AICPA specialized information, credentials available to CPA Canada members

Under a new agreement, Chartered Professional Accountants of Canada (CPA Canada) members can join the AICPA’s Forensic and Valuation Services and Information Management and Technology Assurance sections and will have the opportunity to obtain the Certified in Financial Forensics (CFF) and Certified Information Technology Professional (CITP) credentials. Previously, these credentials have been available only to AICPA members.

Practice aids, webcasts, newsletters, and online forums related to the specialty areas also will be available to CPA Canada members who join those sections.

This expansion of a cross-border collaboration was made possible when the AICPA governing Council in May 2013 authorized the Institute through its board of directors to offer specialized credentials to non-U.S. accounting professionals. The AICPA is working only with accounting bodies with significant national or international stature and stringent eligibility requirements and codes of conduct.

CPA Canada was established in January 2013 when three Canadian legacy accounting designations (Chartered Accountant, Certified Management Accountant, and Certified General Accountant) were united under the Chartered Professional Accountant designation.

In addition to the forensics and technology areas, CPA Canada members can use AICPA resources in business valuation and personal financial planning. CPA Canada and the AICPA will evaluate the potential for making the AICPA Accredited in Business Valuation (ABV) and Personal Financial Specialist (PFS) credentials available to CPA Canada members in the future.


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.