Breaking news this week – on Monday, May 13, 2019, the American Institute of Certified Public Accountants Private Companies Practice Section’s Technical Issues Committee (TIC) has sent a letter requesting the Financial Accounting Standards Board to delay the implementation of a new lease accounting standard for private companies.

The standard was made effective for public companies at the beginning of 2019, with an effective date for private companies slated for the start of 2020. TIC’s letter asks for a delay of one year for private company implementation.

According to a May 13, 2019 Journal of Accountancy article:


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One of the Greater Houston Partnership’s most popular events of the year, State of the City, is happening next week, and our PKF Texans attending are excited to hear about what’s going on in Houston.

State of the City 2019 will be Mayor Sylvester Turner’s fourth address to the Partnership. Open to members and non-members,

In our continuing effort to help co-create solutions for business’ future, we offer the following ideas, insights and perspectives in the latest edition of the Leading Edge Digital Magazine. These thought leadership pieces are ready to be accessed any time, anywhere at LeadingEdgeMag.com/PKFTexas.

If you have topics you would like us to cover in future Leading Edge Digital Magazine editions, contact us. As always, we enjoy receiving comments and feedback from our clients and the friends of our firm.


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PKF Texas officially hosted its first not-for-profit seminar of 2019, and it was a success! Despite the heavy storms in Houston the previous night, attendees found their way to PKF Texas’ office for the morning seminar.

This first of three seminars, titled “Empower Your Not-for-Profit Board Members and Inspire Leadership,” was presented by Dini Spheris

As accountants and trusted business advisors, we enjoy working with you to co-create ideas and co-develop innovative solutions for your business. To supplement this, we also want to provide valuable information, including upcoming events that we support, and think may be of interest to you. 
  • Greater Houston Partnership
  • Turnaround Management Association – Breakfast Meeting
  • National

As an Audit Senior Manager with PKF Texas, working in a fast-paced, client- and market-facing environment, as well as being a wife and mother to seven-year-old triplets, life-work balance means something different to me than it does to others.

Recently I was listening to author and marketer, Nigel Marsh, speaking at TEDxSydney from May 2010. He introduced the challenges of maintaining a healthy life-work balance and broke it down into four subsets:


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As accountants and trusted business advisors, we enjoy working with you to co-create ideas and co-develop innovative solutions for your business. To supplement this, we also want to provide valuable information, including upcoming  Houston events that we support, and think may be of interest to you. 
  • Rice Alliance for Technology and Entrepreneurship
  • Turnaround Management Association

Next week, the Rice Business Plan Competition will host its 19th competition on April 4 – 6, 2019. PKF Texas is proud to be supporters once again, as well as the official accountants for the 10th year.

The Rice Business Plan Competition is the world’s richest and largest graduate-level student startup competition. It is hosted

K Carpenter Associates Inc. (KCA) is hosting its first Houston Energy Breakfast of the year on Friday, March 29, 2019 – “Evolving in the Energy Sector Means…” Once again, PKF Texas is a proud sponsor of this “can’t miss” networking event.

Attendees will hear from a lineup of speakers who offer their insight on sectors

Russ: This is PKF Texas – Entrepreneur’s Playbook. I’m Russ Capper, this week’s guest host, and I’m coming to you from the Gulf Coast Regional Family Forum. I’m with Del Walker, Tax Practice Leader at PKF Texas, and founding organizer of the forum. Del, great to have you.

Del: Russ, it’s always a pleasure, my friend. Always a pleasure.

Russ: We’ve completed now, your fourth, and this is my fourth interview with you after the completion.

Del: I know, and we are still so young, aren’t we?

Russ: That’s true, absolutely. But share your perspective from this 2019 version.

Del: We tried some things differently this year, a little bit. We’re always asking for feedback from our participants, and we’ve got some thoughts that were a little different than we’ve done in the past.


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