In an August 7 letter sent to Congress, the AICPA and CPA societies from the US Virgin Islands and Guam sought clarification on the applicability of the net investment income tax to bona fide residents of the US territories.
The AICPA on Thursday released a discussion paper seeking input from CPAs, regulators, financial statement users, and others in the profession on how better audit performance of private entities, such as not-for-profits, can be achieved.
According to "The Work of Leadership," adaptive work is required when “our deeply held beliefs are challenged, when the values that made us successful become less relevant, and when legitimate yet competing perspectives emerge.” All of these are true for CPE.
Accountants who specialize in forensic and valuation services point to electronic data analysis, or big data, as the most pressing issue they’ll face in the coming months, according to results of a new survey released on Tuesday by the AICPA.
The federal lawsuit, filed on Tuesday, said the IRS’s new Annual Filing Season Program is “unlawful” and an attempt to bypass two courts’ rulings that prevent the agency from mandating continuing education and competency testing of unlicensed tax return preparers.
The responsibilities of the CFO and other finance professionals have moved beyond corporate accounting and financial reporting, and now include strategic business planning, IT development, and cybersecurity, among other areas.
The number of CPAs and financial executives who are optimistic about the US economy has surpassed the 50 percent mark for the first time since the recession, according to a new AICPA survey released on Thursday.
In a letter to IRS Commissioner John Koskinen on Wednesday, AICPA officials wrote that the agency's proposed voluntary certification program would cause confusion among the tax administration and tax preparation community.
To more closely align with its mission of “empowering CPAs and businesses for the digital age,” CPA2Biz, the business and technology services subsidiary of the AICPA, has been renamed CPA.com, effective immediately.
A member alert issued by the Center for Audit Quality and the AICPA outlines regulatory changes for audits and attestation engagements of brokers and dealers and futures commission merchants that are effective June 1.
The legislation, which was supported by the AICPA, was passed in the Senate earlier this month and in the House yesterday. The bill will make federal government spending data publicly available online.
Get organized, don't wait until the last minute to prepare your return, and ask questions are among the top tips for taxpayers who haven't yet filed their individual income tax returns, according to the American Institute of CPAs.
There is increased optimism about the US economy among business executives, as more are anticipating modest growth in recruitment, staff training, and targeted capital spending in the next year, according to results of a new survey released today by the American Institute of CPAs (AICPA).
A new accounting game launched this month by the American Institute of CPAs, Bank On It, challenges high school students on accounting fundamentals and real-world workplace scenarios in the context of an online board game.
In a February 19 letter sent to the top tax legislators in Congress, the American Institute of CPAs (AICPA) outlined a set of proposals that would simplify or make technical corrections to the nation’s tax code.
The two organizations unveiled a draft comprehensive framework on February 10 designed to help CFOs, CEOs, and boards of directors around the world benchmark and improve their management accounting processes.