AICPA News Update Vol. 13 No. 42 

    Published October 01, 2010

    AICPA

    AICPA News Update

    A Weekly Email Newsletter on Issues & Events Surrounding the CPA Profession

    In This Update:

    October 1, 2010 - Volume 13 No. 42

    Member Ballots Due October 8; Mail Today
    IRS Activates New PTIN System
    Estate & Financial Planning for People Living with Chronic Illness Web Seminar
    CPAs Continue to Lead the Push for XBRL
    Tap Into Global Information on AICPA.org
    Follow the AICPA Online
    Member Ballots Due October 8; Mail Today

    Ballots on a proposed bylaw amendment regarding admission requirements to join the AICPA as voting members are due at the close of business, Oct. 8, Eastern Time. If you did not receive a ballot or if you need a replacement, download the ballot materials from AICPA.org. Be sure to follow the instructions for completing and mailing the ballot. To ensure that the independent tabulator receives your ballot by the deadline, we suggest you  send it today. The AICPA governing Council unanimously voted to issue the ballot and recommends members approve the change.

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    IRS Activates New PTIN System

    The Internal Revenue Service (IRS) launched its new preparer tax identification number (PTIN) regime September 28, a major step in its planned system of registration, qualification and oversight of all paid tax return preparers. The AICPA worked tirelessly to ensure that CPAs’ commitment to professional practice standards was taken into account in the tax preparer registration regulation process, specifically CPAs’ superior education, regulation and ethical standards. For more information, read this JournalofAccountancy.com article and view the Special AICPA News Update.

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    Estate & Financial Planning for People Living with Chronic Illness Web Seminar

    Chronic illness affects nearly 120 million Americans and is a crucial consideration in the financial, estate and tax planning processes. Register today for the free consumer-oriented webinar, Estate and Financial Planning for People Living With Chronic Illness (October 6 from 1 to 2 p.m. Eastern time - no CPE will be available). Invite your clients to join us for this presentation by forwarding them the registration information to participate on their own computers or invite them into your office to participate with you. This program will help your clients better understand the help and services you can give them on these important life matters.

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    CPAs Continue to Lead the Push for XBRL

    XBRLglobal Magazine, a new quarterly journal supporting the adoption of XBRL, recently released its second issue, with an article featuring the AICPA’s efforts on XBRL. View the article and learn more about the impact XBRL has on accounting.

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    Tap Into Global Information on AICPA.org

    The AICPA’s international interest area on the new AICPA.org brings together the AICPA’s various international resources into a single location, including direct links to international standards, training courses, publications, articles, conferences, webcasts and more. Among other things, it offers an international community page that shows you how to get connected easily through our Global Accounting Alliance partners when going overseas and lists the benefits available to GAA members through the GAA Passport to Member Services page. Moreover, the international resources area covers international tax, frequently asked questions and resources on conducting business overseas.

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    Follow the AICPA Online
    Find the AICPA on Facebook, LinkedIn and Twitter (CPA Letter Daily, AICPA News, The Tax Adviser and IFRS.com), as well as the Journal of Accountancy on Facebook, where you can engage with the Institute as well as with other professional colleagues. Keep up with news, pending regulation and stories of interest all related to the profession. To access additional AICPA social media accounts, visit the AICPA News page on the new AICPA.org website.
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