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

AICPA Urges Congress to Keep Investment Adviser Oversight with SEC

Press Release:  The American Institute of CPAs (AICPA) today expressed its opposition to  the Investment Adviser Oversight Act of 2012, which was introduced in the House of Representatives on April 25, and urged Congress to keep oversight of investment advisers with the Securities and Exchange Commission (SEC).
Published on April 26, 2012

Private Company Financial Reporting Committee to meet May 5-6 in Norwalk, Connecticut

Media Advisory:  The Private Company Financial Reporting Committee (PCFRC) convened by the Financial Accounting Standards Board and the American Institute of Certified Public Accountants will meet at the FASB offices in Norwalk, Conn. to address accounting issues for U.S. private companies
Published on May 02, 2011

Private Company Financial Reporting Committee to meet Dec. 2-3 in Norwalk, Connecticut

Media Advisory:  The Private Company Financial Reporting Committee convened by the Financial Accounting Standards Board and the American Institute of Certified Public Accountants will meet at the FASB offices in Norwalk, CT, to address accounting issues for U.S. private companies
Published on November 30, 2010

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

Robert Herz Announces Retirement

News:  FASB Chairman Robert Herz retires after eight years leading the U.S. standards board
Published on August 25, 2010

AICPA to Host International Business, Accounting, Auditing and Tax Conference

Press Release:  Operating in a recovering economy and doing business in Mexico, China and the European Union are among the topics that will be explored at the 2010 International Business, Accounting Auditing and Tax Conference, presented by the AICPA.
Published on June 16, 2010

AICPA Announces 2011 Leadership Academy

Press Release:  The American Institute of Certified Public Accountants is pleased to announce that it has selected 34 young CPAs to participate in the Institute’s third annual Leadership Academy.
Published on August 02, 2011

Blue Ribbon Panel Addressing Standards Weighs GAAP With Exceptions And A Separate Standards Board

Press Release:  A majority of the blue ribbon panel addressing how U.S. accounting standards can best meet the needs of users of private company financial statements believe there is a need for a new standard-setting model that follows Generally Accepted Accounting Practices (GAAP) with exceptions for private companies
Published on October 08, 2010

AICPA Calls for Improvements to IRS Examination Program to Relieve Taxpayer Burdens

Press Release:  The American Institute of CPAs has raised a number of concerns with the Internal Revenue Service about the burden its correspondence audit program places on taxpayers selected for examination, Patricia Thompson, the chair of the AICPA Tax Executive Committee, told the IRS Oversight Board at a meeting today.
Published on February 28, 2012

AICPA Recommends SEC Allow Optional Adoption of IFRS by U.S. Public Companies

Comment Letter:  The American Institute of Certified Public Accountants has recommended to the Securities and Exchange Commission that U.S. public companies be allowed the option of adopting use of International Financial Reporting Standards as the commission weighs a possible future framework for incorporating IFRS into the U.S. financial reporting system
Published on August 17, 2011

Statement of AICPA President and CEO Barry C. Melancon before the House Capital Markets Subcommittee Accounting and Audi...

Media Advisory:  Barry C. Melancon, president and CEO of the American Institute of CPAs, told members of the House Subcommittee on Capital Markets and Government Sponsored Enterprises that the AICPA supports a strong, balanced and independent regulatory structure that protects investors but does not restrict the flow of capital.
Published on March 28, 2012

Joint Statement of the AAA and AICPA

Press Release:  The American Accounting Association (AAA) and the American Institute of Certified Public Accountants (AICPA), the founding co-sponsors of the Pathways Commission on Accounting Higher Education, are pleased to announce that the Pathways Commission report is being released today
Published on July 31, 2012