Personal Financial Planning


The Financial Advisor agreed to publish a correction of erroneous information that appeared in its September issue about the AICPA’s personal financial planning division ( www.aicpa.org/download/pfp/ ). In addition the magazine’s editors agreed to print a letter from the AICPA and to highlight in an upcoming issue the activities of the PFP membership section. The AICPA continues to support the PFP specialty practice area—which includes the membership section and the Personal Financial Specialist (PFS) credential program—and is building a stronger community of financial planners, enhancing member competencies and increasing communications and outreach to this important group. Information about the practice area and the credential is available at www.aicpa.org/pfp .

SPONSORED REPORT

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.

PODCAST

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.