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What’s new in the FVS Section |
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Weigh In
How do you plan to meet your continuing education requirements this year?
- Webcasts /Archived webcast recordings
- On-demand self-paced learning
- Virtual events / conferences
- In-person events / conferences
- I don’t know.
- N/A
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Give a shoutout to a worthy colleague
Every year the FVS Section recognizes professionals 40 years-old and under who exhibit exemplary achievements in the forensic accounting and/or business valuation field. We’re now accepting nominations for 2021. If you know someone who is deserving, fill out this easy, quick nomination form by July 31.
Member Feedback Requested - NOCLAR Exposure Draft
PEEC has released its exposure draft covering noncompliance with laws and regulations (NOCLAR). FVS staff and members from the FVS Executive Committee have been working with PEEC to suggest language that will provide an exception for FVS practitioners.
We are eager to hear your feedback on any aspect of the exposure draft, but in particular, the following points:
- Do you agree with the differentiation in requirements applicable to members in public practice providing services other than financial statement attest services?
- Do you agree that a litigation or investigation engagement as defined in, and subject to, SSFS No. 1, and an engagement to which the protections set forth in IRC Section 7525 apply, should be excluded from the proposed interpretation for members in public practice? If not, why? Are there are other nonattest services that should be excluded from the proposed interpretation? If yes, please identify which services and explain why.
- Is a one-year transition period for the effective date appropriate? If not, why?
We encourage you to read the exposure draft and provide comments by email to Ethics-ExposureDraft@aicpa.org by June 30, 2021.
Inspiring inclusion in accounting academe, one fellow at a time
Each year, the AICPA Foundation awards $12,000 fellowships to minority accounting Ph.D. students who demonstrate significant potential to become accounting educators. This program’s goal is to increase the number of minority CPAs who serve as role models and mentors to young people in an academic environment. The deadline to apply for this fellowship is May 31.
Correction
The last FVS News stated that on January 1, 2020 Congress enacted the Anti-Money Laundering Act (AMLA). It should have read January 1, 2021. Learn about the AMLA’s substantive provisions that address weaknesses in the U.S. approach to anti-money laundering/countering the financing of terrorism (AML/CFT) and what Boards and compliance officers should consider doing in order to comply. |
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| Maximizing your FVS Section web experience |
| Watch this quick tutorial and learn how to easily and quickly get to the content that matters most to you. |
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| Access your FVS section benefits |
| Continue to have uninterrupted access to your exclusive benefits, including free live and on-demand courses (up to 13 CPE hours), the FVS Online Professional Library, Daubert Tracker, Business Reference Guide Online and more. |
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CPAs urged to be voice of calm in PPP storm
CPAs have a great opportunity to act as a stabilizing force with small business clients as rule changes, deadline pressures, and ongoing processing problems with the Paycheck Protection Program (PPP) fuel a spike in frustration and anxiety levels. Continue reading this Journal of Accountancy online post and go back and watch the latest AICPA Town Hall. |
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| Upcoming CPE learning and events |
Valuation Strategies and Considerations for Estate and Gifting Purposes
March 30, webcast, 1.5 CPE credits
Analysis of COVID-19 Business Interruption Cases
Apr. 20, online, 1.5 CPE credits
AICPA Fair Value Measurement Workshop
Apr. 22-23, online, 17 CPE credits
Bankruptcy Litigation in the Wake of COVID-19
May 11, online, 1.5 CPE credits
Forensic & Valuation Services Conference
Nov. 8-10, Las Vegas or online, 17 CPE credits
*Take advantage of early bird savings, expires 9/25 |
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| FVS Marketplace – Tools for FVS Professionals
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