Fight to Win Independent Standard Setting Board for Private Company Financial Reporting Will Continue
Newsletter :
The CPA Advocate: October, 2011. The Financial Accounting Foundation’s proposal, Plan to Establish the Private Company Standards Improvement Council, rejected one of the two major recommendations of the Blue Ribbon Panel on Standard Setting for Private Companies.
Published on March 02, 2012
The CPA Advocate (Archived articles - 2011)
Overview :
Find 2011 archived articles from the AICPA's advocacy newsletter, The CPA Advocate.
Published on March 01, 2012
The CPA Advocate (Archived articles - 2012)
Overview :
Find 2012 archived articles from the AICPA's advocacy newsletter, The CPA Advocate.
Published on February 27, 2012
State CPA Societies Help Move AICPA-Backed Mobile Workforce Bill through House Committee
Newsletter :
State CPA societies with members of Congress serving on the House Judiciary Committee added their voices to the AICPA’s and helped win the committee’s approval of a bill that would set a uniform national standard for non-resident state income tax withholding.
Published on February 01, 2012
Not Giving Up on Simplification
Newsletter :
Annette Nellen, chair of the AICPA Individual Tax Technical Resource Panel, compares the AICPA's principles for tax simplification to the solutions for complixity offered by IRS Commissioner Shulman and finds common ground.
Published on February 01, 2012
AICPA-Endorsed Amendment to Whistleblower Bill Approved
Newsletter :
The AICPA and state CPA societies successfully urged members of the House Capital Markets Subcommittee to approve an amendment to a bill that would protect investors by strengthening the whistleblower program established under the Dodd-Frank Act.
Published on February 01, 2012
AICPA Encourages IIRC to Leverage Enhanced Business Reporting Framework
Newsletter :
The AICPA supported a global framework for more relevant business reporting in its comment letter on IIRC’s discussion paper, Towards Integrated Reporting: Communicating Value in the 21st Century.
Published on February 01, 2012
AICPA Supports IRS Tax Return Preparer Program at Congressional Hearing
Newsletter :
The CPA Advocate: September, 2011. AICPA supports the IRS’s program, as it is currently structured, to regulate tax return preparers, Patricia Thompson, chair of the AICPA Tax Executive Committee, testified at July 28 Congressional hearing.
Published on January 13, 2012
AICPA Opposes PCAOBs Mandatory Audit Firm Rotation Proposal
Newsletter :
The AICPA recently told the Public Company Accounting Oversight Board its Concept Release on Auditor Independence and Audit Firm Rotation, which would require mandatory audit firm rotation, is not likely to achieve the goals the PCAOB intends.
Published on January 09, 2012
AICPA Supports Goal of Real-Time Tax Processing Offers Cautions on Potential Impact
Newsletter :
The AICPA testified at an IRS hearing on the proposed real-time tax system, saying it supports the overall goal, but that it should be phased in and focus first on the simplest returns.
Published on January 07, 2012
The CPA Advocate
Overview :
The AICPA's new advocacy e-newsletter, The CPA Advocate, is dedicated to keeping you informed about the AICPA's advocacy efforts on your behalf. Watch for it in your inbox.
Published on January 07, 2012
Small Business Health Insurance Tax Credit should be Simplified, AICPA Testifies
Newsletter :
The AICPA testified at a Nov. 15, 2011 House Ways and Means Oversight Subcommittee hearing about the small business health insurance tax credit.
Published on January 06, 2012
AICPA Advocacy Continues as IRS Rolls Out Tax Practitioner Regulation, Visits
Newsletter :
The IRS has been busy ramping up oversight of paid tax preparers through two separate programs; the AICPA has been equally busy making sure that oversight does not interfere with the tax season or place undue burden on members.
Published on January 06, 2012
AICPA Encourages GASB to Remove Certain Financial Statement Elements from Conceptual Framework
Newsletter :
The AICPA encouraged the Governmental Accounting Standards Board (GASB) to strongly consider removing the deferred outflows of resources and deferred inflows of resources elements from the Board’s conceptual framework.
Published on January 06, 2012
Congress Looks to XBRL Reporting Requirements to Track Federal Spending
Newsletter :
Congress is beginning to view XBRL as a way to track federal spending and to improve transparency.
Published on January 06, 2012