AICPA Applauds Proposed IRS Regulations as a Necessary Step to Combat Tax-Related Identity Theft
Newsletter:
The CPA Advocate: March 27, 2013. An IRS pilot program that allows identifying taxpayer numbers to be truncated should be made permanent as one step toward curbing taxpayer identify theft, the AICPA said.
Published on March 27, 2013
File Reference No. 1820-100 Exposure Draft of a Proposed Accounting Standard Update - Revenue from Contracts with Custo...
Comment Letter:
The Financial Reporting Executive Committee (FinREC), formerly known as the Accounting Standards Executive Committee (AcSEC), of the American Institute of Certified Public Accountants comments on the Exposure Draft of the Proposed Accounting Standards Update, Revenue from Contracts with Customers (the Exposure Draft). FinREC supports the boards' overall goal
Published on July 11, 2011
Not Giving Up on Simplification
Newsletter:
Annette Nellen, chair of the AICPA Individual Tax Technical Resource Panel, compares the AICPA's principles for tax simplification to the solutions for complixity offered by IRS Commissioner Shulman and finds common ground.
Published on February 01, 2012
September 30, 2010 Comment Letter on FASBs Proposed Accounting Standards Update, Accounting for Financial Instruments an...
Comment Letter:
The Financial Reporting Executive Committee (FinREC), formerly known as the Accounting Standards Executive Committee (AcSEC), of the American Institute of Certified Public Accountants appreciates the opportunity to comment on the Exposure Draft of a Proposed Accounting Standards Update, Accounting for Financial Instruments and Revisions to the Accounting for Derivative Instruments
Published on July 11, 2011
AICPA, ABA, TEI Urge More Tax Simplification Provisions for 2004
Comment Letter:
The AICPA, the American Bar Association Section of Taxation, and the Tax Executives Institute submitted this letter to the Secretary of the Treasury expressing support for simplification provisions included in the Administration's 2004 budget package.
Published on April 30, 2012
FinREC Raises Significant Concerns about FASBs Proposed Disclosure Framework
Newsletter:
The CPA Advocate: December, 2012. The decision frameworks for FASB and the reporting entity must be "more concise, purposeful, and concrete," FinREC said in its comment letter.
Published on December 19, 2012
AICPA Comments on Eligible Property and Simplified Service Cost Method Guidance From IRS
Comment Letter:
AICPA's response 01.27.2004 to IRS' requests for comments on Simplified Service Cost Method (SSCM) under Section 263A regulations.
Published on May 20, 2013
AICPA AcSEC Comments - The Objective and Constraints of Financial Reporting Information and Qualitative Characteristics
Comment Letter:
...The Accounting Standards Executive Committee of the AICPA (AcSEC) is pleased to offer comments on the FASB's and IASB's May 29, 2008 Exposure Draft, The Objective of Financial Reporting and Qualitative Characteristics and Constraints of Decision-Useful Financial Reporting Information
Published on March 29, 2013
FinREC and TIC Respond to FASBs Proposed ASU on Liquidity and Interest Rate Risk Disclosures
Newsletter:
The CPA Advocate: October, 2012. The AICPA does not believe the proposal will achieve its intended objective and that costs will outweigh benefits for users of private company financial statements
Published on October 18, 2012
March 13, 2009
Comment Letter:
AICPA urges the IRS & Treasury to provide further guidance that includes a clearly defined, objective test for determining what constitutes a tax shelter as it impacts taxpayer & preparer penalties
Published on March 16, 2009
AICPA Comment Letter - Securities and Exchange Commissions (SEC) Fair Value Study of Accounting for Financial Institutio...
Comment Letter:
...Accountants (AICPA) is pleased to offer its comments on the Securities and Exchange Commission's (SEC) study of mark-to-market accounting applicable to financial institutions. We welcome this objective review of fair value reporting for public companies in inactive markets, while continuing to focus on providing
Published on April 01, 2013
AICPA Submits Comments on Schedule M-3
Comment Letter:
The AICPA submitted comments on 04.25.2011 on Schedule M-3 in response to a request from the IRS, with the objective of reducing burden and duplication
Published on April 26, 2011
AICPA Submits Detailed Comments on Schedule M-3
Comment Letter:
The AICPA submitted detailed comments on 08.01.2011 on Schedule M-3 in response to a request from the IRS, with the objective of reducing burden and duplication
Published on August 02, 2011
FinREC Comment Letter, Testing Goodwill for Impairment
Comment Letter:
...is pleased to offer comments on the proposed FASB Accounting Standards Update (ASU), “Intangibles—Goodwill and Other (Topic 350) - Testing Goodwill for Impairment.” FinREC supports the proposed ASU’s objective to simplify how an
Published on July 11, 2011
Tangible Property Regulations are too Complex, AICPA Says at IRS Hearing
Newsletter:
The CPA Advocate: June, 2012. The proposed and temporary tangible property regulations are so complex many taxpayers will not have the resources to comply with them, the AICPA said at an IRS hearing.
Published on June 14, 2012