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Association News
Editors' Picks
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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 medias best efforts to portray the current climate as hopeless. Read more
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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
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AICPA Forms Task Force on IRS Proposal
February 8, 2010The Tax Division at the American Institute of CPAs has created a task force to respond to a recent IRS proposal that would require companies to disclose their uncertain tax positions.
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AICPA Issues Practice Aid on Subsequent Events
February 5, 2010The American Institute of CPAs has released a technical practice aid outlining the accountants responsibilities for subsequent events in compilation and review engagements.
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Baker Tilly Virchow Krause CEO to Chair AICPA Major Firms Group
January 28, 2010Timothy L. Christen, chief executive of Baker Tilly Virchow Krause, has been appointed chairman of the American Institute of CPAs Major Firms Group.
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Illinois CPA Society Site Debuts Find a CPA
January 25, 2010The Illinois CPA Society has introduced a Find a CPA feature on its Web site in time for tax season.
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Gamel Receives AICPA Service Award
January 25, 2010The American Institute of CPAs has given its 2009 Personal Financial Planning Distinguished Service Award to financial advisor Beth Gamel.
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AICPA Urges Help for Haiti Earthquake Victims
January 19, 2010The American Institute of CPAs is asking CPAs and others to donate money to help the victims of last weeks devastating earthquake in Haiti.
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More Companies Preparing for XBRL Adoption
January 15, 2010Many companies are getting a jump on preparing for adoption of interactive data-tagging technology on their financial statements, even before they are subject to SEC requirements.
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JHI Accounting Network Outsources Management
January 7, 2010JHI, a global network of independent accounting, business advisory, and financial consultancy firms, is now being managed by CMA Association Management, as of Jan. 4.
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BDO Seidman Rebrands as BDO
January 4, 2010BDO Seidman is shortening its name to BDO, joining 115 other member firms of the BDO International network around the world in the rebranding movement.
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Jean Stephens
December 29, 2009The CEO of RSM International sees accounting firms starting to participate in the economic recovery globally.
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Panel to Deliberate on Private Company Standards
December 17, 2009The American Institute of CPAs and the Financial Accounting Foundation, which oversees the Financial Accounting Standards Board, are setting up a blue-ribbon panel to discuss how U.S. accounting standards can best meet the needs of users of private company financial statements.
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AICPA, CICA Combat ID Theft with Privacy Principles
December 3, 2009The American Institute of CPAs and the Canadian Institute of Chartered Accountants have updated the privacy principles that accountants can recommend to clients with more measures to fight identity theft.
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AICPA Objects to Reckless Behavior Bill
November 23, 2009The American Institute of CPAs has written to the leaders of the Senate Banking, Housing and Urban Affairs Committee opposing language in a proposed law that could expose more accountants to fraud lawsuits.
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COMING EVENTS
November 16, 2009 -
AICPA Sues FTC over Identity Theft Rule
November 11, 2009The American Institute of CPAs has filed a lawsuit against the Federal Trade Commission challenging the applicability of the so-called Red Flags Rule to CPAs.
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Four from Herbein Appointed to PKF Committees
November 11, 2009Herbein + Company said that that four of its partners and executives have been appointed to serve on several of the PKF North American Networks committees in 2010.
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Boston-Area CPA Elected to Russell Bedford Board
November 10, 2009William F. Rucci, Jr., a CPA and MST, and a partner in the Boston-area accounting and business advisory firm Rucci, Bardaro & Barrett, has been elected to the board of directors of Russell Bedford International, a global network of independent accounting, business and legal consulting firms with affiliates in over 70 countries.
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Eisner Joins PKF International
November 10, 2009Eisner LLP has become a member firm of the PKF International Limited network.
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Pennsylvania CPAs Look to Honor Civic Minded
November 9, 2009The Pennsylvania Institute of CPAs is seeking nominations for its 2010 Distinguished Public Service Award.
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Q&A with Bob Harris: Focusing on the crisis - and beyond (Unabridged)
November 2, 2009The new AICPA chair speaks out on IFRS, the CPA Exam, preparer registration, and more
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COMING EVENTS
November 2, 2009 -
LETTER: In defense of trade shows
November 2, 2009I 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.
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AICPA Honors David Lifson
October 28, 2009The 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.
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Afghans Study Accounting During Wartime
October 27, 2009Studying for a professional accountancy qualification is usually enough of a challenge for most people.
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CalCPA Helps Inactive California CPAs Reactivate
October 22, 2009The California Society of CPAs is offering a special CPA Activate Pass to help inactive CPAs regain active status.
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IFRS, Sustainability, Reform Emerge as Key Issues for 2009-2010 AICPA Chair
October 21, 2009Challenging 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 organizations 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.
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Private Cos. Reporting Head: Now Is Time for Separate GAAP!
October 20, 2009As 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.
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Reform Legislation, Global Standards Headline Fall Council Opener
October 19, 2009A broad review of both proposed and existing measures emanating from the nations 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 AICPAs Fall Meeting of Council, here.
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AICPA Wants U.S. Companies to Help Fund IASB
October 6, 2009American 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.
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AICPA Sets Date for Launch of Revamped CPA Exam
September 25, 2009The 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.
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AICPA Objects to Burdensome Budget Requirements
September 25, 2009Among the revenue proposals detailed in the administrations fiscal 2010 budget are some provisions that might negatively affect small businesses and tax preparers.
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Crowe Horwath Expands in Brazil and China
September 24, 2009Crowe Horwath International has appointed Crowe Horwath RCS as its new member firm in Brazil and selected WanLongAsia as its lead firm in China.
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AICPA Joins Alliance for Investor Education
September 17, 2009The American Institute of CPAs, the Certified Financial Planner Board of Standards, and the Retirement Security Project have joined the nonprofit Alliance for Investor Education.
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Governor Proclaims Virginia CPA Week
September 15, 2009Virginia Governor Tim Kaine has declared Sept. 13 to 19 to be Virginia Certified Public Accountants Week.
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AICPA Publishes Book on Fraud Investigations
September 9, 2009The American Institute of CPAs has released a new book to help businesses conduct fraud inquiries.
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Survey Finds Economic Recovery Still Fragile
September 9, 2009Claims 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.
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AICPA Advises IRS to Stick to Circular 230 for CPAs
September 1, 2009The 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.
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AICPA Complains to Washington about Tax Penalties
August 31, 2009The American Institute of CPAs criticized overly broad and disproportionate tax penalties levied on both tax preparers and taxpayers in a report submitted to Congresss tax-writing committees, the Treasury Department and the IRS.
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U.S., New Zealand Sign Mutual Recognition Deal
August 17, 2009The 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.
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AICPA Reports on CPA Reliability
August 13, 2009The American Institute of CPAs has published a report on the reliability and independence of CPAs, as seen from the perspective of commercial bankers.
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Former CalCPA CEO John Dunleavy Dead at 68
August 13, 2009John Dunleavy, who led both the California CPA Education Foundation and the California Society of CPAs, has died.
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IMA Creates XBRL Advisory Committee
August 12, 2009The Institute of Management Accountants has formed a new XBRL Advisory Committee to focus on the untapped market needs created by interactive data-tagging technology.
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AICPA Recognizes Outstanding Government CPAs
August 10, 2009The 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.
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AAM Replaces Management
July 29, 2009The 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.
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IMA Builds Social Network
July 17, 2009The Institute of Management Accountants has created a social network that has attracted over 2,300 members since it launched about a month ago.
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Indiana CPA Society Announces New Board
July 8, 2009J. 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.
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Ohio Society of CPAs Installs New Officers
July 8, 2009The Ohio Society of CPAs installed J. Matthew Yuskewich as chairman of the executive board at the societys June 30 Members Summit & Annual Meeting.
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Texas CPAs Name New Chairman, Officials and Board
July 8, 2009The Texas Society of CPAs has elected Kym Anderson as its new chairman, and picked a slate of other officials and board members.
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PKF Opens Exit Planning Center
July 8, 2009The 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.
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A Million Computerized CPA Exams and Counting
July 8, 2009One million sections of the computerized Uniform CPA Examination have now been administered, according to the organizations in charge of the exam.
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Client Retention Worries CPA Firms
July 7, 2009CPA firms of all sizes are facing challenges with client retention, according to a new survey by the American Institute of CPAs.
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AICPA Convenes Leadership Academy
July 6, 2009The American Institute of CPAs is convening its first Leadership Academy this week with 28 CPAs under the age of 35.
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CPA Firms See Economic Recovery on Horizon
June 26, 2009A new survey of small and midsized CPA firms indicates that they see signs of economic recovery coming by the end of the year.
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Trade Groups Aim to Influence Accounting Standards
June 22, 2009Nine 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.
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New York CPAs Prepare for Accountancy Reform Law
June 22, 2009New Yorks 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.
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Ohio CPAs Create Free Online Job Board
June 17, 2009The Ohio Society of CPAs has launched a free online job-listing service to connect businesses with contract CPAs during the recession.
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Institute Revamps CITP Credential, Gives Second Life Demo
June 16, 2009The American Institute of CPAs has revised its Certified Information Technology Professional designation, redefining the credentials 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.
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IFAC Plans G-20 Accountancy Summit
June 9, 2009The 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.
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Virchow Krause Changes Name to Baker Tilly
June 1, 2009Accounting firm Virchow Krause has changed its name to Baker Tilly to reflect its membership in the international accounting network.
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Financial Exec Hall of Fame Nominees Sought
May 29, 2009Financial Executives International is looking for nominations for its 2009 Hall of Fame.
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'Cloud Computing'
May 20, 2009 -
Accounting & Auditing Brief
May 20, 2009 -
Financial Planning Group Supports More Regulation
April 28, 2009A 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.
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Peer Review in need of review?
April 19, 2009Can anything good come out of a $65 billion Ponzi scheme?
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Texas CPAs: Fair Value Changes Hurt CPA Credibility
April 13, 2009Society urges FASB to take more time.
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Coda Upgrades Coda 2go for Salesforce.com
April 8, 2009Coda 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.
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AICPA Teams with Intacct on Cloud Computing
April 7, 2009The 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.
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Melancon Reappointed
March 31, 2009 -
AICPA Launches Economic Crisis Resource Center
March 31, 2009 -
Institute Guide Offers Disaster Recovery Tips
March 30, 2009The 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.
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New York CPAs Name Hall of Fame Members
March 24, 2009The New York State Society of CPAs has named William Donaldson and Sidney Kess to its Hall of Fame.
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AICPA Supports International Monitoring Board
March 19, 2009The 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.
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Melancon Speaks out on Top Accounting Issues
March 12, 2009American 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.
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AICPA Adds Four Members to Auditing Board
March 3, 2009The American Institute of CPAs has appointed four new members of the Auditing Standards Board.
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LBMC Forms IT Security Arm
February 26, 2009The 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.
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Security, privacy issues claim top spots on AICPA's Top Tech poll
February 23, 2009The more things change, the more they stay the same.
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AICPA Reappoints Melancon
February 23, 2009The American Institute of CPAs' board of directors has extended Barry Melancon's term as president and CEO for another five years.
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Outlook Dims for Recovery This Year
February 19, 2009CFOs 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.
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CCH Teams with AICPA on College Textbooks
February 11, 2009CCH has signed a deal with the American Institute of CPAs to sell and distribute AICPA publications to the undergraduate and graduate college market.
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AICPA Opens Job Site for Out-of-Work CPAs
February 11, 2009The American Institute of CPAs has opened a free online job finder to help accountants find work during the recession.
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Editors' Picks
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Better ways to get paid
Start with being clear about what you're charging
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IRS Overdue on Paying Hazardous Waste Fee
An IRS processing center in Kansas City, Mo., is overdue on paying a $172.50 fee for a hazardous waste removal permit dating back to 2006.
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Should 401(k) plans be scrapped?
Some have bemoaned the failure of 401(k) plans to provide for our retirement.
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