Economy

The American Institute of CPAs and the Chartered Institute of Management Accountants formally launched their Chartered Global Management Accountant designation on Tuesday with a joint event in New York and London.

Baker Tilly International said Friday that revenues of its global accounting firm network grew 5 percent to $3.2 billion for the year ending June 30, 2011.

NASBA Names Bryant Senior VP

The American Institute of CPAs has begun offering a revenue-sharing arrangement to state CPA societies if they help market the new Chartered Global Management Accountant designation to their members.

The National Society of Accountants is providing a free Web tutorial to help tax practitioners get ready for the Internal Revenue Service’s upcoming Registered Tax Return Preparer competency tests.

Weaver's Goldfarb Named Chair of CFP Board

The American Institute of CPAs has begun selling digital versions of more than 30 of its most popular books on accounting, auditing and practice management.

The American Institute of CPAs has partnered with the Fox Financial Planning Network, a financial services consulting firm in San Diego, to help CPAs add financial planning to their practices.

Canada’s three legacy accounting bodies—the Canadian Institute of Chartered Accountants, the Certified Management Accountants of Canada, and the Certified General Accountants of Canada—presented a proposed framework to their members Tuesday for uniting Canada’s accounting profession.

Coming Events

The Chartered Institute of Management Accountants could eventually merge with the American Institute of CPAs, according to CIMA’s chief executive.

CPAmerica International, an association of more than 80 CPA firm, has unveiled a series of organizational changes and expanded member services teams.

NASBA Names New Prez of Center for Public Trust

The American Institute of CPAs and two Brazilian accounting organizations have signed a two-year agreement paving the way for the CPA Exam to be offered in South America next year.

Mass. Society Honors Women to Watch

SEC WARNED AGAINST CONDORSEMENT APPROACH

We're confident we're not alone in witnessing a number of questionable decisions by the AICPA's managers. One or two poor choices can be overlooked as normal mistakes, but the pattern is clear, to the point that we wonder why people stay affiliated unless they feel management is advancing their special narrow interests.

The American Institute of CPAs settled its copyright infringement lawsuit Tuesday with KAPLI Inc., a provider of review course materials, over the company’s alleged use of some of the questions and test items from the AICPA’s Uniform CPA Exam that had not previously been made public.