GASB proposals

https://www.journalofaccountancy.com/news/2018/sep/gasb-targeted-improvements-new-concepts-201819829.html Comments are due on Feb 15, 2019 for both proposals.

AICPA comment letter to GAO

http://www.aicpa.org/InterestAreas/GovernmentalAuditQuality/DownloadableDocuments/AICPACL2017YBED.pdf While supportive of the yellow book revision, three areas are noted: independence requirements,CPE requirement, and auditors' responsibilities for waste.

Not-for-Profit Knowledge Checks

https://competency.aicpa.org/assessments/knowledge_check/298-not-for-profit-entities AICPA & CIMA Competency and Learning website. Take the quizzes and see how you score. Targeted resources for purchase are available at the end of the quiz.

GASB pension reporting

This article is a reference to the AICPA white paper regarding the pension numbers. http://journalofaccountancy.com/News/201410247.htm

FASAB seeking comments

This is a request for an extension of time for audit standards to address the changes in long-term projections being moved from RSI to basic information. http://www.journalofaccountancy.com/News/201410059.htm

AICPA video explaining GASB pension standards

Just 6 minutes in length, this video describes the changes that the state and local governments will be undergoing to achieve the improved transparency and accounting for public pension benefits.  http://www.aicpa.org/News/AICPATV/Pages/home.aspx?bctid=2591408790001&Ca=Government%7cProfessional+Issues&Type=VideoSubCat

AICPA responding to single audit changes

And expressing the concerns http://blog.aicpa.org/2013/06/3-ways-the-new-coso-framework-may-affect-your-business.html

Some of the various changes are discussed here.
http://www.aicpa.org/InterestAreas/GovernmentalAuditQuality/NewsAndPublications/GAQCALERT/2013/Pages/GAQCAlertNo211.aspx

Please don't tax the CPA! (or other professional services)

 Hawaii,  New Mexico and South Dakota, who in their sales tax on professional services do not exempt the CPA are not the only states to be aware of in changing times.   Shifting from manufacturing to services is part of the culprit as this tax becomes more prevalent on services.   Notice in this advocacy article from the AICPA how it points out that states who had taxes in place eliminated them for complexity issues.   http://blog.aicpa.org/2013/02/tentacles-of-state-tax-on-professional-services-may-reach-cpas.html

AICPA recommended changes for 990 form

The documents shows the changes the AICPA would like to see to the nonprofit tax return form.  http://www.aicpa.org/interestareas/tax/resources/exemptorganizations/advocacy/downloadabledocuments/aicpa-08.16.2012-f990-instruct-cl.pdf