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    AICPA-Endorsed Amendment to Whistleblower Bill Approved

    Newsletter The AICPA and state CPA societies successfully urged members of the House Capital Markets Subcommittee to approve an amendment to a bill that would protect investors by strengthening the whistleblower program established under the Dodd-Frank Act.
    Published on February 01, 2012

    AICPA Comments on IRS Exempt Organization Enforcement Efforts

    Comment Letter This April 12, 2004 letter from the AICPA Exempt Organization Taxation Technical Resource Panel to the Advisory Committee on Tax Exempt and Government Entities discusses enforcement and compliance processes and proposes a Form 990 redesign, a redesign of the exemption application process for section 501(c)(3...
    Published on July 01, 2013

    AICPA Opposes PCAOBs Mandatory Audit Firm Rotation Proposal

    Newsletter The AICPA recently told the Public Company Accounting Oversight Board its Concept Release on Auditor Independence and Audit Firm Rotation, which would require mandatory audit firm rotation, is not likely to achieve the goals the PCAOB intends
    Published on January 09, 2012

    Potts v. SEC

    Legal Brief ...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 Meets with FASB about Uniqueness of Employee Benefit Plan Financial Statements

    Newsletter The CPA Advocate: January, 2014.  AICPA employee benefit plan panels are discussing with FASB how the Board can best incorporate the consideration of employee benefit plans into its standard-setting process.
    Published on January 30, 2014

    AICPA Testimony to ERISA Advisory Council on Outsourcing Flags Trouble Spots, Recommends Best Practices

    Newsletter The CPA Advocate: September, 2014.  The testimony identified trends auditors are seeing in the outsourcing of employee benefit plan services, noted problems related to monitoring service providers and recommended best practices for selecting and monitoring service providers that affect the plan’s financial reporting.
    Published on September 24, 2014

    AICPA Letter to House Financial Services Committee Supporting H.R. 1564.

    Legislative Letters The AICPA supported a bill approved on June 19, 2013 by the House Financial Services Committee that would prevent the PCAOB from imposing mandatory audit firm rotation for public companies
    Published on June 19, 2013

    AICPA Testifies before ERISA Advisory Council on Lost and Missing Plan Participants

    Newsletter The CPA Advocate: September, 2013. AICPA's Employee Benefit Plan Audit Quality Center made recommendations to a U.S. Department of Labor advisory panel to better connect missing and lost participants with their benefits
    Published on September 05, 2013

    Compilation and Review - ARSC Comment Letters

    Article Listing of ARSC compilation and review comment letters.
    Published on February 14, 2013

    AICPA Participates in Congressional Roundtable to Explore How to Improve Medicare Audits

    Newsletter 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

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