Tag: Troy Biddix

niversity of Michigan Announces Inductees for 2018 Hall of Fame

University of Michiganpic
University of Michigan
Image: umich.edu

Since 1987, Troy Biddix has served as partner for Deloitte Tax found in Detroit, Michigan. Although he earned his undergraduate degree from Eastern Michigan University, Troy Biddix enjoys following college football at the University of Michigan.

In September 2017, the University of Michigan announced the inductees for its 2018 Hall of Fame class. The university established the Hall of Fame in 1978. In order to be nominated, student-athletes must be a NCAA champion or member of the school’s national championship team, Olympic medalist, All-American or all-conference, record holder, conference or NCAA conference player of the year, or professional champion.

The seven nominees will be honored at the school in the spring of 2018 and include the following:

Mary (Fischbach) Jones for women’s swimming and diving became the university’s first female NCAA champion in 1988.

Gil LaRose for men’s gymnastics earned the all-around crown, vault, and horizontal bar at the 1963 NCAA championship.

Novard “Snip” Nalan for wrestling was a two-time NCAA champion in 1953 and 1954.

Lisa (Larsen) Rainsberger for women’s track and field and cross country was a two-time All-American in cross country in 1981 and 1982.

Marty Turco for ice hockey led the university to two NCAA titles in 1996 and 1998 and holds university records for career wins.

MaliVai Washington for men’s tennis was named ITA National Player of the Year and Big Ten Athlete of the Year in 1989.

Charles Woodson for football was the only primary defensive player of the year to win a Heisman Trophy.


Detroit Tigers Acquire Young Pitching Prospect from the Angels

Elvin Rodriguez pic
Elvin Rodriguez
Image: milb.com

A tax partner at Deloitte Tax in Detroit, Michigan, Troy Biddix has served the firm since 1987. In his free time, Troy Biddix enjoys traveling, spending time outdoors, and following sports. He cheers for local collegiate and professional teams, including the Detroit Tigers.

Detroit Tigers management added a promising prospect to the team’s farm system by acquiring pitcher Elvin Rodriguez from the Los Angeles Angels. Rodriguez comes to the Tigers as the remaining piece in a late-August trade deal that sent left fielder Justin Upton to the Angels.

Although he is just 19 years old, Rodrigues has played three minor league seasons with the Angels organization. Over his career, the six-foot-three, 160-pound right-hander out of the Dominican Republic has maintained a 2.91 ERA and posted 61 strikeouts in 68 innings of play.

Despite his lack of experience beyond Class A ball, the Tigers see the potential for Rodriguez to develop into a starting pitcher in the majors. With Detroit, he will likely spend a few years growing and developing his pitch rotation before he sees any big-league innings.

AICPA Releases Revenue Recognition Guidelines

AICPA  pic
Image: AICPA.org

Serving as a partner with Deloitte Tax in Detroit, Michigan, since 1987, Troy Biddix is a 1994 taxation MS graduate of Walsh College. In addition to his day-to-day work, Troy Biddix is a longtime member of the American Institute of Certified Public Accountants (AICPA).

AICPA recently released a new online version of its Revenue Recognition Audit & Accounting Guide to help organizations prepare for comprehensive reviews of their finances. The guide is an all-encompassing resource that helps companies and nonprofits get a firm grasp on new accounting rules and standards as they relate to classifying revenue, as well as how the audit process for these sources works.

AICPA’s Industry Revenue Recognition Task Forces, Revenue Recognition Working Group, and Auditing Revenue Task Force were responsible for assembling the guide. It gives an overview of different revenue types and their recognition under Generally Accepted Accounting Principles, as well as examples of inappropriate revenue recognition. The guide also outlines key elements of the audit process, including the auditor’s responsibilities, mitigating risk, and other challenges.

Child Sponsorship with Compassion International

Compassion International pic
Compassion International
Image: compassion.com

As a lead tax partner with Deloitte Tax, Troy Biddix handles tax delivery services from the international company’s Detroit office. A member of professional groups such as the Michigan Association of Certified Public Accountants, Troy Biddix also supports various charitable organizations within his community and beyond. Among these is Compassion International, a Christ-centered ministry committed to holistic child development around the world.

Validated as effective by a decades-long research study, the child-sponsorship program from Compassion International has been shown to have a significant impact on the educational and employment outcomes of participating children. The program offers the opportunity for sponsors to change the life of a child living in extreme poverty by offering monthly financial support, as well as praying for and exchanging letters with the child. For an average of $25 to $45 a month, sponsors fund educational fees and school uniforms, as well as healthcare and supplements to protect against malnutrition. To learn more or to sign up to sponsor a waiting child, visit www.compassion.com.

The CPA Horizons 2025 Report

Horizons 2025 Report pic
Horizons 2025 Report
Image: aicpa.org

A partner with Deloitte in Detroit, Michigan, Troy Biddix holds a bachelor of science in accounting from Eastern Michigan University in Ypsilanti and a master of science in taxation from Walsh College in Troy, Michigan. In conjunction with his nearly three decades of experience as a professional accountant, Troy Biddix holds active membership in the American Institute of Certified Public Accountants (AICPA).

In addition to developing and grading the Uniform CPA Examination, the AICPA is nationally recognized as an industry rule-making and standard-setting organization. One of its recent initiatives is the CPA Horizons 2025 Report.

The origins of the CPA Horizons 2025 Report date back to 2011’s CPA Vision Project, a grassroots profession-wide initiative that collected the insights of CPAs, business leaders, industry regulators, and other innovators with specific expertise in public accounting. The CPA Horizons 2025 Report drew upon this extensive survey to compile and analyze more than 75,000 comments and to chart the evolving future of the CPA profession. The findings of the report stress the importance of embracing globalization and updating core services to stay competitive amid constantly changing economic, political, technological, and regulatory fronts.

Gleaners Community Food Bank Oversees Cooking Matters Courses

Cooking Matters pic
Cooking Matters
Image: gcfb.org

A tax services professional with nearly three decades of experience, Troy Biddix serves as a partner at Deloitte Tax in Detroit. Outside of his professional activities, Troy Biddix dedicates his time and resources to a number of local organizations, including Gleaners Community Food Bank (GCFB) of Southeastern Michigan.

GCFB has worked to reduce food insecurity across five Michigan counties since 1977. As part of these efforts, the organization distributes food to soup kitchens, food pantries, and shelters while overseeing a variety of outreach programs, including Cooking Matters.

Launched by Share Our Strength, Cooking Matters is a nutrition education program that teaches individuals and families at risk of hunger how to prepare nutritious, budget-friendly meals at home. Under the guidance of trained instructors, Cooking Matters participants take part in a six-week course focused on nutrition, meal preparation, grocery shopping, and food budgeting.

At each weekly session, participants receive groceries so that they can practice their cooking skills and prepare healthy meals for their families. Cooking Matters is open to people of all ages and organized into six specific curricula programs directed toward adults, parents, kids, teens, families, and childcare providers. For more information about Cooking Matters or other GCFB offerings, visit www.gcfb.org.

Big Game Hunting – Deer

Big Game Hunting pic
Big Game Hunting
Image: michigan.gov

Troy Biddix, a partner with Deloitte Tax in Detroit, Michigan, enjoys spending much of his free time outdoors. An experienced hunter, Troy Biddix likes to pursue big game, particularly deer.

When hunting big game, one of the most important factors to consider is the behavior of the target animal. Understanding the species’ habits, such as where they eat, sleep, and travel and what types of other animals they like and fear, can help the hunter track the quarry down.

Deer, for example, feel most comfortable around other prey animals. Many hunters take advantage of this preference by using a turkey call to tell the deer that other vulnerable creatures are comfortable in that place.

Deer hunters also know to target high ground near heavy cover. Deer tend to bed down in these areas, particularly in the middle of the day. To avoid being seen or heard, the hunter attempts to approach from a downwind area and move very slowly.

Hunters may be able to track a deer heading for a bedding spot by circling away from the path and then moving alongside it. The hunter must continue to move with caution and look out for motion. Fleeing deer are afraid and have noticed something amiss, whether that is the hunter or another party.

A hunter may in some cases be able to take advantage of fleeing deer. Startled animals often head for high ground, and the hunter may be able to follow them if he or she can remain unseen. Similarly, a hunter who goes out after a weather event may have the chance to catch deer in an area with plentiful food, where they are less likely to be on their guard.