2010 Press Releases 

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2010 Press Releases

Published on December 31, 2010

AICPA Applauds Enactment of Red Flags Clarification Exempting Accountants From Onerous Federal Trade Commission Regulati...

Press Release The AICPA is pleased Congress passed and the President has signed into law S. 3987, the “Red Flag Program Clarification Act of 2010,” amending the Fair Credit Reporting Act.
Published on December 21, 2010

Tax Saving Suggestions from AICPA Tax Vice President Edward Karl

Media Advisory Extension of the Bush tax cuts gives Americans more options as they do year-end tax planning
Published on December 20, 2010

New Tax Law Likely to Open Floodgates for Wealth Transfers CPA Financial Planners Available to Discuss Implications

Media Advisory New gift and estate tax provisions in the $853 billion tax bill that President Obama is expected to sign into law this afternoon are likely to prompt a wave of wealth transfers during the next two years as the wealthy adjust their financial planning strategies
Published on December 17, 2010

Survey CPA Firms Sharpened Pencils During Recession Maintained Profitability Amid Flat Revenues

Press Release In a tough economic environment over the past two years, a majority of CPA firms reported being able to maintain their profitability
Published on December 17, 2010

Global Survey Findings On Accounting For Sustainability Practices Released By CIMA, AICPA and CICA

Press Release The Chartered Institute of Management Accountants, the American Institute of Certified Public Accountants and the Canadian Institute of Chartered Accountants released a landmark survey measuring the state of accounting for sustainability in the UK and North America.
Published on December 16, 2010

AICPA Launches New Public Service Tax Website To Help Taxpayers Make Sense Of Tax Laws And Rules

Press Release The American Institute of Certified Public Accountants today unveiled 360Taxes.org, a new public service website to help taxpayers better understand how the federal tax system works.
Published on December 15, 2010

Media Advisory - AICPA Tax VP Edward Karl Available to Discuss Tax-Cut Package Set for Senate Vote

Media Advisory Edward Karl, vice president of taxation for the American Institute of Certified Public Accountants, and other members of the AICPA tax staff are available to explain what the tax-cut package means for taxpayers.
Published on December 13, 2010

AICPA/Accountemps Scholarship Recipients Announced

Press Release The American Institute of Certified Public Accountants today announced five recipients of the 2010-2011 AICPA/Accountemps Student Scholarship
Published on December 10, 2010

Statement from Barry Melancon on Being Named Association Executive of the Year by Association TRENDS

Press Release Statement from AICPA president and CEO Barry Melancon, on the news that he will receive the 2011 Association TRENDS Association Executive of the Year award.
Published on December 10, 2010

Recent Changes to Professional Standards Literature Effective Dec. 15

Press Release As the Dec. 15 effective date of several new standards rapidly approaches, the American Institute of Certified Public Accountants is providing accountants with an updated source containing all current AICPA standards so they can stay up to date on the rules governing the profession and better serve their clients
Published on December 09, 2010

American Accounting Association and AICPA Pathways Commission Seeks Public Comment, Recommendations by Jan. 5 on the Fut...

Press Release Pathways Commission, a joint project of the American Accounting Association and the American Institute of Certified Public Accountants, is seeking public comment and recommendations on future paths of higher education for the accounting profession by Jan. 5.
Published on December 06, 2010

AICPA Employee Benefit Plans Accounting, Auditing and Regulatory Update Conference, Dec. 13-14

Media Advisory Join Phyllis C. Borzi, Assistant Secretary of Labor for the Employee Benefits Security Administration, and Ian Dingwall, EBSA’s Chief Accountant, for a discussion about the latest standards and regulations governing audits of employee benefit plans, as well as insights into the effects of the economic recession on employee benefit plans.
Published on December 07, 2010

AICPA Asks IRS for Guidance on Applying Carryover Basis Rules to Estates of Taxpayers who Died in 2010

Comment Letter The American Institute of Certified Public Accountants has asked the Internal Revenue Service to issue guidance about how to apply carryover basis rules for the assets of taxpayers who died in 2010 in order to settle their estates.   Basis is generally the original purchase price of an asset, such as
Published on December 07, 2010

Modest Gain in Optimism as CPA Executives Foresee Slow U.S. Recovery AICPA-UNC Quarterly Economic Outlook Survey

Press Release After a dramatic drop last quarter, CPA executives regained modest optimism in the past three months about prospects for the U.S. economy but believe the recovery will be slow and they are cautious about plans for expansion and hiring, according to the latest AICPA/UNC Quarterly Economic Outlook Survey.
Published on December 06, 2010

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