What do CPAs Want for Tangible Property Rules Survey Results are In
The CPA Advocate: May, 2014. The AICPA asked members to take a brief survey regarding the safe harbor rules for deducting or capitalizing expenditures on tangible property. The overwhelming majority agree that a higher de minimis threshold is needed.
Published on May 22, 2014
Tangible Property De Minimis Safe Harbor Is $500 too Low
The CPA Advocate: April, 2014. AICPA members have told us that the $500 safe harbor threshold for the immediate deduction of tangible property is too low. In response, the AICPA is working to achieve a solution. Share your opinion with us by April 30, 2014 to help us develop recommendations
Published on April 23, 2014
The AICPA aggressively pursues the interests of its membership through active participation with international regulators and standard setters.
Published on June 02, 2014
Audit, Attest, and Quality Control ASB Comment Letters
ASB comment letter to other organizations.
Published on July 18, 2014
AICPA Encourages IIRC to Leverage Enhanced Business Reporting Framework
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
States Updating Attest Language to Protect the Public Interest
The CPA Advocate: March, 2014. An attest bill supported by the Alabama Society of CPAs was signed into law March 18 in Alabama, and bills in Indiana and Georgia are awaiting gubernatorial approval.
Published on March 27, 2014
AICPA and NASBA Release New UAA to Protect the Public Interest States Move to Implement Attest Language
The CPA Advocate: June, 2014. The AICPA is strongly committed to working with state CPA societies, NASBA and state boards of accountancy to see definition of attest legislation passed as soon as possible in all U.S. states and jurisdictions that don’t have language similar to the new UAA language.
Published on June 24, 2014
AICPA Participates in Congressional Roundtable to Explore How to Improve Medicare Audits
The CPA Advocate: July, 2014. Steve Stang, a CPA from North Carolina, testified at a Senate Special Committee on Aging roundtable that increasing the number of Medicare audits "will likely not significantly lower the rate of improper payment errors."
Published on July 29, 2014
AICPA 2007 Comments on Redesigned Form 990
AICPA comments on IRS re-designed Form 990. IRS plans to implement the new form, effective for 2009 filing season (2008 Forms 990).
Published on July 01, 2013
State Tax Tribunals
This is the AICPA paper on state tax tribunals. It was developed as a resource to state CPA societies as the various states consider this issue.
Published on July 14, 2014