AICPA Recognizes Gold Medal Winners


At the fall council meeting the Institute awarded this year’s Gold Medal for Distinguished Service, its highest honor, to two CPAs. Robert Mednick, chairman of the awards committee and a former AICPA board chairman, congratulated winners Richard E. Piluso, vice-president of internal audit for Loews Corp. in New York and former AICPA treasurer, and Dominic A. Tarantino, a former AICPA chairman who retired from Price Waterhouse in 1998 after 41 years.

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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.

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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.