The American Institute of Certified Public Accountants

Topics: Certified Public Accountant, Accountant, Accountants Pages: 3 (726 words) Published: April 7, 2013
The American Institute of Certified Public Accountants

The American Institute of Certified Public Accountants also known as the AICPA is a leading organization of certified public accountants in the United States. It was founded in 1887 and provides more than 370,000 members that offer certified public accountant services. Leading member of the International Federation of Accountants and the Global Accounting Alliance, the AICPA is also affiliated with the Institute of Chartered Accountants of the Caribbean. This non-profit group was designed to guarantee that the field of accounting gained the respect it deserved as a profession. Also, they ensured that ethical and competent specialists practice accounting. The members of this team represent business and industry professionals and provides them with resources, information, and direction. The CPA’s play the role within the businesses, industry, and government by providing guidance, information and tools related to financial accounting, reporting, governance, tax, and internal auditing. CPA include expertise in management, technology, and resources. The American Institute of Certified Public Accountants can and will suspend or terminate membership for failure in educational requirements, felony criminal convictions of any kind including fraud in filling taxes or conviction relating to failure in filing a tax return. This organization’s top priority is to ensure that valuable services are being provided in the highest professional manner that will benefit the public. The AICPA is led by a board of directors who act as a committee, the president and CEO, Barry C. Melancon and chair of the board of directors,

Gregory J. Anton, both certified public accountants along with others determine the institute’s programs and also establish general policies. The council are appointed from each state including U.S territories. The role of the AICPA in providing information from Corporate America to the public is that...
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