May 19, 2014
AICPA Honors Non-Accountant with Highest Award
The AICPA Medal of Honor recognizes an individual who is not a CPA whose work has had a significant impact on the profession. The Medal of Honor is the highest AICPA award for a non-CPA.
May 11, 2014
AICPA Applauds Passage of DATA Act by Congress
“This is an important day for the American taxpayer,” said AICPA President and CEO Barry C. Melancon, CPA, CGMA. “By signing the DATA Act into law, President Obama has paved the way for implementation of a system that will allow each and every one of us to more easily track federal spending data.”
May 7, 2014
The Net Generation: A Look at the Future of CPAs
The next generation of CPAs, or *net* generation, will think differently, work differently and have a new and different set of expectations as they complete school and enter into the professional workforce as accountants. See what their employers will need to know to ensure their successful integration into the workplace of the future. This video…
May 1, 2014
AICPA Opposes Legislation That Would Limit Cash Accounting Methods
In a letter to House Ways and Means Committee Chairman Dave Camp, the American Institute of CPAs (AICPA) has voiced strong opposition to draft legislation that would limit the use of the cash method of accounting for pass-through entities and personal service corporations.
April 17, 2014
Sharyn Maggio Named Co-Chair of AICPA Divorce Practice Conference
A partner with the accounting firm Marcum LLP has been selected to co-chair the 2014 AICPA/AAML National Conference on Divorce. Sharyn Maggio, an Advisory Services Partner in the Roseland and Neptune, NJ, offices of Marcum will lead the the biennial conference of the leading organizations for CPAs and divorce law practitioners. The conference will take…
April 16, 2014
FASB Offers New Guidance for Reporting on Discontinued Operations
The Financial Accounting Standards Board (FASB) has issued new guidance that improves U.S. Generally Accepted Accounting Principles (GAAP) by more faithfully representing when a company or other organization discontinues its operations.
April 14, 2014
AICPA President Commends Senate Action on Government Spending
The American Institute of Certified Public Accountants has announced its support for the bill, and the group's president and CEO, Barry C. Melancon, CPA, CGMA, issued a response commending them.
April 2, 2014
AICPA Offers Mentoring Program for Forensic Accounting
For those who love accounting and also have a bit of sleuth inside, a new mentorship program offered by the American Institute of CPAs might be a perfect fit. The Certified in Financial Forensics Mentor Program is designed for AICPA members interested in developing their skills and business practices in forensic accounting through the help…
April 1, 2014
Have Last-Minute Tax Questions? CPAs Can Help
Have questions about your income taxes? With April 15 only two weeks away and new tax laws like Obamacare, many Americans do, the American Institute of CPAs has some answers.
March 25, 2014
AICPA Supports Congressional Focus on Lowering National Debt
In open hearings of the House Financial Services Committee, representatives are putting a renewed focus on the dangers of America's increasing debt.
March 13, 2014
CPA2Biz and IT Alliance To Unite for Fall 2014 Conferences
CPA2Biz and the Information Technology Alliance (ITA), an independent professional association comprised of most of the nation's top 30 accounting firms, premier technology consultants, and leading technology vendors serving the accounting profession, today announced they will jointly host events on December 7-10 at the Gaylord National in Washington, D.C. CPA2Biz is the technology subsidiary of…
March 7, 2014
How Business Valuation Services Can Benefit Accounting Firms
The practice of conducting a business valuation is a mix between art and science. There are standards that guide the professional appraiser, such as the Statement on Standards for Valuation Services (SSVS) published by the AICPA and the Uniform Standards of Professional Appraisal Practice published by the American Society of Appraisers. However, there is also…