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American Institute of Certified Public Accountants

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508:), the scope of a WebTrust certification is more comprehensive than those of its competitors, although this fact is usually lost on consumers who have trouble differentiating such seal programs, which explains the rather limited market penetration of WebTrust. A 2009 academic paper which chronicled in some depth the adoption followed by the abandonment of the WebTrust seal at a large US telecom company, noted that the management did not find the cost-benefit tradeoff worthwhile: the $ 100,000 per year cost for WebTrust being about twenty times higher than that of a TrustE seal. 246: 524:. On behalf of its members, the AICPA monitors and advocates on legislative and other matters that affect the accounting profession. Working with state CPA societies and other professional organizations, the AICPA provides information to and educates federal, state and local policymakers regarding key issues. Whether serving as an information resource or offering recommendations, the AICPA represents the profession while protecting the public interest. 216: 199: 312:(AAPA) was formed. The Association went through several name changes over the years: the Institute of Public Accountants (1916), the American Institute of Accountants (1917), and the American Society of Public Accountants (1921), which merged into the American Institute of Accountants in 1936. At that time, the decision was made to restrict future membership to CPAs. 576:
of work, Americans have experienced the biggest drop in their personal financial satisfaction in more than a decade. The AICPA's Q1 2020 Personal Financial Satisfaction index (PFSi) measures 32.9, a 20 percent (8.29 point) decrease from the previous quarter. This is the largest quarterly drop the PFSi has experienced since the Great Recession (Q4 2009).
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In 2022, the AICPA and the National Association of State Boards Accountancy announced that a new Uniform CPA exam would be released in 2024 as part of the CPA Evolution initiative. The new exam is based on a “Core + Discipline” model and will include core testing in accounting, auditing, and tax, as
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Since Q3 of 2018, AICPA has been publishing the personal financial satisfaction index on a quarterly basis that indicates the general understanding of economic factors affecting the financial standing of a typical American. As the COVID-19 pandemic has strained the U.S. economy and put millions out
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In 1999, the nearly 120 existing committees underwent a re-organization with approximately half of the standing committees being replaced with a volunteer group model that placed an increased emphasis on the use of task forces. The increased use of task forces allowed for more targeted efforts with
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Members of the AICPA must attest annually to meeting the requirements for their membership types, complying with the AICPA's bylaws and upholding the AICPA's Code of Profession Conduct. Members are subject to audit and, if found to be non-compliant, may be expelled from the AICPA.
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The Uniform CPA Examination must be taken and passed by all those who wish to be licensed as a CPA. The exam is developed and scored by the Board of Examiners (BOE), a committee that consists of CPAs, state board regulators, psychometricians, and educators.
438:(CGMA) designation, which was established in 2012. Based on global quality standards for ethics and performance, CGMA designees are considered experts with credibility of advanced proficiency in finance, operations, strategy and management. 468:, provides personal finance resources for young Americans. 360 Degrees of Financial Literacy is a national volunteer effort of the nation's CPAs to help Americans understand their personal finances and develop money management skills. 366:
AICPA sets generally accepted professional and technical standards for CPAs in multiple areas. Until the 1970s, the AICPA held a virtual monopoly in this field. In the 1970s, however, it transferred its responsibility for setting
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AICPA offers credentialing programs in certain subject areas for its members. The credentials are similar to state board certifications for attorneys, which also recognize subject matter-specific expertise. The AICPA offers the:
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AICPA also runs public interest programs, including the Feed the Pig campaign and the 360 Degrees of Financial Literacy site. Feed the Pig, a national public service campaign sponsored by the AICPA and the
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In the early 2000s, in response to events such as Enron's announcement that its financial statements couldn't be relied on and WorldCom's bankruptcy filing, Congress passed the
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the task forces being given a specific assignment then disbanding upon completion of that assignment. Also in 1999, the first tracking and management of task forces began."
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In August 2019, the AICPA proposed a new standard to give auditors more guidance on auditing accounting estimates. This standard replaced SAS No. 122, Section 540,
1770: 112: 1947: 488:(CICA). Accounting associations in the UK, Australia, New Zealand and Hong Kong also participate in the program. A specialized variant of the program exists for 315:
The number of committees grew continually over the years. In the 1940s, there were 34 committees. By 1960, there were 89. By 1970, the number had grown to 109.
379:, professional ethics, attest services, CPA firm quality control, CPA tax practice, business valuation, and financial planning practice. Before passage of the 1962: 1942: 1810: 1296: 1896: 1881: 1800: 1780: 555: 441:
The institute offers a number of scholarships for high school students, undergraduate, and graduate students, and working professionals. This includes:
2090: 2013: 1866: 1851: 1841: 1825: 1795: 1121: 1096: 1022: 1246: 1196: 1876: 1785: 1760: 1957: 2049: 1750: 1515:", La place de la dimension europĂ©enne dans la ComptabilitĂ© ContrĂ´le Audit, Strasbourg : France (2009), p. 25 in preprint; final version at 281: 2018: 1952: 1922: 1901: 1775: 735: 2028: 1937: 1861: 1856: 922: 872: 610: 424: 323: 220: 203: 897: 847: 833: 2023: 1805: 1846: 1745: 1735: 485: 2003: 1886: 1730: 807: 2080: 600: 368: 2100: 1891: 1815: 1713: 1532: 1221: 595: 544: 1740: 1704: 528: 435: 327: 1977: 783: 759: 711: 687: 1917: 1496: 1433: 1406: 376: 1586: 1460: 1370: 1345: 590: 372: 1998: 1820: 1967: 1790: 585: 1716: 1631: 1607: 418: 331: 1271: 2059: 1473: 1448: 1048: 77: 1927: 412: 1972: 997: 265: 403: 280:), the organization sets ethical standards and U.S. auditing standards. It also develops and grades the 1697: 548: 521: 972: 947: 1632:"Coronavirus Causes Largest Drop in Americans' Financial Satisfaction in Over A Decade: AICPA Index" 383:
law, AICPA standards in these areas were considered "generally accepted" for all CPA practitioners.
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Auditing Accounting Estimates, Including Fair Value Accounting Estimates, and Related Disclosures.
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In January 2012, the AICPA entered into a joint venture with their equivalent in the UK, the
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The AICPA and CIMA membership bodies remain and provide all existing benefits to members.
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from both parties who sit on various legislative committees of relevance to CPAs.
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http://csrc.nist.gov/archive/pki-twg/Archive/y2000/presentations/twg-00-24.pdf
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Knowledge and Information Technology Management: Human and Social Perspectives
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http://app1.hkicpa.org.hk/professionaltechnical/webtrust/faq_practitioner.php
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well as three Discipline sections (candidates must select one to complete).
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is considerably higher than that of similar products from its competitors (
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It also amended a few other sections of the AICPA Professional Standards.
272:, with more than 428,000 members in 130 countries. Founded in 1887 as the 1932: 1222:"When planning for a natural disaster, don't forget about your finances" 2008: 923:"AICPA proposes auditing standard to encourage professional skepticism" 873:"AICPA proposes auditing standard to encourage professional skepticism" 493: 481: 465: 1247:"Nearly half of Americans fear not being able to afford retirement" 1197:"Nearly half of Americans fear not being able to afford retirement" 505: 484:
assurance and auditing programs co-developed by the AICPA with the
330:(CGMA) designation. In 2014, the AICPA and the CIMA co-created the 1670:
at the University of Mississippi, Archives and Special Collections
1321: 551:, and the Tax Professionals United for Taxpayer Relief Coalition. 668:. Association of International Certified Professional Accountants 637:. Association of International Certified Professional Accountants 430:
Certified in Entity and Intangible Valuations (CEIV) credential.
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Association of International Certified Professional Accountants
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Member bodies of the International Federation of Accountants
784:"American Institute of Certified Public Accountants (AICPA)" 760:"American Institute of Certified Public Accountants (AICPA)" 712:"American Institute of Certified Public Accountants (AICPA)" 688:"American Institute of Certified Public Accountants (AICPA)" 232: 1675: 898:"ASB addresses challenges in auditing accounting estimates" 848:"ASB addresses challenges in auditing accounting estimates" 834:"ASB addresses challenges in auditing accounting estimates" 656: 654: 652: 527:
The AICPA's Political Action Committee is a contributor to
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A. Gunasekaran; Omar Khalil; Syed Mahbubur Rahman (2003).
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AICPA and its predecessors date back to 1887, when the
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American trade group of financial transaction trackers
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Professional associations based in the United States
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Information Technology Auditing: An Evolving Agenda
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Institute of Chartered Accountants of the Caribbean
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Accounting and Finance Certification and Membership
258:American Institute of Certified Public Accountants 409:Accredited in Business Valuation (ABV) credential 361: 2072: 1398:Hong Kong Auditing: Economic Theory and Practice 1394: 561: 264:) is the national professional organization of 1608:"Personal Financial Satisfaction Index (PFSi)" 1484: 1401:. City University of HK Press. pp. 348–. 1698: 611:Chartered Institute of Management Accountants 454:The William (Bill) Ezzell Scholarship Program 425:Certified Information Technology Professional 324:Chartered Institute of Management Accountants 458: 445:The AICPA Foundation High School Scholarship 1533:"A Global Standard for Professional Ethics" 571:AICPA personal financial satisfaction index 486:Canadian Institute of Chartered Accountants 394:Credentials, designations, and scholarships 1705: 1691: 1478: 1272:"Financial Knowledge for Recent Graduates" 352: 310:American Association of Public Accountants 274:American Association of Public Accountants 36: 2091:Companies based in Durham, North Carolina 973:"CPA Board of Examiners seeks volunteers" 948:"CPA Board of Examiners seeks volunteers" 1049:"Accredited In Business Valuation – ABV" 451:The Minority Doctoral Fellowship Program 369:generally accepted accounting principles 326:(CIMA), a partnership that produced the 244: 1556: 1388: 631:"AICPA Offices and Contact Information" 545:International Federation of Accountants 511: 332:Global Management Accounting Principles 14: 2073: 831: 436:Chartered Global Management Accountant 328:Chartered Global Management Accountant 288:, and maintains additional offices in 219:USD $ 324.89 million (2020, including 202:USD $ 361.37 million (2020, including 1686: 1428:. Idea Group Inc (IGI). p. 276. 543:The AICPA is a leading member of the 373:Financial Accounting Standards Board 1511:Emilio Boulianne, Charles H. Cho, " 998:"Audit Oversight and Effectiveness" 24: 586:AICPA Code of Professional Conduct 529:U.S. Congressional representatives 25: 2112: 1652: 1046: 554:The AICPA is an affiliate of the 538: 434:Aong with CIMA, AICPA issues the 419:Certified in Financial Forensics 215: 214: 198: 197: 2081:Accounting in the United States 1668:The AICPA Collection (MUM00658) 1624: 1600: 1575: 1550: 1525: 1505: 1467: 1453: 1442: 1363: 1338: 1314: 1289: 1264: 1239: 1214: 1189: 1164: 1139: 1114: 1089: 1065: 1040: 1015: 990: 965: 940: 915: 890: 865: 840: 2101:Professional accounting bodies 832:Tysiac, Ken (22 August 2019). 825: 800: 776: 752: 728: 704: 680: 623: 362:Professional standards setting 13: 1: 1513:The Rise and Fall of WebTrust 616: 448:The AICPA Legacy Scholarships 413:Personal Financial Specialist 1717:Member Bodies and Associates 1585:. 2012-03-26. Archived from 1521:10.1016/j.accinf.2009.10.002 562:Code of professional conduct 377:financial statement auditing 284:. AICPA is headquartered in 266:Certified Public Accountants 169:Barry C. Melancon, CPA, CGMA 50:; 137 years ago 7: 662:"Association Annual Report" 579: 475: 404:Certified Public Accountant 371:(GAAP) to the newly formed 347: 128:35.916949833°N 78.9826000°W 10: 2117: 1676:Official WebTrust web site 1301:www.cpapracticeadvisor.com 1176:www.cpapracticeadvisor.com 1151:www.cpapracticeadvisor.com 549:Global Accounting Alliance 522:political action committee 388:Sarbanes-Oxley Act of 2002 303: 31:American Institute of CPAs 2042: 1986: 1910: 1834: 1723: 1395:Ferdinand A. Gul (2007). 666:Association Annual Report 459:Public interest campaigns 227: 210: 191: 183: 173: 163: 153: 143: 133:35.916949833; -78.9826000 106: 95: 87: 75: 62: 44: 35: 1491:. Springer. p. 57. 606:Philosophy of Accounting 480:WebTrust is a family of 179:Tracey Golden, CPA, CGMA 70:professional association 1741:ICMAI (formerly ICWAI) 1661:Official AICPA web site 1485:Jagdish Pathak (2005). 516:AICPA has an office in 490:certificate authorities 353:Uniform CPA examination 282:Uniform CPA Examination 1537:Journal of Accountancy 1326:www.evolutionofcpa.org 1251:Journal of Accountancy 1226:Journal of Accountancy 1201:Journal of Accountancy 977:Journal of Accountancy 952:Journal of Accountancy 902:Journal of Accountancy 852:Journal of Accountancy 286:Durham, North Carolina 253: 251:Durham, North Carolina 100:Durham, North Carolina 248: 1557:Gray-Fenner, Amber. 512:Government relations 124: /  32: 1178:. 15 December 2021 1153:. 15 December 2021 254: 30: 2068: 2067: 1498:978-3-540-22155-5 1435:978-1-59140-072-1 1408:978-962-937-141-8 1073:"PFS | FINRA.org" 298:Ewing, New Jersey 249:AICPA offices in 243: 242: 165:President and CEO 16:(Redirected from 2108: 1707: 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1315: 1306: 1304: 1295: 1294: 1290: 1281: 1279: 1276:The CPA Journal 1270: 1269: 1265: 1256: 1254: 1245: 1244: 1240: 1231: 1229: 1220: 1219: 1215: 1206: 1204: 1195: 1194: 1190: 1181: 1179: 1170: 1169: 1165: 1156: 1154: 1145: 1144: 1140: 1131: 1129: 1126:The CPA Journal 1120: 1119: 1115: 1106: 1104: 1101:The CPA Journal 1095: 1094: 1090: 1081: 1079: 1071: 1070: 1066: 1057: 1055: 1045: 1041: 1032: 1030: 1027:The CPA Journal 1021: 1020: 1016: 1007: 1005: 1002:The CPA Journal 996: 995: 991: 982: 980: 971: 970: 966: 957: 955: 946: 945: 941: 932: 930: 921: 920: 916: 907: 905: 896: 895: 891: 882: 880: 871: 870: 866: 857: 855: 846: 845: 841: 830: 826: 817: 815: 806: 805: 801: 792: 790: 782: 781: 777: 768: 766: 758: 757: 753: 744: 742: 734: 733: 729: 720: 718: 710: 709: 705: 696: 694: 686: 685: 681: 671: 669: 660: 659: 650: 640: 638: 629: 628: 624: 619: 582: 573: 564: 541: 514: 478: 461: 396: 364: 355: 350: 306: 231: 194: 176: 166: 156: 146: 132: 130: 126: 123: 118: 115: 113: 111: 110: 80: 54: 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Index

WebTrust

Not-for-Profit
professional association
Tax ID no.
Durham, North Carolina
35°55′1.0194″N 78°58′57.36″W / 35.916949833°N 78.9826000°W / 35.916949833; -78.9826000
CIMA
CIMA
www.aicpa-cima.com

Durham, North Carolina
Certified Public Accountants
United States
Uniform CPA Examination
Durham, North Carolina
New York City
Washington, D.C.
Ewing, New Jersey
Chartered Institute of Management Accountants
Chartered Global Management Accountant
Global Management Accounting Principles
generally accepted accounting principles
Financial Accounting Standards Board
financial statement auditing
Sarbanes-Oxley
Sarbanes-Oxley Act of 2002
Certified Public Accountant
Personal Financial Specialist
Certified in Financial Forensics

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