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    NASBA and AICPA Pledge Cooperation on Private Company Financial Reporting Frameworks

    Press Release The AICPA and NASBA will work together to develop a decision-making tool to help determine...reporting framework is suitable for individual private companies, and will also develop illustrative financial statements and disclosures to make clear those distinctions
    Published on July 15, 2013

    Caught in Fundraising Squeeze, Nonprofit Boards Need to Prove Their Mettle to Win Donations

    Press Release Charitable giving has taken a big hit during the economic downturn, putting more pressure on nonprofit boards to prove their organizations are well run and meeting their mission
    Published on September 20, 2011

    AICPA Urges Congress to Keep Investment Adviser Oversight with SEC

    Press Release The American Institute of CPAs (AICPA) today expressed its opposition to the Investment Adviser Oversight Act of 2012, which was introduced in the House of Representatives on April 25, and urged Congress to keep oversight...
    Published on April 26, 2012

    Private Company Financial Reporting Committee to meet May 5-6 in Norwalk, Connecticut

    Media Advisory The Private Company Financial Reporting Committee (PCFRC) convened by the Financial Accounting Standards Board and the American Institute of Certified Public Accountants will meet at the FASB offices in Norwalk, Conn. to address accounting issues for U.S. private companies
    Published on May 02, 2011

    Private Company Financial Reporting Committee to meet Dec. 2-3 in Norwalk, Connecticut

    Media Advisory The Private Company Financial Reporting Committee convened by the Financial Accounting Standards Board and the American Institute of Certified Public Accountants will meet at the FASB offices in Norwalk, CT, to address accounting issues for U.S. private companies
    Published on November 30, 2010

    AICPA Publishes New Attest Guidance for Reporting on Controls at a Service Organization

    Press Release As companies take advantage of new technologies, such as cloud computing, and increasingly outsource functions to service organizations, these companies are requesting  information and assurance that will enable them to assess and address the risks associated with an outsourced service. The American Institute of CPAs has issued new guidance that enables
    Published on June 29, 2011

    AICPA Announces 2011 Leadership Academy

    Press Release The American Institute of Certified Public Accountants is pleased to announce that it has selected 34 young CPAs to participate in the Institute’s third annual Leadership Academy.
    Published on August 02, 2011

    Blue Ribbon Panel Addressing Standards Weighs GAAP With Exceptions And A Separate Standards Board

    Press Release 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

    AICPA Recommends SEC Allow Optional Adoption of IFRS by U.S. Public Companies

    Comment Letter The American Institute of Certified Public Accountants has recommended to the Securities and Exchange Commission that U.S. public companies be allowed the option of adopting use of International Financial Reporting Standards as the commission weighs a possible future framework for incorporating IFRS into the U.S. financial reporting system
    Published on August 17, 2011

    AICPA to Host International Business, Accounting, Auditing and Tax Conference

    Press Release ...business in Mexico, China and the European Union are among the topics that will be explored at the 2010 International Business, Accounting Auditing and Tax Conference, presented by the AICPA
    Published on June 16, 2010

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