Bankruptcy Services, Inc. v. Ernst & Young, Ernst & Young LLP
The AICPA is deeply concerned about the Panel's unduly expansive view of the adverse interest exception to imputation. The New York courts have carefully balanced an injured party's interest in recovering damages with fair limits on accountants' liability. The Panel's decision threatens to upset that balance and expose accountants to broadly expanded
Published on August 20, 2008
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
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