TXCPA Dallas

November 2019 Newsletter


In This Issue…

  • Chairman's Message
  • CPE
  • Events
  • Convergence 2020
  • Giving Back
  • Membership
  • Announcements
  • Classifieds

Chairman’s Message

By Bill Sims, CPA

Welcome, November, the month traditionally set aside for gratitude and giving back. November is also the Texas Society of CPAs’ (TXCPA) Month of Giving, and we have some excellent opportunities for you to demonstrate your gratitude by participating in this charitable initiative that contributes substantially to the community that supports us.

On November 9, 16 and 30, we’ll be making sandwiches for the homeless at TangoTab’s Feed the City program, and on November 19, there’s a chance to help out the Collin County Children’s Advocacy Center by wrapping boxes for their annual holiday toy collection project. You can register for any or all of these events by clicking here. On November 15, our young professionals will once again be co-sponsoring the annual social event Fall Fest, along with several other young professional associations from the Dallas area. This event is always a hit and benefits Big Brothers Big Sisters of Greater Dallas. You can find out more about Fall Fest here. We are very blessed and there are many opportunities this month to reach out and give generously to those in need; I urge you to take part in as many as possible!

Speaking of humanitarian service, we are teaming again with The Dallas Foundation to co-sponsor the 2nd annual Young Philanthropy Award. This program honors the outstanding charitable activities of TXCPA Dallas members, 40 years old and under. Finalists will be honored and the winner announced at the Annual Meeting of Members in January. You can read more about this project elsewhere in the newsletter.

Other fun TXCPA Dallas happenings through the end of the year include the November Thirsty Thursday gathering on November 21, at Blue Mesa Grill on Montfort Road. Another event I know you’ll want to attend, the Annual Holiday Partywill take place this year again at Park City Club on December 10. Come and help us celebrate the holiday season, TXCPA Dallas style!

If you’re in need of CPE, we have the second of our 2019-20 Member Appreciation CPE Series events coming up on November 12, and the third is scheduled for December 19. Ethics courses are available on November 14 and December 6, as well as CPE courses in the chapter training facility on November 21 and December 9. Be on the lookout for the opening of Convergence 2020 registration, coming soon. Watch your email inbox and our website, as you’ll want to take advantage of Early Bird pricing and secure your spot for this outstanding event.

You may have received already a member satisfaction survey from TXCPA. This is an important undertaking that will help guide our organization, locally and statewide, into a more successful and meaningful future. I strongly encourage you to assist in that mission by taking a moment to share your opinions on this survey.

We also encourage everyone to stay abreast of TXCPA Dallas happenings by joining our LinkedIn group. Join and be informed of new classes, social events and other important information related to your association.

In this season of thanksgiving, I’d like to express my appreciation and gratitude to you for your support of our organization and all the others in North Texas. You perform a great service, and we at TXCPA Dallas are thankful for each and every one of you!

Bill Sims, Chair

2019-20 Board of Directors


Ethics Courses – LIVE!!!

October – December 2019


TXCPA Dallas is pleased to offer the required, State-approved, 4-hour Ethics course.



TXCPA Dallas Office

12400 Coit Road, Suite 750

Dallas TX 75251


This course is taught by Dr. Richard Mark.


Description: The course examines all of the various components of ethical issues essential to any CPA’s practice in the State of Texas. A main objective of the course is to work with CPAs to identify and reach satisfactory conclusions about ethical issues in all phases of public, corporate and governmental practice. To accomplish this objective, the course examines ethical principles and concepts, ethical reasoning, corporate governance and fraud, the impact of culture and human behavior on ethical conduct and applicable current Texas Rules of Professional Conduct through an interactive class environment.

Objective: To gain a better understanding of how a CPA’s ethical standards impact daily decision-making in practice and business.

Course No.

20600614 – Thursday, Nov. 14, 8 a.m.-12 p.m.

20600714 – Friday, Dec. 6, 8 a.m.-12 p.m.

20600814 – Wednesday, Jan. 22, 8 a.m.-12 p.m. 

Level: Basic

Prerequisite: None

Format: Classroom

Credit Hrs. 4

Sponsor No. 441

Cost: $120 (Member)

$150 (Non Member)

To register for these courses, please click here.


Member Appreciation CPE Series

Tuesday, November 12, 2019

Plan to join your fellow TXCPA Dallas members for the very popular

Member Appreciation CPE Series


Tuesday, November 12, 2019

12:30 p.m. – 4:30 p.m.

in the

Community Room

of the

Communities Foundation of Texas



5500 Caruth Haven Lane

at North Central Expressway

Dallas, Texas 75225


Legislative Update

Representative Jeff LeachTexas House of Representatives

Representative John TurnerTexas House of Representatives

Course Description: This session is designed for Texas CPAs and other accounting professionals to provide them with an update on the outcome of the 2019 Texas legislative session. It will also overview other business and tax issues that are relevant to the clients of CPAs, as well as issues for the next session of the legislature in 2020.

Learning Objectives: Participants will receive an update on the outcome of the 2019 Texas legislative session and what might be expected in the upcoming session that begins in January.

Course Level: Basic/Update

Prequisites: None


Texas State Board of Public Accountancy – 2019 Update

Dan WeaverDirector of Licensing/CPE/Peer Review/UPPA, Texas State Board of Public Accountancy

Course Description: Odd numbered years take on a greater level of importance for state agencies as the Texas Legislature comes to Austin to wrestle with policy issues and pass a budget. The TSBPA successfully navigated an every 12 year review by the Sunset Commission during the 86th Texas Legislative session. In this session participants will learn valuable information about the ongoing operations of the Board with a special emphasis on the outcomes from the latest legislative session that impact all Texas CPAs. We will also get an update on the current national discussion on “CPA Evolution.”

Learning Objectives: Attendees will hear:

  • TSBPA overview – current initiatives
  • Outcomes from the 86th Texas Legislature and the impact for Texas CPAs
  • CPA Evolution – a national discussion

Course Level: Basic/Update

Prerequisites: None


TXCPA Professional Issues Update

Lei D. TestaPrincipal, CliftonLarsonAllen and Chairman, Texas Society of CPAs

Course Description: Take a deep dive into relevant and timely issues facing CPAs in Texas and learn what your professional association is doing to empower TXCPA members to lead and succeed in this ever-changing business environment. Capitalize on an opportunity to share ideas and learn from others in this interactive, engaging and informative session.

Learning Objectives: The instructor will:

  • Provide updates on the latest issues facing the accounting profession;
  • Outline resources to help CPAs and other accounting professional become aware of and adapt to recent changes; and
  • Offer an opportunity for attendees to share solutions with one another.

Course Level: Basic/Update

Prerequisites: None


Date:                     Tuesday, November 12, 2019

Time:                    12:30 p.m. – 4:30 p.m.

Location:              Communities Foundation of Texas

5500 Caruth Haven Lane, Dallas, TX 75225

Course #:              20120615

CPE Credits:         4

Category:              Basic/Update

Prerequisites:       None

Cost:                     Member / $35

Non-Member / $160

To register for this event, click here.

Save the date for these upcoming

2019-20 Member Appreciation CPE Series events:

 Tuesday, December 18, 2018

Tuesday, January 8, 2019

All seminars begin at 12:30 p.m. at the

Communities Foundation of Texas

5500 Caruth Haven Lane

Dallas, TX 75225

CPE Event

Thursday, November 21, 2019

TXCPA Dallas

invites you to a

CPE Event

The New Lease Accounting Standards…Topic 842

presented by

Stephen G. Austin, CPA

Managing Partner, Swenson Advisors


Ane Ohm, CPA

Co-Founder & CEO, LeaseCrunch

Thursday, November 21, 2019

8:00 a.m. – 12:00 p.m.

in the

TXCPA Dallas Training Facility

12400 Coit Road, Suite 750

Dallas, TX 75251

Course Description: This seminar will include the following discussions regarding Topic 842:

  • Understanding the new lease accounting standards…Topic 842.
  • How to approach the topic. Key project management lessons learned.
  • How to handle challenges with lease document discovery and finding embedded leases.
  • Organizing to address pre-implementation elections and post-implementation lessons.
  • How to audit the results of the new standards.
  • Overview of a popular lease accounting software.


Learning Objectives: Participants will receive:

  • A thorough understanding of the lease accounting framework.
  • Instructions on how to address the practical expedients.
  • An understanding of the differences between Topic 840 and Topic 842.
  • Instructions on applying strategies to uncover embedded leases.
  • Instructions on how to train and organize your team to handle these large projects.
  • Instructions on addressing new internal controls at transition and after transition.
  • Instructions on addressing process changes for supply chain and finance and accounting.
  • Instructions on identifying audit risks with renewal options and discount rates.
  • Instructions on gathering the information to flow into expanded footnote disclosures.
  • Instructions on how to test for completeness on the balance sheet.


Course Level:       Basic/Technical

Prerequisites:       None

Course #:               20540613

CPE Credit Hours: 4

Date:                      Thursday, November 21, 2019

Time:                      8:00 a.m.-12:00 p.m.

Location:               TXCPA Dallas Training Facility

12400 Coit Road, Suite 750, Dallas, TX 75251

Cost:                      $35/Members



To register for this event, click here.



November Thirsty Thursday

Thursday, November 21, 2019

Join us for our monthly networking event on

Thursday, November 21

6:00 -8:00 p.m.


14866 Montfort Drive

Dallas, TX 75254

(Plenty of parking, including an underground garage!)

This event is sponsored by


There is no cost,

but please click here to let us know you’re coming.

All TXCPA Dallas members are welcome!

See you there!

TXCPA Dallas Holiday Party

Tuesday, December 10, 2019

Come and enjoy some holiday cheer with your fellow Chapter members at TXCPA Dallas’ Annual Holiday Party, December 10th, 6:00 p.m. – 8:00 p.m. at Park City Club. Please RSVP here.

Convergence 2020

Convergence 2020



TXCPA Dallas is pleased to announce its

hallmark event of the year



Monday, May 4, 2020


Omni Frisco Hotel at

The Star


Circle the date on your calendars

and plan to attend the premier

accounting CPE event

in North Texas!


Watch this newsletter and your email inbox

for the opening of registration.

Convergence 2020

Convergence 2020

Thank You to Our Sponsors



Convergence 2020 Sponsorships are available!

Click here for details on how your company can participate.

Giving Back

Young Professionals Fall Fest

Friday, November 15, 2019


On the evening of Friday, November 15, TXCPA Dallas Young Professionals Group will join with several other young professional groups from the DFW area to present the 11th Annual Fall Fest. This event benefits Big Brothers Big Sisters, the country’s largest and oldest children’s mentoring program. For more information and to register, click here.


Holiday Collection Box Wrapping –

Children’s Advocacy Center of Collin County

Tuesday, November 19, 2019


On the morning of November 19, TXCPA Dallas volunteers will assist the Children’s Advocacy Center of Collin County in wrapping collection boxes in holiday paper in preparation for the organization’s annual Christmas shopping project for the needy families in their network. The event location is: 2205 Los Rios Blvd, Plano, TX 75074. If you would like to participate, please contact Kathy Syrkowski at 972-960-8311, or send an email by clicking here.

TangoTab: Feed the City Events


TangoTab launched the first Feed the City, a community engagement event, in January 2015. While not directly related to the company’s business model, which feeds people in need through the use of the TangoTab app, Feed The City has become a TangoTab cornerstone. Volunteers of all ages, races and religious beliefs work together to make meals for people less fortunate in their communities.


TXCPA Dallas is pleased to provide volunteer teams for these area Feed the City events again this year:

November 9

Bar Louie, The Shops at Park Lane

8166 Park Lane, Suite C310

Dallas, TX 75231

8:30am – 11:00am


November 16

City Works

3680 The Star Blvd. #1300

Frisco, TX 75034

7:45 a.m. – 10:00 a.m.


November 30

Bottled Blonde & Backyard

505 N. Good Latimer Expy.

Dallas, TX 75204

8:30am – 11:00am


To register for these events, click here.

TXCPA Dallas & The Dallas Foundation

Announce 2nd Annual

Young Philanthropy Award



TXCPA Dallas is proud to announce its collaboration with The Dallas Foundation again this year to recognize the outstanding contributions of CPAs under the age of 40 to the nonprofit community. The 2nd Annual Young Philanthropy Award will be presented at TXCPA Dallas Annual Meeting in January. For more information and to make a nomination, click here.

Family Outreach Dallas

Seeks Board Member



Family Outreach Dallas (www.familyoutreachdallas.org) is a partnership of community volunteers and professional staff working together to strengthen families. We provide information, support and education that every parent needs to nurture safe, healthy and happy children. Our evidence-based curriculum includes:

  • Parents As Teachers (Affiliate)
  • Triple P Positive Parenting Program
  • WHO – child safety program


Since our beginning in 1989, Family Outreach Dallas staff and volunteers have completed home visits with over 5,000 clients


Over 2,500 parents have completed a parenting class at Family Outreach Dallas.


More than 16,000 Dallas ISD children have participated in our W.H.O. Programs


This organization remains as the only Family Outreach Dallas group, out of an original 14+ that was originally begun by the CPS and funded by the State of Texas. In 2003 – 5, the state discontinued funding this entire organization and now we are the only group still functioning. We are in the process of transition to ensure continued longevity with the amazing success we have experienced in making a difference in lives of so many at-risk families. One of the steps we are taking is to expand our board, in size and view, beyond the current individuals who are previous CPS and state employees.


if anyone would be interested in getting better acquainted with us and possibly serving on our board, we would welcome them to visit our meetings, meet our staff and other board members. Thank you for sharing this message with your membership.


Please feel free to call with any questions at 214.923.2230.

Welcome, New Members!

Priyanka Agarwal, Student

Junaina Alani, Student

Fnu Ali, Student

Shan Syed Ali, Student

Delmi Barrientos, Student

Jessica Barron, Student

Dorey Marie Blakeslee, Student

Jared Timothy Bourcier, CPA

Alyssa Danae Box, Student

Rachel Huang Carroll, CPA

Daniel Alejandro Cedillo, Student

Chris Sung Choi, CPA

Paul David Christenson, CPA

Jason David Cook, CPA

Shannon Elizabeth Cotts, Student

Madalyn Amber Cox, CPA

Christopher Glenn Dean, Student

Qian Deng, CPA

Anthony William Devitt, Student

Kyle Don Dickerson, CPA

Amanda Nancy Dorsey, CPA

James Patrick Dougherty, CPA

Jamie Kristine Evans, CPA

Sabika Fawad, CPA

Terri Lynn Fayard, CPA

Elizabeth Morgan Fischer, CPA

Matthew Cole Friske, CPA

Hiteshkumar Dineshbhai Gandhi, CPA Heather Gayle Goodell, CPA

Debra Ann Goss, Student

Jena Kay Goud, CPA

David Francis Gutschenritter, Student Coleton Garrett Hervey, Student

Rae Anna Heuer, CPA

Minh Quang Hoang, Student

James Oliver Horsnall, CPA

Eric Hsu, Student

Austin Jared Huth, CPA

Mackenzie Elizabeth Joslin, CPA

Joshua Raymond Judge, Student

Carrie C. Justice, CPA

Derrick Njuguna Kabugu, Student

Naome Kadira, CPA

Madison Makinze Kauffman, CPA

Alan Kelly, CPA

Shelby Marie Kimber, CPA

Mathew Patrick Klauser, CPA

Benjamin Douglas Knutson, CPA

Nicholas Ryan Lamy, CPA

Nhi Le, Student

Austin Yuenfung Lee, CPA

Kang Min Lee, CPA

Kathryn Christine Leto, CPA

Shih-Min Lin, Student

Miao Liu, CPA

Binbin Lu, CPA

Jiaqi Lu, Student

Faisal Mashi, CPA

Seth Abram McDaniel, Student

Michael Dylan Meaders, Student Matthew Michael Mettler, CPA

Machelle Minhas, Student

Andrew David Monaghan, CPA

David Anthony Montoya, CPA

Aneesa J. Mulji, Student

Gonzalo R. Munoz-Zivkovic, Student Anna Liu-Mi Nelms, CPA

Tuan Minh Nguyen, Student

John Nguyen, Student

Nicholas Scott Novy, CPA

Anmar Oghanna, Student

Ali Nabil Omeis, CPA

Maggie Pang, Student

Juyeon Park, Student

Megh Patel, Student

Trevor Hoyt Peck, CPA

Chau Nguyen Minh Pham, Student Chifundo Lumanza Phiri, Student

Kerong Quan, CPA

Hossein Rashidinia, CPA

Bennett Robert Riefstahl, CPA

Shane A. Riley, CPA

Isaias Rincon-Plascencia, Student

Cande Rios, Student

Leighton Alan Rogers, CPA

Jordan Daniel Rosema, CPA

Jonathan David Ruiz, CPA

Antoine Rushing, CPA

Stephany Salas, Student

Fizza Samad, CPA

David Michael Schaefer, Student

Kaelyn Michelle Scoville, CPA

Elizabeth Nicole Seago, CPA

Daniel Barrett Spaeth, Student

Aaron Robert Steele, CPA

Regan Brooke Stewart, CPA

Russell Taft Stewart, CPA

Haley Summer Szafran, CPA

Brooks David Teeter, CPA

Withny Uribe Jimenez, CPA

Gari Ahomose Vargas-Juan, Student

Jing Wang, CPA

Anqi Wang, Student

Jing Wen, CPA

Samantha Leigh Wendt, CPA

Weldon Wessinger, CPA

Grant Thomas Willard, CPA

Gary Waylon Williams, Student

Gilberto Zeledon, Student

Xi Zhao, CPA

Xin Zhong, CPA

Jean Pierre Zuniga, Student

Each month, we will spotlight one of this year’s TXCPA Dallas Scholarship winners. Join us this month in getting to know University of Texas at Dallas (UTD) graduate accounting student, Zachary DeCamp, and welcoming him to TXCPA Dallas. 



In high school Zachary DeCamp was assured that he’d have the purpose and plan for his life figured out by graduation, but it didn’t quite turn out that way. After graduation, he spent a semester at a private college and one at a community college but still hadn’t found his passion. Then in 2015 he took an Introduction to Financial Accounting course and everything clicked into place. His career path was set.


Zachary attended Eastfield College in 2017, where he was named “Student Leader of the Year”. In the fall of that same year, he transferred to UTD where he has received the State Farm, Phi Theta Kappa Transfer, Comet Transfer, David L. Holmberg, and Jindal School of Management Professional Program in Accounting Scholarships. He has been on the Dean’s List and participated in both the Grant Thornton and Walmart Case Competitions in which his teams placed 2nd and 1st, respectively. He has served as a mentor in the UTD Transfer Mentor Program and as a member of the Undergraduate Dean’s Council. He holds an Associates degree in Liberal Arts and received his B.S. in Accounting, magna cum laude, in May of this year.


Zachary has interned at Pioneer Natural Resources and at Deloitte & Touche, where he will become a full-time auditor in the fall of 2020.


TXCPA Dallas welcomes and congratulates Zachary DeCamp.

Join TXCPA Dallas Referral Service

Let TXCPA Dallas Help You Grow Your Business!



As one of its member benefits, TXCPA Dallas offers a referral service. Members may become a part of this service by paying a small annual fee of $100. Those seeking the assistance of a CPA can call TXCPA Dallas and receive the name of a CPA closest to them with skills matching their needs. Our statistics show that 53% of callers who contact CPAs through the Referral Service become clients.


To learn more about the Referral Service, contact TXCPA Dallas at 972-960-8311.

Practices For Sale


Practices For Sale in North Texas: gross revenues shown: E. Texas (Tyler/Longview Area) CPA $787K; Mansfield CPA $514K; North TX CPA $1.060M; Texarkana EA $288K; The Colony Bkkpg $61K; Burleseon CPA $270K; E/SE CPA $290K; Grayson Co. CPA $365K; NE Texas CPA $209K; N. Dallas CPA $640K; Canton/Athens Area EA $266K; Hurst CPA $364K. For additional listings/information, call us at 1-800-397-0249 or visit us online at www.APS.net and register for free email updates.


THINKING OF SELLING? Accounting Practice Sales is located in North Texas and is the leading marketer of accounting and tax practices here and nationwide. We have a large buyer pool as well as the experience to help you find the right fit for your firm and negotiate the best price and terms. To find out more about our risk-free and confidential services, call Ryan Pannell with The Holmes Group at 1-800-397-0249 or send an email to Ryan@APS.net.

Practices Sought


Addison CPA interested in purchasing small local CPA practice with monthly gross revenue between $1,000 and $4,000 with a business client base of at

least 80%. Services include tax return preparation for business and owners, accounting, write-up, consulting, etc. I have just completed three successful buyouts, and I’m ready to acquire my fourth portfolio.


Please contact Scott at 972-960-8950 extension *#

TXCPA Chapter Tip Sheet

Express Yourself

Please tell us about your member satisfaction and how we can contribute to your professional success. Also, your response will help increase the validity of results for your chapter. Before Nov. 8, check your email in-box for a survey sent near the end of October and click your unique link to participate. For information, contact Bryan Garza (phone 800-428-0272 x 255 / 972-687-8555).


Nominations for B&I Award

TXCPA is accepting nominations for the 2019-2020 B&I Award. The award recognizes CPAs who work in business and industry and have made significant contributions through their influence and impact on others in the accounting profession. Login to form.


Learning and Networking

All TXCPA members are encouraged to attend the Midyear Board of Directors and Members Meeting, where you can earn CPE as you learn about cutting-edge profession issues. You’ll also strengthen your network with Society and chapter leaders from around the state. Make your plans now to join us Jan. 24-25, 2020, at the Omni Houston Hotel. Preliminary meeting information.


Financial Literacy

Do you enjoy speaking about personal finance and small business topics? If so, sign up for TXCPA’s speaker’s bureau. TXCPA is looking for CPAs to speak at community and civic programs and to the media. There are talking points, speeches and PowerPoint presentations to make each speaking opportunity as easy as possible. The speaker’s bureau is one way for CPAs to become involved in TXCPA’s ongoing Financial Literacy effort. To volunteer, email Kari Owen; phone Kari at 800-428-0272 ext. 688 or 972-687-8688.


Awards Nominations

It’s not too soon to be thinking about outstanding individuals to nominate for TXCPA awards in the spring. The information provided by the nominator plays the key role in the selection of recipients by the committee, so advance planning is encouraged. Review criteria for available awards categories. The deadline for submissions is in April 2020.