AICPA News

Council Highlights: The AICPA's 125th Anniversary

Tue, 22 May 2012 17:57:39 GMT

The AICPA celebrated its 125th anniversary last week at its Spring Meeting of Council, and our reporters were on site to bring you the highlights, including: -- AICPA president and CEO Barry's Melancon's highly anticipated keynote speech. --...

AICPA Applauds Passage Of Mobile Workforce Bill By House Of Representatives

Mon, 21 May 2012 16:54:42 GMT

The following is a statement by Barry C. Melancon, CPA, CGMA, president and CEO of the American Institute of CPAs, in support of the U.S. House of Representatives for passing H.R. 1864. The bill would establish a uniform national standard...

TPA Gives Technical Guidance for Health Care Entities

Thu, 10 May 2012 16:07:15 GMT

The AICPA Health Care Expert Panel has developed technical guidance on the application in consolidated financial statements of a recent accounting standards update for health care entities.

AICPA: Correspondence Audits Challenge Taxpayers

Mon, 07 May 2012 15:36:41 GMT

The IRS’s use of correspondence audits to resolve issues with tax returns has mushroomed over the past decade—but taxpayer satisfaction with the program is fairly low. According to the Treasury Inspector General for Tax...

AICPA Seeks Some Changes to Coso’s Updated Framework Proposal

Thu, 05 Apr 2012 19:01:30 GMT

The AICPA is suggesting changes to the proposed, updated internal control framework of the Committee of Sponsoring Organizations of the Treadway Commission (COSO). In a comment letter, the AICPA wrote that the framework will be a valuable...