CPA Exam’s Top 10

T he AICPA announced the winners of the 2005 Elijah Watt Sells Awards, which are presented annually to the candidates earning the highest cumulative scores on the four sections of the Uniform CPA Exam. They are (in alphabetical order): Steven C. Anderson, a candidate from Ohio; Melissa Bylsma, Illinois; Mark Raymond Danielson Jr., Texas; Elizabeth A. Diehl, Virginia; Adina Mitnick Hollander, Maryland; William Harris Leder, Texas; Kristin Danielle St. Raymond, Arizona; Hazel M. Tucker, Utah; Steven W. Utke, Pennsylvania; and Peter E. Wick, Wisconsin. The awards were created in 1923 to honor Sells, who was among the nation’s first CPAs and active in establishing the AICPA. To be eligible to win, a candidate must have completed testing during the previous calendar year and passed each exam section on his or her first attempt.


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.