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Later this fall, members will be asked to vote on the establishment of a new global business credential being developed by an international consortium of accounting organizations that includes the [...]

As a result of investigations of alleged violations of the Code of Professional Conduct of the AICPA and/or state CPA societies, the following ethics cases have been resolved by settlement [...]

As a result of an investigation of alleged violations of the Codes of Professional Conduct of the AICPA and state CPA society, the following ethics case has been resolved by [...]

An exposure draft proposing revisions to the Joint AICPA/NASBA Statement on Standards Jot Continuing Professional Education currently in effect was issued a year ago by the Joint AICPA/NASBA Committee on [...]

The AICPA applauds the move toward improved business reporting documented by the Financial Accounting Standards Board's newly released study identifying voluntary disclosures of business information. The FASB study found that [...]

As part of a continuing effort to make the WebTrust program more responsive to the electronic commerce marketplace for licensees and their clients, three new WebTrust standards have been released [...]

The AICPA's Accounting Standards Executive Committee has issued an exposure draft of a proposed statement of position, Amendment to Scope of Statement of Position 95-2, Financial Reporting by Nonpublic Investment [...]

The House of Representatives passed H.R. 3763, the Corporate and Auditing Accountability, Responsibility, and Transparency Act of 2002, by a vote of 334-90 with broad bipartisan support. The bill would [...]

To help ensure the smooth transition of the Uniform CPA Examination from a paper-and-pencil exam to a computer-based one, the AICPA/NASBA Computerization Implementation Committee (CIC) is seeking colleges, universities and [...]

At its spring meeting, Council authorized a membership vote on a bylaw change to allow the AICPA to establish a separate entity that would issue a new global business credential [...]

The AICPA Peer Review Committee recently issued revised Standards for Performing and Reporting on Peer Reviews in conjunction with revised and new interpretations, effective for peer reviews commencing on or [...]

The AICPA recently distributed a letter to managing partners of firms that perform audits in response to auditors and their clients raising questions regarding the applicability and appropriateness of applying [...]

* AICPA's Standards Update and Implementation Guide, Spring 2003 Edition (formerly The Practitioner's Update) (No. 738455hsCPA07). This highly rated, interactive computer-based auditing and accounting update course will keep you on [...]

The Professional Issues Task Force has issued Practice Alert 2003-2, Journal Entries and Other Adjustments, to provide auditors with guidance regarding the design and performance of audit procedures to fulfill [...]

Following are some of the more significant actions and events that took place at the AICPA Board of Directors' meeting Apr. 2-4: * Members of the AICPA Auditing Standards team [...]

The AICPA's Accounting Standards Executive Committee has issued an exposure draft of a proposed statement of position, Accounting by Insurance Enterprises for Deferred Acquisition Costs on Internal Replacements Other Than [...]

In response to the recently issued Statement on Standards for Accounting and Review Services No. 9, Omnibus Statement, the Accounting and Review Services Committee has issued an updated illustrative representation [...]

Statement of Position 02-2, Accounting for Derivative Instruments and Hedging Activities by Not-for Profit Health Care Organizations, and Clarification of the Performance Indicator (No. 014935CPA02), has been issued by the [...]

The AICPA's Accounting Standards Executive Committee has issued an exposure draft of a statement of position, Clarification of the Scope of the Audit and Accounting Guide Audits of Investment Companies [...]

To help assess how electronic filing of Form 990 is catching on among CPAs, the AICPA recently conducted a survey of past participants of the Institute's Not-for-Profit Conference. The 15-question [...]

I have received many comments and questions lately from members and the media concerning the programs the AICPA has in place to investigate alleged audit failures and discipline its members. [...]

In Dec. 2001, the AICPA's Accounting Standards Executive Committee issued Statement of Position 01-6, Accounting by Certain Entities (Including Entities With Trade Receivables) That Lend to or Finance the Activities [...]

A three-year long initiative to transform the assessment and measurement of continuing professional education has come to fruition with the release the AICPA's and the National Association of State Boards [...]

According to the Financial Accounting Standards Board, questions have been raised regarding proper accounting for such contracts as insurance contracts, guaranteed investment contracts and synthetic GICs since issuance of its [...]

An exposure draft of a Proposed Statement on Responsibilities for Litigation Services No. 1 has been issued by the Statement on Responsibilities Task Force of the Consulting Services Executive Committee's [...]

As a result of decisions by hearing panels of the Joint Trial Board, the following members have had their AICPA memberships: --Terminated: * Ronald Lee Castleman of Warrensburg, Mo., effective [...]

The AICPA this month will release a new practice aid entitled Assets Acquired in a Business Combination to Be Used in Research and Development Activities: A Focus on Software, Electronic [...]

The AICPA has created a task force to develop guidance related to the implementation by private investment companies of certain provisions of the AICPA Audit and Accounting Guide Audits of [...]

A final name has been selected for the proposed global business credential. The International Institute of Strategic Business Professionals (IISBP) was created through an extensive process with input from many [...]

Practice Alert 2001-2, Audit Considerations in Times of Economic Uncertainty, has been issued. The alert is to be used as a tool to remind auditors of issues to consider during [...]