AICPA Groups Comment on FASB Exposure Draft
The CPA Advocate: January, 2015. The AICPA PCPS Technical Issues Committee and Employee Benefit Plan Expert Panel supported the FASB proposal Practical Expedient for the Measurement Date of an Employer’s Defined Benefit Obligation and Plan Assets as it would provide cost relief and simplification for employers that have fiscal year-ends...
Published on January 28, 2015
AICPA Expresses Concern about GASB Proposed Standards for Post-Employment Benefits
...The AICPA flagged problems in three GASB exposure drafts issued by the Board as part of its reexamination of financial accounting and reporting for pensions and other post-employment benefits
Published on October 23, 2014
AICPA Meets with FASB about Uniqueness of Employee Benefit Plan Financial Statements
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
Employee Benefits Tax Advocacy
This section contains AICPA comment letters pertaining to legislative matters in employee benefits taxation
Published on October 14, 2013
PCAOB Adopts Rule Creating Interim Program for Auditors of Broker-Dealers
The PCAOB recently adopted a rule to create a temporary inspection program for auditors of broker-dealers, largely ignoring calls of lawmakers and the AICPA to require inspection only of auditors of broker-dealers who handle investor funds directly.
Published on June 30, 2011
AICPA Urges Congress to Make S Corporation Reforms
AICPA provides written testimony before Congress in support of the Subchapter S Modernization Act of 2003.
Published on June 22, 2005
Professions Advocacy Scores President Signs Law Protecting Taxpayers
The CPA Advocate: October, 2011. For more than five years, the AICPA and state CPA societies fought to end the patenting of tax strategies. On Sept. 16, when President Barack Obama signed the Leahy-Smith America Invents Act into law, they won their battle.
Published on October 13, 2011
ERISA Fiduciary Definition - Appraisers of Employee Stock Ownership Plans
The AICPA believes that the U.S. DOL should implement rules that would require appraisers of ESOPs to meet minimum qualification requirements, including holding relevant credentials and training, and comply with applicable professional valuation standards.
Published on March 12, 2015
AICPA Comments to Financial Accounting Standards Board on Possible Concerns With FASB 109 and Foreign Sales Corporation/...
Submitted to the Financial Accounting Standards Board, AICPA submits comments concerning the accounting treatment of the 2004 proposed extraterritorial income regime (ETI) replacement legislation.
Published on June 21, 2005
AICPA Recommends Refining Legislation on Mandatory Partnership Basis Rules
The AICPA strongly supports efforts to eliminate abuses relating to the elective nature of partnership basis adjustments.
Published on June 27, 2005