Accounting Standards Executive Committee Name Changed to Financial Reporting Executive Committee

The AICPA Council approved a proposed board resolution to change the name of the AICPA’s Accounting Standards Executive Committee (AcSEC) to the Financial Reporting Executive Committee (FinREC). In his opening remarks, AICPA Chairman Robert R. Harris pointed out that the new name would better reflect the committee’s evolving role and cover the broader area it addresses.


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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.