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.

NEWS

IRS sets start date for tax season

The IRS announced that tax season will start in late January and that it will issue refunds to taxpayers despite the partial shutdown of the federal government.

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Why CPAs can’t wait on automation tools

What do accounting firms waiting on others to develop AI, automation, and data analytics tools have in common with a baseball fan sitting in a stadium filling with water at an exponential rate? The answer could determine your firm’s fate.