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).

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A new line of business to consider

Technology assessments may open the door to new engagement opportunities for your firm. What is a technology assessment? How do you perform one? JofA Tech Q&A author J. Carlton Collins shows you in a detailed explanation.

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Maximizing the higher education tax credits

A counterintuitive strategy can save taxes by including otherwise excludable scholarships in gross income.