CPA Association News

Easily add your CPA credential to LinkedIn with one click

CPA Letter Daily | May 01, 2015

Your CPA credential demonstrates your commitment to quality, ethics and competency and represents a lot of hard work. Why not show it off? You can now add your CPA certification to your LinkedIn profile and showcase your expertise to colleagues, peers, employers, recruiters and more.

Register today: Understand the situations, reasons and impact of decanting

CPA Letter Daily | May 01, 2015

Learn how to maximize the benefits of decanting -- essentially pouring the assets of an existing trust into a new one -- on behalf of your clients. Register today for the webcast, and join us Tuesday, May 12, at 1 p.m. ET.

Order today: Comprehensive prep for the ABV exam

CPA Letter Daily | Apr 30, 2015

Newly enhanced and closely aligned with the exam, the ABV Exam Review Course: Self-Study Edition is an essential step to earning the Accredited in Business Valuation credential. It features 300 review questions and a trial exam to boost your confidence and success.

FAQ resource provides additional guidance on PFP standards

CPA Letter Daily | Apr 30, 2015

Answers to new frequently asked questions about the Statement on Standards in PFP Services are now available as part of the Compliance Toolkit. This document provides nonauthoritative guidance to assist with compliance and may be used in conjunction with the standard. Among the additions is new guidance on applicability of the standard, documentation and disclosure, and tax planning services.

Help small-business clients better understand compilation, review and audit

CPA Letter Daily | Apr 29, 2015

A new tool helps small-business owners understand the levels of assurance provided through various CPA services. Guide to Financial Statement Services: Compilation, Review and Audit, the latest co-brandable, printable resource in the AICPA's Small Business Marketing Toolkit, is available for download. The resource was created to help CPAs communicate their value to the small-business community.

Order today: Answers to your clients' Social Security questions

CPA Letter Daily | Apr 29, 2015

The CPA's Guide to Social Security Planning, an e-book that offers planning guidance and answers to actual client questions, is designed to help you unlock the mystery of retirement planning.

AICPA Q&As aid practitioners with regard to ALTA best practices framework

CPA Letter Daily | Apr 28, 2015

New technical questions and answers issued by the AICPA provide nonauthoritative guidance for practitioners regarding the types of engagements practitioners may perform in connection with the American Land Title Association's "Best Practices" framework.

Register today: Attaining Reasonable Certainty in Damages Cases

CPA Letter Daily | Apr 28, 2015

How do the courts define reasonable certainty in damages calculations? What aspects of a damages calculation are mostly likely to be scrutinized? How have the courts ruled on both sides of these issues? Join us for a webcast Wednesday, May 13 at 2:30 p.m. ET, dealing with causation, relying on management information, and nuances surrounding new businesses.

Get a clear picture of the vision for the future of practice monitoring

CPA Letter Daily | Apr 27, 2015

A new infographic illustrates the concept behind the profession's plan to transform the Peer Review Program into an ongoing, near-real-time practice monitoring process. This is a long-term effort of the AICPA's Enhancing Audit Quality initiative and the topic of a recent concept paper. Provide your insights on the paper online or submit feedback via email at before June 15.

Order today: Best options for interacting with the IRS

CPA Letter Daily | Apr 27, 2015

Learn about what may trigger an audit and how to negotiate with the IRS, settle on appeal and qualify for an IRS collection program. This CPE course will provide tips and tricks to help you represent your clients with confidence and evaluate their best options.

Keep up to date on SSARS No. 21 implementation

CPA Letter Daily | Apr 24, 2015

Understand the most significant revisions to standards for accountants in public practice who prepare financial statements. Visit the AICPA's Statement on Standards for Accounting and Review Services No. 21 webpage, where you will find background information on the standard, resources and a video.

Register today: Using SOC 1 reports in EBP financial statement audits

CPA Letter Daily | Apr 24, 2015

Auditors of employee benefit plans are invited to learn how to effectively use the EBP Audit Quality Center's SOC 1 tool, which assists auditors in documenting their review of SOC 1 reports in EBP audits. Join the webcast on Tuesday, May 5, at 1 p.m. ET.

AICPA first-quarter disciplinary actions are now available

CPA Letter Daily | Apr 23, 2015

The Professional Ethics Division released the results of case investigations that resulted in disciplinary actions against AICPA members during the first quarter of 2015. This information was published in The Wall Street Journal on April 13, 2015, as required by the AICPA's bylaws and as prescribed by its governing Council.

Order today: Not-for-Profit Certificate Program

CPA Letter Daily | Apr 23, 2015

Set yourself apart with the Not-for-Profit Certificate, a 40-hour CPE program that covers the essentials of not-for-profit accounting and financial reporting, tax compliance, governance and assurance.

What practice-related challenges keep you up at night?

CPA Letter Daily | Apr 22, 2015

CPAs in public accounting: Tell us your concerns by completing the AICPA Private Companies Practice Section CPA Firm Top Issues Survey. Survey results will highlight top issues firms face today and help us develop the tools and resources you need to run your practice more efficiently. The survey takes about 10 minutes to complete and closes May 15.

Apply to volunteer with the AICPA by May 15

CPA Letter Daily | Apr 21, 2015

The AICPA invites you, or someone you know, to apply for an AICPA volunteer position for the next volunteer year (October 2015 - October 2016). There are 17 open positions across the Board of Examiners (BOE) and its subcommittees. Apply through Volunteer Central by May 15, 2015. Questions? Email the AICPA at

Take advantage of free FRF for SMEs resources

CPA Letter Daily | Apr 20, 2015

The AICPA's Financial Reporting Framework for Small- and Medium-Sized Entities often may be the best reporting option for owner-managed, privately held entities that do not need to use U.S. GAAP as the basis for their financial statements. A case study explains how one CPA firm added the FRF for SMEs to its service offerings and educated clients and financial statement users about the framework.

Register today: Snapshot of M&A in the middle market

CPA Letter Daily | Apr 20, 2015

Join us for this webcast providing an overview of middle-market buyers and sellers, as well as a wide range of industries and transaction types, on April 30, at 2 p.m. ET.

Definition of "affiliate" proposed for comment

CPA Letter Daily | Apr 17, 2015

The AICPA's Professional Ethics Division has exposed for comment revisions to the definition of "affiliate." The proposal provides guidance on how to treat multiemployer employee benefit plans under this definition. Comments on the exposure draft can be sent to Lisa Snyder and will be accepted until May 18.

Register today: Your strategic vision for long-term success

CPA Letter Daily | Apr 17, 2015

For new partners/owners, managers on the firm partner track or practice leaders seeking partnership skills, the AICPA Emerging Partner Training Forum is a collegial event to hone the next phase of career goals. Join us June 18-19 in Durham, N.C., or New York.

Financial literacy opportunities are everywhere

CPA Letter Daily | Apr 16, 2015

Financial literacy is about more than classroom learning; it's about leveraging partnerships to create opportunities and solve problems. Read this new AICPA Insights blog post to learn about initiatives of the Michigan Association of CPAs that go beyond the usual scope of financial literacy.

Order today: Avoid common deficiencies in Employee Benefit Plan audits

CPA Letter Daily | Apr 16, 2015

This comprehensive, "must-have" resource provides practical guidance and procedures on the EBP financial statement audit process required by professional standards. Ensure that your plan audits fully comply with professional standards to pass your firm's peer review and are not at risk for rejection by the Department of Labor. Following the audit procedures laid out in this guide will help you avoid common deficiencies in EBP audits as identified by the DOL and AICPA peer review.

New monthly newsletter for accounting educators now available

CPA Letter Daily | Apr 15, 2015

Extra Credit is a quick-read publication featuring news on education- and profession-related issues. Each month subscribers can look forward to content on a variety of topics to help inspire and engage the next generation of CPAs. Subscribe today.

Register today: Help your clients maximize their retirement benefits

CPA Letter Daily | Apr 15, 2015

This webcast, taking place at 1 p.m. ET on April 21, will cover the ins and outs of Medicare and Social Security. Participants will leave with the tools needed to advise clients on making optimal retirement decisions.

Free webcast with CPE credit: Improving business partnering

CPA Letter Daily | Apr 14, 2015

Uncover the business case for strategic partnering between the C-suite and finance team and explore the key competencies and skills required by future finance professionals during this complimentary webcast on April 28. Attend this event hosted by CFO Magazine and the AICPA's Ash Noah, CPA, FCMA, CGMA, vice president of external relations, and earn one free CPE credit.

Register today: Understand the latest employee benefit plan updates

CPA Letter Daily | Apr 14, 2015

Seven tracks of learning are the foundation of the AICPA Employee Benefit Plans Conference. Customize your experience with sessions that match your skill level and attendee profile. Join us May 18-20 in Greater Washington, D.C., or attend online.

Register today: Valuation essentials during a weeklong course

CPA Letter Daily | Apr 13, 2015

During the AICPA Business Valuation School, you'll build new skills and learn how to translate them into a newly expanded client portfolio. Apply this event as prerequisite learning for the ABV credential. Attend in Durham, N.C., May 18-22, or Denver, June 8-12.

Special JofA double issue now online

CPA Letter Daily | Apr 13, 2015

The April and May issues of the Journal of Accountancy have been combined into a special double issue. The double issue is expected to begin arriving in mailboxes shortly after tax season. It features articles on trends shaping the future of the profession in areas such as financial reporting, technology and practice management.

Did you know? CPA Letter Daily is on Twitter

CPA Letter Daily | Apr 10, 2015

More than 28,000 Twitter followers share and comment on the day's accounting and business news. Follow CPALetter_Daily and tell your friends about us.

Order today: Find concise guidance to prevent common audit deficiencies

CPA Letter Daily | Apr 10, 2015

This publication will help you comply with clarified auditing standards accurately and efficiently. Codification of Statements on Auditing Standards will give you a clear view of the latest amendments, deleted and superseded portions, and conforming changes in audits.

Register today: Prepare your path to the CGMA designation

CPA Letter Daily | Apr 09, 2015

The CGMA Exam Review Course is your opportunity to get guidance on how to write compelling answers under tight time constraints and take the CGMA exam with confidence. This course will cover the case study upon which the exam is based and will teach new skills in strategic financial management. Join us April 20-22 in Durham, N.C., or July 20-22 in New York.

Learn how to help your firm achieve its talent and retention goals

CPA Letter Daily | Apr 08, 2015

The AICPA's Recruitment and Retention Toolkit outlines how to make diversity and inclusion initiatives an ongoing part of your company's culture. The resource, which includes an action plan to assist in implementing changes, is a must-have for leaders looking to start or enhance their diversity and inclusion initiatives and better achieve organizational goals.

Order today: Distinguish yourself with the Not-for-Profit Certificate

CPA Letter Daily | Apr 08, 2015

The AICPA's new Not-for-Profit Certificate Program provides 40 hours of CPE in a dynamic learning experience. Sign up today to learn the essentials of not-for-profit financial responsibility: accounting and financial reporting, tax compliance, governance and assurance.

Go to the definitive source for AICPA revenue recognition tools

CPA Letter Daily | Apr 07, 2015

Recognizing that companies would not be ready for the original date, the Financial Accounting Standards Board last week proposed to delay the effective date of the revenue recognition standard. Make sure you’re prepared in advance by familiarizing yourself with the new standard. Visit the AICPA's revenue recognition webpage, where you will find comprehensive resources, including a financial reporting brief, information on industry task forces, webcasts and more.

Register today: Answers on objectivity, integrity, independence and more

CPA Letter Daily | Apr 07, 2015

It's one thing to read about ethics and another to put it into practice. Learn how ethics applies to you as a CPA in business or in practice, plus how the AICPA's ethics resources can help. Register today for the Ethics in Practice webcast on Tuesday, April 14, at 10 a.m. ET.

Register today: Understand the impact of legalized marijuana on the CPA profession

CPA Letter Daily | Apr 06, 2015

With the recent activity related to the implementation of recreational and medical marijuana laws, marijuana businesses are quickly becoming a part of several states' economies. CPAs are providing services for these businesses, but what are the ethical, tax and liability implications? Learn more by participating in this webcast on April 22 at 2 p.m. ET.

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