New York State Society of CPAs
Entertainment, Arts
and Sports Committee
Committee Action Plan
Who We Are
The Entertainment, Arts and Sports Committee is a resource to NYSSCPA members
regarding emerging, as well as on-going, accounting, tax, and business matters,
issues, and trends relevant to the entertainment and sports industries, as well
as the arts.
What We Do
The Committee provides the following technical, educational, and networking
activities:
• Addresses technical questions from NYSSCPA members.
• Provides a liaison between NYSSCPA members and the Internal Revenue
Service (special task forces and divisions exist that deal with taxpayers in our
affected industries).
• Provides a forum for NYSSCPA members
representing talent to exchange ideas and information with NYSSCPA members
representing entertainment and sports businesses, as well as artists
• Provides the opportunity to comment on exposure drafts that affect
the businesses of entertainment and sports, as well as
artists
• Monitors accounting and reporting issues and pronouncements
affecting the businesses of entertainment and sports, as well as artists
• Monitors Federal and State legislation relating to the tax laws that
affect the businesses of entertainment and sports, as well as artists
• Conducts educational conferences and technical sessions relevant to
NYSSCPA members as well as the communities at large that serve the businesses of
entertainment and sports, as well as artists
• Provides networking
opportunities to NYSSCPA members at committee meetings, technical sessions, and
conferences
• Disseminates information through articles and commentary
in professional publications, and other media
• Responds to media
requests made to the NYSSCPA regarding entertainment and sports, as well as
artists
• Compiles statistical information on the entertainment and
sports industries in New York State
Who Should Join
NYSSCPA members and associate members who have expertise in or who desire to
expand their knowledge in the areas of entertainment, arts and sports
Benefits of Committee Membership
Committee membership helps NYSSCPA members:
• Gain experience and share experiences in the fields of entertainment,
arts and sports
• Get answers to specific practice problems and issues
from the experiences of others
• Enhance their reputation through
active participation in committee activities
• Gain media exposure when
responding to requests for expert opinions from the media
• Improve
their self esteem through contributions to the committee and the communities at
large that serve the businesses of entertainment and sports, as well as the arts