AICPA | AccountingWEB.com

AICPA Creates Social Networking Site for Aspiring Accountants

02/08/2012 - 13:20 - 996 reads

The American Institute of Certified Public Accountants (AICPA) has partnered with Telligent to create a social networking site - This Way to CPA - for college students aspiring to become accountants. This Way to CPA is designed to increase awareness of AICPA and to drive its recruitment efforts.

CGMA: Global Management Accounting Designation Launched by AICPA and CIMA

02/01/2012 - 13:30 - 1587 reads - 1 comment

In a joint venture, the AICPA and the CIMA have launched a new global accounting designation – Chartered Global Management Accountant (CGMA) – that recognizes the unique skills of professional management accountants working in business.

Calling All Future CPAs! AICPA's 'Start Here, Go Places' Website

01/30/2012 - 11:29 - 647 reads

When the AICPA decided to enhance its Start Here, Go Places website – a platform for high school and community college students interested in exploring a career in accounting – they didn't hire an outside web consulting firm or float the idea in a marketing team meeting. They took it right to the source.

Karen Goodfriend Receives AICPA's 2011 PFP Distinguished Service Award

01/26/2012 - 17:34 - 574 reads

On January 17, the AICPA recognized Karen Goodfriend's long history of service when it named her the recipient of its 2011 Personal Financial Planning Distinguished Service Award. The award is given annually to an AICPA volunteer who significantly contributes to the advancement of personal financial planning.

FEI CPC-S Comments on FAF Plan for Private Co's; Over 6,600 Comment Letters Received by FAF

01/19/2012 - 21:43 - 547 reads

FEI's Committee on Private Company Standards (CPC-S) filed its comment letter last week on the Financial Accounting Foundation's proposal to improve accounting standard-setting for private companies, formally entitled the FAF's Plan to Establish the Private Company Standards Improvements Council (PCSIC) (the 'FAF Plan').

FEI

FASB Is Viewing Private Company Standards through a Different Lens

01/05/2012 - 17:55 - 1920 reads

In advance of a formal decision by the FAF on a differential framework for making exceptions and modifications to GAAP for private companies, the FASB has taken steps to identify and make decisions/tentative decisions regarding current accounting standards.

IMA Ready to Compete with AICPA/CIMA Management Accounting Designation

12/28/2011 - 13:36 - 4583 reads - 2 comments

The IMA, which has offered the CMA credential since 1972, is facing "fierce competition" from a new management accounting designation – Chartered Global Management Accountant (CGMA) – that the AICPA and CIMA will launch in January 2012, according to Jeffrey Thomson, IMA President and CEO.

North Carolina State University Students Win AICPA National Accounting Competition

12/21/2011 - 18:10 - 1475 reads

On December 17, the AICPA named seventeen students from North Carolina State University winners of the AICPA National Accounting Competition. The case competition focused on a fictional Texas company looking to expand its business into the Nigerian oil fields. The team received a $10,000 award.

AICPA Panelists Examine Economic Outlook Survey Findings: CPA Leaders Remain Somewhat Pessimistic about US Economy

12/16/2011 - 13:02 - 1127 reads

AICPA Business and Industry Economic Outlook Survey measured nine components All nine components showed modest improvement in the fourth quarter Survey revealed increased optimism that the US economy will improve in 2012 AICPA Webcast, "Looking Ahead to 2012: Progress of Paralysis?" covering the survey to be made available

IFRS Update: SEC Decision on Adopting IFRS Still Months Away

12/12/2011 - 12:42 - 1975 reads

James Kroeker, the SEC chief accountant, said last week that the SEC staff will need "at least a few more months" to complete its work on a report to the commission that will show the impact of adopting IFRS on US companies and capital markets. The SEC will study the staff report before making a decision.