CPA Letter articles from December 2004

CPA Letter archives from December 2004

New ethics rulings on outsourcing adopted.
December 1, 2004... The AICPA Professional Ethics Executive Committee recently adopted two new ethics rulings and one revised ruling that address a member's responsibilities when outsourcing services to third-party service providers. The committee received 49...

Happenings at October governing Council meeting.
December 1, 2004... Here are some of the more significant actions and events that took place at the governing Council meeting Oct. 25-26: * Robert L. Bunting of Washington was elected as chair of the AICPA Board of Directors for 2004-2005 and Leslie A. Murphy...

Application process for committee service begins; deadline May 1.
December 1, 2004... Applications are now being taken for the next committee year (Oct. 2005-Oct. 2006). If you are interested in contributing to the profession and networking with your peers, then consider applying. Go to http://volunteers.aicpa.org to complete a...

AICPA's student recruitment campaign garners several prestigious national, international awards.
December 1, 2004... Catch Me if You Can, the forensic accounting contest and promotion that is part of the AICPA's five-year "Start Here. Go Places." recruitment campaign, won the coveted Marketing Agencies Association Worldwide "GLOBES Awards." The GLOBES honor...

Tax division confers Dixon Memorial Award.
December 1, 2004... Robert M. Rosen is this year's recipient of the Arthur J. Dixon Memorial Award, the highest award given by the accounting profession in the area of taxation. Rosen, a CPA and an attorney, is a retired partner of Ernst & Young, where he...

Public meeting notices.(Calendar)
December 1, 2004... Accounting Standards Executive Committee: Dec. 14-15, Anaheim, Calif. Auditing Standards Board: Dec. 14-16, Orlando, Fla. Peer Review Board: Jan. 11-12, Ft. Lauderdale, Fla. Professional Ethics Executive Committee: Jan. 26-27, TBD

Implications of the Check Clearing for the 21st Century Act.(accounting & auditing news)
December 1, 2004... For quite some time, electronic delivery has been affecting almost every industry. With passage of the Check Clearing for the 21st Century Act which became effective on Oct. 28, banks will be joining the movement in force. The check truncation...

Working for the public interest and the profession: an interim report.
December 1, 2004... Institute staff and volunteer committees work year-round to create programs and services that benefit members and to enhance CPAs' professionalism and the profession's image. This interim report provides an update on some of the AICPA efforts...

2004 benchmarking information available for local, regional firms.
December 1, 2004... The PCPS/TSCPA National MAP Survey has just been released, providing regional and local firms with comprehensive benchmarking data regarding salaries, billable hours, service offerings and expenses. Nearly 2,500 firms participated. The...

2004 Tax season self-study resources--includes course on 2004 tax acts.(CPE news)
December 1, 2004... The AICPA brings you top-notch tax planning and tax-preparation self-study courses from nationally recognized experts Sid Kess, Andy Biebl, Bob Ranweiler and Bill Bischoff. In each course, you get the benefit of the highest levels of...

Religious Organizations: Key Accounting, Tax, and Financial Issues.(CPE news)
December 1, 2004... (No. 732560CPA12). CPAs and their religious organization clients will get comprehensive yet practical guidance on the unique issues of religious organizations. Included are operating considerations such as internal controls, fraud and...

International Taxation: To and From the United States.(CPE news)
December 1, 2004... (No. 731890CPA12). Gain an understanding of the tax advantages and traps of global business operations. Prerequisite: A working knowledge of U.S. business and corporate taxation. Recommended CPE credit (based on a 100-min. hour): 6. QAS credit:...

Webcasts bring CPE to your desktop.(Continuing Professional Education )
December 1, 2004... MAP Survey 2004: Success Traits of the Top Performers (Dec. 7; WBC040191). Learn how you can help your firm understand all of the ways in which the 2004 PCPS/TSCPA National MAP Survey results can lead to a more profitable and rewarding practice...

New resources in 360 Degrees of Financial Literacy campaign unveiled.
December 1, 2004... 360 Degrees of Financial Literacy, the national effort of the CPA profession to improve the financial understanding of Americans across the country, provides a comprehensive approach to financial education by focusing on the information people...