AICPA Raises Concerns about Ideas for Potential Revisions to Single Audits
The CPA Advocate: June, 2012. The GAQC comment letter to OMB supports overall goals of potential revisions to single aud requirements but raised concerns about ideas for potential revisions.
Published on June 12, 2012
Convergence of International and US Accounting Principles and IFRS
International Financial Reporting Standards (IFRS) set by the International Accounting Standards Board (IASB) in London is a response to worldwide demand from regulators, investors, businesses, and auditing firms for a single set of high-quality, globally-accepted accounting standards.
Published on April 17, 2014
TIC Shares Private Company Perspective on Pushdown Accounting with FASB
The CPA Advocate: October, 2014. An authoritative pushdown accounting standard is being drafted, following an October 8 vote by FASB to approve a final standard to apply pushdown accounting when a change-in-control event has occurred.
Published on October 21, 2014
AICPA Evaluates the International Tax Aspects of the American Competitiveness and Corporate Accountability Act
AICPA writes to the Congress evaluating the international tax aspects of the proposed H.R. 5095, American Competitiveness and Corporate Accountability Act.
Published on April 15, 2010
AICPA Comments on Eligible Property and Simplified Service Cost Method Guidance From IRS
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
2014 Tax Advocacy Comment Letters
Recent comment letters submitted by the tax section.
Published on October 17, 2014
AICPA Proposes Fiscal Year Flexibility for Emerging Small Businesses
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
Using Family Partnerships and Refuting IRS Challenges
This is an article highlighting the AICPA's position concerning the legitimate use of family partnerships. In particular, the AICPA takes exception with the IRS's refusal to recognize for transfer tax purposes the validity of many family partnership's under examination.
Published on September 19, 2012
State Taxation of Remote/Online Sales
This page discusses the Marketplace Fairness Act of 2013 and the issues related to state taxation of online sales.
Published on September 25, 2013