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The AICPA and NASBA sign mutual recognition agreement; Sax opens new NYC office; and more news from CPA offices across the country.
March 2
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The American Institute of CPAs and the National Association of State Boards of Accountancy have inked a mutual recognition agreement with the Institute of Chartered Accountants of Scotland to provide a streamlined process for accountants to practice in each other’s country.
February 28
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An omnibus revision to the Statement on Standards for Accounting and Review Services will come out after tax season.
February 26
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The American Institute of CPAs sent the leaders of Congress’s tax committees a set of fixes to the TCJA.
February 22
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The American Institute of CPAs is sending an urgent request to the Internal Revenue Service and the Treasury Department, asking for “immediate guidance” on the definition of the term “qualified business income” for pass-through entities under the new tax law.
February 21 -
American Institute of CPAs president and CEO Barry Melancon discussed how the AICPA pushed for changes in the new tax law, with mixed success, during a speech at an Accountants Club of America meeting in New York on Wednesday.
February 14
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The test-makers are working to keep it responsive to the needs of candidates, employers and the profession. AICPA vice president of exams Mike Decker explains how.
February 12
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The American Institute of CPAs is asking the Internal Revenue Service to provide relief from tax penalties to taxpayers who are required for the first time to file information returns related to Controlled Foreign Corporations.
February 8 -
The Committee of Sponsoring Organizations of the Treadway Commission, in collaboration with the World Business Council for Sustainable Development, released draft guidance Wednesday for applying COSO’s enterprise risk management framework to environmental, social and governance risks.
February 7
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The National Association of State Boards of Accountancy and the American Institute of CPAs have released the eighth edition of the Uniform Accountancy Act, with some important changes, particularly related to “retired accountants” and continuing professional education.
February 5
