AICPA Develops Report on Civil Penalty Reform
The AICPA report on civil penalty reform calls on Congress to review the current civil tax penalty structure and consider modifications to ensure such penalties deter bad conduct without deterring good conduct or punishing the innocent
Published on March 08, 2012
FinREC Comment Letter, IFRS Foundation Monitoring Boards February 7, 2011, Consultative Report on the Review of the IFRS...
AICPA is pleased to offer its comments on the IFRS Foundation Monitoring Board’s February 7, 2011, Consultative Report on the Review of the IFRS Foundation’s Governance
Published on July 11, 2011
John P. Crowley v. Doris June Chait
Because of the Institute's historical role particularly in formulating standards relating to audits, reviews, and compilations, and the reports issued thereon, the AICPA has maintained a strong interest in the scope and bases of civil liability sought to be imposed upon auditors pursuant to those standards...
Published on April 09, 2010
AICPA Applauds SEC Staff Report Reviewing IFRS Presses for Decision
The CPA Advocate: August, 2012. The AICPA said the Security and Exchange Commission staff’s report on IFRS is a “thoughtful analysis” and urged the SEC to review the report “expeditiously” and to allow U.S. public companies the option to adopt IFRS
Published on August 15, 2012
Whats at Stake The CPA Profession on Federal Fiscal Responsibility
The CPA Advocate: July, 2013. During visits to Capitol Hill, members of AICPA’s governing Council encouraged members of Congress to address the nation’s deficit.
Published on July 18, 2013
AICPA Radar Tracking More than 365 Bills in 48 States
The CPA Advocate: May, 2011. Peer review, state boards of accountancy autonomy and CPA mobility are among the state legislative issues that the AICPA is monitoring
Published on June 29, 2011
Audit, Attest, and Quality Control ASB Comment Letters
ASB comment letter to other organizations.
Published on May 21, 2013
AICPA to Congress SEC Should Keep Investment Adviser Oversight
The CPA Advocate: June, 2012. Congress should not shift oversight of investment advisers to an SRO from the SEC, the AICPA said in a letter to Congress.
Published on June 13, 2012
Cost Basis Reporting System Needs Work, AICPA Tells IRS
The CPA Advocate: August, 2012. New formats for reporting capital gains and losses during the past tax season caused a lot of headaches for tax practitioners and taxpayers alike. The AICPA made recommendations to correct existing problems.
Published on August 14, 2012
Comments on Industry Resolution Program Issue 2008-110 Regarding Tax Issues Related to Technical Terminations of Publicl...
Technical terminations of a partnership occur fairly frequently. When they do, revaluations of partnership property, depreciation reset, 754 book-ups and a whole host of tax consequences must be addressed. In the context of a publicly-traded partnership with sometimes thousands of partners and potentially multiple terminations throughout the year, the problems
Published on March 09, 2012