Professional Issues


The AICPA is forming four panels (one for each of the proposed CPA examination sections) to help set standards for passing the computer-based exam. Qualified CPA volunteers are needed for a series of two-day standard-setting sessions between December 11 and 19. Participants should have three to seven years’ experience in public accounting and must have supervised new CPAs within the past 12 months. To avoid conflicts, panelists may not be affiliated with any CPA exam preparation and/or review programs. Interested CPAs should e-mail their name, address and qualifications to cpaexam@aicpa.org . Further information is available at www.cpa-exam.org/lrc/reports.html . Panelists may be eligible for CPE credit.

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This free report expands on the most commonly found scams, why education and specialized IT knowledge help to lessen security vulnerabilities, and why every firm should plan carefully for how it would respond to a breach.

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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.