AICPA and FSA Join Forces


In August the Federation of Schools of Accountancy (FSA) found a new home. The FSAs administrative office will now be located in the New York office of the AICPA.

As part of the new arrangement, the Institute will serve as the administrator for the FSAs programs and activities. The AICPA donated office space to the FSA. Kimberly West, education coordinator for the AICPA academic and career development division, was named FSA administrator.

The alliance reflects the similarity of the educational goals of the AICPA and the FSA, said Bea Sanders, director of academic and career development for the AICPA. This was an opportunity for the AICPA to strengthen relations between the academic and practice communities, she said.

The FSA is a proponent of broadening accounting students knowledge via 150 semester hours, a proposal that is also endorsed by the AICPA. The FSAs mission is to support the development of accredited graduate programs in accounting. It has 76 member schools, each of which has an accredited accounting program; 83 affiliate members; and 28 private enterprise/nonprofit associates.

SPONSORED REPORT

How to make the most of a negotiation

Negotiators are made, not born. In this sponsored report, we cover strategies and tactics to help you head into 2017 ready to take on business deals, salary discussions and more.

VIDEO

Will the Affordable Care Act be repealed?

The results of the 2016 presidential election are likely to have a big impact on federal tax policy in the coming years. Eddie Adkins, CPA, a partner in the Washington National Tax Office at Grant Thornton, discusses what parts of the ACA might survive the repeal of most of the law.

QUIZ

News quiz: Scam email plagues tax professionals—again

Even as the IRS reported on success in reducing tax return identity theft in the 2016 season, the Service also warned tax professionals about yet another email phishing scam. See how much you know about recent news with this short quiz.