AICPA Offers New Tool for Crafting Effective Client Engagement Letters
One of the keys to a successful CPA practice is defining the scope of client engagements as clearly and precisely as possible, right from the start. With that in mind, the American Institute of CPAs has developed a new online practice aid that offers customizable sample letters and expert commentary
Published on November 20, 2012
AICPA Comments on Proposed FASB Standard to Improve Disclosure of Loss Reserves
The Financial Reporting Executive Committee of the AICPA has submitted to the FASB its comments on the FASB’s proposed standard Disclosures of Certain Loss Contingencies
Published on August 25, 2010
AICPA Sends Compendium of Tax Proposals to Capitol Hill
The AICPA today sent top tax lawmakers on Capitol Hill a package of 34 legislative proposals that the AICPA believes promote simplicity and fairness in the tax code.
Published on March 17, 2015
AICPA Outlines Plans and Perspectives on Enhancing Audit Quality
The AICPA has posted a discussion paper on its Enhancing Audit Quality initiative, designed to provide high-quality services that protect the public.
Published on August 07, 2014
AICPA Comment Letter on COSO Internal Control Integrated Framework Exposure Draft
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 Kicks Off SEC-PCAOB Developments Conference
One only has to look at the numerous complex issues on the agendas of the U.S. Securities and Exchange Commission (SEC) and the Public Company Accounting Oversight Board (PCAOB) to get an idea of the challenges CPAs face, American Institute of CPAs Chairman of the Board of Directors Richard J.
Published on December 03, 2012
AICPA Accounting Competition Challenges Undergraduates to Help Guide Businesses as Management Accountants
The American Institute of CPAs has announced that the enrollment period for the 2014 Accounting Competition opens today, with a total of $40,000 in awards at stake. The fifth annual competition challenges teams of undergraduates to play the role of management accountants and combine their accounting and financial expertise with
Published on August 18, 2014
Students from NC State University Awarded First Place in AICPA National Accounting Competition
The American Institute of Certified Public Accountants today named students from North Carolina State University winners of a national case competition focused on a fictional Texas company looking to expand its business into the Nigerian oil fields.
Published on December 17, 2011
AICPA Applauds Proposed IRS Regulations as a Necessary Step to Combat Tax Related Identity Theft
The American Institute of CPAs (AICPA) applauded regulations proposed by the Internal Revenue Service that would make permanent a pilot program to authorize filers of certain information returns to truncate an individual payee’s nine digit identifying number on specified paper payee statements.
Published on February 21, 2013
AICPA Offers Guidance on New Clarified Auditing Standards
The AICPA's new clarified auditing standards take effect next month, and the organization offers a wealth of materials to get practitioners up to speed on the transition.
Published on November 28, 2012