New York CPAs Elect New President

The New York State Society of CPAs installed Sharon Sabba Fierstein as its new president.

Fierstein is a partner in the litigation and corporate financial advisory services group at Marks Paneth & Shron, leading the firm's efforts in consulting and litigation services relating to mortgage banking (including subprime), conventional lending institutions and regulatory agencies.

At the NYSSCPA, she has been chairing the society's Quality Enhancement Policy Committee, which has been looking into New York State's plan to increase the education requirement for taking the CPA Exam from 120 to 150 hours.

In her new role as president, she will lead the NYSSCPA in its educational, advocacy and recruitment efforts. She will visit all 16 chapters throughout the state, and meet with legislators and representatives of the State Education Department and the State Board of Accountancy to further the society's goals, including accountancy reform in New York.

"Ultimately, it is the consumers of CPA services who dictate the level of quality that is expected of CPAs," said Fierstein in a statement. "The public demands and deserves CPA professionals who understand the complexities of accounting, auditing and tax, as well as the basic concepts underlying general business, ethics and corporate management."

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