Financial and Tax Regulators Discuss Not-for-Profit Sector Issues at AICPA Conference, June 20-21, Marriott Wardman Park...
Financial and Tax Regulators Discuss Not-for-Profit Sector Issues at AICPA Conference, June 20-21, Marriott Wardman Park Hotel, Washington, DC
Published on June 17, 2013
AICPA Urges IRS to Provide More Flexibility for Mandatory E-Filing of Returns by Tax Preparers
The American Institute of Certified Public Accountants has submitted a comment letter to the Internal Revenue Service urging more flexibility in implementing mandatory e-filing of tax returns by tax preparers in 2011 for individuals, trusts, and estates
Published on January 04, 2011
AICPA Supports Financial Accounting Foundations Creation of Private Company Council, Asserts Need for Financial Reportin...
AICPA Supports Financial Accounting Foundation's Creation of Private Company Council, Asserts Need for Financial Reporting Framework for Smaller Businesses
Published on May 23, 2012
AICPA Welcomes Private Company Councils Proposals
The AICPA comments on progress the Financial Accounting Foundation, FASB, and Private Company Council have made in their efforts to improve the relevance of GAAP as it relates to private companies
Published on July 02, 2013
Prominent CPA Firms and Private Companies Demand Action from the Financial Accounting Foundation
Many private company constituents want change in the way financial statements are prepared. For far too long, requests for the creation of relevant standards to address the financial reporting needs of...
Published on September 22, 2011
AICPA Council Votes Overwhelmingly to Send a Strong Message to FAF Adopt the Blue Ribbon Panel Recommendations for an In...
The American Institute of Certified Public Accountants' (AICPA) governing Council today overwhelmingly approved a resolution that sends the Financial Accounting Foundation (FAF) a strong message: either FAF moves to adopt the Blue Ribbon Panel on Standard Setting for Private Companies’ (the Panel) recommendations for a separate board— which is the AICPA’s preference— or
Published on October 18, 2011
Nearly 2,500 Letters have been sent to the Financial Accounting Foundation Demanding the Creation of an Independent Sepa...
For almost 40 years, the pleas of private companies to set standards for financial reporting that are more relevant too often have been ignored
Published on September 09, 2011
Blue Ribbon Panel Addressing Standards Weighs GAAP With Exceptions And A Separate Standards Board
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
The American Institute of Certified Public Accountants and the Financial Accounting Foundation Form Blue-Ribbon Panel to...
The American Institute of Certified Public Accountants (AICPA) and the Financial Accounting Foundation (FAF) today announced the establishment of a "blue-ribbon panel" to address how U.S. accounting standards can best meet the needs of users of private company financial statements
Published on January 19, 2010
Statement from Barry Melancon, AICPA President and CEO, and Paul Stahlin, AICPA Chair, Addressing FAFs Failure to Create...
AICPA is profoundly disappointed that the Financial Accounting Foundation (FAF) is not proposing to create a new independent board to set differences in U.S. GAAP standards, where appropriate, for privately held companies
Published on October 04, 2011