AICPA Participates in IRS Preparer Review Initiative
Guidance:
Michael Dolan, IRS Practice and Procedures Committee Chair, presented the AICPA’s views on July 30, 2009 on the IRS’s plan to issue recommendations later this year regarding regulation...
Published on January 24, 2013
Dura Pharmaceuticals, Inc. v. Michael Broudo
Legal Brief:
The AICPA has a strong interest in judicial decisions affecting the scope and bases of accountants' liability under the federal securities laws. The present case is of paramount importance to the accounting profession. Loss causation is an indispensable element of the private action available under Section 10(b) of the Securities Exchange Act of 1934, one that helps
Published on April 09, 2010
AICPA Letter Supports Financial Literacy for Youth
Newsletter:
The CPA Advocate: April, 2013. The AICPA's National CPA Financial Literacy Commission recommended to a Senate panel that financial education begin in elementary school.
Published on April 29, 2013
AICPA-Endorsed Amendment to Whistleblower Bill Approved
Newsletter:
The AICPA and state CPA societies successfully urged members of the House Capital Markets Subcommittee to approve an amendment to a bill that would protect investors by strengthening the whistleblower program established under the Dodd-Frank Act.
Published on February 01, 2012
GAO Study of Financial Planning
Federal Law:
Dodd-Frank required the GAO to conduct a study on the effectiveness of existing regulation of financial planners, including tax advisors. The AICPA met with the GAO during the study to present the profession’s point of view. AICPA strongly opposed any new regulatory structure affecting CPAs as they are already comprehensively
Published on April 03, 2013
Whistleblower Rules under Dodd Frank Act
Article:
Dodd-Frank Act Sections 922 and 748 require the Securities and Exchange Commission and Commodities Futures Trading Commission to implement rules to pay cash awards of up to 30% in settlements over $1 million to whistleblowers who voluntarily provide original information about violations of the Securities laws and Commodity Exchange Act,
Published on February 05, 2013
Economic Issues Top Congressional Agenda CPA Issues in Mix
Newsletter:
The CPA Advocate: September, 2011. The Congressional agenda for the remainder of 2011 include issues supported by the AICPA.
Published on October 07, 2011
House Financial Services Panel Looks at Dodd-Frank Whistleblowing Rules
Newsletter:
The CPA Advocate: May, 2011. Deloitte Deputy CEO and Vice-Chairman Robert Kueppers testified at House hearing that accounting profession is cocnerned Dodd-Frank Act does not take into account SOX internal reporting requirements.
Published on September 02, 2011
AICPA Comments on FY2005 Budget Proposal
Comment Letter:
AICPA weighs in on the administration's retirement savings plan proposals.
Published on February 10, 2010