CPA Letter articles from March 2004

CPA Letter archives from March 2004

Happenings at February Board of Directors' meeting.(news update)(Professional Ethics Executive Committee)(Internal Revenue Service- Office of Professional Responsibility)
March 1, 2004... Following are some of the more significant actions and events that took place at the AICPA Board of Directors' meeting Feb. 5-6: * The Internal Revenue Service--Office of Professional Responsibility was approved as a governmental agency for...

Barry Melancon's term extended five years.(news update)(Brief Article)
March 1, 2004... The board of directors voted to offer President & CEO Barry Melancon a third term, an additional five years. His new contract expires in 2010. In making the announcement, AICPA Chairman Scott Voynich said: "Those of us who have worked with...

Help AICPA Benevolent Fund help your colleagues.(American Institute of Certified Public Accountants)(Brief Article)
March 1, 2004... The AICPA Benevolent Fund was started in the 1930s to assist members and their families as they struggled through various medical and financial hardships. It represents a way for CPAs to support those who have gone before them in the profession...

How to request copyright permission from AICPA.(American Institute of Certified Public Accountants)(Copyright Permission)(Brief Article)
March 1, 2004... Members and others who wish to reproduce content from any AICPA publication (or Web site) must first obtain copyright permission from the Institute. The procedure for requesting permission is to first display our Web site homepage on the...

Help protect the public interest.
March 1, 2004... Members who notice, suspect or are aware of significant deficiencies in the work of another member should seriously consider referring the matter to the Professional Ethics Division. Prior to referral, consider your responsibilities under Rule...

AICPA, NASBA, Prometric successfully pilot computer-based exam.(American Institute of Certified Public Accountants)(National Association of State Boards of Accountancy)(Brief Article)
March 1, 2004... A pilot version of the computer-based Uniform CPA Examination was successfully completed recently. The pilot confirmed that the examination launches and performs properly in a live test center, and that all data flow correctly among NASBA, the...

Public meeting notices.(Public Notice)
March 1, 2004... Accounting and Review Services Committee: Apr. 19-20, New York Accounting Standards Executive Committee: Apr. 27-28, New York Peer Review Board: Apr. 26-27, New York

Illustrative financial statements for banks and savings institutions, credit unions and mortgage companies posted to AICPA Web site.(accounting & auditing news)
March 1, 2004... The AICPA Depository Institutions Expert Panel has updated and posted to the AICPA Web site separate illustrative financial statements for banks and savings institutions, credit unions and mortgage companies. These illustrative financial...

Resources, CPE products on fraud prevention and detection.
March 1, 2004... The AICPA Antifraud and Corporate Responsibility Resource Center, available at www.aicpa.org/antifraud. Corporate Ethics for Financial Managers: Navigating with Case Studies and Practical Solutions (No. 029880CPA03). A series of nine case...

New law provides additional tax benefits for military personnel.(tax info)
March 1, 2004... Members of the Armed Forces and their families gained a number of new tax benefits when the Military Family Tax Relief Act of 2003 was signed into law by President Bush on Nov. 11, 2003. Military personnel covered by the bill include all those...