Economy

The National Association of State Boards of Accountancy plans to launch an enhanced Uniform CPA Examination Online Application System in the 32 jurisdictions supported by CPA Examination Services.

President Obama signed the patent reform bill into law on Friday with provisions outlawing patents on tax strategies.

William "Trey" Watkins III, CPA, a member of Watkins Uiberall PLLC has been appointed as a member of the Tennessee State Board of Accountancy.

Online continuing professional education provider CPE Link has partnered with Alliott Group, a global alliance of accounting, law and consulting firms to provide content for Alliott members.

The National Association of Tax Professionals is asking the Internal Revenue Service to clarify a murky provision in the updated Circular 230 rules that seemingly prohibits registered tax preparers from providing “tax advice” to clients unless they're preparing a tax return.

An international committee has unveiled a draft framework for combining financial reporting with other aspects of an organization’s performance, including the environmental and social context.

The National Society of Accountants, Alexandria, elected a new slate of officers for 2011-2012 at its 66th annual meeting, in Anchorage, Alaska

The CFA Institute told the Securities and Exchange Commission that its long anticipated decision on whether or not to incorporate International Financial Reporting Standards into the U.S. financial reporting system should wait until the SEC completes its work plan for incorporating IFRS.

The outlook on the U.S. economy declined further among CFOs, controllers and CPAs in executive and senior management accounting roles in the third quarter, according to a survey by the American Institute of CPAs.

Welcome to Accounting Today's inaugural Accountants Confidence Index. The ACI, created in partnership with ADP, is a new monthly economic indicator that leverages the insights of accountants into the strength and prospects of businesses in the U.S.

Deborah Curry has been selected as the new chief executive officer-executive director of the Florida Institute of CPAs. She is due to start on October 1.

The biggest draw to joining a firm network or association is the other member firms and the expertise and geographical reach that they can provide.

NASBA, AICPA PROPOSE CHANGES IN CPE STANDARDS

The American Institute of CPAs has asked the Internal Revenue Service to extend the Sept. 15 filing deadline for business tax returns for taxpayers and preparers in areas affected by Hurricane Irene.

Hefgine G. Fils-Aime, a recent graduate of the University of South Florida, was given the Beta Alpha Psi Medal of Inspiration Award at the organization's annual meeting in Denver.

Governor Andrew Cuomo has signed a CPA mobility bill into law in New York State.

The American Institute of CPAs told the Internal Revenue Service that it should avoid requiring pre-approval of continuing education courses as part of its tax preparer regulation efforts.

The American Institute of CPAs has recommended that the Securities and Exchange Commission permit public companies in the U.S. to adopt International Financial Reporting Standards on an optional basis.

Oklahoma City CPA Carlos E. Johnson recently received the American Institute of CPAs' Special Recognition Award, which is given to individuals who contribute to the success of a particular professional initiative.

The American Institute of CPAs has written a letter to the Internal Revenue Service asking the IRS to extend the due dates for filing the estate tax form for last year and this year and for a new form for allocating the increase in basis for property acquired from a decedent.