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2013 Technical Issues Alert 

Prepared by the AICPA’s Private Companies Practice Section Technical Issues Committee to inform CPA firms about new and proposed accounting, auditing, compilation/review and ethics standards that will affect small business clients and about TIC’s advocacy efforts on their behalf.

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Veteran Fast Launch Initiative Toolkit

Toolkit The Veteran Fast Launch Initiative toolkit is available to AICPA members and includes a customizable guide for veteran clients, sample press release, and web sticker for CPAs to promote their volunteerism in their local communities.
Published on May 20, 2013

Veteran Fast Launch Initiative Directory

Directory The Veteran Fast Launch Initiative Directory connects veterans with local certified public accountant volunteers. A resource tool exclusively for veterans seeking to start or grow a business.
Published on May 20, 2013

AICPA Proposes Fiscal Year Flexibility for Emerging Small Businesses

Comment Letter This is AICPA's statement in support of allowing small businesses the flexibility to adopt any fiscal year end from April through November for tax purposes, as proposed in the Small Business Tax Flexibility Act of 2003 (H.R. 3225) for the record of the Subcommittee's September 23, 2004, hearing.
Published on May 20, 2013

AICPA Suggests Improvements to New Cash Accounting Method Notice 2001-76

Comment Letter The AICPA comment letter of 02.28.2002 requests that the IRS clarify and refine Notice 2001-76, which expanded the application of the cash method of accounting to certain businesses with revenues of less than $10 million.
Published on May 20, 2013

AICPA Testified 05.09.2012 regarding Deduction and Capitalization of Tangible Property Expenditures

Testimony AICPA testified before the IRS and Treasury at the May 9, 2012 public hearing on proposed and temporary regulations under IRC sections 162(a), 168, and 263(a) regarding the deduction and capitalization of expenditures related to tangible property, REG-168745-03 and TD 9564, and Revenue Procedures 2012-19 and 2012-20.
Published on May 20, 2013

AICPA Comments on INDOPCO Regs

Comment Letter This letter provides AICPA's comments on the proposed INDOPCO regulations.
Published on May 20, 2013

AICPA Comments on Eligible Property and Simplified Service Cost Method Guidance From IRS

Comment Letter AICPA's response 01.27.2004 to IRS' requests for comments on Simplified Service Cost Method (SSCM) under Section 263A regulations.
Published on May 20, 2013

AICPA Asks IRS to Clarify and Improve Intangible Asset Automatic Consent Procedures

Comment Letter AICPA comments 08.24.2004 regarding the requirements found in Section 4.02 of Revenue Procedure 2004-23.
Published on May 20, 2013

Diversity and Inclusion Initiatives

Article The AICPA has always been keenly focused on diversity and inclusion in the profession; and has developed many programs which have increased the pipeline of students educated about the profession and on the accounting path to CPA, this very important work that will continue. However, changing demographics of the communities
Published on May 20, 2013

Whats at Stake The CPA Profession on Federal Fiscal Responsibility

Article What’s at Stake? The CPA Profession on Federal Fiscal Responsibility offers guidance on how the U.S. government’s financial statements can be used for greater understanding of the nation’s fiscal health.
Published on May 20, 2013

401(k) Basics Part 1 with Audit Planning - 2013

Presentation 401(k) Basics Part 1 with Audit Planning - 2013, Powerpoint Presentation
Published on May 20, 2013

Diversity and Inclusion Resources

Article With a renewed focus on diversity and inclusion in the profession, the diversity and inclusion team is working hard to provide the most valuable resources available f
Published on May 20, 2013

Sole Practitioners

Article With PCPS as your team behind the scenes, you’re not alone as you face these challenges. These tools/resources provide strategies for plotting your direction and support for the every-day intricacies of managing a solo practice.
Published on May 20, 2013

Strategy and Planning

Overview Strategic planning is the foundation for growth and sustainability.  Understand top issues facing practicing CPAs across the country and join a community where you can easily network with peers and share creative strategies and solutions for practice management success.  Achieve your short-term and long-term goals with succession planning resources, guidance
Published on May 20, 2013

Succession Planning Resource Center

Overview The Succession Planning Resource Center offers small to medium-sized firms the resources they need to make their firms succession-ready. The material has been developed from a big-picture, holistic perspective to help practitioners effectively address their succession management needs.
Published on May 20, 2013

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