For news from the AICPA and state societies, visit, which also offers online CPE, AICPA professional literature, practice management aids and links to state society Web sites.


The AICPA has created an associate membership category for college and university accounting faculty who are not CPAs. Non-CPA faculty members are eligible for a one-year subscription to the AICPA’s Core Library, access to the AICPA’s Technical Information and Professional Ethics Hotlines, a discount on AICPA products, complimentary subscriptions to the Journal of Accountancy and The CPA Letter , and access to AICPA insurance and retirement programs. Non-CPA faculty members will not be able to vote on member ballots. Dues are $185 a year. Applications are available at .

State CPA societies and individuals are invited to nominate an accounting educator for the 2007 AICPA Distinguished Achievement in Accounting Education Award. This award recognizes full-time college accounting educators distinguished for excellence in teaching and for national prominence in the accounting profession. Nominations are due February 1, 2007. For details, e-mail Heather Bunning 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.