FYI


SEC Chairman William H. Donaldson resigned on June 30, 2005, more than two years after President George W. Bush appointed him to the post. At press time, the president had nominated Rep. Christopher Cox (R-Calif.) as Donaldson’s successor, subject to confirmation by the Senate.

The AICPA governing council approved a resolution to return the PCPS acronym to the full title it had replaced: Private Company Practice Section ( www.aicpa.org/pcps ). Council also affirmed the section’s principle mission of helping practicing CPAs and their firms succeed.

The AICPA is accepting nominations until August 31, 2005, for distinguished public service awards to individual CPAs and firms. Institute members, state societies and associations of firms are eligible to submit nominations. Information is available from Jay Rothberg (212-596-6005; jrothberg@aicpa.org ); an overview, guidelines and nomination forms can be downloaded at www.aicpa.org/members/nominationforms.htm .

The JofA won a Trade Association Business Publication International (TABPI) 2005 Tabby Award for its Fraud Beat column, which earned honorable mention among nearly 700 editorial and design entries from around the world.

PODCAST

What’s next for potential CPA licensure changes

A new model proposed by NASBA and the AICPA is designed with an eye on the future for newly licensed CPAs. The AICPA's Carl Mayes, CPA, provides background on the project and a look ahead to 2020.

VIDEO

What RPA is and how it works

Robotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.