Category Archives: AICPA
AICPA Ethics: Independence Codification
October 13, 2009 The AICPA Professional Ethics Executive Committee (PEEC) has begun a project to create a single source of easy-to use guidance on AICPA ethics and independence matters. The project will entail restructuring the AICPA Code of Professional Conduct (Code) and combining its guidance with related guidance that is currently not in the Code to…
IFRS East Breakout
April 27, 2009 During the past several years, the move toward a single set of high quality, globally accepted accounting standards has gained momentum. For example, in 2005 the European Union began requiring companies incorporated in its member states whose securities are listed on an EU-regulated stock exchange to prepare their consolidated financial statements in accordance…
AICPA Analysis of Comment Letters SECs Proposal
April 27, 2009 U.S. Uniform CPA for the first time in the UAE Registration begins in May and International Administration set for August 2011 During the past several years, the move toward a single set of high quality, globally accepted accounting standards has gained momentum. For example, in 2005 the European Union began requiring companies incorporated…
AICPA and IFAC Codes: Significant Differences
April 2009 IFAC — Professional accountants are required to apply the conceptual framework to comply with the fundamental principles of the IFAC Code. AICPA — AICPA members are required to comply with rules, not the principles, of the Code. Therefore, based on the current structure of the AICPA Code, principles may not be enforced. Certain principles…
AICPA 120-150 Comment Letter
October 2007 Dear Mr. Costello: On behalf of the Pre-Certification Education Executive Committee (PcEEC) of the AICPA, we are pleased to have the opportunity to submit comments on the above referenced paper. The objective of the PcEEC is “to assist the academic community in preparing students with the core competencies needed for entry into the…
Annual Report on Oversight of AICPA Peer Review Program
June 30, 2007 This document contains a letter from the Mississippi State Board of Public Accountancy in regards to an oversight of the AICPA Peer Review Program. See Full Document:Annual Report Oversight of AICPA Peer Review