New chairman takes reins at October council meeting.Jimmy L. Williamson of Alabama is the new chairman of the AICPA AICPASee American Institute of Certified Public Accountants (AICPA). Board of Directors. His term, which became effective at the fall governing Council meeting, will expire in Oct. 2007. He previously served a three-year term as a member of the board. Williamson also served on the AICPA governing Council as the elected AICPA Council representative from Alabama. His involvement with the AICPA included chairing the Grassroots Mobilization Team for the Institute's 360 Degrees of Financial Literacy campaign. In this capacity, he was responsible for developing and capturing the best practices of basic financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against and working with state CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. societies to facilitate and promote CPA volunteerism in local communities nationwide. Williamson is a senior partner and stockholder in the Alabama accounting firm of MDA (1) (Monochrome Display Adapter) The first IBM PC monochrome video display standard for text. Due to its lack of graphics, MDA cards were often replaced with Hercules cards, which provided both text and graphics. See PC display modes and Hercules Graphics. Professional Group, P.C. He specializes in fraud detection and prevention, pension and profit-sharing plans, fringe benefits fringe benefits, n.pl the benefits, other than wages or salary, provided by an employer for employees (e.g., health insurance, vacation time, disability income). , nonqualified deferred compensation plans, estate and personal financial planning, and individual and corporate tax planning. His first "Chair's Corner" column in The CPA Letter appears on page 4. To read his inaugural speech, visit: www.aicpa.org/download/news/2006/williamson_speech.pdf |
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