AICPA Applauds GAAP Codification
AICPA applauds the release of the FASB Accounting and Auditing Codification by the Financial Accounting and Auditing Board. The Codification organizes thousands of pronouncements comprising U.S. generally accepted accounting principles into a single, easy accessed source
Published on February 07, 2010
AICPA Offers Guidance to FASB Ruling on Fair Value of Alternative Investments
The technical practice aids cover a series of issues related to the FASB rule, among them, determining whether net asset value calculation is consistent with the FASB Codification Topic Financial Services – Investment Companies, determining whether an adjustment to net asset value is necessary, and certain disclosure considerations
Published on March 03, 2010
AICPA White Paper Provides Fair Value Measurement Guidance for Not-for-Profits
To assist not-for-profit entities and their auditors, the AICPA has released a new white paper addressing the fair value measurement of financial assets and liabilities for which there is no market.
Published on October 14, 2011
AICPA Honors Educators with Three Awards
The American Institute of CPAs today announced the 2012 recipients of three accounting curriculum awards. The annual awards are bestowed upon educators who demonstrate innovative teaching practices in one of three distinct educational levels: in the first sequence of accounting, junior- and senior-level accounting courses and at the graduate level.
Published on October 19, 2012
AICPA Offers Guidance on New Clarified Auditing Standards
The AICPA's new clarified auditing standards take effect next month, and the organization offers a wealth of materials to get practitioners up to speed on the transition.
Published on November 28, 2012
AICPA Survey Shows U.S. CPAs See Pivotal Time Ahead in Development of International Financial Reporting Standards
Certified Public Accountants see the U.S. at a pivotal time in the development of uniform, high-quality global accounting standards as the U.S. Securities and Exchange Commission evaluates a transition to International Financial Reporting Standards and the U.S. Financial Accounting Standards Board and the International Accounting Standards Board work jointly to
Published on October 18, 2010
AICPA Media Center FAQs About Fair Value Accounting
Fair Value Basics are explained in this FAQ, with information as to what FVS is, why it is important today, what FASB is, information on mark-to-market, and more.
Published on February 25, 2010
AICPA 2008 Press Releases
Press Releases from 2008.
Published on September 21, 2012
AICPA Recommends SEC Allow Optional Adoption of IFRS by U.S. Public Companies
The American Institute of Certified Public Accountants has recommended to the Securities and Exchange Commission that U.S. public companies be allowed the option of adopting use of International Financial Reporting Standards as the commission weighs a possible future framework for incorporating IFRS into the U.S. financial reporting system
Published on August 17, 2011
AICPA, NASBA, and Prometric Announce Successful Launch of New Uniform CPA Examination
The American Institute of Certified Public Accountants, National Association of State Boards of Accountancy, and Prometric today launched the new Uniform CPA Examination, called CBT-e, which includes for the first time questions on International Financial Reporting Standards among other sweeping and significant changes.
Published on January 05, 2011