Associations

The New York State Society of CPAs has elected Joseph M. Falbo Jr. as its new president.

The Virginia Society of CPAs has announced its officers and board of directors for the 2015–2016 fiscal year.

The U.S. Labor Department’s Employee Benefits Security Administration has released a study criticizing the quality of employee benefit plan audits performed by CPAs, finding that serious deficiencies in 39 percent of the audits are putting the benefit plans and 22.5 million participants and beneficiaries at risk.

Claire Ighodaro, a board member of the International Ethics Standards Board for Accountants, sees a need for firms to promote an ethical culture by setting a tone at the top levels of the organization.

The American Institute of CPAs is beginning to administer exams for the Chartered Global Management Accountant designation.

The American Institute of CPAs is offering an online CPA personality quiz that’s garnering attention among CPAs young and old alike.

The global economy is showing stronger signs of improvement in the first quarter of the year, according to a new survey by the Association of Chartered Certified Accountants and the Institute of Management Accountants.

The National Association of State Boards of Accountancy and the American Institute of CPAs are proposing to revise the standards for continuing professional education for accountants, adding new methods for “blended learning” combining live classes and online study, and “nano-learning” in short 10-minute segments.

House Ways and Means Committee chairman Paul Ryan, R-Wis., explained his tax reform plans Tuesday during a speech before the American Institute of CPAs at the AICPA’s Spring Meeting of Council in Washington, D.C.

The American Institute of CPAs’ governing council approved a resolution authorizing the development of two new credentials for fair value measurement at the AICPA’s Spring Meeting of Council in Washington, D.C., on Monday.

American Institute of CPAs president and CEO Barry Melancon told AICPA members at the Spring Meeting of Council in Washington, D.C., on Monday about the Institute’s efforts to improve audit quality and the peer review process.

The Financial Accounting Foundation has released its 2014 annual report, which focuses on its recently released strategic plan.

The American Institute of CPAs kicked off its Spring Meeting of Council in Washington, D.C., on Sunday with a packed agenda of meetings with lawmakers to press for priorities, including improvements in taxpayer service by the Internal Revenue Service.

The International Federation of Accountants has submitted a response to the European Commission regarding a recent green paper on building a stronger capital markets union.

The International Federation of Accountants has released guidance to help professional accountancy organizations with their advocacy and public policy efforts, along with a proposed compliance strategy for IFAC member bodies around the world.

The Private Company Council that the Financial Accounting Foundation created three years ago appears to be fulfilling its mission of providing relief for privately held companies from onerous accounting requirements, but some groups are worried that it will lose its powers and independence.

The Institute of Certified Public Accountants in Ireland, also known as CPA Ireland, has signed a memorandum of understanding with the Association of Certified Accountants and Auditors of Belarus, further extending the Institute’s international network and influence in Europe.

The American Institute of CPAs has created a new membership section for practitioners and others who serve or work for the not-for-profit sector.

The International Ethics Standards Board for Accountants has re-exposed a proposed standard to guide auditors, other professional accountants in public practice, and professional accountants in business to help them decide how best to act in the public interest when they come across an act or suspected act of non-compliance with laws and regulations.

The Indiana CPA Society marked its 100th anniversary on Wednesday, May 6.