Economy

The National Association of State Boards of Accountancy and the American Institute of CPAs have proposed revising the standards for continuing professional education to provide greater flexibility for online learning and self-study.

Monika P. Miles, CPA, has been elected president of the American Society of Women Accountants for 2011-2012

The National Association of State Boards of Accountancy and the American Institute of CPAs have launched a new Web site, CPAmobility.org, that provides up-to-date information on the status of CPA mobility laws across the country.

Allen DeLeon, CPA, PFS and a founding partner of local CPA firm DeLeon & Stang, has been appointed chairman of the Maryland Association of CPAs.

The Texas CPA Society has redesigned its online Information Technology Community to help its members prepare for newer technologies such as social media.

The New York State Society of CPAs told the Internal Revenue Service that its upcoming exam for non-CPA tax practitioners should include a section in which exam takers are asked to prepare a sample 1040 return.

The National Association of State Boards of Accountancy has launched a newly redesigned Web site.

The National Society of Accountants has submitted comments to the Internal Revenue Service about plans for a tax preparer competency examination, supporting the intended purpose of verifying the “minimal competency” of tax preparers.

The American Institute of CPAs has written a letter to the Internal Revenue Service offering to help develop the IRS exam for registered tax return preparers by leveraging the AICPA’s own experience with the Uniform CPA Exam.

The Financial Accounting Standards Board has launched a new Web portal for nonpublic entities as the board tries to retain its role as the standard-setter for private company accounting.

The National Society of Accountants has created a new social network for tax preparers.

Emerging Information Systems Inc., developer of NaviPlan and Profiles needs analysis and financial planning software, has become the newest affinity provider for the Financial Planning Association’s Member Advantage Program.

The American Accounting Association reassured its members last week about its legal standing after a professor raised questions about several errors in the series of entities set up by the group of accounting educators and researchers.

It looks as though the time has come for comprehensive patent reform, which includes the banning of tax strategy patents.

Many CPAs in the U.S. already have some knowledge of International Financial Reporting Standards and have begun to develop greater expertise as U.S. and global authorities work to converge U.S. GAAP with IFRS, according to a new survey by the American Institute of CPAs.

The National Society of Accountants and its affiliates have selected Thomson Reuters Checkpoint Learning brand as the exclusive affinity provider for webinars that award continuing professional education credit.

Whether accountants are ready for it or not, technological change the likes of which have not been seen in two decades is coming.

The three-decade-long debate of having differential standards for private companies, the tougher regulatory climate on Capitol Hill, the meteoric rise in cloud and mobile computing and the changing demographics were cited among the top issues impacting the profession.

Payroll and human resources giant Paychex Inc. has extended its Trusted Business Advisor Program relationship with the American Institute of CPAs’ CPA2Biz arm for the next five years, which will include an integrated payroll services component with CPA2Biz’s Cloud Client Accounting Services Platform.

The National Society of Accountants has updated the NSA Enrolled Agent Exam Review Course to conform to revisions in the Enrolled Agent Exam and changes in tax laws.