Accounting education

The Certified Financial Planner Board of Standards, Inc. is planning to move to computer-based testing for its CFP Certification Examination, starting in November.

The U.S. Tax Court has ruled against a business student who tried to deduct the cost of tuition for his Masters of Business Administration program, a case that could have major implications for other MBA students who hope to make their tuition more affordable.

The Internal Revenue Service is reminding tax professionals that they can earn continuing professional education credits online through seminars filmed at the 2013 IRS Nationwide Tax Forums.

A pair of lawmakers have introduced legislation to simplify the Tax Code to enable families to more easily afford the cost of higher education.

The Institute of Management Accountants has opened a new Competency Crisis microsite and community designed to give a variety of accounting and finance stakeholders, including professionals, students, employers and academics, a forum to discuss the issue of the talent gap in the accounting profession and come up with potential solutions.

The Income Tax School Inc. has introduced the All-States Individual Income Tax Guide, aimed at students of the company’s ITS Comprehensive Federal Income Tax Course in individual Form 1040 Individual Income Tax Preparation.

The accounting profession and employers should work more actively to get accountants ready for finance leadership roles such as CFOs, according to a new study.

The Tax & Accounting business of Thomson Reuters has acquired the continuing professional education and CPA test preparation division of Bisk Education, Inc., one of the largest providers of online education from American universities.

The American Institute of CPAs has opened submissions for its fourth annual Accounting Competition, which challenges teams of undergraduate students to solve topical financial problems for a $10,000 prize.

The Internal Revenue Service has introduced the IRS Understanding Taxes program, a free online tool designed for classroom use by teachers.

Ernst & Young has donated its historical archives dating back to the early 1900s to Case Western Reserve University.

The Institute of Management Accountants has launched a new initiative to endorse undergraduate accounting programs that provide the skills needed for corporate accountants.

The American Institute of CPAs intends to stop testing for older auditing standards on its Uniform CPA Examination next year.

Congress gave final approval to legislation that would peg the interest rates on government-sponsored student loans to a market-based rate, ensuring that almost 9 million undergraduates will pay 3.86 percent interest on their next loan.

About 11 million U.S. students who need to borrow to cover their college costs would pay 3.86 percent on their next loans under legislation now headed for final passage by Congress.

Coaching and consulting firm PartnersCoach has introduced a Partner-Pipeline program that provides a developmental approach to building future leaders within accounting firms.

To address the market demand for training in Extensible Business Reporting Language, or XBRL, the American Institute of CPAs and XBRL US, the nonprofit consortium for XBRL business reporting standards in the U.S., have introduced an XBRL US GAAP Certificate Program.

I believe that opportunity provides an open door to a limitless future. I also believe that every young person—no matter their race, gender, orientation or disability- should be afforded the exposure to these opportunities.

The International Accounting Education Standards Board has published for comment an exposure draft of its proposed 2014-2016 IAESB Strategy and Work Plan.

The American Institute of CPAs is increasing its webcast options to allow CPAs to attend AICPA conferences virtually.