Advocacy-PCPS Technical Issues Committee
Provides news about new and proposed accounting, auditing, compilation/review and ethics standards.
What is the PCPS Technical Issues Committee (TIC)?
TIC is a committee of CPA practitioner volunteers working to represent the views of local firms and their clients in the standards-setting process.
What is TIC’s Charge?
TIC monitors the activities of the various standard setting boards (FASB, GASB, ASB) and other AICPA Senior Committees and, when appropriate, TIC submits comments and recommendations to the standard setters as the collective voice of small and medium-sized firms
TIC provides standards-setters with practical assistance as well; such as "field testing" portions of proposed guidance, providing practical examples of potential implementation difficulties and serving on standard-setting task forces.
If you have questions, local firm advocacy issues or suggestions for TIC, let us hear your voice. Kristy Illuzzi, CPA, CGMA, is the AICPA’s TIC Staff Liaison and can be reached by email. You can also volunteer to serve on the TIC Committee. More information about volunteer opportunities is available here.
TIC meetings offer local practitioners the chance to provide their unique perspectives in the standard-setting process. All CPAs are invited to attend. Future meeting dates are:
- May 5 and 6, 2020; Nashville, TN
- June 10, 2020, Las Vegas, NV: TIC meeting at Engage Conference
- September 21 to 23, 2020, Norwalk, CT: TIC’s FASB, GASB and PCC liaison meetings
- November 10 and 11, 2020, location TBD
AICPA Technical Hotline
The AICPA Technical Hotline is free and provides prompt, high-quality technical assistance by phone concerning issues related to: accounting principles and financial reporting; auditing, attestation, compilation and review standards