AICPA Statement Regarding BDO Seidman Lawsuit.Business Editors NEW YORK--(BUSINESS WIRE)--Oct. 9, 2001 The American Institute of Certified Public Accountants With over 330,525 CPA members (in August 2006), the American Institute of Certified Public Accountants (AICPA) is the largest professional organization of Certified Public Accountants (CPAs) in the United States of America. understands that BDO Seidman BDO Seidman, LLP is the United States arm of BDO International, one of the largest accounting firms outside of the Big Four. History BDO Seidman, LLP was founded as Seidman and Seidman in New York City in 1910 by Maximillian L. Seidman. LLP LLP - Lower Layer Protocol has filed a lawsuit against it and others. We believe that this lawsuit has no merit and intend to defend it vigorously. The essence of the complaint seems to be that the American Institute of CPAs has somehow restrained competition through the creation of a portal - CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. 2BIZ -- which was developed by CPAs for CPAs, their clients and employers as a comprehensive provider of tools, resources, value-added services A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions. and solutions that strengthen and add value to the relationships between CPAs and the organizations they serve. We believe the complaint has no basis. The concept and substance of CPA2BIZ were presented to and reviewed by our 263 member governing Council more than a year ago. We respect the fact that BDO Seidman is a member and that they may have differences of opinion about our strategic direction. |
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