AICPA Comment Letter on COSO Internal Control Integrated Framework Exposure Draft

Media Advisory:  The American Institute of CPAs Internal Control Task Force submitted comments on the Committee of Sponsoring Organizations of the Treadway Commission’s (COSO) exposure draft, Internal Control – Integrated Framework (the updated Framework
Published on April 04, 2012

AICPA Publishes Guidance on Next Generation of SAS 70

Press Release:  Cloud computing providers and healthcare claims processors are among the information system service organizations who will benefit from new CPA reporting options developed by the AICPA.
Published on February 01, 2011

AICPA Publishes New Attest Guidance for Reporting on Controls at a Service Organization

Press Release:  As companies take advantage of new technologies, such as cloud computing, and increasingly outsource functions to service organizations, these companies are requesting  information and assurance that will enable them to assess and address the risks associated with an outsourced service. The American Institute of CPAs has issued new guidance that enables
Published on June 29, 2011

AICPA Statement on Proposed Exemption for Public Companies

Press Release:  AICPA Statement on Proposed Exemption for Public Companies with Market Values Under $75 Million From Sarbanes-Oxley Section 404 Internal Controls
Published on March 05, 2010

CPAs Increasingly Asked to Address Information Technology Challenges for Clients

Press Release:  Certified Public Accountants are increasingly being asked to solve information technology problems for clients and prospective clients, according to the 2010 Top Technology Initiatives Survey by the AICPA.
Published on June 04, 2010

Surging Business Use of Mobile Devices is Top Business IT Challenge AICPA Survey

Press Release:  The proliferation of smartphones, tablet computers and mobile devices in the workplace emerged for the first time as the top business technology concern for CPAs and financial executives, according to the 2011 Top Technology Initiatives Survey by the American Institute of Certified Public Accountants
Published on February 15, 2011

Caught in Fundraising Squeeze, Nonprofit Boards Need to Prove Their Mettle to Win Donations

Press Release:  Charitable giving has taken a big hit during the economic downturn, putting more pressure on nonprofit boards to prove their organizations are well run and meeting their mission.
Published on September 20, 2011

Wanted CPAs Who Can Vet Outsourced IT Systems

Press Release:  CPAs with information technology systems expertise are finding it can lead to a beneficial new line of business when companies outsource all or part of their information technology.
Published on July 05, 2012

AICPA Announces Winner of Project Innovation The Start Here, Go Places. Competition of Creative Excellence

Press Release:  The American Institute of CPAs today crowned a team from Hoover High School in Hoover, Alabama, as winners of Project Innovation: The Start Here, Go Places.(R) Competition of Creative Excellence, which called upon high school students to submit ideas for a new feature on the Start Here, Go Places. website.
Published on April 02, 2012

AICPA Asks IRS for Guidance on Applying Carryover Basis Rules to Estates of Taxpayers who Died in 2010

Comment Letter:  The American Institute of Certified Public Accountants has asked the Internal Revenue Service to issue guidance about how to apply carryover basis rules for the assets of taxpayers who died in 2010 in order to settle their estates. Basis is...
Published on December 07, 2010

CGMA Report Poor Talent Management Stifling Innovation, Capping Financial Growth

Press Release:  Four in 10 C-suite executives around the world say their companies are missing performance targets and growth opportunities because of ineffective talent management, according to a new report for Chartered Global Management Accountants by the American Institute of CPAs and Chartered Institute of Management Accountants.
Published on September 18, 2012

AICPA Urges IRS to Provide More Flexibility for Mandatory E-Filing of Returns by Tax Preparers

Media Advisory:  The American Institute of Certified Public Accountants has submitted a comment letter to the Internal Revenue Service urging more flexibility in implementing mandatory e-filing of tax returns by tax preparers in 2011 for individuals, trusts, and estates
Published on July 28, 2011

AICPA Comments on Definition of Family Office in Proposed SEC Rule for Purposes of Exemption under Investment Advisers A...

Media Advisory:  The AICPA has submitted comments about the U.S. Securities and Exchange Commission’s proposed rule defining “family offices” as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act for purposes of exemption under the Investment Advisers Act of 1940.
Published on November 23, 2010

AICPA Urges IRS to Revise Proposed Tax Preparer User Fee Regulations

Media Advisory:  The user fees would apply to individuals who are required to take the IRS competency examination in order to become Registered Tax Return Preparers and for fingerprinting those individuals who participate in the preparer tax identification number (PTIN), acceptance agent and authorized e-file provider programs.
Published on October 07, 2011