AICPA State Regulation and Legislation Team Issues Registration Compliance Advisory to CPA Firms
...an advisory to CPA firms urging them to review their registration compliance procedures to ensure that they are in compliance with out-of-state registration requirements, when performing attest engagements
Published on July 30, 2014
AICPA Expresses Criteria Concerns on DoD Proposed Attestation Requirement
The CPA Advocate: November, 2014. A working group should be assembled, the AICPA said, that includes representatives of the accounting profession to ensure that the language in the rule articulates criteria that are sufficiently objective or measurable.
Published on November 20, 2014
Definition of Attest and Patent Trolls Top List of 2014 State Legislative Issues
The CPA Advocate: August, 2014. The AICPA is developing a summary of the issues important to the accounting profession that were in play during 2014; the summary will be available this fall.
Published on August 27, 2014
IRS Commitment to AICPA No Compliance Visits during Busy Season
The CPA Advocate: September, 2014. The IRS will start mailing the preparer compliance letters to selected tax return preparer at the end of October or the beginning of November.
Published on September 25, 2014
AICPA Provides IRS Proposed FAQs, Seeks Additional Section 7216 Guidance
The AICPA and other professional organizations submitted eight draft frequently asked questions (FAQs) to the IRS, addressing issues of concern to taxpayers and tax return preparers relating to the section 7216 regulations. The FAQ document also includes a list of modifications the AICPA believes are critical to making the section
Published on May 07, 2009
History of the 7th Edition of the UAA
In May 2014, the AICPA and National Association of State Boards of Accountancy (NASBA) released the 7th edition of the Uniform Accountancy Act (UAA). The UAA is an "evergreen" model licensing law developed to provide a uniform approach to regulation of
Published on May 27, 2014
AICPA Flags Concerns about IFACs International Ethics Standards Boards Exposure Draft on Responding to a Suspected Illeg...
The CPA Advocate: December, 2012. The AICPA Professional Ethics Executive Committee identified a number of concerns about requirements the proosal would impose on professional accountants in public practice and business and suggested alternatives.
Published on December 20, 2012
Potts v. SEC
Brief of amicus curiae 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 September 21, 2006
AICPA Summarizes IRS Strengths and Weakness for the Oversight Board
In a testimony before the IRS Oversight Board, the AICPA provided comments on: (1) the future direction of electronic tax administration, (2) enforcement challenges, (3) effective collection strategies, and (4) workforce empowerment.
Published on September 10, 2012
2014 Tax Advocacy Comment Letters
Recent comment letters submitted by the tax section.
Published on December 12, 2014