Words similar to aicpa

Example sentences for: aicpa

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During the past decade the AICPA and many accounting firms put too much emphasis on how they could grow their top line, bottom line, and earnings through pushing non-audit/consulting services and not enough time modernizing attest and assurance services that represent the franchise for CPAs on which the public relies.
(See the AICPA's Improving Business Reporting-A Customer Focus: Meeting the Information Needs of Investors and Creditors, Comprehensive Report of the Special Committee on Financial Reporting, 1994.)
Furthermore, some of the AICPA's recent internal actions have been questioned by its own membership.
4The Jenkins Committee (named after the chairman), a group formed by the AICPA in 1991 to address concerns over the relevance and usefulness of financial reporting, recommended in its 1994 report that standard setters develop a comprehensive reporting model that includes both financial information (financial statements and related disclosures) and nonfinancial information (such as high-level operating data and performance measures used by management, management's analysis of changes in financial and nonfinancial data, and forward-looking information about opportunities, risks, and management's plans).
Although value-enhancement to the membership is clearly a legitimate role for the AICPA, as a professional association it also has a responsibility to aggressively address a range of professional risk management issues.