Students Win Aid for Graduate Studies in Accounting

The AICPA awarded $5,000 to each of seven students for the 2004–2005 academic year. To qualify for the awards, bestowed under the John L. Carey Scholarship program, the winners had to have obtained a liberal arts degree prior to enrolling in a graduate accounting program that would enable them to take the CPA exam. The winners and their graduate schools were Joshua Adams, University of North Carolina at Chapel Hill; Susan Atha, Utah State University; Melissa Bylsma, University of Michigan; Emily Cooper, Northeastern University; Kevin Crotty, University of North Carolina at Chapel Hill; Rachel Knox, University of Texas at Austin and Mary Zachos, Northeastern University. Competitors were evaluated on the basis of their scholastic accomplishments, leadership and interest in an accounting career. The scholarships are funded by an AICPA Foundation endowment created by member contributions following Carey’s 1969 retirement as administrative vice-president of the Institute.


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.


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.