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    AICPA Amicus Brief Asks U.S. Supreme Court to Overrule Securities Litigation Case

    Newsletter ...Advocate: March, 2014. The U.S. Supreme Court heard oral arguments on the Halliburton case on March 5, 2014, which is regarded as one of the most important securities litigation cases in years. A decision by the Court is expected by June 2014
    Published on March 31, 2014

    Accounting Partnership Retirement Practices

    Article In recent years, Equal Employment Opportunity Commission (EEOC) staff have been investigating and considering litigation against accounting firms organized as partnerships with a goal of requiring firm partners to be treated as “employees” for purposes of the Age Discrimination in Employment Act (ADEA). The...
    Published on March 20, 2015

    Tellabs Inc. v. Makor Issues & Rights, Ltd.

    Legal Brief The present case concerns the pleadings standards established by the Private Securities Litigation Reform Act of 1995 (PSLRA). In the PSLRA, Congress required securities-fraud plaintiffs to plead particularized facts leading to a "strong inference" that each defendant acted, or failed to...
    Published on February 09, 2007

    American Bar Association vs. Federal Trade Commission

    Legal Brief The AICPA has a direct interest in the outcome of this litigation. The AICPA’s members, like attorneys, are engaged in a professional practice. Also, like attorneys, certified public accountants typically engage in invoiced billing of their clients, allowing their clients...
    Published on September 07, 2010

    House and Senate Bills to Curb Patent Trolls Include AICPA Recommendations

    Newsletter ...5, 2013, by an overwhelming vote of 325-91. The Senate Judiciary Committee, meanwhile, held a hearing on comparable legislation, on December 17. These bills would help curtail abusive litigation in the patent system
    Published on January 30, 2014

    IRSs Proposed Voluntary Program for Tax Preparers is Unlawful and Improper, Says AICPA

    Newsletter ...IRS's proposed voluntary certification program for tax return preparers “would cause significant legal problems that may ultimately frustrate the IRS’s goals, confuse the public, and lead to litigation
    Published on June 24, 2014

    Definition of Attest and Patent Trolls Top List of 2014 State Legislative Issues

    Newsletter 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

    AICPA Supports State Tax Tribunal Model Legislation

    Newsletter The CPA Advocate: August, 2012. The AICPA supports model legislation as a resource for state CPA societies whose legislatures are interested in creating or modifying an independent state tax tribunal.
    Published on August 15, 2012

    AICPA Encourages Advisory Committee to Address Overbroad Discovery Requests in Federal Civil Procedure

    Newsletter The CPA Advocate: May, 2014.  The AICPA said proposed revisions to the Federal Rules of Civil Procedure are a “much-needed step” because of “overbroad discovery requests and wasteful date-preservation policies.”
    Published on May 22, 2014

    House and Senate Bills to Curb Patent Trolls Include AICPA Recommendations

    Article The House Judiciary Committee on November 20 voted to send H.R. 3309, the Innovation Act, to the full House.  The chairman of the Senate Judiciary Committee, meanwhile, introduced comparable legislation, S. 1720, the Patent Transparency and Improvements Act, in the Senate on November 18.  These bills would help curtail abusive
    Published on November 26, 2013

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