Auditing April 28, 2025
AICPA Comments on Proposed Defunding of PCAOB
The House Financial Services Committee has released draft language to defund the PCAOB and transfer its activities to the Securities and Exchange Commission.
Accounting April 7, 2025
AICPA Committee Approves Clarification to Standards for CAS Financial Statement Preparation
The statement clarifies that a CPA is not required to apply AR-C Section 70, Preparation of Financial Statements, when the preparation of financial statements is not the primary objective of a consulting services engagement.
Accounting March 11, 2025
Business Executives’ Outlook on U.S. Economy Fades Amid Tariff and Inflation Worries, AICPA & CIMA Survey Finds
The shift reflects growing concerns about inflation and tariffs, according to the survey, which polls chief executive officers, chief financial officers, controllers, and other CPAs.
Accounting March 4, 2025
Comment Period Opens on AICPA and NASBA Plan for Additional Pathway to CPA Licensure
The AICPA and the National Association of State Boards of Accountancy are seeking public comment over the next 60 days on proposed changes to the accounting profession’s model law, the Uniform Accountancy Act, that would create an additional path to CPA licensure.
AICPA February 14, 2025
AICPA Highlights Key Concerns for Individuals to Keep in Mind During 2024 Tax Season
As taxpayers navigate the challenges of tax season, the American Institute of CPAs (AICPA) is identifying areas individual filers to be aware of for this filing season.
Accounting February 14, 2025
AICPA, NASBA Share Plans for Additional Pathway to CPA Licensure
The American Institute of CPAs and the National Association of State Boards of Accountancy are advancing proposed changes to the Uniform Accountancy Act that would clear the way for states to adopt an additional path to CPA licensure while also adjusting practice mobility requirements.
Firm Management February 10, 2025
Former AICPA CEO Barry Melancon Joins Baker Tilly
The Louisiana native, who retired at the end of last year after a nearly 30-year run as AICPA chief executive, will join Baker Tilly as an advisor and will become a non-executive director and chair-elect of the Baker Tilly International board of directors.
Accounting February 7, 2025
AICPA News – February 2025
AICPA News is a collection of recent announcements from the American Institute of CPAs and the Chartered Institute of Management Accountants.
Accounting February 5, 2025
AICPA Ponders Updating Independence Rules After Swell of Private Equity Activity in Accounting
A task force of the AICPA's Professional Ethics Executive Committee is seeking public comments on its preliminary conclusions about revising independence rules related to alternative practice structures, which public accounting firms typically form after receiving private equity backing.
AICPA January 2, 2025
AICPA Requests Guidance Related to Partial Exclusion for Gain from Certain Small Business Stock
Section 1202 was enacted as part of the Omnibus Budget Reconciliation Act of 1993 as an incentive for taxpayers to start and/or invest in certain small businesses.
Firm Management March 26, 2024
State CPA Societies in Action: Arizona Society of CPAs
State CPA Societies in Action is a series of articles spotlighting the varied educational, advocacy, networking and professional activities of the state CPA societies across the U.S.
Accounting October 4, 2023
AICPA and CIMA to Host Women’s Global Leadership Summit Nov. 13-15 in Phoenix
The summit provides the opportunity for both women and men allies to engage in sessions on leadership, diversity and best practices to enhance the skills and potential of women leaders within the accounting and finance community.