved.
• Executive Director/CEO Marsha Moffitt gave the Membership Report as of May 11, 2021. The
  Board voted to approve 14 requests for membership resignation and to contribute $100 each to
  the Student Education Fund in memory of seven recently deceased members.
• Chair Joseph Rugger gave the Executive Committee Update, which included a recommendation
  to award a nonvoting honorary membership to Matthew C. Boch, a tax attorney and partner with
  the Little Rock firm of Dover Dixon Horne, PLLC, in appreciation for his contributions in drafting
  and ultimately getting passed several tax bills during the 2021 legislative session which will
  greatly benefit the profession, receiving unanimous approval from the Board.
• Bylaws Task Force Chair Charlott Jones submitted two proposed Bylaws revisions, which were
  approved:
     o To remove “Peer Review Committee” from the list of standing committees, following a
         completed transfer of peer review program administration to the Alabama Society of CPAs
         in 2019
     o To change the name of the “Public Relations Committee” to “Membership and Marketing
         Committee”
		These proposed revisions will be presented for member approval in the virtual Annual
		           Members’ Meeting on August 26, 2021.
• ASBPA Executive Director Jimmy Corley gave a report from the Arkansas State Board of Public
  Accountancy.
• The Board heard the following Chapter and Task Force reports:
     o LEAD Task Force
     o Western Chapter
     o Northwest Chapter

The next scheduled Board of Directors’ Meeting will be held on Wednesday, September 22, 2021.

    Arkansas Society of Certified Public Accountants
                                                       20                                 June 2021
MEMBER NEWS
    Welcome New Society Members!
The Arkansas Society of CPAs welcomes the following new members, effective May 1, 2021. Please take the time to
welcome these members and invite them to society and chapter events.
To find members, visit https://www.arcpa.org/my-arcpa/member-directory
Learn more about our society and the benefits of membership at https://www.arcpa.org/

                                                       CPA Members
                 JESSICA ATRIXCO, Arkansas Legislative Audit, Harrison, Northwest Chapter
                 ELIZABETH BENNETT, HCJ CPAs & Advisors, Little Rock, Central Chapter
                   JAMES CLARK, Arkansas Legislative Audit, Little Rock, Central Chapter
                     STACI CLARK, Frazee Fox and Dodge, Little Rock, Central Chapter
                       KATHERINE CRENSHAW, BKD, Fort Smith, Western Chapter
                 MELISSA DANIEL, Arkansas Legislative Audit, Camden, Southeast Chapter
           LYNNTIA DELAWARE, Bill Hillary & Chelsea Clinton Foundation, Little Rock, Central Chapter
                 SUZANNE JONES, Cook, William P & Associates, El Dorado, South Chapter
                   PRESTON KORDSMEIER, Gaith & Hollenberg, Conway, Central Chapter
                  TODD MCCAULEY, Garland & Greenwood CPAs, Conway, Central Chapter
                    SCOTT PILCHER, Smith Mayfield LLC, Jonesboro, Northeast Chapter
                 SYDNEY THANE, Grier Reeves & Lawley PC, Texarkana, Texarkana Chapter
                LUKE VERA, Crystal Bridges Museum of American Art, Bentonville, Northwest

                                               Associate Members
                         SIMON ARECHIGA, Pierce Firm PLLC, Lowell, Northwest Chapter
                        LONDON BYRD, Pierce Firm PLLC, Bentonville, Northwest Chapter
                   HRISHIKESH DESAI, Arkansas State University, Jonesboro, Northeast Chapter
                   JORDAN HORNER, Garland & Greenwood CPAs, Hot Springs, DeGray Chapter
                      TIMI KINDER, Welch Couch & Company PA, Calico Rock, Ozark Chapter
                            MICAH LAREY, Emrich & Scroggins, Fouke, South Chapter
                    DOVIE MITCHELL, Rasco Winter Thomas Group, Malvern, DeGray Chapter
                  JAYNEELBHAI PATEL, Rasco Winter Thomas Group, Sherwood, Central Chapter
                     ANNA STARR, Garland & Greenwood CPAs, Hot Springs, DeGray Chapter

                                                   Student Member
                 HEATHER CLARK, University of Arkansas Fort Smith, Van Buren, Western Chapter

                   IN MEMORIAM                                        TED M. HAMMETT                ROBERT A. MILLER
                   The Arkansas Society of Certified Public      TX Certificate #38865 (1985)       Certificate #795 (1967)
                   Accountants deeply regrets the loss of the   University of Arkansas Monticello    Retired Life Member
                   following members:                                       Monticello                     Sherwood

    Arkansas Society of Certified Public Accountants
                                                                   21                                                June 2021
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Arkansas Society of Certified Public Accountants
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                                                                               June 2021
2021 RIA FEDERAL TAX HANDBOOK
                                     Special Pricing for ARCPA Members
                                                        $55 per Copy

                                                Order your copy and Save over 55% off
                                                            the retail price!

                                                           (Retail cost $126.00)

                                                 Limited quantity available.
                                                          Softcover printed book

The RIA Federal Tax Handbook, 2021 Edition will help in preparing 2020 federal income tax returns and
provide specific guidance to tax consequences of transactions. The RIA Federal Tax Handbook will reflect all tax
laws enacted up to the time of its publication late this year.

For late or yet-to-be-enacted legislation that may affect current and future tax years after you receive your
Handbook, go to: ria.thomsonreuters.com\federaltaxhandbook

Order your RIA Federal Tax Handbook through ARCPA.
                                             2021 RIA FEDERAL TAX HANDBOOK ORDER FORM

Name ________________________________________________________________________

Firm/Company ________________________________________________________________

Street Address (No PO Boxes Please) ________________________________________________

City/State/Zip _________________________________________________________________

Phone _______________________________________________________________________

                                                Please place my order for the following:

                              ______ RIA 2021 Federal Tax Handbook @ $55 per copy = $ __________

Payment Method: ( )Company Check ( )Personal Check ( )AMEX ( )Visa ( )MasterCard

Credit Card Number: _____________________________________________________
Expiration Date: _________________________________________________________

                             Return form and payment to:
                                                                        Fax form and credit card
                               Arkansas Society of CPAs                        payment to:
                             11300 Executive Center Drive                    (501) 664-8320
                              Little Rock, AR 72211-4352                Email: rharris@arcpa.org

  Arkansas Society of Certified Public Accountants
                                                                  23                                     June 2021
We’re down
           to the FINAL                                            HOURS
There’s still time to make a difference – become an Arkansas PBS member by June 30!

                                 Every hour of programming on Arkansas PBS
                              is made possible by support from viewers like you.
                               Help us meet our challenge of adding 3,000 new
                           members by June 30 to continue bringing you the series
                           you love. That’s one member an hour from now until the
                                  end of June. If we meet the challenge goal,
                              the generous members of our Ambassadors Circle
                                         will donate additional funds.

                                    JOIN NOW at myarpbs.org/donate

                                    NEW MEMBER CHALLENGE
Arkansas Society of Certified Public Accountants
                                                    24                              June 2021
Arkansas Society of CPAs Student Education Fund
                         Awards $59,300 in Scholarships
 The Arkansas Society of CPAs Student Education Fund recently held its annual meeting at the end of
 February to award scholarships. This year, the ARCPA Student Education Fund awarded a total of $59,300
 in scholarships to thirty-five accounting students attending Arkansas colleges and universities, who intend to
 sit for the CPA Exam.

 Selections were made by the ARCPA Student Education Fund Board. The students’ college or university
 accounting department chairs submitted the students’ applications for consideration of the scholarships.
 The ARCPA Student Education Fund scholarship program rewards academic excellence and encourages
 promising accounting students to pursue careers as CPAs. The following students have been selected to
 receive scholarships for the 2021-2022 academic year:

Arkansas State University                                       UA Fayetteville
     Colby Crossfield     $2,800 in memory of Phil                   Victoria Scerbo          $1,800 Friday Eldredge
                                  Jones                                                       & Clark, LLP scholarship
      Allison Sammons             $1,600                              Erica Roberts           $1,600
      Madison Brown               $1,600                              Rachel Eberle           $1,600
      Jared Barham                $1,600                              Laura Loomis            $1,600
      Carly Clement               $1,600
      Abigail Smith               $1,600                        UA Fort Smith
                                                                     Lea Sappington           $1,800
Henderson State University                                           Diep Pham                $1,600
     Monica Tedford      $1,800
     Jovon Simon         $1,600                                 UA Little Rock
     Jason Caple         $1,600                                       Aleigha Smith           $1,800 in Memory of
     Abby Trammell       $1,600                                                               Lucian Shockey
                                                                      Nicole Reid             $1600 in Memory of
                                                                                              Barbara S. Angel
Hendrix College                                                     Lauren Herren             $1,600
     Joshua Cole                  $1,800 in Memory of
                                  Barbara S. Angel
                                                                    Dillon Booth              $1,600
      Zoe Kobriger                $1,600                            Margaret Hardeman         $1,600
      Levi Jones                  $1,600                            Kayla (Lames) LaFarlett   $1,600
                                                                UA Monticello
Southern Arkansas University                                        Jake Harris               $1,800
     Anna Griffin       $2,300 in memory of                         Heather Henley            $1,600
                                  William P. and Jane C. Cook
      Savannah Knotts             $1,600                        University of Central Arkansas
                                                                     Kaidan Zheng            $1,800 Friday Eldredge
                                                                                              & Clark, LLP scholarship
                                                                      Devin Gilbert           $1,600
                                                                      Tristen Porter          $1,600
                                                                      Logan O'Donnell         $1,600
                                                                      Hayden Webb             $1,600
                                                                      Connor Wilson           $1,600

                                                           Since 2005, ARCPA Student
                                                        Education Fund has awarded over
                                                           $ 665,000 in scholarships.

 Arkansas Society of Certified Public Accountants
                                                                25                                            June 2021
2021 TAX
                                                                                                GUIDE FOR
                                                                                                THE ARKANSAS
                                                                                                LEGISLATURE

                                                                              ARCPA published a 2021 Legislative
                                                                              Tax Guide. The guide is intended
     Check out ARCPA Marketplace for the Latest                               to provide tax information unique to
         Classified Ads and Job Postings.                                     members of the Arkansas Legislature.
                                                                              The guide features a Q&A format to
  On the Marketplace, you can view listings or create your own                address frequently asked questions.
  listing! Options for posting a job or classified are 30, 60, or
  90 days. All listings are subject to review by ARCPA staff and              Complimentary copies were mailed
  will become active once approved (usually within 1 business                 to all Arkansas senators and
  day).                                                                       representatives. A hard copy can be
                                                                              requested by contacting Robin Harris
  For more information, www.arcpa.org then Click on                           at 501-664-8739, or email to
  Marketplace.                                                                rharris@arcpa.org.

                                                                             ARCPA Student
                                                                             Education Fund
                                                                      Each year the Student Education Fund awards
                                                           scholarships to qualifying accounting majors attending
                                                                four-year colleges and universities in Arkansas. The
                                                                   Student Education Fund is supported entirely by
                                                         contributions. It is a 501(c)(3)non-profit corporation, and
                                                            gifts to the Student Education Fund are tax deductible.

                                                                     DONATE TODAY!

                                                   For more information contact Robin Harris, rharris@arcpa.org

Arkansas Society of Certified Public Accountants
                                                        26                                            June 2021
ARCPA Day of Service
                                Friday, November 12, 2021
          Join us as we give back to our communities!

Join with ARCPA and the rest of your profession on
Friday, November 12, and make a difference! You can
choose ANY volunteer activity you want! Some ideas
include helping out at an animal shelter, assembling
care packages for deployed troops, or cleaning up a
neighborhood park. The volunteer options are endless.
For a list of possible volunteer opportunities, please
contact Robin Harris, rharris@arcpa.org.

How it works:
                                        1. Choose an organization to volunteer for and contact them directly
                                           to make arrangements for you or your group to volunteer on
                                           November 12th.
                                        2. Register your volunteer activity plans with us.
                                        3. Receive a FREE ARCPA Day of Service t-shirt upon registering! T-
                                           shirts are free to ARCPA members while supplies last, and can be
                                           purchased by non-members at a nominal fee.
                                        4. On November 12th, wear your t-shirt and be sure to take photos of
                                           your activity and send them to us; or share them on social media
                                           using #ARCPAvolunteer, or #ARCPADayofService so we can
                                           showcase your volunteerism on our website and Facebook page.

   ARCPA members will receive a FREE t-shirt when signing up by October 1st or while
   supplies last. Non-members may purchase a shirt for $10 each, if ordered by October
    1st or while supplies last, by calling Robin Harris at (501) 664-8739 to order.

                  Sign up as an                                               Sign up as a
                    individual                                                   Group
 Arkansas Society of Certified Public Accountants
                                                                   27                             June 2021
                              CONTACT US            501.664.8739   RHARRIS@ARCPA.ORG
MEMBER NEWS

Include Your Firm in the 2021-22 Guide to Public Accounting
We want to help you in your efforts to recruit and hire future staff accountants! The
Arkansas Society of CPAs is preparing its printed Guide to Public Accounting Firms
for distribution to accounting students at Arkansas’ colleges and universities.

The guide will assist students and pre-professionals by providing them a free directory
of public accounting firms throughout Arkansas and surrounding cities. This guide will
also help public accounting firms gain exposure to students preparing to begin careers in
accounting.

The guide will be distributed to the accounting department heads of Arkansas’ colleges
and universities. Further, each ARCPA student member will receive a personal copy. The
guide will also be available for students to view and/or download as a PDF document on
the ARCPA website.

To have your firm’s information included in the Guide free of charge, please designate one person from your firm
to complete and return the attached form no later than August 23, 2021.

                                  Guide to Public Accounting Firms in Arkansas
                        Please include the information exactly as it appears below for my firm:

   Arkansas Society of Certified Public Accountants
                                                           28                                             June 2021
You can also read