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Association News

Editors' Picks

  • Pond Keynote, Tech Updates Kick Off Practitioners Symposium

    Award-winning author and financial planner Jonathan Pond told a crowd of more than 500 small firm principals and sole practitioners that while the current recession is life-changing for many, conditions will improve despite the media’s best efforts to portray the current climate as “hopeless.” Read more

  • Consultant: Challenging Work Needed to Keep Younger Employees

    To recruit and retain your younger employees and promote your firm as an “employer of choice,” you need to keep them continually challenged and not burden them with an ongoing workload that includes such repetitive accounting staples as tax, audit and write-up. Read more

  • Q&A with Bob Harris: Focusing on the crisis - and beyond (Unabridged)

    November 2, 2009

    The new AICPA chair speaks out on IFRS, the CPA Exam, preparer registration, and more

  • COMING EVENTS

    November 2, 2009

  • LETTER: In defense of trade shows

    November 2, 2009

    I read Bill Carlino's editorial on trade shows ('Trade-show graybeard,' Oct. 5-18, 2009, page 8) with some interest. However, you may be off a little on some of your facts.

  • NASBA Annual Meeting

    November 1, 2009

    The National Association of State Boards of Accountancy will be holding its 102nd Annual Meeting.

  • AICPA Honors David Lifson

    October 28, 2009

    The American Institute of CPAs has presented David Lifson, former president of the New York State Society of CPAs, with its Arthur J. Dixon Memorial Award.

  • Afghans Study Accounting During Wartime

    October 27, 2009

    Studying for a professional accountancy qualification is usually enough of a challenge for most people.

  • CalCPA Helps Inactive California CPAs Reactivate

    October 22, 2009

    The California Society of CPAs is offering a special CPA Activate Pass to help inactive CPAs regain active status.

  • IFRS, Sustainability, Reform Emerge as Key Issues for 2009-2010 AICPA Chair

    October 21, 2009

    Challenging the institute membership to rally behind such profession-centric issues as International Financial Reporting Standards, sustainability and reform, Robert Harris, the 2009-2010 chair of the AICPA, told attendees at the organization’s fall meeting of council here that they “must set a course around, and sometimes through, uncharted waters,” amidst a current of economic and regulatory uncertainty.

  • Private Cos. Reporting Head: Now Is Time for Separate GAAP!

    October 20, 2009

    As the SEC resurrects its focus on the roadmap to adopt International Financial Reporting Standards, the 30-plus year debate over a GAAP for private companies has progressed somewhat but remains on the back burner amidst legislative and standard-setters’ priorities for global convergence.

  • Reform Legislation, Global Standards Headline Fall Council Opener

    October 19, 2009

    A broad review of both proposed and existing measures emanating from the nation’s capital that would profoundly impact the accounting profession, accompanied by a continued focus on the inevitable meshing of U.S. and international reporting standards, headlined the opening sessions at the AICPA’s Fall Meeting of Council, here.

  • AICPA Wants U.S. Companies to Help Fund IASB

    October 6, 2009

    American Institute of CPAs president and CEO Barry Melancon said there should be a permanent, independent funding mechanism for the International Accounting Standards Committee Foundation, the governing body of the International Accounting Standards Board, with some of the money coming from companies in the U.S.

  • AICPA Sets Date for Launch of Revamped CPA Exam

    September 25, 2009

    The American Institute of CPAs has scheduled Jan. 1, 2011 as the official launch date of CBT-e, a more technologically modern version of the Uniform CPA Examination.

  • AICPA Objects to ‘Burdensome’ Budget Requirements

    September 25, 2009

    Among the revenue proposals detailed in the administration’s fiscal 2010 budget are some provisions that might negatively affect small businesses and tax preparers.

  • Crowe Horwath Expands in Brazil and China

    September 24, 2009

    Crowe Horwath International has appointed Crowe Horwath RCS as its new member firm in Brazil and selected WanLongAsia as its lead firm in China.

  • AICPA Joins Alliance for Investor Education

    September 17, 2009

    The American Institute of CPAs, the Certified Financial Planner Board of Standards, and the Retirement Security Project have joined the nonprofit Alliance for Investor Education.

  • Governor Proclaims Virginia CPA Week

    September 15, 2009

    Virginia Governor Tim Kaine has declared Sept. 13 to 19 to be Virginia Certified Public Accountants Week.

  • AICPA Publishes Book on Fraud Investigations

    September 9, 2009

    The American Institute of CPAs has released a new book to help businesses conduct fraud inquiries.

  • Survey Finds Economic Recovery Still Fragile

    September 9, 2009

    Claims that a world economic recovery is underway are based on fragile evidence and recovery could be a year away, according to a survey by the Association of Chartered Certified Accountants.

  • AICPA Advises IRS to Stick to Circular 230 for CPAs

    September 1, 2009

    The American Institute of CPAs has written to the IRS asking the service to rely on the existing Circular 230 penalty structure for regulating CPA tax preparers rather than impose a new one.

  • AICPA Complains to Washington about Tax Penalties

    August 31, 2009

    The American Institute of CPAs criticized overly broad and disproportionate tax penalties levied on both tax preparers and taxpayers in a report submitted to Congress’s tax-writing committees, the Treasury Department and the IRS.

  • U.S., New Zealand Sign Mutual Recognition Deal

    August 17, 2009

    The U.S. International Qualifications Appraisal Board and the New Zealand Institute of Chartered Accountants have entered into a five-year mutual recognition agreement that establishes the basis for reciprocity between the U.S. and New Zealand accounting professions.

  • AICPA Reports on CPA Reliability

    August 13, 2009

    The American Institute of CPAs has published a report on the reliability and independence of CPAs, as seen from the perspective of commercial bankers.

  • Former CalCPA CEO John Dunleavy Dead at 68

    August 13, 2009

    John Dunleavy, who led both the California CPA Education Foundation and the California Society of CPAs, has died.

  • IMA Creates XBRL Advisory Committee

    August 12, 2009

    The Institute of Management Accountants has formed a new XBRL Advisory Committee to focus on the untapped market needs created by interactive data-tagging technology.

  • AICPA Recognizes Outstanding Government CPAs

    August 10, 2009

    The American Institute of CPAs has named Robert Dacey, of Washington, D.C., Thomas H. McTavish, of Lansing, Mich., and Lena Ellis, of Ft. Worth, Texas, as the 2009 recipients of its Outstanding CPA in Government Award.

  • AAM Replaces Management

    July 29, 2009

    The Association for Accounting Marketing has moved its headquarters and replaced its management company in an effort to take the organization to the next level, executives said.

  • IMA Builds Social Network

    July 17, 2009

    The Institute of Management Accountants has created a social network that has attracted over 2,300 members since it launched about a month ago.

  • Indiana CPA Society Announces New Board

    July 8, 2009

    J. Douglas Roth of Do It Best Corp. in Fort Wayne is the new chair of the board for the Indiana CPA Society, while Joseph A. Scheidler of Crowe Horwath in Indianapolis has moved into the role of chair-elect.

  • Ohio Society of CPAs Installs New Officers

    July 8, 2009

    The Ohio Society of CPAs installed J. Matthew Yuskewich as chairman of the executive board at the society’s June 30 Members Summit & Annual Meeting.

  • Texas CPAs Name New Chairman, Officials and Board

    July 8, 2009

    The Texas Society of CPAs has elected Kym Anderson as its new chairman, and picked a slate of other officials and board members.

  • PKF Opens Exit Planning Center

    July 8, 2009

    The PKF North American Network has started a Center for Exit Planning Excellence to help accounting firms advise aging business owners on options for what to do when they are ready to retire or move on.

  • A Million Computerized CPA Exams and Counting

    July 8, 2009

    One million sections of the computerized Uniform CPA Examination have now been administered, according to the organizations in charge of the exam.

  • Client Retention Worries CPA Firms

    July 7, 2009

    CPA firms of all sizes are facing challenges with client retention, according to a new survey by the American Institute of CPAs.

  • AICPA Convenes Leadership Academy

    July 6, 2009

    The American Institute of CPAs is convening its first Leadership Academy this week with 28 CPAs under the age of 35.

  • CPA Firms See Economic Recovery on Horizon

    June 26, 2009

    A new survey of small and midsized CPA firms indicates that they see signs of economic recovery coming by the end of the year.

  • Trade Groups Aim to Influence Accounting Standards

    June 22, 2009

    Nine trade groups representing the financial, insurance, banking, real estate and other industries have united to create a coalition with the goal of influencing accounting standard-setters who are working on revising the rules for financial instruments.

  • New York CPAs Prepare for Accountancy Reform Law

    June 22, 2009

    New York’s new accountancy reform law, which goes into effect July 26, 2009, broadens the definition of the scope of practice of public accountancy to include all professional services provided by a CPA.

  • Ohio CPAs Create Free Online Job Board

    June 17, 2009

    The Ohio Society of CPAs has launched a free online job-listing service to connect businesses with contract CPAs during the recession.

  • Institute Revamps CITP Credential, Gives Second Life Demo

    June 16, 2009

    The American Institute of CPAs has revised its Certified Information Technology Professional designation, redefining the credential’s body of knowledge to more closely align with IT expertise as it relates to auditing and attest services as well as financial analysis and data reporting.

  • IFAC Plans G-20 Accountancy Summit

    June 9, 2009

    The board of the International Federation of Accountants decided at a meeting last week to hold a G-20 Accountancy Summit next month to get the perspectives of various accountancy institutes on how the profession can best contribute to strengthening the global financial system.

  • Virchow Krause Changes Name to Baker Tilly

    June 1, 2009

    Accounting firm Virchow Krause has changed its name to Baker Tilly to reflect its membership in the international accounting network.

  • Financial Exec Hall of Fame Nominees Sought

    May 29, 2009

    Financial Executives International is looking for nominations for its 2009 Hall of Fame.

  • 'Cloud Computing'

    May 20, 2009

  • Financial Planning Group Supports More Regulation

    April 28, 2009

    A coalition of three prominent financial planning trade associations called for legislation to create a national organization to oversee the financial planning profession but prevent the Financial Industry Regulatory Authority from acting in that capacity.

  • Peer Review in need of review?

    April 19, 2009

    Can anything good come out of a $65 billion Ponzi scheme?

  • Texas CPAs: Fair Value Changes Hurt CPA Credibility

    April 13, 2009

    Society urges FASB to take more time.

  • Coda Upgrades Coda 2go for Salesforce.com

    April 8, 2009

    Coda Group is rolling out the latest version of its online accounting software, Coda 2go Spring '09, emphasizing its integration with Salesforce.com's customer relationship management software.

  • AICPA Teams with Intacct on Cloud Computing

    April 7, 2009

    The American Institute of CPAs and its CPA2Biz subsidiary have struck a deal with accounting software developer Intacct to market "cloud computing" services to CPA firms.

  • Melancon Reappointed

    March 31, 2009

  • Institute Guide Offers Disaster Recovery Tips

    March 30, 2009

    The American Institute of CPAs has published Disaster Recovery: A Guide to Financial Issues, in cooperation with the American Red Cross and the National Endowment for Financial Education.

  • New York CPAs Name Hall of Fame Members

    March 24, 2009

    The New York State Society of CPAs has named William Donaldson and Sidney Kess to its Hall of Fame.

  • AICPA Supports International Monitoring Board

    March 19, 2009

    The American Institute of CPAs said it backs the creation of a monitoring board that would link the International Accounting Standards Board to government regulators in different countries.

  • Melancon Speaks out on Top Accounting Issues

    March 12, 2009

    American Institute of CPAs' president and chief executive Barry Melancon reiterated his organization's stance that fair value accounting was not a primary cause of the current economic distress and that the private sector -- rather than Congress -- should continue to set accounting standards.

  • AICPA Adds Four Members to Auditing Board

    March 3, 2009

    The American Institute of CPAs has appointed four new members of the Auditing Standards Board.

  • LBMC Forms IT Security Arm

    February 26, 2009

    The LBMC Family of Cos., which includes an accounting firm, as well as healthcare, technology and investment practices, has formed LBMC Managed Security Services LLC, a unit designed to provide its clients with IT security services.

  • Security, privacy issues claim top spots on AICPA's Top Tech poll

    February 23, 2009

    The more things change, the more they stay the same.

  • AICPA Reappoints Melancon

    February 23, 2009

    The American Institute of CPAs' board of directors has extended Barry Melancon's term as president and CEO for another five years.

  • Outlook Dims for Recovery This Year

    February 19, 2009

    CFOs and senior-level executive CPAs see the domestic economic downturn as lasting longer than previously expected, according to a survey by the American Institute of CPAs and the University of North Carolina's Kenan-Flagler Business School.

  • CCH Teams with AICPA on College Textbooks

    February 11, 2009

    CCH has signed a deal with the American Institute of CPAs to sell and distribute AICPA publications to the undergraduate and graduate college market.

  • AICPA Opens Job Site for Out-of-Work CPAs

    February 11, 2009

    The American Institute of CPAs has opened a free online job finder to help accountants find work during the recession.

  • 70 Is the New 65

    February 6, 2009

    Many Americans are planning to delay retirement, postpone vacations and reconsider buying or selling their homes as the result of the economy, according to a new survey by the American Institute of CPAs.

  • CPA Financial Advisors Reassure Worried Clients

    February 6, 2009

    Clients are coming to their CPAs with concerns about their shrinking retirement savings as the recession deepens.

  • Global Alliance Aims for Simplified Reporting

    February 6, 2009

    A global alliance of the chief executives of 10 accounting institutes has issued a report advocating more useful and less complicated financial reporting requirements.

  • COSO Issues Internal Control Guidance

    February 4, 2009

    New guidance aims to help organizations better monitor the effectiveness of their internal control systems.

  • AICPA Creates Online Crisis Center Site

    January 30, 2009

    The American Institute of CPAs has opened an online Economic Crisis Resource Center with information to help accountants advise their clients, employers, family members and friends on how to cope with the recession.

  • Diamond Receives AICPA Award

    January 21, 2009

    The American Institute of CPAs has presented Irvin F. Diamond with its 2008 Personal Financial Planning Distinguished Service Award.

  • Management Accounting Researchers Get Awards

    January 16, 2009

    The American Institute of CPAs, the Chartered Institute of Management Accountants and the Society of Management Accountants of Canada have given awards to three individuals for management accounting research.

  • AICPA Sees Information Security as Top Issue

    January 13, 2009

    For the seventh year in a row, a survey by the American Institute of CPAs has ranked information security management as the most important technology issue for 2009.

  • Groups Wrangle over FIN 48 for Private Companies

    January 12, 2009

    The Private Company Financial Reporting Committee met with the Financial Accounting Standards Board to discuss some of the problems that led to deferring controversial rules for accounting for uncertainty in income taxes.

  • AICPA Issues Economic Crisis Audit Risk Alert

    January 12, 2009

    The American Institute of CPAs has released an alert warning about audit risks from the economic crisis.

  • Accounting & Auditing Briefs

    January 1, 2009

    AICPA OKs electronic confirmations between auditors and respondents; Rothstein Kass releases paper on fair value for alternative investment funds; and Blue Coat Systems exec is charged in backdating suit by the SEC.

  • CAQ and Melancon on Fair Value

    January 1, 2009

    The Center for Audit Quality and the AICPA have written to the SEC concerning fair value, the CAQ maintaining that fair value measurements are appropriate and should continue, and the AICPA urging allowance of FASB to continue to set standards for mark-to-market accounting.

  • Exposure of Rewritten Risk Assessment

    January 1, 2009

    The AICPA's Auditing Standards Board voted to approve for exposure certain of its risk assessment standards rewritten as part of its clarity project.

  • Market Demand for CPA Financial Planners

    January 1, 2009

    CPA financial planning practices are growing at a faster rate, and also have higher profit margins than non-CPA firms offering the same services.

  • CPA Firms to Expand Despite Recession

    December 23, 2008

    More than a third of CPA firms plan to supplement their workforce in the next 12 months, according to a newly released survey.

  • AICPA Investigates Madoff Auditor

    December 19, 2008

    The American Institute of CPAs has begun investigating the accounting firm listed as the auditor of Bernard Madoff's investment management business after the firm told the institute for 15 years that it did not perform any audit work.

  • AICPA Gets a Royal Audience

    December 17, 2008

    The American Institute of CPAs plans to participate in a London forum hosted by Prince Charles.

  • Q&A: Almonte speaks out

    December 15, 2008

    If you attended the American Institute of CPA's Fall Council in October, you had the opportunity to see history in the making. Ernest Almonte, the auditor general for the state of Rhode Island, took the podium as 2008-2009 chairman of the institute - the first government official to be elected to that position in the organization's 121 years.

  • CPAs Offer Financial Literacy Calendar

    December 8, 2008

    The Virginia Society of CPAs is offering a free financial wall calendar for consumers, developed in partnership with the American Institute of CPAs.

  • A Younger Accounting Association

    December 8, 2008

    A century-old association with roots in Britain is setting up shop in the United States, trying to give the American Institute of CPAs a run for its money.

  • Catching Up With Mark Koziel

    December 8, 2008

    If you are interested in how the accounting profession is evolving, you might want to keep Mark Koziel on speed dial.

  • Melancon Responds to Accountant Ranking Article

    December 4, 2008

    WebCPA received a letter from American Institute of CPAs president and CEO Barry Melancon taking issue with a recent story on a Gallup Poll ranking of the honesty and ethics of various professions.

  • Almonte Elected AICPA Chair

    December 1, 2008

  • Helping Clients Through The Crisis

    December 1, 2008

    The AICPA Private Companies Practice Section (PCPS) has created a letter that practitioners can send to clients with advice on surviving the credit crisis.

  • CFOs See No Economic Turnaround Soon

    November 25, 2008

    Pessimism about the U.S. economy among CFOs and senior-level executive CPAs hit an all-time high this quarter, according to a new survey, with most of them not expecting a turnaround for at least another year.

  • AIPCA Aims "Feed the Pig" at 25-34 Year Olds

    November 24, 2008

    The American Institute of CPAs is launching a new series of ads for its "Feed the Pig" financial literacy campaign targeted at adults in the 25-to-34 age group.

  • CPA2Biz to Resell Google AdWords to Accounting Firms

    November 24, 2008

    The American Institute of CPAs' business subsidiary CPA2Biz has signed a deal with Google to offer Google AdWords as a way for accounting firms to market and promote their services via local paid search ads.

  • AICPA Improves CPE Grading Site

    November 19, 2008

    The American Institute of CPAs has enhanced its CPE Online Grading Site with improved navigation, new exam features and a simplified log-in process.

  • CPA Firms Grew Strongly, Until Recently

    November 18, 2008

    A large majority of CPA firms reported continuing strong growth during the past two years, according to a new survey by the American Institute of CPAs and the Texas Society of Certified Public Accountants, but the survey was taken before the financial crisis hit home in recent quarters.

  • AICPA eyes international CPA cred

    November 17, 2008

    The American Institute of CPAs is mulling the idea of internationalizing the CPA designation.

  • Private Company Committee Debates Standards

    November 17, 2008

    The Private Company Financial Reporting Committee discussed FIN 48, fair value and other matters at its latest meeting.

  • AICPA Backs FASB on Mark-to-Market Study

    November 12, 2008

    The American Institute of CPAs has written to the Securities and Exchange Commission urging it to allow the Financial Accounting Standards Board to continue to set standards for mark-to-market accounting.

  • AICPA Revises Electronic Confirmations Standard

    November 11, 2008

    The American Institute of CPAs' Auditing Standards Board has revised a standard on the use of electronic confirmations to provide further guidance on reliability.

  • AICPA Plans Virtual College Job Fair

    November 11, 2008

    The American Institute of CPAs will be one of the sponsors of CollegeWeekLive, a virtual job fair for college students scheduled for November 12-13.

  • AICPA Presents Tax Award to Albert Ellentuck

    November 10, 2008

    The American Institute of CPAs has given one of its most prestigious awards to tax attorney Albert B. Ellentuck.

  • Women Win Accounting Awards

    November 7, 2008

    Jacqueline Akerblom, Grant Thornton LLP's managing partner of Women's Initiatives and Programs, has been recognized as the American Society of Women Accountants Educational Foundation's 2008 Balance Awards "Woman of the Year."

  • Economy, International Credential Dominate Fall Council

    November 7, 2008

    The American Institute of CPAs' Fall Council meeting in October focused on the state of the economy, a proposal to internationalize the CPA credential, distinguished service awards and welcoming the upcoming year's new chairman of the board.

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Editors' Picks

  • Full agenda at Council

    The road to IFRS, ongoing regulatory reform and sustainability headline AICPA confab

  • How to Be a Hero to Clients

    Barry Schimel, CPA, gave some thought-provoking tips on how to stay in clients’ good graces during a keynote address this morning at Thomson Reuters Tax & Accounting’s user conference in Orlando.

  • LAUNCHING A PRACTICE: Removing the Barriers to Entry

    CPAs are brilliantly positioned to become successful and profitable wealth managers, yet they often face barriers that, without proper planning, can keep them from taking the necessary steps to create an additional profit center.

  • WebCPA Twitter Page

    Check out WebCPA's Twitter page, WebCPAtweets

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