Council approves non-CPA affiliation with AICPA member sections.At its fall meeting, the AICPA AICPA See American Institute of Certified Public Accountants (AICPA). council voted to allow non-CPAs employed by 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. firms to affiliate with the Institute's voluntary membership sections as "section associates." While associates will not have voting privileges, they will qualify for the technical information and service benefits offered by the tax division, the personal financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against division, the management advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal division and the information technology division. Associates will receive the Journal of Accountancy and the CPA Letter. To participate, section associates will have to meet eligibility requirements. An individual must * Be from a firm enrolled in an AICPA practice monitoring program. * Be sponsored by an AICPA member who is an owner of such a firm. * Have a bachelor's degree from a college or university accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. by one of the six regional accrediting agencies. * Meet continuing professional education requirements for AICPA members in public practice. * Abide by the AICPA Code of Professional Conduct. Non-CPAs' affiliation with the membership sections is contingent on Adj. 1. contingent on - determined by conditions or circumstances that follow; "arms sales contingent on the approval of congress" contingent upon, dependant on, dependant upon, dependent on, dependent upon, depending on, contingent specific authorization by each division's executive committee. Other Council Actions: AICPA to Help States Re Commission Bans Council members also decided to assist state CPA societies seeking legislation to prohibit the acceptance or payment of all commissions by any CPA engaged in public practice. The AICPA traditionally has helped states in their legislative efforts to achieve Uniform Accountancy Act goals. The current AICPA rule prohibits any member having an attest To solemnly declare verbally or in writing that a particular document or testimony about an event is a true and accurate representation of the facts; to bear witness to. To formally certify by a signature that the signer has been present at the execution of a particular writing so as relationship with the client from accepting commissions. The rule was adopted following an agreement with the Federal Trade Commission to prohibit the AICPA from banning all commissions for Institute members. AICPA Supports Tax Simplification and Workload Relief Council endorsed a resolution calling for Congress to give tax simplification the highest priority. The resolution will be put before Congress and tax authorities as an AICPA policy statement. In a separate but related tax issue, the council supported continuing legislative efforts to relieve workload compression caused by the Tax Reform Act of 1986 requiring most small businesses to use the calendar year. House and Senate members have agreed to introduce an AICPA proposal if the Joint Committee on Taxation finds it to be "revenue neutral." Under the Institute's proposal, partnership, S corporations and personal service corporations, both new and existing, would be allowed to restore fiscal years as long as they make the requisite payments, which the AICPA believes would make it proposal revenue netural. The AICPA has been pressuring Congress for months to correct the workload imbalance imbalance /im·bal·ance/ (im-bal´ans) 1. lack of balance, such as between two opposing muscles or between electrolytes in the body. 2. dysequilibrium (2). and restore fiscal years. |
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