Economy

The American Institute of CPAs has submitted comments to the Internal Revenue Service in support of its proposed regulations for clarifying the treatment of shareholder debt of S corporations.

The National Association of State Boards of Accountancy has named the appointments and positions on its 2012-2013 board of directors, which will be chaired by Gaylen R. Hansen, CPA, a partner at the Denver-based firm Ehrhardt Keefe Steiner & Hottman.

Recent network memberships, awards, new Web sites and more

The parent organization of the International Accounting Standards Board has opened its first regional office abroad, choosing Tokyo as the location of the London-based IFRS Foundation’s Asia-Oceania office.

The role of the CFO will evolve in the future to encompass new challenges such as global economic uncertainty and volatility, fluctuating energy prices, and turbulent currency markets, along with a shift in economic power, according to a new report.

The Institute of Management Accountants and John Wiley & Sons have released the 2013 Wiley CMA Learning System (CMA LS) and Online Intensive Review product suite.

The American Institute of CPAs has adopted a resolution calling on lawmakers to do more to ensure the long-term fiscal health of the United States by better controlling the growing national debt.

The National Association of State Boards of Accountancy presented a series of awards during its annual conference.

The American Institute of CPAs has improved its Interactive Tax Checklists to allow tax professionals to work more efficiently next tax season.

Recent network memberships, awards, new Web sites and more

The Ohio Society of CPAs has appointed Scott Wiley as president and CEO.

While the accounting profession's biggest political action committees lost their main bet on Election Day, they can hope to recoup some of their losses from their side bets in the Senate.

The board of directors of the CFP Board of Standards announced the immediate resignations of its chairman Alan Goldfarb and two members of the Disciplinary and Ethics Commission.

As of 2 p.m. Thursday afternoon, the Web site and e-mail of the New Jersey Society of CPAs were up and running, and the society had begun posting professional updates on its home page.

The American Institute of CPAs has released an exposure draft of its proposed Financial Reporting Framework for Small- and Medium-Sized Entities for comment.

Accounting Today's updated round-up of Hurricane Sandy news, as its aftermath continues to impact the profession. For more updates, follow the #Sandy hashtag on our Twitter accounts @AccountingToday, @TaxProToday and @ATomorrow.

'Binders full of women' at the AICPA's inaugural Women's Global Leadership Summit

Tax and accounting software and information provider CCH laid out disaster recovery policy to support customers whose practices have been affected by Hurricane Sandy.

The New Jersey Society of CPAs has been affected by Hurricane Sandy, which caused extensive destruction in New Jersey, New York and other states along the eastern seaboard.