AICPA

Michael Decker, vice president of examinations at the AICPA, shares a number of potential and planned changes to the CPA Exam.

The Internal Revenue Service and the Treasury Department are extending a number of tax deadlines for individuals, trusts, estates, corporations and others due to the impact of the novel coronavirus.

The American Institute of CPAs has posted a set of frequently asked questions and answers aimed at helping CPAs and their clients with tax filing and tax relief in response to the novel coronavirus pandemic, while pointing out the various shortcomings in the federal government’s response.

The new testing model, which will replace the existing Testing Window model, will allow candidates to take the exam year-round, with no restriction, in the wake of the coronavirus pandemic.

AICPA executives Mark Koziel and Carl Peterson shares strategies, tactics and resources for CPAs trying to make their way through the COVID-19 pandemic.

The American Institute of CPAs wants the Internal Revenue Service and the Treasury Department to give taxpayers more tax filing and payment relief during the COVID-19 pandemic.

The 2020 Q2 CPA Exam testing window will now be extended from June 10 to June 30, 2020.

The Internal Revenue Service posted a frequently asked questions page about the recently announced delay in tax filing and payments until July 15 because of the novel coronavirus pandemic.

Accountants can offer more for clients than help complying with the newly extended deadlines, according to the institute's leadership.

Existing general auditing standards can and should be complied with, despite difficulties.

The coalition proposed the federal government set up and fund a central payroll account for small-business payroll processors to use to direct funds to small businesses to keep paying employees.

A recent webcast urged businesses to focus on potential upsides and customer/employee engagement amid the coronavirus outbreak.

Updates on industry events impacted by coronavirus pandemic

The annual accounting and finance event in Las Vegas has been delayed until an unspecified time "later this year" due to the ongoing coronavirus outbreak.

Bipartisan legislation would extend the deadline after guidance from the Treasury Department fell short.

NASBA and the AICPA announced the decision after test administrator Prometric closed its test centers across the United States and Canada for 30 days.

The American Institute of CPAs’s Financial Reporting Committee released working drafts of two pieces of implementation guidance for the Financial Accounting Standards Board’s long-duration insurance contracts standard.

The American Institute of CPAs has debuted SOC for Supply Chain, a risk management reporting framework that CPAs can use to provide assurance services as they face risks in their supply chain ranging from coronavirus to trade to other threats.

The president said he would allow individuals and businesses to “defer tax payments without interest or penalties” and he urged Congress to cut payroll taxes.

The American Institute of CPAs updated its auditor reporting standards to conform them with recently issued auditing standards.