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Non-disclosure Compilations Set to be Part of Peer Review – Rulemaking Packet Submitted Jan. 13

January 16, 2017
The AICPA peer review program subjects non-disclosure compilations to peer review. Proposed changes to the peer review rule will also accommodate changes to the AICPA standards regarding engagements for prepared financial statements (Statements on Standards and Accounting and Review Services [SSARS] No. 21). Changes will require firms to provide peer review results to the AICPA Facilitated State Board Access.reference.

War Story: Voicemail-Email Fraud

December 13, 2016
echnical security controls cannot always defend against clever social engineering attacks, and the best solution is to provide regular periodic training to firm staff on computer security and best practices. Read this article provided by CAMICO.

New (Free) Client Communication Tools for Tax Practitioners

December 12, 2016
For tax practitioners, communicating your value is critical – no client can be taken for granted. The good news is that marketing and communications don’t have to be difficult or expensive. The AICPA’s Tax Practitioner’s Toolkit will help you establish yourself as a leading provider of tax services, all year long. And now, the resources are even easier to find on the newly designed website.

How to Build an Internal Network to Advance Your Career

December 12, 2016
Thinking about opting out of that office holiday party? Think again. Building a strong internal network of contacts takes time and effort, but it is key to progression in any organization. It’s a lesson that Vanessa Vallely is keen to pass on, having learned it the hard way.

Legislative and Accountancy Board Update – December 2016

December 12, 2016
This month’s update includes information on the ASCPA’s 2017 legislative priorities, the Accountancy Board’s latest meeting, an Arizona Town Hall blog, the Society’s follow-up services tax meeting, a reminder about this month’s CPA license renewal deadline and a PAC update.

Legislative and Accountancy Board Update – November 2016

November 17, 2016
This month’s update includes information on Arizona’s election impact on CPAs, this month’s Accountancy Board meeting, a reminder to keep you safe, a meeting about the consolidation of nonhealth regulatory boards and a reminder of the December CPA license renewal date.

Kimberly N. Ellison-Taylor, CPA, CGMA, Elected as Chairman of AICPA Board of Directors

November 4, 2016
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Kimberly N. Ellison-Taylor, CPA, CGMA, decided at age 8 that she wanted to be a CPA. That decision set the course for her life and created opportunity she could not have imagined growing up in Baltimore, Md. As the newly-elected chairman of the AICPA Board of Directors, Ellison-Taylor, an executive with Oracle, is eager to propel the profession toward new horizons. Watch this inspiring video about Ellison-Taylor.

Accounting Firm Notification Letter from the AZ Board of Accountancy

October 26, 2016
Does your organization need to be registered as a firm with the Arizona Accountancy board? At its September 26, 2016 meeting, the Arizona State Board of Accountancy voted to pursue rulemaking to repeal the rule which requires that a Certified Public Accountant only practice public accounting, whether as an owner or employee, in a firm. The Board also voted to place an immediate moratorium on the enforcement of this rule. Be sure to read the details here

Practice Continuation Agreements: A Practice Survival Kit

October 24, 2016
With the aging baby boomer population, and when the death or incapacity of a practitioner occurs, several key issues arise including who will take control of client records and who will assure their safekeeping during the winding down of the practice. See this resource prepared by the American Institute of CPAs (AICPA) and the National Association of State Boards of Accountancy (NASBA).