Progress Made on Name for Global Credential

In early October the AICPA board of directors approved a recommended name for the proposed global credential, saying those who earn it should have the right to use the initials IISBP (International Institute of Strategic Business Professionals) after their names. This mark would signify both the credential and membership in the organization, as in the examples, Jane Smith, CPA, IISBP and Jane Smith, CPA, member of the IISBP. At press time, the AICPA Council planned to discuss the recommendation at its fall meeting in late October.


6 key areas of change for accountants and auditors

New accounting standards on revenue recognition, leases, and credit losses present implementation challenges. This independently-written report identifies the hurdles that accounting professionals face and provides tips for overcoming the challenges.


How tax reform will impact individual taxpayers

Amy Wang, a CPA who is a senior technical manager for tax advocacy at the AICPA, answers to some of the most common questions on how the new tax reform law will impact individual taxpayers.