AICPA Comments on Draft 2014 OMB Compliance Supplement
The CPA Advocate: April, 2014. The comments focus on concerns with proposed guidance for auditing Disaster Relief Appropriations Act funds and a suggestion to remove certain requirements relating to the American Recovery and Reinvestment Act.
Published on April 23, 2014
Partnership Tax Provisions in the Administrations 2014 Fiscal Year Budget Proposal
This is the AICPA webpage on the President's fiscal year 2014 budget proposals on partnership tax issues.
Published on April 15, 2013
Audit, Attest, and Quality Control ASB Comment Letters
ASB comment letter to other organizations.
Published on July 18, 2014
Potts v. SEC
...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
Whistleblower Rules under Dodd Frank Act
Dodd-Frank Act Sections 922 and 748 require the Securities and Exchange Commission and Commodities Futures Trading Commission to implement rules to pay cash awards of up to 30% in settlements over $1 million to whistleblowers who voluntarily provide original information about violations of the Securities laws and Commodity Exchange Act,
Published on February 05, 2013
AICPA-Endorsed Amendment to Whistleblower Bill Approved
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
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
FASB Independence and Fair Value Accounting
The AICPA strongly and unequivocally supports independence of the U.S. and international accounting standard setting bodies, the Financial Accounting Standards Board (FASB) in Norwalk, Connecticut, and the International Accounting Standards Board (IASB) in London.
Published on April 03, 2013
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
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