FASB Comment Letter Regarding Fair Value Measurement of Perpetual Trusts
AICPA comments on the Not-for-profit entities (NFP) requirement to measure beneficial interests in perpetual trusts at fair value
Published on May 08, 2013
Audits of Federal Funds (Single Audits)
Entities that receive federal funds including states, local governments, and not-for-profit organizations (NPOs), are subject to audit requirements commonly referred to as “single audits” under the Single Audit Act of 1984, as amended in 1996. The Single Audit Act was...
Published on March 28, 2013
March 2005 Governance Whitepaper
AICPA supports the Senate Finance Committee's objective of ensuring that not-for-profit organizations maintain the full confidence of the public by being accountable and fulfilling their fiduciary responsibilities. This whitepaper was attached to a cover letter submitted in March 2005
Published on November 06, 2012
AICPA Provides Feedback to GASB on Nonexchange Financial Guarantee Transactions
The CPA Advocate: December, 2012. AICPA asks for clarification of "financial guarantee" and questions theBoard's conclusions regarding the exclusion of exchange transactions from the scope of the standard.
Published on December 19, 2012
AICPA Advocacy Continuing on Proposed Revisions to Single Audit Rules
The CPA Advocate: March 27, 2013. The AICPA invites members to submit comments by April 26, 2013 to be considered as part of AICPA’s comment letter to OMB.
Published on March 27, 2013
AICPA Raises Concerns about Ideas for Potential Revisions to Single Audits
The CPA Advocate: June, 2012. The GAQC comment letter to OMB supports overall goals of potential revisions to single aud requirements but raised concerns about ideas for potential revisions.
Published on June 12, 2012
AICPA Opposes Repeal of Foreign Earned Income Exclusion
AICPA opposes repeal of the foreign earned income exclusion, as proposed in Section 350 of S. 1054, the Jobs and Growth Tax Relief Reconciliation Act of 2003.
Published on April 15, 2010
AICPA Comments on the Fairness, Simplification, and Competitiveness for American Business Act of 2002
In a letter to Rep. Amo Houghton, AICPA shows support for many of the proposed international tax simplification provisions in the proposed legislation, H.R. 4151, Fairness, Simplification and Competitiveness for American Business Act of 2002.
Published on April 15, 2010
AICPA Proposes Fiscal Year Flexibility for Emerging Small Businesses
This is AICPA's statement in support of allowing small businesses the flexibility to adopt any fiscal year end from April through November for tax purposes, as proposed in the Small Business Tax Flexibility Act of 2003 (H.R. 3225) for the record of the Subcommittee's September 23, 2004, hearing.
Published on May 20, 2013
FASB Comment Letter Archive
The AICPA takes opportunities to comment on Discussion Papers and other various standard setting items. Included are archived items.
Published on July 15, 2011