Institute Honor to A.A. Sommer

In recognition of his extensive contributions to the profession in accounting, corporate and securities matters, the AICPA governing council presented A.A. Sommer, Jr., with its Medal of Honor. Accompanying him at the presentation ceremony was his wife, Storrow. Sommer was chairman of the Public Oversight Board from 1986 through 1999, served as commissioner of the SEC from 1973 to 1976, and was a member of the AICPA board of directors (1980–1984) and the FASB advisory council (1977–1981).


Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.