News

The boards of directors of the American Institute of CPAs (AICPA) and National Association of State Boards of Accountancy (NASBA) have approved expansion of accountancy’s model legislation to include an additional path to CPA licensure. The optional path maintains public protection while providing added flexibility and options for CPA candidates.

NEW YORK (April 28, 2025) -- The House Financial Services Committee has released draft language for a measure that would defund the Public Company Accounting Oversight Board (PCAOB) and transfer its activities to the Securities and Exchange Commission.

EO 25-08: Executive order to provide relief pursuant to the emergency declared in executive order 25-07

Governor of the State of Arkansas and pursuant to Ark. Code Ann. §§ 12-75-101, et seq., and the state of emergency declared in Executive Order 25-07, amends Executive Order 25-08 to include additional counties.

Deana A. Infield becomes the 94th Chair of ARCPA’s Board of Directors on April 1, 2025

In the wake of recent reports of workforce reductions at the Internal Revenue Service (IRS), President and CEO, Mark Koziel, CPA, CGMA, of the American Institute of CPAs (AICPA) released a statement regarding IRS Services for this tax season

In the wake of recent reports of workforce reductions at the Internal Revenue Service (IRS), President and CEO, Mark Koziel, CPA, CGMA, of the American Institute of CPAs (AICPA) released a statement regarding IRS Services for this tax season

The Financial Crimes Enforcement Network (FinCEN) will extend the current March 21 beneficial ownership information (BOI) reporting deadline, has suspended BOI enforcement, and will develop new regulations it says will reduce "regulatory burden," the agency said Thursday.

The American Institute of CPAs (AICPA) president and CEO, Mark Koziel, CPA, CGMA, released the following statement highlighting the need for the Internal Revenue Service (IRS) to have the ability to meet the needs of taxpayers and tax preparers during this filing season: “For many years, one of the top priorities at the AICPA has been to promote efforts that ensure the IRS has the appropriate resources to meet the needs of taxpayers and preparers. Our goal is to support taxpayers and our members during times of uncertainty and to provide guidance to help navigate any changes that may affect critical, time-sensitive interactions with the IRS. “Many are concerned with potential challenges that could arise from recent changes throughout government. While there is a lot of speculation and many unknowns, the AICPA is actively monitoring the situation and engaging with IRS leadership and other key stakeholders to understand and mitigate the impact of these changes on IRS services. “IRS service levels and modernization efforts have seen progress since the COVID-19 pandemic and we are committed to seeing those efforts continue. Americans deserve a fully functioning agency that can be respected by taxpayers and their preparers, thereby allowing them to comply with their tax obligations.”