AICPA to Launch CFF Credentialing Exam Sept. 1 »
09/03/2010
Since its introduction in 2008, the AICPA has awarded the Certified in Financial Forensics credential to more than 3,900 professionals. Beginning Sept. 1, candidates will be required to successfully pass the newly introduced AICPA CFF qualifying examination. The 2010 examination cycle is scheduled for Sept. 29 through Oct. 29. Registration for the exam will begin Sept. 1 and last through Oct. 1.
IRS Issues Proposals to Implement Return Preparer Registration and Testing Plans»
08/20/2010
The Internal Revenue Service has published proposed changes to Circular 230 that would implement the registration and testing portions of its plan to regulate unenrolled tax return preparers. The changes would also conform the Circular 230 penalty standards to the revised §6694 standards applicable to tax return preparers.
Overview of AICPA's Certified in Financial Forensics (CFF) Credential »
06/30/2010
New for 2010 - Beginning September 1, 2010 you must pass the CFF Examination to attain the CFF Credential.The exam is scheduled for September 29th through October 29th2010. Registration for the exam will begin September 1st and last through October 1st.
Statements from the AICPA and Center for Audit Quality Regarding Supreme Court's Decision On PCAOB»
06/28/2010
2010 PCPS/TSCPA National MAP Survey '€" Online Now!»
05/26/2010
Ever wondered how your firm stacks up against other firms? Are you curious to know what technology or software firms from around the country are embracing? Or, how are other firms like yours managing through the economic recovery period? Find out by taking part in the CPA profession's premier benchmarking study - the PCPS/TSCPA National MAP Survey.
Optimism Jumps Among Manufacturing Finance Execs »
03/05/2010
Amid widespread uncertainty regarding government actions, the real estate market and credit, CPA financial executives expect slow employment and economic growth, according to a survey released last week and co-sponsored by the AICPA.
CPAs' Input Sought on IRS Proposal to Disclose Uncertain Tax Positions in Tax Returns»
02/24/2010
The AICPA is developing a response to the Internal Revenue Service's Announcement 2010-9 proposing that companies disclose uncertain tax positions on their annual income tax return filings. Members who would like to share their thoughts and concerns on this matter should e-mail comments to MemberinputonAnnouncement2010-9@aicpa.org. Submissions to this mailbox will be reviewed and considered as the AICPA works on its response. Note that the AICPA will not be able to address each submission directly.
New Compilation and Review Standard Addresses Many Small Firm Issues»
02/19/2010
At its final meeting of 2009, the AICPA's Accounting and Review Services Committee (ARSC) approved Statement on Standards for Accounting and Review Services (SSARS) No. 19, a new compilation and review standard that includes the most significant changes to the SSARSs since 1978.
Blue-Ribbon Panel May Lead U.S. to Different Accounting Standards for Private Companies»
02/05/2010
The AICPA and the Financial Accounting Foundation (FAF), with support from the National Association of State Boards of Accountancy, have formed a blue-ribbon panel to explore the future of standard setting for private companies, including whether separate, standalone accounting standards for private companies are needed. The FAF is the parent organization of the Financial Accounting Standards Board (FASB). The panel is expected to make recommendations this fall.
U.S. Comptroller General Should Be a CPA, Says AICPA»
12/31/2009
The AICPA recently announced its support of legislation introduced in the House of Representatives by Representatives Collin Peterson (D-MN) and Mike Conaway (R-TX) to require the U.S. Comptroller General to be a CPA. "Taxpayers are rightly demanding ever-increasing accountability and transparency from the U.S. government," said AICPA President and CEO Barry Melancon, CPA. "It is essential that the comptroller general have the education, skills, background, training, and discipline of a CPA."
Audit Committees Should Evaluate their Performance; AICPA Brief Shows How»
12/31/2009
Just as employees at businesses around the U.S. submit their self-evaluations in preparation for annual reviews, audit committees should consider conducting an annual comprehensive self-evaluation of their performance and effectiveness. An audit committee self-evaluation should employ a straightforward approach that will aid the audit committee in assessing its strengths and lay a foundation for future improvement. The AICPA Audit Committee Brief, Self-Evaluation: A Primer for Audit Committees can help CPA financial executives and their audit committees determine the best route for self-evaluation.
AICPA and FAF Form Panel To Address Standards For Private Companies»
12/18/2009
The American Institute of Certified Public Accountants (AICPA) and the Financial Accounting Foundation (FAF) announced the establishment of a "blue-ribbon panel" to address how U.S. accounting standards can best meet the needs of users of private company financial statements.
AICPA Accounting and Review Services Committee Adopts New Compilation and Review Standard»
12/11/2009
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AICPA Files Suit Challenging FTC "Red Flags" Rules»
11/12/2009
The American Institute of Certified Public Accountants filed a lawsuit in the U.S. District Court for the District of Columbia seeking an injunction barring the Federal Trade Commission from applying its so called Red Flags Rule, which would impose onerous and unnecessary requirements on AICPA members.
Robert Harris Elected Chairman of AICPA Board of Directors»
10/23/2009
Robert R. Harris, CPA/CFF, managing director of Harris, Cotherman, Jones, Price & Associates, CPAs, in Vero Beach, Fla., today became the new chairman of the AICPA Board of Directors for a one-year term. A past president of the Florida Institute of CPAs, Harris has long been an active volunteer in the profession, having served on both the board of directors and Council. Click here to read the full text of his acceptance speech.
