AICPA | AccountingWEB



What CPAs need to know about Cloud security

No computing environment is completely secure. However, some environments are more secure than others.
Community News

WebsterRogers’ King and Sebastian awarded CFF credential by AICPA

James King and Patrice Sebastian of regional accounting firm WebsterRogers’ Columbia, South Carolina office, recently have been awarded the certified in financial forensics (CFF) credential by the American Institute of Certified Public Accountants (AICPA).

AICPA publishes guide to help CPAs comply with engagement letter requirement

The AICPA has developed a new guide, Compilation and Review Engagements, for CPAs at smaller firms who perform financial audits. The guide is designed to help them comply with a new engagement letter requirement.

AICPA Practitioners and TECH+ Conferences: The view from the crowd

For those who might think there is a stodgy side to conferences presented by the venerable AICPA, be prepared to change that notion. The recent Practitioners and TECH+ Conference was anything but stodgy.

AICPA, SHRM recognize successful financial literacy programs

The American Institute of Certified Public Accountants and the Society for Human Resource Management are creating a national award that recognizes employers for financial education programs for staff.

U.S. CPAs gaining in IFRS awareness

CPAs are gaining awareness about International Financial Reporting Standards. Furthermore, CPAs increasingly foresee a need to gain advanced or expert knowledge as the U.S. moves toward global accounting standards.
Community News

Accountants and accounting firms helping Haiti disaster victims

Across the U.S., firms and individuals in the accounting profession are answering the urgent need for help for victims of the 7.0 magnitude earthquake disaster in the island republic of Haiti on January 12.
Community News

Rick Anderson named to head “Blue-Ribbon Panel" on accounting standards for private companies

Rick Anderson, chairman and CEO of Moss Adams LLP, has been named chairman of a “blue-ribbon panel” established to analyze U.S. accounting standards and how they can best meet the needs of users of private company financial statements.

U.S. Reps who are also CPAs call for Comptroller General to be a CPA too

A bipartisan effort has resulted in legislation that could require the next comptroller general to be a CPA.

Blue ribbon panel to address private company accounting standards

The American Institute of Certified Public Accountants (AICPA) and the Financial Accounting Foundation (FAF) have announced the establishment of a “blue-ribbon panel” to address how U.S. accounting standards can best meet the needs of users of private company financial statements.

Revised Generally Accepted Privacy Principles seek to curtail identity theft

Responding to a spike in identity theft and increasing storage of personal information on portable devices, the AICPA and the CICA have expanded Generally Accepted Privacy Principles.

Systemic risk legislation amendment threatens FASB’s independence

Barry Melancon and Cindy Fornelli participated in a joint briefing on Monday to express their strong opposition to an amendment to the Financial Stability Improvement Act.

Robert Denham, William Ezzell receive AICPA awards

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.

Robert Harris elected as new chairman of the AICPA

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.
Community News

Carol Scott named AICPA vice president of business, industry and government

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

AICPA: CPAs should be exempt from pending consumer financial protection legislation

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.

Is peer review all it's cracked up to be?

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

Peer review: System reviews versus engagement reviews

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

AICPA offers tips for choosing a peer reviewer

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.
Community News

Peer review teams must rely on AICPA's revised standards

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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