Awards for Public Service


The AICPA received an award from the IRS in recognition of the Institute’s efforts to encourage CPAs to volunteer to help victims of hurricanes Katrina, Wilma and Rita fill out their tax forms. Richard Morgante, commissioner of the Wage & Investment Division, presented the award at November’s National CPA/IRS Tax Issues Meeting in Washington, D.C.

Meanwhile, the AICPA awarded its first Tax Public Service Award to Ernst & Young LLP for the firm’s work in the aftermath of the hurricanes. Tom Purcell, immediate past chair of the Institute’s Tax Executive Committee, presented the award to Chuck Kowal, CPA, partner and director of personal financial services at Ernst & Young, at the Federal Tax Conference and Fall Tax Division Meeting. The committee created the award to further the Tax Division’s goal of serving the public and enhancing pro bono opportunities for AICPA members.

SPONSORED REPORT

States look to unclaimed property for revenue

This free report outlines the escheat process, common types of AUP, how different states are handling it and how companies can plan for potential audits and liabilities.

PODCAST

Using drones to enhance audits

Hermann Sidhu, CPA, global assurance digital leader at EY, walks us through EY’s exciting new project to use drones to help audit large warehouses and outdoor inventories.