Audit Committee Article Ranks First

AICPA President and CEO Barry C. Melancon presented the Journal of Accountancy’s 2003 Lawler Award for best article of the year to Stephen A. Scarpati, CPA for “CPAs as Audit Committee Members” (Sep.03, page 32; ). In his article Scarpati, president of 180 Management LLC in New York, explained how CPAs can prepare themselves for audit committee service. Each year, the JofA’s editorial advisers choose a winning article, which earns its author $500 and a commemorative plaque. The award is named after John L. Lawler, a former JofA editor and AICPA senior vice-president.

The AICPA Academic and Career Development team created a new reference brochure, Directory of Education and Recruitment Programs, that describes the Institute’s programs and services for students and educators. Free copies are available from Jodi Ryan at .


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.