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AICPA Offers Input on Draft Rules for Generation-Skipping Transfers

AICPA UPDATES

AICPA Offers Input on Draft Rules for Generation-Skipping Transfers

Estate planning. For many clients, those two words conjure up images of dusty law books, confusing jargon, and enough paperwork to make a small forest weep. And let's be honest, ta...

Apr 11, 2025

3 Min Read

How the AICPA’s New Independence Rules Impact PE in Accounting Firms

AICPA UPDATES

How the AICPA’s New Independence Rules Impact PE in Accounting Firms

"Integrity is doing the right thing, even when no one is watching." That’s the dilemma the AICPA Professional Ethics Executive Committee (PEEC) is tackling: Ho...

Mar 12, 2025

4 Min Read

Will AICPA and NASBA’s New CPA Pathway Solve the Accountant Shortage?

AICPA UPDATES

Will AICPA and NASBA’s New CPA Pathway Solve the Accountant Shortage?

Alright, people, here’s the deal, getting that CPA license has been like climbing Mount McKinley with a briefcase full of tax forms. It’s rigorous, it’s demanding...

Feb 17, 2025

5 Min Read

How Will AICPA’s Independence Rules Impact the Future of CPA Firms?

AICPA UPDATES

How Will AICPA’s Independence Rules Impact the Future of CPA Firms?

Ever heard the phrase, “Follow the money”? That’s exactly what’s happening in accounting. Private equity (PE) money is flooding the profession, firms are cashing in an...

Feb 07, 2025

4 Min Read

AICPA Urges SEC to Halt PCAOB’s New Audit Metrics

AICPA UPDATES

AICPA Urges SEC to Halt PCAOB’s New Audit Metrics

Looks like we’ve got a classic standoff brewing in the world of accounting. The American Institute of CPAs (AICPA) is taking a hard pass on the Public Company Accounting Oversigh...

Dec 26, 2024

5 Min Read

AICPA and NASBA Pave the Way for Accounting professionals

AICPA UPDATES

AICPA and NASBA Pave the Way for Accounting professionals

Who says change comes too late? As the saying goes, better late than never, and the American Institute of CPAs (AICPA) and the National Association of State Boards of Accountancy (...

Nov 20, 2024

4 Min Read

AICPA Pushes Back on IRS’s Basis-Shifting Move

AICPA UPDATES

AICPA Pushes Back on IRS’s Basis-Shifting Move

When the IRS and Treasury released their new guidance on basis-shifting transactions on June 17, 2024, for partnerships, the goal was clear: curb tax avoidance in complex transacti...

Oct 17, 2024

3 Min Read

What’s New in CPA Licensure from AICPA and NASBA?

AICPA UPDATES

What’s New in CPA Licensure from AICPA and NASBA?

Are you an accounting professional concerned about the future of the profession? Then you’re likely aware of the talent shortage the industry is currently facing. The Uniform Acc...

Oct 04, 2024

3 Min Read

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