AICPA Provides More Detailed Critique of Complex IRS Capitalization Rules
Temporary regulations proposed by the IRS governing the deduction and capitalization of tangible property expenditures would be unnecessarily complex and burdensome for many taxpayers, barring substantive changes
Published on July 17, 2012
AICPA Tells IRS Many Taxpayers Will Lack Resources to Comply with Overly Complex IRS Capitalization Rules
The temporary regulations proposed by the Internal Revenue Service governing the deduction and capitalization of tangible property expenditures are too complex and many taxpayers, especially small businesses, will not have the resources to comply, Carol Conjura, chair of the American Institute of CPAs...
Published on May 09, 2012
AICPA to Testify at May 9 IRS Hearing on Tangible Property Guidance Rules are too Complex and Burdensome
...of the American Institute of CPAs Tax Methods & Periods Technical Resource Panel, will testify on May 9 at the IRS hearing on temporary regulations related to the deduction and capitalization of tangible property expenditures
Published on May 08, 2012
AICPA to Launch New Economic Gauge for Americans Finances on Thursday, Jan. 15
The PFSi combines data from two original component indices—the Personal Financial Pleasure Index and Personal Financial Pain Index. The indices measure positive (pleasure) and negative (pain) economic impact factors, equally weighting components which measure the growth of assets and opportunities and the erosion of assets and opportunities.
Published on January 13, 2015
AICPA Webcast to Guide Public Companies on Furnishing XBRL Data to SEC
To help public companies prepare for a Securities and Exchange Commission requirement that takes effect in five months, the American Institute of Certified Public Accountants is hosting a Jan. 27 webcast on submitting financial statements in eXtensible Business Reporting Language (XBRL), an internet-based standard.
Published on January 15, 2010
AICPA to Release Quarterly Economic Gauge of Americans Finances on Thursday, April 16
The PFSi weighs a variety of economic factors to calculate the personal financial satisfaction of a typical American. Using both proprietary and normalized U.S. government data, the PFSi is comprised of two component indices that measure positive (Personal Financial Pleasure) and negative (Personal Financial Pain) factors equally.
Published on April 14, 2015
Americans Finances Breaking Into Positive Territory in the New Year AICPA PFS Index
The PFSi (Personal Financial Satisfaction Index)—which weighs a variety of economic factors to calculate the financial standing of a typical American—launched today at +6.6. This represents an increase of 6.5 points from the previous quarter and 14.9 points from one year ago, showing that the economic recovery is finally translating
Published on January 15, 2015
The Average Americans Monetary Situation Improved in 2015, According to AICPA Personal Financial Satisfaction Index
"The increase in the PFSi signifies that the average Americans' financial situation should be in better shape now than it was prior to the start of the year,” said Susan Tillery, CPA/PFS and member of the AICPA’s PFP Executive Committee. “As inflation has decreased and more people are finding full
Published on April 16, 2015
75% of CEOs Admit There is Room for Improvement in the Measurement of Non-Financial Value
In the wake of the financial crisis, three-quarters of the world’s CEOs say more emphasis should be placed on measuring the value of non-financial assets such as intellectual capital and customer relationships to drive long-term performance, according to research from the AICPA and CIMA.
Published on January 31, 2012