AICPA Provides Guidance on FSA Certification Letters Overview
...being asked by clients to certify income to meet a requirement by the Farm Service Agency (FSA) and worked with the FSA to develop a letter to meet the professional standards of our members
Published on October 10, 2013
The AICPA Heard You!
The CPA Advocate: June, 2012. The AICPA is working with regulators to help fix problems related to capital gains reporting and USDA requests that CPAs verify taxpayers' AGI.
Published on July 11, 2012
Audits of Federal Funds (Single Audits)
Entities that receive federal funds including states, local governments, and not-for-profit organizations (NPOs), are subject to audit requirements commonly referred to as “single audits” under the Single Audit Act of 1984, as amended in 1996. The Single Audit Act was enacted to standardize the requirements for auditing federal programs.
Published on March 28, 2013
AICPA Meets with IRS to Discuss Range of Practice Issues
The CPA Advocate: October, 2012. AICPA members and staff met recently with the new director of the IRS Return Preparer Office to talk about plans for the PTIN data base, suitability checks and practitioner compliance visits.
Published on October 18, 2012
Potts v. SEC
Brief of amicus curiae for the AICPA in support of the petition of Robert D. Potts. The SEC sanctioned Potts for ""improper professional conduct"" in performing duties as a concurring reviewer during an audit of certain financial statements in 1988 and 1989
Published on April 02, 2013
AICPA Suggests Refining Tax Return Preparer Registration Proposal
In this letter to Congress, the AICPA provides comments on the legislative proposal requiring the registration of federal income tax return preparers.
Published on March 12, 2012
House Passes AICPA-Backed Bill to Narrow Definition of Municipal Advisor
The CPA Advocate: September, 2012. CPAs who provide "customary and usual" accounting services would be excluded from the definition of "municipal advisor" under the provisions of H.R. 2827, which is strongly supported by the AICPA.
Published on September 20, 2012
Statement on CPE Standards
Statement on Standards for Continuing Professional Education (CPE) Programs. The Standards are effective through June 30, 2012
Published on January 25, 2012
Statement on Standards for Continuing Professional Education (CPE) Programs - PDF
The jointly published Standards provide a framework for the development, presentation, measurement and reporting of CPE programs
Published on May 08, 2013
AICPA and NASBA Give Final Approval for Continuing Professional Education Program Standards
AICPA and NASBA approve the final Statement on Standards for Continuing Professional Education (CPE) Programs
Published on June 04, 2013