Tag Archives: AICPA

SHARE: Every quarter, the AICPA is rolling out another Uniform CPA Examination, AICPA Vice President Michael Decker told the NASBA Annual Meeting. He advised everyone to look at the blueprints for the CPA Examination on the AICPA website because every six months they are updated. The role of the Examination is to provide assurance that…

SHARE: American Institute of Certified Public Accountants Executive Vice President Susan Coffey answered many of the questions raised by 46 Boards of Accountancy in response to a survey conducted by NASBA’s Reorganization Impact Task Force (RITF), chaired by John F. Dailey, Jr. (NJ). Ms. Coffey stressed that when someone sees the initials AICPA that refers…

SHARE: Executive Vice President and Chief Operating Officer Colleen Conrad reported that the NASBA/AICPA/Prometric group is researching the possibility of continuous testing, or at least shortening the dark period when candidates are unable to test. NASBA is asking for input from the State Boards on this idea because it would require a rule change as…

SHARE: Since 1995, the NASBA/AICPA International Qualifications Appraisal Board has been talking about the desirability of forging a mutual recognition agreement (MRA) with the professional body in Scotland. Happily, a mutual recognition agreement (MRA) with the Institute of Chartered Accountants of Scotland was signed on February 27 by ICAS Chief Executive Officer Anton Colella, AICPA…

SHARE: January 2018 marked the end of the first year of the joint operation of the American Institute of Certified Public Accountants and the Chartered Institute of Management Accountants under the umbrella of the Association of International Certified Professional Accountants and that relationship has raised questions for State Boards of Accountancy. At the NASBA Board’s…

SHARE: State Board Report November Proof of the work of the NASBA/AICPA International Qualifications Appraisal Board (IQAB) and their counterparts in other countries was evident at NASBA’s Annual Meeting. IQAB Chair Sharon Jensen (MN) moderated a session that saw the signing of the renewal of the tri-party mutual recognition agreement with the Instituto Mexicano de…

SHARE: State Board Report November The speed of change is scary for a profession that is rooted in so many things, AICPA President Barry C. Melancon told the NASBA Annual Meeting. However, he pointed out, “Today the profession is more trusted than at any other time in our history. Our negatives are at the lowest.”…

SHARE: State Board Report November The AICPA received 55 comments on their plans to evolve their Peer Review Program’s administration, many from the Boards of Accountancy, and those comments did have an impact, according to NASBA Compliance Assurance Committee Chair John F. Dailey, Jr. (NJ). Rather than using a consolidation model, that would have set…

SHARE: State Board Report October The need for verification procedures to prevent possible fraudulent or illegal use of a “.CPA” internet domain was stressed in a letter to the Internet Corporation for Assigned Names and Numbers (ICANN) from four U.S. Congressmen: K. Michael Conaway (R-TX), Ruben Kihuen (D-NV), Steve King (R-IN) and Steve Pearce (R-NM).…

SHARE: State Board Report October The American Institute of CPAs released its final plan on the “Evolution of Peer Review Administration” on August 31. The plan is based on an original proposal for reorganization of the peer review program’s administration distributed in February 2016 and then a subsequent paper sent to the State Boards of…