September 8, 2010, ASB comment letter on Exposure Draft Proposed International Standard on Assurance Engagements 3420, A...
The ASB comments on Exposure Draft: Proposed International Standard on Assurance Engagements 3420, “Assurance Reports on the Process to Compile Pro Forma Financial Information Included in a Prospectus
Published on September 09, 2010
AICPA Comments on IAASBs Proposals to Improve Auditor Reporting
The CPA Advocate: October, 2012. The AICPA’s Auditing Standards Board supported a broad-based approach to improving the transparency and relevance of financial reporting that involves financial reporting standard setters, management, and those charged with governance, as well as auditors.
Published on October 18, 2012
AICPA Request for Comment for IAASB Consultation Paper
...the AICPA Auditing Standards Board’s comments on the consultation paper, Enhancing the Value of Auditor Reporting: Exploring Options for Change (Consultation Paper), issued by the International Auditing and Assurance Standards Board (IAASB
Published on July 25, 2011
The AICPA aggressively pursues the interests of its membership through active participation with international regulators and standard setters.
Published on June 02, 2014
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 24, 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 January 09, 2012
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 30, 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
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 31, 2014