AICPA News Update - December 14, 2012 

    Find Out What AICPA President and CEO Says About Year Past and Year Ahead 
    Published December 14, 2012

    AICPA
           
     

    AICPA

    AICPA News Update
    A Weekly Email Newsletter on Issues & Events Surrounding the CPA Profession
     
           
     
      In This Update: December 14, 2012 - Volume 15 No. 51  
     
    Find Out What AICPA President and CEO Says About Year Past and Year Ahead
    Transition to Clarified Auditing Standards in Effect Tomorrow
    AICPA Members and Relatives Can Still Enroll in AICPA Long-Term Care Insurance Through June 30
    Identify and Design Non-Financial KPIs with this New Tool
    FAQ and Tutorial Available on New Interactive Tax Checklists
    Now Accepting Nominees for AICPA Distinguished Achievement in Accounting Education Award
    Free Webinar: Take Charge of Your Financial Future
            
     
    Find Out What AICPA President and CEO Says About Year Past and Year Ahead
     

    CPA Letter Daily, the AICPA’s free daily news resource, has published a two-part special report featuring the insights of AICPA President and CEO Barry Melancon, CPA, CGMA. Part one offers highlights of the CPA profession’s accomplishments in 2012. Part two looks at what’s ahead in 2013, from financial reporting and legislation to technology and human capital issues. The full interview with Melancon on his thoughts about next year is available on AICPA Insights®.

      Back to Top
    Transition to Clarified Auditing Standards in Effect Tomorrow
     

    Transition to clarified auditing standards effective for calendar year 2012 audits goes into effect Dec. 15. New requirements may impact planning, interim testing and other fieldwork, and some mandate changes to the report. You and your staff need to be sure you complete audits as effectively and efficiently as possible while remaining compliant with the standards. The AICPA has developed the Improving the Clarity of Auditing Standards webpage with a number of free resources, including a pathway of education and tools in our learning and implementation plan, to help you make sense of the changes and their impact on your practice.

      Back to Top
    AICPA Members and Relatives Can Still Enroll in AICPA Long-Term Care Insurance Through June 30
     

    Prudential, the provider of Long-Term Care Insurance through the AICPA Insurance Trust, has announced that it will cease providing Long-Term Care Insurance to new groups. However, Prudential will continue to serve those members and their relatives who have Long-Term Care Insurance through the AICPA Insurance Trust. Additionally, AICPA members, spouses, their parents, grandparents and their adult children and spouses, can still sign up for the AICPA Insurance Trust’s Long-Term Care Insurance through June 30, 2013. Also, those who are currently insured will have until June 30, 2013, to increase their daily coverage to $350, if they so desire. Coverage in force on July 1, 2013, may be continued at the insured’s option. For more information, visit cpai.com or call 800.223.7473.

      Back to Top
    Identify and Design Non-Financial KPIs with this New Tool
     

    In today’s knowledge economy, the organization’s value is increasingly attributable to non-financial business drivers--the intangible assets of an enterprise. Success and future value creation depend on the effective measurement and management of these critical non-financial or intangible resources that comprise the intellectual capital of the business. This tool provides guidance for identifying and designing key performance indicators for non-financial performance measures.

      Back to Top
    FAQ and Tutorial Available on New Interactive Tax Checklists
     

    The AICPA has developed a series of FAQs and a video tutorial on how to use our new Interactive Tax Checklists. Accessible anywhere with an Internet connection and updated quickly, the new Interactive Tax Checklists use a programmed logic flow that omits questions based on your responses to previous questions. Learn about this new tool now.

      Back to Top
    Now Accepting Nominees for AICPA Distinguished Achievement in Accounting Education Award
      The AICPA is now accepting nominations for the 2012 Distinguished Achievement in Accounting Education Award. The award recognizes full-time college accounting educators distinguished for excellence in teaching and for national prominence in the accounting profession. The award serves a dual function: to extend profession-wide recognition to the recipient and promote role models in academia. State CPA societies and individuals may submit nominations for the annual award until March 1. Self-nominations are not accepted.
      Back to Top
    Free Webinar: Take Charge of Your Financial Future
     

    In light of financial uncertainty caused by the fiscal cliff, a weak economy and ongoing tax changes, now is the perfect opportunity to set goals and proactively plan for your financial future. In this webinar, Take Charge of Your Financial Future, to be held 1 to 2 p.m. ET on Jan. 4, practitioners Jean-Luc Bourdon, CPA/PFS, and Susan Bruno, CPA/PFS, will lead you through a plain English discussion on taking charge of your financial future and setting short- and long-term financial goals so that you can achieve your dreams.

      Back to Top
       
     



    A A A


     
    Copyright © 2006-2014 American Institute of CPAs.