AICPA

Robert E. Denham is the recipient of the AICPA 2009 Medal of Honor. William F. Ezzell is the 2009 recipient of the Institute's Gold Medal Award for Distinguished Service.

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Robert R. Harris, CPA, who served on both the board of directors and governing Council of the American Institute of Certified Public Accountants, has become the Institute's chairman. His term is one year.

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The American Institute of Certified Public Accountants has named Carol S. Scott as its new vice president – business, industry, and government.

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The AICPA told a U.S. House panel that certified public accountants should be exempt from pending legislation to create a new Consumer Financial Protection Agency because CPAs are already highly regulated.

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Some call it “auditing the auditors.” On a regular basis, professionals cross check each other. That sounds like a good thing. But is it?

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The AICPA Peer Review Program includes different levels of peer reviews - a system peer review and an engagement peer review.

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Peer reviews are required of all CPA firms that are members of the AICPA, and audit committees often use the peer reviews as a way to assess whether they should hire a particular firm.

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Peer reviewers and firms must focus on six changes in the newly revised AICPA Standards on Performing and Reporting on Peer Reviews.

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