About the CPA Designation


In “Steering a Course for the Future” ( JofA , Nov.99, page 35), Chairman Robert Elliott debates the need to alter the breadth of the CPA license or membership requirements for the AICPA. He suggests that if we had, over the years, broadened our concept of the CPA, engineering, computer science and law professionals would now be CPAs.

I am concerned that widening the CPA designation to include nonaccounting professionals could be detrimental to the profession. As the designation stands, our clients and the general public have an understanding of the specific qualifications and experience the CPA brings to a task. That would change if the concept of the CPA was expanded. If I needed an attorney, I would hire an attorney, not a CPA.

James Reeves, CPA
Madison, Wisconsin


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.