Institute Approves Global Credential for Member Vote


The AICPA governing council voted 157 to 62 at the fall meeting to support development of the proposed global credential. This cleared the way for a member referendum on the proposal, which needs a two-thirds majority of all votes to succeed. If supporters meet that margin, the AICPA will establish a new entity to grant the credential to suitable candidates. (Completed ballots were due by December 28, 2001.)

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.