PRESIDENT'S PERSPECTIVE


New Year and Beyond

Our new year has begun and RISCPA’s staff is up and running. While last year presented several challenges –particularly, our move to our new home in Cranston – overall, we fared quite well.

We’ve introduced our Center for Business Education (CBE) platform, achieved new heights through our networking events, increased our advocacy through our affiliation with the RI Business Coalition – we were successful in influencing the reduction of the corporate income tax to 7%, and in eliminating the estate tax cliff and increasing its associated exemption to $1.5 million – and, moved our Bylaws into the current century. The introduction of RISCPA’s Professional Affiliate Member (PAM) and opening member opportunity to financial professionals in business and industry has also been very beneficial since the Business & Industry category currently comprises 40% of our member base.

The year, we proudly unveiled the Atrion Education Center at RISCPA.  Our Society has taken a giant step by embracing the strength of one of the Ocean State’s premier home-grown entities, Atrion Networking Corporation. We’ll be looking to partner with Tim Hebert, CEO and his talented team, to offer interesting programs tied to leadership training. When coupled with our recent collaboration with URI’s Small Business Development Center (SBDC), we’re excited about creating a more comprehensive environment for CPAs and the business community as a whole.

Operationally, we’ve contracted with industry leader, iMarc, to transform our website while completing the final connectivity phase to our main frame, AM-NET. This will provide us with enhanced capabilities including user-friendly navigation and easy retrieval of marketing data necessary to respond to the needs of our member population.

April was a special month for RISCPA as we held our annual meeting, award recognition and networking program. On April 21st, we hosted nearly 200 guests at the Providence Marriott Hotel. As always, it was a pleasure to present awards and scholarships to aspiring young individuals and industry leaders, as well as recognize the profession’s newest CPAs.  This year’s RISCPA Mission Award was presented posthumously to David Morganelli, CPA, Esq.  Leaving us much too early in life and career, David represented our Society well as Chair of the Tax Committee. He also served as an attorney with the RI firm Partridge, Snow & Hahn, proudly representing his communities.

I would like to thank RISCPA’s operational team of Denise Jacobson, Susan Breen and Ellen Decataldo.  Without their diligent efforts, RISCPA could not run smoothly. We’re also privileged by a forward thinking Board, eager to support our many ideas and programs.

On behalf of our staff and Board, it’s a pleasure working for you. Thank you for your support. And remember, “There’s never been a better time to be a CPA.”


Bob Mancini