by Bill Carlino and Melissa Klein Aguilar Scottsdale, Ariz. — In contrast to the emotional gatherings of years past, the Spring meeting of Council of the American Institute of CPAs last month was a relatively calm affair as the institute’s 240-member Council evaluated a series of measures ranging from increased peer review transparency to continuing the “Big GAAP-little GAAP” debate.
With the institute’s role morphing from the project-heavy and sometimes polarizing entity of several years ago, its two-day confab featured its usual roster of professional issues — although they were noticeably lighter in terms of controversy — and also served as a showcase for new public-service partnerships like its women’s financial literacy campaign.
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