AICPA

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 How Business Valuation Services Can Benefit Accounting Firms

March 7, 2014 

How Business Valuation Services Can Benefit Accounting Firms

The practice of conducting a business valuation is a mix between art and science. There are standards that guide the professional appraiser, such as the Statement on Standards for Valuation Services (SSVS) published by the AICPA and the Uniform Standards of Professional Appraisal Practice published by the American Society of Appraisers. However, there is also…

 AICPA Commends FAF for Funding IASB

January 28, 2014 

AICPA Commends FAF for Funding IASB

The American Institute of CPAs (AICPA) issued the following statement by President and CEO Barry C. Melancon, CPA, CGMA, in response to the Financial Accounting Foundation’s announcement that it will provide funding to the International Financial Reporting Standards Foundation to support the completion of international convergence projects:

 AICPA Accepting Applications for Accounting Scholars Workshop

January 27, 2014 

AICPA Accepting Applications for Accounting Scholars Workshop

Applications for the AICPA's Accounting Scholars Leadership Workshop are now being accepted. Now in their 20th year, the Workshops are an annual invitational program for minority accounting students who plan to pursue the CPA designation.

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January 21, 2014 

AICPA Honors CPA for Contributions to Financial Planning

The American Institute of CPAs today recognized Steven Levey, CPA/PFS, CGMA, with the AICPA Special Recognition Award for 2014. The Institute presents the award to individuals who have made outstanding contributions to a particular area of the profession.

 Stanley Baiman, Ph.D., Receives Lifetime Contribution Award from AAA

January 14, 2014 

Stanley Baiman, Ph.D., Receives Lifetime Contribution Award from AAA

The American Institute of CPAs (AICPA) and the Management Accounting Section of the American Accounting Association (AAA) have announced that Stanley Baiman, Ph.D., has been awarded the 2014 Lifetime Contribution Award. Professor Baiman was honored for his 30 plus years of research and teaching of key management accounting issues, including those relevant in inter-firm contracting…

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December 18, 2013 

Teddy Roosevelt Welcome CPAs Back to Wall Street

Former New York City Police Commissioner Theodore Roosevelt, who later served as the 26th President of the United States, was a special guest of honor Wednesday evening at an open house for the state’s largest association of professional accountants.

 How Analytical Procedures Help Evaluation of Financial Data

November 20, 2013 

How Analytical Procedures Help Evaluation of Financial Data

Analytical procedures are used by accountants in multiple levels of service, and they are critical to evaluating financial data and variations that occur in financial data. But selecting and documenting analytical procedures are subjective processes, so the area of analytical procedures is one that can cause frustration for accountants.