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 | Live Webcast March 15: IFRS Quarterly Webcast Series – First Quarter 2012: On March 15, 2012 at 2-4pm ET, don't miss this quarterly webcast that will keep you plugged in to what you need to know about IFRS standards, updates on the current convergence efforts, differences and similarities between IFRS and US GAAP and more. Reserve your spot. > Register Now
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| A&A Report |  |  |
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- FAF's Polley speaks out on IPO bill
A bill designed to make it easier for growing companies to go public could harm investors and "raises serious issues about the continued independence of the standard-setting process," Financial Accounting Foundation President and CEO Terri Polley told a Senate committee on Tuesday. She said the proposal would "effectively legislate accounting standards, jeopardizing the integrity" of standards and she urged the removal of Section 3(c) from the proposal. JournalofAccountancy.com
(3/6), The Wall Street Journal
(3/6)     
42 days left to file tax returns
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| | Easily navigate the ever-changing maze of tax regulations
Get in-depth analysis of today’s most complex tax topics with CCH® Expert Treatise Library. Written by practicing CPAs, attorneys and academics, the treatise library gives you the up-to-date information and expert guidance you need to develop more effective tax plans.
Learn more about all of our available treatise titles. | |
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| Policy & Regulatory | | |
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- SEC's Schapiro asks Congress for large budget increase
Mary Schapiro, chairman of the Securities and Exchange Commission, asked lawmakers to increase the agency's budget. Schapiro said the extra funds would go toward hiring more market experts and updating technology. "The rapidly expanding size and complexity of the markets presents enormous oversight challenges," she said. "In [fiscal year] 2013, the SEC will need to hire specialists in a number of areas to strengthen our oversight of the markets, protect against known risks and best enable our markets to facilitate economic growth." Reuters
(3/6)
- SEC's rule-writing pace slows for Dodd-Frank Act
The five members of the Securities and Exchange Commission have not met in the past four months to propose or approve rules mandated by the Dodd-Frank Act. Chairman Mary Schapiro called the slowdown a "natural lull" after an initial wave of proposals. "It's easier to propose rules than it is to adopt them," Schapiro said. Bloomberg
(3/6)
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| Here & There | | |
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- U.S. News ranks "accountant" among the best jobs in 2012
Accounting is expected to be one of the fastest-growing professions over the next decade, according to the Labor Department. That's why U.S. News and World Report named "accountant" to the No. 21 spot on its Best Jobs of 2012 list. Certification is key to standing out in the profession. "It's really the gold star on the resume," says Rebecca Mahler, AICPA's manager of career research and student organizational partnerships. U.S. News & World Report
(2/27)
| AICPA News | | |
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We want your quotes: Tell us what the AICPA's 125th anniversary means to you
The AICPA celebrates its 125th anniversary this year. Members will hear more about the many commemorative activities scheduled to begin in late May. As part of the year-long milestone, we want to include your celebratory thoughts on the AICPA, the profession and what it means to be a CPA. If you would like to share your insights with colleagues, fellow members and others, send an e-mail with your quote or comment of up to 30 words to cpaletter@aicpa.org. The AICPA will not be able to respond to all submissions; by sending such an e-mail, you grant the AICPA the unrestricted right to use, edit, reproduce and distribute the quote or comment in any materials or communications related to the 125th anniversary. Not all submissions will be used.
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| SmartQuote | | |
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 | I am always doing that which I cannot do, in order that I may learn how to do it."
--Pablo Picasso,
Spanish artist
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| About AICPA |
The American Institute of Certified Public Accountants is the world’s largest association representing
the accounting profession, with nearly 377,000 members in 128 countries and a 125 year heritage of serving the public interest. AICPA members represent
many areas of practice, including business and industry, public practice, government, education and consulting. The AICPA sets ethical standards for the
profession and U.S. auditing standards for audits of private companies, non-profit organizations, federal, state and local governments. It develops and
grades the Uniform CPA Examination and offers specialty credentials for CPAs who concentrate on personal financial planning; fraud and forensics; business
valuation; and information technology. Through a joint venture with the Chartered Institute of Management Accountants, it has established the Chartered Global
Management Accountant designation to elevate management accounting globally.
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| | Recent CPA Letter Daily Issues:
- Tuesday, March 06, 2012
- Monday, March 05, 2012
- Friday, March 02, 2012
- Thursday, March 01, 2012
- Wednesday, February 29, 2012
| | | Lead Editor: Ashley Fletcher Frampton
Contributing Editor: Erika Morphy
Mailing Address:
SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004 | |
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